The Chairman is clearly fcuking usless at being a football club owner.YorkshireRoyal99 wrote:That is also fact though. We've been punished by the EFL due to our spending, KSV Roselare spent around £10m in the Belgium 2nd division and were dissolved due to financial difficulties and Beijing Renhe also spent heavily and Dai Yongge himself got frustrated at the lack of success in the team. Short-term mentality hoping for instant success and it's failed at all 3 of his clubs.
It doesn't overall, but there are very clear similarities between all of his clubs. Not suggesting that means we will go under, because we wouldn't, but we wouldn't because we'd get brought out of administration by someone. Again, not anticipating that will happen because I'd like to think that we'd get sold before that ever became a reality anyway.From Despair To Where? wrote:Apologies if the facts don't fit your agenda.
Didn't have you down as one of the prime resident bed wetters. The situation at Rehne bears very little resemblance to us.
Our current issues revolve around a failure to stick to regulatory guidelines. Yes, he's made serious errors of judgement and yes, if those guidelines were not there then maybe the situation would be similar but it's still a wild leap and from what I can see is nowhere near as serious as us having to flog players to pay the taxman or securing a £20m loan against future earnings like we did 10 years ago.YorkshireRoyal99 wrote:That is also fact though. We've been punished by the EFL due to our spending, KSV Roselare spent around £10m in the Belgium 2nd division and were dissolved due to financial difficulties and Beijing Renhe also spent heavily and Dai Yongge himself got frustrated at the lack of success in the team. Short-term mentality hoping for instant success and it's failed at all 3 of his clubs.
Yes and that all comes back to the same issue, overspending. Agree, different to that of 20 years ago but all these recent issues started from one area, extravagant and unsustainable spending. Agree on the last part as well.From Despair To Where? wrote:Our current issues revolve around a failure to stick to regulatory guidelines. Yes, he's made serious errors of judgement and yes, if those guidelines were not there then maybe the situation would be similar but it's still a wild leap and from what I can see is nowhere near as serious as us having to flog players to pay the taxman or securing a £20m loan against future earnings like we did 10 years ago.YorkshireRoyal99 wrote:That is also fact though. We've been punished by the EFL due to our spending, KSV Roselare spent around £10m in the Belgium 2nd division and were dissolved due to financial difficulties and Beijing Renhe also spent heavily and Dai Yongge himself got frustrated at the lack of success in the team. Short-term mentality hoping for instant success and it's failed at all 3 of his clubs.
Personally I think this should lead onto a redefining of FFP rules, similar to the licencing situation in Italy where evert club is subject to analysis of its spending and has to provide proof of funding to compete.
Stranded wrote:A couple of Twitterists now claiming to have been told that Bowen has resigned. Large pinch of salt naturally until confirmed.
Pretty sure there's plenty on Twitter just stirring shit up though.Stranded wrote:A couple of Twitterists now claiming to have been told that Bowen has resigned. Large pinch of salt naturally until confirmed.
Yep, calling bullshit on that one. Especially as someone claims he's been in talks with Norwich, based on that speculative article.tidus_mi2 wrote:Pretty sure there's plenty on Twitter just stirring shit up though.Stranded wrote:A couple of Twitterists now claiming to have been told that Bowen has resigned. Large pinch of salt naturally until confirmed.
I partially believe he has left.blythspartan wrote:I fully believe he’s left. League Two here we come.
sounds familiar - some people say something suspicious is going on, other people sneer at them for being bed wetters, the first people are proved rightmorganb wrote:Twitter is just one big In-The-Know competition.
Person One says something to seem in the know.
Then Person Two either backs Person One or gambles on going against them to try to look more in the know if Person One is proved wrong.
If the direction you went is wrong then shh! Don't draw attention to it.
However if the direction you went is right then WINNER! Quote that Tweet forever after.
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