RevidgeBlue

Yes, with the benefit of hindsight that would probably have made a big difference.

Getting very bolshy after being right on the tax front aren't we? For balance he also signed (amongst others) three strikers who didn't score a single goal between them and Wahlstedt. I was talking about the deals towards the back end of different transfer windows which failed. Why did the first four deals (which cost decent money) go through whilst the others didn't?

Think Broughton was just full of BS personally He was DOF so it was ultimately his job to identify the deals, GET THEM CLEARED BY OWNERS/MANAGEMENT, and get them over the line. He failed every single time - we don't know exactly why deals kept failing but we've never had the situation either before or since where deals got right to the wire on transfer deadline night before failing due to alleged administrative errors. Not saying he was solely to blame but I wouldnt say he was any less to blame than anyone else. All complicit just like Ismael is with our current slump in fortunes.

We never actually landed any of these supposed "Loan with an option to buy" targets though - O Brien, Undav, Mcguire so we might as well have said we nearly landed Lionel Messi. All turned out to be smoke and mirrors in the end for whatever reason.

Cadamarteri would be absolutely desperation stuff. He'd be ok as a cheap "one for the future" in addition to someone with some sort of goal scoring track record, but if we are pinning our hopes on him to score the goals to keep us up that will probably seal our relegation. We're probably only in for him because we think he'll be exceptionally cheap. And even then we dont appear to be offering what Wednesday want. Embarrassing stuff. And clearly not worried about going down if this is the best we can do.

As I understand It, it never went anywhere because originally it didnt need to be spent. The rules changed and all of a sudden that level of investment was required. Irrelevant as far as FFP calculations for the men's team go though. Similar to what Gestede said about the transfer budget, they must have a fixed amount they're prepared to spend on the Club per year and that's it.

Do they have any particularly large individual shareholders who could exert any influence over them then? Doesn't have to be a Bank, could be anyone. Or is it all tiny shareholdings?

I wouldnt waste your time, he won't be coming here.

That 600 or 700k isn't subject to FFP though is it? They could make the women's team very successful if they wanted to. Just like they could titivate the ground and infrastructure free of budgetary constraints but choose not to. They just dont want to put in anything like the same amount of money they used to which indicates to me things are slowly coming to a conclusion.

Who are the shareholders then? Thanks in advance.

Just thinking aloud here, but who are the major shareholders in the VH Corporation - are they Financial Institutions/Banks etc? Could publicity be legitimately be put out to the effect that Venky's are spaffing the family silver away on a middling English Football Club 4600 miles away to try and persuade them in turn to put pressure on the Rao's to sell?

That's what I want to know as well. For me there should have been plans for different types of protest for each of the next 2 home games lined up weeks ago. Can't just have one stab at a boycott and leave it for a month or two. It has to be constant.

Ah, thanks. That actually rings a bell with a post Herbie made a while ago. So to summarise, there's no benefit whatsoever to them holding on but they're trying to delay the fateful day for as long as possible whereby they have to admit (for accounting purposes) they've dumped nearly a quarter of a billion pounds on Balackburn Rovers as it would affect the value of the group as a whole? The problem with that is whilst they might try and conceal it or pretend it isnt happening, surely in reality the debt is only increasing and if they're trying to conceal it or put it off, surely finances do matter a great deal and the debt isn't irrelevant to them at all?

If that's correct and If they're not getting any form of tax relief whatsoever elsewhere from their ownership of the Club, that makes their continued presence even more inexplicable doesn't it?

At the time Waggott was trying to flog it off we received a grant of about £1.2m p.a. against overall running costs of £3m p.a. to the best of my recollection. So at that point it cost us about £1.8m p.a. net. Absolute peanuts in the general scheme of things. Not sure what the position is now but id imagine fairly similar or a bit more expensive.

Although......do they pay tax over here if they only make massive losses?

Don't let facts get in the way of Masher's contrarian agenda will you?

*Evans*

I'd have no view on it at all because whatever the tax laws of the Country might be at any particular point is completely out of my control.

Surely to God they won't register Hedges either?

I know others disagree, but I dont think he's worth THAT much. Personally I wouldn't go beyond £2m for him and that's an absolute stretch. I think the Club would be keener to offload Pears if only because he's probably on the higher wage of the two.

I find it hard to believe that a Company can not off set losses from an overseas division against profits at home as long as it's all part of the same group of Companies but I'll bow to the knowledge of someone who knows more about it like Herbie or Wilesden.

Im quite surprised an Alebiosu, Cantwell or Tronstad hasn't left yet. Let alone someone who isn't being used like Pickering/Ribeiro/Pears Nothing whatsoever surprises me anymore with this lot. I wouldn't be altogether surprised if they panicked and spent more than expected before the end of the window or we saw another last minute Hyam style departure without a suitable replacement despite our predicament.

Whilst I don't think it would take a huge amount for one or more of the Clubs to claw their way out of trouble, one win in the last 14, two home wins in 14 all season, we're going to have to improve dramatically to have a chance of staying up - and I just don't see it under this manager. So near and yet so far..........

Your point being? Also can't losses sustained by Rovers be offset against profits made elsewhere within the Venky's organisation?