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DevC

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DevC
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  • Is the theory that the virus will go away over the warmer drier summer and then return in the colder wetter winter not undermined by its European hotspots being Italy and Spain currently enjoying weather we get in the summer?
  • Parker is entitled to hold whatever views he wishes and to believe whatever conspiracies he wishes. We are entitled to believe that what he says is bollocks. Employees social media postings can in law be considered gross misconduct and lead to di…
  • It is indeed Athletic. They used to have the longest name in professional football when they were called Bournemouth and Boscombe Athletic (not United as I remembered) until they changed their name to AFC. This happened in 1972 which makes me feel v…
    in flash quiz Comment by DevC March 31
  • Have I understood you correctly that you think a debt free Colchester United is worth somewhere between £15m and £25m? Wow. but Ok, pick a number you think it’s worth. What do you do if you want out and are owed £25m. What if you are owed £5m?
  • You are the owner of Colchester @StrongestTeam You are “owed” £25m You are bored of it now What do you do now? How would that differ if you were owed £5m
  • Although @carrickblue has answered the specific history re Hayes, let me just answer the wider question re Colu. Let us say that a buyer ("A") believes the value of Col U debt free is £2m Col U has debts of £24m So if Col U owner ("B") wis…
  • Basic Clwb Pêl Droed Llanfair­pwllgwyngyll­gogery­chwyrn­drobwll­llan­tysilio­gogo­goch Knowledge of course.....
    in flash quiz Comment by DevC March 30
  • Inverness was not the correct answer though to be fair. The correct answer to the question asked is Clwb Pêl Droed Llanfair­pwllgwyngyll­gogery­chwyrn­drobwll­llan­tysilio­gogo­goch Football Club BCPDLK to be honest.
    in flash quiz Comment by DevC March 30
  • @aloysius in his characteristic fashion presents a worst case scenario. None of us know what the outcome will be for football or for life in general. Only time will tell. Whatever happens one day we will emerge from this. It feels unlikely that t…
  • obviously it is better to run at break even most seasons if that is possible and then use any windfalls after they have arisen. It is virtually impossible to do in practise though. Maybe that will change after this crisis. BR and Col will never be …
  • Any takeover has ifs in it @StrongestTeam . There is always a question of whether the two parties can agree a deal. shareholder debt is really not a expensive or complicated factor to resolve in such situations - it is either written off or the pur…
  • I see no reason not to discuss football matters on a football forum. Its a way of keeping sane if nothing else. Surely everyone understands that there are far more important things in the world. I think with no doubt the best of intentions @fame_4…
  • Ok. I screwed up the bolding. Hopefully you can see which bits are yours and which mine
  • Lets abandon the abuse and continue a rational discussion. Far more interesting in my view. I thought I had answered your points but if you would prefer me to do point by point (my bits in bold) - Ok here goes. Perhaps then you would answer my que…
  • I notice you avoided the question and moved to abuse instead. Ho hum
  • if Col U have an intrinsic debt free value of say £2m, then the most debt that any rational new owner will accept is £2m and then only if purchase price is £1. Any current owner will know that (and if wishes to asset strip he doesn’t need debt to fa…
  • It’s all about future outgoings Strongest - that point is right. That and third party debt. There is nothing that a current owner can do to a club because he has debt owed to him than he can do if he doesn’t (including the Blackpool and Bury situ…
  • No @OxfordBlue . When Hayes wanted to sell with large amounts of debt owed to him, that debt was largely irrelevant. He wrote it off, as he always knew he would have to, because no buyer will take on the club with large amounts of debt outstandin…
  • Third party debt has to be paid off Mr Middle. That’s the point. Third party debt bad owner debt largely irrelevant.
  • Coherent in that it saves the club proposing it from likely relegation and for some reason designs an odd number of clubs in the top division (as well as a 44 game league season)?
  • Loads of Readings (pronounced differently)
    in flash quiz Comment by DevC March 28
  • But any sensible new owner wouldn’t buy on that basis.
  • Future “buyers” certainly are unlikely to take on the previous owners debt, that is true. The previous owner when he wants to sell has to write off debt or not sell.
  • Worth saying again that there is a world of difference between debts to third parties and debts to owners. Frankly there is little an owner owed money can do to a club that he couldn’t do if he didn’t owe money.
  • If Couhig invests £4m, trust would need £1.3m There is no rent income (for a number of years. Banks don’t lend against football stadiums much. Too much adverse PR if they have to call in loan.
  • No @OxfordBlue afraid not. There is a rent payable but it is discounted from full rate down to nominal rent for the first few (7?) years while the stadium is fixed. So very little cash there. The difference between full and nominal rent was go…
  • And (perhaps conveneintly) that gets us promoted @chairboyscentral Personally I think the contracts issue is a red herring. Always used t have transfers allowed up to transfer deadline day 4 or 5 games before end of season. If some players change…
  • Was at AP not at Colchester. To be honest just a freak incident. Not sure you can blame Hyde.
  • I had heard this was likely yesterday. Given that it is far from clear whether football can start in August and if it does whether we will be in the same position next winter, surely better to play through this season when possible, start the nex…
  • Sadly there is a perhaps bigger possibility that football and more importantly relatively normal life will restart in late summer only to grind to a halt again when the second coming of this virus occurs in Autumn/Winter.