I keep hearing the current board denying there is a financial crisis at the club but we are more in debt now than at any point in our clubs history and continue to post yearly loses.
I also keep hearing that the club is safer than in 1996 because the loans are structured better over the long term.
This last year we have witnessed half the first team squad and back room staff released in what amounts to a fire sale. They have been replaced with cheap loans which offer no advantage other than not tying the club into expensive contracts.
The club is hemorrhaging money and in desperate need for new investors to survive but the "well structured long term loans" need repaying on a change of ownership.
Maybe Delia would like to explain how that puts us in a better position than we were in 1996.
I have well an truly had enough of the ineptitude of the current owners and their continual spinning of the facts.
The club I loved has died. I just don't care about Bertrand, Omozusi, Kennedy, Lupoli, Koroma, Archibald-Henville, Sibierski and Lita.
Posted By: Ben, Oct 4, 22:01:03
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