Hathersage Ram Posted January 7, 2021 Share Posted January 7, 2021 22 minutes ago, kevinhectoring said: Exactly. It's not great to have a reluctant owner and a quick sale to others seems unlikely in this climate. So long as he continues, two possibilities: - he swallows hard and decides he'll continue to fund the losses, aiming for the PL (putting in new equity to avoid FFP problems) or - he cuts the wage bill and hopes we can nevertheless avoid relegation. Are there any others? How exactly does introducing equity funds avoid FFP? Link to comment Share on other sites More sharing options...
Spanish Posted January 7, 2021 Share Posted January 7, 2021 1 hour ago, kevinhectoring said: Exactly. It's not great to have a reluctant owner and a quick sale to others seems unlikely in this climate. So long as he continues, two possibilities: - he swallows hard and decides he'll continue to fund the losses, aiming for the PL (putting in new equity to avoid FFP problems) or - he cuts the wage bill and hopes we can nevertheless avoid relegation. Are there any others? Pirates of the Caribbean Abandon ship or abandon hope? Link to comment Share on other sites More sharing options...
kevinhectoring Posted January 7, 2021 Share Posted January 7, 2021 53 minutes ago, Hathersage Ram said: How exactly does introducing equity funds avoid FFP? well I thought you avoided sanctions if losses were covered by committed equity. Perhaps that's not right? Link to comment Share on other sites More sharing options...
CornwallRam Posted January 7, 2021 Share Posted January 7, 2021 1 minute ago, kevinhectoring said: well I thought you avoided sanctions if losses were covered by committed equity. Perhaps that's not right? Teams can lose something like £13m per season, averaged out over 3 seasons (might be 4 with Covid) as long as the owners puts in £8m(?) per season. If the owner puts in less, the losses have to be lower to avoid sanctions. Without any equity introduced the max loss allowed is £5m? per season. - not looked up the actual figures so could be slightly out on the numbers. kevinhectoring 1 Link to comment Share on other sites More sharing options...
Gritty Posted January 7, 2021 Share Posted January 7, 2021 17 minutes ago, kevinhectoring said: well I thought you avoided sanctions if losses were covered by committed equity. Perhaps that's not right? Sadly not Link to comment Share on other sites More sharing options...
G STAR RAM Posted January 7, 2021 Share Posted January 7, 2021 3 hours ago, SamUltraRam said: Have people still not had their season ticket direct debits debited for January? If so, very peculiar for a business in need of cashflow ? & Is this linked in some way to the takeover ? Just checked, mine still not gone out Link to comment Share on other sites More sharing options...
Rab a dab doo Posted January 7, 2021 Share Posted January 7, 2021 I think we've found to our detriment that the old Sheikh, when actually 'shaken' as NOT 'rattled' with any dosh and has just quietly 'rolled' away. Link to comment Share on other sites More sharing options...
Kingpin Posted January 7, 2021 Share Posted January 7, 2021 And we thought the lamps to Chels saga was boring. got nothing on this horse poo. bimmerman, r_wilcockson and CBRammette 2 1 Link to comment Share on other sites More sharing options...
one_chop Posted January 7, 2021 Share Posted January 7, 2021 Yawn Josh 1 Link to comment Share on other sites More sharing options...
Boycie Posted January 7, 2021 Share Posted January 7, 2021 Maybe there’s a rival offer on the table? kevinhectoring 1 Link to comment Share on other sites More sharing options...
bimmerman Posted January 7, 2021 Share Posted January 7, 2021 2 minutes ago, Boycie said: Maybe there’s a rival offer on the table? Isn't Sunderland for sale for 47 million? Link to comment Share on other sites More sharing options...
Eatonram Posted January 7, 2021 Share Posted January 7, 2021 Perhaps there are 2 potential agreed prices, dependant on the EFL verdict. Link to comment Share on other sites More sharing options...
1967RAMS Posted January 7, 2021 Share Posted January 7, 2021 4 hours ago, Hathersage Ram said: How exactly does introducing equity funds avoid FFP? He could sell the stadium for an inflated value ....... oh wait perhaps not Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted January 7, 2021 Share Posted January 7, 2021 28 minutes ago, Boycie said: Maybe there’s a rival offer on the table? Fawaz perhaps? Boycie and eezzeetiger 1 1 Link to comment Share on other sites More sharing options...
GB SPORTS Posted January 7, 2021 Share Posted January 7, 2021 (edited) 20 minutes ago, MackworthRamIsGod said: Fawaz perhaps? Ah the Caliph of Dunstall, i wonder when his name would surface again Edited January 7, 2021 by SIXTEEN AGAIN Link to comment Share on other sites More sharing options...
Josh Posted January 7, 2021 Share Posted January 7, 2021 ?????? Link to comment Share on other sites More sharing options...
Abu Derby Posted January 7, 2021 Share Posted January 7, 2021 Still think that they’re waiting for the result of the EFL appeal. If we do get a points deduction then we will probably be in League 1 next season. Therefore the asking price will drop. Mel will have to take it or leave it. Simples really. Link to comment Share on other sites More sharing options...
Tombo Posted January 7, 2021 Share Posted January 7, 2021 6 hours ago, Spanish said: any thoughts about how we move forward if this bullet is dodged? I am worried as to what happens if Mel is still in charge. Don't see any coming in and think others may go. A little improvement in the squad will see us safe anything worse and this could be horrible A bad manager might get you relegated. A bad owner can mean the end of your club. As far as I see it, we have our best chance of still existing in 10 years time with Mel staying on a bit longer than if this clown manages to find the spare few million down the back of the sofa needed to complete this deal. Mostyn6 1 Link to comment Share on other sites More sharing options...
Steve How Hard? Posted January 7, 2021 Share Posted January 7, 2021 9 hours ago, MackworthRamIsGod said: Today is the day, I can feel it in me Dow Jones. It appears they are still playing Ftse. About time Mel and the Sheikh got down to the nitty gritty. kevinhectoring 1 Link to comment Share on other sites More sharing options...
Boycie Posted January 7, 2021 Share Posted January 7, 2021 15 minutes ago, Abu Derby said: Still think that they’re waiting for the result of the EFL appeal. If we do get a points deduction then we will probably be in League 1 next season. Therefore the asking price will drop. Mel will have to take it or leave it. Simples really. Looking at the table I thought we’d already had a points deduction the same as Sheffield Wednesday? oh wait.... EraniosSocks and kevinhectoring 2 Link to comment Share on other sites More sharing options...
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