On the bright side

On the bright side, once you have hit rock bottom (which we havnt yet) the only way is up. Yay !!

Ill tell you what will happen to blues, we will sell every single player we can, expect Foster, Cameron, Liam and Dann to leave along with those already leaving and thos gone.
We will have left Stephen Carr and Beausejour. We will then make a team out of the remaining squad and any players stupin or desperate to come here. We will NOT spend a single penny this transfer window and by the time the next one opens in January I expect us to be sitting anywhere from 9th to 15th, Yeung will be out of the club one way or the other, if he is really lucky he wont be doing a prison sentence.

The remaining investors will either look to get out or they will just sit there looking at us not knowing what to really do.
If we end up getting sold this could go one of two ways, we get back to the prem or we are finnished for a decade at least.

The thing about the other investors is....

Who are they, where are they What will they do and what have they done

They could be no more involved as what some Bluenoses on hear was with Blues shares before Yeung brought them at a £1 a pop.

Which makes sence when you consider we only here from Yeung and his board Panu/Vico and makes perfect sence when you consider that Yeung had to borrow off his own personel assets to loan the club money to keep it afloat last season.

This shows!

1) Yeung has little or no ready cash, why re-morgage property if he had ready cash!

2) That only Yeung is investing as if not how come shareholders never lent Yeung/Blues that cash!

But we survived the Kumars and we will survive this no matter how bad, the club will not cease to exist.

The KiD

I think this may have been what happened....

Yeung wanted the club, (probably to use as a washing machine at some point) he needed backing on paper and got it through the silent shareholders which took care of any paperwork.
Now, I reckon he said to these people that he would not be asking them for money, he will front it all himself. Im sure they get paid on the interest of the money that they have had to put up, lets not forget its all on paper and not under mattresses, so basically Yeung owns the club.
Once he is locked up or whatever happens happens, I excpect the rest of the people who have shares in the club to want to sell them, the problem is how will they get their money back? The club is worth hardley anything compared to what it was when the chinese purchased it.
If the silent contingent can find a way of pulling their money out then its off to auction for us which will be a damn better place to be off to than where Yeung will be going me thinks....

Or Taity maybe we shall see Pollyanna have to do what Chainrai had to do.

And take controll of the club to keep it afloat untill she can find a buyer.

Chainrai never wanted Portsmouth but he had to act for a while to protect his investment, well the loans that was owed to him.

The KiD

Carson Yeung has a habit of poor business dealings and a habit of cohorting with character's of a, let's say, of a shady nature.
His business acumen is on a par with a child saving for a special present.
The child will take change off the shelf and place it in his piggy bank.
Then when the piggy bank is quite full he asks his mother to deposit it into her account for safe keeping.
Later in life he gets his own bank account and asks mother if she will transfer the money for him.
The dirty money he stole, or gotten by illegal gains is now clean.
However, he leaves a trail. The trail is found by his father who brings him to book.
Does the father take back the money in his sons account or does he take everything his son ever bought using money from that bank account as well.
The question is. What would you do?

Problem is though Banjo who is she going to sell to? She cant possibly get her money back as furry coat paid 20 million more than the club was worth when we were in the prem, now were in the championship with no callateral, certainly not in players by the looks of things if she does sell she will take a huge loss unless she can sue Yeung in some way.
Even if she does stay can she run a football club? Can any of them?? Probably not.

Wille, I would break the piggy bank over his head and keep all the money, does that help?

KRO

Dont know...

The FA are going to be very very concerned about all this, even if Yeung gets off Scot Free their will be a cloud over his ability to conduct any business.

Surely had Yeung been caught up in what he has now while he only brought shares and Sully and Gold was still in charge, no way would the FA then allow Yeung to complete a Take Over.

As far as Yeung and the HK Banks go, if he is cleared then they wont be all that fussed or worried. As they could take his personel assets off him.

The FA would be the ones next to us fans who would have the biggest concerns about what can be done.

But the FA would not want to step in and rescue us, they did not do it for Portsmouth and i cant see them doing it now.

The most help the FA would give would be allow the club to have the £30M Parachutes to keep the club afloat, thats the best the FA would do if the worst comes to it.

They may also allow our club to sell/loan players abroad outside the transfer window.

The KiD

Thats the problem Taity its a Catch 22.

They are going to have to try and do what Sully and Gold did and thats get the club promoted at some point but the longer we stay down the more damage it would do to any potential plans Yeung had of getting Chinese to take us seriously.

If they was to sell now the club would be worth what? £40M Tops, then look at the debts and position we are in.

Nope very worrying times for us

The Sooner a statement is made and the sooner Yeungs case is delt with the more clearer our future could be.

But that wont happen over night, that may not happen from now till the Transfer Window Closes. Which could be too little to late.

Hughton faces a tough task, he could have to persuade players who stay to give 100% while not left with much to fill in gaps, but then they may go in January and then he would face a task of replacing them.

Or he may see players go now and have to rebuild on a tight budget and untill cash flow comes mainly rely on free transfers.

Hughton has a massive task, and maybe McLeish kind of had a hunch such would happen and thats why he bottled it and took the easy route out.

for Hughton he has his hands tied and if he failed i hope it does not effect his CV. If he does get us up, and on a sqaud build on peanuts then the guy needs to be backed in the Prem.

The KiD

As part of your topic of on the bright side. The villa have just agreed to pay us compensation for Mcliesh and two memebers of his backroom staff and the best goal kepping coach in the country is still with us!