The problems came when he was no longer able or willing to continue inputting his money to cover player and staff contracted commitments. Never about paper debt. Only current cash.
Sadly @StrongestTeam has been called away before he could answer the question I asked at 12.43. I wonder if you would like to answer instead?
It was a problem then, but didn't deter me from attending Wasps games as we had some great players, and outstanding results, so worth the pain of spending an hour post-match before getting out of the car park at one of the industrial units.
'Extraordinarily optimistic' is my default setting.
So, I'm looking forward to the first home game of next season, when I will be able to drive easily to the ground and claim a parking space, enjoy a decent pre-match pint at a reasonable price, sit in a padded seat in the FA stand, go for a piss in luxury at half time, get a proper bean-to-cup coffee, and watch the team, bolstered by some excellent summer signings, sweep away the opposition 4-0.
Having met people who have worked with him I am sure he will be a delightful friendly approachable addition to the Adams Park family. If he can bring Chris Evans along with him, I am sure the nation will make Wycombe their second team in an instant.
(Yes, I am even making myself feel slightly queasy now...)
I fully accept that people aren't here all day. As I said above
Apologies if you have answered the question I asked you before. I don't remember what you said and can't think what the answer would be. Perhaps you could take the time to educate me If it helps the question I asked you was.
"OK. Lets say that the Couhigs are owed £3m in 2026.
What do you think that debt would allow them to do in 2026 that they otherwise wouldn't be able to do.
If they wish to sell the club then, what difference do you think that debt would make to a buyer who values the club debt free at say £1.5m"
The bluebells are spreading, bees beginning to buzz around the opening blooms, and @DevC is asking questions (and demanding answers) about maths...the summer is almost upon us! 😊
Got to admit I'm not a fan of Dev's answer demands as they're always about some kind of straw man that only he is interested in.
OK. Lets say that the Couhigs are owed £3m in 2026. What do you think that debt would allow them to do in 2026 that they otherwise wouldn't be able to do.
What the hell is this even about? Who said debt is allowing them to do something?
If they wish to sell the club then, what difference do you think that debt would make to a buyer who values the club debt free at say £1.5m
If they wish to sell the club and there isn't a buyer willing to cover their debt, it makes a difference. For reference, see any one of a number of clubs that no longer exist.
I said owner debt doesn't matter, @StrongestTeam said oh yes it does. I asked him to explain how. To help him I gave him an example above but he still has chosen not to. His right.
If the buyer and the seller agree the club is worth say £1.5m debt free and the seller wants to sell and the club has £3m in historical debt, the seller has too choices - either write off £1.5m in debt and sell for £1 plus debt repayment of £1.5m or don't sell. If instead of debt he had put the £3m in in equity - he sells for £1.5m (and makes a £1.5m loss on his equity investment)or doesnt sell. It makes no difference .
No club has ever failed to exist because of historical owner debt. Clubs have failed to exist due to lack of cash to pay tomorrows bills or because the owner has asset stripped. He doesnt need debt to do that sadly.
Have to agree with @DevC that debt to an owner doesn’t kill a club. If they dissolve the club they’ll just be losing their own investment.
Lack of cash to pay suppliers, HMRC, wages, rent etc are what kills a club.
I believe the only reason Hayes demanded a payment plan from the Trust was that he knew we’d made some player sales over the previous few years that were likely to pay a sell-on, and he wanted his cut.
Comments
Perhaps Rob has discovered the elixir of life!
Why wasn’t that a problem when you used to attend the egg chuckers?
The difference seemed to be given that the rugby lot don't all hurtle off down the road immediately after the game finished?
Much more of a stay on at the ground experience?
Well said. It's almost as if the Hayes "don't worry, it's my money" years never happened.
He was right though. It was.
The problems came when he was no longer able or willing to continue inputting his money to cover player and staff contracted commitments. Never about paper debt. Only current cash.
Sadly @StrongestTeam has been called away before he could answer the question I asked at 12.43. I wonder if you would like to answer instead?
What happens if that debt is being racked up at 3M a season. The club would be worthless in 2026.5.
Will Rob have to pay someone by 2026.75 to take on the club??
Perhaps Wycombe old boy James Corden buying the club for an Amazon Prime docco will help his return to the UK?
It was a problem then, but didn't deter me from attending Wasps games as we had some great players, and outstanding results, so worth the pain of spending an hour post-match before getting out of the car park at one of the industrial units.
'Extraordinarily optimistic' is my default setting.
So, I'm looking forward to the first home game of next season, when I will be able to drive easily to the ground and claim a parking space, enjoy a decent pre-match pint at a reasonable price, sit in a padded seat in the FA stand, go for a piss in luxury at half time, get a proper bean-to-cup coffee, and watch the team, bolstered by some excellent summer signings, sweep away the opposition 4-0.
Now that really would be cancel the season ticket territory
I'd stop supporting Wycombe
And still no chips!
What about a celebrity boardroom consisting of:
James Corden
Howard Jones
Jed
Leigh-Anne Pinnock
Ian Stanley out of Tears for Fears
Heston Blumenthal
Judy Boucher
Stick it on ITV4 - massive ratings!
Having met people who have worked with him I am sure he will be a delightful friendly approachable addition to the Adams Park family. If he can bring Chris Evans along with him, I am sure the nation will make Wycombe their second team in an instant.
(Yes, I am even making myself feel slightly queasy now...)
wasn't the drummer from T'Pau another massive global celebrity with Wycombe roots?
Noel Fielding went to uni here - he'd add a bit of fun to the boardroom
Yes - forgot about him. Tim Burgess (not the blonde charlatan though)
Apologies if I wasn't on hand to swiftly repeat answers you've already had.
Colin Baker surely.
I fully accept that people aren't here all day. As I said above
Apologies if you have answered the question I asked you before. I don't remember what you said and can't think what the answer would be. Perhaps you could take the time to educate me If it helps the question I asked you was.
"OK. Lets say that the Couhigs are owed £3m in 2026.
What do you think that debt would allow them to do in 2026 that they otherwise wouldn't be able to do.
If they wish to sell the club then, what difference do you think that debt would make to a buyer who values the club debt free at say £1.5m"
Jimmy Carr went to RGS a place on the board could lead to some salty post match interviews
The bluebells are spreading, bees beginning to buzz around the opening blooms, and @DevC is asking questions (and demanding answers) about maths...the summer is almost upon us! 😊
He’d be handy for tax advice.
Jay Blades of the Repair Shop and chancellor of BNU could be brought in. He could restore any broken seats in both the stands and the toilets.
Got to admit I'm not a fan of Dev's answer demands as they're always about some kind of straw man that only he is interested in.
OK. Lets say that the Couhigs are owed £3m in 2026. What do you think that debt would allow them to do in 2026 that they otherwise wouldn't be able to do.
What the hell is this even about? Who said debt is allowing them to do something?
If they wish to sell the club then, what difference do you think that debt would make to a buyer who values the club debt free at say £1.5m
If they wish to sell the club and there isn't a buyer willing to cover their debt, it makes a difference. For reference, see any one of a number of clubs that no longer exist.
That's not the way it worked though @drcongo .
I said owner debt doesn't matter, @StrongestTeam said oh yes it does. I asked him to explain how. To help him I gave him an example above but he still has chosen not to. His right.
If the buyer and the seller agree the club is worth say £1.5m debt free and the seller wants to sell and the club has £3m in historical debt, the seller has too choices - either write off £1.5m in debt and sell for £1 plus debt repayment of £1.5m or don't sell. If instead of debt he had put the £3m in in equity - he sells for £1.5m (and makes a £1.5m loss on his equity investment)or doesnt sell. It makes no difference .
No club has ever failed to exist because of historical owner debt. Clubs have failed to exist due to lack of cash to pay tomorrows bills or because the owner has asset stripped. He doesnt need debt to do that sadly.
Wouldn't it be more cost effective to abolish the toilets altogether, and provide everyone with a kettle?
That's a shit idea
We should be getting Dev's expert planning advice on the new road soon!
Have to agree with @DevC that debt to an owner doesn’t kill a club. If they dissolve the club they’ll just be losing their own investment.
Lack of cash to pay suppliers, HMRC, wages, rent etc are what kills a club.
I believe the only reason Hayes demanded a payment plan from the Trust was that he knew we’d made some player sales over the previous few years that were likely to pay a sell-on, and he wanted his cut.