Summer 2017 Window Thread

[The Bear]

I still want a CM, greedy bastard that I am.

Me too. Just to make sure Edwards never starts. An attacking CM who can also play the No. 10 role if needed would be nice.

Can we just buy Gylfi Sigurdsson for £50m please Fosun?

 

[Alan]

We give our new signings the respect of their own thread Alan, shame on you.

Forgot I had Tapatalk only showing "participated" threads.

 

[Penk Wolf]

Someone beat you to it Deutsch.

http://www.wolvesfancast.com/ffp-mean-wolves/

 

[Deutsch Wolf]

Nah, not really stepping on my turf.

 

[Paddingtonwolf]

Jesus

His line about impressing your friends by using amortisation makes it sound like some form of magic.

It is fucking basic accountancy

 

[PuntsWolf]

Tbf I'd never heard of the word till on here. On I guess it's light hearted humour (the strength of which is debatable)

 

[The Bear]

Having brought it up at work several times I often get blank stares. I doubt many people know what it is.

 

[Jolemai]

Is that the same fancast that usually gets posted on here by fancastdave?

 

[Paddingtonwolf]

Having brought it up at work several times I often get blank stares. I doubt many people know what it is.

Maybe, but it is still a VERY basic tenet of accountancy.

 

[Parkins left foot]

Maybe, but it is still a VERY basic tenet of accountancy.

Then again unless you are (or have been) involved in that world its not a word in common everyday usage

 

[Deutsch Wolf]

I must have mentioned it a fair few times on here when I've been wittering on about football finance. Evidently no-one actually reads what I say

 

[Penk Wolf]

I guess intangible assets aren't seen that often on your typical balance sheet, so it's probably not a term used that often. Depreciation on fixed assets is more common.

 

[Paddingtonwolf]

Amortisation is in most big company accounts

 

[Johnny75]

Then again unless you are (or have been) involved in that world its not a word in common everyday usage

It isn't just accounting though. Anybody who's been involved in any sort of procurement or in charge of any project management should know about it.

As Paddy says, it's pretty basic stuff.

 

[Penk Wolf]

Amortisation is in most big company accounts

I appreciate that, but I guess the majority of people only look at SME accounts, if any at all.

 

[Penk Wolf]

It isn't just accounting though. Anybody who's been involved in any sort of procurement or in charge of any project management should know about it.

As Paddy says, it's pretty basic stuff.

I guess the word amortising is, but relating it to football probably isn't.

I used to use it in mortgage repayment calculations a fair bit.

 

[nimrod]

I appreciate that, but I guess the majority of people only look at SME accounts, if any at all.

they'll know what depreciation is presumably. allocate the cost over the useful life of an asset. allocate the fee over the period of the contract.

 

[Johnny75]

I appreciate that, but I guess the majority of people only look at SME accounts, if any at all.

My business is tiny and we have both.

I have a problem with people looking down their nose at people that have bothered to educate themselves. It's a race to be the most stupid.

 

[Penk Wolf]

My business is tiny and we have both.

I have a problem with people looking down their nose at people that have bothered to educate themselves. It's a race to be the most stupid.

You will have because your business has IP, copyrights, etc.

I feel the opposite, I don't like the idea that people, who in general will be manual workers, are expected to know about accountancy.

 

[Deutsch Wolf]

You will have because your business has IP, copyrights, etc.

I feel the opposite, I don't like the idea that people, who in general will be manual workers, are expected to know about accountancy.

I can understand the general populace not understanding the concept, that's fine.

Football journalists who don't get it should hang their heads in shame.