Ryan Sparks on Twitter

And?

 

That's what I've repeatedly said. Our entire existence depends on Herr Rupp.

 

I tell you something, this situation shows how dangerous the hand to mouth running of this club is. Not a single asset in a time of crisis where we have zero income for the foreseeable.

 

which is probably the same as a lot of clubs in our league

 

We'll be fine.

We'll just clap really, really hard.

 

Not surprised to see the losses from Rahic's uber-season are as high as that. Genuinely not.

Rahic signed top end League One players on top end wages, he just did an absolutely awful job of signing the right players that would complement each other. He created a strong contender for the worst and most expensive League One side of all time. I'd be interested in seeing what the other contenders might be, but I bet we'd be top right of that particular graph.

The idea Rupp hadn't put any money in or that somehow the books should balance with the McB money has been around since the flyover era, but given we hadn't seen anything on record and that the year end's didn't seem to satisfy competent financial minds, it's been a long slog to get any verification.

That verification might seem flimsy to some, but I'm satisfied that we've been paying silly money for silly players and Rupp is propping us up.

 

Stefan’s loan account. Loan.

He’s lending the club money. Don’t go thinking this is some sort of altruism.

 

I can't foresee how he will get any of it back in the next few years.

 

This is twice in a week I've agreed with you, Jon, Full credit to Ryan and the content of his tweet last night. Open and honest and on the nail, well done I say.
Many months ago I said at some stage I may document my dealings in the Rahic time but not now suffice to say that in the four years, almost, that I have known and had dealings with Stefan I have never found him to be anything other than honourable in his ambitions for the Club and his determination to right the massive (and I mean massive) wrongs of his so called partner.
Yes you can criticise the fact that Stefan might have taken a closer interest and he would be the first to admit that but having made the discoveries he did, matters which had been skillfully hidden in my view, he acted, although Rahic had effectively done a runner two or three days before Stefan followed up an earlier meeting with fan John Dewhirst (John tweeted or blogged about that at the time) with a second meeting with another individual fan. Both of these were in Munich, known about by no more than five people and forever to remain confidential in content.
Rahic knew the writing was on the wall and Stefan was badly hurt personally and reputationally at home and here, a situation which he has consistently vowed to rectify and I believe he will. The comments made by Ryan underline that commitment in hard financial terms.
Moving to Dubois comments, the response from Storck is spot on. Almost all lower league clubs work the same as us with one principle funder, start locally and yes non league has lower overheads but outgoings just the same. One funder at BPA, Halifax, Guiseley, Harrogate, York, then Accrington, Rotherham, Scunny, Bolton, Shrews and on and on.
We are no different, as Ryan says we are in for some hard times but there is no reason to doubt Stefan. Equally if the EFL insist on finishing the season behind closed doors (impossible in my personal opinion) then several clubs will go over the edge through incurring costs, travel, matchday overheads and so on with no return. If that happens let's see who survives. My money is on us being one and we all need to put our energy into encouragement rather than whining and carping about things like Season Ticket refunds or the possibility of having to pay for iFollow. My wife and I bought our Season Tickets weeks ago to put money into the Club, that is no longer possible but as soon as it is then lets get behind the Club.

 

The club is getting itself into a dreadful position.

 

Not only have you agreed with @JonButterfield but posted it twice .

 

Directors Loans are quite common Mike. With great respect to you as a long time fan, I didn't see too much criticism of Mark Lawn when Mark loaned £1 million when we were in danger. He got it back from success we would never have been around to have were it not for the loan BUT he could have equally lost it.
On a lot smaller scale when I was on the Board I made a Directors Loan to pay off a player who said he would see off the remaining season of his contract sitting in the stand. Like Mark I got my money back but might not have.
Easy to pick and pike, risky to put your hand in your pocket. Why not give it a try I'm sure Ryan would be delighted to hear from you.

 

Oh dear, shaky finger. RSI from too many jig saw puzzles!

 

I believe a few posters have had a similar problem.

 

Get to Scotland.

 

If they were playing and we weren't I might. Three clubs to follow, Brechin cos when I was a kid they always lost and I took pity, then we signed their keeper John Ritchie who was quite good.
St Johnstone who I watched on a school trip aged 13, Ally McLoud later Scotland Manager gave us free tickets.
Falkirk whose ground I bought when I was working, saw their last home game after which they were denied SPL football as the new stadium wasn't ready. That day Owen Coyle and John Hughes( Yogi) were joint managers after Ian McCall former loanee at VP had left them.

 

Thanks Roger, to be fair Mark got some stick for what was if I remember rightly was 9% above base rate, happy to be corrected there, and probably far better rate than a commercial lender would have offered at the time. He risked his kids inheritance and got his money back, fair play to him.
I’m not criticising Stefan for charging interest on a directors loan, lower league football was a huge risk before corona. He’s putting his money in and expecting it back, but it’s not a gift.
PS. I’d love to make a loan to City but if I’m investing our savings it’s going on a business I can influence, like the one I’m a director of.

 

Spain until a vaccine is found and watching City on ifollow sounds better than Scotland.

 

Interesting to read the post from @wetherbywhaler regarding Rhaic and his time at VP ,we were aware of the transfer debacle and his alledged interference in the dressing room etc . Was there at the time any grounds for an internal / external investigation into the financial dealings during his tenure ?.