Hope so - McInnes might actually be able to do a job for them !!
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Have they asked Aberdeen about McInnes yet? He's the obvious choice.
http://www.dailymail.co.uk/sport/foo...niversary.html
The Wally with the Brolly ! :greengrin
I hope they do get McInnes. There is no way he can achieve what their fans expect, so would eventually be hounded out. In the meantime, it causes disruption at Aberdeen.
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Seems to me they are following the Scott Allan strategy -
Leak McInness interest to the media, try and destabilise rival club, then make derisory offer.
I hope they are as successful! McInnes is a good fit for the Dons and Scottish football needs a strong Aberdeen. :wink:
Couple of interesting snippets from the New Huns' accounts. The forecast of £7.2M funding required to keep the lights on this season and next assumes:
- qualification and participation in European football next season (presumably group phase since that's when you start making money?)
- £0 net transfer spend
- all further loans to come from King & family's NOAL trust (not sure how this squares with inability to fund TP enforced share buyout?)
So it looks like the other directors have got fed up pumping in the cash and want King to start ponying up. Presumably these figures are before Pedro got the bullet, so won't factor in his payoff and cash required to get new mug in.
Finally got round to looking at the RFC accounts, and would add my own observations to the others.
1. "the loans are considered to be quasi-equity". It is hoped that there will be a share issue in 2018, at which point these will be converted into shares.
2. they are interest-free and unsecured. Some, although not clear which, are repayable in July next year.
3. "our stadium is of the highest standard" Did they get the roof fixed?
4. some of the Caixinha buys are in these accounts, most not.
5. 1st team-squad costs were £10.4 m.
6. these £6m loss was actually after the costs of sorting out the SD stuff, which was about £3m. So, in trading terms, they only made a loss of £3m. Well done, chaps.
7. the assumptions about future funding are based on their need to be in the Europa League group stages 3 years out of 5. 1 of them has already gone. :greengrin
8. the directors don't get paid.
I'm not sure MSM has picked up on point 7....... :cb
Seems to me they are following the Scott Allan strategy -
Leak McInness interest to the media, try and destabilise rival club, then make derisory offer.
I hope they are as successful! McInnes is a good fit for the Dons and Scottish football needs a strong Aberdeen. :wink:
Irresponsible, sure, but so was Hearts appointing Cathro :greengrin
They're not against the FFP rules. They make that clear in the accounts, and I presume that the auditors are in agreement with that. I am guessing that the "hope" to have a share issue next year would be their get-out.
UEFA would have the last word on that, though.... as they did this season.
I wonder how much they'll blitz in the summer of 2020 when Celtic will be going for 10 in a row.
Every chance they could be on reincarnation no.2 by then 😁
Will they be allowed to have a share issue if the court finds for the takeover panel .
Don't see why not.
If the Court support the TP, DK et al will have to find a way to buy the remaining shares. Can't see that being a legal barrier to another share issue, although it may concentrate minds on whether they actually want one.
If it goes that way, I reckon DK will be looking for an exit route.
I'd imagine not until the matter had been fully resolved one way or another. The takeover panel is merely seeking the COS to enforce the gasl to comply with its normal business practice rules. I can't foresee any other outcome than the Court ordering him to comply which would almost certainly put any plans of an ordinary share offer being processed on hold until the matter of compliance had been resolved one way or another.
GGTTH
I'm not sure if it's relevant or not....................... but I believe Paul Murray and James Blair are directors of a security company which just happens to be the same one that The The Rangers use to employ thugs to eject hapless opposition fans from the Hunnery.
I wonder how much they get from that?
:wink: