I used to think our players just needed a good kick up the 'arris and that NW would provide it. When will the nightmare end?
When we get proper investment in the club, the nightmare might end. It will require 10 - 15 million to turn us into proper promotion contenders. Unfortunately it looks as though current outfit trying to buy us, probably haven't a pot to piss in. Six months blundering through a buy out, no knowledge of running a football club or what will be involved. Hard to see this lot stumping up proper funds for rebuilding
The only capital they will have to provide to make us promotion contenders is to cover the overheads of cleaning up ken bates mess. That is things such as: paying wages for players who aren't good enough, but were brought in because we needed somebody and they were available covering the cost of the endless list of unnecessary expenses and closing them down so we're not haemmorhaging money. Yorkshire radio is the first and best example that springs to mind. paying off the legal fees that bates drummed up for his personal vendettas through club media so the club inevitably have to pay for it paying the £4 million of preference shares that go out to ken bates when the club gets sold, essentially meaning he robbed an amount of money equal to a decent transfer fee or the wages of a top, top player for a year, all for doing absolutely **** all (~£800k - he paid £3.2 million for them and is getting £4 million return in < 6 months. Equivalent of 50% APR, pretty sickening to say that the investment hasn't allowed any growth to warrant such a return on investment) Buying back the stadium might be a hefty and tricky one for them, but a £16 million up front payment for a venture capital investment firm shouldn't be much and will pay itself off and then some in a limited time frame. Once they've sorted the mess out, the club will provide all the money it needs to get promoted, all by itself. We don't need some horrendously rich sugar daddy just to get out of this division. bates has you all fooled into thinking money controls the game that much that, financially, we're small time players in the league. We're not. This club has the potential to make enough income that it can overwhelm the opposition and put itself out of reach, ensuring the only limitation is the manager appointed and how well the fans back the team. Forget parachute payments, their impact is blown waaaaaaay out of proportion when you consider half the players playing for the teams that are getting them are on inflated Premier League wages that in no way reflect their ability - remember that those are the same players that got them relegated from the Premier League. For example - Zigic is a good player, but is he £50k a week worth of good? Did he look £50k a week worth of good against us? No, he was just mugging off our underage full back who'd been thrown in the deep end because we literally had nobody else available, because we'd not bothered to do what was needed in the transfer market. A player who I'm pretty sure isn't even a fullback. Against decent defenders who know how to play, he's ****. Suddenly those parachute payments aren't going that far anymore, are they? Imagine a team full of players of similar quality, on wages 4x what they are worth, and you have a club on parachute payments. At a club with something like half our turnover. Are they out of reach? No, no they aren't. Simple maths people. Simple maths. Any injection of funds will just be to keep us floating while they clean up the mess, as well as cleaning up the mess itself. That's very short term. Once that's all done, the club pays for itself. When they market us to the middle east, it'll pay for itself even more.
Good point Marko. I see the 10 to 15 million I mentioned wont even come close to sorting the mess. That's worrying
