(17-01-2019, 18:36)Phil Penn Wrote: Sorry before anyone reads this - I was taking a back seat but had to respond to "Jenkins" latest statement.
A Conspiracy theory is now falling into place - no money to spend in the January window? - A Bank loan required now, as cash flow is at zero? - Expect 1 quality player to be sold now before the window closes. (Phillips/JRod/Dawson/Hegazi)? May answer why Fitzwater is staying? This now takes the pressure off the club as the fans demand for quality players investment now to help with a promotion push, can be ignored.
The new loan money that Jenkins declares has to be repaid in "June" - Means then No money will then be available for summer signings either?
Reduced Parachute payments by £10 million next season - Expect at least 2 more Quality players to leave to balance the books in the summer.
All great for building team spirit and confidence of our team and fans.
Now we can see why Mears - Hoolahan - Sako - Holgate - Barnes - Gayle are all on loan, because we are not going to spend any money on new players unless we generate transfer funds by selling established players. No Guarantee has been given that any funds generated by sales will be made available to Darren to replace them. (as the Chadli sale clearly demonstrates) The policy is survive on a shoestring. Until the club has a new owner we're on our way down. How Lai thinks he's going to get his investment back with a shoestring plan is beyond me. Jenkins is going to turn WBA into the new Walsall? Major changes in ownership and running are needed or that's the end of WBA as a worthy club. That's the reality from where I'm stood.
Sadly this will become Darren's legacy. Not Lai or Jenkins, we know they're not interested one way or the other.
I will be keen to read what others think about which way they see the club going now.

(17-01-2019, 14:06)silverbaggie Wrote: What has happened to the money from the Greed league last season?

Is the owner using WBA money to prop up other Business interests?

We can hardly be accused of splashing the cash on new players and our existing squad are theoretically on half wages, so what the hell is going on?

Have other forms of income (season tickets, shirt sales, ) seen a dramatic drop in income?

I am beginning to think that Jeremy made a serious misjudgement when vetting our present owner.

     

(17-01-2019, 22:22)betterthanbaird Wrote:

(17-01-2019, 14:06)silverbaggie Wrote: What has happened to the money from the Greed league last season?

Is the owner using WBA money to prop up other Business interests?

We can hardly be accused of splashing the cash on new players and our existing squad are theoretically on half wages, so what the hell is going on?

Have other forms of income (season tickets, shirt sales, ) seen a dramatic drop in income?

I am beginning to think that Jeremy made a serious misjudgement when vetting our present owner.

     

I don't have the statistics to hand and the situation in the championship won't be the same as the premier league, but I'm fairly certain that ticket and shirts sales make up a small part of any football club's budget nowadays, and you probably couldn't fund much from them alone. Have to agree that i'm not convinced about the owner though. Still think our current position is reasonable considering how dire we looked for so much of last season.

(18-01-2019, 13:59)Baggievicar Wrote: Where is all this stuff about finances? Can't see it on the club site.

(18-01-2019, 16:38)Phil Penn Wrote:

(18-01-2019, 13:59)Baggievicar Wrote: Where is all this stuff about finances? Can't see it on the club site.

Express and Star football pages I believe 
https://www.expressandstar.com/sport/football/west-bromwich-albion/