How is spending even more going to solve our debt problem?

Ok the Malaysians are looking to convert some of their debt into equity, which will give them a large majority stake in the club.

A deal could be struck with Langston to clear that which would be good, but are we even paying out any interest on that at the moment?

If we were losing over a £1m a month last year, how much will we be losing next year with higher wages etc? 1.5m, 2m a month?

Are we just gambling on getting into the prrmiership by spending big? What if we fail again?

Do not expect any viable answers owain all fans can see is this red joke with pretend money to get us a team of prem stars when it backfires it will be even worse than it is already i've been asking whats red going to do for us for 4weeks nobody can answer it bar " it gives us money" or "we need to move forwrds" even though they claim its just a colour when you play the blue violins

Ok the Malaysians are looking to convert some of their debt into equity, which will give them a large majority stake in the club.

A deal could be struck with Langston to clear that which would be good, but are we even paying out any interest on that at the moment?

If we were losing over a £1m a month last year, how much will we be losing next year with higher wages etc? 1.5m, 2m a month?

Are we just gambling on getting into the prrmiership by spending big? What if we fail again?

With the hole so big then what options are there.

If what has been said is true virtually ALL the debt is being converted which will make a massive difference.

Interest charges will be approaching £3-£4m now, - more than 1/2 our ST income. These should be wiped off.

Infrastructure work will either save money (training ground) or increase income (stadium).

So all this will free funds for playing budgets.

The Maays also see the shirt rebrand as a way of getting extra income in (although I struggle to see how this will work)


HOWEVER, you are right. If we don't go up this year then we will continue to lose money - and with the new rules coming in will struggle to compete with the relegated sides (who the rules have now been made even more favourable for) - it looks a big gamble from VT for me, but the alternative would be admin and a spell in the lower leagues -mabe a very long one.

Ok the Malaysians are looking to convert some of their debt into equity, which will give them a large majority stake in the club.

A deal could be struck with Langston to clear that which would be good, but are we even paying out any interest on that at the moment?

If we were losing over a £1m a month last year, how much will we be losing next year with higher wages etc? 1.5m, 2m a month?

Are we just gambling on getting into the prrmiership by spending big? What if we fail again?

With the hole so big then what options are there.

If what has been said is true virtually ALL the debt is being converted which will make a massive difference.

Interest charges will be approaching £3-£4m now, - more than 1/2 our ST income. These should be wiped off.

Infrastructure work will either save money (training ground) or increase income (stadium).

So all this will free funds for playing budgets.

The Maays also see the shirt rebrand as a way of getting extra income in (although I struggle to see how this will work)


HOWEVER, you are right. If we don't go up this year then we will continue to lose money - and with the new rules coming in will struggle to compete with the relegated sides (who the rules have now been made even more favourable for) - it looks a big gamble from VT for me, but the alternative would be admin and a spell in the lower leagues -mabe a very long one.

I think, that with so much of the club soon to be owned by VT/TG (if not all) it then becomes more personal than at present.
The fact of the matter is, they have such a vast financial empire, who knows what income streams they have planned?
Businessmen as successful as VT/TG are very, very shrewd cookies.
I honestly believe our money worries will be over very soon indeed.
Just an opinion.

Owain, I am liking it to the Ed Balls theory of economics!!!