For any business that sees its income fall off a cliff, the immediate triage is cost-cutting &/or a fire sale of near-liquid assets to generate liquidity. So expect all saleable players to go in the summer & a series of lay-offs of administration staff & all discretionary spending to be put on hold. If the club’s directors can’t commit to a going concern statement in the accounts to the satisfaction of the auditors then logically administration must surely come into play…

@Miller11 if it’s a big family….perhaps they could each send US$250k & we might last till Christmas…😳

Are there any personal foreign exchange restrictions in India? Wouldn’t such an action be seen by the Indian courts as being inflammatory & potential prejudicial? 🤔

https://ciso.economictimes.indiatimes.com/news/grc/understanding-the-implications-of-rbis-overseas-investmentrules-on-indian-investors/103566022

No, there has to be a going concern statement in there

Crossbaron Ltd

The club isn’t under investigation…so yes.

It was allowed for FFP at the time - there was a looming rule change so they did it before the loophole was closed.

So the next question is “do they intend to send the cash notwithstanding the bond/escrow requirement”? Being able to do so is one thing…being willing to is another…

To help Arsenal’s FFP calculations

£10m cost…or one sale of Sammie Szmodics 🤨

We all made this happen BTW…so let’s cut the guy some slack after one poor game…

I for one will not be surprised so I guess it’s working…😳

We’ve gotta hold on, ready or not You live for the fight when that's all that you've got

https://www.brfcs.com/magazine/football/match/1047863/blackburn-plymouth?tab=voting

Best thing so far? This…

https://www.brfcs.com/magazine/articles/they-played-for-both-rovers-and-the-pilgrims/449

Some of my patented nonsense on Radio Lancs earlier if you fancy a listen…from 32:40 in… 😳 https://www.bbc.co.uk/sounds/play/p0hbh0my?partner=uk.co.bbc&origin=share-mobile

We now have a presence on the TalkSport website… https://talksport.com/football/1779596/talksport-fan-network/

https://www.brfcs.com/magazine/articles/all's-fair-in-love-and-draw/511

Seems so…taken from the portal just…

Thank you…much appreciated

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