by Nameless »
22 Sep 2021 12:43
NathStPaul Lower West hughsies no.1
End of the day, the most important think is the club doesn't go under. At the end of this coming season we are going to lose a lot of players and be very reliant on youth. I see a fire sale in January coming (Swift, Laurent, Rino)...
Probably not. Relegation isn't an option. The owners appear set in their ways. The Chinese hate to lose face. All about keeping up with the Jonses i.e. their football club owning mates. We've unfortunately got the clueless one. We need an owner that's visible to the fans. Not hides away.
It is annoying that some of our supporters think we have no money, we do and lots of it. We are being punished for spending too much money in line with the regulations, not administration or anything like that. We do not need to sell, we need to spend less. We aren't going to sell anyone in January if there is a real threat of us being relegated, what would be the point?
That’s rubbish.
We don’t have any money. We have very rich owners who have been happy to put lots of money into the club, but it is their money not the club’s.
We aren’t in horrendous debt like Derby (£26 million owed to HMRC !) which is a massive bonus and we are extremely unlikely to be put into administration as all our debt is owed to the owners. However they could decide to stop funding the club and that would essentially finish us.
We are being punished for making too big a loss. Selling would reduce that loss as probably do it quicker than spending less. If we sold our entire first team in January we would probably then be FFP compliant but a bit stuck in terms of playing football matches.
Punishment for going into administration is a totally different thing to breaching FFP. You can go into admin without breaching FFP and vice versa. Derby’s 12 points would be a punishment for going into admin, with another 9 looming for FFP breaches. We will probably get a deduction for FFP breaches but none knows what the level might be.