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?

Yep - players and HMRC are still being paid so there's nothing to see here as far as the EFL are concerned.

Whatever we each think of him ability wise, he'll get a gig at a decent Championship side paying him five-fold what he'd get working for our idiots, and will be financially set up. So good luck to him. The problem with losing Dolan - or indeed any other of our better players for that matter - is that whoever he is replaced with will undoubtably be worse.

I expect V's finance people will say ok we'll send half the 4.9 because we still have to bond some of it so you will have to find the rest. I predicted a Tom Cairney style cut price emergency sale this summer and i still reckon it'll happen, anyone who can stump up an instant up front 1.5/2m can take their pick. Highest earners only though.

As I understand it we're at the inconvenience stage, and have been for 2 years - it's become an impediment for the Venkys because of the money that would sit in a Government account awaiting the resolution of this trial. They clearly know they have a very, very good chance of losing this case and that money, which is why they're so reluctant to pay it. Which again begs the question, why not just sell Rovers if you're so reluctant to fund them? It's one less overseas liability you have to worry about - and one that absolutely detests you to boot.

They always avert disaster it's the one thing they seem good at so i expect that bloke from Bolton will be getting another call for one of his high interest short term special offer jobbies.

Plus we should still have a good chunk of the transfer fees referred to in the post balance sheet events to receive too. I wonder how close we are to borrowing against these future guaranteed incomings?

Well yes but if he was being offered a significant rise then he wouldn't have done that unless he has a cast iron big offer from somewhere else. 3.5k to 7k for arguments sake is a hell of a lot of money over 2 years for anyone let alone a young player who'll be nowhere near millionaire status yet. So in my mind he just wouldn't turn that down he'd sign but have it negotiated in a buy out clause or something or other. So i think he was either lowballed or offered the same but with a rolling extra year option or - a long shot - he was on enough to not bother when he was only offered a modest rise. As you say 'who knows' but the pointers aren't particularly good on the clubs side knowing what we know and i don't think for one min they took a kid from £325 pwk onto a ten grand a week contract knowing the way they do things here. And i'm not saying that's wrong i believe kids should have to prove consistency and improvement to jump up the pay grade but once they've shown it and future potential sales income they should be tied down accordingly. I mean they threw a 5 year contract at Buckley after a few decent games and the difference between him and Dolan has always been night and day.

From their point of view in terms of clinging onto the club the best thing they ever did was ditch Barclays and move the banking to India. From our point of view that probably wasn't a good thing.

Few social media vids, a’ wear your old shirts for our 150th game with pride’, some fruit of the loom-esque tat in the shop… and that’ll be about it.

Broughton tried to get him to re-up from that improved offer (whatever it was), but he turned us down. By the sounds of it he hasn't really been interested in renegotiating since then. Who knows how much money he's left on the table in the short term by taking this approach - certainly several thousand pounds a week for two years.

No one, because anyone with any reasonable value only has 12 months left on their deal. Hyam, Brittain, Trav and Tronstad collectively might bring in the required though.

Another summer of cutbacks No investment into the squad More sales of key players I cannot put into words how much I detest these owners.

So how do you make the inference he's annoying without watching him? I never said you're not entitled to an opinion. I simply exercised my own.

So......who have we got worth £4.85m?

And from the horse’s mouth: https://enforcementdirectorate.gov.in/sites/default/files/latestnews/PR MBZO2- FEMA Seizure-4.09.2023.pdf https://enforcementdirectorate.gov.in/sites/default/files/latestnews/Press Release -VHPL-09.10.2023.pdf

Might be the case that being merely being under investigation is ok, but if they're actually found guilty of anything implying any form of dishonesty the EFL might take another look. Innocent until proven guilty and all that. Rightly so.

Innocently mis representing the purposes of the Company seems somewhat too trivial to warrant a major investigation imo. It's clear the current Indian regime don't like money leaving the Country full stop. So maybe they're trying to make out that the omission was deliberate to allow funds to be funneled out overseas? Doesn't the investigation on the information so far to hand centre around the allegedly improper purchase of Neville's old house and shares in Akon's Company using VOL money? I'd have thought it would be pretty easy to argue they needed a suitable Base in this Country re: the house. Not so much the shares.

Whether something is illegal is determined by the courts, not the press - but even if things do go against the Raos here I can't see it being anywhere near enough to enable the EFL to act. There is at least one Premier League club with owners who practise torture in their own country.

I think to the owners it's a matter of principle - they are ,to put it mildly, extremely unwilling to provide funding if they have to put up the guarantee as well.