Seems the type to sit out his contract although his international career is important so downing tools and sitting out might not help that. Personally i'd be offing him to the first club who'd take him on outside of England.

Yep and there have to be reasons so many get involved and are happy to run with these kind of loses. I'd imagine the loopholes are plenty and advantageous in ways only specialist accountants and highly trained lawyers can exploit.

It's the one and only constant positive they've managed in their time here apart from actually keeping the lights on at the club despite numerous close calls. They deserve a bit of credit for standing firm on the academy as it's on record one or two managers and execs would prefer a lesser of different model, one of them is still drawing a fat salary and benefits so we can never rule it out whilst he's around. Lets not forget though that grants make up a large slice of the running costs for it and it's not beyond the realms of possibility that the Academy has had to make cutbacks as well. Only in the future would we begin to see if that has a negative affect or not as by the nature of that model it would take time to show unlike instant hits at first team level through players sales etc.

Look in the mirror lad you only acknowledge the half truths that suit your own narrative.

So the one and only thing that would make sense is put it up for sale at the price they paid. Crazy looking at it when it hasn't increased in value one jot in 14 years despite over £150 million in 'investment' on their balance sheet. And is actually one fixed asset lighter in terms of the training ground which would mean they'd have to knock that off the price unless they gifted it back. So a 200 million 'asset' is now worth about 15-20 million in potential sale price with the added caveat it'd come with an instant annual loss of 10-20 million once present transfer income is concluded. No wonder their authorities are having a closer look at it, whether by design or not it absolutely reeks of creative accounting or Persil.

What percentage ?

You can see the exact same thing will happen under Eustace he'll be shrugging his shoulders soon and boasting about possession stats and player value every time we lose.

If 25 million was paid into the VH bank account it would count as income and it's the reverse of 20 million going out every year, so surely that would be liable and also maybe over here as well so a double whammy making a sale pointless for the money they'd get.

That's a fair point actually, if they sold it tomorrow for 25 mill and cut the losses how would they get that money back into India ? Or more importantly back into their own pockets and not into the VH group accounts which would then surely be liable for a large wad of tax ? As iv'e always said it's more suited to their group accounts to lose ten or twenty mill through the club, up until now of course. Selling it might be pretty pointless for a whole host of reasons seeing as they don't need the money personally and the hassle involved and potential skeletons mean they'd rather just leave it and ignore it whilst (up until recently) enjoying any tax perks it might have provided.

Iv'e tried to explain that several times over but he doesn't want to know it's easier to cry about doom that asses the situation using other examples. The only one some want to ever flag up is Bury for some bizarre reason yet i'd say another decade of this and we are more likely to end up like them if this ownership continues and something finally gives. The general idea amongst a lot of still attending fans seems to be 'ah well they keep chucking in 20 mill and paying the bills so one day we'll get lucky'. Well those days are gone now so what next ?

Who'd be surprised if we started that season with another decimated squad, searching for a new head coach, no budget and the threat of relegation and next to no funding. Join us for the fight against relegation in our 150th birthday season - adult ST's start from £400.

And they've said they'll still fund if that gets pulled, not sure how that would be possible.

Barry Bling and his series of unfortunate events coincidences.

If the external debt was about 10 mill or less and Venkys wrote off the money on the balance sheet they are never ever going to get back no matter what then this club is a brilliant buy for someone with funds and a proven plan in line with some similar clubs.

No surprise he had a good relationship with Kentaro.