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OldEwoodBlue

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Posts posted by OldEwoodBlue

  1. Not sure there is any link between selling Wharton and the court case being delayed.

    We need cash for wages. Hard cash, now.

    Can't see that coming from a deal to sell Wharton. Probably installments, etc.

    More likely the club will take out an emergency bridging loan. That is what they did last time when it was put back to October. Little choice really apart from deferring wages.

     

    Selling Wharton or whoever else is a necessity to comply with FFP. We need to get circa £11million of sales into this year's accounts - so before June 30th.

    • Like 2
  2. 15 hours ago, Displaced Rover said:

    Fundamentally, if 75% of the money was to be reinvested in the playing staff, selling him is the right call (for the right fee) under the "trading model". We'd be much better served signing proper strikers/goalkeepers.

    However, we know the whole amount will be pocketed to cover losses and just signal the further dismantling of our club as we continue the slow, painful slide to League 1.

    The purpose for the model is not to reinvest most of it in the team and improve.

    The purpose is to increase the club income making us less reliant on the owners putting money in. A move towards net zero, breaking even.

    So if we sell a player for 20 million. 1 million goes to buying kids for the academy. Everyone moves up a rung. 19 million goes to the running of the club.

    • Like 1
  3. 1 hour ago, oldjamfan1 said:

    Care to explain what you mean by this? The MoU is exactly what we will be bashing him around the head with. The club has clearly breached the agreement by not disclosing the financial situation.

    Seems there are a handful of posters on here determined to constantly stick the boot in on the Trust for some reason. A couple of points:

    1. The Trust is the wrong target and isn’t the enemy here, we all have the best interests of the club at heart.

    2. The Trust is manned by volunteers, and certainly in my case I am massively out of pocket in the process.

    I’ve always said it is very easy to snipe from the sidelines - anybody who thinks they can do better please put yourself forward and let’s share the burden.

     

    What I mean is that the trust board now need to temper their citicism of the club and in particular Waggott. Otherwise, naturally, he will just stop engagement.

    If we take the fans takeover as an example. On the face of it, it seems great. But the upshot is this is the trust board doing the clubs job for them... for free. And if the trust want to do more of these, they can't fall out with Waggott. They have to remain amicable business friends. Waggott knows this. It neutralises the trust as a critical voice, much the same as the LT submissively toe the party line so as not to lose access.

    I did almost join the trust over Xmas until I thought about this. I like the energy of the new board. But I am firmly Venkys Out which is not the trust's public position. Otherwise they wouldn't be working closely with the club.

    Don't take it as criticism. You guys are doing a good job, none more than yourself.

    It is just my personal opinion that the MOU is hinderance to getting rid of the owners.

  4. 2 hours ago, Mattyblue said:

    He’s a keeper coach, but he’s small, seems to be how it started.

    He has never played the game or in particular played in goal. He read a book and passed a test.

    So it depends on what qualifications we think are needed to be a good coach (not just to be A coach).

     

  5. 20 minutes ago, JHRover said:

    The bigger question is who has decided that they are irreplaceable and why.

    We just see them as coaching staff / extension of manager. Managers and players have fixed period contracts.

    These are full time employees (like the tea lady) and we cannot afford the £ to make them redundant.

  6. 11 minutes ago, wilsdenrover said:

    Would clubs offer that much knowing how desperately we’d need the money?

    Even with my bluest and whitest of blue and white glasses, I don't see Wharton is a £20m player right now. In the future maybe, add ons etc. But we can't spend those today or count them in FFP and in football sometimes they never come.

    • Like 1
  7. One thing I don't think anyone really understands (I don't).

    If we sell Gally for £1m next week (for example). How is it in any way possible that £1m in the bank would not be seen as available for essential running costs (not for none essential player purchases). Unless there is a one out, one in (as long as not costing more) agreement in place.

    I guess the paperwork is in for this round but could be a factor in the next one.

  8. 1 hour ago, JHRover said:

    Szmodics' value is at its peak. It isn't getting any higher and certainly won't if our results and slide continue.

    There's something wrong if other clubs aren't interested in him. Championship top scorer and in his last outing scored a first half hattrick to singlehandedly turn the game around.

    Other clubs will try their luck even if they aren't confident of getting him. It's clear to anyone that we are in the mire, not helped by the CEO and others publicly admitting we are skint. Clubs will chuck cash forward just to test our resolve.

    When you are loaning your captain and experienced players out to rivals flashing lights will go off around the Championship- basically what the f*** is going on at Blackburn and shall we try our luck?

    I'm past caring now. Disaster is when, not if. As far as I am concerned cash sales now merely help Venkys keep the show on the road for longer. The less they get back the better.

    100% accurate. Couldn't be summarised any better.

    • Like 2
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