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the1stknowle

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  1. https://www.theguardian.com/football/2019/aug/27/bury-historic-club-football-league-financial-ruins https://www.theguardian.com/football/2019/aug/23/bury-company-debt-cva-steve-dale-daughter
  2. You buy debt based on amount of debt and the chance of it getting repaid. As has been reported by David Conn, 7m quid of debt was sold for 70k. So basically an assumption that there is 1 in 100 chance of full repayment. However, it was bought by an undisclosed related party (partner of owners daughter) and owner then negotiated the CVA that suddenly reevaluated chances of repayment from 1 in 100 to 1 in 4. Again, undisclosed that a related party was owner of the debt at stake in the CVA Thats about the sum of reporting on this thus far. Basically you tell someone that their house is worth 100 quid so they sell it to your son in law and then when your son in law buys it you immediately value it at 2500 quid without telling anyone who buys it that your son in law will make 2400 quid from your maths
  3. Because a team that doesn’t pay its players should never have been allowed to be promoted.
  4. This. You’ve got to feel for Bury fans but how the EFL have let a team get promoted when they continuously failed to pay their players.... They have to address the way they deal with this. Pay staff late once, get a warning. Next time, 3 point fine. And the next time. And the next time. Teams that stick to rules therefore have playing field evened. EFL seem to want to wait until last possible moment to get involved and then put hands up and say we did everything we could. They didn’t do everything they could because this has been coming for a while and for more than one club. ‘The EFL have worked tirelessly’. Whatever. Maybe in last month. Should have been on it a year ago.
  5. Also, if you read down the article, then your selective quote taking is a lot undermined: "To understand why The Athletic is so brazen about its vulture strategy, one must appreciate the state of play at local and regional newspapers throughout the country. Under dire financial duress, many have put extraordinary demands on beat writers to produce heavy volumes of content, often without wage increases. The reporters are sometimes the most knowledgeable sources of information on the teams they cover, but they are afforded little opportunity to step back and write impactful articles."
  6. But that is the market he is talking about. The plan is not to burn down local newspapers or sabotage them. The plan is to do the job of local sports coverage better than them. Which is a good thing for fans. And good for journalists too: "One new staffer told Press Gazette anonymously: “It wasn’t a particularly hard sell. Every journalist wants the time and resources to do good work, and this puts quality front and centre. “With other sports websites engaged in a depressing race to the bottom, this feels like a timely attempt to raise the level… the positivity has been infectious.”" https://www.pressgazette.co.uk/the-athletic-launches-in-the-uk-with-focus-on-local-coverage-of-premier-league-football-teams/ Conversely, stealing their good, hard work and sticking it on a forum for all to read and then encouraging other people to do the same regularly is directly destroying good journalism. That's not the market working. That's someone being a thief with the intention of putting such good journalists out of work.
  7. Well Professor.. 1. When you make comments like 'actively seeking to put local newspapers out of business', it's probably you that needs to show your workings. Or just some evidence. Or do you mean 'they are trying to write better stories about local teams' - which is a different thing now, isn't it. That would be the market working to put local newspapers out of business. 2. If you need me to show my workings for why it is dumb to argue 'everything they write that is so good that we'd all want to read it we should all post on here rather than paying for and then they will go out of business and won't be able to write any more articles that we all want to read' then perhaps you're not the kind of person that needs workings as much as you seem to think you are. Maybe ask yourself why our local newspaper has done an entire story on The Athletic article rather than coming up with The Athletic's article by itself.
  8. Honestly this is the stupidest thing I’ve ever read on here.
  9. Big difference for me - and what it seems like LJ working on - is turning him into an actual midfielder that can adapt to different formations, including eventually being able to play in a midfield 2, rather than a false 9 or attacking midfielder who, when you include in team, you have to base your entire formation around. Tbh, yesterday, it was when he dropped a bit deeper that he started to look really dangerous and he put himself about a bit. That was most encouraging thing for me. Massive progress from the player we had last season.
  10. I actually thought Kasey looked really busy against Leeds. Which is good because if he isn't going be be a second striker then he has to adapt his game slightly so he can play as more a conventional central midfielder, at least in a three if not a two.
  11. Straight swap with Marriott and we're a go.
  12. Who is your Daddy and what does he do?
  13. Look, we probably do need a striker. But if you'd have given me the choice between getting a striker or getting some competition in the centre of midfield, then I choose sorting out central midfield. I think it's been our big problem for years. Im sure we will bring in someone up front tomorrow, if not Nketiah. But if we can get Nagy over line then I think those 2 midfielders bought in this week are the key for us this season. Even if we don't bring anyone up front, Weimann (played centrally), Semenyo, Taylor, Janneh and Fam feeding off Palmer, Pato, Eliasson, CoD and Sammy should bring goals. But we need the ball moving through midfield and need it back quicker when we lose it. The added quality competition will be good for Marlon and Walsh (if he stays). And also, we should all be really excited about seeing if Semenyo and Janneh can step up this year. So I know I'll be pretty much alone in this but Im pretty sanguine about the striker situation and a lot happier about season now the midfield has been bolstered, assuming we get Nagy in (even if we do lose Josh tomorrow).
  14. I actually agree with this. I know this will get pelters but I actually think getting in midfielders who can press and move the ball quickly is more of a priority than a striker.
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