There is no excuse for selling the clubs future for buttons while ignoring your manager and overspending on that twat who was permanently extinguished while here!
Fair enough, just the bit of their whole time that winds me up is selling the young players for what I assume barely covered any costs anyway! All while telling us they were here for the long term! Not to mention being so long term they had buyers at Wembley the first season! All goes back to Charlie thinking them Northerners are too thick to catch me out! There was talk that Charlie had quite a bit to do with finding KLD as a buyer at the time it was all going through iirc?
So would I be right in thinking the short term plan was acceptable but plan B was then offloading? Suggesting money in the long term was never there?
There are 3 types of ownership I would wish any club to avoid. They are all based around people who will rarely hear, let alone heed, an underling advising caution or saying no. 2 of them are morally problematic, but not horrendous for a football club's existence. The nation-sportswashing kind who are in it for long-term publicity. Ok if you can live with the constant nagging about lack of morals. The oligarch looking for a safer repository for some of their ill-gotten wealth. Not so many of them about these days. Same drawback as above. Then there is the most worrying ownership model of all. Business tycoon looking for a quick publicity hit and a profit. Goes one of two ways, down the tubes very quickly or down the tubes in agonising slow-motion. Generally don't know football but think it will be easy, just like any other business or they don't know football and bring in advisors to help run things. They may or may not* know a bit about football but these aren't really bothered about a club's connection with fans or community. They will pare back club structure and asset strip to make the books look good but wonder why player morale goes to **** and it is difficult to recruit players. Will trample over fan's toes and club will eventually get sold off very near to financial implosion. * This is Charlie Methane. If he makes it through the door at your club then things will seem fine for about 3-9 months - maybe even as long as 18 months, depending on when he arrives. Then you will find the wheels starting to fall off. I hope you are spared this pain. Football is a hothouse plant that doesn't take well to being over watered, being watered in sparce deluges, having the hothouse heating turned off to save money or the plant being put out into the open air as the hothouse is being sold off. We are lucky in that KLD appears to be a gardener. Methane is just a bad stink that is given off when your beloved rose bush gets manure dumped on it.
We had that with Katrien Meire as a CEO, now Sandgaard as current owner. Too many owners think they can bring in their business strategy from elsewhere and put it onto football, it rarely works.
Correct me if I'm wrong, but I believe they bought the club with our parachute money then never paid it back.
I think they said they would "drip feed" that back into the club as and when required. Don't think they ever did put any back. A lunatic will be along soon to say they have spent millions and saved the club.
I'm 57 and started going around '76, football was enjoyable. You often did not know the directors of your own club.
plenty of answers mainly warning you and none are wrong. when they 'rocked up' i dont think there was a supporter that was not suspicious but they were the best (only) offer at the time (we forget the raving loony that made plenty of noise along the way). the point of view they worked on was: recent premier club, still good players in the team, will walk div3, we then sell at a big profit. we knew there was cost cutting needed and reluctantly accepted we would see cut backs, there was too much 'premier' still and if they got us promoted then good luck to them but they messed up big time, i would hate to see where the club could have ended up and personally, i believe they would have sold everything they could due to their own lack of finances...yes, there was a brief glimpse of a silver lining but then the storm clouds wiped it out.
We do not own The Valley or training ground, that is a worry Not sure what he'd make of 'The Red Red Robin'.
