What's new

The Daily ITK Discussion Thread - 28th June 2019

Status
Not open for further replies.

swarvsta

Well-Known Member
Jul 25, 2008
773
4,061
Im sitting in a birthing room at the moment feeling like a spare part as my wife gives birth to our first child.

A signing or 2 as well and I think I might die from over excitement!

I had my first child last week, a boy.

Nothing compares to the feeling you are about to have, holding your baby for the first time.

Enjoy it mate, good luck to you.
 

dfree

Well-Known Member
May 31, 2018
259
1,194
Probably (opinion) to do with Aulas playing a prick, as his family tree is a cactus. And talk from different individual in the business claims ‘Aulas wants deal done 1st July, and hitherto medical delay’. But same individual who knows his onions alleges he is ‘nearby’. Trying to be as transparent as possible. Someone may have a better angle, but JC defo done.
I've seen a lot of Lyon fans saying the same with Aulas. Wants the deal on July 1st so he can include it in the 19/20 accounts as he already got a substantial boost from the Mendy deal, meaning he no longer needs the Ndombele deal in the 18/19 accounts.
 

JayB

Well-Known Member
Aug 24, 2011
6,659
26,067
I'm not sure how banking and stock exchanges function in Europe, but would it not be the case that an announcement after the close of business today would effectively be the same as waiting until July? Assuming the deal were done after the close of business, presumably the payment would not be processed until Monday and there would be no trading of Lyon's stock (which is publicly listed) until then either.

That would mean that the effect of Ndombele's sale would be realized on Lyon's accounts and stock price in fiscal year 2020, which I'm sure is what Aulas is looking for.
 
Last edited:

THFCSPURS19

The Speaker of the Transfer Rumours Forum
Jan 6, 2013
37,890
130,524
I'm not sure how banking and stock exchanges function in Europe, but would it not be the case that an announcement after the close of business today would effectively be the same as waiting until July? Assuming the deal were done after the close of business, presumably the payment would not be processed until Monday and there would be no trading of Lyon's stock (which is publicly listed) until then either.

That would mean that the effect of Ndombele's sale would be realized on Lyon's accounts and stock price in fiscal year 2020, which I'm sure is what Aulas is looking for.
Mate we're not announcing Ndombele today. Sorry.
 

Univarn

Lost. Probably Not Worth Finding.
Jul 20, 2017
2,864
15,279
I'm not sure how banking and stock exchanges function in Europe, but would it not be the case that an announcement after the close of business today would effectively be the same as waiting until July? Assuming the deal were done after the close of business, presumably the payment would not be processed until Monday and there would be no trading of Lyon's stock (which is publicly listed) until then either.

That would mean that the effect of Ndombele's sale would be realized on Lyon's accounts and stock price in fiscal year 2020, which I'm sure is what Aulas is looking for.
I know we all cling to things but it would take 2 seconds for someone to add "First payment to be made July 2nd" into the contract if where the money landed on the fiscal calendar mattered in this deal. If it's not done then it's just not done yet.
 

Japhet

Well-Known Member
Aug 30, 2010
19,277
57,633
I've seen a lot of Lyon fans saying the same with Aulas. Wants the deal on July 1st so he can include it in the 19/20 accounts as he already got a substantial boost from the Mendy deal, meaning he no longer needs the Ndombele deal in the 18/19 accounts.

Makes sense.
 

JayB

Well-Known Member
Aug 24, 2011
6,659
26,067
I know we all cling to things but it would take 2 seconds for someone to add "First payment to be made July 2nd" into the contract if where the money landed on the fiscal calendar mattered in this deal. If it's not done then it's just not done yet.
Then why does it matter whether it's announced on or after July 1 or not? We've had suggestions over and over and over again -- first from quotes of Lyon supporters in the Ndombele thread and just now from Herc -- that it does matter to Aulas. Presumably they know more about how Lyon and Aulas functions than you or any of the rest of us on SC do. All I'm saying is that close of business on the last business day of the fiscal year is functionally identical to open of business on the first day of the fiscal year. Anything that transpired in the interim would be reflected on the next year's books.
 

Grim54

Active Member
Apr 23, 2015
66
134
Then why does it matter whether it's announced on or after July 1 or not? We've had suggestions over and over and over again -- first from quotes of Lyon supporters in the Ndombele thread and just now from Herc -- that it does matter to Aulas. Presumably they know more about how Lyon and Aulas functions than you or any of the rest of us on SC do. All I'm saying is that close of business on the last business day of the fiscal year is functionally identical to open of business on the first day of the fiscal year. Anything that transpired in the interim would be reflected on the next year's books.
There is no such thing as 'business day' in this context. The year ends on 30th June - midnight on Sunday.
 
Status
Not open for further replies.
Top