But that is a long term view

They don't do long term. They wouldn't want to take the risk of relegation. They wouldn't want to spend their revenues (which offer profit right now) in the hope of getting more revenues next year (but with the risk of losing the lot). They want cash now, bosh, thank you, on to the next deal. Especially when football clubs are better known as cash consumers rather than cash generators.

Anyway, I've just had some high up Piswich bod on the phone to me telling me it's all ballix but that there's a three man consortium (two current board members and a mystery third) getting ready to make a takeover bid. Which if true would be a much healthier option for the binners, sadly.

Posted By: Old Git on May 10th 2007 at 17:34:20

Message Thread

All the scummers here at work are getting in a frenzy about a takeover happening now. (n/m) (Other Football) - BSE Canary, May 10, 16:28:30
- If they get taken over by a hedge fund they will be FUCKED (Other Football) - Old Git, May 10, 16:40:14
  - They do like looking at the top line too. (Other Football) - Johnny Comecardiff, May 11, 08:32:44
  - That all sounds distinctly splendid. I've almost got a hard. (n/m) (Other Football) - Arizona Bay, May 10, 16:45:41
    - Let me see if I can make you come in your pants (Other Football) - Old Git, May 10, 17:07:07
      - Ipswich dont exactly have a lot of tangible assets and their (Other Football) - Commisar_Canary, May 11, 00:15:29
      - Not completely convinced, sadly (Other Football) - Tricky Hawes, May 10, 17:28:46
        
        But that is a long term view (Other Football) - Old Git, May 10, 17:34:20
        
        you lawyers get to mix with the nicest people... (n/m) (Other Football) - blindasabat, May 10, 17:39:28
      - Got any monitor wipes? (Other Football) - Arizona Bay, May 10, 17:10:08

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