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I kind of get why people are scared of spending money, but we only need to have about a 30% hit rate to make our entire summer’s spending back if we were relegated. Chill.

Best just not sign anyone then in case they’re not better than what we have.

You replace them with players who cost significantly more. Thats the whole fucking point of us getting £150m or whatever.

Kwanye. Oh grandad.

It doesn’t look to be mortgaged in the traditional sense. The charge held over the stadium (well, the head-lease) is in the name of FRS Estates which is a subsid of Fraser’s. More likely we have it on some kind of scheduled buyout from Fraser’s.

Maybe a bit ambitious but Fabio Vieira from Arsenal? He’s doing well on loan at Hamburg this season and they have an option price at £17.4m but from what I’ve seen they want to pay less.

£30m when he’s going into his last year of contract seems steep. He’s a good player but not worth that for me.

Also, Alvyn Sanches seems to be having a bit of a flyer in Switzerland again. I know we were linked with him a couple of years ago so wonder if we’ll have another look.

On the subject of this, we could look at signing Leopold Querfeld, Austrian CB who is currently at Union Berlin. Proper defender’s defender.

Can someone call Tom Wagner?

He’s in his classic ‘market trader’ mode. We’re not signing any Peterborough players.

Oh we all know that. He’ll have forgotten what he said by then as well. I also note good old Ernie sitting in the background endorsing the views that BSB is somehow a racist for saying that Iran and Israel hate each other.

Away from the turbines.

He’s excused himself from the thread now. Ran out of nonsense to spout.

Devout fan owner vs American hedge fund mentality. I really doubt they do any equity conversion.

Probably the schadenfreude of the company name tbh.

Spent double what Wrexham did on wages. “As at 30 June 2025 the total amount owing from Birmingham City Limited to Shelby Companies Ltd including interest and loan reassignments is £127.3m” “The forecasts show that the group needs additional funding of approximately £59m from Knighthead for...

That’s in their L1 season, let’s be modest and assume 15% growth - that’s a £45m wage bill this season to finish 15th (and it’s probably more than that).

THIRTY EIGHT POINT NINE MILLION POUND WAGE BILL?

Paging Gustavo Hamer…