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Sorry - but this is tosh. The Toilet and Douche review of football finance put us 12th in the division in terms of wages in 2005/6. You think 12th in the division = "gambling"? In 2006/7, the football wage bill fell to ?7.4m: the problem was our insanely large non-football expenditure, leaving the total wage bill at ?14m. In 06/7, football wages constituted an unbelievably meagre 31% of turnover, which is practically unheard of. And people wonder why Grant struggled so much?
You think 31% of turnover = "gambling"? Ridiculous! As for Charlton: hilariously, they spent two years' worth of money in Summer 2006, immediately after Curbishley left. When Dowie started badly, they panicked, brought in the execrable Les Reed, and it was downhill all the way afterwards. Charlton massively over-spent, then made a bunch of idiotic football decisions. Norwich UNDER-spent on football, then made our own bunch of idiotic football decisions. But "gambled"? Pfft.
Posted By: thebigfeller, Jan 8, 17:30:18
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