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?

1.) 15 Feb 2017
15 Feb 2017 11:11:43
The debts belong to the club not fawaz.

2.) 15 Feb 2017
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!

3.) 15 Feb 2017
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!

4.) 15 Feb 2017
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.

5.) 15 Feb 2017
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.

6.) 15 Feb 2017
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.

7.) 17 Feb 2017
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.

8.) 18 Feb 2017
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!