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Nairaland Forum / Entertainment / Sports / European Football (EPL, UEFA, La Liga) / Official Chelsea Fan Thread: Champions Of Europe 2021 (11325355 Views)
Official Chelsea Fan Thread: Pride Of London / Offical Bayern Munich Fan Thread: 6x Champions Of Europe / Manchester United Fan thread: Forever Reds (2) (3) (4)
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Skimpledawg(m): 10:42am On Jul 15, 2020 |
seankafor:E go easy to track swissh cos he dey Naija na abi. Do it for the culture na |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Leyqute(m): 10:51am On Jul 15, 2020 |
Skimpledawg: Balaam shall soon visit you, you Jebusite. For thou hasth blashphemed against the Lord’s anointed one. That which thou thought is, shall be no more. Thine shalayes shall fill the earth and thine tears shall be overflowing like the river of Euphrates. The prophecy of Jehovah never fails. Write it down and tremble, for the day of reckoning draws nigh. 8 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by pamcode(m): 10:54am On Jul 15, 2020 |
Skimpledawg:Lol dem dey owe man of God money. I just dey pity them. 1 Like |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by donjazet(m): 12:16pm On Jul 15, 2020 |
seankafor: 3 Likes
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by airmark(m): 12:30pm On Jul 15, 2020 |
Skimpledawg: Have you contacted raumdeuter? Jokes apart, i trust Dayo he will help you contact him or even pay for him. 5 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 12:43pm On Jul 15, 2020 |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by HewlettPackard: 12:58pm On Jul 15, 2020 |
Skimpledawg: Baba, better enter site, 2k every day for 18days, your 36k don complete Jokes Apart, I feel Eruditor is critically indisposed( I pray I'm wrong). I don't want to believe a fit Eruditor will abandon Nl because of #54k. Same goes for your swissh. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by HewlettPackard: 1:04pm On Jul 15, 2020 |
airmark: Is this right? raumdeuter, please help us reach out to Erudi.., at least let's be sure he's fine, every other thing can come after. And if you feel obliged to settle the debt for him, we will be grateful. 1 Like |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by nitrogen(m): 1:11pm On Jul 15, 2020 |
Ibime: Interesting, I hope IFRS releases a standard for sports accounting. Stuffs around impairment of an asset (a player) or trying to figure out fair values of the players need to be addressed ASAP. Meanwhile, I know precedent transactions also should help, especially in situations where clubs revalue their assets in order to declare unrealised profits. I believe the transfer market is very liquid, they just need to reduce the period, and ensure almost similar characteristics (such as age, current ranking, output from the player) vs reference assets and or transactions. The sports industry is really massive, special accounting standards are needed. Of course, I know IFRS prefers general standards that are applicable to all industries, but then........ |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by airmark(m): 1:22pm On Jul 15, 2020 |
HewlettPackard: You guys need to start believing me o. Raumdeuter please inform eruditor to honour his word. 2 Likes
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by nitrogen(m): 1:30pm On Jul 15, 2020 |
Ibime: Well, it depends. I know that central banks have guidelines for banks (re: Capital adequacy and risk management issues). Even though, accounting standards exist, regulators within sectors like banking, insurance, etc. still come up with guidelines which somehow shape financial reporting, and they typically fine sector players for going against the guidelines. Don't forget that the regulators also audit companies, with fines or penalties if necessary. Your example is quite interesting. City Football Group, I believe is more like a Private Equity firm, with a holding company structure. Most of the employees' costs should be incurred at the holding company level. True that holding companies tend to get their subsidiaries or portfolio companies pay salaries of their employees......the flexibility from arrangements like this is huge. However, we've also seen arrangements where they just charge management fees to these subsidiaries and/or companies, which essentially cover their costs. In fact, that is exactly what happens these days, I believe. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 1:46pm On Jul 15, 2020 |
nitrogen: I don't think there is any valuation methodology that will work, much less one that will not contravene IFRS guidelines. Intangible assets can only be revalued with reference to an active market and players contracts are likely too unique to benchmark against an active market. That's why we will carry someone like Drinkwater at his asset value (should be around £16m now ignoring salary element) rather than write him off and declare a £16m loss this year. We'll just let amortisation naturally impair him slowly until the end of his contract. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Skimpledawg(m): 1:49pm On Jul 15, 2020 |
airmark:Lmao. Dayo has been dodging my mentions ever since this debt matter. Be like na all man for em head |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by OtemAtum: 2:07pm On Jul 15, 2020 |
sinizia:Are you insecure about something? Why do you quote my name alongside unreasonable posts all the time? Pls I value my mentions o, abeg 3 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Skimpledawg(m): 2:09pm On Jul 15, 2020 |
HewlettPackard:Hahaha. Site for 18days na 36k true true. Maybe its just me, I feel something ain't right with Eruditor. Man must be indisposed to not come online talk less of redeeming his debt. I hope he is fine though. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by Ibime(m): 2:09pm On Jul 15, 2020 |
nitrogen: Yes, they can set capitalisation benchmarks or in FFP case, profitability benchmarks but the accounts on which those benchmarks are aggregated are only subject to IFRS. Whereas it's easier for CBN to tie a bank to capitalisation metrics as those are usually focussed on current assets (usually Cash and <365 Receivables), profit is a more difficult metric to pin down especially in an industry like football whose profit figures are materially affected by disposal gains or losses and who have little short-term correlation between cashflow and profit. A football club could have £100m reduction in Cash and Receivables and still declare £200m profit in the same year. How do you pin that down? Yes, they may charge a management fee within a Group Structure, or may apportion salaries across the different subs. Infact the management fee structure may allow them to sink overhead losses more safely in UAE than spread it around. How can UEFA regulate that? Beyond overheads, you would be surprised to find they also put what you would consider traditional OPEX to parent and apportion later. I know of OPEX items for services my company provides to City that gets billed to Parent. It would be interesting to follow those OPEX down the line and see how they are apportioned between parent and subs. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by seankafor(m): 2:24pm On Jul 15, 2020 |
Segalink trending on twitter.. I wish we have more of segalinks in naija.. who be popo? |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by BlueAngel444: 2:51pm On Jul 15, 2020 |
OJURONGBE1:he dribbles and moves the ball pretty well also 2 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by timbros(m): 2:59pm On Jul 15, 2020 |
Can we just sign this young promising goalkeeper from Rennes? 6 Likes
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by airmark(m): 3:00pm On Jul 15, 2020 |
Skimpledawg: I trust raumdeuter to contact you soon. He can do anything for a stubborn Fraudiola fanboy like eruditor. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by donjazet(m): 3:01pm On Jul 15, 2020 |
nathz45:Why you come be ghost reader? |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by timbros(m): 3:02pm On Jul 15, 2020 |
After the match yesterday... 8 Likes
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Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by BlueAngel444: 3:05pm On Jul 15, 2020 |
popizaino:this post is simply just wonderful. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by iamoyindamola(m): 3:08pm On Jul 15, 2020 |
OtemAtum:The god is angry |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by donjazet(m): 3:19pm On Jul 15, 2020 |
timbros: Deadly partnership next season. I can't wait. It's been really long we had a left footed winger. |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by EarlRagnar2(m): 3:29pm On Jul 15, 2020 |
This Ziyech go like ball |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by PDPGuy: 3:36pm On Jul 15, 2020 |
Y’all in the UK, get ready for 10am World Cup matches in 2022 https://www.bbc.com/sport/football/53419741 |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by sinizia: 3:47pm On Jul 15, 2020 |
OtemAtum: I'm sorry lord OtemAtum; the giver of lives, fatterner of cows and fertilizer of crops; forgive my indiscretions, o cager of the old gods. Tonight, you shall dine with the creamiest of oloshos Naija has to offer. Consider it my burnt offerings to you. 9 Likes |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by seankafor(m): 3:48pm On Jul 15, 2020 |
PDPGuy:ours gonna be around 11-12 am things |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by iamoyindamola(m): 3:55pm On Jul 15, 2020 |
sinizia: |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by PDPGuy: 4:02pm On Jul 15, 2020 |
Chelsea wants to buy Oblak for 100 million pounds, and are offering Kepa as part of the deal! However, I’m not sure Simeone would accept such a massive downgrade in his goalkeeping department 1 Like |
Re: Official Chelsea Fan Thread: Champions Of Europe 2021 by nipeks001(m): 4:02pm On Jul 15, 2020 |
donjazet:You’re right Jorginho is a systemic player- a misfit, but not a bad player. Jorginho would be a good fit for Man city where priority is moving the ball quickly. There’s a reason Guardiola preferred Busquet to Yaya Toure or Mascherano. There’s a reason Sarri is using Pjanic ahead of Matuidi or Jorginho ahead of Kante in a DM role. They play quick possession football and they favor players that can make quick accurate passes to play out from the back. While these kind of players make occasional tackles, their coaches know that Ball winning is not their strong point/priority in these teams and over looks it in favor of their passing ability. These kind of teams defend by keeping possession(the ball away from opposition) and TEAM press( Guardiola will bench Aguero for not pressing high before benching Rodri for being dribbled in a match), not by depending solely on Defensive players in the team. In Chelsea’s case, we are not so good at Team press, and that’s why players like Jorginho are exposed when we lose possession. In all- Jorginho is not a bad player, but probably a bad misfit in this current team as what fans are demanding of him is not in his skill set. Play Pirlo in this current Chelsea system and he won’t get much joy 4 Likes |
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