18-06-2019, 23:51
Seriously the JP loan which Lai has inherited has been outstanding for years and has only just come to light. With all the so called financial experts reviewing the clubs status clearly shows us they haven't got a clue. A £4 million black hole makes me wonder if this is just the tip of the iceberg.
I would like to see a copy of our clubs balance sheet, without the usual missing bits. Our finances are not making any sense and haven't since the day we were relegated. JP put in place flex down salaries to enable us to be financially secure if we were relegated. Despite that were told we were in debt and then we "didn't need to sell anyone" then we had to sell before we could buy. The funds we had to buy Dack in Aug a reported £15 million and the £10 million we got from the Chadli sale in Sept - (£25 million) this was gone when the Jan window came. Confirmed by our need to ask Barclay's for a loan.
Jenkins may know how an abacus works but he is not to be trusted. Where did these funds go, we didn't buy anyone? and please don't tell me the the loan players cost £25 million. I challenge the club to show us where it went. They appear to be asset stripping from the inside and will continue until we have nothing left. And I refuse to believe any idiot who claims these things cannot happen. If they can't see a £4 million black hole they simply haven't got a clue what's going on. These very things that cannot happen are happening.
I would like to see a copy of our clubs balance sheet, without the usual missing bits. Our finances are not making any sense and haven't since the day we were relegated. JP put in place flex down salaries to enable us to be financially secure if we were relegated. Despite that were told we were in debt and then we "didn't need to sell anyone" then we had to sell before we could buy. The funds we had to buy Dack in Aug a reported £15 million and the £10 million we got from the Chadli sale in Sept - (£25 million) this was gone when the Jan window came. Confirmed by our need to ask Barclay's for a loan.
Jenkins may know how an abacus works but he is not to be trusted. Where did these funds go, we didn't buy anyone? and please don't tell me the the loan players cost £25 million. I challenge the club to show us where it went. They appear to be asset stripping from the inside and will continue until we have nothing left. And I refuse to believe any idiot who claims these things cannot happen. If they can't see a £4 million black hole they simply haven't got a clue what's going on. These very things that cannot happen are happening.
2020 the year the bubble burst 