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Deathly silence

dollar'sbloke said:
He said we would have the maximum budget allowed AND that would be lower than last season as the regulator is tightening.
This loan will just be rolled over either to same creditor or another, whichever has the lowest charge! Not sure why people obsess on this.
The bigger pint is and we are typical, our budget and annual loss were the same. File under unsustainable across the board!!!
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I can read DB!
"If no sale is completed the budget will be reliant on Nicky and I continuing to fund the Club". I must be missing the words "which we will of course do".... Given how much cash we hemorrhaged last year that is a hell of an assumption you are making.
I am not obsessing on the loan repayment - yes it will likely be rolled over but given I am sure Smurthwaite was expecting repayment by now whether MP can get the loan rolled over at anything like the same interest rate must surely be debateable.
 
ADD said:
I can read DB!
"If no sale is completed the budget will be reliant on Nicky and I continuing to fund the Club". I must be missing the words "which we will of course do".... Given how much cash we hemorrhaged last year that is a hell of an assumption you are making.
I am not obsessing on the loan repayment - yes it will likely be rolled over but given I am sure Smurthwaite was expecting repayment by now whether MP can get the loan rolled over at anything like the same interest rate must surely be debateable.
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A budget is a budget, set by the owner. The cap is the maximum allowed. You introduce cash to conflate issues. It was clearly stated on air that it would be status quo regardless and our itk take over member pointed out the new lot would not be able to expand it.
Why are you sure smurf was expecting repayment? He is a wealthy near retired man with money to spare and got a desirable rate, I can relate to this but see the need for change odd.
Some like to spin negativity and others just ludicrously invent things through ignorance and even vendetta.
I view the reality through limited information and my take may well be beyond the most hysterical takes.
History will show Palios to be a benign owner at worst, which is good in this industry. Whoever owns us in August will have next to zero effect on the team, they are regulated out of it.
The sale seemed based on recovering £10m in Legacy costs plus £5m to move forward. Id guess they would hope to advance new revenue streams, lay works for new ground and mount promotion, before a new injection if say another £5m. Expanding everything incl losses but growing. Payback coming much later.
Legacy costs are probably now £15m so the in equation may not even exist very soon. See Colchester and Shrewsbury.
The hate campaign for Palios is crazy. At some point he may just not be able to pony up anymore. To imagine him going without replacement as many do is mental.
Bottom line you have to live within your means a so halve the budget, have lost income but hope something turns up like the 1980s. Only real hope us others have similar problems, but likely just yet.
NB if Palios isn't coughing up then the signings will make that perfectly obvious in fact you'd question the release list as we won't get any better. That is the reality, signing players no one else wants whereas to date we have signed players dropping from higher level mainly due to age.
 
Pslios said that the budget could be increased depending on the takeover being completed, so it can be expanded.
 
bigmart said:
Pslios said that the budget could be increased depending on the takeover being completed, so it can be expanded.
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Only if you increase the share equity we are now advised. Which seems highly unlikely as he also said the recent debts will be dealt with after the take over, orderly but over time. They could swap the debt by injecting equity though.
We are also advised here the new lot play the long game which doesn't suggest injecting and shuffling about millions within weeks is their style.
Fundamentally would you expand a budget that is already creating a £3m annual black hole? Most here realise any budget increase doesn't get a commensurate rise in incline, in fact it merely decreases the ROR.
Al thus seems academic as the tahe over looks far from imminent. I guess we will recruit similarly to recent summers and then the anti Palios mob will move the goalposts and blame him for wasted signings.
My prediction on the balance of probability injuries will be less and Clark will sign a gem or two with some duds.
 
I was thinking earlier, we probably have our smallest squad for some time at this stage of a pre season, 13 I think including some injured players.

Yet we have our earliest start to a season for some time with our first competitive fixture on 1st August.

No need to panic yet, but far from ideal.
 
Sparky said:
I was thinking earlier, we probably have our smallest squad for some time at this stage of a pre season, 13 I think including some injured players.

Yet we have our earliest start to a season for some time with our first competitive fixture on 1st August.

No need to panic yet, but far from ideal.
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And at least 2 of them will miss quite a bit of the new season
 
ADD said:
I can read DB!
"If no sale is completed the budget will be reliant on Nicky and I continuing to fund the Club". I must be missing the words "which we will of course do".... Given how much cash we hemorrhaged last year that is a hell of an assumption you are making.
I am not obsessing on the loan repayment - yes it will likely be rolled over but given I am sure Smurthwaite was expecting repayment by now whether MP can get the loan rolled over at anything like the same interest rate must surely be debateable.
Click to expand...
There is no guarantee the debt can simply be rolled over.
 
Rockford's Love Child said:
There is no guarantee the debt can simply be rolled over.
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All debt which is secured can be rolled over as long as you pay the going rate. Don't venture into things you don't understand. A more relevant point is what conditions have the £3m since come with and the ongoing new season losses?
 
I m Glad sits quiet.
Cos we 'll be scraping the bottom of th e. Barrel again
Quiet fidont upset me no more.
 
dollar'sbloke said:
Only if you increase the share equity we are now advised. Which seems highly unlikely as he also said the recent debts will be dealt with after the take over, orderly but over time. They could swap the debt by injecting equity though.
We are also advised here the new lot play the long game which doesn't suggest injecting and shuffling about millions within weeks is their style.
Fundamentally would you expand a budget that is already creating a £3m annual black hole? Most here realise any budget increase doesn't get a commensurate rise in incline, in fact it merely decreases the ROR.
Al thus seems academic as the tahe over looks far from imminent. I guess we will recruit similarly to recent summers and then the anti Palios mob will move the goalposts and blame him for wasted signings.
My prediction on the balance of probability injuries will be less and Clark will sign a gem or two with some duds.
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There are a number of ways the allowable budget can be increased. A direct capital injection increasing the equity in the club, which serves to boost the budget for the season where the equity is added or new or additional commercial sponsorship deals or increasing turnover. The first is the easiest, new owners with wide commercial links may find the 2nd quite straightforward to, the third will take time. It is my understanding that the incoming owners are wanting to do all three. I'd also say that just because things are currently quiet, simply because there is no new news to impart, that that doesn't mean that suddenly the take-over is in doubt or in some way 'delayed' - It is my understanding that as soon as or if the new regulator decided that they can simply rubber stamp the EFL approval, that the contracts could be then signed and take-over concluded as soon as the funds could be transferred, if the funds are already in an escrow account that would be immediately, if they need to be transferred from investment or commercial accounts that could take 4-5 days. If, however, the regulator decides that they themselves need to grant their own approval, they had previously stated that they would apply a 'light touch' to any process already substantially complete under the EFL process, which ours was, so approval should then be quick. Again, I understand the delay is simply because they are still filling desks at the regulator and, essentially, waiting for someone with authority to make a decision.
 
Hmm, I've just had a trawl for any new info, there is some chatter that because the Regulator is bound by law, they have to follow the provisions of that law, they have no leeway to do otherwise. As such, they will have to conduct the approval process under the new regulations. The 'conversation' has been whether the evidence submitted to the EFL process is sufficient to be able to do that, or whether additional information is required. The EFL process had operated with a consideration of the new process so hopefully there will be sufficient information. The good news is that there are strict timescales that the IFR have to abide by. If it is considered that the application for approval was made at the point the new regulations came into force, approval would have to be made by early August, though with the option for a 50 day extension should circumstances require.
 
With you on all this but can't help reflecting on the known history.
The deal two years ago was £10m to clear the decks and an implied £5m for short/medium term investment or losses!
We must be in hock for an extra £5m, so either they are relaxed about the project being effectively £20m.
Worse still as Palios correctly pointed the industry keeps hiking real wages making clubs less sustainable.
He also said the new debts will be dealt with timely but after the takeover.
It won't be good if they clear the debts by creating new debt.
It would be positive if they followed Palios's lead by swapping old debts with new equity, bringing in new investment and swelling the budget.
If the latter happens Palios has truly found a good bet for a new era. However 99% of take overs feature the former debt ladening, including mufc
I remain cautious and pessimistic, serves me well up till now.
In the osterman era unlike now we were completely in the dark. He published accounts as late as possible so reality was reported 18 months plus after the event. I suppose more.can be found online etc, but if they take over the entire boardroom, big shocks can be some tine in the making.
Osterman took us from 100k debt to 500k in two years without fans knowledge. I guess you could add a zero to that potentially nowadays and some
 
dollar'sbloke said:
With you on all this but can't help reflecting on the known history.
The deal two years ago was £10m to clear the decks and an implied £5m for short/medium term investment or losses!
We must be in hock for an extra £5m, so either they are relaxed about the project being effectively £20m.
Worse still as Palios correctly pointed the industry keeps hiking real wages making clubs less sustainable.
He also said the new debts will be dealt with timely but after the takeover.
It won't be good if they clear the debts by creating new debt.
It would be positive if they followed Palios's lead by swapping old debts with new equity, bringing in new investment and swelling the budget.
If the latter happens Palios has truly found a good bet for a new era. However 99% of take overs feature the former debt ladening, including mufc
I remain cautious and pessimistic, serves me well up till now.
In the osterman era unlike now we were completely in the dark. He published accounts as late as possible so reality was reported 18 months plus after the event. I suppose more.can be found online etc, but if they take over the entire boardroom, big shocks can be some tine in the making.
Osterman took us from 100k debt to 500k in two years without fans knowledge. I guess you could add a zero to that potentially nowadays and some
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If, as seems to be the case, the incoming investors will be financing a new stadium to the tune of £100M or whatever it ends up being, whether the purchase price and immediate operating capital equates to either £15M or £20M, or even £25M won't be so much of an issue. Looking at the way things may be set up, I suspect that whilst a few individuals may be financing the initial purchase, 'investment' in the new stadium will be through the Ascent Capital Sports fund itself, open to a wider investment base than just those who are named as owners, presumably with a financial structure in place to prevent the need for any of those investors to have to go through the owners, directors and executives tests. Which may look like a loan/debt, but would be structured differently and rather safer than a simple commercial loan. Again, until anything happens or is confirmed, all speculation but we'll see.
 
Bristol rovers who are active where all others near dormant, posted losses of £5.7m for the season before last.
Wheels keep going but for how long
 
It now seems that around half of the L2 clubs have made a signing of some sort, including fellow strugglers Crawley and Newport. Yet no sign of any transfer activity for Rovers. Irrespective of the takeover situation, the lack of any announced recruitment seems puzzling and fans are understandably getting concerned.
 
www.transfermarkt.com

League Two - Transfers 26/27

This overview shows all transfers of the League Two in the season 26/27. The clubs are ordered by their final position of the previous season.
www.transfermarkt.com www.transfermarkt.com

Pretty limited. We may have agreed with Watson but he is away as with other clubs
 
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