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EFL have fresh concerns over Hillsborough sale

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On 24/09/2019 at 17:24, @owlstalk said:

The English Football League has asked Sheffield Wednesday to explain why a £38 million profit for the “sale” of Hillsborough, which enabled them to avoid sanctions for breaching strict financial regulations, was detailed in their 2018 accounts when Land Registry documents date the purchase to almost 12 months later.

 

Wednesday are among a number of clubs under scrutiny for exploiting a loophole that has allowed them to remain compliant with the EFL’s Profit and Sustainability rules by essentially buying the stadium from themselves.

 

But ahead of what could be a tense EFL clubs meeting on Thursday, with the row between Middlesbrough, Derby County and the EFL expected to escalate, The Times has learned that fresh concerns have been raised about paperwork that has been submitted…

Its a fair question

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Yes it's  a fair question. The fair answer may/should be as explained in MKOwl's posting on page 5.

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On 25/09/2019 at 01:01, Westfield Owl said:

As a fanbase, we can come up with all the anti-EFL conspiracies we can think of.

 

But the time it took the club to release our accounts in the summer speaks for itself.  I knew something was off from a very early stage this summer.

 

The boom-and-bust, short-term thinking of the early Chansiri years is coming to bite us.  He gambled with our club’s future and now we, the fans are feeling the pinch of his overspending on tripe Doyen Group signings.

 

The saddest thing is that when some of us queried the signings of Rhodes, Abdi and the second-XI of players that Carvalhal froze out of the first team picture, we were shouted down by the Chansiri admirers, who praised Delphon’s every move.  Some of those aggressors will still refuse to accept that he’s made mistakes.

"Some of us queried the signings of Rhodes and Abdi"?

 

This forum was creaming itself when Rhodes signed.

 

And Abdi was widely regarded as the best midfielder in the Championship before he arrived at Hillsborough.

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46 minutes ago, billyblack said:

Its a fair question

Perhaps they should have asked said question before accepting our accounts?

 

Can't help but feel there are some on here who are delighted with this latest story? 

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1 hour ago, markowl said:

"Some of us queried the signings of Rhodes and Abdi"?

 

This forum was creaming itself when Rhodes signed.

 

And Abdi was widely regarded as the best midfielder in the Championship before he arrived at Hillsborough.

 

*Search function*

 

It sure is easier to be right in hindsight

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1 hour ago, markowl said:

"Some of us queried the signings of Rhodes and Abdi"?

 

This forum was creaming itself when Rhodes signed.

 

And Abdi was widely regarded as the best midfielder in the Championship before he arrived at Hillsborough.

 

And many fans I know thought they were unnecessary gambles that didn't improve our starting XI.

 

They were right.

 

Fast forward to 2019 and we're having to sell our stadium to compensate for some of the crap expensive flop signings we've made since summer 2016.

 

I'm not bothered about being 'right'.  It's just a sad situation.  A totally avoidable one.

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11 minutes ago, Westfield Owl said:

 

And many fans I know thought they were unnecessary gambles that didn't improve our starting XI.

 

They were right.

 

Fast forward to 2019 and we're having to sell our stadium to compensate for some of the crap expensive flop signings we've made since summer 2016.

 

I'm not bothered about being 'right'.  It's just a sad situation.  A totally avoidable one.

I don't recall hearing much dissent at the time.

 

I think you're re-writing history to suit your argument.

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15 minutes ago, Westfield Owl said:

 

And many fans I know thought they were unnecessary gambles that didn't improve our starting XI.

 

They were right.

 

Fast forward to 2019 and we're having to sell our stadium to compensate for some of the crap expensive flop signings we've made since summer 2016.

 

I'm not bothered about being 'right'.  It's just a sad situation.  A totally avoidable one.

Yeah, course you did. 

 

Rhodes...yeah, there were a few who voiced doubts. 

 

No one did about Abdi. 

 

So yeah, you are bothered about being "right". 

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21 minutes ago, Westfield Owl said:

 

And many fans I know thought they were unnecessary gambles that didn't improve our starting XI.

 

They were right.

 

Fast forward to 2019 and we're having to sell our stadium to compensate for some of the crap expensive flop signings we've made since summer 2016.

 

I'm not bothered about being 'right'.  It's just a sad situation.  A totally avoidable one.

We haven’t really sold our stadium tho have we?

 

Chansiri owns the club including the stadium. He’s just shifted ownership of the ground into a new company name so he can get more of his money into the club 

Edited by Stoop

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1 minute ago, markowl said:

I don't recall hearing much dissent at the time.

 

I think you're re-writing history to suit your argument.

 

Why would there be 'dissent'?

 

They were new signings, so 99.9% of fans gave them a chance; as you would expect.  That doesn't mean that fans didn't have reservations or concerns.

 

I'd say it's Chansiri that attempted to re-write history with his "I bought Rhodes for the fans" nonsense he came out with a while back.

 

3 minutes ago, SiJ said:

Yeah, course you did. 

 

Rhodes...yeah, there were a few who voiced doubts. 

 

No one did about Abdi. 

 

So yeah, you are bothered about being "right". 

 

No one on this forum you mean?

 

What about the other thousands of fans who don't bother with OwlsTalk?  Everyone was jumping for joy - seriously?

 

1 minute ago, Stoop said:

We haven’t really sold our stadium tho have we?

 

Chansiri owns the club including the stadium. He’s just shifted ownership of the ground into a new company name so he can get more of his money into the club 

 

Yes we've sold it.  Read the accounts.  SWFC no longer own it.

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3 minutes ago, Westfield Owl said:

 

Why would there be 'dissent'?

 

They were new signings, so 99.9% of fans gave them a chance; as you would expect.  That doesn't mean that fans didn't have reservations or concerns.

 

I'd say it's Chansiri that attempted to re-write history with his "I bought Rhodes for the fans" nonsense he came out with a while back.

 

 

No one on this forum you mean?

 

What about the other thousands of fans who don't bother with OwlsTalk?  Everyone was jumping for joy - seriously?

 

 

Yes we've sold it.  Read the accounts.  SWFC no longer own it.

He’s effectively sold it to himself 

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Same old faces pop up to give DC and the club a kicking backed up by made upbollocks in all these types of threads.

 

I've noticed some folk have stopped with the United comparisons though more recently that they always used to spout.

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19 hours ago, SiJ said:

Perhaps they should have asked said question before accepting our accounts?

 

Can't help but feel there are some on here who are delighted with this latest story? 

Why would they do that? 

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