Quote from: "hawkeye"Quote from: "pdiddybaby"Quote from: "lovejoy"I'm sick of this sympathy for Pompey. They over stretched themselves through bad management had a few glory years and are now feeling the consequences - what goes around comes around.Looks like they want the rules bent for them to sell players surely this disadvantages other teams who kept withi the rules and are better run financially. We have all quickly forgotten that Pompey are fundamentally a mid to lower division two (in old money) club.they did over stretch themselves and they deserve 'punishment' for that but what happened subsequently I have to say was more criminal and no one stepped in to stop it.the football authorities wash their hands over any responsibility for the running of clubs and that s morally wrongwho desreves punishment? because the people that got them ibto this mess have scarpered except Peter Storey, big mte of arryevery fan including many Pompey knew that wage levels of 95% of turnover is on a run to disaster. The punishment for winning the FA cup should have been administration but survival. the only reason that did not happen was that the whole situation there was rotten and criminal.Leeds did exactly the same thing and they got punished for it you can not defy economics and you can not pay out more than you earn. It is a lesson any Villa fan calling for massive signings on top of already a stretched wage bill should consider.
Quote from: "pdiddybaby"Quote from: "lovejoy"I'm sick of this sympathy for Pompey. They over stretched themselves through bad management had a few glory years and are now feeling the consequences - what goes around comes around.Looks like they want the rules bent for them to sell players surely this disadvantages other teams who kept withi the rules and are better run financially. We have all quickly forgotten that Pompey are fundamentally a mid to lower division two (in old money) club.they did over stretch themselves and they deserve 'punishment' for that but what happened subsequently I have to say was more criminal and no one stepped in to stop it.the football authorities wash their hands over any responsibility for the running of clubs and that s morally wrongwho desreves punishment? because the people that got them ibto this mess have scarpered except Peter Storey, big mte of arry
Quote from: "lovejoy"I'm sick of this sympathy for Pompey. They over stretched themselves through bad management had a few glory years and are now feeling the consequences - what goes around comes around.Looks like they want the rules bent for them to sell players surely this disadvantages other teams who kept withi the rules and are better run financially. We have all quickly forgotten that Pompey are fundamentally a mid to lower division two (in old money) club.they did over stretch themselves and they deserve 'punishment' for that but what happened subsequently I have to say was more criminal and no one stepped in to stop it.the football authorities wash their hands over any responsibility for the running of clubs and that s morally wrong
I'm sick of this sympathy for Pompey. They over stretched themselves through bad management had a few glory years and are now feeling the consequences - what goes around comes around.Looks like they want the rules bent for them to sell players surely this disadvantages other teams who kept withi the rules and are better run financially. We have all quickly forgotten that Pompey are fundamentally a mid to lower division two (in old money) club.
Quote from: "pdiddybaby"Quote from: "hawkeye"Quote from: "pdiddybaby"Quote from: "lovejoy"I'm sick of this sympathy for Pompey. They over stretched themselves through bad management had a few glory years and are now feeling the consequences - what goes around comes around.Looks like they want the rules bent for them to sell players surely this disadvantages other teams who kept withi the rules and are better run financially. We have all quickly forgotten that Pompey are fundamentally a mid to lower division two (in old money) club.they did over stretch themselves and they deserve 'punishment' for that but what happened subsequently I have to say was more criminal and no one stepped in to stop it.the football authorities wash their hands over any responsibility for the running of clubs and that s morally wrongwho desreves punishment? because the people that got them ibto this mess have scarpered except Peter Storey, big mte of arryevery fan including many Pompey knew that wage levels of 95% of turnover is on a run to disaster. The punishment for winning the FA cup should have been administration but survival. the only reason that did not happen was that the whole situation there was rotten and criminal.Leeds did exactly the same thing and they got punished for it you can not defy economics and you can not pay out more than you earn. It is a lesson any Villa fan calling for massive signings on top of already a stretched wage bill should consider.so who are you going to punish?
Quote from: "lovejoy"I'm sick of this sympathy for Pompey. They over stretched themselves through bad management had a few glory years and are now feeling the consequences - what goes around comes around.Looks like they want the rules bent for them to sell players surely this disadvantages other teams who kept withi the rules and are better run financially. We have all quickly forgotten that Pompey are fundamentally a mid to lower division two (in old money) club.Part of the issue I think is that you cut your cloth accordingly and they budgeted with Gaydamak's ongoing financial input factored in.When he effectively pulled the rug from under them they were screwed.As indeed many other clubs would be if faced with a similar scenario, possibly ourselves included. (Though we aren't as far gone as they were with the wage bill alone tying up 90% of their income at one stage).Only clubs who spend just what they earn through the gate, via transfer sales and commercial activities would be in any moral position to throw stones. And you won't find many of those in England.
It must be pretty easy as a fan to get caught up in it all. I'll be honest, I have no idea how much of our turnover the wage bill is - I suspect 95% of Villa fans are the same.I won't give a monkeys what the wage bill is next Sunday. I'll enjoy watching my team at Wembley, after all I follow it because I like football not accounts.It's the same as with Leeds. I still can't feel anything other than sympathy for the fans.
Quote from: "Ross"It must be pretty easy as a fan to get caught up in it all. I'll be honest, I have no idea how much of our turnover the wage bill is - I suspect 95% of Villa fans are the same.I won't give a monkeys what the wage bill is next Sunday. I'll enjoy watching my team at Wembley, after all I follow it because I like football not accounts.It's the same as with Leeds. I still can't feel anything other than sympathy for the fans.and it is not good giving sympathy for those fans as you say have no idea on the finances. Burying your head in the sand to economic reality is no reason to give sympathy. The sympathy belongs to the fans when the authorities failed to take action against an obviously very dodgy season.Would you believe (well you would) that the new owner has yet to pass the fit an d proper test, not that he would care he is only out for revenge against the Gaydamek's
gaydamark walked when he found out how big the debts were, the problems go back to Storey, Redknap and Mandaric
Quote from: "hawkeye"gaydamark walked when he found out how big the debts were, the problems go back to Storey, Redknap and Mandaricincorrect, Gaydamek lent the club at least £30m to find the high wage bill and win the FA cup but the fans did not realise until after the event that 1) The actual FA cup run resulted in a financial loss for the club due to the bonus's paid.2) That Gaydamek was funding the club through loans and not just giving money for shares
so who are you going to punish?
Quote from: "hawkeye"so who are you going to punish?The twat with the bell.
Quote from: "pdiddybaby"Quote from: "hawkeye"gaydamark walked when he found out how big the debts were, the problems go back to Storey, Redknap and Mandaricincorrect, Gaydamek lent the club at least £30m to find the high wage bill and win the FA cup but the fans did not realise until after the event that 1) The actual FA cup run resulted in a financial loss for the club due to the bonus's paid.2) That Gaydamek was funding the club through loans and not just giving money for sharesno point in discussing this with you, as i said you dont know what is going on