Summer 2017 Window Thread

[nimrod]

i haven't read the FPP rules for ages, but are shareholder loan "write offs" ignored (ie excluded from income) under FPP?

excuse my meanderings. debt waivers from related parties are specifically excluded as "not relevant income".

 

[b3h]

'ave him DW :scouse::icon_lol:

 

[victhegreek]

I was very impressed by Deutsch's explanation but it seems that many people are posting what if this, what if that etc. the one thing i am sure about is that fosun know what they are doing ldboy:

 

[Keef]

You don't get a worth of 6 billion if you don't know what you're doing,unless you're a Russian oligarch who managed to rob the states industries and claim them as your own in between the end of the Soviet Union and start of the Russian version of capitalism

 

[Trips]

I was very impressed by Deutsch's explanation but it seems that many people are posting what if this, what if that etc. the one thing i am sure about is that fosun know what they are doing ldboy:

I'm sure they do, I was just asking for my own understanding

 

[James]

Ssh, don't tell James. He'll tell you his sources know.

Fielden isn't worthy of my name...

 

[visage]

 

[Penk Wolf]

meaning that if the loss over the 3 years is above £15m owners have to fund the excess via "equity" (shares or does this include loans?)

I suppose my question was slightly different. if an owner had built up shareholder loans from past funding (eg how we had built up substantial loans payable to SJH) then an amount he forgives is "income" in the books of the club. so unless this is excluded from the calculation of loss, a rich owner could use that to manipulate the assessment.

It's based year on year else we'd be able to make another £13m loss.

 

[Leigh Griffiths' Hairline]

Just had a read of fielden’s tweets - rather disappointingly he just comes across as a bit thick and hides behind ‘someone told me something’

He is. And he's arrogant and seems to think himself more ITK then he actually is. Doesn't like polite criticism, ie blocks people on Twitter for it.

 

[Kenny]

any second now a Doosch shaped head is going to explode

Timmy II latest on our chase for Sam Gallagher

"The Express & Star understands that a loan move is preferable for whoever Wolves bring in due to budget constraints and concerns over breaching Financial Fair Play regulations."


https://www.expressandstar.com/spor...08/02/wolves-face-wait-in-sam-gallagher-hunt/

 

[From Distant Shores]

It is more likely that Fosun want to be a bit careful with purchases just at the minute - http://www.reuters.com/article/us-china-conglomerates-fosun-intl-idUSKBN1AG0ED - only until the heat dies down.

 

[Norman Deeley]

Interesting to look back to page 1 of this thread. A gold star to Lycan for looking into his crystal ball and (sort of) seeing Jota...

 

[Quirkafleeg]

Error. ;-)

 

[machin05]

View attachment 1850

:icon_lol:
That could become a vital resource!

 

[machin05]

I reckon Fielden and Spiers are unwittingly eachothers 'sources' without realising it!

 

[Kenny]

Tim Spiers‏Verified account @tim_spiers_Star 2m2 minutes ago
Re ex-Hearts boss Ian Cathro...been at Compton to spend time with his old pal/colleague Nuno. No plans for a role at this time, I'm told.


Just needed a shoulder to cry on.

 

[SSB]

I reckon Fielden and Spiers are unwittingly each others 'sources' without realising it!

Here's a meeting between them caught on camera...

 

[lemonjelly]

Tim Spiers‏Verified account @tim_spiers_Star 2m2 minutes ago
Re ex-Hearts boss Ian Cathro...been at Compton to spend time with his old pal/colleague Nuno. No plans for a role at this time, I'm told.


Just needed a shoulder to cry on.

So a contradiction of his own newspapers story then:
https://www.expressandstar.com/sport/football/wolverhampton-wanderers-fc/2017/08/01/wolves-boss-nuno-hosts-ian-cathro-days-before-hearts-sacking/

Wolves boss Nuno 'lines up Ian Cathro for Molineux role' after Hearts sacking

 

[Kenny]

The old running story a story before fact checking innit.

A story based on a tweet from Alex Rae and as Nashy had read about it and let the world know about it they thought they needed to jump in with an excloooooosive. Bit them on the arse this time.

 

[Deleted Cyber]

Agreed, which is why it's smart, but heavily based on this season rather than a gradual build.

Our permanent signings this summer have been Neves, Ofosu-Ayeh, Miranda, Ruddy and Douglas. If we don't go up then Neves go for at least what we paid. Two of the other four were free. Costa will go too at an insane profit if we don't make it.

Forgive me for not wetting myself about our commitments.

The summer before last we debated quite hotly on here what we wanted to happen. Ultimately we wanted, but thought it unlikely, that we get billionannire owners who were prepared to go for it and back it with finance.This summer Fosun seem to be goung one better. In Mendes they have someone they trust, have a business relationship with and are willing to put faith in to deliver, regardless of what others think. Faith that has resulted in international class players signing on the dotted line for a club that has finished lower championship for the last two seasons. Additionally I think Fosun completely understand the FFP rules and are working within them or even using them to our advantage. They have , in this window, shown ambition, foresight, a willingness to back a new manager , a new playing style and to pay pretty much what ever is required to bring young fresh quality talent to Wolverhampton. When did we last say that? Probably 1979/1980 when Emlyn Hughes joined us fresh from his England and Liverpool days and Andy Gray signed. The club is now in an even stronger position financially than it was then. The dark days of boom and bust are gone with the Fosun model at least for the forseeable future. They are at least here for the medium term and seemed pretty damned determind that means achieving promotion sooner rather than later. They came , they looked , they appear to have learnt. Lets all hope they now conquer!