Jump to content

BRFCS

BY THE FANS, FOR THE FANS, SINCE 1996
Proudly partnered with TheTerraceStore.com

Herbie6590

Administrators
  • Posts

    4920
  • Joined

  • Last visited

  • Days Won

    16

Everything posted by Herbie6590

  1. Does the Eustace buyout money get paid in instalments? I demand to know…
  2. That’ll be me 😆 I used to live in Sutton Coldfield & worked in Derby - I’ve been telling lots of people how easy the commute is 😆
  3. I’m gonna have to keep posting this every hour or so aren’t I?
  4. That’s the question for which I have absolutely no answer…it makes no sense other than some kind of subjective wish to avoid reputational damage of being seen to walk away from a failure. 🤷‍♂️
  5. This crops up on here from time to time but if we are rational/factual for a moment we can discount it TBH. 1. Tax relief - it has been mentioned on here historically (by a former accountant) that there is no reciprocal tax arrangements between India & UK to allow UK losses to be written off against Indian profits. The tax write off angle therefore doesn’t work. 2. Offshoring debt - not sure what this means TBH. The UK companies are part of the consolidated group. When the group accounts are prepared, BRFC is included in those numbers. The vast majority of the debt incurred by UK companies is intra-group - it’s one company lending to another - how does the fact that the debt is owed by a subsidiary in the UK benefit them? 3. Venky’s bought a PL club - if they didn’t want a club in the PL - why not just buy someone like Wrexham or similar ? 4. Why would they not want the income that comes from being in the PL? It makes zero sense to suggest that they are so cunning they’ve worked out a mechanism that not having £150m coming in is better than actually having £150m coming in 5. Venky’s aren’t offshoring their money - they have bought assets in the UK. They slipped up by not accurately declaring the nature of some of those assets. The UK businesses don’t generate money, they absorb it. There aren’t great cash deposits in the accounts of the UK subsidiaries. The UK subsidiaries would be insolvent if cash wasn’t injected. Sometimes we can go down rabbit holes looking for complicated explanations of something much more simple. My take - they are so wealthy BRFC is a rounding error in the annual accounts & creates barely a ripple. They didn’t understand what they were getting into. They took lousy advice. Made some terrible executive (& managerial) appointments. Eventually they decided to introduce some rigour & they set a budget to be adhered to. They appointed trusted UK based staff to enact the budget. Enter SP & SW. SP & SW are carrying out the wishes of the folks who pay their generous salaries - namely “stay within the budget…control costs…don’t come to us for money except if there is a danger of insolvency/administration…” Venkys set the parameters…SP & SW carry out their instructions and act as a firewall. Thst’s why changing CEO changes nothing. We need new owners with a new vision, a commitment, a passion for the club.
  6. “Transfer fees don’t all come in at once…”
  7. They’re a massive organisation - be more troubling if they hadn’t…
  8. Because without it he could just resign. Without it being low he wouldn’t come in the first place ?
  9. Mentioned on Twitter as a way to boil the piss of a lot of fans…😆
  10. Furphy, Lee, Smith & Kendall all left for clubs in a higher division
  11. FYI - we are aware that the POTM database hasn’t added today’s debutants yet…we expect they will come through as it refreshed overnight but we’ll keep an eye on it. Vote for who you can now & check back tomorrow is the manual workaround for now…thanks.
  12. Annoyingly, the API hasn’t fully refreshed the database. On Tuesday, this added Kargbo after midnight so if the same happens again today then you should be able to add the new boys tomorrow. Apologies for this, but it’s a one off refresh - once they’re in, they’re in for the season. As noted elsewhere on here, we are working through the glitches the new version presented…this one is largely out of our hands sadly.
  13. It looks like the feed for the new signings hasn’t completely refreshed…we are following up - perhaps check later on - apologies
  14. You know the drill. Vote for your POTM in the new Match Centre now - in association with PSL Soccer Leagues… https://www.brfcs.com/football/match/1334966/blackburn-wolves
  15. I can’t see Duffer putting up with the nonsense here for long TBH
  16. For those of us with long memories, in 1991 JW pursued & secured Kenny Dalglish. As Venky’s have said they will respect his legacy I can only assume we are waiting on City getting rid of Guardiola or perhaps we go for Klopp… *THAT* is how far our ambitions have fallen.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.