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This page last updated: 16:06:03

19 Feb 2017 12:28:49
According to reports Fawaz has been in contact with potential buyers and a deal could be struck in the summer.

Believable2 1Unbelievable

19 Feb 2017 14:17:58
He was close, then it fell apart. So the question is which summer.

Agree2 2Disagree

19 Feb 2017 10:25:32
So honestly lads how many on here are calling for a new manager?

How many of you are asking where certain players have gone?

Why can't you see that this is what you have been calling for and this has been the consequence, for the last 10 years at least.

Gary Brazil is a new manager, is it new manager 7 or 8 I lose count? He has his own thoughts about who he rates and who he can get to perform and as we can see is completely different to Philippe Montanier.

As soon as we lose a couple of games the call goes out, from a certain section of fans, we need a new manager. Take your pick Warburton, Pearson, Rowlett, Clough get any of them in right now and they will change everything again.

We played well yesterday against a good settled side. The atmosphere in the ground was better and we deserved at least a point.

Stop calling for new managers every time we lose a few games. Because Fawaz listens to calls like these and he acts on them.

Not the only reason we are in a financial mess right now, but at the top of the list for the most damaging.

Believable8 5Unbelievable

19 Feb 2017 10:37:58
Wishey, managers are:
Steve cotterill (albeit for a day)
SOD
Alex McLeish
Billy Davies
Gary Brazil
Stuart Pearce
Dougie Freedman
Paul Williams
PM
Gary Brazil

I think we should offer it back to DF. Sorry Skeg, he's bad but not as bad as Brazil.

Agree6 6Disagree

19 Feb 2017 11:06:31
2star if that muppet came back here I would start supporting Boston town he would definitely be the nail in the coffin anyway if there was one manager that was coming back it would after be Billy Davies simple sorry 2 tone B-)

Agree6 4Disagree

19 Feb 2017 11:23:33
2 Star thanks for that.

Now just recall what each and everyone of them did as soon as the reached a transfer window. (Those of them lucky enough to last long enough to reach a transfer window)

' I need 4 or 5 players. I need to strengthen the squad. '

What are any of those managers like given a full season in charge?

Billy Davies, who I hate with a passion, was given his chance the first time round. In my opinion, he did well, but reached his limit and would have shut the academy. He should never been reappointed.

The rest of the longer term appointments had more of a long term view and were trying to build the club. Sadly we will never know how good O'Driscoll, Pearce, Freedman and Montanier would have been given time.

I personally think if we had stuck with any of the four, we would have been better off, both from a financial and stability point of view.

Agree2 5Disagree

19 Feb 2017 11:32:41
Skegsjay,

Billy Davies first time round got us to the play offs. (His limit) Lost to 10 man Swansea. He was backed. He was given time. That is Davies at his best. He should never have come back!

He managed to get Derby into the Premier League, then left the worst team in Premier League history (God it feels good to type those words again) He left them with a team of expensive failures. A mess I believe Nigel Clough sorted out for him.

Agree3 4Disagree

19 Feb 2017 11:38:23
Billy davies acheived nothing as our manager. Skegsjay you surprise me as if it was not for the rebuilt acedemy whjch he burnt to the ground we would be desperate today. No as much as you despise DF is heart was in the right Place. BD was on a mission to settle scores and destroy the club. Horrid man.

Agree3 4Disagree

19 Feb 2017 11:41:14
I thought he was the best manager we've had in ages we actually played decent football under him and a lot better than any of the managers you have mentioned what do you reckon 2 tone :-)

Agree4 3Disagree

19 Feb 2017 12:30:08
Now hang on a minute Skeg I'm 2 tone's billy Davies antagoniser! I think DF was naff too pal. I'll come to Boston with you.

Agree2 2Disagree

19 Feb 2017 12:46:37
Any true forest fan would not want davies back. Whst he did in his second term had nothing to do with the success of the club. It was Billy Davies time the club was incidental. He should be lined up and shot with his own rubbish and if you like him the stand and protect him. Pearce and Freedman loved this club, davies loved himself. Total awnker.

Agree2 3Disagree

19 Feb 2017 13:36:43
Rutland lol Davies different class to df sp lol bring back Davies.

Agree3 3Disagree

19 Feb 2017 13:30:43
Opinions Skegsjay, we are all entitled to them. I respect you for sticking with your opinion.

It amazed me how few Billy supporters I could find after the 5-0 defeat to Derby. Billy was a little illusion too.

I don't think you will find many Derby or Preston fans calling for him to go back to manage their clubs again either.

Agree1 2Disagree

19 Feb 2017 13:56:09
Donald Trump, perhaps an odd choice. One thing I do grasp is his perception of some the media, he doesn't seem to articulate what he means that well. Fake news, what does he mean by that? It could mean the stories have are an account of an event but the reasons given lack integrity and set out to manipulate and deceive the public. Here's a few Davies didn't play acccademy players, this is true. This develops into his quest was to destroy the ND academy. Does that statement lack integrity. He didn't dislike young players that's for sure as he nurtured many. He was divisive and no one likes him. Intriguingly several players have come out and said he was divisive but they loved playing for him, slightly different to the way the press developed the divisive theme. Personally I think the ship has sailed a long time ago but I do feel some of the views worthy of respectful challenge. What I want as a paying fan is a manager who gets every player fighting for the club, wanting to play for the manager and each other and gets every player reaching their full potential. Without those things forget anything else because success for a team requires the manager in every walk of life to nurture those things. Seems like Billy had those attributes in spades.

Agree3 2Disagree

19 Feb 2017 14:17:49
2 Star good point!

I wish I could find the original quote, so please accept my apology for paraphrasing.

Davies: 'I want nothing to do with the Forest Academy. I am not paid enough to look after that and the first team squad'.

Agree1 0Disagree

19 Feb 2017 14:27:02
Bd one of the best managers apart from sod fawaz screwed them both over.

Agree1 2Disagree

19 Feb 2017 14:36:09
We will never know if the reporting at the time lacked integrity, any clever person can blur contexts especially journalists. I have no intention of trying to change anyone's views but feel the backing his had from former players may suggest some of the journalism about him has lacked integrity.

Agree0 1Disagree

19 Feb 2017 15:14:28
I refer mainly to his second spell at the club. He disrespected the fans the owner and a lot of the long serving staff. let's just move on. He ain't coming back but if he did as a fan i would have to get behind him. He has qualities but let himself down badly last time. But any manager picking a forest team needs our support.

Agree1 0Disagree

18 Feb 2017 20:17:28
Well Mr Brazil has found his level which is not Championship manager.

I am all for giving the academy players a chance but this league is unforgiving and you cannot play 442 with a spine of Smith, Worrall, Osborn, Brereton?

Individually they are worthy of selection but at this level you need to pick a strong spine and revert to 3-5-2 to stop the goals first and close the space down in the last quarter of the pitch.

The irony is we now have the offensive players to play on the break but we need to play more direct and with pace. We have the personnel but unfortunately there seems to be a political selection system operating between the summer signings the academy favourites and the newbies.

Based on current injuries and talent the answer is between the 3 factions. The full backs pick themselves but from Osborn down we should not have more than 3 academy players starting any game if we are going to stay up?

Brazil needs to wise up quick or go find a wise head to bring in to show him how to get the best out of his whole squad not just his favourites. We are still playing for this season not next?

Believable6 9Unbelievable

18 Feb 2017 21:26:54
Well it doesn't matter who we have in charge know one will ever get a really go at management in this club a couple of defeats and he's not good enough for this level but it was only 2 weeks ago everybody was saying how great he was. Then let's give youth ago now your saying there not up to it again it was only the other week everyone wanted youth in the team. Also how can anybody win a game when they have a defence like ours today no really centre back in their and then we are back to the same thing it was the wrong formation we should of played this and that at the end of the day we are not good enough.

Agree4 2Disagree

18 Feb 2017 22:21:40
If it wasn't for Smith, Brereton and Osborn today could have been a lot worse. Let's face it the team did nothing when the crocs (not Britt) came on.

Agree5 1Disagree

18 Feb 2017 23:25:53
Play the kids, don't play the kids. Give it to Brazil, he's not good enough! Let's be honest when we all seen the lineup this morning we all feared the worst. No Hobbs, mancienne or Mills. Was always going to struggle without one of those in the side.

But we started well enough, hit the bar, even missed a penalty. I imagine the game being a little different if one of those had gone in. Be nice if we could give the manger and the players support at least til the end of the season. I mean it could be worse.

Agree6 1Disagree

19 Feb 2017 07:45:01
It's a funny old world isn't it and just proves that most fans havnt got a clue. give all the kids a run out, we need more experience on the pitch. brazil is god look how many clean sheets we have, brazil needs to go now before he takes us down. lol.

Agree2 2Disagree

19 Feb 2017 08:21:58
Said it many times before we just don't get any luck 99/ 100 the keeper would have been sent off he was lucky he just happened to be playing Forest!, i can understand it if the player is heading away from goal but Brereton had gone round him and was ready to slot it in the net, the keeper had his head in his hands knowing he was off. If i did my job that bad i would be sacked!

Agree6 0Disagree

19 Feb 2017 09:43:06
Ha ha the hindsight warriors are out again.

Agree2 0Disagree

19 Feb 2017 10:55:37
lol hindsight warriors - loving that - brilliant. Funnier still is that it's a warrior we all have in us isn't it .

Agree1 0Disagree

19 Feb 2017 13:22:55
Its the usual singing when were winning, we didn't get played off the park yesterday and were unlucky not to get something from the game. If we won the next couple of games I'm pretty sure the comments and vibe would change back again.

Funny and fickle is the usual forecast on here:)

Agree1 1Disagree

18 Feb 2017 18:22:27
Div 1 next season we have nothing simply has much has it hurts we are a division 1 side no heart just ain't good enough we'll be doing a Blackpool, Portsmouth at this rate.

well at least Lincoln city are showing how to conduct yourself on and off the pitch. our club is pathetic we have a bit of history but I'm afraid it stops there.

Believable7 9Unbelievable

18 Feb 2017 18:40:08
I've said it before, we DO have a decent squad, just needs proper direction. I'm afraid Brazil's just not up to it.

Agree7 6Disagree

18 Feb 2017 19:47:01
I agree Rogie, GB ain't the man to take us forward. The Championship is an absolute beast of a league and requires a lot experience to get out of it.

Agree4 3Disagree

18 Feb 2017 20:02:14
Jls, if we win a game you be saying play offs here we come.

Are we a good side no, will we be relegated, i think not.

Next season we have to forget the glamour signings, and big time Charlies as either permanent or loan players.

Agree4 1Disagree

18 Feb 2017 20:29:45
There's 5 or 6 teams worse than us in this league so I wouldn't nor am I worried about relegation.

Agree7 3Disagree

18 Feb 2017 21:17:48
Our last 3 games have been Norwich, Fulham and Sheff Weds, 3 of the most inform teams in the league at the min. I didn't expect any points from these games and they're not the games we need to win, aslong as we beat the teams in the bottom half we will be fine. I don't understand the panic?

Agree8 2Disagree

18 Feb 2017 22:52:58
Please explain Today's Burton result!
CARLO.

Agree1 3Disagree

19 Feb 2017 06:24:34
Carlo Norwich are so hit and miss, and before yesterday had won 4 drawn 2. They lost the same result to Rotherham not long back. Don't really see what your point is though.

Agree3 0Disagree

19 Feb 2017 07:48:09
Carlo it's simple anyone in this league can beat anyone. everyone knows this. does that ONE result make clough the messiah? does it hell.

Agree3 0Disagree

19 Feb 2017 10:28:05
No but what does it say about our wipe out at Carrow rd?
CARLO.

Agree1 1Disagree

19 Feb 2017 15:12:58
Says that we played them on one of their better days?

Agree1 0Disagree

16 Feb 2017 14:09:55
All in all sounds like we are in a right financial two and eight, seems the debate is, who is to blame. know who tops my list?

Don't suppose we can afford a DOF or CEO now, just when you think things can't get worse
Bit of an issue about the last regime, but didn't MA try to con us?

Can't see any light at the end of the tunnel. Just can't see any positivity, makes me feel so low.
CARLO.

Believable3 12Unbelievable

16 Feb 2017 18:55:35
Manchester utd 580 million in debt, benfica 380 million in debt, Barcelona 280 million in debt, I blame fawaz give the bloke a break.

Agree14 4Disagree

16 Feb 2017 19:39:34
These clubs have a value that outweighs their debt
We dont.

Agree9 1Disagree

16 Feb 2017 19:57:44
JRS what a plonker comparing forest to Man Utd and Barcelona. In the case of Utd the value of the club far outweighs the debt. In our case our debt far outweighs the value of the club. All pretty schoolboy stuff to be honest.

Agree6 12Disagree

16 Feb 2017 21:20:05
As I have said all along the only assets we have are the players, and the training ground.

Agree3 0Disagree

16 Feb 2017 23:03:57
The youth system was our only asset but the guys running it have now been moved, thanks again Fawaz!
CARLO.

Agree2 5Disagree

16 Feb 2017 23:12:19
Plus there debt goes down month by month not up month by month like us.

Agree3 1Disagree

17 Feb 2017 20:38:30
man u. that's what happens when your hell bent on buying sucess at any price, hope it goes up into the billions,

Agree0 0Disagree

18 Feb 2017 11:23:50
OK so we are in a financial mess so please explain to me the finances of all other clubs and how they are different to us. Look at the gates of other clubs it is not simply attendances.

Agree0 0Disagree

18 Feb 2017 10:23:11
Actually man utd there start of successful period under Ferguson didn't take a lot of finance it started in the youth set up ie Beckham, giggs era maybe people should take note, I remember utd getting stuffed at Villa with all those kids everyone wrote them off with a bunch of kids playing. 9 months later that season the same kids won the premiership, my point is play the kids.

Agree0 0Disagree

18 Feb 2017 10:49:20
Talking about clubs miles bigger than us, but with debt,s of about £135 million we, are not too far behind them in the debt stakes.
CARLO.

Agree0 0Disagree

15 Feb 2017 12:34:07
Now then people get you heads around this little stat. Fawaz has just written off a £17 million debt owed to him personally - if all season tickets were £500 (many are cheaper) it would take 34,000 season ticket sales for the supporters to raise what our owner has just gifted to the club.

In accountants speak the financial statement also makes it clear that the club would cease to operate without the current levels of funds from our owner.

This has an alarmingly similar look to the final months of the Nigel Doughty ownership.

Those who abuse the current owner and his family might want to think on before doing so again.

Believable27 17Unbelievable

15 Feb 2017 13:00:14
He hasn't gifted anything? He's stolen the Oliver Burke money!

There is no writing off? He's borrowed £50 million quid against the club from an outside source, paid himself off, and saddled the club with a £83 million quid bank loan which now needs repaying with crippling interest rates that will finish this club.

Who would do such a low down trick?

Thanks Fawass I love you, you're so big and amazing. xx

A million pound mortgage at current rates costs £4,185 a month for repayment and interest over 25 years. Times that by 83 and you get a staggering £347,355 pounds per month repayment.

Now the interest rates is probably a fair bit lower on such a high amount of commercial borrowing, but he has put us on a par with Blackburn and limited his potential loss to £55 million quid.

If you look at it one way you could say he has sold the club to the bank rather than JJ Moores.
Instead of being £120 million pounds in he's £55 million quid in. About the amount he stood to lose by selling to Moores.
So he gets to keep control (he likes that) and gets to limit his exposure whilst ruining the future of the club.

We stand in the last chance saloon and if we don't get promoted next season we WILL fold!

Why because the club cannot sustain £4.168 million pounds worth of repayments PA on loans with an £18 million pound turnover.

There is only one reason why BB is being played above Britt with GB purring about him at every opportunity and that's because they have to get mega money for him at the end of the season.

FAWAZ OUT!

Agree26 23Disagree

15 Feb 2017 13:34:56
no22, you are stark raving bonkers. You have accused Fawaz of stealing the Burke money. I think you may get a law suit in the post very soon for saying that. The Burke money will be shown in the next set of accounts. Fawaz has not borrowed money from any bank. If he had it would be clear in the accounts, it is not.
You are crackers.

Agree23 16Disagree

15 Feb 2017 13:52:59
The Club is insolvent. Averaging losses of 20m per annum without continued support of Fawaz statements would say it is not a going concern.

With a wage bill in excess of income the only way out of this is promotion to the Premier League.

Agree15 2Disagree

15 Feb 2017 13:58:53
He has not stolen burkes money they are last seasons accounts, not this season.

Agree14 11Disagree

15 Feb 2017 15:24:55
No22 you are living in fantasyland.

Agree15 10Disagree

15 Feb 2017 16:53:50
well no22 I know what your saying and cannot agree more. from what you are saying I have a good idea what you are and who you are. I have every respect in your analysis of fawaz that is why any body with half a brain cell in the past has flushed him out and will do if he employs employs any body with fiance know how.

Agree7 7Disagree

15 Feb 2017 18:21:44
Worryingly for Forest fans, the accounts state: "After having taken into account a range of possible outcomes arising from on-pitch performance, the forecasts and predictions adopted as a basis for going concern show a further funding requirement in excess of the current level of funding facilities immediately available to the Director.

"Therefore the Director acknowledges a material uncertainty in the event the company's ultimate beneficial owner becomes unwilling at any time to continue to provide funding support to the business to the general level that it previously provided.

"It should be noted that there are management initiatives that can be pursued to mitigate any potential funding shortfall including the sale of players and other business assets. "


In other words.

Fawaz has borrowed to the limit. No one on earth will put another penny into the club.
We have a want away owner so the only option is to sell the club, which is now a financial basket case, or sell BB just to keep the club running for 1 more season.

Quote
" the forecasts and predictions adopted as a basis for going concern show a further funding requirement in excess of the current level of funding facilities immediately available to the Director. "

There are no more loans to borrow.

So what's going to happen next season? Ooooh you got to love Fawaz.

Agree8 6Disagree

15 Feb 2017 19:30:32
So if Fawaz went we would be alright? Would you mind explaining how that works? Because when Nigel Doughty did the same we were in a mess.

Agree5 4Disagree

15 Feb 2017 20:32:54
No22. At last someone on here who know what he is talking about. I have given up trying to explain just how disgraceful the owner has been and still is.

I am afraid many fans do not understand the accounts ( nor should they be expected to) and the the likes of Wisheydove, Etc just focus on the last couple of results.

The future is scary if he remains at the helm, and the accounts just prove that his sale price demands are unrealistic as any potential buyer is buying a huge debt.

Agree9 5Disagree

15 Feb 2017 21:33:07
I think many of us understand the gravitas of our situation. NNR, from my own point of view starving the club of income by staying away and protesting is not going to help. expressing that view doesn't mean I'm not petrified by the future because I am. If I thought protesting would make him sell I'd do it. Is there no way we can have encourage the owner to meet with a fans forum and persuade him to go?

Agree1 0Disagree

15 Feb 2017 22:31:37
No22 did you read the bit on page 16 where it says "the director has a resonable expectation that the company will have adequate resources to continue in operation existence for the foreseeable future" can't understand why you would miss that piece out.

Agree3 3Disagree

15 Feb 2017 22:49:21
Writing off loans is irrelevant except for ffp purposes. If Forest remain in championship for foreseeable future then no one is going to give Fawaz anything close to his remaining loans anyway. If they get into the Premier League the value could be well in excess of any loans and he would get them back with a premium. Therefore the writing off is just an exercise to keep the club within ffp. Nothing more nothing less no grand gesture just common sense at this time.

Agree2 1Disagree

15 Feb 2017 22:59:55
Northnottsred

My thoughts are always on the long term. Recent results have nothing to do with my opinion.

Levels of debt are only a problem if you cannot service the debt. Man Utd carry a massive debt, but are currently the richest club in the World.

We can service the debt by selling players like Brererton and Burke. We could also service it by relying on Fawaz. Without doubt boycotts make servicing no the debt more difficult, which is why I am against them.

Agree4 4Disagree

16 Feb 2017 16:48:01
Two things.

1. FAH has been in charge for almost five years and is clearly therefore fully responsible for failing to establish a sustainable business.

2. I'd rather the club have to rebuild from next to nothing now than see this jackass run us any further into the ground.

Agree3 2Disagree

17 Feb 2017 00:51:29
To be Honest I am a Tad confused over the numbers running cost Is at 26 million that is 542,000 p/w? That is pretty much double what I was expecting?

I thought at most the players where on is 350,000 p/w if there on double that then we really need to get quite a few mutual terminations on the cards.

I assume the players is the main expenditure because there hardly any coaches at forest anymore least not listed on the staff side on website and there only one scout I know of there.

Also I don't really see any real investment because he just borrowed the money and put it against the club and the amount he borrowed far out ways the amount he invested?

Or am I just seeing the numbers wrong?

Agree0 0Disagree

17 Feb 2017 10:13:05
Oh - and that £17M? He personally blew every single penny of it, and plenty more besides that the club still carries the can for.

Agree2 0Disagree

17 Feb 2017 20:12:35
Argue it all you like.

What is happening is the owner is shifting the losses out of his responsibility and onto the club.

It is no longer some big dream for Fawass to own this club. It is a nightmare that eats 2 million quid a month.


Never mind this and that. Tell me why the debt jumped from one single loan of £30 million to a total debt of 83 million, to all creditors, in one seasons accounts.
No mention of who the creditors are, but it certainly proved that it isn't Fawass.

What does this prove? It proves the "creditors" are mostly banks! Apart from some small scale suppliers, caterers, kit, merch, cleaners, agents, police, HMRC. If you need the exact figure go look at last years accounts. the numbers won't be radically different for those types of suppliers.

The accounts state we are at the end of our credit limit with regards to financial institutions and the only thing keeping the club solvent is the chairman who wants away and has busily been off loading his responsibility.

Let me state that clearly. There are no more lending resources available.
We are mortgagded to the hilt. On stops, At the end of the slate.
Forest are at the limit of their credit!

To know this someone has to of maxed out. The value of the club is dwarfed by its debt. it is insolvent right now.

You don't need to be a genius to work out that the usual creditors listed above would be a few % of that figure. HMRC being the biggest.
So take a few million quid off the 82 million and that's what Fawass has been busily loaning in the last year to "run" the club.

Minus the £30 million loan he previously took out to spend on the running of the club. whilst telling you on TV he was paying millions a month an you should all suck his root and be grateful.

We don't spend £50 million a season! So where did the rest of the loans made against the club this financial year go? Why did Fawaz's exposure go down? Understand yet?



His loans to the club are now put at £55 mill or whatever the figure was. Not the £120 million he keeps bawling on at the ginger princess.


So where did it all go?

Obvious isn't it? Fawaz's debt goes down but the clubs goes up?

Do you really think he'll be bothered bank rolling the club when it really starts costing him money. Not just loaning it in the delusion that he'll get it back later?
Actually spending it week in week out!


He is limiting his liability to future losses by pushing the losses off of his book and into the limited company called Nottm Forest.

When it all goes pop, and starts costing big time, we'll be in admin because no one will pay more than token £1 amount to take on the £82 million quid debt. Or the 2 million quid a month bill for running the club.

Let's hope JJM's really got the bug when he sat eating fish and chips on trent bridge! He was prob very shrude offering a low amount for a club he knew would be worthless in a years time.


Please also remember that 17.9 million quid also got wiped off the debt owed to Fawass!
Wow that figure looks suspiciously like a large cash sum from player sales.
Next season the claimed gift to the club will be revealed as a payment to reduce debts to the owner, not a gift from a wealthy benefactor.

I suspect he'll be long gone by then.

I would say Fawaz out but I think that's a formality judging by his actions.

Agree2 0Disagree

15 Feb 2017 10:46:30
Accounts have been published. Fawaz currently owed 55.6 million. Creditors owed 82.8 million. Two questions which creditors are owed such a large amount. Secondy if Fawaz sells the club will the new owners incur the debt to the creditors?

Believable1 1Unbelievable

15 Feb 2017 11:11:43
The debts belong to the club not fawaz.

Agree2 0Disagree

15 Feb 2017 12:43:37
Exactly! The debts belong to the club. Thanks a lot you rotten lousy douche bag.

Fawaz has put nothing in.
He values the club at 50 million and still owns the asset. So, you tell me what he has put in?

NOTHING!


Somehow he has managed to rob the oliver Burke money and reduce his debt whilst loading the club with another £50 MILLION QUID of debt on top of the £30 million bank loan he took out three seasons ago.

This is the work of a man who's limiting his exposure to loss.
In doing so he has put the future of the football club at risk. These loans now come charged with interest, where as before they were "borrowed"through him and interest free.

Better hope he sells soon, but who's going to buy a 50 million quid (fairy tale estimate) football club with a 83 million quid debt. the club is now worth MINUS £30 million!

Imagine the interest and repayments on £83 million quid. There's one answer to why the club will never make a profit. This is a slippery slope to failure.

FAWAZ OUT!

Agree13 6Disagree

15 Feb 2017 13:09:25
Emergency loan for a goalkeeper. £82.8 million emergency loan for the owner is what we should pay attention to.

F, . pdzxl; HELL!

Agree3 3Disagree

15 Feb 2017 20:37:31
With no.22 on this pretty obvious the window dressing in accounts we still have an operating loss of £23 million! Fawaz writing off £17 million isn't money back in the club just a paper exercise and does anyone really believe fawaz will get that back when the club is worth less than 'nowt' and still losing over £20 million a year! The Directors report comment that club funding requirement is more than funding facilities available to fawaz is interesting I hope it means he is preparing to sell in the summer it is beyond me why any true fan would not want this to happen when you objectively review the last 4.5 years of his ownership the fiasco it has been and the financial burden sitting on the clubs balance sheet through his ridiculous decisions. On the to he said actions will speak louder than words so where is the new CEO director of football scouting network manager. inaction speaks louder than words from a fan of 50 years please go Fawaz.

Agree4 1Disagree

15 Feb 2017 22:02:10
Well said lincs how many times do we after fall for the jokers lies so gullible are we forest fans.

Agree1 1Disagree

15 Feb 2017 23:18:37
Fans need to think about the long term just as a good owner would I go to support my team every week and I think we will be ok and stay up but over the last 4.5 years with £80 million debt added to the club is being happy at bottom half of championship really progress it's unbelievable that the owner has any support at all with that track record.

Just reflect what's happened to the club in his time here he has nearly ripped the heart out of it the fans are desperately wanting success but that will only come with an owner who has a longer term strategy a realistic plan and good qualified football people in a proper structure - without any of that we have no chance.

The Americans had a plan a structure and proper people lined up I was gutted when that fell through and over a month later fawaz has delivered nothing of his promises for action.

People worry about what will happen if fawaz goes with no buyer and we might go into administration well If we do as fawaz and the family are the only creditors they will be the only ones facing a financial loss so unlikely but then the club would be debt free and available for a sensible price for proper owners to build a proper club.

I know it means a points reduction but I don't see that as the nuclear option ( our local neighbours bounced back) for me the nuclear option is fawaz and family staying and delivering more chaos and short 'termism'.

our club is so unique in english football and I cherish that it's so worth fighting for so open your eyes fans our owner is not fit for purpose keep the pressure on.

Agree3 1Disagree

17 Feb 2017 20:30:25
Fawaz has already had his money back?

His losses are at 55 million. Don't forget he also still owns the club! Valued at £50 million.
So what has he spent? What is he owed in real terms, what has his total investment been. Drum roll! 5 MILLION POUNDS! Just 5 million to bankrupt the famous team and walk about like a king telling everyone how great he was.

He did the same thing at Quadsia. Thay hate the man. According to a guy from Kuwait on twitter! When Fawass left he tried to sell all their players because he owned all of their contracts! Nearly ruined them.


He has effectively sold Nottm Forest to the bank (or any other mug who'll loan him 50p) in the form of a loan.

Looks like he's taken £50 million out the bank and pushed it onto the clubs back.
£17.7 million transfer fees paid down to make it look like a gift when really all he did was take the money and we'll see it as a payment against debts owed to the owner in the next accounts.

Add em up.

50 + 17.7 and 55 million still owed.

Looks awfully like the amount he said he was in for.

£120 million.

The accounts tell you he's noww owed £55 million not £122m or whatever fanciful figure the magician quoted.


Anyway it's all legal because you can't steal your own money.

Or it is until you fail to pay and get investigated.

Agree1 0Disagree

17 Feb 2017 23:44:29
The finances are shocking the way the club is run is shocking still no CEO no manager no dof no scouting network no plan beyond the end of the season and the latest accounts enabling people to rumble fawaz - young man it's time to go!

Agree0 0Disagree

14 Feb 2017 21:56:38
Oh well never mind Fulham a decent team this year just hope we can pick up a few wins by the end of the season. Fourth season on the trot that I've wanted over by Xmas which is a shame.

Quite depressing but haven't got it in me to expect too much now. Good on Brereton nice to see the lad score again although I did think assombolonga would start with mcormack. Strange team selection but I'm not the manager and who'd wanna be.

Probably need a bit of a mass clear out as some of our seasoned players who on paper are gud may have just become stale like the club has and probably need a new start to revitalise them a bit.

No blame on the management team as who'd wanna be in their shoes can't do right for wrong. As long as we beat shaggers I mite just smile again . We won't go down but boy what a rubbish season.

Believable9 1Unbelievable

15 Feb 2017 06:17:06
management should have brought subs on earlier, so it is them to blame. 3 up front early on and forest would have been in a good position. fulham were easy, till they settled. and yes a good clearout is needed. same players making same mistakes time to cull the problem players. more training needed and drill it into them, to stop giving opposition easy chances from fouls outside the box.

Agree3 3Disagree

15 Feb 2017 09:38:12
So all out attack would have prevented us conceding 2 poor goals.
The second for them skipped past three players without a challenge and goalie bottled a 50/ 50 for their third.
We played well away to a decent side.
Won't go down and the youngsters are getting experience, it will take time but we will be fine.

Agree4 3Disagree

15 Feb 2017 10:18:30
Why would you put mccormack in instead of Brereton lol some fans make me laugh 😁 more scraps from other teams and because he had a good record of scoring he should be top of our list to play every week yet we have a lad that's scored twice in 3 games and because he's not been a proven scorer he should be on the bench Brereton over mccormack any day of the week.

Agree2 8Disagree

15 Feb 2017 14:06:56
Jeez Skeg, he has only played 2 games and came on as a half hour sub in one of those. How is it exactly he is top of the list to play every week, we haven't even gone a whole week of games yet he can play in.

I understand you don't agree with his signing but are you really going down the DF moan a minute route with him as well, that's sad boy:)

Agree5 1Disagree

15 Feb 2017 15:42:21
Your right ginge I am sad deal with it lol your right though Brereton 1 and a half games 2 goals not bad hey.

Agree1 3Disagree

15 Feb 2017 20:05:17
Skegativity returns, good Lord, let's hope DF does too too:)

Agree1 0Disagree

14 Feb 2017 16:31:57
Ben hamer on loan from the Foxes he is not getting game time plus he lives localy😎.

Believable3 2Unbelievable

14 Feb 2017 17:03:28
Will they deal with us after last time.

Agree0 0Disagree

14 Feb 2017 18:37:00
There is no loan window so no hope of it!

Agree2 1Disagree

14 Feb 2017 18:56:41
Mini,
Emergency window.

Agree2 1Disagree

14 Feb 2017 19:12:14
We can have an emergency loan as Etimove is injured as is Henderson and Smith has played less than 5 first team games😎.

Agree3 0Disagree

13 Feb 2017 17:08:00
Henderson having surgery today, will not play again this season.

Believable3 8Unbelievable

14 Feb 2017 14:41:25
Why do people disagree with something that is fact? He won't play again this season the club have announced yet 3 people from 5 think they know better.

Agree3 11Disagree



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