Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

[Hound]

Fully up for harsh punishment - but feel it should be fines and the suggestion I made rather than points deductions

I feel it’s more of a punishment on the players/fans than those responsible - ie the owners. And it’s not like any advantage is given unlike breaking ffp

All fines do is make the financial situation worse and mean there's less money to pay players.

People would just piss and moan about the FL forcing us into administration.

Right now there's rumours that Dai is refusing FL demands to front up money to pay staff. How do you think they're going to collect a fine if he isn't paying players / HMRC?

If they are refusing to pay a fine surely they don’t allow them to play in The league full stop?

3 points deficit matters far more to the players/fans than it does to Dai who is at fault for the issue

[Sutekh]

Fully up for harsh punishment - but feel it should be fines and the suggestion I made rather than points deductions

I feel it’s more of a punishment on the players/fans than those responsible - ie the owners. And it’s not like any advantage is given unlike breaking ffp

All fines do is make the financial situation worse and mean there's less money to pay players.

People would just piss and moan about the FL forcing us into administration.

Right now there's rumours that Dai is refusing FL demands to front up money to pay staff. How do you think they're going to collect a fine if he isn't paying players / HMRC?

Like the thought in the LCP report on sustainability in the men's game that clubs who do financial things well and properly should be rewarded with extra cash from the broadcasting rights deals. Might be incentivising what should be the morally correct and right things for clubs to do but if that's what it takes to start improving things then so be it.

[Snowflake Royal]

Fully up for harsh punishment - but feel it should be fines and the suggestion I made rather than points deductions

I feel it’s more of a punishment on the players/fans than those responsible - ie the owners. And it’s not like any advantage is given unlike breaking ffp

All fines do is make the financial situation worse and mean there's less money to pay players.

People would just piss and moan about the FL forcing us into administration.

Right now there's rumours that Dai is refusing FL demands to front up money to pay staff. How do you think they're going to collect a fine if he isn't paying players / HMRC?

If they are refusing to pay a fine surely they don’t allow them to play in The league full stop?

3 points deficit matters far more to the players/fans than it does to Dai who is at fault for the issue

And being kicked out the league matters less to the fans?

[Hound]

All fines do is make the financial situation worse and mean there's less money to pay players.

People would just piss and moan about the FL forcing us into administration.

Right now there's rumours that Dai is refusing FL demands to front up money to pay staff. How do you think they're going to collect a fine if he isn't paying players / HMRC?

If they are refusing to pay a fine surely they don’t allow them to play in The league full stop?

3 points deficit matters far more to the players/fans than it does to Dai who is at fault for the issue

And being kicked out the league matters less to the fans?

Of course not - but if you’re refusing to pay a fine then it should be that harsh

[Snowflake Royal]

If they are refusing to pay a fine surely they don’t allow them to play in The league full stop?

3 points deficit matters far more to the players/fans than it does to Dai who is at fault for the issue

And being kicked out the league matters less to the fans?

Of course not - but if you’re refusing to pay a fine then it should be that harsh

Well good job you aren't the FL or we'd probably not finish the season.

[Sutekh]

All fines do is make the financial situation worse and mean there's less money to pay players.

People would just piss and moan about the FL forcing us into administration.

Right now there's rumours that Dai is refusing FL demands to front up money to pay staff. How do you think they're going to collect a fine if he isn't paying players / HMRC?

If they are refusing to pay a fine surely they don’t allow them to play in The league full stop?

3 points deficit matters far more to the players/fans than it does to Dai who is at fault for the issue

And being kicked out the league matters less to the fans?

If the issue is being able to get money out of China then how is Dai going to front up additional cash as presumably it all comes out of regular cash flow he has from his various business interests and therefore I doubt he can effectively just "magic up" an extra month's cash for the club and even if he could who knows what hoops the Chinese govt. have dreamt up to make things as complicated and difficult as possible to move money out.

[Hound]

And being kicked out the league matters less to the fans?

Of course not - but if you’re refusing to pay a fine then it should be that harsh

Well good job you aren't the FL or we'd probably not finish the season.

If you can’t pay a fine then doubt you’ll be able to finish the season anyway

[Hound]

If they are refusing to pay a fine surely they don’t allow them to play in The league full stop?

3 points deficit matters far more to the players/fans than it does to Dai who is at fault for the issue

And being kicked out the league matters less to the fans?

If the issue is being able to get money out of China then how is Dai going to front up additional cash as presumably it all comes out of regular cash flow he has from his various business interests and therefore I doubt he can effectively just "magic up" an extra month's cash for the club and even if he could who knows what hoops the Chinese govt. have dreamt up to make things as complicated and difficult as possible to move money out.

Again if we can’t get the money together to do this then presumably we’re going to struggle to pay the wage every month anyway

[Sutekh]

And being kicked out the league matters less to the fans?

If the issue is being able to get money out of China then how is Dai going to front up additional cash as presumably it all comes out of regular cash flow he has from his various business interests and therefore I doubt he can effectively just "magic up" an extra month's cash for the club and even if he could who knows what hoops the Chinese govt. have dreamt up to make things as complicated and difficult as possible to move money out.

Again if we can’t get the money together to do this then presumably we’re going to struggle to pay the wage every month anyway

This is true. Presume this is the element the supposed new investment is being asked to cover leaving Dai to cover stuff that's not required on a specific timescale.

[Sutekh]

One wonders how on earth Villa, WBA, Brum and the other league clubs with Chinese ownership manage to get money out of China to cover wages etc. seemingly without any issues, presume they must have cashflow from other parts of the world they can utilise. Seems it's just Reading and Wigan which are screwed.

[CountryRoyal]

No signing anyone for £ until Jan 2025 is it?

[Hound]

One wonders how on earth Villa, WBA, Brum and the other league clubs with Chinese ownership manage to get money out of China to cover wages etc. seemingly without any issues, presume they must have cashflow from other parts of the world they can utilise. Seems it's just Reading and Wigan which are screwed.

Don’t think wba are doing so well at that

[Sutekh]

One wonders how on earth Villa, WBA, Brum and the other league clubs with Chinese ownership manage to get money out of China to cover wages etc. seemingly without any issues, presume they must have cashflow from other parts of the world they can utilise. Seems it's just Reading and Wigan which are screwed.

Don’t think wba are doing so well at that

Agreed, them and Brum are having a number of problems but don't seem to be bedevilled yet with making late payments to players and HMRC.

[Clyde1998]

One wonders how on earth Villa, WBA, Brum and the other league clubs with Chinese ownership manage to get money out of China to cover wages etc. seemingly without any issues, presume they must have cashflow from other parts of the world they can utilise. Seems it's just Reading and Wigan which are screwed.

Don’t think wba are doing so well at that

Nor are Wolves; albeit they've got PL money to help them. West Brom have parachute payments, which will assist them.

[Sutekh]

One wonders how on earth Villa, WBA, Brum and the other league clubs with Chinese ownership manage to get money out of China to cover wages etc. seemingly without any issues, presume they must have cashflow from other parts of the world they can utilise. Seems it's just Reading and Wigan which are screwed.

Don’t think wba are doing so well at that

Nor are Wolves; albeit they've got PL money to help them. West Brom have parachute payments, which will assist them.

WBA don't have parachute payments, got their last PP last season.

[Clyde1998]

Don’t think wba are doing so well at that

Nor are Wolves; albeit they've got PL money to help them. West Brom have parachute payments, which will assist them.

WBA don't have parachute payments, got their last PP last season.

Ofc, it's not four years anymore. I'd expect them to start running into issue soon then.

[Hound]

Nor are Wolves; albeit they've got PL money to help them. West Brom have parachute payments, which will assist them.

WBA don't have parachute payments, got their last PP last season.

Ofc, it's not four years anymore. I'd expect them to start running into issue soon then.

Yep think that is the expectation

[Pepe the Horseman]

So the owner isn't interested anymore, but also won't talk to any potential investors/new owners. What happens next? Is administration the only way forward? And at what point does that happen?

[Sutekh]

WBA don't have parachute payments, got their last PP last season.

Ofc, it's not four years anymore. I'd expect them to start running into issue soon then.

Yep think that is the expectation

They were relegated from the PL in 2020/21 after 1 season there. Because they only had 1 the season in the PL they only received two years of PP instead of the normal 3. So they were receiving "bonus bubble" in 2021/22 and 2022/23 and now they're up a certain creek without a paddle plus a load of other iffy things giving cause for concern. They could well be in more serious trouble than Reading by the end of the new season depending on how they are able manage the situation.

[Sutekh]

So the owner isn't interested anymore, but also won't talk to any potential investors/new owners. What happens next? Is administration the only way forward? And at what point does that happen?

It's not in his interest to lose interest! If the club starts failing to pay bills then it should put itself into administration, if it fails to do so then I presume the FL will take action legally to safeguard the integrity of the competition and RFC will end up in court somewhere with the players and staff exiting the place as quickly as they can.