chaddyrovers Posted March 3 Author Posted March 3 (edited) 3 hours ago, Mattyblue said: Mercer, March 2028: Think an insolvency scenario within the next 3 years is the most likely and almost inevitable outcome. He has been saying this shit for the last 10 years and I'm sure he will be in the future https://www.brfcs.com/search/?&q=insolvency &author=Mercer&search_and_or=or Edited March 3 by chaddyrovers Quote
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Mercer Posted March 4 Posted March 4 (edited) 2 hours ago, chaddyrovers said: He has been saying this shit for the last 10 years and I'm sure he will be in the future https://www.brfcs.com/search/?&q=insolvency &author=Mercer&search_and_or=or Sadly, Rovers are one of the most unusual business 'models' you are likely to encounter. If you had an ounce of nous, you would realise Venky's were highly unlikely to continue funding losses of circa £20million per annum (and evidence over the last two years or so suggests they have now made that decision) and therefore the only way for the club to stay afloat was/is through the sale of players and given the 'big money' stars have all been sold the cupboard is almost bare so would you care to explain how the Rovers avoid insolvency!?!? Edited March 4 by Mercer 3 Quote
roversfan99 Posted March 4 Posted March 4 A theory that might have more credibility had it not been an ongoing prediction by the same poster for years and years. Quote
chaddyrovers Posted March 4 Author Posted March 4 13 minutes ago, Mercer said: If you had an ounce of nous, you would realise Venky's were highly unlikely to continue funding losses of circa £20million per annum (and evidence over the last two years or so suggests they have now made that decision) and therefore the only way for the club to stay afloat was/is through the sale of players and given the 'big money' stars have all been sold the cupboard is almost bare so would you care to explain how the Rovers avoid insolvency!?!? You been going on insolvency for years now and it's never happens. As I said a few weeks ago before your return I said the club used the Wharton's money(plus others income) to keep the club going for the 2/3 years to around 2027 roughly. Plus reinvest only a 3 million pounds in the team plus wages. Rest going on covering the debt. Whilst the Venkys Indian court is ongoing. If we require the Venkys money we see if they are willing to sent it over. If we get to the PL that would solve the issue and possible sale of the club Quote
A Northern Horde... Posted March 4 Posted March 4 1 hour ago, Mercer said: Sadly, Rovers are one of the most unusual business 'models' you are likely to encounter. If you had an ounce of nous, you would realise Venky's were highly unlikely to continue funding losses of circa £20million per annum (and evidence over the last two years or so suggests they have now made that decision) and therefore the only way for the club to stay afloat was/is through the sale of players and given the 'big money' stars have all been sold the cupboard is almost bare so would you care to explain how the Rovers avoid insolvency!?!? How about they put the Club up for Sale and fook off for Good. We need Owners with ideas and an interest in the Club to take us forward, not this slow death by a thousand cuts bullshit. Now then..there's an idea! 5 Quote
lraC Posted March 4 Posted March 4 4 hours ago, chaddyrovers said: You been going on insolvency for years now and it's never happens. As I said a few weeks ago before your return I said the club used the Wharton's money(plus others income) to keep the club going for the 2/3 years to around 2027 roughly. Plus reinvest only a 3 million pounds in the team plus wages. Rest going on covering the debt. Whilst the Venkys Indian court is ongoing. If we require the Venkys money we see if they are willing to sent it over. If we get to the PL that would solve the issue and possible sale of the club The owners have not funded the club now, for 18 months. Several posters on here, have suggested that the Waggott line “There is no impediment to them funding the club” to mean that they will send funds as required, but I have my doubts. If the contracts of the players are not renewed, extended, this summer, I think we are in big trouble. We have seen this before, where players have been let go for free and we cannot keep doing that. We have had an element of luck, with the sales of Wharton, Szmodics and the sell on fee for Raya and we may well get some more from the sell on fee for Adam Wharton, but this will eventually end in disaster. The owners need to make a proper statement of intent, surely the fans deserve that, whether you do or do not believe what is being peddled by other people. They cannot keep on remaining silent, the fans deserve better. 3 Quote
Forever Blue Posted March 4 Posted March 4 8 hours ago, London blue said: Chaddy in backing club decision and deriding former manager shocker. Eustace is the devil incarnate. VI’s letter writing and Adam Murray’s loyalty now represent all that is pure in the world. 4 Quote
Forever Blue Posted March 4 Posted March 4 1 hour ago, lraC said: The owners have not funded the club now, for 18 months. Several posters on here, have suggested that the Waggott line “There is no impediment to them funding the club” to mean that they will send funds as required, but I have my doubts. Not quite. You and a few others argued for months that they couldn’t send any money and that the line about ‘no impediment funding’ was a lie. You were wrong. The reality is they can send funds, hence ‘no impediment’, but they’ve absolutely no interest in doing so whilst the club can survive on the proceeds of the Wharton money etc. 1 Quote
Moderation Lead K-Hod Posted March 4 Moderation Lead Posted March 4 6 hours ago, roversfan99 said: A theory that might have more credibility had it not been an ongoing prediction by the same poster for years and years. It's a bit like Jehovah's Witnesses and their Doomsday Theory. One day, they may be right, to be fair, but it's no way to live your life, is it? 1 Quote
lraC Posted March 4 Posted March 4 1 hour ago, Forever Blue said: Not quite. You and a few others argued for months that they couldn’t send any money and that the line about ‘no impediment funding’ was a lie. You were wrong. The reality is they can send funds, hence ‘no impediment’, but they’ve absolutely no interest in doing so whilst the club can survive on the proceeds of the Wharton money etc. Read my post again, as you seem to be arguing against yourself there. I have stated that they can’t send funds in the past, but have not said that in this post. Quote
Cuppliance Posted March 4 Posted March 4 Eustace knows the Rovers squad better than our current manager. I think he'll cook something up to tactically play to the weaknesses of the Rovers players and ultimately come away with the three points. Would love to be wrong, mind. Quote
RoversTilliDie Posted March 4 Posted March 4 8 hours ago, Mercer said: Sadly, Rovers are one of the most unusual business 'models' you are likely to encounter. If you had an ounce of nous, you would realise Venky's were highly unlikely to continue funding losses of circa £20million per annum (and evidence over the last two years or so suggests they have now made that decision) and therefore the only way for the club to stay afloat was/is through the sale of players and given the 'big money' stars have all been sold the cupboard is almost bare so would you care to explain how the Rovers avoid insolvency!?!? By rolling there sleeves up and finishing in the top 6. Quote
MarkBRFC Posted March 4 Posted March 4 4 hours ago, lraC said: The owners have not funded the club now, for 18 months. Several posters on here, have suggested that the Waggott line “There is no impediment to them funding the club” to mean that they will send funds as required, but I have my doubts. If the contracts of the players are not renewed, extended, this summer, I think we are in big trouble. We have seen this before, where players have been let go for free and we cannot keep doing that. We have had an element of luck, with the sales of Wharton, Szmodics and the sell on fee for Raya and we may well get some more from the sell on fee for Adam Wharton, but this will eventually end in disaster. The owners need to make a proper statement of intent, surely the fans deserve that, whether you do or do not believe what is being peddled by other people. They cannot keep on remaining silent, the fans deserve better. For what it's worth, I believe they will only ever send funds over as a last resort to stop anything like administration happening. Right now they don't need to do it, so don't. They will never go above and beyond to fund transfers or contract extensions again but to stop the club going into admin and losing power? They will always send the bare minimum to ensure that never happens IMO. And of course that means that sooner rather than later we'll fall through the leagues. 7 Quote
lraC Posted March 4 Posted March 4 7 minutes ago, MarkBRFC said: For what it's worth, I believe they will only ever send funds over as a last resort to stop anything like administration happening. Right now they don't need to do it, so don't. They will never go above and beyond to fund transfers or contract extensions again but to stop the club going into admin and losing power? They will always send the bare minimum to ensure that never happens IMO. And of course that means that sooner rather than later we'll fall through the leagues. I fully agree and as we have seen, since the ruling that they have to put up a bond if they want to send any funds, they have sent exactly zero. The line trotted out by Waggott that "There is no impediment to them funding" is a blatant lie, unless, I am miss understanding the word impediment. Quote
Crimpshrine Posted March 4 Posted March 4 3 hours ago, Forever Blue said: Not quite. You and a few others argued for months that they couldn’t send any money and that the line about ‘no impediment funding’ was a lie. You were wrong. It's not quite as black and white as you make out. As we have discussed before. Whether they could or couldn't provide funds previously, it now seems that they are choosing not to. However, even this theory is unproven until they finally do send some cash. Quote
lraC Posted March 4 Posted March 4 12 minutes ago, Crimpshrine said: It's not quite as black and white as you make out. As we have discussed before. Whether they could or couldn't provide funds previously, it now seems that they are choosing not to. However, even this theory is unproven until they finally do send some cash. The no impediment to funding has been blown out of the water anyway, with the statement in the accounts, which says in no uncertain terms, that there is a rather larger impediment. Impediment (Noun) Hindrance or obstruction in doing something. Extracted form the accounts This permission is subject to certain conditions, which have been met, already, or that will be met prior and subsequent to the remittance being made. Now, I don't know about other people, but that sounds very much like an impediment to me. 4 Quote
Blue Greyhound Posted March 4 Posted March 4 15 hours ago, rigger said: I wish I was going, more for the Rovers performance, than to slag off an ex-manager. Il do both in equal amounts. No brownie points for that, it's part of football, if someone does you over they will get some stick, simple, its not even an argument. Makes for a tasty game. Quote
davulsukur Posted March 4 Posted March 4 Probably been posted already but we all know the score here. 1-0 - Ryan Nyambe Eustace to do his point and laugh at the Rovers fans who brought toy snakes into the ground. Nyambe close to breaking a record for most appearances without a goal. Only had 1 shot since Xmas 2023. He's 100% scoring against us. 1 Quote
Crimpshrine Posted March 4 Posted March 4 46 minutes ago, lraC said: The no impediment to funding has been blown out of the water anyway, with the statement in the accounts, which says in no uncertain terms, that there is a rather larger impediment. Impediment (Noun) Hindrance or obstruction in doing something. Extracted form the accounts This permission is subject to certain conditions, which have been met, already, or that will be met prior and subsequent to the remittance being made. Now, I don't know about other people, but that sounds very much like an impediment to me. I agree entirely. There is a big impediment. Waggott's statement is nonsense. However, if they wanted to meet the requirements of the conditions, they could send funds. They choose not to. That is how I read it. 1 Quote
USABlue Posted March 4 Posted March 4 16 hours ago, simongarnerisgod said: derby and stoke away will shape our season,get nothing from these two games and it`s season over imo Sadly I think nothing is what we will get. Quote
... Posted March 4 Posted March 4 Oh god please any game this season we start the final push please be a win against Derby Quote
islander200 Posted March 4 Posted March 4 3 hours ago, Cuppliance said: Eustace knows the Rovers squad better than our current manager. I think he'll cook something up to tactically play to the weaknesses of the Rovers players and ultimately come away with the three points. Would love to be wrong, mind. He has to figure out how to get them to score a goal first they haven't scored a home goal since boxing day. We will win on Saturday Quote
rigger Posted March 4 Posted March 4 3 hours ago, Cuppliance said: Eustace knows the Rovers squad better than our current manager. I think he'll cook something up to tactically play to the weaknesses of the Rovers players and ultimately come away with the three points. Would love to be wrong, mind. Or, our players are better than Derbys, so we just go out and beat them. Quote
RoversTilliDie Posted March 4 Posted March 4 We haven't really seem Ismaels team yet, he arrived Thursday, a day before kick off. Let's see what happens a full week training with the squad. Quote
RoversTilliDie Posted March 4 Posted March 4 15 minutes ago, rigger said: Or, our players are better than Derbys, so we just go out and beat them. Please don't put the jinx on things, how many times have we heard it in the past, easy peasy win. Let's just give 100+%. Quote
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