Brum / WBA also in a mess? (1 Viewer)

[Nick]

Brum's funding

Birmingham City could be charged for unapproved funding from buyers

EXCLUSIVE BY MATT HUGHES: Birmingham City could be charged with breaching Football League rules for receiving funding from prospective buyer Paul Richardson without securing EFL approval.

www.dailymail.co.uk

West brom looking to get a massive loan from an external company too with high interest

West Brom 'in talks over £25m loan' to help Carlos Corberan in transfer window

Latest West Bromwich Albion news from BirminghamLive as reports emerge concerning the club's finances

www.birminghammail.co.uk

 

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[robbiethemole]

At least that’s something we’ll never be accused of, massive overspending hahaha

 

[The Philosopher]

As I’ve said before, we are going to see a lot of this.

So many clubs financed to the max either directly or indirectly.

That is one story when money is cheap and finance houses are trying to invest to make returns.

Different story now. Refinancing is going to be difficult and more expensive. It’ll have a domino effect.

TF was apparently warning other clubs at some chairman get together a while back. I don’t think anyone listened (I can understand why) but of course he was right. You don’t have to be a genius to work out that getting into more and more debt will one day bite.

 

[hill83]

Hopefully the football family will help them out

 

[Grendel]

As I’ve said before, we are going to see a lot of this.

So many clubs financed to the max either directly or indirectly.

That is one story when money is cheap and finance houses are trying to invest to make returns.

Different story now. Refinancing is going to be difficult and more expensive. It’ll have a domino effect.

TF was apparently warning other clubs at some chairman get together a while back. I don’t think anyone listened (I can understand why) but of course he was right. You don’t have to be a genius to work out that getting into more and more debt will one day bite.

“They just came up to me and asked Tim what are we going to do”

 

[Evo1883]

After seeing a few blues fans comments about us on social media recently , I think it's fair to say I'm not exactly that arsed.

Infact there aren't many clubs I do give a fuck about after what's been said about us over the last 20 years

 

[SkyblueDad]

The position at WBA must be alarming I know they have been a bit of a yo-yo club in recent years but they have had years of on off Premiership and parachute money I always thought they were a well run club.

 

[SkyblueDad]

The position at WBA must be alarming I know they have been a bit of a yo-yo club in recent years but they have had years of on off Premiership and parachute money I always thought they were a well run club. I read recently talk of administration

 

[stevefloyd]

All midlands clubs struggling atm nearly all down bottom half of respective leagues

 

[Skybluedownunder]

Our biggest hope of staying up is WBA and Wigan go belly up taking two of the spots.

Wigan have failed to pay staff on time twice


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[alexccfc99]

WBA will be fine, Corberan is a good manager