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What Next For Swfc?


bassett one

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17 minutes ago, bassett one said:

but no one knows if we owe the bank any money or do we have loans  who owns the ground and what do we owe in transfer money?

can he sell the club and keep the ground?  no one has any answers or do they?

This will answer plenty of your questions:

 

https://www.swfc.co.uk/news/2023/july/annual-accounts-published/

 

You will probably have to get hold of the accounts for Sheffield 3 as well.

 

He can sell the club, but not the ground if he wants to. But somebody would have to want to buy one without the other.

 

So, yes. People do have answers. Were up to our necks in debt and the owner is in a position to asset strip if he so desires. 

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3 hours ago, bassett one said:

can he sell the club and keep the ground? 

Yes he can. The possible problem being is that will mean the person buying just the club doesn't have enough money to buy the club and the ground and he'll need to pay rent to Chansiri which could and probably would make matters worse. I'd much prefer to see an owner buying everything.

But we're OK again for the moment and at least we're only talking in the one or two millions.

Wait while the red third goes pear shaped, that'll be 10's and 20's of millions.

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