£27m for Wood - should we just pay it to MSD?

[Elizabeth]

I guess it's equally "morally wrong" that football players expect to get paid for chasing and sometimes kicking a football around a field.

ALK have bought the club, KRBFC. Someone has to own it. Whether it is Bob Lord the butcher or Alan Pace the investment banker or any of the owners in between, it's the owner who calls the shots on how the club manages its finances.

UTC

Yes , nothing we can do about it except point out how much it stinks !

[NewClaret]

Getting ready to head to the Emirates.

UTC

Have a great day mate.

You’ll be pleased to know I’m not going so your chances of witnessing a result are dramatically improved!

[MACCA]

Relegation is more than likely, but with a 5 point gap to safety, with 5 games in hand and over half a season to play, those in charge wouldn’t have brains if we were throwing in the towel and accepting it.

They'll not be throwing in the towel in, however they'll be being realistic.

Another loss today and the games in hand decreases, and the gap has widened.
We aren't chasing 1 side, we're chasing 3 now, and all 3 won't keep losing.
We need a string of wins asap, and for a side with 1 in 17, it would be a miner miracle to win 7 or 8 in the next 20.

[Culmclaret]

We are down. We have to be realistic and stabilise the club. We should get rid of Tarkowski now and use the money from Wood, Cornet and him to wipe out the debt on the club, in preparation for the massive rebuild we need to do. That rebuild will take time and we will have to be very astute to achieve it on parachute income: two years to build the platform and hopefully be in the position to mount a challenge in year 3. If we bet the ranch now I fear we will be following Wigan, Derby, Bolton, Portsmouth, Sunderland etc

[KRBFC]

I guess it's equally "morally wrong" that football players expect to get paid for chasing and sometimes kicking a football around a field.

ALK have bought the club, KRBFC. Someone has to own it. Whether it is Bob Lord the butcher or Alan Pace the investment banker or any of the owners in between, it's the owner who calls the shots on how the club manages its finances.

UTC

and I'm allowed an opinion, ALK taking over the club without any of their own money and then selling club assets to pay for those shares would be a ******* disgrace

[Jakubclaret]

Relegation is more than likely, but with a 5 point gap to safety, with 5 games in hand and over half a season to play, those in charge wouldn’t have brains if we were throwing in the towel and accepting it.

You are forgetting the realisation that they know Newcastles wealth & the likelihood of not factoring them into the equation & if you look past that you are looking at Everton on 19 with 3 games in hand but they are unlikely to go down as are Leeds slightly above so then you be would pinning your hopes on Brentford on 23pts who could be having a slight wobble but then we have a good 6 games in hand. The forecasted picture doesn’t look good & preparing for relegation wouldn’t be so unusual if the plan was to drop strip the assets & use the parachute payments to pay the debts & plummet through the leagues sell up & exit, the money will be doubled by then if not more.

[Rileybobs]

They'll not be throwing in the towel in, however they'll be being realistic.

Another loss today and the games in hand decreases, and the gap has widened.
We aren't chasing 1 side, we're chasing 3 now, and all 3 won't keep losing.
We need a string of wins asap, and for a side with 1 in 17, it would be a miner miracle to win 7 or 8 in the next 20.

The situation looks pretty bleak, I’m not disputing that. But in many ways we can disregard the teams that we’re chasing as if we reach a target of say 35 points we will almost certainly survive the drop. Getting to that 35 points is a mammoth task, but not one we should be waving the white flag at.

[Rileybobs]

You are forgetting the realisation that they know Newcastles wealth & the likelihood of not factoring them into the equation & if you look past that you are looking at Everton on 19 with 3 games in hand but they are unlikely to go down as are Leeds slightly above so then you be would pinning your hopes on Brentford on 23pts who could be having a slight wobble but then we have a good 6 games in hand. The forecasted picture doesn’t look good & preparing for relegation wouldn’t be so unusual if the plan was to drop strip the assets & use the parachute payments to pay the debts & plummet through the leagues sell up & exit, the money will be doubled by then if not more.

See my post above. Of course we need to plan for the eventuality of relegation, but that shouldn’t be at the cost of attempting to survive the drop.

[Jakubclaret]

See my post above. Of course we need to plan for the eventuality of relegation, but that shouldn’t be at the cost of attempting to survive the drop.

The 2 things contradict each other if you have already decided upon 1 course of action.

[Rileybobs]

The 2 things contradict each other if you have already decided upon 1 course of action.

Maybe I should have said plan for the ‘possibility’ of relegation. We do that already, a prime example being relegation wage reduction clauses in player contracts.

[RalphCoatesComb]

It’ll be £37m this time next week.

Reminds me of Sean Dyche sticking his head out of a window at Gawthorpe saying that Andre Gray was now worth £85m. Couldn't find that clip, but this one is almost as funny

https://www.skysports.com/football/news ... gray-leave

[Jakubclaret]

Maybe I should have said plan for the ‘possibility’ of relegation. We do that already, a prime example being relegation wage reduction clauses in player contracts.

Replace “possibility” with probability & then understand the reluctance to spend money, firing or misfiring you don’t sell your undisputed best striker without some sort of an adequate replacement lined up & credibly expect people to believe that you are attempting to stop up. It doesn’t make sense.

[ClaretPete001]

The answer is no. As other have said MSD will expect their 9 per cent or whatever per annum. Why would they allow the club to pay it back? They don't lend football clubs money as a favour.

The club has to invest in players. The greatest threat to the club is if it gets relegated and is unable to compete to return to the Premiership.

The clubs playing assets have seriously depreciated over the last 3 years so I see the club has little choice. And I mean no disrespect to Sean Dyche, Ben Mee at al by that it's just the nature of football.

[Stayingup]

Why the F should the clubs income pay for ALK's debts?

I wouldn't mind if it was income generated from ALK (like an ALK signing generating profit to then pay towards the debt) but selling players who were here before ALK to pay off their debt is morally wrong.

No it isnt wrong its good bsuiness sense. Just wait till the new signings arrive in this week.

[KRBFC]

No it isnt wrong its good bsuiness sense. Just wait till the new signings arrive in this week.

You missed the point entirely, it's nothing to do with new signings.

[groove]

What/Who is MSD?

[GodIsADeeJay81]

What/Who is MSD?

https://www.ft.com/content/243f4030-aa2 ... 3ba868d27a

Large investment company that provides, amongst other things, large loans.

[nil_desperandum]

The situation looks pretty bleak, I’m not disputing that. But in many ways we can disregard the teams that we’re chasing as if we reach a target of say 35 points we will almost certainly survive the drop. Getting to that 35 points is a mammoth task, but not one we should be waving the white flag at.

I'm totally agreeing with this.
We shouldn't be betting the ranch, but if we can find a way of getting to 35 points then Norwich, Watford and Brentford fans will be very nervous come the closing stages of the season.
Defeating all 3 of those in the remaining fixtures will be crucial though, and we certainly can't afford to lose any of those games.

[Rileybobs]

Replace “possibility” with probability & then understand the reluctance to spend money, firing or misfiring you don’t sell your undisputed best striker without some sort of an adequate replacement lined up & credibly expect people to believe that you are attempting to stop up. It doesn’t make sense.

I’m not sure you’re understanding the definition of a release clause.

[Jakubclaret]

I’m not sure you’re understanding the definition of a release clause.

Equally I’m not sure a release clause being effective in summer is also understood.

[Rileybobs]

Equally I’m not sure a release clause being effective in summer is also understood.

I don’t believe that to be the case though.

[Jakubclaret]

I don’t believe that to be the case though.

Well I do!

[Rileybobs]

Well I do!

Well you’re wrong because Dyche has confirmed that Palace triggered Wood’s release clause.

[Jakubclaret]

Well you’re wrong because Dyche has confirmed that Palace triggered Wood’s release clause.

I’ve never disputed that, it’s when the actual release date was effective to be triggered, I believe Simon Jordan & his sources over anything coming out of the club to be perfectly honest.

[Rileybobs]

I’ve never disputed that, it’s when the actual release date was effective to be triggered, I believe Simon Jordan & his sources over anything coming out of the club to be perfectly honest.

The release clause was activated. Which means that Wood was able to leave this month without us being able to do anything about it.

[Jakubclaret]

The release clause was activated. Which means that Wood was able to leave this month without us being able to do anything about it.

Where are palace involved in this?

[Rileybobs]

Where are palace involved in this?

Not sure why I said Palace. I obviously meant Newcastle. We didn’t want to sell Wood, we had to - and Dyche has confirmed as much in his post-match interview.

[Jakubclaret]

Not sure why I said Palace. I obviously meant Newcastle. We didn’t want to sell Wood, we had to - and Dyche has confirmed as much in his post-match interview.

The actual contractual release clause was effective starting from summer according to Simon Jordan’s sources, we never stood firm on this I think lured by the money. Good evening.

[Rileybobs]

The actual contractual release clause was effective starting from summer according to Simon Jordan’s sources, we never stood firm on this I think lured by the money. Good evening.

Good evening. I suspect Dyche knows more about the situation than Simon Jordan, don’t you?

[Vegas Claret]

wonder why it quotes different prices, odd - same site (but .com)says $33 million = 25 mill (ish)
https://www.transfermarkt.us/chris-wood ... ler/108725

[RVclaret]

wonder why it quotes different prices, odd - same site (but .com)says $33 million = 25 mill (ish)
https://www.transfermarkt.us/chris-wood ... ler/108725

This site just goes off whatever is in the media. They don’t have any special inside knowledge of fees.

[Jakubclaret]

Good evening. I suspect Dyche knows more about the situation than Simon Jordan, don’t you?

Simon Jordan’s always had a lot of respect for the club back to the Kilby days & a warm relationship with people closely connected to the club, I don’t buy into why he’s suddenly against the new regime & what he’s got to gain from stirring up trouble & making wild stories up.

[quoonbeatz]

Simon Jordan is a clueless bellend.

[Rileybobs]

Simon Jordan’s always had a lot of respect for the club back to the Kilby days & a warm relationship with people closely connected to the club, I don’t buy into why he’s suddenly against the new regime & what he’s got to gain from stirring up trouble & making wild stories up.

Equally why would Dyche lie about the release clause?

[Jakubclaret]

Equally why would Dyche lie about the release clause?

He’s not lying though is he, the release clause was activated I’ve never disputed that omitting to mention something like when the release clause was effective when not directly questioned about it isn’t lying. The release clause was activated he’s telling the truth.

[claretonthecoast1882]

Simon Jordan is a clueless bellend.

Hence jakub listening and believing

[Rileybobs]

He’s not lying though is he, the release clause was activated I’ve never disputed that omitting to mention something like when the release clause was effective when not directly questioned about it isn’t lying. The release clause was activated he’s telling the truth.

How can a release clause be activated in January if the clause states that it can’t be activated until the summer window?

[KRBFC]

He’s not lying though is he, the release clause was activated I’ve never disputed that omitting to mention something like when the release clause was effective when not directly questioned about it isn’t lying. The release clause was activated he’s telling the truth.

How can the release clause have been activated if you said it doesn't kick in until the summer? so confusing

[KRBFC]

Riley beat me to it

[Jakubclaret]

How can the release clause have been activated if you said it doesn't kick in until the summer? so confusing

Because the extra £5 mill wavered it.

[Rileybobs]

Because the extra £5 mill wavered it.

You aren’t making sense. Newcastle either triggered a clause in Wood’s contract or they didn’t. Dyche has confirmed that they did. You are wrong.

[Jakubclaret]

You aren’t making sense. Newcastle either triggered a clause in Wood’s contract or they didn’t. Dyche has confirmed that they did. You are wrong.

You believe what you want to believe & I’ll believe what I want to believe, how does that sound?

[Burnley Ace]

You believe what you want to believe & I’ll believe what I want to believe, how does that sound?

A bit silly. I believe the sun rises in the east, you believe it rises in the west - who belief is right?

[Jakubclaret]

A bit silly. I believe the sun rises in the east, you believe it rises in the west - who belief is right?

We are going nowhere with it, nothing nobody says to me will convince me otherwise & vice versa, Chris wood in the athletic wouldn’t clarify & if it was a load of BS you would simply say it, less so if the other way around you are bound by confidentiality, A few selected people know for sure & aren't denying it so there you go, I can’t be bothered going around in circles with it. Good day.

[ClaretPete001]

What Simon Jordan said on the issue was that he felt the Burnley statement was unclear. It's true that Chris Wood has a clause in his contract that should a buyer meet a certain fee he could leave. It's a matter of semantics whether you could claim that the clause was triggered even if the club had a veto up to the summer.

If the club felt that the sale of Wood was expedient they could claim that the clause was met without really telling lies and let's be honest it's not uncommon to guild the lily as it were.

My opinion is that they had to sell him because unless they have someone lined up it will probably relegate us. Equally, I wouldn't be surprised if we did have a veto and chose not to exercise it because I also wonder how the club thinks it is going to meet all it's financial liabilities.

But who knows...

[Rileybobs]

You believe what you want to believe & I’ll believe what I want to believe, how does that sound?

Believe what you want, kidder. Choosing to believe something that is incorrect rather than admitting you are wrong is a very odd way to live your life, but crack on.

[Rileybobs]

What Simon Jordan said on the issue was that he felt the Burnley statement was unclear. It's true that Chris Wood has a clause in his contract that should a buyer meet a certain fee he could leave. It's a matter of semantics whether you could claim that the clause was triggered even if the club had a veto up to the summer.

If the club felt that the sale of Wood was expedient they could claim that the clause was met without really telling lies and let's be honest it's not uncommon to guild the lily as it were.

My opinion is that they had to sell him because unless they have someone lined up it will probably relegate us. Equally, I wouldn't be surprised if we did have a veto and chose not to exercise it because I also wonder how the club thinks it is going to meet all it's financial liabilities.

But who knows...

We all know, because Dyche told us that Newcastle triggered Wood’s release clause. Not sure why it’s even up for debate?

[ClaretPete001]

We all know, because Dyche told us that Newcastle triggered Wood’s release clause. Not sure why it’s even up for debate?

It's up for debate because a number of people including Simon Jordan have claimed it.

Personally, I think Newcastle did trigger the clause but only because it is unlikely that the club did want to sell.

I'm sure Sean Dyche is capable of toeing the corporate line when he chooses. I would be surprised if he checked the contract himself or knows every detail in it but as you say in this case I think it is likely the clause was triggered and Simon Jordan is wrong.

[quoonbeatz]

The club officially said the release clause was met. Dyche said the release clause was met. Wood said nobody had expected anyone to pay that much but the release clause was met. I believe Simon Jordan.

[Jakubclaret]

It's up for debate because a number of people including Simon Jordan have claimed it.

Personally, I think Newcastle did trigger the clause but only because it is unlikely that the club did want to sell.

I'm sure Sean Dyche is capable of toeing the corporate line when he chooses. I would be surprised if he checked the contract himself or knows every detail in it but as you say in this case I think it is likely the clause was triggered and Simon Jordan is wrong.

It’s never been in dispute that the release clause was activated the dispute/doubt is when the contractual release clause was effective from, without being 100% sure but believing Simon Jordan & his sources I think at the earliest the clause could have been triggered is in the summer but in order for the transfer to be completed earlier we waivered that & received an excess on top. It’s never been in dispute that the clause was activated it’s when the clause was effective from.