1 hour ago, General said:

I’d like to make a complaint if the club ain’t compliant ! 

regarding Boehly’s interview 3 games do not a season make, the mug can’t help opening gob, just like last season before Madrid away. Now I’m no genius billionaire like him, I’ll admit that 🥹; but wouldn’t you 🤐 until after the  🍒 match before coming on like Billy Big Balls to the media ? 

 

The thing is Boehly isn't even the one calling the shots. This guy is the head honcho. Yep, Ronnie Kray

 

16 hours ago, WhiteWall said:

The thing is Boehly isn't even the one calling the shots. This guy is the head honcho. Yep, Ronnie Kray

 

Diabolical liberty mate.

That's Reggie 

🤣

 

 

Gotta say, if true, Clearlake have some clever accountants who are trying everything they can to get past PSR. 

1 hour ago, JM7 said:

Gotta say, if true, Clearlake have some clever accountants who are trying everything they can to get past PSR. 

I`m amazed these multi billionaire investment fellas know more about this than some random bellend from Southport on twitter.

48 minutes ago, dkw said:

I`m amazed these multi billionaire investment fellas know more about this than some random bellend from Southport on twitter.

Important to remember that while it satisfies PL financial rules, it doesn’t in Europe as UEFA’s are stricter. They’ll pretty much still have to sell I think if they make Europe. 
 

Also, some might consider it asset stripping..just ask United fans how that turned out for them. 

Asset stripping the club and selling things to their own company. Can only bode well when they eventually look to recoup all that money.....

Borson comes on talksport and everyone believes everything he says, he isn't always right..simon Jordan called him out in the past

We really have become a selling club.

Next in line, we sell Stamford Bridge to ourselves.

5 hours ago, JM7 said:

Gotta say, if true, Clearlake have some clever accountants who are trying everything they can to get past PSR. 

Clever ?

More like desperate.

Real Madrid have been selling training pitches for years, no?

1 hour ago, Sconnie Blue said:

Real Madrid have been selling training pitches for years, no?

Yeah think they did it years ago to the local government or something who then gave it back to them, not long ago they sold it to the Real chairman.

Other clubs sell training grounds because they are nearly bust. Reading trying or have had to sell . I don't know who owns Cobham if we sell it to ourselves?

If it stops us having to sell academy players it'll be ok.. maybe?

 

Edited May 13, 20242 yr by The Rising Sun
Info

1 hour ago, Sconnie Blue said:

Real Madrid have been selling training pitches for years, no?

Aye was it not to the Spanish government who then gifted it back to them?

2 hours ago, Zeta said:

Asset stripping the club and selling things to their own company. Can only bode well when they eventually look to recoup all that money.....

Yeah...is concerning.

Worth remembering to factor the £50m we will be getting this fiscal year for the Club World Cup. 

We may still need to sell some players to satisfy the UEFA restrictions, but as DKW put it, these twitter "finance guru's" don't know the full scope. 

1 hour ago, Sconnie Blue said:

Worth remembering to factor the £50m we will be getting this fiscal year for the Club World Cup. 

We may still need to sell some players to satisfy the UEFA restrictions, but as DKW put it, these twitter "finance guru's" don't know the full scope. 

None of us know" the full scope " to be fair, and Twitter is full of clickbait for sure. 

Be good if the club could clarify things.

Sounds well dodgy to me but Clearfake have obviously had briefs dissecting the EPL rules and regs since they acquired the club on day 1; and this transaction if true along with the hotels is their solution to balance the books. If it is legit one cant help but ask why Forest and Everton didn't sell their training centers to themselves as well ?  

14 minutes ago, General said:

Sounds well dodgy to me but Clearfake have obviously had briefs dissecting the EPL rules and regs since they acquired the club on day 1; and this transaction if true along with the hotels is their solution to balance the books. If it is legit one cant help but ask why Forest and Everton didn't sell their training centers to themselves as well ?  

Thing is , our consortium/investors own BlueCo , which is already in nearly £700 million in debt and are now buying our hotels and Cobham to just give the money to the club while racking up more debt for BlueCo?

I assume like most debts it'll have to be repaid at some point .

Clearlake investment isn't a charity. Not that I know anything about finance , maybe someone on here could explain how it works?

 

 

 

58 minutes ago, General said:

Sounds well dodgy to me but Clearfake have obviously had briefs dissecting the EPL rules and regs since they acquired the club on day 1; and this transaction if true along with the hotels is their solution to balance the books. If it is legit one cant help but ask why Forest and Everton didn't sell their training centers to themselves as well ?  

Forest don't own the City ground and probably not the Academy grounds (their training centre) either.

Todd Blue co. are reportedly weighing up whether to sell a stake in the women's team amid interest from investors. Discussions are understood to be centred around a hefty £159million valuation which, if met, would see the Londoners' current owners give up some control of the women's team at boardroom level.

4 hours ago, axman2526 said:

Aye was it not to the Spanish government who then gifted it back to them?

Yeah...is concerning.

On the say so of the King of Spain allegedly, who's a Real fan!

 If it is legit one cant help but ask why Forest and Everton didn't sell their training centers to themselves as well ?

Edited May 13, 20242 yr by Kev56

6 minutes ago, Kev56 said:

 If it is legit one cant help but ask why Forest and Everton didn't sell their training centers to themselves as well ?

Land value. 100 acres in Surrey is $$$$$$$$$

49 minutes ago, TheCeleryKing said:

Todd Blue co. are reportedly weighing up whether to sell a stake in the women's team amid interest from investors. Discussions are understood to be centred around a hefty £159million valuation which, if met, would see the Londoners' current owners give up some control of the women's team at boardroom level.

 

@Munkunkuare you prospective buyer?

1 hour ago, axman2526 said:

@Munkunkuare you prospective buyer?

@Mod can invest his spare Pulisic cash. 

9 hours ago, POCH OUT said:

Borson comes on talksport and everyone believes everything he says, he isn't always right..simon Jordan called him out in the past

He can read a set of accounts yes but he has not be party to any of the conversations that have been held between the new owners prior to the takeover.

Prior to the introduction of FFP clubs pushed through all sorts of issues in their accounts. I highlighted a while ago the £70+ million that was impaired from players values immediately following the takeover . I still am wondering how or why this sum happened .

 So back to Borson him not knowing the details made a massive assumption that Mounts sale was in the 22/23 accounts once the issue of the hotels came to light he had to make an apology. Simply because he didn’t know.

Heres a point re those hotels. Selling them to the parent company whilst they are open and trading gives a much higher value but down the line when the redevelopment takes place I doubt that  they would have any massive market value certainly not close to the sum that was achieved 

Similarly did any of us know where the club was accounted for the ownership of the training ground
 

From what I have read today the PSR regulations allow the income to be factored in when selling assets such as training grounds and indeed even stadiums but the rules when it comes to UEFA possibly don’t but even then it’s far from clear as the rules refer to the profit from selling such assets and even Borson and the Swiss Rambler admit it’s not as clear cut as they had thought and having myself now read UEFAs missives it’s highly likely even if we do breach the squad costs rule it may be a fine of a% of any prize money and possibly some sort of sanctions agreement such as squad size restrictions or even an application from the club to not be measured over a 3 year cycle .

Edited May 13, 20242 yr by terraloon