Herbie6590

https://www.brfcs.com/magazine/articles/rovers-rumours-venky's-and-szmodics/515

Sheff Weds at home surely ? 🤔

This as well…though we were alright today…😆

I can only hear Metallica when I see this…

Don’t forget to vote for your BRFCS POTM supported by @RoversTrust in the Match Centre now… https://www.brfcs.com/magazine/football/match/1047880/middlesbrough-blackburn?tab=voting

…and yet in February this board voted him player of the month…

https://www.brfcs.com/magazine/articles/they-played-for-both-rovers-and-boro/57

That and breaking FEMA regulations

Not sure about that…🤔

We’ve already sold the training ground…and re-mortgaged it BTW

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…😳