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Without the owners of wasps or CCFC finding ways to keep things going (ie "supporting" the clubs they own financially) both clubs are up the creek with no paddle. Yes CCFC have the transfer dealing, But wasps have access to rental income and more non sports related income. Both get sizeable...

yes it is in that sort or region because some of the loans from ARVO got converted to preference shares (which btw accrue income at something like 9%) and there was some cash in the first couple of years raised and introduced I know you and I both know it is not SISU's money, was just making it...

Firstly is it SISU who have invested or is it their clients funds ? I have seen nothing to suggest SISU are anything other than fund managers - who those investors are remains a mystery but they have given SISU the right to manage or control Did some calculations a while back of what SISU had...

So are you are saying the rise should have been slower to build in the spare finance to be able to compete better. ? Because I am pretty sure the plan of our owners would not have resulted in that. They were not banking on lockdown and I don't think they were planning major investment either...

Sorry but as you say it is a generalisation and there is more to it than simply budget. That gives teams something to hide behind and not look behind. And that is the point I was making. As you say ,and I put forward, at the level we are at budget is not an absolute and does rely on owners...

I think he has done a good job in league 1. A decent job in league 2. He has found it tougher and struggled a bit for more reasons than budget in the championship. He is decent enough and meets what we can afford for now but we all have our limitations. Do I want rid of him, not right now no but...

Am not saying he over achieved at all. I am saying a big budget doesnt guarantee anything. The squad were at their level last season. MR made better decisions with far less doubt in his mind because it was easier to do when the team were achieving. Success isn't about money only it is a mind set...

Which budget is he referring to ? Wages budget, turnover budget, transfer budget ? Combination of some or all? The efl issue a wages budget anonymous report to all clubs I believe quarterly to operate the SCMP in leagues 1 and 2 but the same budget restrictions do not apply in the championship...

Feel good factor in the club at the moment am going for a 2:1 win

You are absolutely entitled to your opinion but i don't think i agree with it in lots of ways First and foremost people are not forgetting what wasps did, equally they are not forgetting what SISU did to our club. You can not stay bitter or angry forever and at some point you look forward and...

Hi duffer :) all good thanks hope same for you the whole point is too highlight potential material risks and what has been done to mitigate it. The point i was making is that no one is saying Wasps or CCFC are not going concerns both have similar statements in their financials ...

Results were never going to be good. The 2019 results had been shielded by the CVC deal. So brief highlights The Group and company are classed as going concerns and the audit reports are not qualified the breach of the bond covenants and the bond holder approved action to remedy are detailed...

There is a note in 2019 accounts. But to be clear neither the directors nor auditors are saying either Wasps Finance or Wasps Holdings is not a going concern. What they highlight or emphasise there is a risk, such notes are going to be very common in a lot of company accounts for 2020 and 2021...

It is exactly what is wrong with football finance especially in the Championship. It is unsustainable unless owners actually write off those huge amounts annually, essentially gifting the money to the club rather than calling it loans. It is insane and in any other industry the company would be...

With the exception of parking the nonsense on both sides over the EU have they? They are giving on income they don't presently have but I suspect they will still earn some profit on all those sources as they relate to ccfc. Haven't seen anything to say they are giving up any income they...

It may well be the case fp. The example was to show the principle and highlight that what ccfc get is probably a share of f&b net profit so not to expect millions increase in turnover. Of course what ccfc get will add to ccfc turnover and net profit in equal measure because the associated costs...

The deal has to be good for both sides for it to work not just now but for potentially 10 years. If one side felt unfairly treated by the deal then we are going to end up back at square one pretty quickly with all the rancour that brings. To think that to get this done CCFC/SISU got one over...

I think you have to take the fact that the club are emphasising the deal is improved and acceptable as proof things are set up better this time round. I doubt we will be able to glean much from the accounts other than whether or not matchday and commercial income has increased - even that has...

Just got email from the Club announcing the deal. Great news patience is a virtue (y)

Couldn't the delay be simply that all the people who need to be at a joint press call are not available until next week I think it is important that it is a joint announcement simply because after all the separate announcements and finger pointing of the past it cuts down on misunderstanding...