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9 hours ago, ChinaOwl said:

I guess Monk's first move then should be handing the captain's armband to Fletcher and sitting down together to sort the mess at first team level. After Saturday's performance, Monk has the perfect opportunity to do just that.

Dosent need to be fletcher to be honest, just someone that's vocal on the pitch and can organise and motivate on the field. 

We may start to see a glimpse of the old Tom Lees returning. He hasn't been the same player since becoming captain. 

He's a foot soldier, a grunt for want of a better phraze,he's a good defender when just expected to go out and do what he's been asked to do and not think about anything else. 

The lad can't handle the pressure of command, seen it plenty of times, especially when the going gets tough. 

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1 minute ago, morley said:

I think we're actually discussing semantics here.

 

DC will have to pay the club for the ground, whether it be by cash or by writing off loans.

 

If he wants to sell the big issue is how much of the residual debt + ground valuation will he want to recover?

 

If he wants a big chunk of it then he, and we, have a problem.

 

Have you any idea what his total loans amount to at this moment in time? (I'm just interested to know)

 

It might be semantics but Chansiri could sell the club without the ground costing him owt. That's the bottom line. Just hand over the deeds to the new owner and write off what little has already been exchanged for the purchase.

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What happened to the Chairmans questionnaire ?

 

The one that stated should we continue to keep prices as they are and continue with the current level of investment (or words to that effect)

 

 

does anyone know what our level of investment was before and after this questionnaire ?

 

 

 

 

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6 minutes ago, bradowl said:

 

But as well as owning club he also now owns ground, whatever it was valued at he'll want that money plus rest of it he's thrown at it. 

 

All these players on mega contracts want paying, so if Chansiri said "that's it I'm not putting another penny in, where does money come from?

 

We could become next Bury and Macclesfield within weeks not months.


How many players do we have on mega contracts after the summer?

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56 minutes ago, @owlstalk said:


That’s just one

 

That doesn’t make it virtually guaranteed to go up by spending more

Nobody says it virtually guarantees anything but the more money you have to spend on players the better your chances. Also the better your scouting the better your chances, the better your coaching/manager, the better your chances. There are a lot of factors involved, they inter-react. Nothing is simple.

 

Nothing guarantees promotion but being a well run club with good funding makes it more likely than being a disorganised outfit with barely 2 ha'pennies to rub together.

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Just now, pat blondeau said:


How many players do we have on mega contracts after the summer?

 

None I hope. 

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5 minutes ago, morley said:

I think we're actually discussing semantics here.

 

DC will have to pay the club for the ground, whether it be by cash or by writing off loans.

 

If he wants to sell the big issue is how much of the residual debt + ground valuation will he want to recover?

 

If he wants a big chunk of it then he, and we, have a problem.

 

Have you any idea what his total loans amount to at this moment in time? (I'm just interested to know)

£78m in July 2018 having risen from £38m in May 2017. Cash absorbed by the business in the 14 months was £27m so at the moment 19 months later probably comfortably north of £100m.

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11 minutes ago, morley said:

I think we're actually discussing semantics here.

 

DC will have to pay the club for the ground, whether it be by cash or by writing off loans.

 

If he wants to sell the big issue is how much of the residual debt + ground valuation will he want to recover?

 

If he wants a big chunk of it then he, and we, have a problem.

 

Have you any idea what his total loans amount to at this moment in time? (I'm just interested to know)

 

Edit: Just to add - If he's willing to write off the whole lot and walk away for an easier life then he, and we, may just get lucky

I wish he would. 

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Just now, bradowl said:

 

None I hope. 


Rhodes and Westwood I believe still contracted until 2021. 


Bannan, Reach and Lees aswell who are on over 20k a week and contracts expire in 2021.

 

Other than that we only have Palmer, Iorfa, Borner, Luongo, Wildsmith and Dawson. Don’t think there’s any mega contracts there 

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4 hours ago, pat blondeau said:

Is there any chance the EFL could disqualify Chansiri under the Owners and Directors test as they did with Cellino at Leeds?

 

Would that be a good outcome for us now?

 

Given that he himself is facing an EFL misconduct charge, this is very possible.  Not sure what happens should it go that way.  I can't imagine the EFL have any power to force a sale, he could probably pass ownership to a family member.

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10 hours ago, Orlando_Trustful said:

I have been on here many years but never been ITK with stuff. However, today is the day after nearly a decade on Owlstalk that I join the highly esteemed likes of The Bizzle, Big Guns, Penguin and John Bloodaxe in being truly ITK. 

 

One of my friends (not an Owl) works at another Championship club and a guy who he knows from university currently works for us (I won't say the role but it is with the first team and U23). They met last week and got talking about Wednesday as he knows my family are all supporters and season ticket holders. This is what he passed on to me, some of it is very obvious stuff we can all guess, but some other things might be surprising.

 

- The first team were told that a points deduction is inevitable and is imminent (although DC is still committed to appealing it). He had heard 12 points was what had been mentioned to the first team and he does think this has really affected the performances etc

- DC wants out and has hardly spent any time at the club this season. He is also quite widely disliked by staff there

- If we do manage to stay up after a points deduction he doesn't believe DC will be spending much on big signings again

- Monk is apparently liked by the players and staff (surprising) and the way he speaks seems to indicate he plans to be here long term and use a new younger side 

- Westwood and Hutch have been pushed out after falling out with Monk. Apparently they both aren't that well - liked behind the scenes, especially with the newer players. He also described one of them as not a nice character

- There are some divisions within the dressing room 

- Fletcher is a legend and everyone loves him 

- Rhodes was due to sign for Celtic on transfer deadline day on loan but DC requested a ridiculous loan fee that Celtic didn't want to pay

- Monk has been told he can bring in his own backroom staff and wants a big turnover in the current playing squad in the summer

- In his opinion as an employee and not a supporter, the club massively lacks leadership and direction and it seems that things are just plodding along without any real aims. Just a sort of, 'let's hope we get promoted' without having any real plan. This stems from DC

- He has no idea why we haven't got a Chief Exec or an equivalent to run the day to day things at the club, especially seeing as DC is rarely ever at the club nowadays

 

Most it seems pretty plausible and nothing too groundbreaking. Enjoy garymegson

A Blind man on a galloping horse could have predicted all of that.

Get some new bait.

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10 hours ago, Orlando_Trustful said:

I have been on here many years but never been ITK with stuff. However, today is the day after nearly a decade on Owlstalk that I join the highly esteemed likes of The Bizzle, Big Guns, Penguin and John Bloodaxe in being truly ITK. 

 

One of my friends (not an Owl) works at another Championship club and a guy who he knows from university currently works for us (I won't say the role but it is with the first team and U23). They met last week and got talking about Wednesday as he knows my family are all supporters and season ticket holders. This is what he passed on to me, some of it is very obvious stuff we can all guess, but some other things might be surprising.

 

- The first team were told that a points deduction is inevitable and is imminent (although DC is still committed to appealing it). He had heard 12 points was what had been mentioned to the first team and he does think this has really affected the performances etc

- DC wants out and has hardly spent any time at the club this season. He is also quite widely disliked by staff there

- If we do manage to stay up after a points deduction he doesn't believe DC will be spending much on big signings again

- Monk is apparently liked by the players and staff (surprising) and the way he speaks seems to indicate he plans to be here long term and use a new younger side 

- Westwood and Hutch have been pushed out after falling out with Monk. Apparently they both aren't that well - liked behind the scenes, especially with the newer players. He also described one of them as not a nice character

- There are some divisions within the dressing room 

- Fletcher is a legend and everyone loves him 

- Rhodes was due to sign for Celtic on transfer deadline day on loan but DC requested a ridiculous loan fee that Celtic didn't want to pay

- Monk has been told he can bring in his own backroom staff and wants a big turnover in the current playing squad in the summer

- In his opinion as an employee and not a supporter, the club massively lacks leadership and direction and it seems that things are just plodding along without any real aims. Just a sort of, 'let's hope we get promoted' without having any real plan. This stems from DC

- He has no idea why we haven't got a Chief Exec or an equivalent to run the day to day things at the club, especially seeing as DC is rarely ever at the club nowadays

 

Most it seems pretty plausible and nothing too groundbreaking. Enjoy garymegson

In my best Obi Wan Kanobi voice :- "Haven't heard those names for a long long time".

 

Could do with some of Big Gun's gallows humour on here at the moment.

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Surely the players have known as much about the points deduction as the rest of us. In specific terms... Nothing. 

In general terms they will know that it's likely if not certain. 

They should be making sure that the club who are paying their wages do not suffer relegation as a result of any deduction. Even those out of contract may just be offered some sort of contract if they keep the club in the championship. As a professional they should not give less than 100% every time they walk onto the pitch. 

 

As regards the OP post....the most plausible and sensible post on the current situation. The source could be  identified from the description so hope there are no repercussions. 

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6 minutes ago, OwlOnWheels said:

 

Given that he himself is facing an EFL misconduct charge, this is very possible.  Not sure what happens should it go that way.  I can't imagine the EFL have any power to force a sale, he could probably pass ownership to a family member.

He's probably been "grooming" his son to take over. 

He's had more experience than his dad as he plays Football Manager. 

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45 minutes ago, morley said:

What concerns me most about all this mess is the situation with our ground.

 

Well it was our ground until DC sold it to another company for £80m to plug a gap in our finances and now it's his ground.

 

If he wants to sell up you would assume that any would be new owner will want to buy the ground back so they will have to find £80m for that before we even start thinking about the football club.

 

I can't see that DC could accept much less than the said £80m without blowing holes in his "valuation" previously submitted to the EFL as part of his attempt to comply with P & S restrictions.

 

Also, he needs £80m as I believe that he has not yet paid the club for the ground so once he has been paid he can then settle his obligations to the club.

 

I have no idea what level of debt the club is carrying but hopefully the £80m ground sale monies will take care of most of this as most of the rest of the club's assets will be worth almost nothing with player contracts running out all over the shop.

 

In this case we probably could get a new buyer if DC agrees to walk away and write of the substantial amount of his own money that he has spent so far, but if he is looking to recover some of his losses I fear we could me in for a long wait while he waits for the right "mug" to come along.

 

Unhappy times and still a long way to go in this saga :sad:

 

 

DC will sell for the best price he can get, that's only sensible. On the other hand the club is costing him money every day he remains owner, that gives him an incentive to bring his price down until he gets an offer. Say it costs him £13M every year to fund us, how many years is he going to hang on hoping for a sale?

 

At present he'd be lucky to get £50M for the club and the ground. We are unsure which division we are going to be in next year while ever the EFL P and S situation is unresolved. If once that is sorted we are still a Championship club then the price will improve. Get our finances in order and it might fetch more.

 

I can't see any situation arising where DC gets all his money back unless we get to the Premier League. He's going to have to take a loss. That's football.

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9 hours ago, meggoisgod said:

An entire squad full of spineless overpaid wasters led by an uninspiring manager and a chairman who doesn't give 2 hoots...what a time to be alive.

Saturday was the final straw for me

There is still Wednesday to endure. 

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9 hours ago, toppOwl said:

DC has never spent much time here as his visa doesn't allow him to so the fact that he's not at the club much doesn't really prove lack of interest to be fair.

How long is he allowed to be in the country? 

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9 hours ago, wilyfox said:

The OP makes sense. Not sure about the players having already been told of a points deduction though. Why would you tell them early? Always likely to be a de-motivator. 

Surely they can read. They must have an idea what's coming same as the rest of us. 

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2 hours ago, Minton said:

 

So we increased the matchday revenues by ~60%. It won't have covered the entirety of the wage increase but we would have failed P&S had we not done it. 

 

It didn't work, but it was close to getting us promoted. In hindsight, it was probably the wrong call, but hindsight is a wonderful thing.

 

And we did fail P&S having done it.

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55 minutes ago, torres said:

 

i'm sure they spent a fortune

 

They bought Ritchie, Hanley, Clarke and Gayle at least i think 

 

And how much did they recoup with incoming transfer monies..

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