A warehouse as huge as some have egos on here would see you right. The views expressed in my posts are not necessarily mine.
Just out of interest, has anyone heard how Acun's other club NK Maribor are doing? They are hosting the Hull City u21s at the moment for a training camp.
They haven’t, they’ll get a points deduction ahead of next season, along with a fine, they face charges from both the Premier League and the Football League.
The opposite is true, the club’s costing him £500k a week, he was living the life of Riley before he bought the club, now he is the club’s credit card.
And who’s ****ed the club that much that he is? So by this time next year we are really really in the ****
Why are we in so much debt, unable to pay the bills and have a transfer embargo around our necks? bad luck or bad management? Also he stands to get a big slice of it back when he persuades someone else to pick up the tab for what he has spent.
There's an article further up on the thread that casts doubt on that. Acun himself said he's invested 80m At best the club is worth 50m, with at least 22m in future commitments, taking the overall value down to at best 28m. Then there's 3m apparently owed to Ehab. Dunno about you, but 55m loss on 80m is almost certainly the reason he hasn't been able to 'find imvestment' as he puts it.
It's going to be an 'interesting' SKY documentary... And we can probably merge this thread with the transfer and embargo ones...
You are right about the Championship I was thinking about the Premier League "Last year, the club was referred to an independent commission over an alleged PSR breach related to its 2022/23 finances. Leicester successfully challenged the proceedings on jurisdictional grounds. The club argued that by the time its accounting period ended on June 30, 2023, it was no longer a Premier League member, having been relegated the previous month. An independent Appeal Board agreed, concluding the Premier League had no jurisdiction to pursue the case. At the heart of the dispute was whether the League could sanction a club for financial losses incurred during an accounting period when it was no longer a member. The Appeal Board decided it could not, suggesting that any breach could have stemmed from post-relegation activity. The Premier League challenged the Appeal Board’s ruling via arbitration but failed to overturn it, despite the tribunal disagreeing with the decision. “It [the Appeal Board] dismissed the Premier League’s challenge, finding (consistent with the arguments made by the Club all along) that the Appeal Board decision ‘could not sensibly be seen as resulting from a perverse interpretation of the law’,” stated Leicester City."
I've just finished reading Warnocks autobiography, a great read and reveals a fair bit about what does go on, mentioning about stuff like this with an owner of a club he was at, saying its a recipe for disaster.