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Post by Ginger Ogre on Jul 12, 2019 22:44:48 GMT 1
Its a fixed and floating charge over all the assets of HTAFC. Essentially it means major assets cannot be sold off without the debenture holders agreement. Am surprised tbh, but it may suggest payment to dean is not in one lump sum, but deferred over a period.......or dean is protecting his 25 per cent interest by not allowing asset disposals without a letter of non crystallization. From what I know, Phil is paying for the 75% share in club in installments, so you are right that he wouldn't then be able to sell a load of stuff without Deans agreement. |
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Post by Ginger Ogre on Jul 12, 2019 22:51:21 GMT 1
For all of us like me, who don't look into the business dealings that closely, the question is simple. How come we've just come out of the richest league in the world and are signing fuck all players? The idea of Parachute money is there to pay players who have been signed while in Premier League on big wages, it's to soften the blow and allow the clubs who go down to pay them without getting into masses of debt due to reduced income. It's like owning a big house, but then losing a well paid job and getting to a lesser paid job. If you have a small income that doesn't cover the mortgage, but had a big lump sum in a savings account, you would use some income and some savings to keep paying the mortgage until you could sell the big house and downsize. You wouldnt buy another smaller house while still owning the big original house. Thats what some clubs do and take a massive risk because if they don't go back up straight away all they do is get into more and more debt. Once/If we sell our bigger assets we can spend that 'spare' money on players that we can pay with new reduced income in mind. |
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Post by space hardware on Jul 12, 2019 23:09:54 GMT 1
Point is we've added fook all quality to last season's shite squad. That was a shite PL squad and we are now at a level below, in the Championship with inferior opoosition to the ones we faced in the PL. We haven't received a fee yet this summer for anyone we purchased while in the PL. We cannot simply keep adding to the squad as PH said in his last interview if we do then we'll have a 45 man squad. The task is to replace anyone sold this window, this has been stated multiple times by DH, PH and JW from before the end of last season Our income has gone down from £100m to about £42m, the rumoured wage cuts were only 40%. So selling and replacing is the only route to go. If we retain the biggest stars from last season then IMO that should ensure we'll be able to have ambitions to mount a challenge and if well placed in January I would expect the squad would be enhanced for a promotion run in. I'll be honest at the end of last season, I didn't expect to have Mooy, Schindler, Kongolo and the rest, still here at this stage with just 3 weeks until the Championship season starts. It is clear that the club line that we don't need to sell, which I felt was just a negotiating tool, appears to be an actual stance by the club. Agreed. However, imagine we receive big bids for two or three out of Mooy, Kongolo, Schindler and Hogg just before deadline day and can't replace them in time. It makes me a bit nervous on that front. |
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Post by Deleted on Jul 12, 2019 23:24:10 GMT 1
That was a shite PL squad and we are now at a level below, in the Championship with inferior opoosition to the ones we faced in the PL. We haven't received a fee yet this summer for anyone we purchased while in the PL. We cannot simply keep adding to the squad as PH said in his last interview if we do then we'll have a 45 man squad. The task is to replace anyone sold this window, this has been stated multiple times by DH, PH and JW from before the end of last season Our income has gone down from £100m to about £42m, the rumoured wage cuts were only 40%. So selling and replacing is the only route to go. If we retain the biggest stars from last season then IMO that should ensure we'll be able to have ambitions to mount a challenge and if well placed in January I would expect the squad would be enhanced for a promotion run in. I'll be honest at the end of last season, I didn't expect to have Mooy, Schindler, Kongolo and the rest, still here at this stage with just 3 weeks until the Championship season starts. It is clear that the club line that we don't need to sell, which I felt was just a negotiating tool, appears to be an actual stance by the club. Agreed. However, imagine we receive big bids for two or three out of Mooy, Kongolo, Schindler and Hogg just before deadline day and can't replace them in time. It makes me a bit nervous on that front. Common sense says we won't sell. Relegation is not an option. |
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Post by space hardware on Jul 12, 2019 23:59:33 GMT 1
Agreed. However, imagine we receive big bids for two or three out of Mooy, Kongolo, Schindler and Hogg just before deadline day and can't replace them in time. It makes me a bit nervous on that front. Common sense says we won't sell. Relegation is not an option. Hopefully. |
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Post by Boaty McBoatface on Jul 13, 2019 7:07:28 GMT 1
That was a shite PL squad and we are now at a level below, in the Championship with inferior opoosition to the ones we faced in the PL. We haven't received a fee yet this summer for anyone we purchased while in the PL. We cannot simply keep adding to the squad as PH said in his last interview if we do then we'll have a 45 man squad. The task is to replace anyone sold this window, this has been stated multiple times by DH, PH and JW from before the end of last season Our income has gone down from £100m to about £42m, the rumoured wage cuts were only 40%. So selling and replacing is the only route to go. If we retain the biggest stars from last season then IMO that should ensure we'll be able to have ambitions to mount a challenge and if well placed in January I would expect the squad would be enhanced for a promotion run in. I'll be honest at the end of last season, I didn't expect to have Mooy, Schindler, Kongolo and the rest, still here at this stage with just 3 weeks until the Championship season starts. It is clear that the club line that we don't need to sell, which I felt was just a negotiating tool, appears to be an actual stance by the club. Spot on with the numbers here.... those wanting to spend the owners money take heed.... even Sheffield Wednesday today have sold off their ground to raise cash.... Wrong, they sold their ground to comply with FFP rules. |
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Post by thrice on Jul 13, 2019 10:56:12 GMT 1
So who’s train set are we?
It would be interesting to know the dynamics of the key decision making from here on.
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Post by Town Duppy on Jul 13, 2019 11:16:26 GMT 1
That was a shite PL squad and we are now at a level below, in the Championship with inferior opoosition to the ones we faced in the PL. We haven't received a fee yet this summer for anyone we purchased while in the PL. We cannot simply keep adding to the squad as PH said in his last interview if we do then we'll have a 45 man squad. The task is to replace anyone sold this window, this has been stated multiple times by DH, PH and JW from before the end of last season Our income has gone down from £100m to about £42m, the rumoured wage cuts were only 40%. So selling and replacing is the only route to go. If we retain the biggest stars from last season then IMO that should ensure we'll be able to have ambitions to mount a challenge and if well placed in January I would expect the squad would be enhanced for a promotion run in. I'll be honest at the end of last season, I didn't expect to have Mooy, Schindler, Kongolo and the rest, still here at this stage with just 3 weeks until the Championship season starts. It is clear that the club line that we don't need to sell, which I felt was just a negotiating tool, appears to be an actual stance by the club. Agreed. However, imagine we receive big bids for two or three out of Mooy, Kongolo, Schindler and Hogg just before deadline day and can't replace them in time. It makes me a bit nervous on that front. I will labour on in my delusion that the club have already identified multiple replacements should the s**t hit the fan...….. |
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Post by Deleted on Jul 13, 2019 12:51:00 GMT 1
Spot on with the numbers here.... those wanting to spend the owners money take heed.... even Sheffield Wednesday today have sold off their ground to raise cash.... Wrong, they sold their ground to comply with FFP rules. Oh gee - not wrong - to raise cash to comply with permitted losses over a given time period - it's called the relationship between income and expenditure! |
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Post by Boaty McBoatface on Jul 13, 2019 13:30:47 GMT 1
Wrong, they sold their ground to comply with FFP rules. Oh gee - not wrong - to raise cash to comply with permitted losses over a given time period - it's called the relationship between income and expenditure! You do realise that none of that makes any sense. "...to comply with permitted losses"?? What does that even mean? It was to comply with FFP rules. And then: "it's called the relationship between income and expenditure". Good grief. |
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Post by Deleted on Jul 13, 2019 14:06:30 GMT 1
Oh gee - not wrong - to raise cash to comply with permitted losses over a given time period - it's called the relationship between income and expenditure! You do realise that none of that makes any sense. "...to comply with permitted losses"?? What does that even mean? It was to comply with FFP rules. And then: "it's called the relationship between income and expenditure". Good grief.  ? Made perfect sense to me, perhaps i'm going/am senile.  |
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Post by Boaty McBoatface on Jul 13, 2019 14:35:29 GMT 1
You do realise that none of that makes any sense. "...to comply with permitted losses"?? What does that even mean? It was to comply with FFP rules. And then: "it's called the relationship between income and expenditure". Good grief. ? Made perfect sense to me, perhaps i'm going/am senile. Yawn...go back to watching your Denis Law videos. |
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Post by Deleted on Jul 13, 2019 14:41:43 GMT 1
? Made perfect sense to me, perhaps i'm going/am senile. Yawn...go back to watching your Denis Law videos. I'm on with Billy Smith videos at the moment thankyou.  |
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Post by Deleted on Jul 13, 2019 14:54:18 GMT 1
Oh gee - not wrong - to raise cash to comply with permitted losses over a given time period - it's called the relationship between income and expenditure! You do realise that none of that makes any sense. "...to comply with permitted losses"?? What does that even mean? It was to comply with FFP rules. And then: "it's called the relationship between income and expenditure". Good grief. Oh dear - this is like Groundhog Day with regard to the Dean Hoyle 'why didn't he sell at the highest value' time which you completely failed to understand. Here are the EPL rules www.financialfairplay.co.uk/financial-fair-play-explained.phpPlease note the section 'Maximum loss limits' equivalent to the statement 'comply with permitted losses' That's what it means. Clear? |
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Post by Boaty McBoatface on Jul 13, 2019 15:35:40 GMT 1
You do realise that none of that makes any sense. "...to comply with permitted losses"?? What does that even mean? It was to comply with FFP rules. And then: "it's called the relationship between income and expenditure". Good grief. Oh dear - this is like Groundhog Day with regard to the Dean Hoyle 'why didn't he sell at the highest value' time which you completely failed to understand. Here are the EPL rules www.financialfairplay.co.uk/financial-fair-play-explained.phpPlease note the section 'Maximum loss limits' equivalent to the statement 'comply with permitted losses' That's what it means. Clear? Yes it is like Groundhog Day isn't it, where I say something and you respond with something in a condescending manner that adds nothing to the discussion.
I completely understood the DH thread, you clearly didn't. I asked a question and you and your pal Grimois decided to answer a totally different question. Likewise here, I understood exactly the point you were trying to make, which is that they sold their ground to comply with FFP rules.
No doubt, you will have to save face by having the last word. Go on, prove me wrong. |
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Post by Deleted on Jul 13, 2019 15:53:47 GMT 1
Oh dear - this is like Groundhog Day with regard to the Dean Hoyle 'why didn't he sell at the highest value' time which you completely failed to understand. Here are the EPL rules www.financialfairplay.co.uk/financial-fair-play-explained.phpPlease note the section 'Maximum loss limits' equivalent to the statement 'comply with permitted losses' That's what it means. Clear? Yes it is like Groundhog Day isn't it, where I say something and you respond with something in a condescending manner that adds nothing to the discussion.
I completely understood the DH thread, you clearly didn't. I asked a question and you and your pal Grimois decided to answer a totally different question. Likewise here, I understood exactly the point you were trying to make, which is that they sold their ground to comply with FFP rules.
No doubt, you will have to save face by having the last word. Go on, prove me wrong. Er On this one I'm proving you right.... 🤔 |
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Post by wainwright on Jul 13, 2019 22:34:34 GMT 1
So who’s train set are we? It would be interesting to know the dynamics of the key decision making from here on. This guy built big train sets.... simpsons.fandom.com/wiki/Lyle_Lanley |
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Post by yappledapple on Jul 26, 2019 10:54:32 GMT 1
DH’s tenure officially over; club handed over now...
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? Made perfect sense to me, perhaps i'm going/am senile. 
