Wimb Terminal Boardom
I take what BR or any other lower level employee says with a pinch of salt. They are only quoting state policy. I want to know what has happened to the Premiership, Sky TV and Transfer money that has been accrued over the last 3 or 4 years. So much has been said about overdraft repayments. Overdraft for what?
As for your comment about transfer fees received, a blind man could see that we have raked in about 11 million for the sale of Doyle, Hunt and Bikey. SSN speculates on the values ffs. So no big secret there is there!
Building for promotion? From which level cos it sure as hell isn't this one!
So why wouldn't you take what SJM says with a pinch of salt?
More to the point why would BR lie? if he says he has money then doesn't spend it, it'll be him who gets the flak. He's said since day 1, he's looking to invest and already has spent £2 million this summer, BEFORE we sold Hunt and Bikey. So presumably he now has some money to invest elsewhere. Wait until the fecking window shuts before you start crying about us not spending money, patience is a virtue.
It's been said plenty of times on here and shown on the accounts published in other threads, that the Sky TV money and transfer money etc, largely went on wages and paying off the OD.
Whilst not knowing exactly what the overdraft was used for, I can
imagine the OD being spent on any number of things essential or usefull for a club in the top flight, six million is hardly a lot of unaccounted money in the grand scheme of running a Premiership football club is it? especially one who's wages increased and most likely would have had to reward its squad with win bonuses, international call up bonuses, clauses to clubs based on Premiership survival, etc etc.
Moreover the OD could have been used to pay off loans to others other then SJM or put towards long term projects.
I don't understand this great preoccupation with this overdraft but I suppose it gives more to the conspiracy theorists who think SJM is a greedy troll sucking cash from the big cash cow thats RFC
Anyway there is also a big difference between other clubs 'speculating' on what cash we have and a chairman saying exactly what we have, I doubt someone running a multi million pound business would base his valuation of a player based on media speculation.
Most clubs are fairly sensible and aware that just because a club takes in X amount doesn't mean they have that to spend.
I really fail to see what right you me or anyone else who doesn't own shares in the club has to see it's accounts. The club is run by people who look after it's long term future based on however much money comes in and however many people turn up. They need to run the club even if people such as yourself decide they can't be arsed anymore. You can decide to walk away at any time, the board can't and the board have to plan for all eventualities not just the dreams and wishes of one section of fans.
BR, SJM, NH and others at the club have publically stated that they are giving the products of a multi million pound youth programme a chance to shine. This is not a fire sale, we still have the likes of Stretch, Harper, Marek, Ivar, Long, Cisse, Kebe, Rosie and Feds who have PREMIERSHIP experience, and the likes of Hunt, Pearce, Berty, Mills who have clocked up a couple of hundred championship level appearences.We have sold Doyle, Hunt and Bikey who belong and WANTED to play in the PL, released the likes of Doobs and Murty who aren't even setting L1 alight. Whilst also shedding the likes of Lita who just plain wanted out of Reading by his own admission.
Just remember our form with 'experienced players' and the best manager in the clubs history was hardly brilliant over the last 24 months was it.
As the saying goes Rome wasn't built in a day, yet alone four games into a season. This regime got us into the PL once and that took SSC over 2 seasons to do, a man who too blooded youth like Sidwell, Doyle, Long etc. BR isn't even being given a month. Pathetic if you ask me.
