Acun looking for a buyer.

Seems Ehab is being decent... though likely taking interest payments on it.

 

The figures quoted are new. First time someone's put a figure on outstanding obligations and the fact we've tried to renegotiate agreements with multiple other clubs in relation to outstanding transfer debt.

It all helps to paint a picture and corroborate the fact that the club is struggling to meet it's current obligations whilst the owner is still trying to increase those obligations by signing more players.

I think you're trying to shoot the messenger because you don't like the picture being painted rather than accept the truth. As unpalatable as it is.

 

Which? The transfer fees were all known about from when we signed the players. The Ehab money must be in the accounts unless he suddenly became due some money in the last year.
What concerns me more is that if someone within the club has taken this to a journo to highlight then they are the last person you would want in the club. Still taking a wage whilst trying to stitch up the man paying them. You would think if they were that 'concerned' and love the club that much they would have walked away and refused to take any more of Acuns money. What happend to integrity?

 

Much depends on whether you believe the article or not?

It states that the monies owed to Allam stand as 'interest free loans'.

 

There was no identification of Ehab's money in the accounts.
The transfer fees payable rose from £9m in the accounts to £22m in the report mearly a year later

 

The 20 plus million of outstanding transfer debt and that we've been trying to restructure it is new.

But frankly, taking the odd thing in isolation and trying to pick it apart when the body of evidence is now overwhelming seems to me to be a fools errand.

As for a club source raising concerns, then they must feel they are acting in the clubs overriding interest as opposed to continuing on a damaging course. Whistleblowing is legitimate when the wider public interest is greater than the regimes. And this person is likely risking their income by doing so. It's never done lightly.

Remember they will have seen this coming for months, not weeks like the majority of the general fanbase.

 

It’s the poor **** in the finance department’s fault for being concerned and telling Phil Buckingham. Anyone’s fault but Acun’s.

 

Pretty much yeah. Good to know Jim's a committed yes man though.

 

What happened to integrity?

It's a meaningless word defined in a book as having honesty and moral principles...Should've been erased many years ago as it no longer exists in today's greed ridden society...

 

Maybe if the club source was taken seriously by the people managing the business they might have avoided the restrictions

 

Yeah, but it's anyone's fault but Acuns according to some who have been sucked in.

 

Is jim acuns official pr person?

 

What job do you do?

 

It really makes me question what happened with Tan also.

 

Tan left due to differences over the direction of the club. There was some tittle tattle on Turkish twitter about impropriety, but Acun shortly confirmed there was no ongoing litigation between the parties, which tells you what you need to know. Or at least it should.

 

How? Surely you can't just have a loan in a business and remove it from the accounts. That would mean it is a personal loan and nothing to do with the club. Or have they just suddenly stuck it in?

 

Correct mate. I couldn't bring myself to work for someone I knew was corrupt. I have walked twice from situations I felt uncomfortable putting my name to.

 

If two friends both cheated on their wives and then fell out the code is man A does not tell tales on Man B because he knows that Man B brings him down too. No ongoing litigation doesn't rule out foul play.

There is a one time consultant who worked with Acun and Tan who will tell anyone who asks exactly what went on.

 

Implication seems to be its from the sale.

Ultimately though, you can't say that debts to the club and to Acun are one and the same as he has, then say oh well the club doesn't owe it so it's not our problem.

End of the day it just further justifies concerns that the owner is in over his head and struggling to meet his obligations.

 

It doesn't rule out foul play, but it does suggest if there was they're both as crooked as the other.

But when the only suggestion of foul play is some random on Turkish twitter, then that hardly constitutes hard evidence either, and the absence of litigation supports the suggestion that it was complete bollocks.