Will Tan now pay Nantes?

I was just thinking about the January window and how it will be a really important window now we can pay transfer fees. If we are either in a promotion hunt or relegation fight we need to recruit very smartly.

It did get me thinking however, there is no guarantee that Tan will pay the full £17m due to Nantes and the sanction to be lifted. Doesn't he have 30 days to do so? Is there any confirmation this has been paid or pending payment etc?

We've withheld payments before, what are the chances of it happening again?

I am worried that if the payment isn't completed to put all of this behind us then we will have much more serious penalties/restrictions against us.

I was just thinking about the January window and how it will be a really important window now we can pay transfer fees. If we are either in a promotion hunt or relegation fight we need to recruit very smartly.

It did get me thinking however, there is no guarantee that Tan will pay the full £17m due to Nantes and the sanction to be lifted. Doesn't he have 30 days to do so? Is there any confirmation this has been paid or pending payment etc?

We've withheld payments before, what are the chances of it happening again?

I am worried that if the payment isn't completed to put all of this behind us then we will have much more serious penalties/restrictions against us.

You mean the money that was put to one side dalman the paid liar once said. Let's hope tan pays it as that's what the legal system has said otherwise we will be in the same boat this season

If the club pay the £17m how will that affect FFP?

Has the fact that the money has been "accounted for" in the books mean that it would not be treated as payment of one huge lump sum because if by paying it we are treated as already have spent £17m then this seasons loss is going to be massive.

Which in turn would lead to probable points deductions.

Yes Tan will finally pay everything owed as we have not only been threatened with a massive Transfer Embargo, We have been told we will even be banned from signing loans and free transfers they are that fed up of us.

And We have been warned there will be NO 30 day extension this time.

Four and a half years later.

I was just thinking about the January window and how it will be a really important window now we can pay transfer fees. If we are either in a promotion hunt or relegation fight we need to recruit very smartly.

It did get me thinking however, there is no guarantee that Tan will pay the full £17m due to Nantes and the sanction to be lifted. Doesn't he have 30 days to do so? Is there any confirmation this has been paid or pending payment etc?

We've withheld payments before, what are the chances of it happening again?

I am worried that if the payment isn't completed to put all of this behind us then we will have much more serious penalties/restrictions against us.

You mean the money that was put to one side dalman the paid liar once said. Let's hope tan pays it as that's what the legal system has said otherwise we will be in the same boat this season

Ian,

We were totally lied to and their fans argued at the time, why is everyone worried the monies been put aside lol.

can someone explain how this all links with the nantes officals being arrested as well. surely it would of been best to pay the money to FIFA, who could then hold it until all this was sorted.

but i think this case might be the thing causes tan to have a "dropping the penny" moment and actively seek to sell.

can someone explain how this all links with the nantes officals being arrested as well. surely it would of been best to pay the money to FIFA, who could then hold it until all this was sorted.

but i think this case might be the thing causes tan to have a "dropping the penny" moment and actively seek to sell.

Technically we still owe this money to Nantes so it needs to be paid from FIFA's point of view, regardless of officials from Nantes being arrested.

I don't think there would be a precedent for paying the money to FIFA and them holding on to it until things were sorted anyway.

What he has to do is pay the money this month then go after Nantes in the courts. Whether he will pay it this month I don't know.

As said above, I don't know how this would impact FFP.

Yes Tan will finally pay everything owed as we have not only been threatened with a massive Transfer Embargo, We have been told we will even be banned from signing loans and free transfers they are that fed up of us.

And We have been warned there will be NO 30 day extension this time.

Four and a half years later.

Basically then, if the money is not paid this month by Tan then we are in serious trouble.

I wonder if the club will put out a statement if/when the money is paid so as to calm all of our nerves! Probably not!

Yes Tan will finally pay everything owed as we have not only been threatened with a massive Transfer Embargo, We have been told we will even be banned from signing loans and free transfers they are that fed up of us.

And We have been warned there will be NO 30 day extension this time.

Four and a half years later.

Basically then, if the money is not paid this month by Tan then we are in serious trouble.

I wonder if the club will put out a statement if/when the money is paid so as to calm all of our nerves! Probably not!

Beyond massive.

Dalman will make sure it’s paid.

Perhaps Tan was intending to use the money received from the sale of his Belgian club to pay the monies to Nantes?

Looking at the other thread regarding that sale it seems he won't be getting that money any time soon.

I was just thinking about the January window and how it will be a really important window now we can pay transfer fees. If we are either in a promotion hunt or relegation fight we need to recruit very smartly.

It did get me thinking however, there is no guarantee that Tan will pay the full £17m due to Nantes and the sanction to be lifted. Doesn't he have 30 days to do so? Is there any confirmation this has been paid or pending payment etc?

We've withheld payments before, what are the chances of it happening again?

I am worried that if the payment isn't completed to put all of this behind us then we will have much more serious penalties/restrictions against us.

The amount now due to Nantes is Euros 11 million not Euros 17 million and yes it will be paid. The process to get the money together started as soon as the EFL appeal committee reached their decision.

I was just thinking about the January window and how it will be a really important window now we can pay transfer fees. If we are either in a promotion hunt or relegation fight we need to recruit very smartly.

It did get me thinking however, there is no guarantee that Tan will pay the full £17m due to Nantes and the sanction to be lifted. Doesn't he have 30 days to do so? Is there any confirmation this has been paid or pending payment etc?

We've withheld payments before, what are the chances of it happening again?

I am worried that if the payment isn't completed to put all of this behind us then we will have much more serious penalties/restrictions against us.

You mean the money that was put to one side dalman the paid liar once said. Let's hope tan pays it as that's what the legal system has said otherwise we will be in the same boat this season

Mehmet Dalman has never said that the money to pay the Sala transfer fee had been put to one side. Someone who attended a meeting on the day Mick McCarthy was sacked just misunderstood what was said and it led to an inaccurate series of posts based on that wrong information. What was actually said (I know because I was there and heard it) was that provision had been made for it in all sets of accounts since the May 2019 ones. This was a provision in the balance sheet not actual cash set to one side and was made clear at the time (and many times since including on this message board) by both the club Chair and the club Finance Director.

Yes Tan will finally pay everything owed as we have not only been threatened with a massive Transfer Embargo, We have been told we will even be banned from signing loans and free transfers they are that fed up of us.

And We have been warned there will be NO 30 day extension this time.

Four and a half years later.

Annis, there IS a 30 day allowance to pay the money, starting from the date the EFL appeal decision was announced. If we don`t make that deadline then indeed the club does face severe repercussions including further and greater transfer embargos.

If the club pay the £17m how will that affect FFP?

Has the fact that the money has been "accounted for" in the books mean that it would not be treated as payment of one huge lump sum because if by paying it we are treated as already have spent £17m then this seasons loss is going to be massive.

Which in turn would lead to probable points deductions.

1. it is not 17m it is 11m
2. paying it will have no impact of the EFL Profitability and Sustainability rules as a provision of over £20m has been included in the audited annual accounts since May 2019. If the total eventually paid to Nantes , including interest and legal fees, comes to less that than provision then the loss will be reduced not increased.

If the club pay the £17m how will that affect FFP?

Has the fact that the money has been "accounted for" in the books mean that it would not be treated as payment of one huge lump sum because if by paying it we are treated as already have spent £17m then this seasons loss is going to be massive.

Which in turn would lead to probable points deductions.

1. it is not 17m it is 11m
2. paying it will have no impact of the EFL Profitability and Sustainability rules as a provision of over £20m has been included in the audited annual accounts since May 2019. If the total eventually paid to Nantes , including interest and legal fees, comes to less that than provision then the loss will be reduced not increased.

I think 17m was the overall amount and we obviously paid the 1st installment? .

Any update on this?

Surely time is ticking

Any update on this?

Surely time is ticking

I notice that so far we don't seem to have signed any players on the "loan now buy in January" basis that a lot of posters thought was a way to get round the embargo which could mean that the club are preparing for the embargo to extend beyond January.

Or maybe Vincent is having a rummage down the back of his sofa for the last couple of million to pay it all off?

Any update on this?

Surely time is ticking

I notice that so far we don't seem to have signed any players on the "loan now buy in January" basis that a lot of posters thought was a way to get round the embargo which could mean that the club are preparing for the embargo to extend beyond January.

Or maybe Vincent is having a rummage down the back of his sofa for the last couple of million to pay it all off?

Not allowed to do that under our embargo that's why .

Any update on this?

Surely time is ticking

I notice that so far we don't seem to have signed any players on the "loan now buy in January" basis that a lot of posters thought was a way to get round the embargo which could mean that the club are preparing for the embargo to extend beyond January.

Or maybe Vincent is having a rummage down the back of his sofa for the last couple of million to pay it all off?

Not allowed to do that under our embargo that's why .

There were quite a lot of posters suggesting that would be a way around the embargo.

Anyway - back to the original question.

Does anyone know if any steps have been taken to ensure that the outstanding payments will be made before the deadline to stop the club being punished further?

Any update on this?

Surely time is ticking

I notice that so far we don't seem to have signed any players on the "loan now buy in January" basis that a lot of posters thought was a way to get round the embargo which could mean that the club are preparing for the embargo to extend beyond January.

Or maybe Vincent is having a rummage down the back of his sofa for the last couple of million to pay it all off?

Not allowed to do that under our embargo that's why .

There were quite a lot of posters suggesting that would be a way around the embargo.

Anyway - back to the original question.

Does anyone know if any steps have been taken to ensure that the outstanding payments will be made before the deadline to stop the club being punished further?

Surely he'll pay it. Been made clear the restrictions will be even stronger if we don't.

He'll probably just use more money off Dalman for it.

Any update on this?

Surely time is ticking

I notice that so far we don't seem to have signed any players on the "loan now buy in January" basis that a lot of posters thought was a way to get round the embargo which could mean that the club are preparing for the embargo to extend beyond January.

Or maybe Vincent is having a rummage down the back of his sofa for the last couple of million to pay it all off?

Not allowed to do that under our embargo that's why .

There were quite a lot of posters suggesting that would be a way around the embargo.

Anyway - back to the original question.

Does anyone know if any steps have been taken to ensure that the outstanding payments will be made before the deadline to stop the club being punished further?

Surely he'll pay it. Been made clear the restrictions will be even stronger if we don't.

He'll probably just use more money off Dalman for it.

Wherever or whoever it's coming from let's hope it gets where it needs to be quicker than the first instalment did!

Can the supporters club or someone get in touch with the club to ask for assurances or transparency?

Don't get me wrong, these signings coming into the club have made a feel good factor around the place but these sanctions that could be imposed on us are extremely serious

We don't want all of this hard work this window to be for nothing

Any update on this?

Surely time is ticking

I notice that so far we don't seem to have signed any players on the "loan now buy in January" basis that a lot of posters thought was a way to get round the embargo which could mean that the club are preparing for the embargo to extend beyond January.

Or maybe Vincent is having a rummage down the back of his sofa for the last couple of million to pay it all off?

Not allowed to do that under our embargo that's why .

There were quite a lot of posters suggesting that would be a way around the embargo.

Anyway - back to the original question.

Does anyone know if any steps have been taken to ensure that the outstanding payments will be made before the deadline to stop the club being punished further?

Surely he'll pay it. Been made clear the restrictions will be even stronger if we don't.

He'll probably just use more money off Dalman for it.

What money off dalman ? That was loaned to the club the season we went up to the Premier league .