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Players Owed £12m & Possible Points Deduction


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Just now, bazapeps said:

Is it too much of a stretch to think chansiri is purposely doing things behind the scenes now because he is purely that stubborn.

 

these issues have been coming for a long time now and over a long time the value of the club has dropped further by the months and days.

 

yet no doubt he could have sold on at different stages, took his losses and moved on.

 

but instead he continues to lose more and more money and we end up moving from

one disaster to another. Is he that much of an idiot or is there something else going on? Does he want to actually punish the bad customers?

Not sure he understands that football is different to every other kind of business. Its a massive gamble, you roll the dice and can win or lose big time. However you should only put in what you are prepared to lose as the assets become practically worthless if defeated. The chances of recouperation are practically nil.

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5 minutes ago, bazapeps said:

Is it too much of a stretch to think chansiri is purposely doing things behind the scenes now because he is purely that stubborn.

 

these issues have been coming for a long time now and over a long time the value of the club has dropped further by the months and days.

 

yet no doubt he could have sold on at different stages, took his losses and moved on.

 

but instead he continues to lose more and more money and we end up moving from

one disaster to another. Is he that much of an idiot or is there something else going on? Does he want to actually punish the bad customers?

I don't think it's stubborn, I think he's spiteful and vindictive and yes I do think he's doing it on purpose.

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1 hour ago, Marpals said:

 

Why are the EFL a disgrace ?

Chansiri passed all the tests they set and he obviously had more than enough money available at first to get us promoted. 

Also see the York video all our fans from young kids to blokes in their 50's slavering over him thinking Wednesday had won the lottery.

There is only one person to blame and its not EFL. 

I already said later on that I was wrong to blame the EFL for our situation, it is purely down to Chansiri. However the Wigan situation is down to the EFL pure and simple, that's why they are a disgrace. 

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Guest Hornsby
4 hours ago, jonnyowl said:

Its not administration, all football creaditors have to be paid in full, even if we go into administration.

 

As for all other creditors, its all to Chansiri, what's he going to do pay himself 20p in the £1?

With refunds and loan repayment soon that's £20 million he clearly ain't gonna pay.

 

Plus tax no doubt.

 

He ll keep stadium and £90 million rent or sell for housing,  while club goes under.

 

And don't forget, he can write off losses here against Thai tax.

 

We are sunk.

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35 minutes ago, JLB99 said:

Not sure if it's been covered already, but don't the financial rules (ffp or whatever it bow is) say that owners can't just pump monies into an club? Isn't there an annual limit to the amount that can be gifted, a percentage of turnover etc? Is it the Club rather than DC who owe the players but lack the funds due to turnover have caused issues?

 

Wasn't the reason for selling the ground; by the Club, to one of his shell companies an attempt to get around the rules? Yes I know that was a huge mess up!  

 

Not  trying to defend DC just asking the questions. Like everyone on here, I hope, I want the Club to succeed and rise again with DC or a new owner. 

By agreeing contracts when it comes to FFP the money is regarded as spent anyway. That’s about profit and loss. We clearly have a cash flow issue.

 

Ungrateful sods. Have you forgotten Wembley? 

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Guest Hornsby
1 minute ago, Grandad said:

No news is good news

 

Literally

£12 million news to me.

 

Was thinking a couple. Max.

 

Staggering. Not happening.

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5 hours ago, Morepork said:

0A0267EF-EBA7-463F-A7C6-2DCF3B13C29F.gif

:Chansiri:d69.gif 

                       SWFC1972logo.png 

 

tenor.gif5c695fdb0c853ac734fd0d186a4aef55.giftenor.gif 

 

:Chansiri:kronkmissionaccomplished.gif 

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"The trouble with "lessons from history" is that we usually read them best after falling flat on our chins."   

 

"Girls are simply wonderful. Just to stand on a corner and watch them go past is delightful. They don't walk. At least not what we do when we walk. I don't know how to describe it, but it's much more complex and utterly delightful. They don't move just their feet; everything moves and in different directions . . . and all of it graceful."  Starship Troopers, Amen!        

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19 minutes ago, @owlstalk said:


231C48E9-DC7C-45DF-885A-82A5E4B4A60F.jpeg

 

 

Not like you to try and belittle people who don't offer anything other than an anti Chansiri suggestion! 

 

Who was it who said, on numerous occasions, that an insult against DC is not an insult against the Ccub? Therefore aren't the club and DC separate entities? So simple question is the money owed to the players by the Club and not by DC personally? Even if he wanted to/ is capable of paying them personally is he allowed to under the rules set out by EFL? 

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51 minutes ago, @owlstalk said:


 

This post has honestly made my day

 

Congratulations mate - it’s going to be the start of the best life possible and you’re gonna love it

 

I wish you and your missus and baby all the best and thanks for posting this good news - it’s made me put aside my absolute disgust for anyone still supporting this chairman and has given me a more positive outlook today 

 

Exciting times - enjoy!


Cheers mate, we’re a bit nervous but honestly can’t wait for the little one to arrive now. And at least I will have something else to preoccupy my summer than worrying about the fate of our club 🙂

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Guest Hornsby
12 minutes ago, JLB99 said:

 

Not like you to try and belittle people who don't offer anything other than an anti Chansiri suggestion! 

 

Who was it who said, on numerous occasions, that an insult against DC is not an insult against the Ccub? Therefore aren't the club and DC separate entities? So simple question is the money owed to the players by the Club and not by DC personally? Even if he wanted to/ is capable of paying them personally is he allowed to under the rules set out by EFL? 

Like Man U, Rangers and several Scottish clubs, he can issue new shares now and sell to fans for more cash.

 

Allowed under FFP.

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19 minutes ago, rickygoo said:

By agreeing contracts when it comes to FFP the money is regarded as spent anyway. That’s about profit and loss. We clearly have a cash flow issue.

 

Ungrateful sods. Have you forgotten Wembley? 

 

Yes, the issue is that there is far more cash flowing out than in.

 

 

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49 minutes ago, bazapeps said:

Is it too much of a stretch to think chansiri is purposely doing things behind the scenes now because he is purely that stubborn.

 

these issues have been coming for a long time now and over a long time the value of the club has dropped further by the months and days.

 

yet no doubt he could have sold on at different stages, took his losses and moved on.

 

but instead he continues to lose more and more money and we end up moving from

one disaster to another. Is he that much of an idiot or is there something else going on? Does he want to actually punish the bad customers?

 

42 minutes ago, OneManBand said:

I don't think it's stubborn, I think he's spiteful and vindictive and yes I do think he's doing it on purpose.


I think he’s just hopeless.

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