For those who were around during the dark days, how does the current CAFC drama (new owners/relegations/promotions/nearly going bust multiple times) compare with the 80s? Does it feel worse, or is this like a teddy bears picnic compared to then?
Come back in 12 months time and things will be a lot clearer. Emotions are of course running high today, but leaving the Valley back in 1985, virtually going bust in 1984 are 100 times worse than what's gone on today.
Managers come and go. Some we agree with, some we don't.
It's a different kind of unstable. Nothing is comparable to what we went through in the 80's as we were on the brink of extinction. Financially we are in a good place at the moment but that stability has come at a cost.
It feels a little like we have sold our soul to the devil just have wealthy owners.
It's a different kind of unstable. Nothing is comparable to what we went through in the 80's as we were on the brink of extinction. Financially we are in a good place at the moment but that stability has come at a cost.
It feels a little like we have sold our soul to the devil just have wealthy owners.
That would be bad enough but we have sold to wealthy owners who don't spend any money and only want us as Standard Liege juniors. Worst of all worlds.
I wasnt around in the 80s but must be a completely different situation... Back then the club almost didnt exist... at the moment we are owned by a guy who has $400m in the bank so should keep us going... What remains to be seen is whether Riga can get us into the Premier League and if so what happens then in terms of club priority.
Hate to say it but for the next two years we do have to sit and watch... (i.e. if we get relegated this year how do we perform in League One... Does RD ensure we try and have a quick return or does he just ensure we have League One safety every year which results in mid-table obscurity)
Financially we are in a good place at the moment but that stability has come at a cost.
How does millions of pounds of debt, an owner that has done nothing but asset-strip plus the potential for further drops in revenue with ST holders abstaining and dropping down another league put the club financially 'in a good place'? I assume that the club still has a very high wage bill as a proportion of it's income too?
Financially we are in a good place at the moment but that stability has come at a cost.
How does millions of pounds of debt, an owner that has done nothing but asset-strip plus the potential for further drops in revenue with ST holders abstaining and dropping down another league put the club financially 'in a good place'? I assume that the club still has a very high wage bill as a proportion of it's income too?
Financially we are in a good place at the moment but that stability has come at a cost.
How does millions of pounds of debt, an owner that has done nothing but asset-strip plus the potential for further drops in revenue with ST holders abstaining and dropping down another league put the club financially 'in a good place'? I assume that the club still has a very high wage bill as a proportion of it's income too?
Financially we are in a good place at the moment but that stability has come at a cost.
How does millions of pounds of debt, an owner that has done nothing but asset-strip plus the potential for further drops in revenue with ST holders abstaining and dropping down another league put the club financially 'in a good place'? I assume that the club still has a very high wage bill as a proportion of it's income too?
Who is in Debt?
err the club, last time I checked.
which is owned by a man who is worth 400 million Euro's . Slightly different to Tony Jiminez you would agree? But as GrumpyAddicks says , it's no good if we aren't seeing any of the money.
which is owned by a man who is worth 400 million Euro's . Slightly different to Tony Jiminez you would agree? But as GrumpyAddicks says , it's no good if we aren't seeing any of the money.
It's almost entirely irrelevant how much personal worth Duchatelet has, as so far he has shown very little regard for the position of the club, the squad or indeed the supporters. One thing that foreign investment into British football has taught us - that these foreigh owners don't really like putting their own money at risk, go and ask Portsmouth fans.
Comments
Managers come and go. Some we agree with, some we don't.
It feels a little like we have sold our soul to the devil just have wealthy owners.
Hate to say it but for the next two years we do have to sit and watch... (i.e. if we get relegated this year how do we perform in League One... Does RD ensure we try and have a quick return or does he just ensure we have League One safety every year which results in mid-table obscurity)