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Riddler statement.

Riddler statement.

HunterLionheart said:
That's what we do. But the argument being made is that Brentford use player trading as a regular source of income, that the reinvestment is worth it. Thus far they have been correct.

Hemmings could do this if he wished, he can employ whomever he likes, including very smart analytics minds. Which is why it is so frustrating that he doesn't.
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I honestly believe a lot of it is down to his age. He seems to have a very "traditional" methodology in relation to how he believes things should be done.

I would be very interested to know how his stables are run and what sort of analysis goes into the breeding and training programs.
 
We all want the same thing which I presume is a stable successful football club.
I am fairly sure we are perceived as a well run Championship club striving to live within its means but with the support of the owner.
Until the owner decides to sell or quit (god forbid) there is little supporters can do.
 
paddysr said:
I honestly believe a lot of it is down to his age. He seems to have a very "traditional" methodology in relation to how he believes things should be done.

I would be very interested to know how his stables are run and what sort of analysis goes into the breeding and training programs.
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It’s not a case of methodology - rather sheer stubbornness.
 
Kenmare_White said:
They are, as they are fixed assets.

Inventory is held at cost, it isn’t written down unless it’s impaired.
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Crikey, an FRS102 accountancy argument. This must be the most highbrow moment in the distinguished history of PNE_online. Can we debate the amortisation treatment of player contracts next please?
 
rem said:
Haven’t a clue what you are on about. What I do know though is that you are full of your self importance and I find your posts to be bloody irritating and I sense many others do.
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I agree. He's a snob. You're probably the fifth different person to pull him up on his 'high and mighty' stance and 'I am better than you' persona.
Whatever you do though don't call him patronising as that will tip him over the edge.
 
paddysr said:
I honestly believe a lot of it is down to his age. He seems to have a very "traditional" methodology in relation to how he believes things should be done.

I would be very interested to know how his stables are run and what sort of analysis goes into the breeding and training programs.
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OMG

Now you are an authority on horses........

Unbelievable you Paddy.
 
europne said:
OMG

Now you are an authority on horses........

Unbelievable you Paddy.
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Where have I said that you utter imbecile?

I have literally said I would be very interested to know. If he uses all the metrics and analysis available to him in order to identify the best horses for purchase or breeding why would he not do the same with his football team?
 
JK said:
I doubt any supporter purchased shares on the basis on making a return. Most accepted Mr. Hemmings offer writing it off and hoping this was the dream takeover we had all been hoping for.

However, for you to totally undermine the financial commitment of those supporters at two different share issues is very disappointing.

I am still slighlty confused as to why several of you continue to belittle and undermine the lifetime financial commitment (family generations) of thousands of our supporters.
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What is this paranoia you have about supporters being belittled?

A lifetime financial commitment? It’s all our choices if we want to pay the money to follow our team, no one forces us to do this.

Anyone buying shares does so knowing the risk, are you in some sort of fantasy world JK?

No one is belittling anyone, you pay your money for tickets etc, it’s not an investment, these days it’s not a major part of a clubs income either, even less so in the Premier league.

We are in a totally unprecedented situation here and heavily reliant (much to your obvious disgust) on our owner to provide the bridging finance until we can start generating income again. Why do you and Paddy (the expert on everything) find this so difficult to accept?

Why are you so critical of what TH is doing, are you just unhappy about everything?

And as for all the Brentford and Bristol City comparisons, we start off a new season all equal on 0 points, they have had very large amounts of money put in by their owners, see what the new season brings.
 
paddysr said:
Where have I said that you utter imbecile?

I have literally said I would be very interested to know. If he uses all the metrics and analysis available to him in order to identify the best horses for purchase or breeding why would he not do the same with his football team?
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No need for schoolboy insults Paddy, grow up.
 
europne said:
What is this paranoia you have about supporters being belittled?

A lifetime financial commitment? It’s all our choices if we want to pay the money to follow our team, no one forces us to do this.

Anyone buying shares does so knowing the risk, are you in some sort of fantasy world JK?

No one is belittling anyone, you pay your money for tickets etc, it’s not an investment, these days it’s not a major part of a clubs income either, even less so in the Premier league.

We are in a totally unprecedented situation here and heavily reliant (much to your obvious disgust) on our owner to provide the bridging finance until we can start generating income again. Why do you and Paddy (the expert on everything) find this so difficult to accept?

Why are you so critical of what TH is doing, are you just unhappy about everything?

And as for all the Brentford and Bristol City comparisons, we start off a new season all equal on 0 points, they have had very large amounts of money put in by their owners, see what the new season brings.
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had it not been for JK there would have been no development for TH at Ingol, he has more right than most to have a pop at TH and the way he treats decent people with utter contempt.
 
europne said:
No need for schoolboy insults Paddy, grow up.
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You have literally just referred to me as the expert in everything and you have deliberately mis-represented what I have said because you are incapable of understanding a very simple statement.
 
billymac said:
previously you said players were not on the inventory, surely players are depreciating assets as they are not fixtures and fittings for example?
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Without wanting to clog the thread the thread with boring accounting, I suggest you look at the difference between inventory and fixed assets.

Inventory is traded in and out of a business with the aim of making revenue e.g books in a book shop, clothes in a clothes store. They are “current assets” as they are held for a short period of time and thus are held on the balance sheet at original cost, they’re not depreciated.

Fixed assets are brought into a business with the long term (12 months +) aim of improving the productive capacity of a business. E.g new machinery in a factory, or footballers in a football club. Fixed assets aren’t brought in to be sold like inventory is. Hence they are very different to inventory.

Which was my original point to Paddy, his analogy was way off. To get more detailed, football players themselves aren’t “assets”, as an asset is something that has to be controlled by the entity, so technically a player’s registration is the asset, and it is an intangible.

Anyway, I’ll let the battle of the TJH fan boys and the TJH boo boys recommence ...
 
Kenmare_White said:
Without wanting to clog the thread the thread with boring accounting, I suggest you look at the difference between inventory and fixed assets.

Inventory is traded in and out of a business with the aim of making revenue e.g books in a book shop, clothes in a clothes store. They are “current assets” as they are held for a short period of time and thus are held on the balance sheet at original cost, they’re not depreciated.

Fixed assets are brought into a business with the long term (12 months +) aim of improving the productive capacity of a business. E.g new machinery in a factory, or footballers in a football club. Fixed assets aren’t brought in to be sold like inventory is. Hence they are very different to inventory.

Which was my original point to Paddy, his analogy was way off. To get more detailed, football players themselves aren’t “assets”, as an asset is something that has to be controlled by the entity, so technically a player’s registration is the asset, and it is an intangible.

Anyway, I’ll let the battle of the TJH fan boys and the TJH boo boys recommence ...
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I acknowledge the analogy I used was poor but the point I was making wasn't. Anyway I've learnt something interesting today so thank you!
 
Kenmare_White said:
Without wanting to clog the thread the thread with boring accounting, I suggest you look at the difference between inventory and fixed assets.

Inventory is traded in and out of a business with the aim of making revenue e.g books in a book shop, clothes in a clothes store. They are “current assets” as they are held for a short period of time and thus are held on the balance sheet at original cost, they’re not depreciated.

Fixed assets are brought into a business with the long term (12 months +) aim of improving the productive capacity of a business. E.g new machinery in a factory, or footballers in a football club. Fixed assets aren’t brought in to be sold like inventory is. Hence they are very different to inventory.

Which was my original point to Paddy, his analogy was way off. To get more detailed, football players themselves aren’t “assets”, as an asset is something that has to be controlled by the entity, so technically a player’s registration is the asset, and it is an intangible.

Anyway, I’ll let the battle of the TJH fan boys and the TJH boo boys recommence ...
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footballers can come and go within 12 months, injury, not wanted, a fab offer etc etc, so as you originally said football has it's own set of rules, footballers are bought in to be sold (trader concept).
 
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