Posts: 21
Threads: 4
Joined: Apr 2019
Fulham got relegated after spending £100 million. If we were to get promoted, we'd easily have to spend equal, if not more. Our squad is awful. Do you trust Luke Dowling to do the, and identify the right players. I don't. Plus how much would Guochaun Lai give our new manager.
Posts: 11,692
Threads: 233
Joined: Jan 2019
Reputation:
33
Fulham spent 100 million on luxury players and massively over paid too.
Posts: 8,759
Threads: 401
Joined: Jan 2019
Reputation:
11
It's of no concern as we won't be spending anything, as we ain't got no money.
Posts: 21
Threads: 4
Joined: Apr 2019
(04-25-2019, 08:56 PM)Remi_Moses Wrote: It's of no concern as we won't be spending anything, as we ain't got no money.
Remi are we that badly in debt, are the owners banking on us going up. Worrying times if we don't then, worrying Summer. Could you see another Villa, when they nearly went bust.
Posts: 8,759
Threads: 401
Joined: Jan 2019
Reputation:
11
We borrowed a few million from "Barclays" in January as Lai wouldn't or couldn't help out.
We borrowed against end of season payments from the EFL - hence we can pay that off but will have no money for transfers.
Unless we sell first. With approx 12 players leaving anyway - free transfers - loans or cheap buys will be what we are looking at IMO.
We won't go bust, but parachute payment support drops a further £10 million if we don't go up. So the first £10 million of sales will be needed just to cover that. If we go up we potentially get a further £50 million even if we finish bottom.
Posts: 21
Threads: 4
Joined: Apr 2019
(04-25-2019, 09:07 PM)Remi_Moses Wrote: We borrowed a few million from "Barclays" in January as Lai wouldn't or couldn't help out.
We borrowed against end of season payments from the EFL - hence we can pay that off but will have no money for transfers.
Unless we sell first. With approx 12 players leaving anyway - free transfers - loans or cheap buys will be what we are looking at IMO.
We won't go bust, but parachute payment support drops a further £10 million if we don't go up. So the first £10 million of sales will be needed just to cover that. If we go up we potentially get a further £50 million even if we finish bottom.
Worrying times, if we've don't go up. Renewed my ticket on a early bird. Can't see us attracting a decent manager with no budget, can you. Hope he sells up and goes.
Posts: 107
Threads: 22
Joined: Feb 2019
Let's see where we are come end of next month.
Most newly promoted clubs struggle, two set to go down this year.