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Yep. Remember that like it was yesterday. Remember Michael Howard being there (the Tory cabinet minister version) because he was from Llanelli and feigned interest in us for a while?

I’m not sure it is pride - I feel proud of the team whenever they play, but I think they felt closer to us then than they do now. We kept that all the way through to the sale to the Americans. That’s the bit that was sold off in my view and can’t really ever be replaced.

Well it seems to me that there are a couple of possibilities. One is that everyone knew damn well that Mandelson was deep into the Epstein business but he was put in Washington as a warning shot to Trump. But the second possibility, and this is a bit out there but who knows any more, is that...

Is it only me that’s wondering whether there is an awful lot more to this? Could Mandelson have been chosen BECAUSE of his links. And that can’t be admitted because the US administration didn’t know.

Walker definitely joined as a midfielder. He was tall though (6ft ish?) and had played at the back so moved there with us. There is bizarrely a long interview online (you tube) interviewing the manager and Tommy H about the three who joined at the same time and he says on that Walker is a...

Oh sorry, I didn’t read the whole bit. I thought you were talking about Walta. Yes, if we took £42m out of our budget over the past three years we’d have no players… I am a great supporter of the owners’ current strategy btw. Live within our means as far as possible, increase commercial...

Well if we could afford the PSR element this season with room to spare best to do it now. Who knows what the future will bring. The system next year is different and it would help us start that new system with a cleaner slate (assuming it goes through - I don’t think it’s yet finalised or what...

We’d be relegated if we didn’t make the signings we have in January? I don’t think so. Surely the very time to be prudent is when there’s little chance of going up or down? On the wider point though, I agree that the championship is a financial nightmare. Clubs almost invariably spending up...

Well firstly it’s never a sign of ‘good management’ for any business to spend up to your maximum possible loss and secondly and more importantly for this purpose getting to within a few hundred grand of a £41.5m allowed loss (it is £41.5m still btw, not £39m - I checked after I posted yesterday...

BTW - I’ve seen lots of talk about new rules from next year. They are coming in for the premier league (85% squad cost rule) and expected for the championship (I’m not certain they’ve had the final vote as yet and what % will be in place). It’s slightly unclear whether it’s a benefit or...

It would genuinely be poor management if we were so close that £300k tipped us over. I don’t think we are to be honest. We lost a lot of high earners last summer (the amounts that players that were bit part for us like Pedersen were on was crazy). Plus Grimes was a high earner (replaced by...

Not an awful lot I don’t think. From memory, it was rumoured that they’d paid less p.a. than Liberty did (when we were in league 1). But not certain so that may be incorrect.

On this, the infrastructure costs are already deducted from our profit and loss account (actually added back to make our losses smaller) so that has no PSR impact. The lease cost to the council is £300k per annum for another c. 31 years which is c. £9m plus. The cost of purchasing will be more...

I agree but as I said, if we’re that close we are storing up trouble and you’d have expected different financial decisions to have been made. More likely imo to be not wanting to pay the first part of the fee now for cash flow purposes rather than PSR which is what I said yesterday. (Which is...

When a club pays for a player, that is the timing of instalments, have absolutely no impact on PSR. PSR is a profit based check not a cash flow based check. In this particular case, the fee involved is widely reported as €3.5 which is £3m give or take a few quid. The contract length is...

I know it doesn’t, that’s why I said cash flow not FFP,

Because that’s not the way FFP works.

Yes, I speculated the condition was staying up earlier. I agree that the try before we buy scenario is highly unlikely.

That’s cash flow not FFP. It may be we’re short of cash and they won’t lend the money. That’s a bit depressing if true.

Well that’s a cash flow issue. I.e, the owners won’t put money in if needed. Not FFP,