Keith Wyness

[Toronto Villa]

Love logging in to find we are on the verge of being fucked again

[Risso]

How on earth have we got in to such a mess?  Football finances are the easiest thing in the world to predict and account for.  Unlike most industries, you pretty well know what your income for the year is going to be, and what your outgoings will be.  Cashflows for a football club are extremely predictable, so someone, somewhere hasn't been doing their job properly, either in accounting for things, in which case the finger of blame points at the CEO and FD, or the owner, if he hasn't been providing the promised working capital.

We know that we're going to get £x for parachute payments, £y TV money, £z season ticket cash, and that we'll have to pay a group of players their contractual amount for the season.  If we've had a bit of a gamble on getting promoted and paying high wages to the likes of Terry and Snodgrass, then that's fine, but obviously the owner has to agree to that, and bankroll it, within the confines of FFP.

[David_Nab]

The very last thing we want here is a consortium.

They have no money individually so have to band together and empty their pockets out to raise the pennies.

The last 2 owners have been rich and been a shambles , maybe some constraint in spending stupidly would actually help us

[Matt Collins]

How on earth have we got in to such a mess?  Football finances are the easiest thing in the world to predict and account for.  Unlike most industries, you pretty well know what your income for the year is going to be, and what your outgoings will be.  Cashflows for a football club are extremely predictable, so someone, somewhere hasn't been doing their job properly, either in accounting for things, in which case the finger of blame points at the CEO and FD, or the owner, if he hasn't been providing the promised working capital.

We know that we're going to get £x for parachute payments, £y TV money, £z season ticket cash, and that we'll have to pay a group of players their contractual amount for the season.  If we've had a bit of a gamble on getting promoted and paying high wages to the likes of Terry and Snodgrass, then that's fine, but obviously the owner has to agree to that, and bankroll it, within the confines of FFP.

Hard to know what to believe but starting to look to me that we're dependent on working capital from Dr Tony and hes severely constrained in providing that from China

[sickbeggar]

How on earth have we got in to such a mess?  Football finances are the easiest thing in the world to predict and account for.  Unlike most industries, you pretty well know what your income for the year is going to be, and what your outgoings will be.  Cashflows for a football club are extremely predictable, so someone, somewhere hasn't been doing their job properly, either in accounting for things, in which case the finger of blame points at the CEO and FD, or the owner, if he hasn't been providing the promised working capital.

We know that we're going to get £x for parachute payments, £y TV money, £z season ticket cash, and that we'll have to pay a group of players their contractual amount for the season.  If we've had a bit of a gamble on getting promoted and paying high wages to the likes of Terry and Snodgrass, then that's fine, but obviously the owner has to agree to that, and bankroll it, within the confines of FFP.

Inexperience i guess. We were going up. Guaranteed. We had Mr promotion in charge. we had millions more money and better players than our rivals. Same happened with MON and Lerner. How could we NOT get into the CL? They never learn...

[Brassneck]

The very last thing we want here is a consortium.

They have no money individually so have to band together and empty their pockets out to raise the pennies.

The last 2 owners have been rich and been a shambles , maybe some constraint in spending stupidly would actually help us

Maybe - Personally, I'd prefer someone with a bit of money behind them.

[OzVilla]

Christ, what a way to start a day.   

I've long since stopped trying to work out what's going on at football clubs financially.  None of them ever appear to turn a profit and ,thanks to FFP, I've no idea why anyone would want to invest in a club outside the established CL teams anymore.  We used to be a graveyard for managerial careers, now we've become a graveyard for wealthy owners too.

[tomd2103]

The very last thing we want here is a consortium.

They have no money individually so have to band together and empty their pockets out to raise the pennies.

The last 2 owners have been rich and been a shambles , maybe some constraint in spending stupidly would actually help us

Maybe - Personally, I'd prefer someone with a bit of money behind them.

I think one of the dangers with potential buyers whilst in the Championship is that they arrive thinking the promised land of the Premier League is just around the corner.  Some want that instant fix and when they realise it's a bit more difficult then they originally thought, the interest seems to fade leaving the club in all sorts of trouble.  It's happened with Leeds, Forest and countless others.

[tomd2103]

Love logging in to find we are on the verge of being fucked again

Been following the club since childhood in the mid 80's and I can't recall a time when rumours of this kind were being talked of. 

[Brassneck]

The very last thing we want here is a consortium.

They have no money individually so have to band together and empty their pockets out to raise the pennies.

The last 2 owners have been rich and been a shambles , maybe some constraint in spending stupidly would actually help us

Maybe - Personally, I'd prefer someone with a bit of money behind them.

I think one of the dangers with potential buyers whilst in the Championship is that they arrive thinking the promised land of the Premier League is just around the corner.  Some want that instant fix and when they realise it's a bit more difficult then they originally thought, the interest seems to fade leaving the club in all sorts of trouble.  It's happened with Leeds, Forest and countless others.

That would apply to consortiums as well though.  It's looking possible that Xia has had the stuffing knocked out of him so if his heart isn't in it, the sooner he goes, the better.  In that scenario, we would need a buyer in and the place settled asap.  If we can keep the bulk of the squad together next season, we've a good chance at top 6 again.  The longer there is uncertainty, the less likely we are to hold on to our better players.

[tomd2103]

The very last thing we want here is a consortium.

They have no money individually so have to band together and empty their pockets out to raise the pennies.

The last 2 owners have been rich and been a shambles , maybe some constraint in spending stupidly would actually help us

Maybe - Personally, I'd prefer someone with a bit of money behind them.

I think one of the dangers with potential buyers whilst in the Championship is that they arrive thinking the promised land of the Premier League is just around the corner.  Some want that instant fix and when they realise it's a bit more difficult then they originally thought, the interest seems to fade leaving the club in all sorts of trouble.  It's happened with Leeds, Forest and countless others.

That would apply to consortiums as well though.  It's looking possible that Xia has had the stuffing knocked out of him so if his heart isn't in it, the sooner he goes, the better.  In that scenario, we would need a buyer in and the place settled asap.  If we can keep the bulk of the squad together next season, we've a good chance at top 6 again.  The longer there is uncertainty, the less likely we are to hold on to our better players.

It would apply to any potential buyer or buyers.  What you really need in the Championship is someone who wants to build a solid structure and not someone who just wants to try and jump aboard the Premier League gravy train as quickly as possible.   I guess the next couple of weeks will determine if Xia is still committed or not. 

[KevinGage]

The very last thing we want here is a consortium.

They have no money individually so have to band together and empty their pockets out to raise the pennies.

The last 2 owners have been rich and been a shambles , maybe some constraint in spending stupidly would actually help us

Maybe - Personally, I'd prefer someone with a bit of money behind them.

I think one of the dangers with potential buyers whilst in the Championship is that they arrive thinking the promised land of the Premier League is just around the corner.  Some want that instant fix and when they realise it's a bit more difficult then they originally thought, the interest seems to fade leaving the club in all sorts of trouble.  It's happened with Leeds, Forest and countless others.

What's Nicola Cortese up to these days.

Sorted Southampton out from top to bottom when they were in right two and eight. They had far less natural advantages than we have n'all.

[footyskillz]

Wyness. Glad he's left and I was very suspicious of him. I think he seemed ill suited to Tony's good intentions.

[myf]

It would be extraordinary for a suspended Chief Executive to ever return to the same company again. He'll resign 'freely' in the coming days or weeks I reckon.

Why wasn't he just fired?

[Drummond]

It would be extraordinary for a suspended Chief Executive to ever return to the same company again. He'll resign 'freely' in the coming days or weeks I reckon.

Why wasn't he just fired?

Process.