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The Harsh Reality Is...
Topic Started: Jul 23 2011, 05:41 PM (877 Views)
bluemood
Jose Dominguez
[ *  *  * ]
...we are going to start the new season with the weakest team for at least a decade and CY's hollow promises of investment look at best delusions of grandeur and at worst malicious fabrications...

Losing Gardner, Johnson, Ferguson and almost certainly Foster, Dann, Jerome, Zigic and Ridgewell

As the great John Lydon said...'ever get the feeling you've been cheated'...

:kro:
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bcfcbod
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Peter Enckelman
[ *  *  * ]
bore off ..zz..
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TheKing79
Garry Pendrey
[ *  *  *  * ]
What hollow promises? He's invested the 40m what more do you want? You obviously havent bothered to read the facts, you have just took in all of the rumors and convinced yourself they were true.

it was on the field we got it wrong not the investment
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Muntz75
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Bob Hatton
[ *  *  *  * ]
bluemood
Jul 23 2011, 05:41 PM
...we are going to start the new season with the weakest team for at least a decade and CY's hollow promises of investment look at best delusions of grandeur and at worst malicious fabrications...

Losing Gardner, Johnson, Ferguson and almost certainly Foster, Dann, Jerome, Zigic and Ridgewell

As the great John Lydon said...'ever get the feeling you've been cheated'...

:kro:

True.

Looking at mid-table in all honesty.

Cant see much investment again while Yeung is in charge.
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bluemood
Jose Dominguez
[ *  *  * ]
bcfcbod
Jul 23 2011, 07:05 PM
bore off ..zz..

profound...
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brummie65
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Geoff Horsfield
[ *  *  *  *  * ]
bluemood
Jul 23 2011, 05:41 PM
...we are going to start the new season with the weakest team for at least a decade and CY's hollow promises of investment look at best delusions of grandeur and at worst malicious fabrications...

Losing Gardner, Johnson, Ferguson and almost certainly Foster, Dann, Jerome, Zigic and Ridgewell

As the great John Lydon said...'ever get the feeling you've been cheated'...

:kro:

Foster, Dann, Jerome, Zigic and Ridgewell

None of above have gone yet..bit to soon this post.
kro
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V_For_Vendetta
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Paul Tait
[ *  *  *  *  * ]
brummie65
Jul 23 2011, 08:19 PM
bluemood
Jul 23 2011, 05:41 PM
...we are going to start the new season with the weakest team for at least a decade and CY's hollow promises of investment look at best delusions of grandeur and at worst malicious fabrications...

Losing Gardner, Johnson, Ferguson and almost certainly Foster, Dann, Jerome, Zigic and Ridgewell

As the great John Lydon said...'ever get the feeling you've been cheated'...

:kro:

Foster, Dann, Jerome, Zigic and Ridgewell

None of above have gone yet..bit to soon this post.
kro

Yes, but realistically, four out of the five you mention will have to leave the club and will be leaving. All five will probably go. We don't have the financial structure to keep them without the club going into admistration. The longer we keep them, the worse our financial situation will become.

Like it or not, we are starting again in every single way you can think of, and face our biggest challenge since the days of the Kumars.

The harsh reality is this....

We are going to have very little quality on the pitch, no money to bring in anyone, debts secured against the club, an owner who could be heading to prison for money-related crimes, very little hope of investment, falling gates.

The only postive we have is Chris Hughton. But unless things change in the boardroom then I cannot see him sticking around for longer than a season.
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Migster
Bob Latchford
[ *  *  *  *  * ]
Bye then.
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jenni
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Paul Tait
[ *  *  *  *  * ]
Posted Image
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tony123
Alex Govan
[ *  *  *  *  * ]

Yeung invested. He tried to get a premier league club on his hands but unfortunately we were relegated. We will still be a force in the championship.

Why dont you support and encourage us in making the most of what we are and the opportunity in front if us rather than moaning about resources we dont have.

:blues:
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crusto
Paul Tait
[ *  *  *  *  * ]
TheKing79
Jul 23 2011, 08:07 PM
What hollow promises? He's invested the 40m what more do you want? You obviously havent bothered to read the facts, you have just took in all of the rumors and convinced yourself they were true.

it was on the field we got it wrong not the investment

There was no investment, only loans. If the money had been invested we would be able to hang on to our so called stars if we deemed fit.

But you are 100% right, on the field is where it went wrong the most. How that squad got itself relegated is beyond me. I dont know whether it was the quality of the signings or the quality of the coaching/tactics.

Ive got a good idea though. :ph43r:
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bcfcno1fan
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Alex Govan
[ *  *  *  *  * ]
semper_fi
Jul 23 2011, 10:13 PM

:LMAO:


Bruce OUTT!!
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Blue Raphealite
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Paul Tait
[ *  *  *  *  * ]
crusto
Jul 24 2011, 12:00 AM
There was no investment, only loans. If the money had been invested we would be able to hang on to our so called stars if we deemed fit.


:LMAO:

The Gold/Sullivan regime "invested" by giving Blues loans from their own companies. And reclaimed them as quickly as possible.

Yeung mortgaged his properties to give Blues the cash flow that in years past Sullivan dug out the back of the sofa. And reclaimed quickly.

You seem to be confusing the financial structure of a plc with that of a privately owned comany (Chelsea/Man City). In the latter you can have loans and sponsorship from your benefactor or some dummy company he owns. In the former you have to take the lowest interest rate on a loan which can also come from a 'dummy' related company. You have shareholders who decide that.

With Gold/Sullivan they owned 80% of Blues so it was hardly worth having a vote on whether to accept a loan or not.
Yeung owns 23% - big difference.

The money raised WAS invested.
And Yeung was the one who found that money for Blues to pay Hleb / Martins / Bentley / Derbyshire / Zigic etc their inflated wages.

Loans are investments. If we operated on the benefactor model we could have 10 years to repay the loan. At 0.5% interest even.

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willvbcfc
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Gil Merrick
[ *  *  *  *  *  *  * ]
If you can't see that the squad we've got at the moment contains many very good established and exciting up and coming players, who are all more technically gifted than the squad we had when we gained promotion in 2002...

...then I would call you a ridiculous person.
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TheKing79
Garry Pendrey
[ *  *  *  * ]
crusto
Jul 23 2011, 11:00 PM
TheKing79
Jul 23 2011, 08:07 PM
What hollow promises? He's invested the 40m what more do you want? You obviously havent bothered to read the facts, you have just took in all of the rumors and convinced yourself they were true.

it was on the field we got it wrong not the investment

There was no investment, only loans. If the money had been invested we would be able to hang on to our so called stars if we deemed fit.

But you are 100% right, on the field is where it went wrong the most. How that squad got itself relegated is beyond me. I dont know whether it was the quality of the signings or the quality of the coaching/tactics.

Ive got a good idea though. :ph43r:

no investment? are you having me on?
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bluenoseghag
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Geoff Horsfield
[ *  *  *  *  * ]
TheKing79
Jul 24 2011, 08:07 PM
crusto
Jul 23 2011, 11:00 PM
TheKing79
Jul 23 2011, 08:07 PM
What hollow promises? He's invested the 40m what more do you want? You obviously havent bothered to read the facts, you have just took in all of the rumors and convinced yourself they were true.

it was on the field we got it wrong not the investment

There was no investment, only loans. If the money had been invested we would be able to hang on to our so called stars if we deemed fit.

But you are 100% right, on the field is where it went wrong the most. How that squad got itself relegated is beyond me. I dont know whether it was the quality of the signings or the quality of the coaching/tactics.

Ive got a good idea though. :ph43r:

no investment? are you having me on?

no he's right. The £40m used as part of Eck's transfer kitty was all Birmingham City's money, not Carson Yeung's, which is why we are in the financial state we are now. They were censoreders, but Gold and Sulky kept putting money into the club to keep it financially stable, then taking the money back out when we had money left over, a concept Carson and co didn't grasp
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crusto
Paul Tait
[ *  *  *  *  * ]
bluenoseghag
Jul 24 2011, 10:15 PM
TheKing79
Jul 24 2011, 08:07 PM
crusto
Jul 23 2011, 11:00 PM
TheKing79
Jul 23 2011, 08:07 PM
What hollow promises? He's invested the 40m what more do you want? You obviously havent bothered to read the facts, you have just took in all of the rumors and convinced yourself they were true.

it was on the field we got it wrong not the investment

There was no investment, only loans. If the money had been invested we would be able to hang on to our so called stars if we deemed fit.

But you are 100% right, on the field is where it went wrong the most. How that squad got itself relegated is beyond me. I dont know whether it was the quality of the signings or the quality of the coaching/tactics.

Ive got a good idea though. :ph43r:

no investment? are you having me on?

no he's right. The £40m used as part of Eck's transfer kitty was all Birmingham City's money, not Carson Yeung's, which is why we are in the financial state we are now. They were censoreders, but Gold and Sulky kept putting money into the club to keep it financially stable, then taking the money back out when we had money left over, a concept Carson and co didn't grasp

Nice one for the backup **thumbup
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crusto
Paul Tait
[ *  *  *  *  * ]
Blue Raphealite
Jul 24 2011, 07:58 PM
crusto
Jul 24 2011, 12:00 AM
There was no investment, only loans. If the money had been invested we would be able to hang on to our so called stars if we deemed fit.


:LMAO:

The Gold/Sullivan regime "invested" by giving Blues loans from their own companies. And reclaimed them as quickly as possible.

Yeung mortgaged his properties to give Blues the cash flow that in years past Sullivan dug out the back of the sofa. And reclaimed quickly.

You seem to be confusing the financial structure of a plc with that of a privately owned comany (Chelsea/Man City). In the latter you can have loans and sponsorship from your benefactor or some dummy company he owns. In the former you have to take the lowest interest rate on a loan which can also come from a 'dummy' related company. You have shareholders who decide that.

With Gold/Sullivan they owned 80% of Blues so it was hardly worth having a vote on whether to accept a loan or not.
Yeung owns 23% - big difference.

The money raised WAS invested.
And Yeung was the one who found that money for Blues to pay Hleb / Martins / Bentley / Derbyshire / Zigic etc their inflated wages.

Loans are investments. If we operated on the benefactor model we could have 10 years to repay the loan. At 0.5% interest even.

Dress it up how you like. You can class what they have done as an investment if you want. But imo if you invest in something then you dont look to be taking back what you put in less than 2 years after 'investing' it.

If the money had been 'invested' the there would be no need for the firesale. surely you can see that.
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Ibstockblue
Bob Hatton
[ *  *  *  * ]
The fact is when the last lot were here, we never had a debt problem, now we do and it is probably going to cripple us.
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