leftside
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« Reply #720 on: Wednesday, April 30, 2014, 11:45:01 » |
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I wonder if there is an 'exit strategy' should Demin lose interest?
We were lucky in that Black cleared much of the 'debt' when he couldn't take any more. Notts County were lucky that the new guy in charge cleared the debt created by the previous mob.
The 'Fit and Proper' (ahem) test should ensure that new owners remain responsible for whatever debt they create during their custodianship of a club, even when they hand over to a new regime. After all, the mortgage on my house stays with me, not with a future occupant.
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Summerof69
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« Reply #721 on: Wednesday, April 30, 2014, 12:13:23 » |
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Well bearing in mind that he 'loans' the club money, of which he is apparently charging the club 6% on, it'll be interesting what this years accounts look like, as it seems the FL lets clubs run up huge debts subject to clubs being backed by the likes of Black and Demin in Leagues 1 and 2, but for the Championship it reverts to the FFP model, where you can only make losses of a certain amount, and that is why QPR could be in trouble as they've posted massive losses of 60m.
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Honkytonk
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Whoo Whoo!
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« Reply #722 on: Wednesday, April 30, 2014, 13:55:45 » |
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Seriously, fuck Bournemouth.
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Talk Talk
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« Reply #723 on: Wednesday, April 30, 2014, 14:30:16 » |
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Seriously, fuck Bournemouth.
You really don't like Muff, do you?
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Honkytonk
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Whoo Whoo!
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« Reply #724 on: Wednesday, April 30, 2014, 14:38:18 » |
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You really don't like Muff, do you? How'd you guess?!
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ronnie21
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The Mighty Hankerton
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« Reply #726 on: Sunday, May 4, 2014, 20:55:03 » |
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Unlikely to succeed, they let West Ham off and they played an ineligible player for a long time!!
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ronnie21
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The Mighty Hankerton
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« Reply #727 on: Sunday, May 4, 2014, 20:55:56 » |
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There's a rule for the rich and the rest of us just have to get on with it!!
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Chubbs
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« Reply #728 on: Monday, May 5, 2014, 08:34:47 » |
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kerry red
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« Reply #729 on: Monday, May 5, 2014, 08:37:29 » |
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You couldn't pay me to go and watch that
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tans
You spin me right round baby right round
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« Reply #730 on: Monday, May 5, 2014, 08:38:01 » |
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Chubbs
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« Reply #731 on: Monday, May 5, 2014, 10:06:38 » |
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Bit of a shit way to go
this is no place for toilet humor tans
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Peter Venkman
Is totally unexceptional
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Perfection is not attainable
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« Reply #732 on: Monday, May 5, 2014, 10:12:32 » |
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this is no place for toilet humor tans
We will flush him out.
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Past glories motivate us when times are bleak.
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kerry red
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« Reply #733 on: Monday, May 5, 2014, 10:15:15 » |
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He's just yanking your chain
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Chubbs
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« Reply #734 on: Monday, May 5, 2014, 10:22:49 » |
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I guess that Brazil's hopes of hosting a major tournament ever again down the pan
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