Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
A fans bankrolling a club, seems familiar, twice, in fact – now for a 3rd time for us, although the Prem has alleviated the burden somewhat – to not bank rolled at all.
All our debts, over all the years we ‘cheated’ culminates to just 25% of your current debt, which you all seem to sweep under the carpet. It’s interest free and not secured, so obviously that is the get out of jail free card to take the moral high ground for you hypocrites. Anybody else was owed that debt the administrators would be called in – Bit like Bolton and all the other clubs under water with masses of debt. He won’t call-in his debt though because that is not in his interest obviously. So you’re safe to cast ill formed judgements on other clubs fans from your ivory towers.
Everyone else, Leicester, Bournemouth, Portsmouth, Norwich, Hull, TBC.. be they run by fans or completely unscrupulous individuals are all cheats in some way or another according to NSC. Meanwhile, Brighton 2010 are the shining example of how to run a club. Accumulate debt that doesn’t have to be called in.
You are correct there is no comparison, your debt is humungous, and it grows. Tony will never write that debt off, it will keep growing and growing, maybe the odd bit for equity, etc. but he will have a plan to get 50%, 75% of 100% money back make no doubt about it. Be that through club sale, or a much longer term plan. Tony is a gambler – there should always be that doubt in the back of your mind.
Fun football fact: The first Football club to ever get a HMG High Court summons for failing to pay their bills. It was Brighton & Hove Albion.
Carry on burying your heads in the sand. Wax lyrical about concourse of the year, CEO of the year - which reminds me is he the Director on £700K a year? Or has Tony started already getting his money back?
Thanks for that Tome, as things stand if things go tits up TB will be very out of pocket. What you overlook is that when we didn't have the money we didn't spend it. TB chose to spend his money not somebody else's. Is that so hard to comprehend?
I don't really care what you as a club have done, my point is that our clubs are not vaguely similar in the way they have conducted themselves for the last 30 years
The snidey little digs from Dougie and friends, who spend far too much time on here are irksome. I very seldom rise to their garbage, I must have had a bad day yesterday