Quote Originally Posted by Geoff Parkstone View Post
"we wont benefit financially as we still owe money to Aresnal for Bielik... cheers Morris"

You'll need to explain that one a little more. That's like saying I wouldn't benefit financially from a lottery win if I used it to pay off my mortgage.

Do we still owe Arsenal anyway - I'd have thought they were a football creditor and needed to be settled before we exitted administration.
I believe there was a payment plan in place, £2 million up front and instalments plus add ons up to a possible £10 million. Arsenal deferred a £1.4 million instalment in 2021 when Derby entered administration. There is reference on tinternet that the remaining payments were (as you correctly surmised) included in any payment made for the club by a new owner. No idea how much but the £10 million figure is likely to include appearances and perhaps promotion from the championship, so its entirely possible that the eventual fee was around £6 or £7 million.

You would have thought that as part of the football family a rich club like Arsenal would right off some of that voluntarily and they may have who knows. But it would seem there is no outstanding debt for Bielik, so a sale would generate revenue and get substantial wages off the budget. I would describe that as a financial benefit.

Now if we get transfer fees, can we use them to buy a player? Mm there is clearly some leeway, we did after all pay Rotherham compensation for signing Warne. My understanding is that the EFL will look at varying the agreed business plan on a case by case basis, which presumably means if a transfer fee can be paid from money generated say by a sale, that is something they may approve.

I say may, because its up to them. But given the new owner is a sensible person who isn't publicly slating them all the time, I guess they may be inclined to cooperate with sensible requests?