[Dynamo10]

With the globe in it's current turmoil, it's unlikely that Lai will be going anywhere soon.
Geopolitics has shifted massively in the past few days, it's difficult to see where a buyer could come from.

He could quite easily find a buyer - he just chooses not to.

[kc56wba]

He could quite easily find a buyer - he just chooses not to.

He wont find a buyer, well not at the price he wants.

[staticboy]

If things haven't got better by the next home game (Huddersfield).
Would it be worth the fans standing outside the grounds and not go in for the first 10-15 mins of the match in protest, or if give them a chance for the first half and then all leave the ground before the second half starts.

Yes, it doesn't help the players not having the support but they are not making much difference when we are there anyway.

It might be a bit extreme but what else can the fans do?

[Maresca Was A Baggie]

If things haven't got better by the next home game (Huddersfield).
Would it be worth the fans standing outside the grounds and not go in for the first 10-15 mins of the match in protest, or if give them a chance for the first half and then all leave the ground before the second half starts.

Yes, it doesn't help the players not having the support but they are not making much difference when we are there anyway.

It might be a bit extreme but what else can the fans do?

Why bother turning up at all??

[robnewbold]

The refusal to appoint Wilder seems in the light of recent Boro form a huge mistake. But that is all we seem to make now ..mistakes. We are in free fall as a Club on and off the pitch and have been now for a couple of seasons. The problem is, have we hit rock bottom yet or is this going to get even worse.
 I have no confidence or hope left, I feel like Steve Bruce.

[BB74]

He could quite easily find a buyer - he just chooses not to.

Would you sell you house at a minimum 50% loss for the sake of the tenants in situ? That's what fans are expecting of Lai.

[Maresca Was A Baggie]

Would you sell you house at a minimum 50% loss for the sake of the tenants in situ? That's what fans are expecting of Lai.

But the other side of that argument would be, sell now for 50% rather than wait for your investment to decrease even further. He is NEVER going to get anywhere near what he paid, so cut your losses and go.

[baggiejohn]

Would you sell you house at a minimum 50% loss for the sake of the tenants in situ? That's what fans are expecting of Lai.

Think your last sentence is significant.

Before last week, there were perhaps 3 groups who would have sufficient funds to both buy & develop WBAFC.
They were american financiers, oil rich arabs, or russian ogliarchs, in the last week the global geopolitical landscape has changed so much, that we can probably discount all three.

EFL clubs will be bought, but not for anything like £150 million.

[Hull Baggie]

If things haven't got better by the next home game (Huddersfield).
Would it be worth the fans standing outside the grounds and not go in for the first 10-15 mins of the match in protest, or if give them a chance for the first half and then all leave the ground before the second half starts.

Yes, it doesn't help the players not having the support but they are not making much difference when we are there anyway.

It might be a bit extreme but what else can the fans do?

the problem with that is that some fans travel a long way to attend matches, as Maresca says why bother to turn up at all.

[darbolina]

But the other side of that argument would be, sell now for 50% rather than wait for your investment to decrease even further. He is NEVER going to get anywhere near what he paid, so cut your losses and go.

Lai basically just bought a house he didn't do a survey on which floods every year so he can either sell it and take a hit or remain there and watch it get worse each year. He doesn't even want to live in the house so why bother suffering?

Another point coming down the track is the way the global geopolitical situation is going, he may be best selling asap to avoid even worse problems down the line if there's a protracted problem with the global financial system.

[Dynamo10]

Would you sell you house at a minimum 50% loss for the sake of the tenants in situ? That's what fans are expecting of Lai.

No, but the very least I would be doing is making sure that the tenants were not inept like he is. We both know he's proven incapable of taking this club in the right direction so are the fans really that bad in expecting that he cuts his losses and leaves?

At this rate he'd be asking for a miracle to get near a minimum 50% loss.

[Albionic]

Lai basically just bought a house he didn't do a survey on which floods every year so he can either sell it and take a hit or remain there and watch it get worse each year. He doesn't even want to live in the house so why bother suffering?

Another point coming down the track is the way the global geopolitical situation is going, he may be best selling asap to avoid even worse problems down the line if there's a protracted problem with the global financial system.

or President Xi, thinks Ukranian stuff that looks like its working, lets have a pop at Taiwan!

[paulosull]

Lai bought business he knows little about that’s the problem and to get his hands around this he either has to throw money at it to get club back to prem where he has a hope of breaking even or he surrounds himself with bright people who have a knowledge of business. Lackeys won’t cut it as the Revolving door has proven since he’s arrived, director of football urgently required.

[graka]

Would you sell you house at a minimum 50% loss for the sake of the tenants in situ? That's what fans are expecting of Lai.

We have 2 more parachute payments to try to utilise to get back up.
After that he will be lucky to recoup 25% of what he payed.

[sammyg]

We have 2 more parachute payments to try to utilise to get back up.
After that he will be lucky to recoup 25% of what he payed.

We only have one year left. Because we came up then straight back down you only get 2 years of parachute payments.

[Maresca Was A Baggie]

We're doomed Captain Mainwaring, doomed I say.

[SmethDan]

We only have one year left. Because we came up then straight back down you only get 2 years of parachute payments.

Those two years of parachute payments were budgeted to a three year spend. That was before VI and his backroom team joined, were paid whatever was negotiated for them to leave and whatever was agreed with Steve Bruce and his team to come aboard.

I really, really 'hope' someone at the club's got a clue as to where we are at budget wise currently, because from the outside looking in we're all over the place both behind the scenes and on the pitch. It's like someone's thrown a jigsaw puzzle into the air in the expectation it will miraculously reassemble itself before it hits the floor.

What a complete and utter XXXXXXX shambles this is shaping up to be and at this moment in time I can only see things getting worse. Something really has to fall our way soon. If not it won't be long before we're looking at what should have happened to the Vile were it not for a questionable ref in one game and a penalty shoot out in another.

[Baggies]

Kieran Maguire, the widely sigthed football finance blogger and author of Price of Football has flagged up that our accounts were due to be published yesterday but we have now submitted a document to push this back until the end of June. Reading between the lines, he is basically saying this is usually a bad sign and is a hint the club are holding off from publishing for as long as they can.

[baggiejohn]

Kieran Maguire, the widely sigthed football finance blogger and author of Price of Football has flagged up that our accounts were due to be published yesterday but we have now submitted a document to push this back until the end of June. Reading between the lines, he is basically saying this is usually a bad sign and is a hint the club are holding off from publishing for as long as they can.

Accounts were published on April 15th last year.

They've changed the end of the accounting period from 31 July to 30 June.

Companies have 9 months to submit accounts to companies house, so, in effect, by changing the date to 30 June, they should have been submitted by 31 March.

[Floydy]

Its pretty standard at the moment to apply for a 3 month extension to filling accounts due to Covid disruption - virtually all of these extension requests are being granted by Companies House.

[Droitwich Baggie]

A wimp with money and nothing else.

[tex]

Would have thought he could have gotten lucky on one appointment, but but it appears his incompetence is going to. Be legendary.

[LiamTheBaggie]

Its pretty standard at the moment to apply for a 3 month extension to filling accounts due to Covid disruption - virtually all of these extension requests are being granted by Companies House.

Unless you make a profit then you get them out as soon as possible as a few clubs have done..

I await with baited to breath to see the damage of last season. As if the football wasn’t bad enough..

[ttree30]

I’m not sure what the exit strategy is from the owner now. We are a long way short of returning to the Premier League. And even if that happened, what resources would there be to stay there?

So who would buy and give him his money back (if that’s what he’s hoping for)?

I just can’t quite see where this ends.

He’s not going to get his money back. We don’t seem likely to be a Premier League club again for the foreseeable future. The value of the club is declining. What’s the way out?

[skyclad99]

I’m not sure what the exit strategy is from the owner now. We are a long way short of returning to the Premier League. And even if that happened, what resources would there be to stay there?

So who would buy and give him his money back (if that’s what he’s hoping for)?

I just can’t quite see where this ends.

He’s not going to get his money back. We don’t seem likely to be a Premier League club again for the foreseeable future. The value of the club is declining. What’s the way out?

What amuses me is that there are several consortiums fighting over Chelski, each willing to put up £2b to buy them. Now whilst I realise that they are a global brand they could acquire WBA for less than one tenth of that figure and have a massive transfer pot for investment [subject to FFP]. in 5 or 10 years time they may be in a position to sell and make a very handsome profit, having put WBA in the global market.

However, we seem to be stuck with this landscape gardener and his halfwit circus for the forseeable........