Im not the real OND wrote:Just out of interest, I keep seeing people say its 'JRs money - he can do what he wants with it'. Once JR has put his personal money into the club, it is a club asset and should be spent with suitable consideration.
Whilst it is JR ultimately putting his money in, I assume all invoices go to MTFC rather than JR?
If not, and JR is footing the bill, is there any restriction for the amount of money JR can put in to the club for non playing purposes or does a trip to Malta come out of MTFC budget for the season?
Can JR just choose to pump money in (in the form of loans and/or sponsorship) any time he wants?
Without looking into the accounts (unsure when they last where published) there's a few options he has, he can either put money in as a Loan and likely to be payable at some stage or tie up the money in the form of equity on the balance sheet i.e Share capital.
However this would depend on existing share holder structure and if those existing shareholders are willing to dilute their holding (providing they don't match the investment on a % basis, and suspect JR is the majority shareholder in any board meeting anyway with the decisive votes).
Im unsure if the commercial deals are scrutinised but another option is to pay over the odds for sponsorship, but this would be frowned upon by the one call insurance shareholders so unlikely.
But in answer to your question yes he can pump money in as and when he likes (various options available) be it his own money or seeking funding from an external party in the form of loans.
The real question is does JR have an exit plan in mind be it 5yrs / 10yrs, or simply get us to the championship and take it from their. As ive said before we have no idea how deep his pockets go, and if he's spending beyond his means it would become apparent.
My own view is we have someone in charge making a real go of it so lets enjoy it, because its about time we had some success within the football league.