Class act on shirt sponsoring.

[MadAmster]

Woah, are you really going to use that?

Please just remind me what's happened over the last 24 months?

offffffffffffffffffffffffside lol

We fell foul of using a depreciation method that is perfectly legal under FRS102 (source a UK Bank Manager friend of mine). Boro decided
they didn't like it. An EFL disciplinary committee containing some accountants found us not guilty. On appeal, a committee containing zero accountants found us guilty. As it was an accounting matter, isn't that a tad questionable? Even more so when, after the case, the EFL introduced a rule to prevent that particular depreciation method being used....

We got fined and instructed to change 3 season's accounts which led to the extra 9 point deduction. Would an appeal committee containing accountants have reached a different decision? I suspect they would.

[Trickytreesreds]

We fell foul of using a depreciation method that is perfectly legal under FRS102 (source a UK Bank Manager friend of mine). Boro decided
they didn't like it. An EFL disciplinary committee containing some accountants found us not guilty. On appeal, a committee containing zero accountants found us guilty. As it was an accounting matter, isn't that a tad questionable? Even more so when, after the case, the EFL introduced a rule to prevent that particular depreciation method being used....

We got fined and instructed to change 3 season's accounts which led to the extra 9 point deduction. Would an appeal committee containing accountants have reached a different decision? I suspect they would.

So you're blaming GP and Andy?

MA, word it how you want , MM tried didling everyone, from the tax man to the players themselves.
You got away with it for an extra year at the expense of others.
Own it.

[MadAmster]

So you're blaming GP and Andy?

MA, word it how you want , MM tried didling everyone, from the tax man to the players themselves.
HE got away with it for an extra year at the expense of others.

A not guilty appeal decision would have seen us probably go into admin anyway but that -12 would have seen us still in the Championship.

[swaledale]

So you're blaming GP and Andy?

MA, word it how you want , MM tried didling everyone, from the tax man to the players themselves.
You got away with it for an extra year at the expense of others.
Own it.

He didn't try diddling everyone, he did what a lot of business owners do which is use various accountancy methods to get the figures looking as they require. I mean even Tesco did a bit of number manipulating and got caught for it, and don't get me started on Philip Green and his shenanigans!

The sale and lease back of the ground is a common thing, over half the care home companies in the UK work on that principle, not that i think its a good idea.

What MA says is the bare facts as applied to the EFL penalty. In fact one could argue that that the interpretation of an accounting rule, which the appeal panel made, led to MM putting the club into administration and hence the financial fall out which affected the tax man and other creditors.

It seems MM lost in the region of £125 million of his own money.

I'm not defending the way he operated, it was clearly unsustainable, but its no different from how a lot of businesses operate until something unexpected, as in Covid - 19 comes along and basically destroys the income stream.

[Trickytreesreds]

He didn't try diddling everyone, he did what a lot of business owners do which is use various accountancy methods to get the figures looking as they require. I mean even Tesco did a bit of number manipulating and got caught for it, and don't get me started on Philip Green and his shenanigans!

The sale and lease back of the ground is a common thing, over half the care home companies in the UK work on that principle, not that i think its a good idea.

What MA says is the bare facts as applied to the EFL penalty. In fact one could argue that that the interpretation of an accounting rule, which the appeal panel made, led to MM putting the club into administration and hence the financial fall out which affected the tax man and other creditors.

It seems MM lost in the region of £125 million of his own money.

I'm not defending the way he operated, it was clearly unsustainable, but its no different from how a lot of businesses operate until something unexpected, as in Covid - 19 comes along and basically destroys the income stream.

Of course he diddled others.
Try the teams relegated, that didn't have his financial resources, to even attemp the diddle.
But I'm sure they will take some comfort in the fact, that Tesco and P.Green are just as dodgy.

[MadAmster]

Of course he diddled others.

Then why didn't he end up in Court?