League 1 it is then

[ramAnag]

QPR got done for many millions (around 40?) which they are paying off at something like £3M a year. I don't call that scot free.

DCFCA, do us all a favour, either just stay away with your bile that only ever comes out when something is wrong OR also post in a positive vein when things have gone right...... and make sure any "facts" you post are correct. Your claim that "QPR got zero punishment for their rule breaking and ffp stuff" is 100% false.

Tbf, MA...it’s not just DCFCA, who makes some reasonable points but then appears to rapidly lose the plot.
At the moment the forum just seems to be dominated by rival halfwits including the resident one who appears to resent those who can actually read, think and spell.
It’s our turn to be in the firing line from other clubs, I appreciate that...but personally I can’t be bothered at the moment given the standard of posts and the apparent lack of a moderator.

[Geoff Parkstone]

We appear to be more in the firing line from "our own" - albeit that I disown the likes of DCFCA

I see the HMRC debt has now risen to 36 million - presumably because we havent been paying them payroll deductions since the first administrators report? (Administrators 2nd Progress Report (all 86 pages of it) is on file at Companies House if anyone cares to look).

Administrators cost are now excess of 2 million (at 21-03) and legal another 1 million. Looks like the lawyers involved in the appeal against the initial 12 point penalty for entering administration cost about 335,000. Seems a lot when it seems a pretty clear cut rule/penalty.

3.75 million raised by player sales

£ 266 received in donations - and here was me thinking the fans had put their hands in their pockets to help out!!

The Academy has flogged its minibus

[ramAnag]

We appear to be more in the firing line from "our own" - albeit that I disown the likes of DCFCA

I see the HMRC debt has now risen to 36 million - presumably because we havent been paying them payroll deductions since the first administrators report? (Administrators 2nd Progress Report (all 86 pages of it) is on file at Companies House if anyone cares to look).

Administrators cost are now excess of 2 million (at 21-03) and legal another 1 million. Looks like the lawyers involved in the appeal against the initial 12 point penalty for entering administration cost about 335,000. Seems a lot when it seems a pretty clear cut rule/penalty.

3.75 million raised by player sales

£ 266 received in donations - and here was me thinking the fans had put their hands in their pockets to help out!!

The Academy has flogged its minibus

The fans have ‘put their hands in their pockets’ at an average of around 27,000 x £30 many times, GP...and at a time when they could have deserted in droves.
I would have thought the size of the Morris inherited debt is too enormous for ‘fans fund raising’ to have any impact.
I have no idea whether the administrators’ costs etc are realistic or not. Seems enormously excessive to me but it’s your world not mind...what do you think?

[Geoff Parkstone]

probably end up at 4 million

[ramAnag]

probably end up at 4 million

Justifiable?

[Geoff Parkstone]

How long is your piece of string? How often do you compare your string to others?

Looks like is all based on hours, with a blended time cost of around 350 quid an hour. Not sure how much Q will discount the chargeable hours by? Legal costs on top of this of course - the 350k for challenging the automatic administration penalty looks money well wasted

But in a world where Ronald-o earns a million a week, then the reality is, the administration cost is cheap as chips. Then again chips arent cheap either

[ramAnag]

How long is your piece of string? How often do you compare your string to others?

Looks like is all based on hours, with a blended time cost of around 350 quid an hour. Not sure how much Q will discount the chargeable hours by? Legal costs on top of this of course - the 350k for challenging the automatic administration penalty looks money well wasted

But in a world where Ronald-o earns a million a week, then the reality is, the administration cost is cheap as chips. Then again chips arent cheap either

£350 an hour?!

Footballers’ wages are abhorrent to me too...but at least such individuals have talents which are bordering on the unique.

£350 an hour...for what? Being able to count, but apparently not problem solve.
I’m not sure how you work out people’s worth. I’m honestly not being personal but I do believe that people such as teachers, nurses, health and social workers etc do provide a more valuable service than those in your line of work. As for ‘Q’...are they not entirely parasitic and not very good at what they do either.

[Geoff Parkstone]

I am not going to waste my time and yours debating the relative cost-benefits of different professions: society and the open market will dictate that. Its all relative to need and timing, and the scarcity of the resource. I can often charge more per day than you used to earn in a week, but then I dont get employed every day. When my bin is overflowing and running with rats, a teacher is worth little to me: does that mean a binman merits more money than a teacher?

NB 350 is the blended rate per hour of all staff on the assignment, not the top rate of the highest paid.

As a rule of thumb one third of an accountants charge out rate is for salary, 0ne third for overheads/non chargeable staff and one third for profit. eg a staff member charged at 350 an hour would be on maybe 200k per annum salary. Not excessive in a market os scarce supply and growing demand.

What is taking the piss, though, is recharging a quid or two here and there for coffee or sandwiches

[ramAnag]

Fair enough. I just don’t know what accountants do that makes them worth that sort of money and personally...yes I do believe bin men make more of a difference to my quality of life than any accountant I’ve met. I’ve never ever needed an accountant...I do need bin men on a weekly basis.

Not sure who you’re referring to when you mention ‘rehanging a quid or two here for coffee or sandwiches’ but I’m not going to fall out with you about it...I’m just puzzled about what you think you offer that makes your professional so special. You just seem to understand the rules of a ‘game’ that frankly society can largely do without.

[Geoff Parkstone]

First paragraph, I agree - you only value the worth of someone else when you need them, and no two people will share that sense of value to the same level, or at the same time. If you've never needed that skill, as you clearly havent for an accountant, then you wont understand the needs of the job nor the relative worth. Some people can see the value in others, you clearly have selective vision in that regard.

The comment you didnt understand is in relation to a little snippet I saw in the administrators report where they mention that they have "unpaid claims for subsistence expenses of £ 1-34" against, IFIRC, "Stadia" and some other trivial claims against some of the other 6 entities in administration. At £ 350 an hour you'd hope they bought their own crisps!

Why are "my skills" such that they demand a higher reward? Don't know, always have been, hopefully for a few more years they will continue to be. No different to lawyers or similar business related professions I guess. Its supply and demand. As the great George Bernard Shaw put it - those that can, do; those that can't, teach