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[Archived] The Championship 2015-2016


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Details of the monies paid to players representatives by Rovers from Oct 14 to Sept 15. It is still a colossal amount for a club with the massive debt we have.

http://www.rovers.co.uk/news/article/payments-to-intermediaries-agents-2827082.aspx

The players signed during the time were

2014/2015 season

Jason Steele

Jay Spearing(loan)

Paul Taylor(loan)

Doneil Henry(loan)

2015 summer

Tom Lawrence(loan)

Fode Koita

Danny Guthrie

Hope Akpan

Nathan Delfouueso

Modou Barrow(loan)

Sacha Petshi

Plus the contract renewals for Matthew Kilgallon, John O'Sullivan, Chris Taylor

So that's is 14 transactions that would have involved Agents within the first team. plus they were some new contracts handed to players within the under 21's/Academy playing staff.

Yet no embargo for Bolton...... :blink:

Lennon has already said that he doesn't have any money to spend anyway so an Embargo would be pointless tbh

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The players signed during the time were

2014/2015 season

Jason Steele

Jay Spearing(loan)

Paul Taylor(loan)

Doneil Henry(loan)

2015 summer

Tom Lawrence(loan)

Fode Koita

Danny Guthrie

Hope Akpan

Nathan Delfouueso

Modou Barrow(loan)

Sacha Petshi

Plus the contract renewals for Matthew Kilgallon, John O'Sullivan, Chris Taylor

So that's is 14 transactions that would have involved Agents within the first team. plus they were some new contracts handed to players within the under 21's/Academy playing staff.

Lennon has already said that he doesn't have any money to spend anyway so an Embargo would be pointless tbh

Not the point though, they can still theoretically operate in the transfer marker whereas we can't. Our accounts are bad but there's are truly dreadful, not a penny in the bank, debt on debt and it's all snowballing, administration has to be a real possibility. FFP is just a complete joke.

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That's absolutely staggering when you bear in mind we haven't signed a player for cash since the summer of 2014 and even then it was limited to Shane Duffy.

Between October 2014 and September 2015 the extent of our dealings with agents has been renewing existing contracts e.g. Olsson for another year, and then the free signings of people like Guthrie and Akpan.

How on earth that can stretch to £1,250,000 I'll never know.

Agents get a cut of pay offs and contract renewals.

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Not the point though, they can still theoretically operate in the transfer marker whereas we can't. Our accounts are bad but there's are truly dreadful, not a penny in the bank, debt on debt and it's all snowballing, administration has to be a real possibility. FFP is just a complete joke.

Davies is going to write the debt off, valuing the club and hotel at around £20 million if someone wants to buy it

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How much did we sell for? £25m + £20m of debt paid up by Venky's? They may as well not have bothered clearing the debt considering how they've wracked it up anyway over the past few years.

They didn't clear the debt though

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They didn't clear the debt though

Did they just take on the debt then? I can't remember. Ultimately you're still looking at a £45m sale (with the debt included or paid off), which makes Bolton's sale price of £25-£30m seem a bit excessive.

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Davies is going to write the debt off, valuing the club and hotel at around £20 million if someone wants to buy it

Rumour has it that Davies wants to keep the stadium with its B&B.

One thing with the stadium; some of the land around it (the car parks) was sold earlier this year to get some fast cash in coffers so technically you will own a stadium with no car parking.

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Did they just take on the debt then? I can't remember. Ultimately you're still looking at a £45m sale (with the debt included or paid off), which makes Bolton's sale price of £25-£30m seem a bit excessive.

They transferred the debt off the clubs books and onto the books of our holding co. It was always a bit suspicious why they didn't just clear it.

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What a mess, much as I detest the Chicken Chokers if they bailed out now we could be looking at a similar scenario.

Exactly. We could learn a lot from Bolton's plight.

Whilst I don't like them I appreciate that as clubs we have a lot in common. Similar support, similar infrastructure and overheads, similar record of performance over the last 10-15 years, both came down at the same time and have struggled to adjust to the Championship on and off the pitch.

Infact the only major difference these last few years has been the financial investment from above. Whilst Bolton have been in cutback mode before ultimately Davies has stopped his funding completely, Venkys have poured millions in and at this stage continue to do so.

But for all those who think that life after Venkys would be rosy, I'm far from convinced. Looking at Bolton, who are rumoured to be losing around £1 million a month compared to our £2 million a month, the situation when the owner has had enough can be dire.

Bolton don't have a queue round the block of very wealthy people prepared to put tens of millions a year in just to keep the club going. It seems they have a number of interested parties yet none of them have the required funding to take it on and support it long term. Even when Davies announced he was 'writing off' his £175 million, it hasn't seen major serious interest because the club is still losing money rapidly. Likewise if Venkys were to 'write off' their loans from the last few years we would still need to find someone prepared to pump in £15-20 million a year to cover losses, not to mention another £20 million to buy Venky's shareholding.

I might be in a minority here but I'd sooner be mid-table or above with Venkys running the show than bottom of the league and heading to League One and probably administration if they decided to pull out like Davies has done.

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I read somewhere else that Gary Neville is going to Valencia.

He has done.

What surprises me with QPR-Fulham is that from the outside perspective Fulham is a much more stable club with more potential. Strange they're struggling for a manager, less so for QPR.

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One or two rumours that Fulham are in trouble with FFP after their huge spending over the last couple of years and so any new manager will have to work on a limited budget or even an embargo.

Meanwhile QPR carry on without a care in the world. Still no decision from the League I see.

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Infact the only major difference these last few years has been the financial investment from above. Whilst Bolton have been in cutback mode before ultimately Davies has stopped his funding completely, Venkys have poured millions in and at this stage continue to do so.

Have they? Agree with most of your post but this is the bit I remain sceptical and confused about in general. If Venkys are pouring millions in then why is our debt shooting up by tens of millions every year? Seems to me they're not putting their own money into Rovers, they're simply borrowing it. And if the money is the club's debt rather than Venkys' debt (as seems to be the case), then as far as I understand it at any point Venkys could just declare us bankrupt and we'd either go into administration or be disbanded.

If any of that isn't true then great. If all of it is true then Venkys are literally doing nothing for us, Burnley supporters club could have bought us and then racked up £80m of debt against the club just as easily.

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Have they? Agree with most of your post but this is the bit I remain sceptical and confused about in general. If Venkys are pouring millions in then why is our debt shooting up by tens of millions every year? Seems to me they're not putting their own money into Rovers, they're simply borrowing it. And if the money is the club's debt rather than Venkys' debt (as seems to be the case), then as far as I understand it at any point Venkys could just declare us bankrupt and we'd either go into administration or be disbanded.

If any of that isn't true then great. If all of it is true then Venkys are literally doing nothing for us, Burnley supporters club could have bought us and then racked up £80m of debt against the club just as easily.

What I meant was somehow or other they are allowing lots of money to go into Rovers to fund a payroll and infrastructure that the club could not afford on its own steam. Gates of 11,000 wouldn't do the job.

I don't think anyone really knows the precise nature of how Venkys are doing things or why.

Burnley supporters club couldn't have racked up £80 million of debt because they would have had nothing to secure it against. No bank is going to continue to keep lending money to a loss making company like Rovers without some additional security which is presumably where Venkys come in. As yet there has been no indication that the bills won't be paid and they won't keep the wolves from the door and there hasn't been for 5 years. Obviously that could easily change, and then we have a problem, debt or no debt our outgoings every month are too high for the club to manage and we need a benefactor to cover the difference.

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