WBA finances n/w

[The Den]

West Bromwich Albion are in a “precarious” financial state with their Chinese owner having taken out a £20 million high-interest loan within days of missing a deadline to repay money he borrowed for one of his companies.

https://www.thetimes.co.uk/article/...f?shareToken=bc8a565c4beadf0126c01a46ff36ca12

We always say it, but I'll highlight it again..... thank fck for JB at the reigns of our club.

 

[Secondwave]

So are Birmingham, £120 million in debt, stadium in disrepair and dubious ownership according to the areas MP.

 

[pastywall]

It’s obvious the FA don’t give a fa.

 

[The Den]

There's a few teams that are fu ked. I think I read somewhere Midds and Brizzle City are struggling too.

Birmingham owners seem suspect. I listened to a podcast that had David Stockdale on, proper eye opener about what is going on at Birmingham to say the least. I think it was on Under The Cosh on YouTube for anyone who is interested in listening to it.

 

[Phlion54]

The corrupt FA are not worried about the little teams going under but any clubs with a " name" are protected like derby , wba etc.... Just stinks wonder what would happen to us if we got into the same situation....we would go down quicker then a whores drawers

 

[Lion1964]

The corrupt FA are not worried about the little teams going under but any clubs with a " name" are protected like derby , wba etc.... Just stinks wonder what would happen to us if we got into the same situation....we would go down quicker then a shores drawers

A whores drawer’s even, fuck em all p54.

 

[The Den]

A whores drawer’s even, fuck em all p54.

*P45

 

[cold blow]

Not fair on decent Chairman like JB, whats the point of having Regulations if they are worthless.
I hope the other Chairmen all get together and sue the FA for not upholding their own rules.

 

[Lion1964]

*P45

Phlion54

 

[HappyLion]

Yes the FA bent over backwards, several times to help Derby.

Lets be honest the FA dont vet new owners. They dont give a toss about 'certain' clubs pulling a flanker, like the owner buying the ground and renting it back at a peppercorn rent. Brum who dont have an ice cubes chance in hell of going up this season are £120 million in the cart. Thats insane.

 

[HappyLion]

Ha Ha we get to stick the boot into WBA on April fools day. No upseting Jed you naughty boys & girls.

 

[Secondwave]

Where's the money gone? where's the money gone! Just a middle of the road question

 

[The Den]

Wba finances released in August.



Chairman intended to use a dividend to repay the £7million he has borrowed from the club and its parent company for his businesses in China





Nice move, Jed

 

[HappyLion]

Rule one for owners: You cant borrow money from the club you own. Thats asset stripping. If you have a good business case to borrow money you can get it from a bank.

 

[Phlion54]

Phlion54

To late for them. Retired years ago

 

[Stowwall]

Where's the money gone? where's the money gone! Just a middle of the road question

What made you chirp up.

 

[ozwall]

What made you chirp up.

Far far away by the sound of it..

 

[Peckham Lion]

It’s obvious the FA don’t give a fa.

It's the EFL that make the rules, and yes, they don't give a fuck as long as you have the cash for the deposit up front.

 

[Gaeilge Millwall]

Wba finances released in August.



Chairman intended to use a dividend to repay the £7million he has borrowed from the club and its parent company for his businesses in China





Nice move, Jed

Pie chart ?????

 

[The Den]

Pie chart ?????

Ask qwisth