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Has FL John gone to Sheffield station yet?
17th Oct 2026 16:45:38
[46.lo.gg.ed]
At Wycombe v Notts County. It's a tad nippy
Seeing as we have one of the higher revenues and are near our budget limit on revvenue you'd think we'd have one of our best budgets. But if owners cover losses by investment not loan that is considered as revenue so they can spend more than us. Our problem is the owners won't cover the losses, will the investors cover them each year not as a one off investment? If not, as Nick says it is simply a can kicking exercise.
17th Oct 2026 16:42:38
[81.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Are the new accounts due out this time of the year? It will be interesting to see our revenue and how much we are spending on football costs. It will be interesting to see if there is any scope to increase that spending. Will they give us this information. How we are complying to the new spending rules?
17th Oct 2026 16:40:35
[82.lo.gg.ed]
For example if our revenue for EFL purposes is £10 million, our football cap is £5 million, if we are only spending £4.5 million now there is scope to add £0.5 million. Be handy to know to make decisions on ownership and whether any take over would cover losses and add spending right up to the cap level. IYSWIM
The only plus point for us is that the spending rules will force other clubs to cut their spending as the League rules does not allow it to be done easily. For us we cannot carry too many injuries and especially players who gets injured a lot.
17th Oct 2026 16:30:41
[82.lo.gg.ed]
I wonder where we sit on the revenue table as that decides budgets.
Silk - only Hippo and Seddon at the moment…
17th Oct 2026 16:30:08
[109.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Tilley is so far off the pace, maybe bought back too early. Referee has been impressive so far getting all the decisions right and keeping the game moving in her first appearance at this level. Rob C has played a blinder too continuing to bring us the commentary without the main man assisted by Rocknut
17th Oct 2026 16:29:04
[82.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Nick - exactly. We should be looking to sell 49.9% (I hope)
17th Oct 2026 16:23:10
[89.lo.gg.ed]
If all we are doing is to sell 20% of the club for £5m then the playing budget will be the least of our problems- a small one-off investment like that will be the ultimate can-kicking exercise and will just fend off administration by another year or so. If the investment is going to be any use to us it needs to be much larger and involve some sort of commitment to cover our ongoing losses. On the subject of the bond I think that the situation is that we have to give the lenders the option to redeem if there is a change of control but they can elect to not redeem (speaking personally as a bond holder I would be significantly happier if we were taken over as it would make it much less likely that my investment will be lost to administration)
17th Oct 2026 16:21:42
[81.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
A must win on Tuesday then!
17th Oct 2026 16:19:26
[45.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
In the only home League game that Sheff Wed have scored in this season,they got seven….
17th Oct 2026 16:17:13
[51.lo.gg.ed]
Seddon and maybe hippolyte. The others are bottom div 1 standard or probably div 2
Why 20%?
17th Oct 2026 16:16:08
[89.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Well obviously (!) the investor could spread equity purchases over five years. What do you do in Year Six?
17th Oct 2026 16:13:47
[81.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Big players reportedly out of contract at the end of the season. Who would you offer a new one to and who would you release to spend on other players: Stevens, Sasu, Browne, Hippolyte, Smith, Seddon and Johnson.
17th Oct 2026 16:12:41
[82.lo.gg.ed]
Would want to keep Smith, Seddon and Hippolyte. Stevens and Browne injured too much
If Google AI is not lying to me then you can split that £2.5 million for a £500k/year increase for five years due to way you list the income. Or a £1.25 increase over two years.
17th Oct 2026 16:09:35
[82.lo.gg.ed]
Should I know better than to trust an AI?
Do you mean Championship (old Div 1) or Lge 1? Your terminolocgy mixing old and bew structures is confusing !
17th Oct 2026 16:07:44
[81.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
In that wxample Silk, the £2.5m would be a "one-off", and as we all must know, you don't invest one off income into ongoing operations
17th Oct 2026 16:05:45
[81.lo.gg.ed]
although the rules say you can
Are we not in division one?
17th Oct 2026 16:04:07
[45.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
If we take our club as being worth £25 and they buy 20% then that would be £5 million which would only add £2.5 million to the budget. Unfortunately the £5 million would probably have to be used to pay off the bonds. Especially those due so that lowers the potential amount they can add to the budget. Not enough to make any real difference. Unless we are selling more than the 50+1. Even then it may be better spent on the stadium rather than the team.
17th Oct 2026 16:02:26
[82.lo.gg.ed]
I do not know if the sales of shares means the bonds have to be paid off first - do not know the legal side of that.
