But L1 clubs' wage bills can only be a certain % of their turnover though, is it 70% I think? So that doesn't add up, we don't seem to be spending any "more" than other clubs in terms of % of turnover (unless it comes out we are). Given our accounts over the last couple of years, I have a...
Interesting* titbit from that there Twitter from last night. A Shrewbury Town Podcast posted that they were aware of a Scandinavian consortium, which includes a number of "ultra high net worth individuals" who have been looking to purchase a L1 club to "invest heavily into". Thi...
It's still staggering that after years of embargoes and 'financial plans' we still seem to be hopelessly far away from being sustainable, even with a weak squad and good crowds. It would be nice to know where exactly the money is going for the finances to still be so bad. Still paying for Bearwood ...
One observation i would make is: All this bed wetting about not hotels for away games. The players turn up in incredibly expensive shiny cars. They can afford to pay for a Premier Inn for the night at a cost of £50? There are stories of staff at the training ground ferrying in microwave ready meals...
Kieran Maguire blames the PL for the Man City mess. The day before they were due to face a select committee, they announced 115 charges as evidence they can regulate themselves. The problem with 115 charges is, you have to provide evidence of all them and if a club is being intentionally obstructive...
I just read the Guardian article. Made my blood run cold. If Dai had sold a few months ago, the squad, the academy and the strong possibility of League 1 survival would have made it a club with a future. Now they'd be buying a League 2 club, a depleted academy stripped of Cat 1, all or most of it's...
RG30 Have also heard Thames Valley Police are also owed sums of money from the club for policing bills.
Surely they have a public responsibility to keep up a minimum level of service? What would their nuclear option be? Refuse to police games so we can't fulfill fixtures?
I'll take some parts of the Guardian article with a pinch of salt. Everybody knows the club is hemorrhaging money and loaded with debt; all possible buyers would have entered into negotiations knowing this. If they're going to run away then good - weeds out those looking for quick success over a lon...
The Puscas clause didn't happen when they missed promotion, Moore got a massive injury. They were probably 2 outgoings they were hoping for, and then perhaps selling Joao and Meite could have got us to our target. But once Puscas and Moore were off, there was no chance. So why weaken the squad?
According to the presser The team can stay in a hotel for the Wigan game, the fee for TM won’t be going to Dai and we’re speaking to the EFL about incomings (this shocks me). It sounds like we’re in talks with 2 to 4 interested parties to take over the club and it might be a partial sell (i.e., Dai...
That complete charlatan Alex Crook reporting that Sam Smith could be off very soon. Not familiar with his reporting record. Anyhow, will give a good indication of how serious Dai is about selling the club. How much more can you get selling a L1 club over a L2 club? That's how much Sam Smith is wort...
That complete charlatan Alex Crook reporting that Sam Smith could be off very soon. Not familiar with his reporting record. Anyhow, will give a good indication of how serious Dai is about selling the club. How much more can you get selling a L1 club over a L2 club? That's how much Sam Smith is wort...
What makes you think they havent been receiving regular financial reporting? Them easing restrictions on more than one occasion springs to mind. The restrictions ebbed and flowed in line with our misconduct > enforcement > relaxation of sanctions > new misconduct > enforcement. We were transparent ...
One of Parry's comments before the parliamentary committee the other day was that the EFL would prefer to move from the current set up (losses of up to £39m over three years) to squad-cost ratios (I think he said limited to ~70% of turnover) which would enable the league to move from acting retrosp...
One of Parry's comments before the parliamentary committee the other day was that the EFL would prefer to move from the current set up (losses of up to £39m over three years) to squad-cost ratios (I think he said limited to ~70% of turnover) which would enable the league to move from acting retrosp...
This game is a total unknown. Will Abbey still be available? How will the players have reacted to the past week's events? Will it galvanise or sap energy and distract? How will the travel arrangements impact them? If everything was normal I would feel confident given recent form. But I think we may ...
Not ideal, but being brutally honest it's a good way to bring cash in now without harming the first team. The lost talent will either be the next owner's problem or be irrelevant when we're extinct.
Brogue Still think getting 500k for a league one player isn’t bad business tbf.
Plenty of money to gamble away at Les Ambassadeurs.
Joking aside, do you think in our current situation the EFL have power to ensure that money goes towards paying the Club's bills and isn't simply placed on red?
Heartbreaking......These w*nkers are selling off any future we have of moving on. Abbey sale has angered me more because not only is he a future captain but the potential is there and a big money move... He hasn`t gone yet, rumour being he`s rejected the move. ooc in the summer anyway. If he reject...