A drinking bench for someone who can’t spell lager.

I have attached the page from the accounts that is being referred to here, to add a bit more clarity (hopefully) Accounts BRFC Page.pdf

From what Crimpshine has posted above, the are being stopped from funding, not refusing to. All a bit confusing at the minute, but hopefully the club will clarify, but of course, we need to ensure they do so in an honest and open way, if that is possible. Good luck to WATR tomorrow and hopefully they can clear this up, once and for all.

So, they do not need to double up on any payment made, it is just the default position that they find themselves in, should they not use the funds for the stated purpose. Sounds pretty straight forward to me then, they have decide they don't want to fund us. I understand that a WATR trust meeting is to take place tomorrow, whereby a vote will take place regarding a plan of action. There is plenty of ammunition here now.

I suppose they key question is whether they are likely to lose the bond or not. Given it’s at least 9 months so far, since their last payment, it is looking like they think they will.

The ex Rovers Telegraph reporter, penning an article on the court hearing, but the current one hasn’t bothered. Perhaps he believes that it doesn’t affect Rovers, as Waggott has stated, but at least we now know, there is definitely no impediment.

You are right. There are people, who again say they support the club, who don’t know about the court case.

I guess what Brian P is checking will confirm this. Bond or guarantee could be the difference between them paying into an account or simply guaranteeing future funds.

It’s not a criminal matter.

It’s no different to them letting a Rothwell, or Brereton, walk for nothing. A few million turning into dust over night, so there is something deeper at play here, in my view.

That’s their prerogative, but hopefully there are stronger groups around to get him taken to task properly.

There are plenty of points raised on here alone, to blow that bullshit away, let alone the wider fan base It is over to the people with his ear now to make sure he does not get away with it.

Put another way, we need to sell some more players for £21m and quickly, to make up the shortfall of £7m per annum. I don't think the entire squad is worth that.

Hopefully someone is going to exert some pressure to ensure a statement is made, about what is a very serious situation.

Spot on. People thinking the £40m coming in from transfer and add ons is going to cover everything, may well be right, but that is the very short term picture. in a lot of ways, if a wage comes into a household for £3k per month and the regular out goings are £4k you can only sell your assets for so long, before you default. This is the position of our football club, as things stand.

It is highly unlikely that they will be able to make that statement again, in the next accounts, so in my view, they need to explain what the plans are, once we get there. That statement was made for a reason after all.

Look carefully at what Waggott himself has said about the way these funds are structured and assuming what he is saying is correct, we will not have enough to pay the day to day costs.

Just let that statement, written by Crimpshine and posted into the accounts sink in. This needs to be addressed by the people pulling the strings at Ewood and quickly. This is from the Chartered accountants that act for BRFC here, so it becomes very serious now. If the court does not permit the release of future funds, there will be a significant impact on the company's ability to continue to trade"

I would call that a mountain of Everest proportions.

This is exactly why Waggott's statement about no impediment needs to be called out. He knows only too well, that there is a huge impediment and that this is effectively meaning no funds are being made available for the running of the club. The fans deserve better and all he does is make fools of us and expect us all to be taken in by his bullshit. A request for funds has gone into the club has it, then please do let us know what the outcome of said request is then.

Those were the days when the fit and proper led to the likes of Robert Maxwell, owning the club, otherwise known as a consortium of would be pensioners, caught unawares. Its come a long way that fit and proper regime, as the likes of tax fiddling money launderers are now owning clubs.

I suppose you didn’t have to wonder now, how presenting the sales of players, spread out over several payments is a convenient way of showing the court, we are still skint?

Whichever way you look at this, why has Waggott gone on record to say, there is no impediment to them sending funds. Is it a bare faced lie, or does he not understand the meaning of the word impediment?

Has he heard about the court hearing yet?

If a NOC has not been issued today, they cannot send funds, in my opinion, so the big question is, was one issued? VHL.pdf