Accounts to 31 May 2023 show that he put £6m so you are wrong, I’m afraid.
let's not let facts get in the wayWith the championship squad rules, we are allowed 25 players over 21. We already have 24, so only have space for 1 more player. This is why it will be 1 in 1 out. Nothing to do with running out of money.
I think it should be taken with a pinch of salt. I don't necessarily think trying to get rid of a few is a bad thing tbh. If we get this supposed couple of million for Lati we've played a blinder.it's bollocks as well
i'm putting him on block as he's now posting utter bollocks daily for attention
I can't see how we've made £5-7m profit on players, especially when you factor in the wage costs which must have risen significantly.We will see from fy24 accounts but I’d be extremely surprised if player sales didn’t cover the loss last year
We have 22 by my countWith the championship squad rules, we are allowed 25 players over 21. We already have 24, so only have space for 1 more player. This is why it will be 1 in 1 out. Nothing to do with running out of money.
No mate, he covered the losses.
The club lost £5m that FY, and that includes making a £2.4m profit from Hyam so it's more like £7m
Basically you don't understand that the club just loses money every single year and Doug has to cover that before he can even think about adding extra finance in for buying players.
edit: operating loss for 22/23 was £7.8m. 21/22 £5.6m. That doesn't include player trading. When people complain about Doug "not putting his own money in" he is covering those losses?
I’d be half tempted to unregistered one of the goalies and just use use of the U21 Keepers to bench warm if neededWith the championship squad rules, we are allowed 25 players over 21. We already have 24, so only have space for 1 more player. This is why it will be 1 in 1 out. Nothing to do with running out of money.
Less than Sisu's seed money first time, which didn't come for free.Accounts to 31 May 2023 show that he put £6m so you are wrong, I’m afraid.
You literally just said he had put nothing in and he should put in £5mWow a whole £6m.
we’re a championship club, it’s pathetic his contribution
we do need to move players on but not because we are "skint"I think it should be taken with a pinch of salt. I don't necessarily think trying to get rid of a few is a bad thing tbh. If we get this supposed couple of million for Lati we've played a blinder.
Who's complaining? It's internet rumouring.No Championship clubs run a profit. You can’t buy one then complain it’s costing you money. Thats the game. Go buy a self storage company or something.
It’s repayable in Feb 2026.They show that King has made available a credit facility of £6m, this isn't to cover losses but is just cashflow, it is repayable next month.
This does come free. No interest.Less than Sisu's seed money first time, which didn't come for free.
Same unless I’m missing somethingWe have 22 by my count
Who's complaining? It's internet rumouring.
Saddle pulling away from the scene.
I agree. But I don't think we should be expecting him to do more than that?No Championship clubs run a profit. You can’t buy one then complain it’s costing you money. Thats the game. Go buy a self storage company or something.
I agree. But I don't think we should be expecting him to do more than that?
Have we not overspent to get into this position though and look where it’s got us.I think he should have a plan to get us out of this division. There’s no good in being midtable championship for years. That way administration lies. You’ve either got to fund the club to get promoted (or hire a manager capable of doing it cheap), or you’ve got to get relegated and make us sustainable. There’s no middle ground where you don’t overspend and stay up let alone competitive.
Have we not overspent to get into this position though and look where it’s got us.
Maybe a period of self reflection and full review ready for the summer would put us in better shape than going out and overspending on more shite?
My errorIt’s repayable in Feb 2026.
I'm sure he has a plan.I think he should have a plan to get us out of this division. There’s no good in being midtable championship for years. That way administration lies. You’ve either got to fund the club to get promoted (or hire a manager capable of doing it cheap), or you’ve got to get relegated and make us sustainable. There’s no middle ground where you don’t overspend and stay up let alone competitive.
It goes way further than KingKing needs a bollocking
I would argue we’ve spent a lot of money on this squad compared to other squadsAre we overspending? Or is that just what spending in this division looks like?
What you mean? Have his investors pulled out?It goes way further than King
Doug have to find the funds to pay himself the loan I’d imagine. Or he’ll just demand it when the club is sold?My error
King has lent CovCityCo Ltd the new parent company £60500000 which is repayable on demand
CovCityCo has lent CCFC Ltd £6000000 which matures on 16 Feb 26.
What happens if DK calls in his debt to CCC L early?
Glad you are a diehard fan. The disillusionment is often generated by social media. DK is this, DK is that, we're signing no-one, signings are rubbish etc. It's virtually impossible for any club to keep on a constant upwards curve, and it will have to ride out the odd storm ( a minor one imo). Anyway fair play to you in terms of attendanceThe point I was trying making about not going tomorrow was more to do with the disillusioned feeling within the fan base and how a signing (or the rumours of one at least) can help turn that around after the low from Saturdays melt down. Granted it does not come across that way on my initial post. On tomorrow, yes I will be there (and paying £35 for the privilege for my seat in club cov may I add the robbing bastewards) as I will be at Blackburn, and have been at all but 1 away game this year.
Meaning that " King needs a bollocking" is such a lazy statement. The fact that the transfer funds are gone are also down to those instrumental in bringing those players in.What you mean? Have his investors pulled out?
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