Herbie6590

It was a simplistic analogy. You agree that writing off the debt is window dressing though yeah ? Redeeming share capital only comes from a sale of the club, loans however are potentially repayable from working capital. As we all know that’s theoretical; whether it’s shares or loans, the only way they get their cash back is Rovers somehow generating Champions League size revenue streams. Re the 2nd point - do you envisage Waggott is capable of suggesting some innovative way of optimising our parent’s global status ? He set up a European scouting network post-Brexit, this ain’t Einstein we’re dealing with.

1. Debt write off - it means nothing, even IF they did it, my take on them wouldn’t remotely be changed by it, it’s merely moving an IOU from one in tray to another, purely cosmetic - don’t focus on it, it’s irrelevant in the scheme of things 2. Loophole sponsor - City Football Group is a sophisticated multi national organisation, employing multiple experts in their fields, financial, legal and football - capable of moving assets and income streams around the globe to optimise tax positions, profit declarations and circumvent the worst strictures of FFP…we have Steve Waggott…‘nuff said 🤦‍♂️

Not really, it’s purely window-dressing; they’ve already put the money in, that’s the evidence that pays the bills. If they started charging interest on it then I’d be concerned. Whether the cash has gone into the club as loans or share capital, realistically, they are never going to see it again unless we somehow qualify for the Champions League 5 years in a row…🤷‍♂️

Underrated 👌🏻

For absolute clarity, the vast majority of the club debt is owed interest-free to Venky group companies, so the act of writing it off would purely be window-dressing and would have no material impact on the P&L (& by extension FFP).

Brereton mania reaches David Squires in the Guardian #HotpotMessi

Excellent article in The Athletic this morning…some extracts here…

Brilliant…👌🏻

Our Chilean correspondent Nicolas Labra has interviewed Ben this week…he likes the flag..😁 http://www.hoyxhoy.cl/2021/07/30/full/cuerpo-principal/11/?utm_source=twitter&utm_medium=ttr&utm_campaign=Followers

Wisdom of the crowds type thing…what do we predict for the following…? 1. Will Steve Waggott still be at Rovers on 1/7/22 ? If no, date of departure. 2. Will Tony Mowbray still be manager on 1/2/22 ? If no, date of departure. 3. Rovers Player of the Season 21/22 ? 4. Where will Rovers finish the season ? 5. Who will be championship winners ? Reply to this with your predictions & we’ll assess the consensus…👍🏻

It will always be free whilst I have a say…but it can’t be free AND ad-free that’s the crux 👍🏻

It’s definitely on our backlog…technology has moved on so it would be great to have this in a “sexier” format…👍🏻

If I can be equally honest in return…how can we monetise your contributions so that we can renew the licence & pay the hosting company ?

don’t know where the £2.99 is coming from…

It’s £4.99 at Leeds…

I’m still waiting for @Madonto post about Assombalonga TBH

“Siri…show me an example of diplomatic language…” 😁

We’ll refund your subscription then…🤣

How the ads are presented is entirely down to Google, we have no control over that. And yes, that’s how we fund the site, so it’s a conundrum. Behind the scenes a *LOT* of work is going on (& it will become abundantly clear quite soon…😉) but right now that is on our list to consider options & alternatives…including but not only an ad-free option for a small monthly subscription.

It wasn’t, City wore Sky Blue. 👍🏻 Palace once wore an all red Rovers away kit at Ewood because of a kit cock up. A photo of that game became the cover of the programme as it showcased 2 Rovers kits…!

Leeds haven’t launched their away kit yet might be the actual reason…

If they resigned there won’t be any severance pay…