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Sports Republic - 87m in loss in 1st year
at 13:37 5 Mar 2024

Players are intangible assets because the asset is actually a license (or a contract to use that player for a defined period of time) - not the player themselves.

In Cityboy's example: the intangible asset increases by £1 million and cash goes down by a million if all paid immediately. If only half is paid immediately then cash goes down by £0.5million and creditors go up by £0.5m. The cash and creditors go down further as and when the money is actually paid.

Furthermore the intangible asset is amortised (depreciated) over the life of the contract. So if the contract is five years the intangible asset goes down by £200,000 per year - after say 1 year the intangible asset is now only £800,000 and there has been a £200,000 cost in the Profit & Loss Account.

Hope this helps but it probably just confuses further!
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Anyone prepared to predict a score for Weds against Liverpool
at 15:27 26 Feb 2024

I'm surprised no one's gone for 0-9!
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Mason Holgate
at 08:03 20 Feb 2024

Thanks for your reply, which I've now had a chance to wade through. Let me address your points:

1) I'm not interested in pundits on MOTD but the views of fans around me at matches etc. There is a huge amount of criticism and abuse of players and managers who make mistakes so your point is just wrong. Secondly, refs in the Premier League are meant to be the best of the best and are aided by both assistants and technology. They still make some significant mistakes;
2) "Refs are quite often held accountable" - in other words they're also not held accountable! The problem is that the accountability doesn't appear transparent. In addition, it's not about sacking someone after one mistake (which is a bit of a hysterical statement) but about referees showing a degree of humility or contrition and willingness to learn from mistakes;
3) My mistake - I meant in England outside of the Premier League. As a Saints fan on a Saints forum I am most concerned with the Championship. There seems to be a much greater acceptance amongst fans that referees don't always get things right. Why? It's because refs in the Premier League are meant to be the best of the best and are aided by both assistants and technology but still make some significant mistakes;
4) I have no problem with the technology or VAR - it's the application of it that is problematic. To suggest that it's down to the LOTG seems flimsy - it's clearly the operators that, once again, make mistakes;
5) It's not about controversial decisions but the "look at me" attitude of certain referees. The majority of fans go to matches for the excitement, atmosphere etc. created by the players (the stars of the show). I'm sure those that go to watch the referee in action are in the minority. Referees are bit parts to the main event;
6) I'd love to know what your job is because what you have written about the world of work doesn't apply to many people who are highly successful (not mediocre) in their fields - (as an extreme take Elon Musk as an example!).

The grass roots issue is more of a societal issue than simply down to justified criticism of referees getting major decisions wrong. there is a lack of respect towards authority particularly where the authority appears flawed (we see this towards police for example). Is it right? Of course not but it is a much wider, more complex issue.

I find your last sentence insulting and pathetic and childish - I do not "moan non-stop" about referees. I post on this forum very rarely and have tried to provided valid comments. also you know nothing about me. When my son used to compete in a different sport (FYI he represented GB at World & European Championships) , I did referee at a very junior level in order to help out!

Frankly your whole, defensive attitude sums up what is wrong with refereeing as a whole - there's a lack of humility and contrition and a significant amount of "it's someone else's fault". Everyone wants the standard to improve and the only way to do that is through rigorous self-examination - not knee-jerk defence.
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League table for the last 50 years
at 14:02 19 Feb 2024

130 - I notice you have really replied to my questions.
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Mason Holgate
at 13:59 19 Feb 2024

It's quite simple really:

1) Referees often make decisions that are crucial to the outcome of a match;
2) In any other walk of life people are accountable for their decisions. If I get things wrong in my business I am directly accountable. Referees seem to be immune from this;
3) There seems to be a lot less complaining about officials outside the Premier League - suggesting that many fans do understand the issues;
4) In the Premier League VAR was brought in to sort out clear mistakes. The fact that it is contentious is nothing to do with the technology - it's all to do with the operators;
5) The best referees are those who go un-noticed. They just get on with the job to the best of their abilities. They are not the stars of the show;
6) In most sports referees are made up of those who are not good enough to play the game and moreover are pedantic as they like rules! As a result they are usually not the most popular - it's a fact of life!

Conflating VAR with abuse at grass roots is frankly ridiculous, as is blaming everyone other than those at the root of the problem - PGMOL and referees themselves.
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League table for the last 50 years
at 13:59 16 Feb 2024

I fully realise that retard has multiple meanings. However, the use depends on the context. So I'm interested in which use of retard did you mean then?

BTW, not being naïve (note the correct spelling) or woke or anti a so-called Pompey "fan" being on here. I'm not even agitated - just pointing out that you used a term that is now generally considered as offensive. The context is clear - it's just that you seem to have a problem being called out for something.

If you're not obsessed about Saints why do you bother stalking and coming on a Saints forum?
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League table for the last 50 years
at 13:25 16 Feb 2024

Absolutely understand the context of the thread.

According to the Cambridge Dictionary the term "retard" is "a word for a person with a learning disability (= a condition that can have an effect on someone's ability to learn easily), which was used by doctors in the past but is now extremely offensive". It's not holier than thou or woke to pick someone up on that - it's just decent.

You've clearly been a bit agitated by this criticism because your last sentence has one grammatical error (no comma after now) and one spelling mistake (though for thou). Maybe try to understand the modern usage of language and calm down a bit before posting?
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League table for the last 50 years
at 12:19 16 Feb 2024

Shame you have to resort to using an offensive term ("retard") to describe someone - you've really lost the argument.

[Post edited 16 Feb 12:23]
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RIP Steve Wright
at 21:58 15 Feb 2024

John Peel was just the best - bar none! Never been able to stand radio 2, which I just find bland and I haven't liked the radio 1 demographic for a long time. Sounds like I should try 6music.
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Saints Said To Have Opened Talks With Premier League Player
at 15:59 23 Jan 2024

Why another whinger?
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new players
at 09:44 8 Jan 2024

Except for the whining about no new players signed yet
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"Improve the Atmosphere" meeting at SMS tonight
at 14:00 23 Nov 2023

I think we could learn something from German clubs. There is safe standing and the singing fans seem to be both better organised and accepted by the clubs as an integral part of the matchday experience.

Part of the problem in England is that clubs want atmosphere but not the fans that create it as it will drive away Tarquin, Lucinda and the sprogs who turn out once a year, buy over-priced tat and sit on their hands during the match.
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Premier League Is Heading To Super League
at 13:56 23 Nov 2023

Frankly, I have very little sympathy for the fans of the bigger clubs (local or otherwise). They've made their beds and if there are unintended consequences of their greed and desire for trophies at all costs - then so be it!
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Braverman gone - and I suspect nobody is sorry
at 13:55 23 Nov 2023

901, I agree with most of your argument here and love the Kirkegaard shout-out! Can I suggest you read Nigel Tubbs' views on philosophy (he is at University of Winchester).

My first slight disagreement is in your views on evolution. Whilst, it is accepted science the slight issue is that there are still some evolutionary gaps (eg. the missing link). My own view is that evolution is not incompatible with intelligent design - I just don't have enough data to 100% support one or other or both views!

What I do know is that religion is a man-made construct used to exert power over people/society. Even if there is a divine being, I doubt whether he is exclusive enough to favour one people over another - something that is very apposite at the moment!

My second slight disagreement is that I don't dismiss conspiracy theories or those out of the box theories out of hand. There is often a grain of truth and, even if we disagree, questioning the status quo is vital for us to continue evolving. In fact, I wonder whether humanity has reached it's evolutionary peak. (Obviously in Pompey, this happened a couple of thousand years ago ).
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Braverman gone - and I suspect nobody is sorry
at 16:45 15 Nov 2023

As I understand it, AI learns from multiple sources very quickly! As a result it can formulate an opinion/answer based on multiple sources and as a result remove original bias because the original programming gets less important as it learns. It should be logical.

What I'm not sure about is whether it is really any good at formulating a judgement other than a logical judgement.

I'm not even sure if a lot of what we call AI (eg Chat GPT) is really what AI is about. Chat GPT is a large language model-based chatbot developed by OpenAI (according to Wikipedia!) and is designed to work according to specific prompts, questions etc. I think AI is actually way beyond this!

AI is also not the Terminator. That is a combination of AI and robotics. I think that AI and robotics are often mixed up - AI is the brain, robotics is potentially the body!

These are just my views - I may well know FA about it all but I work with a company that has harnessed AI in management education and many of our clients use AI - either as part of their business or by managers/staff using AI applications (such as Chat GPT).

FYI - if you use CHAT GPT apparently the programming of the free version goes back to 2021 whereas the paid version is bang up to date (not a sales pitch but a word of advise I heard recently).
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Braverman - deliberately provocative or a genuine lunatic?
at 19:21 9 Nov 2023

Bazza, you asked for evidence or sources, which we have all been provided with and we can judge their veracity. As a courtesy, could you provide your sources of information so that we can also judge those. Not taking sides here but just asking for balance.
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VAR - Spain v Scotland
at 14:37 16 Oct 2023

Why are people expectations of referees too high? If they are too high what should our expectations be?

Also, why is the fact that quality is not as good as it was the fault of fans, FA, players, media etc.?

I'm afraid I don't hear this sort of rubbish in any other sport or walk of life.
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Will Russell Martin Be The 7th Manager In A Row Hounded Out Of Southampton
at 16:52 26 Sep 2023

The only contentious sacking, in my mind , was Puel. Nobody seems to cut him any slack, which seems unfair given what came later! The others, including Ralph, were sacked for poor performance- simples!

Arguably, Ralph should have gone earlier - either after one of the 2 9-0's or at the end of his penultimate season.

To suggest managers were "hounded" out (except for maybe Puel) is nonsense.
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Sports Republic
at 19:16 20 Sep 2023

I posted this on Monday:

I have a confession to make – the last time I went to a Saints game was the last time we lost 4-1 to Leicester. At that game we had an ineffective goalkeeper, a porous defence, a lightweight midfield and a forward line who couldn’t hit a barn door. We also had no leadership on the pitch and a manager who would arrogantly stick to plan A, choose favourites and play players out of position. What really capped it all for me was the meek acquiescence of our fans. After that game I decided to stop going until things improved as I just went home cross and frustrated.

Fast forward 16 months. We’ve been relegated and had a merry-go round of players and managers. Other than that, what has changed? Will we’ve still got an ineffective goalkeeper, a porous defence, a lightweight midfield and a forward line who couldn’t hit a barn door. We also still have no leadership on the pitch and a manager who would arrogantly stick to plan A, choose favourites and play players out of position. The faces have changed but nothing else.

So, what’s the constant? It’s Sport Republic – in particular Kraft and Ankersen. At first glance, they remind me of the government of Liz Truss and Krazi Kwarteng – driven by flawed ideology at the expense of pragmatism and anyone other than themselves. Managers, players, staff and are all to be sacrificed on the pyre of ideology.
Looking deeper, I believe that they are more similar to Enron, which was run by people who basically thought they were cleverer than anyone else and had a game plan to fool markets and investors (the “useful idiots” who provided the funding and bought into the new approach). In some ways, I believe that Solak is a “useful idiot” who is just there to finance Kraft/Ankersen’s attempt to come up with an ideologically innovative way to disrupt football management and sell books as self-styled gurus in the area of sports management.

Enron were described as a house of cards built over a pool of gasoline and I think that is the same for Sports Republic. I believe, that their approach is doomed to failure. I hope that I am wrong but I worry that Saints are on course for League 1 for as long as these charlatans are involved. I also hate to say it but I doubt whether I’ll be back again whilst they are there because I don’t believe in throwing good money/time after bad.
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Southampton V Leicester City The Verdict
at 16:23 18 Sep 2023

I have a confession to make – the last time I went to a Saints game was the last time we lost 4-1 to Leicester. At that game we had an ineffective goalkeeper, a porous defence, a lightweight midfield and a forward line who couldn’t hit a barn door. We also had no leadership on the pitch and a manager who would arrogantly stick to plan A, choose favourites and play players out of position. What really capped it all for me was the meek acquiescence of our fans. After that game I decided to stop going until things improved as I just went home cross and frustrated.

Fast forward 16 months. We’ve been relegated and had a merry-go round of players and managers. Other than that, what has changed? Will we’ve still got an ineffective goalkeeper, a porous defence, a lightweight midfield and a forward line who couldn’t hit a barn door. We also still have no leadership on the pitch and a manager who would arrogantly stick to plan A, choose favourites and play players out of position. The faces have changed but nothing else.

So, what’s the constant? It’s Sport Republic – in particular Kraft and Ankersen. At first glance, they remind me of the government of Liz Truss and Krazi Kwarteng – driven by flawed ideology at the expense of pragmatism and anyone other than themselves. Managers, players, staff and are all to be sacrificed on the pyre of ideology.
Looking deeper, I believe that they are more similar to Enron, which was run by people who basically thought they were cleverer than anyone else and had a game plan to fool markets and investors (the “useful idiots” who provided the funding and bought into the new approach). In some ways, I believe that Solak is a “useful idiot” who is just there to finance Kraft/Ankersen’s attempt to come up with an ideologically innovative way to disrupt football management and sell books as self-styled gurus in the area of sports management.

Enron were described as a house of cards built over a pool of gasoline and I think that is the same for Sports Republic. I believe, that their approach is doomed to failure. I hope that I am wrong but I worry that Saints are on course for League 1 for as long as these charlatans are involved. I also hate to say it but I doubt whether I’ll be back again whilst they are there because I don’t believe in throwing good money/time after bad.
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