ElstreeBlue
Coach
I presume all of those Discussing about the financial state we're in weren't those same people demanding decent money be spent on transfer fees and wages over the past six years.
As I said the other night, it's not because we're trying to build a stadium that has got us into this mess. It's because we've been living beyond our means for years and now, like so many people in this country including the Government, it's come back to bite us in the arse. We've burned cash like it was going out of fashion and now we're struggling to pay the next bill.
Clearly we shouldn't have spent what we had. But each and every one of us greeted the new signings we've had over the years. Discussing now that we haven't got any money is hypocritical. Suggesting that we spend our way out of trouble is the equivalent of playing Russian Roulette with the Club's very existence.
I entirely agree, Beefy. I think some of the more level-headed posters on here know that the club's future should never be gambled on short-term signings. Unfortunately, the club was financially mismanaged on a massive scale when we were in the Championship. We all didn't have access to the figures at the time so couldn't comment on whether we could afford the signings. I was pleased we were making signings at the time, but I would never have advocated spending beyond our means. (I well remember the Whelan era that the club nearly didn't recover from.) Does that make me guilty? Or should the people in charge of the club's finances at that time take any blame? They say hindsight is a wonderful thing, but so far we've seen no contrition from the person who runs the show.
The biggest mess-up in all of this was the overspending on signings and wages we couldn't afford in the Championship, taking populist measures to appease certain fans' calls for signings at all costs by making panic signings (an expensive Irish striker from whom we didn't exactly get full value, just for example) and failing to plan ahead for the likely relegation from the Championship. How we could be losing £2.4m a year is unbelievable. If you read the blogs, you'd be forgiven for thinking that relegation from the Championship was a bolt from the blue. Surely the club should have planned for what happened next?
This mess can't all be blamed on the global financial crisis. Someone else a bit closer to home should take at least some of the responsibility.
But remember. Everything's all under control. There are no money problems at the club. And Tilly wouldn't have altered the starting 11 in any game this season.