Thread Rating:
2023: January Transfer Window
(08-04-2023, 12:21)Blue Baggie Wrote:
(08-04-2023, 11:42)drewks Wrote:
(08-04-2023, 09:22)Blue Baggie Wrote: We are in a dilemma our owners refuse to invest and we continue to slide further into debt. I can't see anything but administration to get rid of our owners. The sooner the better IMO

I've never thought about what 'being in administration' REALLY means...... does it take a club out of the hands of the owner and make it available to the highest bidder, for example?

Simply put answers only, please!  Blush

MSD now being owed £25m (Inc interest) could insist the club is wound up if it fails to repay it's loan payments. If we failed to pay let's say the £7.5 million owed to Hudds for Grant that would end up as  transfer embargo situation. Failing to pay taxes can result in administration where all assets could be sold to the highest bidder. The probable outcome IMO is that MSD will will take control and find a new suitable owner who has funds to pay them and financially secure the business.
Where we are then who knows, but IMO we will be at the lower end of the table or relegated
We can join many other great clubs that have fell from grace.

I hope such people exist.

How many Albion fans/followers are there? (Say 150-200,000?) Just thinking of how the dissolution of the Club will affect that great number, horrifically, should fill Jeremy Peace with utter shame, or even suicidal thoughts.
I was a great admirer of how he led us back to the big time. Some said he wasn't ambitious enough, but he did it pragmatically, we shouldn't forget.
But what made the bloke sell us to such a tw*t without serious consideration? Was it just for the big £££ ? How can anyone sell 150,000 of his own people down the toilet just for his own personal fortune? He and his family will struggle to spend all that loot in their lifetime!
Save your skin, ego, and reputation, Jeremy, and set up a deal to buy the Club back again. It will give you more pleasure and satisfaction than being a Black Country Trump.
Start every day off with a smile and get it over with
Reply
We need another striker.

Dike is great but far too fragile to rely upon. Asante is far from the complete article and Grant is a very expensive journeyman who should have been sold but given all that’s happened (Dike) is likely to stay.
Reply
(18-04-2023, 12:56)Stairs Wrote: We need another striker.

Dike is great but far too fragile to rely upon. Asante is far from the complete article and Grant is a very expensive journeyman who should have been sold but given all that’s happened (Dike) is likely to stay.

And just confirmed, out for at least six months this time.
Reply
The Biscuitman saga part 2. Revenge of the cookie.

DD#No1 Rolleyes Rolleyes
drewks likes this post
Ubique.
Reply
(19-04-2023, 13:55)Dingle-Dingle Wrote: The Biscuitman saga part 2. Revenge of the cookie.

DD#No1  Rolleyes  Rolleyes

Hey, YEAH....... who's more crumbly - Anchibe or Dike?? Huh Confused Doh
Reply
West Brom striker Daryl Dike likely to take 18 months to recover from ACL rupture - Injury Expert

https://www.westbromnews.co.uk/2023/04/3...daryl-dike

Maderia cake man.

DD#No1 Whistle Whistle
Ubique.
Reply
Sources: Sweeping changes imminent as £935m West Brom lifeline revealed.

https://www.footballinsider247.com/west-...ifeline-re

Don`t start dancing yet, just Sky money for EFL.

DD#No1 Whistle Whistle
Ubique.
Reply
Jay Mingi - Portsmouth midfielder linked
Reply
Hope he isn't minging.
Reply
We will be selling before we get anyone in.
If we can't afford to keep Pieter's it's things are tight. No parachute money £25m and £5m loan repayment. That's £30m less then last year and we had to take £20m loan out to keep going. With a few players binned that saves us a max of £5m a year in wages. Massive restructuring is needed across the whole club. 50% of employees have to go or Administration here we come.
Cash wise we have nothing unless we sell a few players.
2020 the year the bubble burst  Doh
Reply
« Next Oldest | Next Newest »


Forum Jump:


Users browsing this thread: 1 Guest(s)