I can read DB!
"If no sale is completed the budget will be reliant on Nicky and I continuing to fund the Club". I must be missing the words "which we will of course do".... Given how much cash we hemorrhaged last year that is a hell of an assumption you are making.
I am not obsessing on the loan repayment - yes it will likely be rolled over but given I am sure Smurthwaite was expecting repayment by now whether MP can get the loan rolled over at anything like the same interest rate must surely be debateable.
A budget is a budget, set by the owner. The cap is the maximum allowed. You introduce cash to conflate issues. It was clearly stated on air that it would be status quo regardless and our itk take over member pointed out the new lot would not be able to expand it.
Why are you sure smurf was expecting repayment? He is a wealthy near retired man with money to spare and got a desirable rate, I can relate to this but see the need for change odd.
Some like to spin negativity and others just ludicrously invent things through ignorance and even vendetta.
I view the reality through limited information and my take may well be beyond the most hysterical takes.
History will show Palios to be a benign owner at worst, which is good in this industry. Whoever owns us in August will have next to zero effect on the team, they are regulated out of it.
The sale seemed based on recovering £10m in Legacy costs plus £5m to move forward. Id guess they would hope to advance new revenue streams, lay works for new ground and mount promotion, before a new injection if say another £5m. Expanding everything incl losses but growing. Payback coming much later.
Legacy costs are probably now £15m so the in equation may not even exist very soon. See Colchester and Shrewsbury.
The hate campaign for Palios is crazy. At some point he may just not be able to pony up anymore. To imagine him going without replacement as many do is mental.
Bottom line you have to live within your means a so halve the budget, have lost income but hope something turns up like the 1980s. Only real hope us others have similar problems, but likely just yet.
NB if Palios isn't coughing up then the signings will make that perfectly obvious in fact you'd question the release list as we won't get any better. That is the reality, signing players no one else wants whereas to date we have signed players dropping from higher level mainly due to age.
