On the Stapleton issue, there are a couple of facts to note.
I don't imagine the directors of a football club actually spend much time on it. They all have other business interests for which they make a living, so match days and a monthly [?] board meeting would be about it.
That said, it must surely be the case that all the directors received some sort of monthly management accounts pack and you'd assume that in a "business" like football [if that's the right word], the cash flow position would be the primary interest.
Also, there would be an annual budget etc. which would be approved by the board.
How then did they miss the fact that the wage bill was consuming an ever increasing proportion of income?
I don't subscribe at all that the World Cup bid was a distraction - I know for certain that for directors like Stapleton & Gardner, the effort of running a project like that via professional advisers is pretty minimal - an hour or two a week at an absolute maximum. That wouldn't be true for Todd of course, but that's a different story.
It couldn't be the case that the World Cup justified heroic estimates of PAFC income as clearly it would be a 2 week bonanza with most of the cash NOT coming into the club and with no impact on PAFC's crowds after the carnival had moved on.
So I repeat, how then did they miss the fact that the wage bill was consuming an ever increasing proportion of income?
Either they weren't getting even a bare minimum of management information or they're entirely incompetent. I don't understand it. However, I still think Stapleton & Co had their hearts in the right place even if the others didn't.