WickfordShrimper
President
Correction - stadium was sold after Vic left, at a lower value than had previously been given to it. It's not clear how you would value a stadium, though, until you try to do anything else with it.
My summary of things as I see it (and see my very first posts on SZ for more) is Vic came in and saved the club from a much worse fate. He did an incredible job in stabilising the ship and attracted good people such as Webby. He was a true fan. He was the person for winning the war, but not the person to win the peace. He alienated too many people as time went on, but still ran a tight ship despite low attendances. The club's finances were relatively stable. He wanted a move within Southend, but this was opposed by many backward-looking (at the time) fans and a dreadful unhelpful council. Losing patience, he threatened Basildon - I believe it was just a threat diected at the council but he knew the club's future lied away from Roots Hall to go forward - but this backfired badly with the fans. When he had poor health in the last couple of years, finances worsened dramatically - did he take his eye off the ball? We had the worst manager in our history who had no concept of what managing a club like Southend entailed and the club nearly ended up bust.
Cue Ron Martin's companies to come to the rescue. Not a football fan, but interested in the club as a vehicle to make himself some money through the other revenue streams at FF. Has he become a fan now? Stumbled on Tilly by accident and his successes as manager have enabled us to have lucrative results. Despite that, we're losing an eye-watering £2m a year, in big debt, don't own the assets that we once did and are facing a winding up petition. Won't know how history will judge him until after he's gone. Will we survive the month/year? Will the stadium ever be built? Will the stadium provide extra revenues for the club or will we simply have extra rent to pay? We don't know yet.
Top post and true
Shame Vic had to knock down our Magnificent South Stand that once held 20000 plus.... amazing to believe today :-(