2 touches inside oppos box too!

I'm far from an accountant but I thought the bit about overvaluing the club disingenuous. If they were paying the 16 million to the current owners for existing shares that would be true but if they're pumping 16 million into the club that seems to me to raise the value of the club by 16 million so the overvalue would just be the difference bewteen a third of 32 million and a third of whatever Rosen says the club is currently worth.

Sorry 17%

13% possession !

Wu - they are also looking at making profits from player sales. Would not surprise me if we try and sign Harrison, Simmonds and one of the attacking loans. Then try to add experience and value and profit from it.

And I’m saying so what if they do make a profit? I’ve got no problem with that at all.

Meanwhile, less than 15% possession at Stockport, but we've had the only shot on target.

MLD - people are wondering how our investors will make a profit. I do not think that is their aim entirely. It will benefit their brand to help our club from what has happened to it. I think the management fee will give them some revenue and the sale will make them whole if they wish to.

The 16 million up front does overvalue the club as Rosen explained, so I’m happy with that. It’s just what happens next. Other than Rosen I don’t see any proven expertise in that group and he doesn’t sound like he will be a significant day to day influence going forward. Blind leading the blind?

Silk: So what?

Wu - the profit will be from the sale of the club and not the management fee. And if the money is coming from where I think it is coming the initial investment will come from profits, used for tax credits and then forgotten about in a way,

Silk - 1.25% a year out of the club is ridiculously low return, and that isn’t in place to allow them to make money on their investment.

Yes, but only £7 million would count against their budget. And they also sold £14 million of players which is also added to the budget.

It said in that article that Birmingham spent around £34m in the summer of 2024.

RK - he signed for 7 years but the cap is 5 years.

Silk, shouldn't it be the length of the contract, possible that it was five years of course ...

Their revenue was £35.6 million which would leave them a budget of £17.8 million. He was perfectly affordable within EFL limits

With the Stansfield transfer only 20% of that fee would count against the team budget as it can spread over five years. So even at £15 million only £3million would count against that years budget.

Silk - to be honest if we got better results, better players, less drivel served up, increased temp stands, I’d have no problem with any individual making some money

On the field good to see Ogundere back on the bench. In time for the FA Cup and another revenue stream.

How long is sweeney out for?

The benefit to the investors is if they can make us a Championship club they could very well sell their investment for £100 million or more. They also take money out of the club for the management fee which is 1.25% of their total investment. I believe the £16 million will get them £200,000 per year they can take out.

Norwich now 3–2 up from 2-0 behind vs Watford…. Maghoma scored again…

Ogs on the bench.

Have now watched the second meeting, and overall I think it was a lot better and more reassuring than the first one. There were some honest answers from both parties. I think there are a lot of question marks over various aspects of the deal, but I'm not sure they will ever really be answered. I think there is a really valid view to take that the initial £16m gets us out of a massive hole and anything else is bonus. I agree with Erik's concerns that the football strategy is optimistic (politely), and I think one of the main areas of concern is still that there is no real football leadership experience in the group taking control of football. There might be a lot of polite nodding and upwards management in JJ and CC's futures. I thought it was interesting that Rosen pretty much said that public speaking isn't Bertrand's thing and he's a lot better one on one. He'd have to be!