
Walsh added: "Bringing the Americans in just to stabilise the club was never going to be enough.
"With a business you need to bring money in to invest in the club to make it go forward.
"They haven't spent and the job done with recruitment in the summer [of 2017] was shocking."
I think this puts it in a nutshell. Bringing in the Yanks was, in principle, a good idea as the guys wo could take it to the next level. Unfortunately, HJ chose (?) to sell to the ones who gave him the most. 'They' were a large group of rich individuals who were brought 27 together on the promise of big returns after being told the story by HJ. It would appear they are not ready to invest further and were expecting a company that was generating cash for investment and would not look to them.
Not many years ago, we were being told our Chairman was 'as mad as a box of frogs' and we were in a mess. Your then-Chairman was apparently not mad but he turns out to be greedy and sold you out.
However, in answer to the OP, that was indeed **** and probably has been for some time. It is difficult, as I have said elsewhere, to see how it gets better. Turnover will drop like a stone, costs must drop in line with that so (any) profits, will drop too. I'm not sure where your investment money is to come from. Many on here laughed at the CCFC increase in debt due to losses after coming down but our box of frogs supported us and is slowly turning the debt into equity. You've got n debt...but you've got no f'in' money either.
Walsh added: "Bringing the Americans in just to stabilise the club was never going to be enough.
"With a business you need to bring money in to invest in the club to make it go forward.
"They haven't spent and the job done with recruitment in the summer [of 2017] was shocking."
I think this puts it in a nutshell. Bringing in the Yanks was, in principle, a good idea as the guys wo could take it to the next level. Unfortunately, HJ chose (?) to sell to the ones who gave him the most. 'They' were a large group of rich individuals who were brought 27 together on the promise of big returns after being told the story by HJ. It would appear they are not ready to invest further and were expecting a company that was generating cash for investment and would not look to them.
Not many years ago, we were being told our Chairman was 'as mad as a box of frogs' and we were in a mess. Your then-Chairman was apparently not mad but he turns out to be greedy and sold you out.
However, in answer to the OP, that was indeed **** and probably has been for some time. It is difficult, as I have said elsewhere, to see how it gets better. Turnover will drop like a stone, costs must drop in line with that so (any) profits, will drop too. I'm not sure where your investment money is to come from. Many on here laughed at the CCFC increase in debt due to losses after coming down but our box of frogs supported us and is slowly turning the debt into equity. You've got n debt...but you've got no f'in' money either.
That`s a terrific post frankie, hit the nail on the head with a bang. Your bunch of frogs is now our bunch of frogs. Bringing the merrycans in was, in my opinion, not a good idea. They have invested sod all, which is what would have happened before they came in and issued empty promises.
Now we will see if they are any good and start trying to get this team and club back up and running, or are we headed to the scrapheap? I wonder if their idea of good management is having their teams at the bottom of the pile, just like their teams on the other side of the pond.


That could be a bad thing. Theyd want most of their money back and buyers would want balanced books. That might need a fire sale to raise capital and reduce wages to address the drop in revenue you'll experience. No easy answer unfortunately.I stated a few days ago the Yanks would be contemplating cashing in their investment, looks like it's an option on the table according to Toshack!!!!.......![]()
....................................Now we will see if they are any good................
That could be a bad thing. Theyd want most of their money back and buyers would want balanced books. That might need a fire sale to raise capital and reduce wages to address the drop in revenue you'll experience. No easy answer unfortunately.
Took Hamam years to find a buyer.

The fire sale is a tough one for them not us, as they have had a collapse in their investment, they paid £100 Million for a PL club, now it's worth just half that, so all I can say is 'tough going' Yankee doodle dandies!!.........![]()

I think we've already seen how good they are Swanee
They appointing Guidolin followed by Bob fekkin Bradley, they allowed our club captain, Williams, to leave just days before the start of a new season. They stretching out Sigurdsons inevitable sale and made it last the whole of the transfer window and sold him after the season kicked off. They didn't replace any of the quality they extracted from the squad, Sigurdson, Lorente, Cork (who's just been voted Burnleys player of the year). They brought in bits and pieces players who would be spares at any other club. They treated us like an academy and brought in a couple of rent-boys to learn how to play football at our expense.
When Sanchez arrived I posted what the Germans thought of him, they thought he was a joke, absolutely uselss, and they were right so how did they know while our owners didn't?
Their poor management of the squad left an inexperienced Paul Clement with an impossible task. They left him with a light weight squad lacking in leadership, grit, determination and quality needed just to stay in the premiership let alone challenge the top.
I think they've already shown us that they are far, far from good. Personally I think they themselves are division 2 quality at best. They are inept and cluless when it comes to running a football club capable of premier league survival, I hope their arrogance allows them to see that so they can get the help they need, but I doubt it.
I fear that the Americans are so stupid they'll appoint Landon Donavon as our next manager.
Not sure about that.The fire sale is a tough one for them not us,