Sorry but your assertions about Richardson are totally wrong.
The man left us with debt levels at around what they are today, near to £60 million, with no ground, relegation from the Premier League and a huge wage bill.
If you think that we had more income, then it would have been with high interest from loans from the Co-Op bank as they propped us up from collapse,but who later pulled the plug on our lending.
If you check the history once Richardson had been ousted we went on a huge cost cutting exercise paying off people on high wages like Delorge, Norman, Martinez, Zuniga et al. I dont seem to remember we replaced them with high quality good earners, more low cost low wage youngsters like Lee Fowler, David Pipe, McSheffrey, Bothroyd, and free transfers like Dean Holdsworth.
Yes we owed a lot to directors, but how is that dissimilar to what we now owe to the arses that own us.
Sisu are the owners from hell but you seem to blinker the reason why we are there, and it all started with Richardson having a punt.
If Richardson had left us in such a great position, why did the man grant himself a bonus of nearly half a million pounds when closing the deal that sold the Arena land to Tesco, money which the club desperately needed, and on land which it later transpired the club didn't own.
YES he sold land that we didn't even own, and gave himself a huge bonus on it, land that we later had to go cap in hand to the council to buy for us and eventually led to spiraling debts as we lost out on major income from this very same land. The reason we couldn't afford to buy it was due to the huge debt that Richardson left us in, and the same land that if we had owned would have paid for the most of the stadium, leaving us as proud owners of the Ricoh and all its income streams, and not owned by some shitty Hedge Fund that has moved us away from our own City.
Yes what a swell guy and great owner Richardson was
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