Yes they can afford to do a 'Stoke' and waste a few hundred million trying to get promotion. But until they come up with a proper plan they will always be up against Prem money and sides like ours that keep improving slowly. Signing a new team every season stops continuity which is very important.
The Coates family are spending their own money and can afford to write off debts. Wagner fronts a group of investors who may eventually decide they've had enough and look to get out while leaving the club with the debts.
The investment into Birmingham City is in the form of loans with a 12% interest rate.
Roman Abramovich loaned Chelsea over £1 billion didn't he?
He did, though it was at a market interest rate
Clearly hoping to get promoted before that becomes relevant, like a number of other clubs before them.
and he basically was never serious about collecting, the interest on the blues loans makes me think the fund that owns them will want that cash back
True, though I did always wonder why someone not serious about collecting it wouldn't have simply just written it off/gifted it/pumped it in with a bogus Man City-style sponsorship deal.
I don't disagree. But my point of Stoke using the scattergun approach and wasting hundreds of millions just to finish in the bottom half of the table most of the time is similar to the Birmingham approach. Buy good players at an inflated prices but never a team. Spending up to 10m per player in League one gives a massive advantage but the Championship is a different animal.
I'm not so sure. They have some kind of TV deal I haven't got a clue about. How much is it worth for the bottom line? It gives a route for fantasy accounting.
I’m not convinced we’ll spend on transfer fees this window.
Personally think it’s for the best for him. The championship is a very difficult place to blood young players especially in defence as you can see at Sheffield Wednesdays who have been forced into it.
Agreed. We all knew we needed wingers and it’s good the club acted so fast to bring in two of quality imo especially Esse.
Put yourself in Kings seat. If he spends money on a transfer it essentially has to be on someone they consider good enough for the prem. That equates to big money. If we don’t make it that then becomes a big issue. Short loans that can have an impact are exactly the right option. Personally I think we will sign a midfielder for depth but it won’t be big money.
We have to be sustainable and balance the books what have we spent in transfer fees since the end of last season ? Around £7 million ?
Have another read.“We will definitely make it so it has to be big money, but then what if we don’t make it??”
Well then you'd have to consider what market is like that you're selling into, clubs will try to harm us financially?
We were never going to go for it. That's not King's style.
