CanadianCCFC
Well-Known Member
I’m not saying there’s nothing the EFL can do, but if you look on the EFL twitter page, the comments are filled with people who expect more from them than I think is possible. So what can they do?
The main thing out of the Bolton/Bury situations in my opinion is that strict spending limits relative to income are necessary.
I don’t know all the details about Steve Dale’s takeover of Bury, but I believe they were in desperate state, without a long list of potential buyers leading the EFL to allow the takeover to go through without thorough investigation. As for the fit and proper test as a whole, the EFL can’t predict the future; they don’t know who out there is willing to gamble the existence of a club on a quick fortune. The Dale situation was unique as mentioned, it seems he took over Bury without much money, but about Bury’s previous owner and Bolton’s owner(s), I believe it can be said that they bought the clubs with adequate money in their pockets (I might be wrong but I think I’m right), but they overspent while at the helm. What were the EFL supposed to do for these clubs once that happened?
I really don’t know, I’m not particularly business savvy and didn’t really follow the situations at Bury and Bolton until they became somewhat mainstream, I just think some of the criticism of the EFL is unfair, unless there’s something here I’m missing.
The main thing out of the Bolton/Bury situations in my opinion is that strict spending limits relative to income are necessary.
I don’t know all the details about Steve Dale’s takeover of Bury, but I believe they were in desperate state, without a long list of potential buyers leading the EFL to allow the takeover to go through without thorough investigation. As for the fit and proper test as a whole, the EFL can’t predict the future; they don’t know who out there is willing to gamble the existence of a club on a quick fortune. The Dale situation was unique as mentioned, it seems he took over Bury without much money, but about Bury’s previous owner and Bolton’s owner(s), I believe it can be said that they bought the clubs with adequate money in their pockets (I might be wrong but I think I’m right), but they overspent while at the helm. What were the EFL supposed to do for these clubs once that happened?
I really don’t know, I’m not particularly business savvy and didn’t really follow the situations at Bury and Bolton until they became somewhat mainstream, I just think some of the criticism of the EFL is unfair, unless there’s something here I’m missing.