Here's a question which will probably seem very naive to many of you, but I'm really no expert when it comes to financial things. Is Lerner a billionaire in the sense that, we'll, he has a billion dollars in his account, or is it such that he has assets and whatnot that are worth a billion?Because if its the former, he could actually afford to go quite mental in the transfer market if he wanted, couldn't he?As I say, I'm probably missing something glaringly simple on this one, but I was just wondering, really (I'm watching the NFL and was thinking of the sale of the Browns).
Because if its the former, he could actually afford to go quite mental in the transfer market if he wanted, couldn't he?
Football clubs wishing to take part in the UEFA Champions League or UEFA Europa League must balance their football-related expenditure over a three-year period up to the 2014–15 season.The 2011–12 season is the first season which counts towards the 2014–15 assessment. Clubs, however, will be allowed to make a loss of €45 million (£39.4 million) over the three years, falling to €30 million from 2015–16 IF the loss was covered by equity contribution only. The first season that UEFA will begin actively monitoring the financial situation of individual clubs is 2013–14, but this will take into account losses made in the two preceding years (2011–12 and 2012–13).From 2013-14 UEFA will be able to ban clubs from playing in European competitions the following season if the rules have not been met but it is not until 2018 that clubs will be expected to bring their annual losses below £8.8 million (based on 2010 exchange rates)
Does anyone think that RL will be attending every single game, home and away, as he turns 90? Will he bollocks.
Quote from: Des Little on January 13, 2013, 09:19:06 PMDoes anyone think that RL will be attending every single game, home and away, as he turns Do you think there might be a reason for that? Like he has absolutely nothing else in his life?
Does anyone think that RL will be attending every single game, home and away, as he turns
Quote from: Des Little on January 13, 2013, 09:19:06 PMDoes anyone think that RL will be attending every single game, home and away, as he turns 90? Will he bollocks.Do you think there might be a reason for that? Like he has absolutely nothing else in his life?
Thats a very fair point, granted. However at times like this, fans want visibility of the people in power...they want reassurance and some hope that there is a plan in place. For all his faults, old Doug had something to say...even if it didn't go down too well with many. Lerner's silence is deafening.