Reminds me of this 🤣

GBP97m prize money to be exact, paying for it...

they way venkys and pasha are acting,there definately is no desire to stay in the championship,if we go into the season with the squad we have we`ll go down,if we lose travis and sonny,then it will be relegation very quickly

Whoever it is will end up with the easiest gig in the world it sounds like a part time position now.

They are also well aware of the risks they are now running with this model and don't seem to care, so it does raise questions about how long the so called desire to remain at Championship level will last.

There's been more in the LT this summer about where former players have been ending up than about our actual activity which speaks volumes.

Something iv'e been arguing for years even to some hard in the head journos and news outlets. You simply cannot call it 'investment' just because the head company might pull its accounting stunts on it's own books by putting it down as such. As far as the club goes it is simply necessary running costs which HAVE to be paid if you own it and don't want to bankrupt it. Investment is when specific money is put in and spent on players or infrastructure to run the club better or help it expand i.e new pitch, Academy buildings, new stand etc. The rest is just running costs, in V's time it's factual that the club has spent almost the same as its sold in terms of buying/selling players so they haven't actually 'invested' much if anything in that department. When someone buys a house or renovates the one they are in that is investment but simply paying utility and food bills to run it is just vital necessary running costs, same with the club. And that spend is gone, never coming back and written off for good the min it leaves your bank account. Unless of course you achieve a massive equity then sell it and everything is covered which is a long shot in any walk of life.

As per JDT's remit, VI will only have 2 jobs: 1. Develop players 2. Stay in the Championship Much less money to be made from players sales in League One. They don't want relegation but there is clearly no desire for promotion either.

As long as the relevant questions are asked and answered, I think everyone will be happy, even if they do not like the answers.

Relegation definitely is.

Problem being is if VI is more than happy to toe the party line for remuneration then this shit situation carries on indefinitely. Buy cheap sell high is the 'project'.. Promotion is not on the agenda for this lot.

Have a look at my post above. The final minutes are agreed between us. At the end of the day I guess that they could insist that something should not be published. I have been secretary of the Forum since 2009 and it hasn't happened yet.

Absolutely nailed it. That's Pasha's plan.

Are they allowed to censure anything they dont want to be published?

Yep, agreed. The manager has now admitted we are in a transitional phase, which we were not planning on being in. I think the indications from Brittain's, Tronstad's & Travis' camp have been, we are not signing new deals. So we're now looking to move all of them on and replace with cheaper, younger alternatives.

They must think we're as thick as mince. They just want the cheapest possible options they think they can get away with in the squad - in this case unproven youngsters. If (hypothetically) established 27-28 year olds were cheaper than youngsters in terms of wages, then the narrative would be all about needing Championship experience. And we'd be looking to fill the squad with those sorts of players. This is what worries me about VI. I dont think he is thick as mince and I dont see how he can possibly believe this will work.

I’ve just picked a random set of accounts (1994) to see if our memories on this are accurate. In that year the amount owed to Jack was reduced (through capitalisation) by £7.5 million.

I know its only Tuesday but you can tell this week is a stinker when the only news is Brittain supposedly having talks with Boro and Elliott's coverage in the LT is an interview with Bradley Dack 😂. No disrespect to Dacky, love the guy...but it's not the news I want to see right now 😅.

I don't think any new CEO will be on 500k a year looking at the job description.

The owner’s words (within Venky London’s accounts) suggest they hope one day to get it back. The owner’s actions (ever since they darkened our door) will almost certainly ensure they won’t.

I suspect that Baradji was to be signed as a Travis replacement, much like Alebiosu has been signed to replace Brittain. Traveres is Tronstad's replacement.

Saving £500k a year set against an uncomfortable couple of hours every three months difficult decision.

Was just about to post the same thing. Interesting quotes from the article: So, we have already changed this summers plan and are now, apparently, in a transition period. We want to reduce the average age of the squad. Batth and Weimann were probably never really staying, especially as we re-signed Forshaw, if we are looking at younger players. Tronstad turns 30 next month, so I suspect there is little appetite from the club to sign him back up. As Brittain is on his way out (27) and replaced with a 23 year old, I suspect that the club are in no rush to sign Travis (27, 28 later this year) up either.

They certainly don't seem to want the money back as things stand. However, if they got into financial trouble, or sold the club, I certainly don't believe they would treat it as though it doesn't exist. Otherwise, they'd have written it off, as Jack used to do (pretty sure Wilsden is indeed remembering that correctly). They absolutely won't get it all back (not unless by some miracle they turned us back into a steady Prem club maybe), but I bet they'd try to extract as much of it as possible. Maybe even leave some on the club's back if sold on, with loan repayments arranged.

OK, fair enough in that respect - I know you have a better knowledge of all this than I do, but declaring shareholder loans rather than equity investment is really just for the tax advantages I would guess?. In reality I don't think the owners are expecting this money back or treating it as a debt. It's just money that was needed for running costs.. The club has no loan repayment plans as far as I know.