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Sparks - T&A

Discussion in 'City Talk' started by How, Jun 26, 2020.

  1. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Suppose that's my point. Unless Rupp comes out and says we are in the shit then everything is fine. @Park bantam@Park bantam was just making excuses for us not doing what Mansfield are.
     
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  2. JonButterfield

    JonButterfield Star Player
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    Wigan have spent big and ambitiously expanded. Nice stadium, expensive players, training facilities.

    And now, administration.

    Be careful what you wish for ...
     
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  3. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    The new owners haven't done that.
     
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  4. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Wigan is an example why Rupp and Rhodes just need to be honest with the fans on where we are at.
     
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  5. Tony Wilkinson

    Tony Wilkinson Squad Player
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    If we say we're stuffed then that doesn't help with confidence and moral with supporters and prospected signings and if we say we're minted then we get our pants pulled down..
    We are best not knowing....
     
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    SJBantam likes this.
  6. Foghornleghorn

    Foghornleghorn Squad Player
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    You can not get anymore honest than taking season tickets off sale in the present climate.
    Season tickets are a huge financial part of any sports team and City have in my opinion been transparent in the fact they have ceased sales of a product that at this moment in time quite frankly doesn't exist at the risk of committing financial suicide and almost certain administration.
     
  7. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Maybe, the owners of Wigan have had the club for 4 weeks and then decided they didn't want to be in football so not putting any money in. So in admin now.

    Not great at all.
     
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  8. Park bantam

    Park bantam Regular Starter
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    And they could be the first of quite a few
     
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  9. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Unfortunately mate, you could be right.
     
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  10. trevor

    trevor Squad Player
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    The new Wigan owners may buy it back virtually debt free from the administrators, That is what Rhodes did with us
     
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  11. Rogered Tart

    Rogered Tart Regular Starter
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    There will be a few club waiting for someone like Wigan to open the gates. Now they have i'd expect a few more use the same strategy to clear some existing debts.
     
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  12. Lard Arse

    Lard Arse Impact Sub
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    They have net losses of nearly £17m in the last 2 seasons , hardly sustainable on a £11.5m turnover. An over zealous club/boardroom with ego's larger than their wallets.
    North West clubs Bolton & Bury with similar owners.

    They won't be the last in this climate, Coronavirus will tip many a club over the edge but it is not the sole cupability.
     
    Bantamsteve and JonButterfield like this.
  13. Lard Arse

    Lard Arse Impact Sub
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    It's all very dodgy, as only a month ago these new owners passed the 'Fit & proper owners test' where by they are supposed to provide 2 years proof of funding.
    Nice start for David Baldwin as EFL's new CEO
     
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  14. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Forget the fit and proper test

    What should happen is this..You put 1-2m in a fund for the club when you buy it, if anything happens to the club within 5 years of ownership the money is used for the club. After 5 years you get your money back, you can apply to use the money to help build improve the club off the pitch. If you decide to sell the club you get your money back and repeat.

    Something like that will test if the owner is serious.
     
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  15. Lard Arse

    Lard Arse Impact Sub
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    When Portmouth were taken over in their many guises , they had a Director whom passed the test who didn't actually exsist.
    To say it's not fit for purpose is an understatement.
     
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  16. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Edin and Rupp highlighted it was a load of ballocks.

    Edin - I know football but I have no money.
    Rupp - I hate football but I have the money.

    Ok...Joke!!
     
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  17. JonButterfield

    JonButterfield Star Player
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    Well, Rupp definitely has the money, I don't think the FA are interested in how much ability an owner has, just that they won't launder money, bankrupt the club, etc.

    They definitely didn't do any of that.
     
  18. Lard Arse

    Lard Arse Impact Sub
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    'Cough,cough' ex Manchester City owner Thaskin Shinawatra ;)
    Edit
    Still also amazes me that the fat *@?$ Evans , is still allowed to work in football after being found guilty by the FA of Tax fraud at Boston Utd.
     
    #198 Lard Arse, Jul 1, 2020
    Last edited: Jul 1, 2020
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  19. JonButterfield

    JonButterfield Star Player
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    Even MORE astonishing is that some City fans wanted him as manager...

    WTF.
     
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  20. Lard Arse

    Lard Arse Impact Sub
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    Jon
    I actually find his long term assistant Paul Raynor more repugnant. A throughly odious man with HIS antics on the touchline more so than fat knacker Evans. Allegedly quite the Bully boy
     

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