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Mercer

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Everything posted by Mercer

  1. What a feckin desperate mess I think we are in. Bottom line. We are here in this position because IMO, we have a very poor CEO and football manager who both must take full responsibility, particularly for the £millions, IMO, squandered on transfer fees and wages and senseless contracts. As I posted earlier today, I think the picture is far darker than the one Kamy painted.
  2. I think it's clear you have little experience in company reconstructions and negotiations. There are ways and means............................................!!!
  3. Think because he hasn't got one! Posted before, IMO, the bottom line is we need between £15 and £20million from net transfer fees and wage savings. Seen or heard nothing to suggest otherwise.
  4. No surprise to me. I've been posting my thoughts, in line with what you say and even more, for a number of weeks now. Sadly, IMO, the picture is very much darker than the one you paint.
  5. I think you are right. IMO, Ewood Park is a pressure free zone with too many far too comfortable and drawing big bucks, led by Mowbray and Waggott. I think rockets up arses badly needed. Sadly, IMO, our football club is dying on its feet.
  6. Think we are brassic and the funding seems to be drying up. From 25 Jul 2018 to 5 Aug 2019 there were 4 allotment of shares by VLL totalling £22.5 million. Since, there have been 2 allotment of shares by VLL totalling £9.3 million. I think we need to adopt the emergency landing position.
  7. We are p1ssing about too much with Downing. Conversation should have been 'there's our offer, give us your decision in no more than a week'. He either wants to play for us or he doesn't. Feck him off and move on.
  8. He wont be coming here then !!!!!!!!!!!!!!!!!!!
  9. Minus £19million instead of minus £20million !!!???
  10. Firstly, no surprise 10Bet exercised their break clause. I guess their perception might have been that Rovers were a dull, unimaginative club and drifting along rather aimlessly. The guys behind Euro Garages could buy the club if they really wanted rather than do a shirt sponsorship. I don't see much at all in a shirt sponsorship deal for them as can't see it driving incremental business on their forecourts. Think Rovers might be really struggling here. Economically, not the best time to try and obtain new sponsorship and notwithstanding the economy, what the hell can Rovers offer a new sponsor? If we had a vibrant young manager in charge and it could be seen the club was going places............................!!!!!!!!!!!!!!!!!!!!
  11. Their Rovers' 'project' is now most likely pushing £200million factoring in acquisition costs and loans. There will come a 'tipping point' - it's almost inevitable as I very much doubt they will continue to throw in some £20million every year (throwing good money after bad). In the past, we've seen the likes of Hayward, Davies and Whelan all call time on their clubs - it happens. IMO, and I've said this for a number of weeks now, the noose is tightening.
  12. You are not quite right. VLL's share issues are to create funds that are loaned to The Blackburn Rovers Football and Athletic Limited. Accounts year ended 30 June 2019 (for football club) showed 'Amounts owing to parent undertaking' of £126.8 million (see Creditors - amounts falling due within one year). In the twelve months following 30 June 2019, VLL issued a further £19million in shares. The amount owed by the football club to the holding company at 30 June 2020 is now likely to be approx. £150million and these monies are repayable, technically within 12 months (hence part of net current liabilities) although notes to the accounts show there is no fixed date for repayment. VLL can pull the plug anytime it wishes.
  13. If this has legs, think you'll find there's a deal with Evans going the other way involved.
  14. I would be surprised if Waggott and Mowbray hadn't known what their budget was for some time despite their mutterings. 'Difficult news' is rather more difficult to sell. I posted some weeks ago that, IMO, we would be looking for net transfer receipts and wage savings of getting on for £20million. I have seen nor heard anything to change my mind.
  15. That is almost half a side a way - scary and, IMO, how little we've progressed in three and a half years under Mowbray. Slow build, evolution, possession football - IMO, it's all cr@p and excuses and it keeps Mowbray in his well paid job!
  16. We could if we hadn't spunked £20million+ (inc wages) up the wall on Brereton and Gallagher or acted as a philanthropic organisation for the likes of Smallwood, Gladwin and Hart! IMO, absolutely appalling management.
  17. Really? If you know what you are about then you have a plan and execute it. Seems to me, we are still groping in the dark! Think clueless would be a soft adjective.
  18. Way, way out of our league. IMO, if Iversen, Muric and Pears are our goalkeeping options then God help us. Doubt Warnock would touch these with a sh1tty stick. Marshall at Wigan still seems to be the best option to me followed by the French lad we are said to have watched. Let's be honest, the value lies in Europe, however, the evidence seems our new scouting set-up in Europe has turned up nothing. You act decisively and make your moves whilst the rest still think about it. IMO, shambolic planning for recruitment.
  19. Don't know too much about Holden's coaching / managerial abilities at Bristol but they seem to have appointed a couple of decent guys to support him (would take them any day over Venus and Lowe) but do know, from relatives down there, that Tindall is very highly rated at Bournemouth and seems, undeservedly, too have lived in Howe's shadow for too long. Serious question. Would any other Championship club take Mowbray? IMO, there would be no takers - says it all.
  20. I'll bet a pound to every penny you want to wager that Warnock ends up with a keeper that 95% of this MB would approve of versus whoever Mowbray brings in.
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