wilsdenrover

Residents of India pay tax on overseas income which seems to be why the law allows them to offset overseas losses too. There is a double taxation treaty between the UK and India which means they can deduct UK tax paid from the Indian tax they owe. I can’t see anything in this treaty which alters the Indian law in regard to offsetting losses.

I’ve taken a look at the relevant Indian tax law (I must get a better hobby 😄😄) and it would appear foreign losses can be offset against domestic profits.

Probably still waiting for Pasha to sign off the tribunal admin fee (£300).

26 isn’t it?

WBA could be this year’s ‘too good to go down’. One thing’s for sure, that label doesn’t fit us.

Even if money laundering had taken place I’m not sure selling the club would make this more likely to come to light.

I don’t understand how people can look at WBAs form and not include them in the equation.

WBAs form is as bad as ours, I wouldn’t be ruling them out yet. I doubt Leicester will end up in trouble but you never know where a bad managerial appointment might lead.

Some very rich people don’t like wasting any part of their wealth. The Raos might be wired differently but it’s not because of how much money they have.

I was thinking pen and paper, proper old school 😄

Has anyone tried writing an old fashioned letter directly to the owners?

Which would need to be worth at least the 100 million or the bank wouldn’t have let them use it as security.

Arsenal must have agreed (as per EFLs youth development rules).

There’s either a reason it suits them or they are very very stupid. I guess it could be both.

Possibly, I’ve no idea what sort of % a player would agree to having in his contract though.

Our annual wage bill at March 2025 was around £5 million more than it was in March 2017 so a reduction of £10 million would be needed to get to our last L1 wage levels. This is clearly possible, maybe even likely, given the apparent aims of Pasha etc - but last time this still lead to the £16 million pound losses I mentioned earlier. As you say, ‘savings’ would have to be made elsewhere, none of which would be anything other than detrimental to the club (and the team). Player sales may negate the need for some of these cuts but, other than Toth and Ryan, who could we realistic expect to get decent money for? However many cuts they make, they’ll still be losing money - the only way for them to stop this is to sell the club. One day I hope they’ll realise, and I hope it’s one day very very soon. Edited to add: Last time we went down match day income ‘only’ dropped by £500,000 - I suspect the drop would be far greater this time…

Surely a potential buyer with any sense would approach the owners directly.

Last time we dropped to League one our operating loss for that year was £16.7 million. This was with our wage bill falling by £5.2 million (to £16.8 million). Turnover fell by £5.9 million. Maybe they’d cut harder and faster this time but I think significantly losses would still occur.

Yep, he’s managed slumps of: 0 wins in 7 2 wins in 10 1 win in 13 (current)

24 of those points were in two ‘runs’. 4 wins in a row last season 4 wins in 5 matches this season. Can that happen again? (he asks forlornly)

44 points from 40 games.

Returning to our points per game of the first 14 matches gets us to 51 points Maintaining our points per game from the last 14 matches gets us to 44 points.

I doubt he has the balls for a relegation battle.

The 25% rule covers all non footballing creditors not just owners but I agree it rewards them. I believe there’s a 15 point deduction for failing to comply with this rule - I think we’d all take that in exchange for Venkys not getting a penny…

I think it would be nearer £33 million as it will exclude money that’s been converted into shares.