Mercer Posted August 7, 2020 Posted August 7, 2020 (edited) 2 hours ago, Richard Oakley said: That's the rumour that has been posted on this board. @arbitro If the loan/debt is secured against the land, yes. If not, no.I suspect the SBOI would 'get' the club. If you look at Companies House, you will see there are no charges registered against either The Blackburn Rovers Football and Athletic Limited or Venkys London Limited (holding company). This would indicate that the Raos have provided secured personal guarantees to BOI for Rovers' overdraft facililities. In the event of an insolvency, BOI will pursue Rovers for recovery of monies Rovers owe to BOI (very bad news for the club). If that debt can't be recovered then, as is usual practice with personal guarantees (secured or otherwise), the Raos will be asked to honour their guarantees; if they have the liquid assets to do so, then end of story. if they haven't, then BOI will then turn to their secured assets. Edited August 7, 2020 by Mercer Quote
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USABlue Posted August 7, 2020 Posted August 7, 2020 On 02/08/2020 at 19:50, bluebruce said: 25 not 24, but yeh a good age for a goalie. Should easily have 10 years or more left in him, and likely get better over the next 5 or so. From that video...not too many I'd put in the 'just wow' category, and I'd say most of them I'd expect Walton to have stopped too. But a few that I think you'd rarely or never see from Walton. Looks a bit like he has a tendency to parry when he could catch, but that's a modern keeper's disease. A lot of these were pretty much straight at him, and I find saves like that to be overrated, but some he came out well for, some good intentional parries on them (as opposed to it being blasted right at him, which I find it bizarre when a keeper gets praise for) and looks good at stopping them with his feet, which I think is an underrated keeping skill. It bugs me when I see a keeper beaten because they tried to get down to something they could have stopped with their feet. Only a highlights reel but overall I'm feeling fine about it if we get him at the right price. The real measure of a goalie is in their consistency though, and it's promising he got player of the season for Charlton, a team who I'm sure spent much of the season under the cosh. 65 goals conceded, only 2 more than us despite being 15 points lower. I wonder what a likely fee would be. A few suitors, and Charlton clearly rate him, but they just got relegated, have financial issues, and Phillips has a year left on his deal with no intention to extend apparently. Plus the current financial climate. A million with a sell-on? It also occurs to me that TM said his preference is for an experienced, older stopper, and a younger one to learn from them. I doubt Phillips wants to be the understudy. And just read this: Only Millwall's Bartosz Bialkowski recorded a higher save percentage than the Addicks 'keeper That sounds good to me! Sign him up. Looks good, seems to be able to spring from a stand still not like Waltont who always seems to need a step or two before diving. This has made him late to several goals he should have stopped. Quote
Exiled_Rover Posted August 7, 2020 Posted August 7, 2020 57 minutes ago, Bigdoggsteel said: Deal! Not for ol' Tone. Can't lose that pillar of the dressing room. 1 Quote
USABlue Posted August 7, 2020 Posted August 7, 2020 It's going to be another fruitless window as Mowbary aspires to mediocrity. Quote
Bigdoggsteel Posted August 7, 2020 Posted August 7, 2020 I hope it's not a case of no signings til Mowbray evaluates the squad in pre-season. He should really know at this stage. If that is what is coming out, I won't be taking it as a good sign. I will be calling BS. Quote
bluebruce Posted August 7, 2020 Posted August 7, 2020 https://www.lancashiretelegraph.co.uk/sport/18636225.salary-caps-introduced-championship-discussions-ongoing/ League One and Two introducing salary caps, well below what ours was in League One. No clarity there on how it affects teams who go down (as I'd argue that forcing them into a fire sale as soon as they go down would hardly encourage financial sustainability for relegated clubs). Implied that the Championship are considering a similar move, but not explicitly stated. They could be in talks about whether to delay profit and sustainability cut offs etc instead. Quote
JHRover Posted August 7, 2020 Posted August 7, 2020 Not sure how it will work. Surely Wigan, Sunderland, Ipswich etc. will need to make cutbacks. Surely they will need time to adapt. Bit unfair if they are sanctioned on contracts entered into prior to the rules existing. Then again that didn't stop us being nailed by FFP when a large part of our losses were from our Premier League days before we were subject to the rules. 1 Quote
Bigdoggsteel Posted August 7, 2020 Posted August 7, 2020 Can't help but think it would be good for us as we are kind of mid table on wages, peg the likes of Leeds etc back a bit Quote
Mattyblue Posted August 7, 2020 Posted August 7, 2020 Clubs will get round it, especially bigger ones; bonuses, paying family members as ‘consultants’, you name it! 1 Quote
Hoochie Bloochie Mama Posted August 7, 2020 Posted August 7, 2020 1 hour ago, arbitro said: That I don't know. I was told a bid from a PL club is on the table. do you think £10m is a fair price, based on ability contract-situation etc? Quote
phili Posted August 7, 2020 Posted August 7, 2020 Just now, Mattyblue said: Clubs will get round it, especially bigger ones; bonuses, paying family members as ‘consultants’, you name it! At the moment in L1 or L2 clubs have no income so not sure any of them want to get round it. From what i have heard so far, clubs are looking at cancelling contracts and renegotiate with who they want to keep etc. It will be interesting with the PFA stance on all of this, as if they are not agreeable and fans are not allowed back into grounds in the next 6 months, then potentially no L1 or L2 clubs will exist. Championship there will be some that want to get round it if a similar Quote
LDRover Posted August 7, 2020 Posted August 7, 2020 36 minutes ago, tomphil said: I'd prefer Norman at LB I'd prefer Andy of Erasure 1 Quote
Hoochie Bloochie Mama Posted August 7, 2020 Posted August 7, 2020 12 minutes ago, bluebruce said: https://www.lancashiretelegraph.co.uk/sport/18636225.salary-caps-introduced-championship-discussions-ongoing/ League One and Two introducing salary caps, well below what ours was in League One. No clarity there on how it affects teams who go down (as I'd argue that forcing them into a fire sale as soon as they go down would hardly encourage financial sustainability for relegated clubs). Implied that the Championship are considering a similar move, but not explicitly stated. They could be in talks about whether to delay profit and sustainability cut offs etc instead. £18m wage cap is being discussed for Champ but no vote planned as yet and not going to be in time for the coming season Quote
chaddyrovers Posted August 7, 2020 Posted August 7, 2020 51 minutes ago, OssyLad said: Arma ain’t going anywhere Can you say this is the case please? I want him to stay of course. Very good player at this level 1 Quote
tomphil Posted August 7, 2020 Posted August 7, 2020 The great football finance reset could finally be about to get underway and not before time. Those at the top end will be unscathed though i bet, in fact they'll be allowed to keep throwing obscene money around that increases every year. An 8 team Super League will be on the cards again before long. 2 Quote
Mattyblue Posted August 7, 2020 Posted August 7, 2020 4 minutes ago, phili said: At the moment in L1 or L2 clubs have no income so not sure any of them want to get round it. From what i have heard so far, clubs are looking at cancelling contracts and renegotiate with who they want to keep etc. It will be interesting with the PFA stance on all of this, as if they are not agreeable and fans are not allowed back into grounds in the next 6 months, then potentially no L1 or L2 clubs will exist. Championship there will be some that want to get round it if a similar There will always be the more ambitious L1 owner that will sniff out an opportunity, through promotion bonuses etc. You can’t imagine much of a fair playing field in a year or two if things become a little more ‘normal’. It would be a farce if attempted in the Championship. Quote
Bigdoggsteel Posted August 7, 2020 Posted August 7, 2020 6 minutes ago, Hoochie Bloochie Mama said: £18m wage cap is being discussed for Champ but no vote planned as yet and not going to be in time for the coming season Isn't that what ours roughly is? Perfect. Quote
arbitro Posted August 7, 2020 Posted August 7, 2020 10 minutes ago, Hoochie Bloochie Mama said: do you think £10m is a fair price, based on ability contract-situation etc? Transfer fees seem to be so arbitrary to me but I would personally sell. Quote
chaddyrovers Posted August 7, 2020 Posted August 7, 2020 (edited) Just now, arbitro said: Transfer fees seem to be so arbitrary to me but I would personally sell. so you would sell Armstrong for 10 million? I would be giving him a new 4 year contract with no release clause in the contract Edited August 7, 2020 by chaddyrovers 1 Quote
RevidgeBlue Posted August 7, 2020 Posted August 7, 2020 Hypothetically I'd say £10m was a very reasonable offer for Armstrong, he's a fairly in and out player who tends not to influence games on an off day. A fully fit Dack would be a different matter, I'd value him at at least £20m. That doesn't alter the fact that as things stand we'd be absolutely goosed if either were sold and in footballing terms they shouldn't be sold. You wouldn't trust the manager to reinvest the proceeds wisely and you'd suspect that in Armstrong's case he'd go on to do even better under another manager. 2 Quote
bluebruce Posted August 7, 2020 Posted August 7, 2020 Just now, chaddyrovers said: so you would sell Armstrong for 10 million? I would be giving him a new 4 year contract with no release clause in the contract He hasn't said it is Armstrong he heard about. Quote
Mattyblue Posted August 7, 2020 Posted August 7, 2020 Just now, chaddyrovers said: so you would sell Armstrong for 10 million? I would be giving him a new 4 year contract with no release clause in the contract Why would he sign that? 7 Quote
arbitro Posted August 7, 2020 Posted August 7, 2020 Just now, chaddyrovers said: so you would sell Armstrong for 10 million? I would be giving him a new 4 year contract with no release clause in the contract I haven't mentioned Armstrong. Quote
Richard Oakley Posted August 7, 2020 Posted August 7, 2020 32 minutes ago, Mercer said: If you look at Companies House, you will see there are no charges registered against either The Blackburn Rovers Football and Athletic Limited or Venkys London Limited (holding company). This would indicate that the Raos have provided secured personal guarantees to BOI for Rovers' overdraft facililities. In the event of an insolvency, BOI will pursue Rovers for recovery of monies Rovers owe to BOI (very bad news for the club). If that debt can't be recovered then, as is usual practice with personal guarantees (secured or otherwise), the Raos will be asked to honour their guarantees; if they have the liquid assets to do so, then end of story. if they haven't, then BOI will then turn to their secured assets. The Raos aren't directors of Blackburn Rovers. I expect that the collateral offered the SBOI was the clubs issued share capital as owned by VLL. It probably looked like a very sweet deal at the start. Quote
Bigdoggsteel Posted August 7, 2020 Posted August 7, 2020 Just now, arbitro said: I haven't mentioned Armstrong. So you know the player and it's not Armstrong? I'm getting confused. Has to be Dack so. Worth a gamble, but obviously we should say no. Quote
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