Fat Ron gives update on the £5m loan

[Omegstrat6]

According to the FLW site, Ron Gourlay has spoken to Birmingham Live about the above loan:

"I firmly believe that the money will come back one way or the other. Do I know whether it'll be tomorrow, next week or next month? I dont" but " there is not a day that goes by that I don't ask him for the money to come in"


So, that's alright then, he is clearly on top of things and no need to worry.😂😠😞

[Joy_Division]

Well that is a real worry if he has to keep asking every day for the money. That indicates to me that we ain't gonna get it back, certainly not to be able to get a couple of players in January. Its looking bleak on the financial front.

[Bombers right foot]

To be honest it seems he’s as frustrated as we are, yes, we’ll never know exactly what goes on behind the scenes, but it does look like he’s working with his hands tied behind his back

[baggieal]

To be honest it seems he’s as frustrated as we are, yes, we’ll never know exactly what goes on behind the scenes, but it does look like he’s working with his hands tied behind his back

Whilst Fat Ron is paid millions in salary he won’t give a f uck!

[soulman101]

Full interview on the BBC
https://www.bbc.co.uk/sounds/play/p0dwzc7k

[Omegstrat6]

Thanks for posting👍
Maybe I'm being too harsh on Gourlay? Clearly he appears as frustrated by Lai as anyone. He may indeed be paid the big bucks for being CEO but, as he says, ultimately he is also just an employee who has to make the best of the situation with the tools he is given. He may have made a few mistakes himself but it is also true when he says he has inherited problems from the mistakes of others (e.g. spending far too much on certain players or letting promising products of the academy go all too easily) and with no more money from parachute payments combined with an owner who does not invest, the loan to cover the costs to keep the club going was perhaps unavoidable.

Unsurprisingly the key problem we have is that of our owner who either cannot or will not invest. Our only way out seems to be to get promoted back into the premiership and then pray that there is someone out there who is actually interested in the club and has the money to invest who can buy us and rid us of Lai. Things ain't gonna end well otherwise😞

[soulman101]

Thanks for posting��
Maybe I'm being too harsh on Gourlay? Clearly he appears as frustrated by Lai as anyone. He may indeed be paid the big bucks for being CEO but, as he says, ultimately he is also just an employee who has to make the best of the situation with the tools he is given. He may have made a few mistakes himself but it is also true when he says he has inherited problems from the mistakes of others (e.g. spending far too much on certain players or letting promising products of the academy go all too easily) and with no more money from parachute payments combined with an owner who does not invest, the loan to cover the costs to keep the club going was perhaps unavoidable.

Unsurprisingly the key problem we have is that of our owner who either cannot or will not invest. Our only way out seems to be to get promoted back into the premiership and then pray that there is someone out there who is actually interested in the club and has the money to invest who can buy us and rid us of Lai. Things ain't gonna end well otherwise��

Would rather have Gourlay in rather than out, at this point in time.
He is wealthy enough to walk out, that would the easy option for him, looks like he is up for challenge with his hands tied.

[Albionic68]

I haven't listened to what he says via the link yet but does Ron' say anything about the ridiculous decisions made on his own watch such as the appointment of Steve Bruce, the overly long retention of Steve Bruce, jobs for the boys etc. etc. etc...... ? Yes he's made some mistakes. He's also made some fkn big ones.

[soulman101]

I haven't listened to what he says via the link yet but does Ron' say anything about the ridiculous decisions made on his own watch such as the appointment of Steve Bruce, the overly long retention of Steve Bruce, jobs for the boys etc. etc. etc...... ? Yes he's made some mistakes. He's also made some fkn big ones.

Hi Ron joined Albion on the 2nd of Feb ,Bruce joined on the 3rd, not sure how much input he had.

Agree Bruce should have gone in the summer , a crap manager but did have a good summer transfer window with our budget.

[Albionic68]

Hi Ron joined Albion on the 2nd of Feb ,Bruce joined on the 3rd, not sure how much input he had.

Agree Bruce should have gone in the summer , a crap manager but did have a good summer transfer window with our budget.

Hi. Ron's been on the board since the summer of 2021 and wrote an external report for Lai on how the Albion is run prior to that.

Ron's first action as CEO was to sack Valerian Ismael. His second act very likely saw him finish a McDonald's or a Greggs or possibly both before appointing his old mate Steve Bruce.

He's actually on record as saying he appointed him from a short list of one. Sorry Lloyd, he was 100% responsible for the appointment of Steve Bruce.