Sky Blue Pete
Well-Known Member
I can't believe you genuinely believe that the council would be happy to see their football club foldThe thread is about councils who support football clubs and see them as community assets. Ours never have.
The initial set up for the football club was destined for disaster. It's wage bill at the time was not excessive by championship standards - yet the break even was 22,000 paying adults. So either the club became uncompetitive or it went bust.
The club tried to re negotiate but this was flatly refused.
The clubs only purpose was to fund the vanity project known as ACL. Without this it would have had no value at all to this council that viewed the club as a cash cow.
Consider that compared to councils like Nottingham who all but wiped out a loan which was higher than the total sale price of ACL to a franchise from London.
Given the unique position of the club at the time there is little doubt if it had gone into administration in 2007 it would have ceased to exist. The council were not interest in buyers who wanted ACL - they flatly refused to consider any lease extensions to potential purchasers and had a view that the club was a barrier to their vanity project so couldn't care if they were there anyway. That's the rub. The council wanted sisu as tenants and without them we'd probably have folded.
We now have a council who will very happily see the club fold. It's got two new vanity projects. It's new chums wasps who will always take preference for them as they took the vanity project off them (for less than some councils active support of the football club) when they realised it was crumbling around them. Then they have a swimming pool which will cost over £20 million - much of which will be rate payers money - and will, by their own admission lose money.
The council never valued the football club and never will. If they did sisu wouldn't be here and ACL would have been set in a way the Swansea model was in the first place.
Someone will try and claim some nonsense now about the Swansea model being investigated by the EU. That would show something about such posters mentality and as it's 3 years ago I think we can conclude even that argument has gone away.