I should add to the above.
How much is owed to Newport Live, if anything, needs to be answered.
How much Newport Live have invoiced Newport County for whilst Kevin Ward was a director of both, if anything, needs to be answered.
Whether money was or was not diverted from the academy to finance the first team, needs to be answered.
And the sooner these points can be brought before an AGM the better.
Re: Transfer Rumours Ins and Out
32The being in debt to Newport Live thing is "allegedly" true if members of their staff are to be believed.
Re: Transfer Rumours Ins and Out
33The club pay Newport Live for the use of Spytty Stadium, perhaps there is an issue with invoicing?rncfc wrote: May 9th, 2023, 4:56 pm The being in debt to Newport Live thing is "allegedly" true if members of their staff are to be believed.
Anyway, I'm sure the nutter that threw you under the bus on the End This Rumour thread will be along to imply otherwise........
Re: Transfer Rumours Ins and Out
34I would expect that we are generally in debt to Newport Live. That is how most businesses run, use now pay in the future. Now if Newport Live have classed that debt as a bad debt, that is a different matter and would be cause for concern. Do you or any of those members of staff know whether this is classed as a bad debt??rncfc wrote: May 9th, 2023, 4:56 pm The being in debt to Newport Live thing is "allegedly" true if members of their staff are to be believed.
Re: Transfer Rumours Ins and Out
35Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
Re: Transfer Rumours Ins and Out
36Nice to see the topic actually back on track Luke....lukerobins wrote: May 9th, 2023, 6:11 pm Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
Re: Transfer Rumours Ins and Out
37I guess they’re headed way up the leagues. There will come a level when they won’t be able to buy the league they’re in. I suspect that is when the yanks will begin to lose interest. It’ll be interesting to see what happens then and just how many millions they’re willing to spend. Dale Vince reached his acceptable level : they will reach theirs.lukerobins wrote: May 9th, 2023, 6:11 pm Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
If they’re willing to spend that on Norman then that as a whole squad is likely to be almost or even maybe a championship spend. It would be madness to try to compete with that.
Re: Transfer Rumours Ins and Out
38Surely the Fair Play rule must have some impact, Vince Dale got around the rule by his Company Ecotricity increasing the value of their sponsorship. I can’t see Tik Tok or Netflix doing that for Wrexham, and as I understand it, Clubs can’t have funding via Directors loan. I guess an outright gift from Ryan Reynolds and Co would be acceptable, that way Wrexham would not be saddled with debt when they pack their bags.lowandhard wrote: May 9th, 2023, 8:56 pmI guess they’re headed way up the leagues. There will come a level when they won’t be able to buy the league they’re in. I suspect that is when the yanks will begin to lose interest. It’ll be interesting to see what happens then and just how many millions they’re willing to spend. Dale Vince reached his acceptable level : they will reach theirs.lukerobins wrote: May 9th, 2023, 6:11 pm Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
If they’re willing to spend that on Norman then that as a whole squad is likely to be almost or even maybe a championship spend. It would be madness to try to compete with that.
Re: Transfer Rumours Ins and Out
39If so, he should take it. He was my player of the season but that's over twice what a league 2 defender is worth even by today's warped numberslukerobins wrote: May 9th, 2023, 6:11 pm Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
Re: Transfer Rumours Ins and Out
41They can easily get around it by donating, buying shares or Inter-company loans but not by director loans.Taunton Iron Cider wrote: May 9th, 2023, 9:17 pmSurely the Fair Play rule must have some impact, Vince Dale got around the rule by his Company Ecotricity increasing the value of their sponsorship. I can’t see Tik Tok or Netflix doing that for Wrexham, and as I understand it, Clubs can’t have funding via Directors loan. I guess an outright gift from Ryan Reynolds and Co would be acceptable, that way Wrexham would not be saddled with debt when they pack their bags.lowandhard wrote: May 9th, 2023, 8:56 pmI guess they’re headed way up the leagues. There will come a level when they won’t be able to buy the league they’re in. I suspect that is when the yanks will begin to lose interest. It’ll be interesting to see what happens then and just how many millions they’re willing to spend. Dale Vince reached his acceptable level : they will reach theirs.lukerobins wrote: May 9th, 2023, 6:11 pm Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
If they’re willing to spend that on Norman then that as a whole squad is likely to be almost or even maybe a championship spend. It would be madness to try to compete with that.
Re: Transfer Rumours Ins and Out
42Yes it’s just too easy! They could probably rent an office in the stand for $1 million a week if they wanted to, ffp is a complete farceAmberexile wrote: May 9th, 2023, 9:36 pmThey can easily get around it by donating, buying shares or Inter-company loans but not by director loans.Taunton Iron Cider wrote: May 9th, 2023, 9:17 pmSurely the Fair Play rule must have some impact, Vince Dale got around the rule by his Company Ecotricity increasing the value of their sponsorship. I can’t see Tik Tok or Netflix doing that for Wrexham, and as I understand it, Clubs can’t have funding via Directors loan. I guess an outright gift from Ryan Reynolds and Co would be acceptable, that way Wrexham would not be saddled with debt when they pack their bags.lowandhard wrote: May 9th, 2023, 8:56 pmI guess they’re headed way up the leagues. There will come a level when they won’t be able to buy the league they’re in. I suspect that is when the yanks will begin to lose interest. It’ll be interesting to see what happens then and just how many millions they’re willing to spend. Dale Vince reached his acceptable level : they will reach theirs.lukerobins wrote: May 9th, 2023, 6:11 pm Heard on the Terrace yesterday that Wrexham have offered Norman 4k a week to sign
If they’re willing to spend that on Norman then that as a whole squad is likely to be almost or even maybe a championship spend. It would be madness to try to compete with that.
Re: Transfer Rumours Ins and Out
43The thing is though it's not personal money, it is Company money and advertising, and Disney etc, etc, etc. They just front it rather than fund it directly, hence the supporters holding onto the lease for the Racecourse.
Re: Transfer Rumours Ins and Out
44… I wonder how long Disney will be interested when they’re just doing reasonably well in the championship season after season? They’ll reach a decent level no doubt and with the sort of money they’re getting will rival Cardiff and Swansea as the top Welsh team but will that be enough to keep the corporate boys interested?Bangitintrnet wrote: May 9th, 2023, 10:03 pm The thing is though it's not personal money, it is Company money and advertising, and Disney etc, etc, etc. They just front it rather than fund it directly, hence the supporters holding onto the lease for the Racecourse.
Re: Transfer Rumours Ins and Out
45Why are so many of our fans obsessed with Wrecsam? If they do well it’s because they’ve got extremely wealthy backers, if they leave the club could possibly go tits up, as it stands we should be more concerned with Newport County.
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