Correction. In the Venkys back pockets!

It was higher up the list this time as it was deemed a new matter (albeit clearly linked to the ongoing one).

I think the charge is they bought Neville’s house with money they said was being sent over for use in their poultry business.

We got the case heard PDQ this time compared to all the others. Perhaps there's ways and means when you really need it.

But giving a govt who are actively trying to nail you for something they presumably haven't yet found is a massive risk for anyone. Again not defending them it's just the harsh reality every time they hand some over or provide guarantees they might be waving goodbye to it if they govt turns something else up or comes up with an excuse to pilfer it. It is to my mind an impossible situation that could go on and on, there is only ONE realistic outcome unless it all gets canned quickly and that is Rovers go bust. There is only two realistic ways to counter that under their watch pay up when needed or SELL !

The BOI dont seem to have any issue with them though as far as Im aware? I'm not fully up to speed on what they're meant to have done or not done but obviously, yes, IF that has occurred that potentially could be quite serious. The only things I was aware of were allegedly improperly using VOL funds (which obviously should only be used for BRFC purposes) to buy Neville's old house and the Akon shares

Maybe this guy wasn't given a proper chance to adjust to the championship .... Good bit of business for once, pity we don't have 40% sell on for Adam Wharton

Venkys wanted to send money in April. They have been impeded from doing so for the past 2 months. What do you not grasp. ? And yes, by and large they are choosing not to and let the club fund itself. However, as proven, when they need to, there are significant impediments.

Do I win a prize 😁😁

100% correct ,he saw the upcoming ****storm and left for a club that is functional,ismael will likely to the same when he finds out he`s been shafted over the budget,i give him till christmas before he`s had enough and leaves the building

Exactly!

Your memory is far better than mine!

Aye wasn't that Derek Shaw's thing last time to taps were off, running around offering a big discount on future add on's paid up front ?

Palace will probably come and try to shaft us again by offering £2m in lieu of any future Wharton add ons. Our lot will probably say yes.

That's exactly how I see it as well. They COULD send more money over under the existing conditions if they really wanted. They just don't want. To my mind, choosing not to is worse than being prevented from doing so. Irrespective of whether it's your fault in the first place.

No, it’s a choice.

Venkys are the impediment.

I’ve been saying this for a while. There’s no impediment if they can send money. Some have never quite grasped that part. The funny thing is by parroting the same nonsense the fans who haven’t quite grasped it are actually protecting Venkys. The reality is Venkys are choosing not to send money. Nobody is stopping them. There is no impediment. They are choosing to cover costs when they have to and nothing else. THAT IS A CHOICE!

They filed the appeal on the 22nd April (see below) so 4 weeks after our CFO let them know we needed money to cover April to June obligations. Shows how high up their list of priorities the Venkys see us.

They got rumbled for the House and Akon misuse of funds listed as football investment but how ? Surely they had to be being looked at for suspicion of something else for that to flag up after all these years. Something else kicked all this off and what we are seeing now is collateral damage and iv'e often wondered if there's ever been a request over there for the British equivalent to comb the books over here. I presume they'd have to present some strong evidence or suspicion though but seething as Starmer has allowed himself to be penetrated by the Indian govt you never know if doors could open.

https://www.lendingtree.com/home/mortgage/mortgage-fraud/

Eustace literally walked out of a club in the playoffs for a relegation threatened club in January. Why anyone thinks we'll spend any money in the summer is beyond me. The writing is absolutely on the wall.

Several impediments. 1. Having to apply to the court to send funds - or they can't. 2. Having to put 100% previously or 50% this time into a bank guarantee. 3. Getting into court in the first place. In this instance, they applied 26th March to be able to transfer urgent funds to cover April-June essential outgoings. 2 months to get into court. So in theory next month they need to request transferring funds to coverJuly-Sept outgoings. They won't do. Q3 is being funded by player sales and (probably) transfer installments, aided by more cost cutting (downgrading). 100%

It seems they misrepresented the activities of their business to the state bank of India. This can seem quite trivial, but, if you are obtaining funding that way, it is a very serious offence. Obtaining money by deception/ mortgage fraud.

Yes, but they listed Neville's house as a company property for farming et al, which it obviously wasn't, for a massive tax break. If you stumbled upon that sort of casual fraud wouldn't you thoroughly investigate the company too?