City Slicker wrote:Steve Zodiak wrote:Sven wrote:Steve Zodiak wrote:2blue2handle wrote:The squad does look weak and I know we had a small budget but I'm not sure we spent it to wisely. The next week week will show what direction we are heading in.
I suppose our total budget was just about enough to buy one half decent player with true PL quality. Still, most fans accepted a return to blue would mean no more money from Mr Tan. I seem to recall a lot of fans say they would prefer to watch us play in Div 3 in blue rather than the PL in red. We got what we asked for and now have to hope for the best.
Steve, isn't the
"no money in blue" rhetoric a little old hat now?
Not having a go at you here; just observing that Vincent Tan has moved this club on massively regardless of shirt colour
He certainly has. He has only invested a very small percentage of the reported riches the club gets from being a top flight club, and so appears to be keeping his word. I have no problem with what he is doing. I think he is running the club the way a business should be run, and hopefully one day we will be debt free and operating within our means. Who would have thought that day would ever come when the Inland Revenue were taking us to court.
Steve, I agree with you that Tan is keeping his word and it always was "no red no money". I genuinely have respect for the man for keeping his word. I for one would much prefer lower league football in blue than anything in any other colour.
I also have some sympathy for your concern about finances running riot and the possible doom that could entail. None of us want to go back to those days. However, and with no desire to criticize Tan, my argument is that he is witholding investment not for altruistic reasons but simply because he is trying to package up the club to achieve the best price he can on sale. I contend he has no intention of developing the club any further. That might have a knock on advantage of not overstretching our finances but, on the other hand, every genuine fan wants to see their club succeed.
I believe that we need new owners to achieve that and, if handled correctly, that doesn't necessarily mean putting the club in financial jeapurdy. The likes of Bournemouth, Burnley, Brighton, Leicester and Watford have demonstrated this.
Are you people all mental? Training ground development has just been approved and plenty of other investments been made in the past, despite a return to blue
Premier league is worth £100m+ in total
Factor in the increased wages, increased staff costs and promotion bonuses plus player clauses (like Madine) and the £25m-ish we spent and the total gross wage bill for the season and you’ll find that £100m ain’t far off gone !
I think the club was also still running at a loss which will get soaked up this season
Fact is £100m is relative peanuts in this division now!
Also tan has never taken a penny from this club and will never get all his money back
Simple fact is he’s just not willing to put more in and that’s fair enough 180m is a lot of money end of the day
Founder of the forum whopper thread! Don't talk bollocks or you'll be added to the thread!!