View Full Version : Where has the money gone?
If you want to find out, here's where to look. I've even done a link to
the page, all you need to do is pay your £2 and all the information
could be yours.
Companies House (http://wck2.companieshouse.gov.uk/4158a16482fe17c1c9b02ba434df513b//wcprodorder)
Just put Wolverhampton Wanderers into the search box and click on
search. Select Wolverhampton Wanderers 1986 from the list and away you
go.
I realise that this may lead some of you to the truth, but if it stops you bleating on it will all be worth it.
Essex Wolf
26-11-2005, 19:37
Gee thanks ID but I'll save my £2 for 4 5ths of a pint at my local as opposed to readinginfo the club want people to now about.
Bumbamuffin
26-11-2005, 19:39
I.D does it really matter where the money has gone? Whether SJH has bought a new yacht or Tim a new restaurant,the fact is that is has gone.
Gee thanks ID but I'll save my £2 for 4 5ths of a
pint at my local as opposed to readinginfo the club want people
to now about.
How did I guess? You don't even want to read official legal
information that is posted with Companies House, yet you take as gospel
what some mate told you.
At least ulven paid his money, got the information and posted it on
the old MM. He then tried to make it fit his argument, even though it
proved him almost completely wrong.
FYI Essex, I used to defend you to other posters on this forum when
they said that you were a complete idiot. I assured them, that having
met you, I knew that you were O.K. really. I now wonder about my
judgement and also wonder if you are ill with OCD.
Does it matter where the money is going, there is nothing we can do
about it. If SJH is having the money, he's only having back what he
owns.
Essex Wolf
26-11-2005, 19:54
Gee thanks ID but I'll save my £2 for 4 5ths of a pint at my local as opposed to readinginfo the club want people to now about.
How did I guess? You don't even want to read official legal information that is posted with Companies House, yet you take as gospel what some mate told you.
At least ulven paid his money, got the information and posted it on the old MM. He then tried to make it fit his argument, even though it proved him almost completely wrong.
FYI Essex, I used to defend you to other posters on this forum when they said that you were a complete idiot. I assured them, that having met you, I knew that you were O.K. really. I now wonder about my judgement and also wonder if you are ill with OCD.
ID, the need for insults is totally unnecessary and as usual, like many others before, you make a comment you cannot back up.
FYI I was sent a copy of the report you want me to waste money on by a fellow MM poster not so very long ago so have read it. I won't confess to understanding it all and in facthaving read it twice I was totally confusedbut to me, like many things, facts and figures can be made to look and read however you want them to.
As for defending me ID, well don't bother because with your attitude I could well end up being stabbed in the back.smileys/smiley5.gif
If your at the game next week you now owe me a beer for being so bloody unnecessarily rude.
Bumbamuffin
26-11-2005, 19:58
Gee thanks ID but I'll save my £2 for 4 5ths of a pint at my local as opposed to readinginfo the club want people to now about.
How did I guess? You don't even want to read official legal information that is posted with Companies House, yet you take as gospel what some mate told you.
At least ulven paid his money, got the information and posted it on the old MM. He then tried to make it fit his argument, even though it proved him almost completely wrong.
FYI Essex, I used to defend you to other posters on this forum when they said that you were a complete idiot. I assured them, that having met you, I knew that you were O.K. really. I now wonder about my judgement and also wonder if you are ill with OCD.
ID,your smug comments seem to hint at a vastly superior intellect.
Humour me.For an average poster pray tell what did the financials reveal? Why did they prove Ulven wrong? To quote your post, where did the money go?
I'm not insulting you, if I was insulting you I would put, "your mother
was a hamster and your father stank of Elderberries". That would be
insulting.
Essex Wolf
26-11-2005, 20:01
I'm not insulting you, if I was insulting you I would put, "your mother was a hamster and your father stank of Elderberries". That would be insulting.
Hamsters, Molineux board, umm is there a link?smileys/smiley2.gif
No silly me I'm thinking of lemmings, or is that lemons?
It is obvious the club has a "terminal illness".
It's such a shame DJ can't open his mouth on what actually happened during his time at Wolves.
It would make interesting reading.
Essex Wolf
26-11-2005, 20:04
It is obvious the club has a "terminal illness".
It's such a shame DJ can't open his mouth on what actually happened during his time at Wolves.
It would make interesting reading.
Much as I didn't rate DJ it would be very very very interesting to hear what he had to say.
Now if there is any truth about him being gagged from saying stuff I wonder why that may be now?
I think it is true (about gagging), I'm sure he would have said " They
are killing your club" or words to that affect. DJ liked the supporters
here, feels he had a good relationship with them, so he would have said
something by now.
WTF does it matter where the money goes? I don't have a bank account
with Wolves, I just watch the team play football occasionally. If I
don't enjoy going, I stop going. If it's too expensive for me, I stop
going.
If the team don't play well, I might briefly discuss with someone the
reasons for their poor play. I don't get obsessed with it. If you are
reduced to making libellous allegations about people every time the
team don't play up to your expectations, it might be time to find
another hobby.
Much as I didn't rate DJ it would be very very very interesting to hear what he had to say.
You didn't? How come you never mentioned it?smileys/smiley36.gif
Bumbamuffin
26-11-2005, 20:24
WTF does it matter where the money goes? I don't have a bank account with Wolves, I just watch the team play football occasionally. If I don't enjoy going, I stop going. If it's too expensive for me, I stop going.
If the team don't play well, I might briefly discuss with someone the reasons for their poor play. I don't get obsessed with it. If you are reduced to making libellous allegations about people every time the team don't play up to your expectations, it might be time to find another hobby.
Why post the thread then? Just stick to discussing the reasons for their poor play.
As you say,you watch occasionally,maybe the reason for not getting "obsessed " with it..I watch regularly and IMO there's a major problem within the club.I express this opinion on a forum discussing WWFC.
If you don't want to discuss this matter,don't bother starting apost on it.
If ID really did get hold of the accounts, then he hasnt looked very closely
at them.
They show a club that has made profits in several years, and broken even
more or less in others, and lost money in one or two. Overall investment
in the team by the board has been less than 20m in 15 years of Hayward's
ownership.
Hayward's investment reached its limit by the time Keith Curle was
bought back in the summer of 1996, almost ten years ago. Since then
Wolves have been run in the most short term of fashions, with any money
put in being clawed back very soon afterwards.
To top it all, Wolves have made a profit in the last two seasons, and will
again make a handsome profit this season. By the end of this season,
Wolves' three season profit total will be close to 15m, depending on how
much is spent in January.
So where has the money gone???
My considered answer would be to reduce the debt Hayward was exposed
to back in the Premiership season, and since then, it is hard to say. A
little has gone to the training ground, and the rest is presumably and
hopefully waiting to be used.
But we shall see, and, in the meantime, it is entirely reasonable for fans to
keep the pressure on the club not to waste an excellent position. Edited by: ulven
Jack Bauer
26-11-2005, 22:18
Of course no-one audits Wolves accounts, Hayward has made billions in his time in charge, it's obvious.
If ID really did get hold of the accounts, then he hasnt looked very closely
at them.
They show a club that has made profits in several years, and broken even
more or less in others, and lost money in one or two. Overall investment
in the team by the board has been less than 20m in 15 years of Hayward's
ownership.
You speak of putting 20m investment into a football club as though it
is chicken feed, how much has a typical football club owner invested in
the same time? This figure also excludes re-building three quarters of
the ground, something that the vast majority of football clubs still
haven't done.
To top it all, Wolves have made a profit in the last two seasons
That's just not true. In the Premier League season, Moxey had to go cap
in hand to Sir Jack to finance the signings of Carl Cort and Paul
Jones. There was no profit that season.
My considered answer would be to reduce the debt
that Hayward was exposed to back in the Premiership season
That would be one of the last two seasons in which you said that the club made a profit, make your mind up.
I have posted links to news of other clubs financial reports on the BBC
news site, these threads were largely ignored and they were especially
avoided by the posters who have most to say about Wolves finances. Why
did they have nothing to say? The answer is that all of the clubs
announced losses (they included Ipswich, Leicester City and Sheff.
Utd.). This wouldn't fit in with their mistaken belief that all
football clubs are goldmines and are run by rich embezzling owners.
The clubs that I quoted are all good examples of clubs of a similar
size to ours, getting similar crowds to ours and they all lose money.
Maybe we should give them some tips, as we are so succesful
SOA Wolf
27-11-2005, 11:57
ID, the real Ulven would not have posted such carp, this post sounds like a hastily botched mish mash of posts Ulven made on the old MM, written in a way that the person pretending to be him can understand...very basic terminology...do not even bother getting into a discussion with this person.
Norwegian Wolf
27-11-2005, 13:07
I presume that most of themoney has gone into the back pockets of the players and that the rest has gone to pay back some of the debt on whatever SJH loaned to the club. We have been paying Premiership wages on First Division income for a number of seasons - as simple as that.
the money is currently being put to good useon the running of this message board.
After reading this thread I've come to the conclusion that Essex must be suffering from some form of autism!!
That's is the only way to explain his behaviour. I.D starts a post off pointing people to the accounts of Wolves, as a lot of posters constantly query where the money has gone. This has been posted before but some may have not been aware of how to find them?
The first reply is from Essex, who when he disapproves of a thread he hasn't startedreplies in his usual sarcastic manner!! I.D has a slight dig back and Essex complains about the need for insults!!!
Now how else can you explain this response if Essex is not suffering from autistic tendencies? He starts off the bad vibe then bleats about it when he gets some back?
SOUTHBANK_BULLY
27-11-2005, 14:39
wasnt this one of the reason's the old e&s molineux mix got shut down
why do people have such an obsession with wanting to know where the money went ???
try trecking down to compton to have a look for yourself and then you will see
Compton was paid for by a loan wasn't it, or does that just lead into
another inevitable whats going on thread. There were certainly enough
'explanations' with different answers from Moxey as to how it was
funded.
As for asking why people have such an obsession, isn't that quite
obvious, or do you like throwing good money after bad watching the club
being run atrociously.
Edited by: wolfan
Essex Wolf
27-11-2005, 15:59
basher, your comments re autism are insulting and unnecessary IMV.smileys/smiley21.gif
ID only started this thread because of comments made on another and basicaly IDdoesn't like or understand why some Wolves fans ask certain questions.Questions that as paying customer some would like answered.
Wolfan, as I understood things money for the clubs new training facilty was from a loan and the very generous donation of a passed away fan.
What I find so very very strange here is why was a loan needed? The club had the parachute money and ST sales which would easily cover the cost yet chose to get a loan, which they could pay off with the Camara sale money.
Now why have they not done so?
Essex,
posters are just trying to understand why you have this latest
obsession. Your last obsession was with Dave Jones, how do you feel now
that you know he was starved of cash by the evil board? Could the fact
that the board were so busy siphoning money out of the club have had an
adverse effect on Jones performance? Maybe that's why he was so inept.
Essex Wolf
27-11-2005, 16:22
ID, try getting your facts right before making comments that are wrong.
I haven't had this "latest obsession" as you put it at all, it's a question I've been asking and have wanted an answer to for a long while now, it's not something that has cropped up the past 48 hours.
And you will find I'm not the only poster who has the same thoughts etc so who are these "posters" that are trying to understand what I say. You and a couple of others? Are we all to believe exactly the same as you then oh great one?
DJ starved of money, I assume you are joking. £20+ million is hardly starved ID.
But why have you brought DJ into the debate, he has been gone over a year. The issues and problems thatneed rectifying are here and now. The past has gone and there's nothing any of us can do about it but there is no need for the future to be a failure as well.
Kris Kringle
27-11-2005, 16:47
I neither know nor care where the money has gone, is going or will go to in the future.
There are so many things that Wolves do that I find hard to make any sense of so i've decided to give up trying. Here are a few of them.
1) Why give Dave Jones a new 3 year contract and then fail to back him?
2) Why did the owner claim the club is up for sale and at the same time appoint his son as a new Chairman?
3) Why did the CEO say that the club was never up for sale?
4) Why the club have to have a loan for a training ground that cost the same as they recieved for a want away striker.
5) Why Glenn Hoddle hasn't spent any money on transfers even though he's been here for a year?
6) Why people don't critisise the Haywards enough even though they have failed and will continue to fail - We are in exactly the same position as we were when they took over.
Edited by: Kris Kringle
Essex Wolf
27-11-2005, 17:26
KK, very good an searching questions but don't ever expectanswers that will give you the facts mate.
KK,
I can try and give some answers.
1. Dave Jones was given a new 3 year contract after he succeeded in
getting Wolves promoted to the Premier League. He was then given
millions of pounds to use in the transfer market, in fact he was given
more than any of the managers who he was directly competing with.
2 and 3. The club never was up for sale, it was offered for nothing to
any person or consortium that could prove intent to invest a
substantial amount into the team. I presume that the owner
appointed his son as Chairman when no one came forward to take over the
club.
4. I can't explain this, maybe it's something to do with builders
wanting to be paid and transfer fees usually now being paid in
installments.
5. Hoddle hasn't spent any money on transfer fees, because he hasn't
wanted to. He has signed players who needed signing on fees and has
also paid out to loan other clubs players.
6. Why do you feel the need to critisise the Haywards? Do you miss the
old ramshackle ground? Did you miss the entire season that we were in
the Premier League?
But why have you brought DJ into the debate, he has been gone over a year. The issues and problems thatneed rectifying are here and now. The past has gone and there's nothing any of us can do about it but there is no need for the future to be a failure as well.
You brought DJ into the debate yourself very recently, still blaming him for the players we have...smileys/smiley5.gif
Essex Wolf
27-11-2005, 17:41
But why have you brought DJ into the debate, he has been gone over a year. The issues and problems thatneed rectifying are here and now. The past has gone and there's nothing any of us can do about it but there is no need for the future to be a failure as well.
You brought DJ into the debate yourself very recently, still blaming him for the players we have...smileys/smiley5.gif
Because Mutchy it was relevent to that debate at the timeseeing as GH still has a squad mostly made up of DJ's signings.
ID bringing DJ into this debate is not relevent to the here and now.
Bumbamuffin
27-11-2005, 18:05
As I said earlier in the thread,in a way it doesn't matter where the money has gone.The fact is,it has gone somewhere as the 'maths' of the last 2-3 seasons haven't added up.
There are 2 explanations:
1) Someone is taking money out of the club.
2) The club is/has been run so poorly that substantial amounts have haemorraged out of the club and we are struggling to make ends meet despite the relatively large income for a club at this level(season tckts,parachute,Camara fee etc).
If it is the 2nd option,the club should say ala Ipswich that we are not in a position to spend so we will be relying on the youth set up & low cost options.
However,theydon't.We are continually fed stories re. several significant signings that don't materialise.The press conference to announce that we are still chasing players was strange to say the least.I apprieciate that the club needs to sell season tickets but when this scenario persists,you cannot blame fans for becoming dis-affected and asking questions such as "where has the money gone?" and "is there something sinister going on?".A large number of fans will only take the constant b*lls!$* and contradictory statements for so long.Is it anyreal surprise that there is so much suspicion amongst followers of the club?
And before the comment "the club cannot be so honest or we'll lose fans",have a look at the average gates of say,Ipswich.Their fans perhaps apprieciate the situation and that the club is trying to adopt a longer term plan of development.Wolves are currently in danger of losing a significant part of their support anyway due to the constant contradictory waffle & carp they are fed.
Essex Wolf
27-11-2005, 18:16
Bumbamuffin, living in Essex there are a lot of Ipswich fans down this neck of the woods and the local news sports wise revolves about them and a few other local clubs. You rarely if ever via the media hear Ipswich as a club talking about new signings nordo theytrot out the same stuffyou hear/read from the Wolves so your comments make sense.
Bumbamuffin,
I live in Barnsley and so there are quite a few Barnsley fans around
here. The local news revolves around Barnsley and a few other local
clubs. You often hear Barnsley and the other clubs speaking via the
media about who they have attempted to sign.
The most recent story that Barnsley trotted out was that they tried to sign Leon Clarke on loan from Wolves this week.
I think that it's normal for a football clubs to give their over eager
fans any kind of news relating to the club. Some football fans are so
obsessed with their club that they even have press releases
automatically texted to their mobile phones.
Edited by: I.D.
Bumbamuffin
27-11-2005, 18:47
Bumbamuffin,
I live in Barnsley and so there are quite a few Barnsley fans around here. The local news revolves around Barnsley and a few other local clubs. You often hear Barnsley and the other clubs speaking via the media about who they have attempted to sign.
The most recent story that Barnsley trotted out was that they tried to sign Leon Clarke on loan from Wolves this week.
I think that it's normal for a football clubs to give their over eager fans any kind of news relating to the club. Some football fans are so obsessed with their club that they even have press releases automatically texted to their mobile phones.
I agree with you to a degree I.D but IMO there is a difference from reporting news such as that above and the long term waffle coming out of Wolves.Would any other club resort to a press conference stating that they are still chasing players?! It's the timing of a lot of the noise that comes from the club that is also important-more often than notco-inciding with season ticket renewals.
I have,on several occasions,voiced my reservations re SJH on this forum.However, I for one would accept the situation if I knew the money had been simply wasted over the years due to poor management and we would now adopt a longer term policy around youngsters,lower division players etc.I fully agree with aprevious post of yours that if this season peters out,it may be a blessingin disguise as we would have a blank canvass to build on.
However,I am beginning to resent ploughing my money into the club against a backdrop of promises that never materialise.It is this waffle & carp that makes me suspicious of what exactly is going on at our club.Some people,rightly,might call me naive on this point and say "don't bother then".However,it stilldoesn't excuse the way the club is currently being run IMO.Comments re. "where has the money gone" will unfortunately be inevitable at present because the fans are being taken for mugs.
Essex Wolf
27-11-2005, 18:53
Bumbamuffin,
I live in Barnsley and so there are quite a few Barnsley fans around here. The local news revolves around Barnsley and a few other local clubs. You often hear Barnsley and the other clubs speaking via the media about who they have attempted to sign.
The most recent story that Barnsley trotted out was that they tried to sign Leon Clarke on loan from Wolves this week.
I think that it's normal for a football clubs to give their over eager fans any kind of news relating to the club. Some football fans are so obsessed with their club that they even have press releases automatically texted to their mobile phones.
ID, not wanting to stir things up mate but Barnsley going after a loan of Clarke is not quite the same as Wolves telling their supporters they have several large bids in for players that then never materialise.
Edit deleted due to containing several true but inflammatory
remarks about an individual who is unlikely to read them, but who is
likely to have me kneecapped if he did.
Edited by: I.D.
dazmanwolf
27-11-2005, 19:12
Moxey spent the money on pies!
Open your eyes people - he is a right fat git!
Its the only explaination you need as to where the money has gone!
Essex Wolf
27-11-2005, 19:52
Moxey spent the money on pies!
Open your eyes people - he is a right fat git!
Its the only explaination you need as to where the money has gone!
Carefulsmileys/smiley2.gif
ID wrote,
That's just not true. In the Premier League season, Moxey had to go
cap in hand to Sir Jack to finance the signings of Carl Cort and Paul Jones.
There was no profit that season.
You obviously havent looked at the accounts then, nor, it appears, any of
the reports in the press of Wolves' profits in their Premier year.
The club made 5m profit net, after allowing for transfer fees, in fact.
Some of this was used to pay off the overdraft, part of the debt that
Hayward was exposed to. Where the rest went is not clear to me.
Wolves made profits in 93-94 and 94-95 before tranfers. They made a
small profit last year, the amount will be known next spring.
And this year they are currently on schedule to make a profit of some 7 to
8 m, including the Camara money.
So, all in all, a long way from the offical sob story of a basketcase club,
only surviving through the unmediated largesse of a sentimental old man.
This ridiculous and damaging myth is the one which ID has bizarrely
decided to take on the role of defending.
Get a life, you bore, is probably the best advice one could give.
ID wrote,
That's just not true. In the Premier League season, Moxey had to go
cap in hand to Sir Jack to finance the signings of Carl Cort and Paul Jones.
There was no profit that season.
You obviously havent looked at the accounts then, nor, it appears, any of
the reports in the press of Wolves' profits in their Premier year.
The club made 5m profit net, after allowing for transfer fees, in fact.
Some of this was used to pay off the overdraft, part of the debt that
Hayward was exposed to. Where the rest went is not clear to me.
Wolves made profits in 93-94 and 94-95 before tranfers. They made a
small profit last year, the amount will be known next spring.
And this year they are currently on schedule to make a profit of some 7 to
8 m, including the Camara money.
So, all in all, a long way from the offical sob story of a basketcase club,
only surviving through the unmediated largesse of a sentimental old man.
This ridiculous and damaging myth is the one which ID has bizarrely
decided to take on the role of defending.
Get a life, you bore, is probably the best advice one could give.
I'm worried about the failed transfer bids, not the money disappearing.
It kind of shows that moxey would let Hoddle sign a player for
£1mil,but not get a loan player in and pay him £15k a week.
Maybe we may see a takeover bid in the summer, from our friends "chaucer"
Edited by: 1wolves
ulven,
where the rest went to is not clear to me. What a crock of s!$*.
The post that I made is factual, Wolves needed SJH to dip in his pocket again for the signings of Cort and Jones.
BTW that is some incredible back peddling you have done there, from 2003 to the early nineties.smileys/smiley36.gif
HazelGroveWolf
27-11-2005, 21:37
Welcome back Ulven. ID has the rightto speculate as much as you. I had a long face to face conversation with SOA Wolf yesterday which will become the basis ofa new thread. Essex please understand you aren't always right.
HGW,
one of us is not speculating about the profits in the Premier League
season. After being upset by critisism from fans, SJH chipped in the
money for Jones and Cort. He didn't know that those two signings would
lead to relegation.
HazelGroveWolf
27-11-2005, 22:04
HGW,
one of us is not speculating about the profits in the Premier League season. After being upset by critisism from fans, SJH chipped in the money for Jones and Cort. He didn't know that those two signings would lead to relegation.
The wolves board had an idea that it was too little too late. Almost everyone agrees that the summer of 2003 was wasted.
scottishwolf II
27-11-2005, 23:03
After reading this thread I've come to the conclusion that Essex must be suffering from some form of autism!!
That's is the only way to explain his behaviour. I.D starts a post off pointing people to the accounts of Wolves, as a lot of posters constantly query where the money has gone. This has been posted before but some may have not been aware of how to find them?
The first reply is from Essex, who when he disapproves of a thread he hasn't startedreplies in his usual sarcastic manner!! I.D has a slight dig back and Essex complains about the need for insults!!!
Now how else can you explain this response if Essex is not suffering from autistic tendencies? He starts off the bad vibe then bleats about it when he gets some back?
why on earth would you think that is autistic? you should try finding a bit out about it before youi throw it out there mate...
Essex Wolf
28-11-2005, 00:17
Welcome back Ulven. ID has the rightto speculate as much as you. I had a long face to face conversation with SOA Wolf yesterday which will become the basis ofa new thread. Essex please understand you aren't always right.
Mate I am looking forward to a chat with SOA in the near future I hope where he will enlighten me on certain things.
This idea that Hayward had *to dip into his own pocket* to pay for Cort
etc, is simply the product of Wolves' press department!!!!
And only accepted as truth by sad saps like ID!!!
Wolves made 5m net profit over the whole season, so this particular piece
of grotesque spin only represented money that had already gone to
Hayward or TV money that Wolves were waiting for. At a time, when the
board were coming under some pressure, it was a piece of news
manipulation to take the heat off. Not exactly difficult for a person of
normal intelligence to work out!!!
And then, to cap it all, the voice of leaden mediocrity, HGW, comes along
and terms all discussion as 'speculation', in the usual condescending tone
streaked with suburban fear!!! You couldnt make it up!!
why on earth would you think that is autistic? you should try finding a bit out about it before youi throw it out there mate...
Why not?
I can not find any other explanation for his at times bizarre behaviour. He seems to show difficulty in verbal communication and his interpretation of how his behaviour affects others.
But I'm forgetting this is Molineux Mince and any take on things even though it is not serious is taken apart by complete numpties like you and Essex!!
scottishwolf II
28-11-2005, 09:53
oh im sorry i didnt realise this was verbal communication basher. i
thought it was written communication. evidently im an absolute numpty.
i wasn't slagging you off - i was suggesting you get an understanding
of the disorder before throwing it around to randomly insult people. if
you take that as slagging off then so be it.....
Scottish
Point taken, lets move on. I don't want to fall out with everybody on here.
scottishwolf II
28-11-2005, 10:00
done deal. autism is close to home - hence red rag...
Essex Wolf
28-11-2005, 10:39
Take note basher has now offended two posters but still hasn't the common deceny to say "Sorry".smileys/smiley32.gif
Blackstrobe
28-11-2005, 12:24
How are leeds out spending us at the moment. Surely we're not in as much financial trouble as them are we?
I was under the impression that we'd made a profit the last couple of seasons.
'Where's the money gone' is a perfectly valid question in my opinion as customers ofa club, which is not performing to anywhere near the promised standards on the pitch.
Perhaps the club have been scarred too deeply from events in the 80's, twice going into administration and the second time within minutes of being wound up!!
Perhaps because of this the club, or rather the owner, has decided that he does not want to jeopardise the future stability of the club by over stretching itself with the bank.
Blackstrobe
28-11-2005, 12:31
If thats the case then fine, but at least be honest about it rather than claiming to be going for winning the league.
