Club up for sale again?

One87One
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Re: Club up for sale again?

by One87One » 07 Aug 2018 14:00

Coppells Lost Coat wrote:I am going to assume this interest is on the £60m loan that was lent to us by the Chinese??

However the whole tweet is a little more interesting and shows we are doing good business elsewhere.
https://twitter.com/SwissRamble/status/ ... 0369556482


This is dated season 16/17 fwiw.

RoyalJones
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Re: Club up for sale again?

by RoyalJones » 07 Aug 2018 14:26

Alisher Usmanov could soon be free to invest in to another club :P ...

Will probably go to Everton and spend a chunk of the £500m or so he's getting from Stan Kroenke.

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RoyalBlue
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Re: Club up for sale again?

by RoyalBlue » 07 Aug 2018 19:44

Sutekh wrote:Tim said on BBC Berks that a well placed source within the club told him that the owners looked to sell the club last December.


Perhaps his 'well placed source' had been on the sauce.

As for loans, we should do a QPR - break the FFP Regulations, thus ensuring that the club are 'punished' by the shareholders being told to write off their loans!

muirinho
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Re: Club up for sale again?

by muirinho » 08 Aug 2018 10:48

One87One wrote:
Coppells Lost Coat wrote:I am going to assume this interest is on the £60m loan that was lent to us by the Chinese??

However the whole tweet is a little more interesting and shows we are doing good business elsewhere.
https://twitter.com/SwissRamble/status/ ... 0369556482


This is dated season 16/17 fwiw.


Yes, the 2mill interest is also 16/17. If, as suggested, it was on money lent by the Chinese, who didn't own the club at that point, maybe we are no longer paying that level of interest now that they own the club

(i.e., interest free loans from them, like wot SJM did)

We'll see, when the figures for 17/18 come out.

Tilehurstsouthbank
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Re: Club up for sale again?

by Tilehurstsouthbank » 08 Aug 2018 15:22

Harpers So Solid Crew wrote:Did everyone miss this??
https://www.theguardian.com/business/20 ... evels-rise



As part of his drive for stronger government leadership over the economy, Xi has been moving to reassert control over top state enterprises while reining in sprawling conglomerates such as Wanda, Anbang, Fosun International and HNA Group, which have expanded rapidly via debt-fuelled foreign acquisitions.


Always knew this place was destined for the big-time! :lol:


Elm Park Kid
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Re: Club up for sale again?

by Elm Park Kid » 08 Aug 2018 15:31

muirinho wrote:
One87One wrote:
Coppells Lost Coat wrote:I am going to assume this interest is on the £60m loan that was lent to us by the Chinese??

However the whole tweet is a little more interesting and shows we are doing good business elsewhere.
https://twitter.com/SwissRamble/status/ ... 0369556482


This is dated season 16/17 fwiw.


Yes, the 2mill interest is also 16/17. If, as suggested, it was on money lent by the Chinese, who didn't own the club at that point, maybe we are no longer paying that level of interest now that they own the club

(i.e., interest free loans from them, like wot SJM did)

We'll see, when the figures for 17/18 come out.


It's really difficult to judge the finances of a privately owned club. These interest payments could simply be a form of tax avoidance for the owners. Whether we are in 'debt' and buy how much isn't actually relevant to how much we have to spend on players; it's entirely at the discretion (and bankroll) of the owners.

muirinho
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Re: Club up for sale again?

by muirinho » 08 Aug 2018 16:07

Elm Park Kid wrote:
muirinho wrote:
One87One wrote:
This is dated season 16/17 fwiw.


Yes, the 2mill interest is also 16/17. If, as suggested, it was on money lent by the Chinese, who didn't own the club at that point, maybe we are no longer paying that level of interest now that they own the club

(i.e., interest free loans from them, like wot SJM did)

We'll see, when the figures for 17/18 come out.


It's really difficult to judge the finances of a privately owned club. These interest payments could simply be a form of tax avoidance for the owners. Whether we are in 'debt' and buy how much isn't actually relevant to how much we have to spend on players; it's entirely at the discretion (and bankroll) of the owners.


Agreed - it's all smoke and mirrors. However, if they are worried about FFP, one way of making less of a loss is making loans interest free, and writing off loans.

Another is giving a player you fully intend to keep for 2 years, a 4 year contract, so that his purchase price is spread over a longer period. Obviously if you overpay, and then can't shunt him onwards after the 2 years, you're in trouble - but that's a problem for 2 years time, rather than now.

So worth looking out for long contracts for new players for clubs that you suspect might be in FFP trouble.

Elm Park Kid
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Re: Club up for sale again?

by Elm Park Kid » 08 Aug 2018 20:48

muirinho wrote:
Elm Park Kid wrote:
muirinho wrote:
Yes, the 2mill interest is also 16/17. If, as suggested, it was on money lent by the Chinese, who didn't own the club at that point, maybe we are no longer paying that level of interest now that they own the club

(i.e., interest free loans from them, like wot SJM did)

We'll see, when the figures for 17/18 come out.


It's really difficult to judge the finances of a privately owned club. These interest payments could simply be a form of tax avoidance for the owners. Whether we are in 'debt' and buy how much isn't actually relevant to how much we have to spend on players; it's entirely at the discretion (and bankroll) of the owners.


Agreed - it's all smoke and mirrors. However, if they are worried about FFP, one way of making less of a loss is making loans interest free, and writing off loans.

Another is giving a player you fully intend to keep for 2 years, a 4 year contract, so that his purchase price is spread over a longer period. Obviously if you overpay, and then can't shunt him onwards after the 2 years, you're in trouble - but that's a problem for 2 years time, rather than now.

So worth looking out for long contracts for new players for clubs that you suspect might be in FFP trouble.


Good points.

Though after QPR's final 'punishment' you have to ask whether it's even worth staying inline with FFP . . . . .

muirinho
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Re: Club up for sale again?

by muirinho » 10 Aug 2018 11:47

Elm Park Kid wrote:
Good points.

Though after QPR's final 'punishment' you have to ask whether it's even worth staying inline with FFP . . . . .



That was the last regime, the new one is "supposedly" tougher. Including preventing you from getting promoted at all.

Note new regime means you have to guesstimate your last couple of months earnings for a season - this is so that they can check that you are in breach before the season's end. Which is obviously necessary if you're going to get turfed out of play-off positions etc.


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