Takeover

[Pragmatist]

I think our transfer activity will tell us what's happening.
ATM nothing = nothing.

Mate, please please don’t think nothing is happening as we haven’t signed anyone. We can’t, our wages at the moment are far too high. The game has changed significantly and we won’t be spending our way out, we can’t, no one can

Thanks, i think we're all aware of the financial issues.
Your missing the point if new money is coming into the club then we will certainly be looking to bring a couple of new faces in - could be loan with options to buy who knows.

New money won’t help the losses and that’s what we need to address. 

The best thing that can happen is that the loans taken out by Baldy, Lai and his Chinese pals are repaid or are repaid (as part of the sale) or taken on by the nee owners and they repay them.  This would benefit the profit and loss account as it would reverse the previous writing down (to nil) of the loans. 

A new owner won’t be able to change the position other than put money into the bank account to help with the ongoing costs and to repay the MSD loans.  We ate fucked due to FFP rules and we need to increase turnover and / or reduce expenditure. Within every business, the latter is the area of focus as it’s the only one the organisations have control over.  The extra income is through player sales of course and we didn’t do enough of that in the summer.

As you say, the best we can hope for are 2 loan signings, a striker and a winger

If the Lai and Peace loans get repaid as part of the sale then it would make a material (circa £10m) positive difference to our FFP position as both loans have been fully provided for previously in the accounts.