Wed Feb 05, 2014 2:59 pm
Wed Feb 05, 2014 3:17 pm
Wed Feb 05, 2014 3:19 pm
Wed Feb 05, 2014 3:31 pm
Tan Out wrote:Do the owners put the money in out of their own pockets or do they loan the football club money saddling the club with more debt?
Wed Feb 05, 2014 3:53 pm
GENERAL CHAT wrote:Tan Out wrote:Do the owners put the money in out of their own pockets or do they loan the football club money saddling the club with more debt?
He owns the club.
In reality, he's lending it to himself.
Wed Feb 05, 2014 8:39 pm
Wed Feb 05, 2014 9:53 pm
Green Arrow wrote:When we took the red for the investment I remember a lot of clubs saying 'we wouldn't take it...we'd riot straight away and force the owner out'....yet it has happened to Hull City and they were happy for him to come in and put his money in and help them get promoted but when he then later wanted to impose himself on the club with his ways they object.
Seems to me a sign of the times. All fans seem happy to take the money but then when changes are then the made to the club that owner has invested into the furore starts. Im not justifying what these owners do in any way either but shouldn't more fans stand up in the beginning and just say 'we dont want your money or you' and the FA should also grow a pair and protect each and every club.
The FA have done next to nothing to help clubs like this and the whole rules on ownership of clubs need to change.
Wed Feb 05, 2014 10:52 pm
Willy-Wonka wrote:I think it was the fact Tan promised not to change anything, then he just did it. Such a sudden change, I don't think many people knew what to do. How do you stop something that has already happened?.
To be honest Tans investment has been great but we know next to nothing about the clubs finances. Everyone praising him and imo we are heading up shit creek with the amount of debt we are in.
We would have come up eventually without his investment. When we basically had no squad a few years back when everyone left, the money he spent wasn't outrageous. Any other owner could have done the same. It was that period that we got players like Noone, Mutch, Taylor etc.