That’s what I was saying, but a lot more succinctly put
Quite right, but there is a but.
Wolves loss was in the Championship and represented to cost of getting promoted.
It mirrored Newcastle's recent experience.
Leeds owner is saying that if they don't get promoted this Season he will have to sell as he can't afford anther go at it.
Once promoted, there are the top group where MU, Spurs and Arsenal seem to have a sustainable self supporting business model but Man City, Chelsea and to some extent, Liverpool seem to rely on the 'sugar daddy' owner as indeed do many of the rest of the league.
Our own experiences show that without this backing sooner or later the relegation season will come and then the Club goes through Hell.
Our current owners are doing a great job but it takes a lot it seems to get back to where we were.
And things like gate money, though a useful added extra is not going to make a significant difference.
So while it's true enough in theory that some one with no finance can ask the Bank for the money to mount a promotion campaign, the answer from your friendly Bank is far more likely to be YES if the person asking is a multi billionaire who is prepare to sign a personal guarantee.
I do hope though that when the time comes for our current owners to sell up, they do well out of it, financially. They have given us the chance to have some pride in our Club again, so it's a big thank you from me.
