Jump to content

B16Rover

Members
  • Posts

    1508
  • Joined

  • Last visited

Other groups

Subscriber

Recent Profile Visitors

1238 profile views

B16Rover's Achievements

Uefa Europa League

Uefa Europa League (7/9)

  • Great Content Rare
  • First Post Rare
  • Week Streak Rare
  • One week done
  • 28 Days Later

Recent Badges

2.4k

Reputation

  1. Chicarito ex united wants a championship club ahead of the world cup. Let's stick him and Rhodes up top together for the last 30 of every game
  2. Currently the best English winger by goals and assists in Catalonia
  3. I think it makes sense you had a pint before posting
  4. It obviously means nothing but our 3 best rated players on the new FIFA are Tronstad, Cantwell and Hedges in that order
  5. I hate football I don't want my club to have a plan to 'build value'. In most ways it doesn't bother me in the slightest what the value is. Rather, the plan should be to 'get promoted' and given we finished 2 points off a playoff game worth 180m, we should be looking at what 'value' there is to those two points and questioning whether those nasty demanding snakes could've got us over the line with some reinforcements in January. The aggregator to it all, is this isn't the first 'transitional cycle' we've been through where some depth in January gets us with a sniff of promotion.
  6. Just a quick one, of the other 23 clubs in this league - are we the only doing YouTube videos justifying the summer?
  7. Post the star bucks, flash watch and car before a football
  8. For a simpleton like myself, is this the 12m guarantee reimbursed and 12m released to us. Or is it all future spend too? Edit:: It's 2025 and I have the literal worlds knowledge in my pocket. Chat gpt summary below ### 🔹 Currency Conversion (approx.) The Court order mentions liabilities and securities in Indian Rupees (₹). Assuming **₹1 = £0.0095 (approx. rate in Sept 2025)**: * **Liability under complaint**: ₹92.6 crores = **£8.8 million** * **Securities already furnished**: ₹314 crores = **£29.8 million** --- ### 🔹 What Has Happened So Far 1. **Earlier Permission (May 2025):** * Venkateshwara Hatcheries (VHPL) was earlier allowed to remit **£4.85 million** to its UK subsidiary (*Venky’s London Ltd*) but only after providing a **50% bank guarantee** (i.e., \~£2.4 million). 2. **Now (Sept 2025 Order):** * VHPL requested permission to remit a much larger amount — **£12.6 million** — to its UK subsidiary. * The government (Enforcement Directorate) objected, saying a case is under adjudication (complaint filed). * However, the Court noted that VHPL has already provided securities worth **£29.8 million**, which is far more than its potential liability of **£8.8 million**. * Therefore, the Court **allowed the remittance of £12.6 million WITHOUT requiring any bank guarantee**. --- ### 🔹 In Simple Layman’s Terms * VHPL wants to send money to its UK subsidiary to meet financial obligations. * Normally, the government might ask for a bank guarantee before allowing big remittances (to safeguard in case of violations). * But here, VHPL has already deposited securities with the Enforcement Directorate worth **over 3x its maximum liability**. * Because of this, the Court said **“you don’t need to give any extra bank guarantee — go ahead and send the money (£12.6m)”**. --- ### 🔹 What May Happen Next 1. **Immediate:** * VHPL can now legally remit **£12.6 million** to Venky’s London Ltd without providing a bank guarantee. 2. **Ongoing Case:** * The **complaint filed by the ED is still under adjudication**. The Adjudicating Authority will decide if VHPL actually violated any law (like FEMA). * If VHPL is found liable, the already furnished securities (worth £29.8m) can cover that liability (which is at most £8.8m). 3. **Future Orders:** * This permission is **interim** — meaning the Court may issue further directions in the main petition depending on how the adjudication proceeds. --- ✅ **Bottom Line for VHPL:** * You’ve got the green light to send the £12.6m to your UK subsidiary without tying up extra funds in guarantees. * But, the bigger case about whether any FEMA violations happened is still open, and final liability will be decided later. * Since securities already exceed the possible liability, you’re in a relatively safe position financially.
  9. Ah, does the Scottish window have different dates then? Saw something about Celtic trying to loan someone. But may have been more generalised
  10. Ignoring the inane conversations above from all of Sartre's waiters, does the loan window now also shut? And free agents?
  11. Gaffer, the new loans manager is the best striker in the club. He's the only one ever on side when I play a forward ball.
  12. Gueye would set some real records in the Turkish League. Records in the sense that with his positional awareness he may be the first man to play a game of football in both Asia and Europe at the same time at Istanbul away
  13. The lads in finance are allergic to ties and I'm not sure what a lifestyle executive is, nor why they need 3+ each with an assistant
×
×
  • Create New...