Harry Amass set for Sheff Wed medical this afternoon. EFL consider all registrations on their own merits. Not simply about fees, wages and bonuses etc need to be assessed.
@MattHall1974@owlsmadmorris@GoalShort@chris_teal Thanks for this. My understanding then is that the lease supersedes the lender as the lease was created before the loan, until he doesn’t pay the rent due and loses it anyway 👍🏼
Symon must have some bills to pay….the charge against Hillsborough is in Sheffield 3 Ltd; NOT the football club. Fixed charge repayable at end of this month. C£7.4M o/s. But it is NOT a genuine threat to our club’s existence. It IS a threat to DC’s control of the ground. #swfc
@tomintheworld@GoalShort@MattHall1974@chris_teal Why would any potential new owner of the ground not want to rent it back to us, where is the value in having the ground otherwise? Its a protected community sporting asset and the land itself surely doesn't hold great value given the flood risks.
@GoalShort@MattHall1974@chris_teal Lender will have no interest in renting the ground out or keeping it - it’ll be auctioned off - the new owner of the freehold may have an interest in renting it to us or not. For the short term unless a deal is done before end of month there is a risk we are homeless temporarily.
@MattHall1974@tomintheworld@chris_teal Whoever they try and force payment out of it all leads back to DC. He can’t pay either as owner of the club, owner of S3 or him personally. They can take ownership of the ground and enforce 250k a month rent. Same applies can he pay. Would they want to own the ground? Not sure
@GoalShort@chris_teal@MattHall1974 Yes sorry get what you’re saying now - if the lender takes control of the ground though, the lease is null and void surely? You can’t rent something that your landlord has had repossessed. The club is turfed out too.
@tomintheworld@chris_teal@MattHall1974 The rent is circa 2.5m a year. In the accounts. It’s currently a paper excercise no money changes hands between the club and Sheffield 3. If suddenly the lender takes ownership of the ground, I’d imagine suddenly that rent suddenly is no longer a paper excercise and needs paying.
@tomintheworld@MattHall1974 The club have a long lease though which won't fall away if the company that owns the freehold lose their freehold interest to a 3rd party.
@MattHall1974 It doesn’t directly you’re completely correct, but indirectly if Hillsborough is repossessed and we cannot fulfil fixtures we will be suspended from the league. The lender will offload the ground as quickly as possible to the highest bidder.
@tomintheworld Why does the owner of the ground, which is already a separate legal entity from the club, matter? It would just be a different separate legal entity, which will no doubt want rent paying just as it does now.
@KAE1967@SkyFootball Given the owner doesn’t have the cash flow to sustain the club, stopping any cash going into the club is the only way to force him to sell at the minute. If the club revenue is cut the value is no longer the same is it
@SkyFootball Bellends. It’s the club that loses money not the owner. The owner will still get the value he wants from the sale. You’re just killing your own club.
Probably boycotting it to go hang up English flags the gammons.
If there’s boycott for the Leeds game and you’re considering going to support the team, support them by demanding better facilities. Demanding they get paid on time. Demanding stability. Support the bigger picture and demand more. There will be nothing left if we don’t. #swfc
Clive Betts on Radio Sheffield tonight saying local MP’s calls for a meeting with Chansiri were met with a response of “what has it got to do with you”.
He is a fucking disgrace #swfc
Another #SWFC letter to staff tonight...
"As soon as the funds are received, the outstanding salary payments will be fulfilled."
Still no sign of Wednesday on the EFL's embargoes page. thestar.co.uk/sport/football…