Rupp and Rhodes To Meet the fans !

If they are losing on average £30m a year there are going to be a lot of points deducted as the allow amount is £13m

 

Why would it be 30? They got 30 for two things. Firstly paying agents via a third party-10 points
Secondly coming out of admin without a CVA -20 points.

So not sure who you are talking to but I think they are making it up as they go along. Since the new rules came in we haven’t been in administration once let alone three times

http://news.bbc.co.uk/sport1/hi/football/teams/l/luton_town/7500435.stm

 

Didn’t Gordon Gibb state in the media that he wanted to buy the club back?
Could he be part of the consortium that keeps getting mentioned?

 

Take it that's a yes @Glenn Ackroyd

If it is a yes then the club might as well now tell the world it is the case unless we already have a buyer that is.

 

Making a loss in football is nothing new. Most clubs make a loss. It's manageable debt!

Bradford City seem to have this obsession of wanting not to be in the hole but has you've highlighted to even be successful you can't run like that.

For me when we come out with we're 2m in the red in Jan then it might as well of been 3m. Might of well of spent the extra 1m on players to keep the club up in div 1 but not doing this highlights to me that Bradford City is up for sale for we've serious problems!!

 

It’s £39m over three years if no equity is invested and you can lose more in your first seasons after relegation from the PL. You can exclude academy and infrastructure costs from the FFP figures, Villa’s academy costs leapt from £6m to £11m in 17/18. Wolves and Cardiff lost £57m and £39m respectively in 17/18, Villa £36m.

But yes, I think there will be a lot of points deductions coming up, the EFL need to enforce their rules or drop them.

 

Rupp has already lost on his investment, he would surely sell now rather than continue to lose more.
He must rue the day he got involved.

From our point of view, a double relegation cannot be ruled out so moving from VP could end up becoming a reality. Gibb has to be interested to protect his lease.

 

Yes it is, you don't need Glenn to tell you, he didn't know Mason was leaving till he saw my post on here. The club is very much for sale

 

Unfortunately the potential buyers price and the asking price are, lets say, somewhat different.

 

As has always been the case. Sometimes it is just a matter of waiting for some unfortunate sole to come along

 

It could happen again but i doubt it. The only people interested in buying this club know what this club is about and know its true worth, i guess all it takes is a couple of gullible clueless Germans to turn up with a suitcase full of cash and 'know football'.

 

Heard from a good source that he is.

 

We’d struggle to attract this Sole to our basket case!

 

Why would Gordon have to be interested, Two Legs? He has already had twice the amount he paid for the Stadium back in rent and sits on a residual value of the site (admittedly a small value) if it was to go for some other use, affordable housing being the obvious. Plus he would/could draw the value from the scrap steel, subject to market conditions, when the site was cleared and re-invest the whole into something else for the Flamingoland Pension Fund.
In terms of moving grounds can I take you back to PP's first season when we escaped relegation to the Conference. If we had been relegated I can tell you the morning after the last game would have seen BCFC cease to exist so if you're thinking of two relegations now and a climb back, in my humble opinion, forget it, not going to happen.
But as they all say, where there's life there's hope and whilst we all possibly think hope is all we have, lets cling on to that. Glenn and I will continue to work where we can, Glenn more at the sharp end than me. Mark Roebuck, another Ambassador is also on board with some IT work and along with Julian we are trying. We're not done yet and behind all that Stefan is still supporting as he promised whilst, as Glenn has suggested, possibly looking at new investment.
Keep the faith, I know it's hard.

 

Well, that's fair cheered me up.........not..!!

 

Being truthful doesn't necessarily make you pessimistic, Tony.

 

Better than Butterfield, I'd suggest that comments on a par with Rahic's "I know football"

 

Anyone would be mad not to buy a season ticket after that vote of confidence

 

And that's why its pointless for Rupp and Rhodes to speak. The truth might hurt.

 

Good lad, my wife and I already have ours and will not doubt be renewing our Ambassador memberships.