I don't want administration for a moment. It'd be awful.

But racheting up the financial pressure may well be the only option we have. I wouldn't feel so strongly if there was real evidence of change - but I've seen none at all so far. It's just more of the same; with Munby (the least deserving of opprobrium on the whole board in my view) and Doncaster's heads paraded on a spike, but nothing fundamental following on from it.

If there WAS to be real change, that'd have involved new board members being recruited BEFORE a manager - because it'd be up to those board members to change the strategy and direction of the club. Instead, Gunn's appointment means the only people who'll be recruited are hardly likely to challenge D&M, disagree with them or take them out of their comfort zone. They'll more than likely just be cheerleaders for a strategy which has completely failed.

I agree with you on the huge problem the loans have caused - and the terms of the securitisation have left us in a huge bind. But there's real confusion over what Keith Harris' brief is; the chances of anyone from this club doing as the Sheff Wed CEO has and travelling overseas to look for investment are quite clearly nil; and as I see it, no-one forced Delia to buy us in the first place. She gambled, failed, and if you take away the bricks and mortar around the stadium, her and her husband's shares are effectively worthless. Hence the "arm wrestle" between them and Cullum which I've no doubt did happen - but she's going to have to accept a loss.

Incidentally, you do realise that of the ?11m which is always claimed, a certain proportion of it is simply shares they bought which they've since revalued for their own benefit?

Posted By: thebigfeller on May 15th 2009 at 20:44:16

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