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Posted
6 hours ago, Paul Mani said:

I hate to say it, but I think a lot of you are massively overreacting. Talk of relegation and limbo etc..

 

We are in Limbo while Venky's are here.

Relegation is a real danger.

The debts grow and grow.

A lot of people have their heads in the sand.

  • Like 7
Posted
11 hours ago, Crimpshrine said:

We are in Limbo while Venky's are here.

Relegation is a real danger.

The debts grow and grow.

A lot of people have their heads in the sand.

Waffle. 

  • Like 1
Posted
Just now, Paul Mani said:

Waffle. 

Surely if nothing else you acknowledge that the debt continuing to rise is a problem?

If not, at what point should we start to panic?

£200 m, £300m, half a billion?

Posted
Just now, RevidgeBlue said:

Surely if nothing else you acknowledge that the debt continuing to rise is a problem?

If not, at what point should we start to panic?

£200 m, £300m, half a billion?

I suppose it gets to a figure that any increase doesn't make much difference.

Posted
Just now, RevidgeBlue said:

If not, at what point should we start to panic?

Does panic help though? Venky's have shown that neither passive, nor proactive, nor aggressive actions work. It wouldn't matter if 20,000 marched around Ewood, or if nobody said anything - its out of our control. 

Posted
1 hour ago, darrenrover said:

I suppose it gets to a figure that any increase doesn't make much difference.

Correct - it has already got to a point where realistically it can never be repaid because it dwarfs both the club's assets and the revenue increase in the unlikely event of promotion to the Premier League

Posted (edited)

Don’t worry Everyone we are going to go on a run like Villa did last season !  ( think they did 10 on the trot ) According to our manager .... and they were where we are currently before the run !! 
 

some will believe him too !! 

Edited by unleaded
Posted
Just now, unleaded said:

Don’t worry Everyone we are going to go on a run like Villa did last season !  ( think they did 10 on the trot ) According to our manager .... and they were where we are currently before the run !! 
 

 

I've seen this comparison with Villa a few times since Saturday.

Villa also changed manager in October just before they went on that run last season !!!

  • Like 3
Posted

The comparisons were with Sheff Utd early last season then when that fizzled out it was Preston now they've tanked us yet again we are somehow going to morph into Villa !

He really needs to STFU now but when you are speaking to people 3000 miles away i suppose you have to keep shouting.

  • Like 2
Posted
Just now, Hasta said:

I've seen this comparison with Villa a few times since Saturday.

Villa also changed manager in October just before they went on that run last season !!!

Werent Villa 13th in the league in March and ended up going on a great run and winning playoffs. 

Posted
Just now, chaddyrovers said:

Werent Villa 13th in the league in March and ended up going on a great run and winning playoffs. 

If Mowbray wants to use Villa as a comparison then on his head be it. The expectation at Villa was promotion and Bruce was fired when it was clear they weren't going the right way and the fans turned. 

Posted
2 hours ago, RevidgeBlue said:

Surely if nothing else you acknowledge that the debt continuing to rise is a problem?

If not, at what point should we start to panic?

£200 m, £300m, half a billion?

Of course we’re in debt. We’re propped up financially by our owners. This isn’t uncommon in football, especially amongst small town clubs like ours who want to be in the PL but can’t even fill our stadium. 

There’s essentially three options available:

1) Cut back to a point where we are self sufficient based on our income. This would realistically leave us in League 1.

2) Develop incrementally focussing on academy development with the odd splurge into the market for quality.

3) All out money ball approach. Gamble £50m in the summer with a focus on promotion immediately or risk sinking the club.

So what would your solution to this be?

Posted
Just now, Paul Mani said:

Of course we’re in debt. We’re propped up financially by our owners. This isn’t uncommon in football, especially amongst small town clubs like ours who want to be in the PL but can’t even fill our stadium. 

There’s essentially three options available:

1) Cut back to a point where we are self sufficient based on our income. This would realistically leave us in League 1.

2) Develop incrementally focussing on academy development with the odd splurge into the market for quality.

3) All out money ball approach. Gamble £50m in the summer with a focus on promotion immediately or risk sinking the club.

So what would your solution to this be?

Option 2 with a manager who can develop academy graduates by playing them when they deserve to and in the correct position whilst also operating successfully in the transfer market under a budget and not spend £15m on strikers who don't score goals whilst/because they're playing on the wing. 

  • Like 3
Posted (edited)
52 minutes ago, tomphil said:

At what point does debt become just money spent ?

I think we are in a lucky position in that the so called debt isn’t with banking institutions, it’s the owners themselves. They probably now need promotion to balance it all out etc, or it’s their loss, there is no way they could sell us for what they’ve spent.  Hopefully they get a bit more ruthless and get sacking

Edited by Sparks Rover
Posted
Just now, Sparks Rover said:

I think we are in a lucky position in that the so called debt isn’t with banking institutions, it’s the owners themselves. They probably now need promotion to balance it all out etc, or it’s their loss, there is no way they could sell us for what they’ve spent.  It’s like spending a fortune in doing a car up and it’s value still stays the book price...I think.

Yes, but if the debts keep mounting there might come a point in the future whereby the owners run out of liquid assets to secure the debt against or they decide enough is enough.

  • Like 1
Posted
Just now, Paul Mani said:

Of course we’re in debt. We’re propped up financially by our owners. This isn’t uncommon in football, especially amongst small town clubs like ours who want to be in the PL but can’t even fill our stadium. 

There’s essentially three options available:

1) Cut back to a point where we are self sufficient based on our income. This would realistically leave us in League 1.

2) Develop incrementally focussing on academy development with the odd splurge into the market for quality.

3) All out money ball approach. Gamble £50m in the summer with a focus on promotion immediately or risk sinking the club.

So what would your solution to this be?

2) but with the right manager which Mowbray most clearly is not.

Doesn't give the youngsters, a proper chance, hangs them out to dry in public, and his big money forays into the transfer market have proved disastrous.

Posted (edited)
6 minutes ago, Paul Mani said:

Of course we’re in debt. We’re propped up financially by our owners. This isn’t uncommon in football, especially amongst small town clubs like ours who want to be in the PL but can’t even fill our stadium - how many 'town' clubs have s stadium holding 30K+ and how many fill it!?!?  We could of course have a stadium like Bournemouth's and fill it every home game!

There’s essentially three options available:

1) Cut back to a point where we are self sufficient based on our income. This would realistically leave us in League 1.

2) Develop incrementally focussing on academy development with the odd splurge into the market for quality.

3) All out money ball approach. Gamble £50m in the summer with a focus on promotion immediately or risk sinking the club.

So what would your solution to this be?

Would have to be 3), however, you would need a manager who knew what he was doing and, IMO, Mowbray is most certainly not that man.  You buy quality with a resale value not, IMO, dross like Armstrong, Brereton and Gallagher.

Edited by Mercer
Posted
Just now, Paul Mani said:



There’s essentially three options available:

1) Cut back to a point where we are self sufficient based on our income. This would realistically leave us in League 1.

If every club were to adopt self sufficiency we would not realistically be in League One. Our revenues would be or should be greater than numerous other Championship clubs. 

Clearly if we adopted self sufficiency whilst everyone else carried on investing that is a different story.

Posted (edited)
On ‎27‎/‎10‎/‎2019 at 07:57, Stuart said:

Maybe this is who the uber fans take their cues from. People like Gally, Garner, Dunny who all back the incumbent because they never know who they might need a favour from at the club.

Upton Sinclair once said - " It's difficult to get a man to understand something, when his salary depends on his not understanding it ".

Edited by Tyrone Shoelaces
  • Like 4

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