Club is fucked (3 Viewers)

[shmmeee]

Yes, perhaps instead of spending c£40m on funding losses of a mediocre squad over the last 7 years, they should have spent another £60-70m and took a proper punt, albeit probably failing. At least we could look back on the last 7 years and say "hey oh, we may be £100m+ in debt but at least we took a punt...."

Instead of spending £50m in 7 years and taking the club down, why not, say, £30m in 3 years and try and take the club up?

The end result will probably be the same if we didn't go up to when Sisu get bored here.

 

---

[stupot07]

Instead of spending £50m in 7 years and taking the club down, why not, say, £30m in 3 years and try and take the club up?

The end result will probably be the same if we didn't go up to when Sisu get bored here.

Losing £6-7m in the championship when they took over, spending another £3-4m per season wouldn't have been enough, given how low our turnover is. It certainly wouldn't have been enough to fund a promotion charge.

 

[Brighton Sky Blue]

Yes it would be great -- we could be the new Portsmouth

Unfortunately I think there will be no start again at the Ricoh now the whole world knows what duplicitous coniving scum lurk in the Coventry Council offices.

Duplicitous conniving scum? The people who started withholding rent at the same time as loading a watertight debenture against the club to help bankrupt another business would be a good shout for that. Plan A, distress ACL by withholding rent-Plan B, use debenture to sell club back to itself if ACL try to get money back-Plan C, pull team to Northampton to distress ACL again.