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RE: NFFC Financial Talk - Jean_claude_killy - 17-01-2024
(16-01-2024, 10:14 PM)ozzyten10 Wrote: It’s what Everton are appealing against - arbitrary penalty seemingly made up for them. I have a feeling that as we did sell and recoup losses quickly and we show financial prudence going forward then we may get some of our deduction suspended for strict compliance on future returns. We obviously need to sell to recruit from here on in.
With the exception of repeated failings to pay the players, which attracts a 3 pt penalty, and entering admin, which attracts a 12 pt penalty, all of the penalties are arbitrary.
If Everton win with that excuse, it will open the flood gates on all that has passed.
RE: NFFC Financial Talk - The reds - 17-01-2024
Forest hoping to learn their fate by the end of the month, This is according to Tom Collomosse from the Mail
I assume that is what Forest meant in their statement wanting a 'fair and speedy resolution'
So looks like we won't have to wait until April
RE: NFFC Financial Talk - Sausage Roll - 17-01-2024
(17-01-2024, 04:29 PM)The reds Wrote: Forest hoping to learn their fate by the end of the month, This is according to Tom Collomosse from the Mail
I assume that is what Forest meant in their statement wanting a 'fair and speedy resolution'
So looks like we won't have to wait until April
I was wondering about that yesterday and was going to ask the question. Just because the timing says the result of the independent commission's review is reported to happen in April does that mean it definitely will, or could it be done sooner?
Hopefully Collomosse is correct. Would be better to know sooner rather than later.
RE: NFFC Financial Talk - wassy04 - 17-01-2024
(17-01-2024, 04:33 PM)Sausage Roll Wrote:(17-01-2024, 04:29 PM)The reds Wrote: Forest hoping to learn their fate by the end of the month, This is according to Tom Collomosse from the Mail
I assume that is what Forest meant in their statement wanting a 'fair and speedy resolution'
So looks like we won't have to wait until April
I was wondering about that yesterday and was going to ask the question. Just because the timing says the result of the independent commission's review is reported to happen in April does that mean it definitely will, or could it be done sooner?
Hopefully Collomosse is correct. Would be better to know sooner rather than later.
Maybe if we're not appealing or anything it can speed up the resolution?
I like this strategy, draws a nice difference between us and Everton. Hopefully helps us get a more lenient sentence.
RE: NFFC Financial Talk - The reds - 17-01-2024
(17-01-2024, 04:40 PM)wassy04 Wrote:(17-01-2024, 04:33 PM)Sausage Roll Wrote:(17-01-2024, 04:29 PM)The reds Wrote: Forest hoping to learn their fate by the end of the month, This is according to Tom Collomosse from the Mail
I assume that is what Forest meant in their statement wanting a 'fair and speedy resolution'
So looks like we won't have to wait until April
I was wondering about that yesterday and was going to ask the question. Just because the timing says the result of the independent commission's review is reported to happen in April does that mean it definitely will, or could it be done sooner?
Hopefully Collomosse is correct. Would be better to know sooner rather than later.
Maybe if we're not appealing or anything it can speed up the resolution?
I like this strategy, draws a nice difference between us and Everton. Hopefully helps us get a more lenient sentence.
Yes, I don't think we are appealing the charge, We have pretty much accepted it but we are using mitigating circumstances which are very good arguments, I expect De Marco will have our case watertight. Everton's case will probably drag on till the 24th May.
RE: NFFC Financial Talk - Liars Bar - 17-01-2024
Not long to wait then hopefully.
Be nice if we can find out daytime on the 30th, its positive news then the WFCG will be bouncing for when Arsenal rock up.
RE: NFFC Financial Talk - Huddersz - 17-01-2024
(17-01-2024, 04:56 PM)Liars Bar Wrote: Not long to wait then hopefully.
Be nice if we can find out daytime on the 30th, its positive news then the WFCG will be bouncing for when Arsenal rock up.
And a very busy transfer deadline day with our conscience clear ?
RE: NFFC Financial Talk - Marinakis Red - 17-01-2024
Where has Tom said that? I've not seen anything on his Twitter.
RE: NFFC Financial Talk - Red Dog - 18-01-2024
Don't know much about accountancy but IF this is true then things seem more positive https://x.com/forestsince/status/1747969460030353775?s=46
RE: NFFC Financial Talk - Jean_claude_killy - 18-01-2024
(18-01-2024, 06:15 PM)Red Dog Wrote: Don't know much about accountancy but IF this is true then things seem more positive https://x.com/forestsince/status/1747969460030353775?s=46
It all looks very plausible, and the numbers stack up.
If we take the numbers we do know, and the estimates made, 10.6m would fall within the margin of error, that's if the PL refuse to accept our Promotion allowances from the previous season.
That fills you with more hope
RE: NFFC Financial Talk - ozzyten10 - 18-01-2024
Well Marinakis converted 11m debt to equity on 30/6/2023- coincidence?
RE: NFFC Financial Talk - Jean_claude_killy - 18-01-2024
(18-01-2024, 08:58 PM)ozzyten10 Wrote: Well Marinakis converted 11m debt to equity on 30/6/2023- coincidence?
Only 5m of that would count towards PSR