king_dezeeuw06
Vital Champions League
Paul Kendrick mentioned on Twitter that IEC have been putting 1m a month in to cover the running costs since they took over and thats before any new signings. Considering we had 5m for Gallagher and 4m for Hugill accepted plus paid 2m for Robinson and hopefully 3m for Lowe on top of all the infrastrcute spending - they aren't half committing.
If the proposed signings happen added to the running costs, plus new pitch and so forth, minus the Grigg fee that would be well over 10m invested after the cost of buying the club initially in less than a year. So i hope the accusations that IEC aren't doing anything will start to die down - they have so far done everything right and seem to be showing a level of ambition in the market that we previously couldn't stretch to.
Also Mr Zhang the CEO of IEC has apparently left according to a circular from the company, not sure that has any direct bearing on us as it's Melvin and Royle in charge of us but Zhang was the other business man spotted with Melvin at the home games prior to them competing the purchase.
If the proposed signings happen added to the running costs, plus new pitch and so forth, minus the Grigg fee that would be well over 10m invested after the cost of buying the club initially in less than a year. So i hope the accusations that IEC aren't doing anything will start to die down - they have so far done everything right and seem to be showing a level of ambition in the market that we previously couldn't stretch to.
Also Mr Zhang the CEO of IEC has apparently left according to a circular from the company, not sure that has any direct bearing on us as it's Melvin and Royle in charge of us but Zhang was the other business man spotted with Melvin at the home games prior to them competing the purchase.