General Wolves News

[Deutsch Wolf]

There's that stupid narrative about Everton scraping survival every year which isn't true but people believe it.

Personally I'd rather have an Everton in the top flight than a Bournemouth. That's Bournemouth who've spent £200m in the last two years with sales of £0 and a ground that's about the same size as Walsall's, so I'm pretty sure they're not whiter than white financially either.

 

[Walshes Wolves]

That’s why the accounting dates have been brought forward from March to end of December.

Punishment will now be in the same season.

This is true, but it still means nobody will be certain who is going down, because of court appeals and this makes for a messy end of season scenario, for all teams concerned.

 

[Paddingtonwolf]

There's that stupid narrative about Everton scraping survival every year which isn't true but people believe it.

Personally I'd rather have an Everton in the top flight than a Bournemouth. That's Bournemouth who've spent £200m in the last two years with sales of £0 and a ground that's about the same size as Walsall's, so I'm pretty sure they're not whiter than white financially either.

Surely that has to come home to roost for Bournemouth at some point. Their matchday income must be miniscule.

I get Everton is the grand old team and all that but their claimed Covid deductions were the greatest work of fiction since War and Peace.

Plus they knew they were already in the shit. They knew the Usmanov tap had been permanently turned off. They knew the option sponsorship of naming their white elephant was a one shot deal and had gone. And yet they still signed five players in the summer window.

And as for Forest this was clearly coming with their insane supermarket sweep transfer policy. They had the chance to sell Johnson in time to have an effect i the current accounts but chose not to as there was more money on the table at the end of the window. That was their choice and they need to live with it.

 

[Kenny]

Not Wolves News as such but I see FOSUN are selling Thomas Cook to a private equity firm.

That was a proper investment move by Fosun though. All they did was essentially buy the name when the firm collapsed. £11m or so and have built it up using their own travel arm of the business and will no doubt be selling it for a lovely profit

 

[GLASGOWOLF]

And therefore the majority of fans won't and then it becomes do I believe this journalist or this angry man on the Internet....angry man only wins if its to do with saying something racist.


Just to clarify angry man here, for once, doesn't = you.

I had a spurs fan tell me yesterday Gomez would be a Spurs player by 1St of Feb for £30M because we are skint abd will take it to avoid a Points deduction.

He was Amazed when I told him he was talking shit

 

[Banjo]

That was a proper investment move by Fosun though. All they did was essentially buy the name when the firm collapsed. £11m or so and have built it up using their own travel arm of the business and will no doubt be selling it for a lovely profit

Yep, it's a classic case of buying an asset from administrators at a knock-down price and flipping it on for a huge profit a few years later.

Tesco bought the Paperchase brand name (plus domain name) for an absolute pittance from administrators last February, and it's already worth around three times what they paid for it.

 

[SSB]

I had a spurs fan tell me yesterday Gomez would be a Spurs player by 1St of Feb for £30M because we are skint abd will take it to avoid a Points deduction.

He was Amazed when I told him he was talking shit

Bring It On

 

[Sniffer]

Yep, it's a classic case of buying an asset from administrators at a knock-down price and flipping it on for a huge profit a few years later.

Tesco bought the Paperchase brand name (plus domain name) for an absolute pittance from administrators last February, and it's already worth around three times what they paid for it.

They’d lost a fortune as they were a major shareholder at the time of its collapse. If sold it’ll be mitigating their losses.

 

[Kenny]

Tried to rescue the whole thing didn't they. Huge rescue package put forward that collapsed

 

[Del Woppio]

As TWF tangents go, the financial mishaps of a fucking stationary shop is some going.

 

[Mel Evo]

Bring It On

£30m? Get miles away.

 

[Wilf Wolf]

£30m? Get miles away.

Gomez not Gomes!

 

[AndyWolves]

£30m? Get miles away.

They may as well have tried to use rhythm and blues as their alibi

 

[Deutsch Wolf]

Check my replies if you want to see how out of kilter TWF is

https://twitter.com/x/status/1746980631899246872

 

[Alan]

I’m… I mean look it’s not exactly abnormal for me to be this guy, but…

Only the price rises strike me as a real stick to beat Fosun with. The other things are whiffs, no doubt, and Fabio specifically is so hard to defend as a decision, but they mostly feel part and parcel with normal football club dumbness.

I’m not defending Lage, to be absolutely fucking clear.

 

[The Bear]

The big two are price rises and Jeff Shi thinking he knows better than a proper DoF role that Hobbs is now doing.

Appointing Lage was shit but all clubs hire crap managers and stick with them too long. We were lucky to get away with it in the Prem thanks to Lop but at least we got back on the right track before it was too late.

 

[Tony Towner]

I’m… I mean look it’s not exactly abnormal for me to be this guy, but…

Only the price rises strike me as a real stick to beat Fosun with. The other things are whiffs, no doubt, and Fabio specifically is so hard to defend as a decision, but they mostly feel part and parcel with normal football club dumbness.

Spending £27m on Guedes who didn't want to be here and having to loan him out 5 months later isn't normal. Neither is expecting and seeming to get a parade for having to fix it. Neither is appointing an under qualified yes man because your pseudo DoF tells you to as he'll play nicely.

 

[Alan]

Spending £27m on Guedes who didn't want to be here and having to loan him out 5 months later isn't normal. Neither is expecting and seeming to get a parade for having to fix it.

But they did fix it. Yes, it shouldn’t ever have happened, but they cut bait quickly, which was a necessary move that the club could easily have been too dumb or proud to make.

See: not sacking Lage when it was clear he was a tactical pygmy.

A parade would be silly but Fosun have been good at course correction and should have some credit for that. However, angels they clearly are not.

 

[Tony Towner]

But they did fix it. Yes, it shouldn’t ever have happened, but they cut bait quickly, which was a necessary move that the club could easily have been too dumb or proud to make.

See: not sacking Lage when it was clear he was a tactical pygmy.

How is it fixed? Still on the books and unsellable. We couldn't sign players in the Summer because of it. They couldn't be too dumb, he was pretty much refusing to be here

 

[Alan]

How is it fixed?

He’s not here anymore. Yeah, it’s mostly lame loans he can’t take advantage of, but he isn’t polluting Compton with woe-is-me nonsense.

There’s an extent to which I’m willing to forgive striking out hard on a transfer because it’s just filled with a billion variables. Missing on some, even expensive ones, is inevitable IMV.

You don’t have to be willing to extend the same “forgiveness”, of course.