Search found 4196 matches

by Lower West
06 Mar 2024 19:09
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

In terms of points deduction, it won't make any difference to whether the players agree to a wage deferral or not. It's going to be hard to get anyone to invest in the club whilst Dai appears to be acting in bad faith. Any idea how much Howe has involved Dai? Any risk we get a repeat of Genevra whe...
by Lower West
06 Mar 2024 00:50
Forum: The Team
Topic: Sporting Integrity
Replies: 17
Views: 1230

Re: Sporting Integrity

There's also 13.8% employers national insurance on top of the gross pay figures. On a £5 million payroll. That's £690k on top.
by Lower West
06 Mar 2024 00:26
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Sir John can`t be short of a bob or two, he has the club at heart, maybe he can chip in with a loan until the end of the season. #clutchingatstraws. Be better coming in as part of the new consortium later. At the moment the club is unfortunately still sliding backwards. (Not referring to onfield re...
by Lower West
06 Mar 2024 00:23
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

It doesn't change much really, we are reliant on Dai deciding it is in his best interest to fund the club for the last 2 months of the season. If he doesn't do so, then we will get a bare minimum 2pt deduction, if not more. The Commission knew this when they handed down the verdict, hence no point ...
by Lower West
29 Feb 2024 20:10
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

I guess the key question now is how much money, if any, is left from the player sales and whether Dai is still providing any funds. Crunch time comes when the matchday revenue dries up. All that's coming in is next season advance season ticket sales. Even then 20% is paid over to the HMRC. Treading...
by Lower West
28 Feb 2024 13:20
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3282
Views: 1531494

Re: TAKEOVER *NOT* CONFIMRED

No prospective buyer would give the loan without assurances that a deal will happen, as they know the club can't afford to repay it. But that is the point of it being secured, say against the Academy facility or Bearwood. If they don't repay you get your money back that way. Bearwood was financed w...
by Lower West
27 Feb 2024 23:45
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2660
Views: 2076502

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

I sometimes think SBWD need to consider the bigger picture and why these punishments are levied. Yep. I could do an annotation of what is wrong with that SBWD statement. Most paragraphs to be honest. Para 1 - You need sporting sanctions to stop clubs from breaching financial fair play. As can be se...
by Lower West
16 Feb 2024 23:54
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3282
Views: 1531494

Re: TAKEOVER *NOT* CONFIMRED

The £60 million is to buy a 87.8% in the club, Not a pure takeover. As the current owner retains a diluted stake. Only the annual accounts will reveal the extent to which money that he has already lent the club will be written off. Another individual who has sunk some £200 million of cash into a fan...
by Lower West
11 Feb 2024 18:24
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3282
Views: 1531494

Re: TAKEOVER *NOT* CONFIMRED

Perhaps it's less about the players and more about the division the club end up playing in next season. As far as potential purchasers are concerned.
by Lower West
05 Feb 2024 17:19
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

You could give League One clubs an extra £5 million a year, and the only result would be them spending £5 million more each on wages. Not if the money was distributed between the clubs based on a number of fair play and sustainability factors. The higher the rating the greater the % awarded. Well r...
by Lower West
03 Feb 2024 17:40
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

As part of any changes ALL clubs should be forced to put clauses into ALL their player contracts so that relegation means non-negotiable % wage reductions as well as any associated bonus payments being removed or significantly reduced. Likewise clubs would also include % wage increases etc. should ...
by Lower West
02 Feb 2024 22:11
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

He discussed it in detail at the hearing, if you want to look back at the video. IIRC, the teams involved in Europe may already be aiming for this level, because of UEFA rules. His other point, besides reforming FFP, was that the parachute clubs have a massive advantage over everyone else. Think th...
by Lower West
29 Jan 2024 17:19
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2660
Views: 2076502

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

This won't be a surprise to anyone, but I was chatting to my (very reliable) source yesterday and he confirmed that everyone at the club, from Bowen down, is fully #sellbeforewedai. As in they are actively working against the owner and Pang. He was saying that, actually, Pang is considered to be th...
by Lower West
29 Jan 2024 17:14
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

Do a search for the first man mentioned in this video. If true, appears Dai might have some friends in some powerful places! https://youtu.be/pFVPZKgmjAE?si=gW3eMBN-SlerPUrx Not really sure what all this is about mind! Believe that Dai's father was head of the Chinese Central Bank. In communist sta...
by Lower West
27 Jan 2024 22:04
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2660
Views: 2076502

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

This won't be a surprise to anyone, but I was chatting to my (very reliable) source yesterday and he confirmed that everyone at the club, from Bowen down, is fully #sellbeforewedai. As in they are actively working against the owner and Pang. He was saying that, actually, Pang is considered to be th...
by Lower West
27 Jan 2024 19:06
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

this articles explains seems like an individual with debt - keep opening new creditcard accounts to pay off debts of older ones https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0109/2024010900262.pdf The question that remains unaswered since the shares were first suspended in October 2022. Is...
by Lower West
26 Jan 2024 20:30
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2554
Views: 2449838

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

There is a negative spin available, that ultimately he won't focus on the sale of a football club which is a drop in the ocean in the context of his financial problems. Which is why continuing protest action is important. We may be a very small problem to him financially, but we can generate headli...
by Lower West
23 Jan 2024 19:40
Forum: The Team
Topic: Confrimed - Abbey and Holmes going
Replies: 547
Views: 89082

Re: Confrimed - Abbey and Holmes going

IF Dai is serious about selling the club, why would he (or Pang) bother to put in a sell on clause? It would be of no use to him, would it? Sell players on the cheap for just enough to keep the club ticking over and stuff the club is more likely to be in his thoughts. Because it has potential finan...
by Lower West
17 Jan 2024 09:35
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2660
Views: 2076502

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

We have got some really positive media coverage atm, and support from other clubs. Last week, I was all for getting every home game abandoned, but realise that if we push things too far the tide could easily turn against us. The fact that Pang went on talk sport yesterday suggests that a cage has b...
by Lower West
17 Jan 2024 09:26
Forum: The Team
Topic: Do you agree with todays pitch invasion and match abandonment?
Replies: 328
Views: 498987

Re: Do you agree with todays pitch invasion and match abandonment?

Snowflake Royal
Lower West
Snowflake Royal Give over granddad.


Free speech son.

Works both ways Weird Uncle Pete.


Dumb actions result in consequences. Little point in shooting the messenger.
It is currently 16 Apr 2024 23:05