I disagree with the thought we need a rich owner. We have been in trouble for many years because we have been chasing the dream. The football department have a model they want to work with, but thanks to the current situation, they have had no chance. I would much prefer to see them work in a debt free environment and see what can be achieved. Don't like the money is no object approach and there is no quick fix. It isn't how much money you have, it is spending what you have wisely.
Plans need to be made for the future and we need to restore the Academy, which we seem set to lose. I don't know, whether the new Stadium can have the capacity increased, but from the latest release of information, the Stadium seems tucked away in a corner, with very little room for expansion.
Take Wrexham and Notts County out of the equation, with no embargo we would have gone close. Wrexham are an exception, but Notts County have rebuilt the Club over the last 4 years and will probably make it to the EFL.
If I could double like this, I would.
Here is the thing I don't get; a few years ago RM "splashed the cash" when backing his managers, who, alongside their philosophy and approach, had identified certain players they wanted, perhaps people they knew, who they thought could do a job. In they came, out went the wages. It is this that has primarily led to the historic debt issues we have and he has been castigated for it.
Little old Southend is not exactly a big draw when it comes to players looking down the leagues; there are countless teams with bigger and better facilities, stadiums and crowds. As was shown in the 1980's when, as a Division 4 side we signed players with much higher profiles that we couldn't afford, it nearly killed the club. Ronnie Whelan did the same with the players he signed, who only came here for the money, not because they wanted to play for Southend. That is a dangerous and unsustainable model, yet here we are with people saying we need rich owners so we can attract the big players on big money (a la Wrexham and Notts County) and get out of the NL.
Well, as has been stated, Sutton won the league a couple of years ago and before that it was Barrow, neither of which were funded by multi millionaires and we now have a team of players that WANT to play for this club, pretty much all assembled from lower leagues and on a fraction of the wages paid to Mullin, Langstaff & Co.
Now, it's not even arguable that they are better strikers at this level; it's an absolute given. But with them out of the league (assuming County beat Chesterfield next week), the competition is a little more normalised and level. Even this season, with all the injuries and troubles we have had, we have competed with the best teams (we even drew with Wrexham and Notts County at the Hall and probably should and could have won both) and although we haven't beaten many of the top sides, we are not far adrift.
I want a long term and sustainable model for our club so that my children and grandchildren can follow their hometown club well past my eventual demise, whenever that is. As fun as a Hollywood style intervention would be for a while, what happens when the money stops? Because one day, it will.