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Venky’s v Indian Government (a) - 25/3/2025 - Perennially Re-Arranged Challenge Match


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1 hour ago, SIMON GARNERS 194 said:

They barely communicate with anyone outside Pune Towers....people wonder where the rumours and speculation arises from?

Shhhhhhhhhhhh.

Behind bars tomorrow.. Post should be sponsored by carlsberg

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5 hours ago, SIMON GARNERS 194 said:

Anyone remember the Bonuses for Relegation?😵

I think that did turn out to be not entirely true but there was still a lot of dodgy things happening around that time.

Still, it was all the fans fault of course.

I'll try and find that article about the double relegation.

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Sadly they ain't on trial for crimes against an English football institution nor money laundering it's just a box ticking exercise, yes you can release funds/no you can't release funds we need more information, case adjourned !

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5 minutes ago, tomphil said:

Sadly they ain't on trial for crimes against an English football institution nor money laundering it's just a box ticking exercise, yes you can release funds/no you can't release funds we need more information, case adjourned !

Yes, the investigation is separate to this court appointment.

Hopefully they deny them sending funds and the president is set and they are denied in future.

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53 minutes ago, JHRover said:

I'm still at a loss as to why they need permission to send funds from India tomorrow when at least a portion of the Adam Wharton cash will have been received in the last few weeks.

Any ideas?

If you look at the October-December details last time, you'd imagine Jan-March is similar, so a fair chunk of the Wharton cash would be swallowed up. Those agent fees are enough to knock you sick. 

Screenshot_20240311_205844_Drive.jpg

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56 minutes ago, JHRover said:

I'm still at a loss as to why they need permission to send funds from India tomorrow when at least a portion of the Adam Wharton cash will have been received in the last few weeks.

Any ideas?

All earmarked for future transfers?? 

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2 minutes ago, MarkBRFC said:

Not sure what folk are expecting to happen.

Funding will be approved, and we'll limp on like this forever.

How can you possibly know that it will be approved?

The fact it has to go in front of a court in India surely makes it uncertain by definition.

Certainly a non zero chance it gets rejected on the basis the club has received funds in respect of the Adam Wharton deal...

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55 minutes ago, MarkBRFC said:

Not sure what folk are expecting to happen.

Funding will be approved, and we'll limp on like this forever.

I am interested as to the level of funding - enough to cover losses including or excluding Wharton fee - i.e. will we have a transfer fund this summer or will it be swallowed up to pay ongoing losses.

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11 minutes ago, DavidMailsTightPerm said:

I am interested as to the level of funding - enough to cover losses including or excluding Wharton fee - i.e. will we have a transfer fund this summer or will it be swallowed up to pay ongoing losses.

You would have thought that as any request to the Court for funding is to keep the lights on only and is not intended to be earmarked for funding transfers, then any amount authorised would be reduced by the amount of the first installment received for Adam Wharton.

On the other hand you'd sort of hope any monies to be received for Raya in summer might be able to be put towards transfers.

Remains to be seen I suppose.

 

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24 minutes ago, RevidgeBlue said:

You would have thought that as any request to the Court for funding is to keep the lights on only and is not intended to be earmarked for funding transfers, then any amount authorised would be reduced by the amount of the first installment received for Adam Wharton.

On the other hand you'd sort of hope any monies to be received for Raya in summer might be able to be put towards transfers.

Remains to be seen I suppose.

 

Wonder why arsenal didn't just buy Raya outright? Why a loan? 

430pm India time.. should be hearing soon.. anything on twitter?

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15 hours ago, JHRover said:

I'm still at a loss as to why they need permission to send funds from India tomorrow when at least a portion of the Adam Wharton cash will have been received in the last few weeks.

Any ideas?

There was a rumour that an amount of the first portion of the Wharton money would have to be given straight to Adam, who had a clause in his contract entitling him to 10% of his sale price (ie. 1.8m up front). The delay in the transfer was, allegedly, that Swag was trying to get out of paying it, or to pay it over the course of the contract (so 10% of each payment received). I don't have any insight as to whether this is accurate or not, but it might explain why the first instalment of the cash is underwhelming.

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