Obviously you and I would stay and do the job for nothing but the honour regardless of a transfer budget. I think it's a stretch to expect a coach with no intrinsic loyalty to the club to potentially destroy his reputation as a coach by managing our decline though. I guess we'll never know, but I'd like to think he walked away relatively cheaply.
Still time for that, surely one big name (Nunes?) will now leave before the window shuts, seeing as there will be zero opposition from our new yes man of a head coach.
Have been told they are looking to take money out of the club......which came as a shock to me but looks possible now.
Yes, fair point, expect a surge of Hobbs / O'Neil picks to come in by the weekend then .....
It helps with interest payments. And money out is a bit more complex than it may appear. It could also be just FFP or purely cash flow. I certainly don't expect us to be in trouble outside of that - especially if we're paying off the entire coaching team!
Now, that would be interesting....
No m not, I’m predicting the future.
Agree. Fans need to take action now and demand Fosun to sell up.
I don't care what league my club exists in, so long as it exists.
No idea, but clearly no-ones offered to buy us for the sort of money they’d be asking, or I reckon they would have done so already. We may well get through this season, but they don’t want or are unable to invest and their decision making will eventually tank us IMV
The crazy thing is, their recent actions must've wiped millions off the value of the club... so now the ball would be in any buyers court... wouldn't it?
Wondered where Shi had worked before.
I know we have only seen the 6 in the photo shoots, but did you seen the size of his backroom staff on matchdays?, at some grounds there was not enough room for them all to sit pitchside.
Match days would have included his backroom staff, medical staff as well as the substitutes.
As predictable as day turning to night!
Correct me if I’m wrong though but mostly money generated by the club bought these players , whether it through player sales , tv money etc , so that’s not out of fosuns pockets it’s the clubs coffers …
It's not quite that simple, Flump. Fosun will have loans (bonds) from literally hundreds of banks. These bonds will fall due for repayment at various times. So it may be a 9% bond falling due for repayment in August, and then in September there'll be another bond falling due for repayment to a different bank. If they fail to make a repayment they're in default, and the whole house of cards comes down. So they'll desperately sell assets to meet the bond repayments coming due. One month it'll be a building, the next month it could be Max Kilman, one month - God willing - it will be Wolves as a whole. But they can meet a lot of repayment liabilities by selling our best players.
That really will be the trigger for direct action from fans
If this happens then fans should just stay away. Only way to show what an absolute ****show this
Add what might be a shaky start of the season resultwise to that and it will be one toxic mix indeed.
They could have added those millions to the supposed Alex Scott second bid and bought him.
You know if we do sell to a Middle-Eastern pseudo state it’s bound to be Yemen
As long as its not ISIS.
I agree Berlin.
Apart from paying off JL and his backroom team, the club now has to pay out for the new manager and his backroom staff.
I don't think we could even get close to Scott's valuation tbh. Sounds like we made the bids and then realised our financial position was worse than thought (or apparently so).
You will find thats over so many years and will stop the moment he gets another job.
portsmouth? leeds?
