Summer Transfer Rumours

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OK, technically not debt-free at any given point because the owners keep putting more money in. They have consistently converted these loans to equity, though, and seem committed to continuing that policy. The point remains that the stories of the club being in eyewatering debt (see DT's debt table) are just not true.

Bashing the owners for trying to put right what they got wrong (when they could have just done a Chris Wright) just seems perverse to me.

Perverse!
Loans to Equity is a technical financial mystery ... In the business world it’s a loophole ... it’s cobblers

Doing a anything if you cherry pick history is an easy argument

Doing a Tony F may have some honour within it but ultimately is failed poor business

As our club is controlled by failed poor business to date I see no problem with fans thinking of the future

How far exactly does a financial plan that includes loans to equity go?

A cul de sac of **** imo and anyone looking at this as a merit is worst than perverse

Southampton FC considered the best run club in U.K. football will be there during ups and downs for the foreseeable future
It’s bigger than Mark Hughes or any one player or Saints Team . They have learnt from their mistakes and will comfortably survive if Hughes takes them down

Compare any club to us at this moment in time and if you weigh it up
Sorry but we are a little bit **** and it needs to be said and fully understood
 
Perverse!
Loans to Equity is a technical financial mystery ... In the business world it’s a loophole ... it’s cobblers

Doing a anything if you cherry pick history is an easy argument

Doing a Tony F may have some honour within it but ultimately is failed poor business

As our club is controlled by failed poor business to date I see no problem with fans thinking of the future

How far exactly does a financial plan that includes loans to equity go?

A cul de sac of **** imo and anyone looking at this as a merit is worst than perverse

Southampton FC considered the best run club in U.K. football will be there during ups and downs for the foreseeable future
It’s bigger than Mark Hughes or any one player or Saints Team . They have learnt from their mistakes and will comfortably survive if Hughes takes them down

Compare any club to us at this moment in time and if you weigh it up
Sorry but we are a little bit **** and it needs to be said and fully understood
We are a bit ****, what’s the alternative that will make everyone happy in the short term?
 
Just can’t let it go can you.
You’re nothing to me either and believe you me pal I couldn’t give a rats arse about you or your idiotic assumptions and your self importance and if anybody talks ****e it’s yourself so be a good little boy and jog on because as of now you are on ignore.
Your not even worth ignoring mate
 
We are a bit ****, what’s the alternative that will make everyone happy in the short term?

Well that’s easy
3 points on Saturday
Afterwhich many of us will be thinking of promotion.... that’s how it rolls for our fan base.

Only been harping on about it for 5 years

The unseen effects on our fans and the damage wild dreams cause

I have drawn my line
I honestly do not believe Stan ,Dave Thomas Gerry Francis and all the greats deserve this

And Pink Away Kits and to make it worse no one cares
 
Well ... we’ll just have to see how the loan window pans out for us. Disappointing ... but as has been pointed out again and again... it is what it is, however much we complain about the owners and our predicament. So on to Saturday and fingers crossed for a positive result!
 
Perverse!
Loans to Equity is a technical financial mystery ... In the business world it’s a loophole ... it’s cobblers

Doing a anything if you cherry pick history is an easy argument

Doing a Tony F may have some honour within it but ultimately is failed poor business

As our club is controlled by failed poor business to date I see no problem with fans thinking of the future

How far exactly does a financial plan that includes loans to equity go?

A cul de sac of **** imo and anyone looking at this as a merit is worst than perverse

Southampton FC considered the best run club in U.K. football will be there during ups and downs for the foreseeable future
It’s bigger than Mark Hughes or any one player or Saints Team . They have learnt from their mistakes and will comfortably survive if Hughes takes them down

Compare any club to us at this moment in time and if you weigh it up
Sorry but we are a little bit **** and it needs to be said and fully understood

What I'm trying (and failing, obviously) to get across is that, whilst the owners have made massive mistakes, they have paid for it themselves and are trying to make amends. They could have walked away, demanded repayment of their loans (or however much they could get) and left the club in administration, or worse. Loans to equity is not a loophole, it's football philanthropy.
 
What I'm trying (and failing, obviously) to get across is that, whilst the owners have made massive mistakes, they have paid for it themselves and are trying to make amends. They could have walked away, demanded repayment of their loans (or however much they could get) and left the club in administration, or worse. Loans to equity is not a loophole, it's football philanthropy.

Still a pile of **** just a slightly different odour.
 
Nice to actually have a bidding war for one of our players for a change. Can't remember the last time that happened!

Just a thought, but if I was in charge, I'd be seeking to structure the Freeman deal as a loan until January, with a guaranteed sale price of £Xm on the 1st January. That way we will be able to count Freeman as an outgoing player in January (which helps as part of the 1 out 1 in rule) and sign a player on 75% of his wages, which I presume are some of the higher wages at the club now.
Welcome back Raving! Long time no see. Don't be a stranger.
 
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Right. Window closed - no one came in. Can still get loans...if needed. HOWEVER the positive for the squad we have is surely that the management feel there is no one better than them available. Surely that has to be a huge a confidence boost to the young team. And the fact we turned money down as it didn't meet our valuation is good news.
This is always going to be a tough season but the worst news has been delivered in terms of FFP so surely the future is bright
 
What I'm trying (and failing, obviously) to get across is that, whilst the owners have made massive mistakes, they have paid for it themselves and are trying to make amends. They could have walked away, demanded repayment of their loans (or however much they could get) and left the club in administration, or worse. Loans to equity is not a loophole, it's football philanthropy.

Why doesn’t the Football League simply pass a rule that owners can only put cash into a club in the form of pure risk equity, i.e. no Deborah instruments whatsoever. Exotic structures with holding companies should be investigated. This would do away with many of the FFP issues in a stroke.

Existing company law regarding the paying of dividends when there are no distributable earnings already prevent owners extracting value out of failing businesses. There are rules around companies buying back shares.
 
Right. Window closed - no one came in. Can still get loans...if needed. HOWEVER the positive for the squad we have is surely that the management feel there is no one better than them available. Surely that has to be a huge a confidence boost to the young team. And the fact we turned money down as it didn't meet our valuation is good news.
This is always going to be a tough season but the worst news has been delivered in terms of FFP so surely the future is bright

Agreed.

Now let’s see what “coach” Steve and the “youngsters” deliver.
 
Why doesn’t the Football League simply pass a rule that owners can only put cash into a club in the form of pure risk equity, i.e. no Deborah instruments whatsoever. Exotic structures with holding companies should be investigated. This would do away with many of the FFP issues in a stroke.

Existing company law regarding the paying of dividends when there are no distributable earnings already prevent owners extracting value out of failing businesses. There are rules around companies buying back shares.

Absolutely...I think. What's a Deborah instrument? Is it what Marc Bolan used to play in Tyrannosaurus Rex?
 
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Why doesn’t the Football League simply pass a rule that owners can only put cash into a club in the form of pure risk equity, i.e. no Deborah instruments whatsoever. Exotic structures with holding companies should be investigated. This would do away with many of the FFP issues in a stroke.

Existing company law regarding the paying of dividends when there are no distributable earnings already prevent owners extracting value out of failing businesses. There are rules around companies buying back shares.
I always get nervous when someone who actually knows what he is talking about joins in, as my frankly astounding levels of bullshit are likely to be exposed.

Is pure risk equity essentially a gift?
 
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The way I see it is we haven’t bought anyone because we can’t afford to buy anyone, this has nothing to do with the FFP fine as the instalments do not go towards the annual figures. The FFP restrictions that apply to all clubs in the EFL hold us back because we are a small club with small attendances which do not generate enough money to spend spend spend, TF might want to spend millions on players but is not allowed to because of the EFL rules. If he spends millions he gets castigated for getting us into FFP issues, if he runs the club as he has to he gets the same grief for not spending, he can’t win. We as supporters have to accept this is how it is going to be, rules have to be followed and until we fill Loftus Road week in week out it’s not going to change.