Irregardless of Acun, it really ****s me off that we’ve had two opportunities in recent times (parachute payments/Allam frugality creating financial headroom) to seriously level the club up and steady ourselves at the top end of the champ to only completely **** it up twice
How does the Club need to suffer if he fails? If you take him as a man of his word then you'd believe that the debt would be written off if he left?
This thread isn't the problem though is it ? It's the way Acun has been running the club to the extent we're in the **** with the EFL that's the problem What we say on here makes no difference
The Club should be on a far better footing than it currently is,it's p!ss poor management. He's up to his eyeballs in debt and we scrambled Championship survival on the last day of the season.We now go into another season not knowing who's staying,who's going and we don't even know whether or not we're even permitted to buy players.... Absolute sh!t show!!!
Just shows how much money we’ve spunked away, Acub had a head start of nearly 25/30 million in player sales for PSR and leveling the books.
Some people are apparently bed-wetters who cry hysterically at each tweet or speculative opinion post. Other people are apparently bootlickers who believe Acun can do no wrong. With no news coming from the club, all these people can do is yell abuse at each other about how deluded the other side are. Internet 101. Until the details come out properly, here's my take: For me, Acun needs to be held responsible for a few things. A couple of dodgy managerial appointments, a couple of dodgy managerial dismissals and having his head turned by Fener so he wasn't paying enough attention to us. We've been losing money as he funds us to try and make a PL push, but he's happy to do so. Last season it didn't work, but we're not entitled to get what we want because we're spending money. We were unlucky with injuries, and the lack of a striker hurt us, but it wasn't for the lack of trying - we were rejected by a few last summer. Some of the players we did buy were great. Some were not. That happens to all clubs. The later than usual wages in May were a concern and could point to money issues, but similarly it could be a legit timing issue. This Barry payment debacle may or may not be solely down a misunderstanding of a credit note arrangement, and the club are "confidently" appealing. The bedwetters will say that the club would say everything is fine as they're covering. The bootlickers will accept what the club say. Anything else we've heard such as non-payment for lamps, removal services or an installment for Joseph are nothing other than speculation at this point.
Not only that but he’d sold KLP which was pure profit. He’s had one big sale since his time being here and that was Jaden. He’s been allowed to spend millions primarily because of PSR bandwidth afforded to him by academy sales. Not only have we potentially spunked that up the wall but we’ve not had any decent progress on said academy since he came in. At least the Allams saw sense in investing into the academy after the Dan James debacle
Providing what he said is genuine. There has to be a limit surely. His net worth isn’t great enough to just swallow a 9 figure debt
Sensible post, my only slight disagreement would be that whilst the rest is speculation, there is obviously other issues that have prompted the EFL to act, you don’t get a 3 window ban for one missed payment. What those issues are is anyone’s guess but there’s more to it than is currently public.
From the EFL website: What is a Fee Restriction? A Fee Restriction is applied to a Club should they default on payments for a period of 30 days or more the 12-month period starting on 1 July each year and ending on 30 June the following year (Regulation 52.6). This includes payments due to any other Club in respect of transfer fees, compensation fees and loan fees, as examples. This can refer to one default of 30 days, or a number of individual defaults which when taken together amount to 30 days. The total number of days in default is reset on 1 July each year. A Fee Restriction is often referred to as the 30-day rule. If a Club is found to be in breach, then the Club will be unable to pay or commit to pay any transfer fee, compensation fee, loan fee, or any other form of payment when registering any player from the date of the breach until it expires at the conclusion of three full transfer windows. This means that if a Club breaches the 30-day rule during a transfer window, their Fee Restriction will cover the remainder of that transfer window plus the three full transfer windows that follow.