Fucking hell we’ve been all over the shop, with home grounds, dodgy owners, Russell Slade, Ken Dulieu and league two…. And blowing up a return to the premier league is the point you consider not getting a season ticket.
I’d put good money on Birmingham City not “owning” that new ground either. That’s 100% a boom or bust situation. But it’s a situation Knighthead would control in an admin situation.
Thats why i'm against loans such as that - Can be a form of blackmail. My idea is essentially that in the event that a club goes into administration its to external creditors meaning the owner can't just do what SISU did. i'm sure there will be ways around it but it'll make people think about...
As i've previously said - put a limit on clubs taking on loans from owners. Money must be gifted. Stops owners blackmailing clubs when they lose interest.
That way Owners are free to fund the club with their money, but they can't load debt against the club. That way it'll make Owners think...
But in some respects it is. If you keep it in check you tend to push to home grown thing, thus assisting the strength of the national team. Its not our money personally, all we want is our club to win at all costs. to hell with the consequences for anyone else.
But again we've jumped from that, We don't have the pull together for the greater good that Germany has. its effectively the Club v Country row. I'd 100% take promotion this year over England scoring a goal in the world cup, in fact i'd take promotion over England qualifying for another world...
But thats why I'd caveat it. The reasons for the financial issues is generally because the money is leveraged in the form of loans - almost blackmail. It needs to be gifted to put a ceiling on owner spending, rather than an arbitrary figure.
The current financial system for instance is...
agreed, hamstringing clubs effectively puts a ceiling on them. My only change of rules would be that owners can't levy loans against the club.
If i was a billionaire and wanted to spunk 500m on coventry i should be able to.
I'm alright with 6 points, means they're in the precarious position...