[Blue Baggie]

That loan sounds exactly what id expect. They've had to charge interest on it in order to stop it being taxable as technically its an overdrawn directors loan. The reason there's no repayments or terms is because it not a real loan with a signed agreement etc. Its an owner or director taking money out of the club and saying its a 'loan' as they intend to repay it. Its not dodgy though as most companies do this. They just clear it by a dividend at the end of the year.

The comment about average wage though is a bit ridiculous. What, do our owners think we should be spending the same as the likes of Reading, Wigan, Charlton etc? We make more money so we have more money to spend. It should be as simple as that, forget what everyone else is doing!

By the sounds of all those its looking like my figures in the original post were pretty much spot on! With the extra inflow of TV money this year from SKY into the championship and thereafter we should have more money, admittedly we lose 20m and then 15mil next year if we stay down but as my calculations above we should be able to just cope with that.

Why don't we sign players and basically say if you don't get promoted your wage will drop but we put a release clause in so you can go and earn more if someone is willing to pay? The simple answer is players are greedy in this day and age and don’t actually care about the club as long as they get paid.

But the point is, we should be able to sign players on 20-25k a year? how much is Dack on cant be more than that, but the outgoing cost will be more, which should be what the parachute payment will be for plus the incoming on sale of 1st team players. Its about buying smart now, buy young players on low wages, train them, get promoted and increase their wages or stay down sell high and do it all again?

I think everyone will be relatively happy to know we are building towards something even if we have to start again but we need to know that. I don't actually have trust that the current owners actually want to!

I enjoyed your thoughts, I believed we should have begun the rebuild last season and never had forgot everything bar promotion.
Even our attempt at promotion was half hearted. If we were serious we should have purchased a few more quality players. Just imagine if we had a couple of midfielders who could run and had drive and energy. We had several superb midfielders but all were past their sell by date.
If we had purchased Dack and Barnes we would have got our energy and been promoted champions - OK we would have spent £30 million, but our cheque this year for £35 million would have been replaced with one for £100 million. I don't like the PL but it's money keeps us alive. 
We had no one with the right "never say die" attitude. We didn't replace Evans - Ollson - Fletcher or Barnes when he left. We got left with a team of shoulder shruggers. So we had a makeshift team who made error after error and most we're busy looking at who was to blame.
As for finances - our new manager will have NO transfer budget. He can have half the money he generates via sales.
The other half will be going to the Lai pension fund. like the £30 million he smuggled out last season (all just an opinion of mine)
Dowling record is = since September he has not signed ONE single player - my confidence level in him is at ZERO
The rebuild has to be at the top - They have no vision or plan to do anything, so without the change we will carry on fumbling along in the wilderness.
It matters not I was a Baggie fan before they came and I will be a Baggie fan when they have filled their pockets and fkd off.