Quote Originally Posted by goats View Post
But he can’t have put in £15 million a year can he? He’s had money back to, probably more than £250 million? Wasn’t it almost £200 million alone the last time we got promoted with the parachutes? I reckon he’s lost about £5 million a year which is entirely his own making really but listening to no one whilst having little clue about football business. If I did the same thing running my own business I’d have to suck it up too….is he still sitting on his nice big boat talking about 10 years in the PL? Talk about head in the sand…..
Quote Originally Posted by Dorcus View Post
Spot on!
Unless I have misunderstood Tan has put in £250m (ish) and owns a League One club with some assets and some liabilities (including debts to himself) that has a probable value of 20% or less of what he has put in.

You are both talking as if some of the club income over the past 15 years has gone in to Tan’s pocket - not through the club accounts.

I don’t think that is so. I don’t know why you think that has happened or is even possible. Any monies repaid to Tan would have to be shown in the annual accounts - and they haven’t. He has put a ridiculous amount in over 15 years, has taken nothing out, and has made shit decisions that have taken the club (and its value) backwards.

But I’ll leave it there. I am not an accountant and this ‘discussion’ is going nowhere.