Anyone decipher this one?🔒🈵.🚶🏻🔜 #UTV
Quote from: ez on August 29, 2017, 07:41:54 PMAnyone decipher this one?🔒🈵.🚶🏻🔜 #UTVLock the gates. McCormack is leaving in this window - soon
https://www.bloomberg.com/news/articles/2017-08-31/chinese-aston-villa-owner-drops-purchase-of-hollywood-studio
A point of Information - again unfortunately.The first season after relegation, when Xia bought us - both Parachute Payments went to Lerner. They were 'Ring-Fenced' as part of Recon/Xia's purchase.Xia boasted at one time that not a penny of the Parachute Payments went on transfers.TRUE They went to Lerner.I'm not sure, and I can't find, if the second season after Relegation has similar riders.Personally I'd doubt it, as Xia probably assumed that the huge player investment guaranteed promotion, and I doubt that Lerner's advisors would have saught such a nebulous payment.I'd think, that this season we have the Parachute Payments for ourselves, and that they are probably to help support the WAGE Bill in the main.Cross-threading a moment When Bruce relegated Birmingham, he made the SAME claim as he has now.That players (inferring ALL of them) had a 50% wage cut on relegation.Was utter nonsense, and Brady herself refused to confirm or deny it, at the time, but the later records, long after Bruce ran to Wigan, proved his claim was a falsification. Their owners kept silent because it reflected on them as being astute - imoLikewise Xia /Wyness will be silent on this Bruce fantasy repeat - again imoSince all finances/contracts etc were under Brady's personal control, I don't think he would be privvy to them. It might be different here. He might know every buggars contract details- but again, I'd doubt it. SAF was probably the last Manager to have such insight or power amongst us bigger clubs.Can you imagine RDM knowing, or being bothered about player's private contracts? Or even Sherwood under Lerner?Yet Bruce knows these details But, there it is. Last season it was Xia / Recon investment, the Parachute Payments were beyond reach. This year, because his gamble failed, we are very close to the edge of FPP so no insane purchases, just sensible husbandry of financial resources.Parachute Payments would be a prop to support WAGES - imo.Promotion will come through astute team management and JT's influence 'off-the-pitch' - obviously
so he was at it then, in a sense, as he was the club's only shareholder?
Quote from: mr underhill on September 01, 2017, 09:09:11 AMso he was at it then, in a sense, as he was the club's only shareholder?He didn't take any of it out, if that's what you mean.