Morecombe's owner woes continue as they are the latest to be put under a registration embargo for failure to pay tax on time. The owner there essentially refuses to finance the club sufficiently or sell for a realistric sum. Sounds familiar.
With the exclusivity announced, has there been a confirmation from the club that HMRC and players wages will be paid in full and on time for the rest of the season, thus eliminating the possibility of the suspended deduction of a further 2 points being enforced? If we hadn't paid HMRC (due last wee...
Of course, which is what I infer in the last paragraph. We obviously don't know who the other bidders are/were, so it's possible these are the best option atm. I'm concerned by a number of red flags from the limited information we know about this group. And obviously, they may not get EFL approval ...
The sweet spot is rich enough to invest well, but not so rich they can afford to piss it all away and it not matter to them. You want them to need success so they will take their decisions on how to invest seriously. I think we could reasonably argue that our club is indeed in the "sweet spot&...
I've taken a few days to process the situation and I still feel a little uneasy about the group who have supposedly been given exclusivity. I haven't read the past ten or so pages, so some of this may have come up already. If it is Chiron Sports Group, their website notes they're funded by Apeiron ...
The main question to ask is what happens if it doesn't work. The buy low, develop players, use the academy, sell high strategy sounds great. But football is competitive and these strategies are not simple to execute. If we're still in L1 in 5 years and the investors are disappointed, what's their p...
So if the rumours are correct and the prospective new owners are buying us as an Arbitrage play - with funds from various exotic industries (crypto/longevity biotech) - the protests continue or they stop? Do we want sugar daddies who gamble on making money (for themselves) in the prem or not? I was...
Either way, seems quite promising. If they are supposed to be our main owners, I'd not be that encouraged ... hopefully they are acting on someone else's behalf. What doesn't encourage you about them - of the 2 money men, one at least is a billionaire and both seem to have a track record of investi...
So if the rumours are correct and the prospective new owners are buying us as an Arbitrage play - with funds from various exotic industries (crypto/longevity biotech) - the protests continue or they stop? Do we want sugar daddies who gamble on making money (for themselves) in the prem or not? I was...
So if it is Chiron then what we have learnt over the past few days: William Storey potentially put any deal back a couple of months, and could even have scuppered a realistic deal but putting in a phantom 50m deal which put an unrealistic figure in Dai's head. Then Wycombe's interest in the training...
If it was the Wilf brothers then we could have won the owners jackpot. They’ve been transformational for the Vikings, who now have the best facilities, infrastructure and stadium in the NFL. Not going to get excited though until something confirmed. Would love to see football run more like the NFL....
https://www.chironsportsgroup.com/ Charlton fans not keen on Rifkind, but one of the backers is a Billionaire. Also not US based but Swiss based but the reports of an NA group could be wrong unless there are NA investors. We know they "walked away" so wouldn't be a surprise if they have c...
The big question is who with. I expect a journo will report in the next few days. I expect so, there will be no official confirmation as the EFL rules don't allow it but I would imagine one of the local journos will get a name in the neat future. Wording suggest the process could take up to 2 monts...
I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out...
I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out...
I think most of us are expecting any sale to be "dodgy" in some way at best, or complete fraud at worst. The guy has no intention of letting go if he can help it, so if he can flog it to a connection and keep some form of control or exert pressure to get money back down the way, that is li...