Cats, pigeons and Teacher's....

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Well, the club came out of administration with the bare minimum in terms of business capital and since then the situation must have worsened due to revenue falling with poor results.

It was a good job we got immediate promotion after administration. Where would we be but for the Sky monies and the parachoute pay outs? Although some of these advantages were thrown away by bad management (e.g. the clauses that were no disincentive for best players to see the club relegated and poor football management - e.g. we scored a lot of goals in our relegation season and a better manager might just have seen is through with better tactical nous).

We have few sellable players and we are only just hovering above the relegation zone with them. Once those are gone....its a fair bet that we face relegation.

When you think about it not all of the above is the direct fault of the board. They just don't have the muscle to address the situation. The real issue is that everyone needed to be fully behind the MM takeover. Not necessarily because it represents a wonderful deal still less a panacea - but because it offered the chance of reversing the decline of the club.

I don't suppose it will critically matter at the end of the day, but those who inferred that there were other options need to have a good look at themselves now.


Great post Redditch.
 
Initial deal - MM offers a guaranteed 75p in the pound with another 25p based on the clubs performance over a given time.

MM inspects clubs books spending nearly £250k

MM reduces offer to 25p in the pound, has a major bust up with the board and doesnt show for the Barnsley game.
 
Back to baited breath again, unless Newton or Bob H can come up with some info...

Thanks Durham...

Maybe MM is trying for a 50p figure by going low on DD findings? a shift that much seems like he is trying to ensure that he gets lowest price possible right now. I would doubt he would expect the shareholders to accept 25p... just negotiation positioning.

We will have to wait and see.
 
Initial deal - MM offers a guaranteed 75p in the pound with another 25p based on the clubs performance over a given time.

MM inspects clubs books spending nearly £250k

MM reduces offer to 25p in the pound, has a major bust up with the board and doesnt show for the Barnsley game.
I know who you've been talking to :icon_wink
 
Back to baited breath again, unless Newton or Bob H can come up with some info...

Thanks Durham...

Maybe MM is trying for a 50p figure by going low on DD findings? a shift that much seems like he is trying to ensure that he gets lowest price possible right now. I would doubt he would expect the shareholders to accept 25p... just negotiation positioning.

We will have to wait and see.

Id agree but apparently it all kicked off before the Barnsley game and was on the verge of collapse, hence him not showing.

Theres also another consortium in the wongs but we have heard that before.
 
Id agree but apparently it all kicked off before the Barnsley game and was on the verge of collapse, hence him not showing.

Theres also another consortium in the wongs but we have heard that before.

thats interesting :icon_lol: :icon_lol:
 
Id agree but apparently it all kicked off before the Barnsley game and was on the verge of collapse, hence him not showing.

Theres also another consortium in the wongs but we have heard that before.
Are they taking ove our local Chinky as well then :102:
 
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