This has been done to death but I’ll chip in.ClaretPete001 wrote: ↑Wed Apr 03, 2024 11:14 amALK took £50 million of the clubs money out of the bank account and gave it to the former owners.
At what point does £50 million change from being an existential threat to the clubs existence caused by Covid to being thank you and oh by the way thanks for the other £65 million you borrowed from MSD and we'll see you soon for the other £68 million you are somehow going to make running the club.
How can anyone take those comments about Covid seriously given what happened......?
I genuinely don't get your point Chester.
Any theory that we were being well managed by accumulating cash and not investing in the team was thoroughly disproven when a) the takeover occurred and structure made it clear said funds had been used in part to fund the previous owners exit, b) we got relegated.
It was awful management motivated by greed as far as I can see.
We mightn’t be delighted with the exact position we find ourselves in now but shouldn’t forget that the position we were previously in wasn’t that great either and the one we find ourselves in now a direct result of that.