Takeover

[Fulham Fallout]

You're going to look pretty daft on 31st Jan mate - fair play for doubling down though.

We can’t carry on as a club the way wee going,, else we will breach FFP regulations.   There was an article online about it 2-3 days ago.  And no, I never wrote it    It may have been written by A4A.

I'll bet you a £20 donation to Acorns that nobody who has started more than 5 games this season leaves this January if you're interested?

The only way I can see that happening, is if the new owners have the loans made by WBA Group Ltd repaid as part of the sale.  This would have an immediate impact on the P&L and FFP.

Also, if the new owners repay the MSD loans to stop interest being charged to the P&L and assists with cash flow as the club no longer has to make the repayments on the loans.

The thing is. We don’t know how much money is in the bank at the moment and whether the club can afford to wait until the Summer to offload players, when a number of players can leave the club at the end of their contracts. 

What we do know, is that unless we are promoted, then the wage bill has to come down. 

At the end of March we will see how much additional funds we borrowed from MSD as I don’t think that’s been made public, or at least I never saw it.  At the end of March the accounts will be available on companies house website and the additional loan taken out a few months ago will have to be included in the directors report as a material post balance sheet event.  i.e.  a large, unusual transaction that took place between the date the accounts were made up to (30 June 2023).

Does that mean you’re not taking CC’s bet?

CC (the real one) said this week that he is hoping to bring in 2 loan players and to hold on to his existing players, unless a large bid come in. Will a large bid come in for any of our players? Doubtful, seeing as most aren't spring chickens.  BTA and Palmer are the only two I could see clubs coming in for.  Fellows is most likely agent talk.