FPP to take full control
- Thread starter Whiteleas Wanderer
- Start date
-
Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
-
That works for me.
Will check in here again in 2021 to see if the argument about how to sell a house has been resolved.
i'd recently put mine back on the market... it will probably take until 2021 to sell it given what's gannin on
I'll give you a 12 pack of quilted Andrex and 5 hand gel sanitisers. I'll even hoy in a dispenser, can't say fairer than that.
given the current climate, i think you're overpaying there.
Are you stewart Donald in disguise?
It could also lead to an acceleration of a deal. I was reading about the Premier League TV companies not paying out due to the Premier League games not going ahead. Withholding payments or litigation leading to payments being withheld could see many of the top tier clubs struggling or doing a Bury. Accelerating a takeover and investing to get to the gravy train of Premier League money (with the benefit of hindsight a good act of a God insurance policyholders in place) may now be an option?
Will be interesting to see how this all pans out. In theory, plenty of time now for work behind the scenes but these lock downs will prevent travel and interested parties coming to view the stadium etc.
My gut feeling is this season will be written off and we’ll go again from August.
My gut feeling is this season will be written off and we’ll go again from August.
It's not what people want to hear but it's the only option.
If there were 3 or 4 games left we could suspend the season and play on.
But some teams have a dozen games left, with the cups, which can't be squeezed in.
Allowing this season to disrupt next season is foolhardy, it just means prolonging the damage.
Everyone will just have to accept that this season can't be completed and plan for August.
That gives everyone time to evaluate their position and bunker down as best they can.
The problem is that too many clubs have spent beyond their means, relied on TV cash and only just kept the bailiffs from the door ...
... now the big white van has pulled up and two big blokes are getting out with crow bars.
Clubs have endlessly gambled with their futures, but the future has just arrived and there will be casualties.
[/QUOTE]
This is potentially what English football has needed for a long time tbh. A nice reset of the top tiers, and maybe bringing about a more level playing field again would be nice. Chances of it happening though... I won't hold my breath lol
This is potentially what English football has needed for a long time tbh. A nice reset of the top tiers, and maybe bringing about a more level playing field again would be nice. Chances of it happening though... I won't hold my breath lol[/QUOTE]
Thing is, that's what FFP was supposedly brought in for. Pity was it around 10 years too late and Europe's big boys had a strangle hold on their own leagues so no one could gatecrash the party.
Thing is, that's what FFP was supposedly brought in for. Pity was it around 10 years too late and Europe's big boys had a strangle hold on their own leagues so no one could gatecrash the party.
FFP is the most ironic, and misleading, name since the Americans came up with 'The World Series'.
There's nothing fair about football at the top level in Europe.
In the PL we've sold the game to foreign banks and brought in foreign players to hand over 80% of the income.
When merchandising sales to a minor African country, by Man City or Liverpool, eclipse the gate money at Burnley you know we've reached the point of no return.
Well the parachute payments will run out now and Donald will have to fund the club out of his own pocket or get his mate Juan to. You know the 'Juan' who was going to be seen more actively around the club. The other option is using the Americans loan which he said he would pay back if he sold the club but I would imagine nobody would want to buy a football club with all the uncertainty at the moment. Once again delaying it until the summer has backfired on his plans imo. The gamble may not have paid off for him after all. I hope it ends up with FPP.
Spot on post mate.
This shutdown will flush out a fair few hidden issues at clubs.
Sartori was introduced simply to persuade Short that Donald was well connected/backed.
He's now staring down the barrel of a loaded shotgun and has no one to blame but himself.
The Americans would've taken over the club if he hadn't moved the goalposts, and we'd now be cocooned in a warm nest of endless dollars.
Because of that I have no sympathy for Donald ...
... I just hope he doesn't drag us down with him.
Fortunately he's now in a position whereby he's balancing the money he'll lose by keeping us against the money he'll lose by selling us.
If he leaves it too long the buyers will reach a point when they know the club is theirs but they can keep squeezing Donald ad infinitum.
If he tries to tough it out they'll get the club for the value of the 'loan'.
I can tell you now that it won't lead to an acceleration of any deal. I've been second-hand privy to two deals falling through in the sports sector in the last few days. People are not going to invest in anything right now, particularly when nobody can say when they'll be able to make money via gate receipts and foot-fall related sales.
Basically, there's no way around this from a deal perspective. You can't value it the same as you did a month ago, let alone argue on differences in projection. Might as well forget about anything meaningful happening for at least 3 months unless something was signed before now.
Basically, there's no way around this from a deal perspective. You can't value it the same as you did a month ago, let alone argue on differences in projection. Might as well forget about anything meaningful happening for at least 3 months unless something was signed before now.
Oh, and I think 3 months is optimistic - I'd be cautious that FPP wouldn't want to inherit us at this point, given that our matchday revenue is at risk until we can guarantee no more stoppages for extended periods, and a vaccine appears at least 12-18 months away.
I could well envision a scenario where we end up with Donald trying to get rid of us and cut his losses, and nobody willing to take us. That's how bad this is. It's a complete disaster for this process.
I could well envision a scenario where we end up with Donald trying to get rid of us and cut his losses, and nobody willing to take us. That's how bad this is. It's a complete disaster for this process.
If Donald informs the 'lenders' that he can't pay/won't pay, it's a done deal ...
... that's already agreed.
can't happen soon enough for me.