No not at all, but I am saying it is by far the most difficult route. If you haven't got Russian Oil money or Arab Oil money but you do have some cash (actually a lot of cash just not an inexhaustible amount) it is more finely balanced between success and failure, where the consequences of failure are often you drop like a stone past where you started from. You are expecting them to foresee all of these pitfalls and call them accurately, where as I think they are due credit for having a go, and being let down by their professionals.
Quote from: Rissbert on June 08, 2012, 01:26:26 PMQuote from: Banganappa on June 08, 2012, 01:21:10 PMDidn't O'Neil always maintain he had a good relationship with the board, and we heard constantly about the "5 year plan". I don't recall too many saying it was a crock of shit or we were muddling through on a shit or bust basis? I'm afraid I share your skepticism as to our future prospects, but Lambert is a risk like all appointments and hopefully it is a good one. The point is that if it does not work out, it will have been well meant; was an appointment that many other prudent clubs would have made and does not make the guy whose call it was a complete tosser.The General was maintaining that O'Neill had an excellent relationship with Lerner almost up until the very day that O'Neill stropped off. There are of course no guarantees in business, all you can do is your best. So I agree that Lambert is probably about the best appointment that they they could have made this summer, but I don't agree about the general spending over the years. There were enough warning signs early on, but Lerner kept on chucking money at O'Neill way past the point he should have realised he couldn't afford it. Maybe Lerner and Faulkner didn't know enough about Football and Footballers?
Quote from: Banganappa on June 08, 2012, 01:21:10 PMDidn't O'Neil always maintain he had a good relationship with the board, and we heard constantly about the "5 year plan". I don't recall too many saying it was a crock of shit or we were muddling through on a shit or bust basis? I'm afraid I share your skepticism as to our future prospects, but Lambert is a risk like all appointments and hopefully it is a good one. The point is that if it does not work out, it will have been well meant; was an appointment that many other prudent clubs would have made and does not make the guy whose call it was a complete tosser.The General was maintaining that O'Neill had an excellent relationship with Lerner almost up until the very day that O'Neill stropped off. There are of course no guarantees in business, all you can do is your best. So I agree that Lambert is probably about the best appointment that they they could have made this summer, but I don't agree about the general spending over the years. There were enough warning signs early on, but Lerner kept on chucking money at O'Neill way past the point he should have realised he couldn't afford it.
Didn't O'Neil always maintain he had a good relationship with the board, and we heard constantly about the "5 year plan". I don't recall too many saying it was a crock of shit or we were muddling through on a shit or bust basis? I'm afraid I share your skepticism as to our future prospects, but Lambert is a risk like all appointments and hopefully it is a good one. The point is that if it does not work out, it will have been well meant; was an appointment that many other prudent clubs would have made and does not make the guy whose call it was a complete tosser.
Quote from: Rissbert on June 08, 2012, 09:14:51 AMQuote from: Steve Rose on June 08, 2012, 06:45:11 AM...It could equally be argued that during his term as CEO the club has recovered from the precipice of near insolvency to one of relative stability. He has seen out a situation that has killed other clubs without the loss of PL status and has therefore succeeded where many other 'football men' have failed.That would be true if we weren't still massively insolvent. We are though.That may or may not be be where are today in absolute terms, but if you are judging Faulkner's tenure you have to compare where we are now to where we were then.We have survived the millstone of having a lot poor players on fat contracts plus the departure of many of the better players without having sacrificed the ability to regenerate.Look at what really did for Leeds, Sheffield Wednesday etc etc.We haven't had to let good players go for peanuts, we are still in the PL, we can still attract reasonable sponsorship. There's even a bit of a feelgood factor returning - apparently reflected in ST sales.I am not saying Faulkner is responsible for all this - in truth, the main reason we have survived is that our owner has also been our de facto banker. Nevertheless, the case for arguing that Faulkner has done a poor job is not as clear cut many would have it.Getting to where we are today compared to the depth of shite we were in may well turn out to be a bigger achievement than getting 6th place in the league by throwing container loads of cash at journeymen footballers.
Quote from: Steve Rose on June 08, 2012, 06:45:11 AM...It could equally be argued that during his term as CEO the club has recovered from the precipice of near insolvency to one of relative stability. He has seen out a situation that has killed other clubs without the loss of PL status and has therefore succeeded where many other 'football men' have failed.That would be true if we weren't still massively insolvent. We are though.
...It could equally be argued that during his term as CEO the club has recovered from the precipice of near insolvency to one of relative stability. He has seen out a situation that has killed other clubs without the loss of PL status and has therefore succeeded where many other 'football men' have failed.
Quote from: Banganappa on June 08, 2012, 02:21:08 PMNo not at all, but I am saying it is by far the most difficult route. If you haven't got Russian Oil money or Arab Oil money but you do have some cash (actually a lot of cash just not an inexhaustible amount) it is more finely balanced between success and failure, where the consequences of failure are often you drop like a stone past where you started from. You are expecting them to foresee all of these pitfalls and call them accurately, where as I think they are due credit for having a go, and being let down by their professionals.The amounts overspent have been huge though. You'd have a point if we'd had to retrench slightly, sold a player or two and finished 8th or 9th. But the decline has been absolutely atrocious, from being a lot of people's "second" team for a while, to being the team that most people wanted to see relegated last season, stripped of all its good players. As for being "let down by their professionals" they are the directors of the club as I keep saying. By far Lerner's biggest mistake was putting too much faith in O'Neill, and while we're on about mentioning things at the time, I was saying O'Neill had too much power and had spent too much money ages before he left, which was about as popular a view on here as a hippy at a BNP rally.
Should the board have turned around and said Ashley Young and James Milner will be pure gold you can buy them but you're wasting our money on Davis, Beye and Sidwell.
It's only with hindsight that we say it was overspent. Should the board have turned around and said Ashley Young and James Milner will be pure gold you can buy them but you're wasting our money on Davis, Beye and Sidwell. With that sort of intuition they wouldn't need a manager at all. We criticise clubs when they hire and fire every two minutes but now we are having a go when the manager is given a chance and blows it.
Quote from: Banganappa on June 08, 2012, 02:43:07 PMIt's only with hindsight that we say it was overspent. Should the board have turned around and said Ashley Young and James Milner will be pure gold you can buy them but you're wasting our money on Davis, Beye and Sidwell. With that sort of intuition they wouldn't need a manager at all. We criticise clubs when they hire and fire every two minutes but now we are having a go when the manager is given a chance and blows it.Only in hindsight?! Jesus, I assume you've never been in any sort of business yourself then. Ever heard of budgets? I wouldn't expect Lerner to know much about the relative merits of various players, but I would expect him to know how much money he had to spend.
Faulkner reminds me a bit too much of Cbeebies Nonce Justin Fletcher.
Quote from: Rissbert on June 08, 2012, 03:23:53 PMQuote from: Banganappa on June 08, 2012, 02:43:07 PMIt's only with hindsight that we say it was overspent. Should the board have turned around and said Ashley Young and James Milner will be pure gold you can buy them but you're wasting our money on Davis, Beye and Sidwell. With that sort of intuition they wouldn't need a manager at all. We criticise clubs when they hire and fire every two minutes but now we are having a go when the manager is given a chance and blows it.Only in hindsight?! Jesus, I assume you've never been in any sort of business yourself then. Ever heard of budgets? I wouldn't expect Lerner to know much about the relative merits of various players, but I would expect him to know how much money he had to spend.Very wrong assumption.It's nothing to do with budgets.Owner says ....."Mr Manager you are a recognised Messiah in your field, here's £35m to spend on players, please spend it wisely and not a penny more"........ 1 year later.....Owner says "Mr Manager you spent my £35m on Emile Heskey and a bunch of other donkeys and we've still only finished 6th again"......Chorus from fans...."The Chairman is a wanker, he didn't budget properly!" I don't think so.
Quote from: Rip Van doin' the Lambert walk on June 08, 2012, 03:30:10 PMFaulkner reminds me a bit too much of Cbeebies Nonce Justin Fletcher.Just because you don't like the cut of the chubby-cheeked chap's jib is no justification for noncifying him Rip Van, ya daft noncifier.
Quote from: Banganappa on June 08, 2012, 03:37:06 PMQuote from: Rissbert on June 08, 2012, 03:23:53 PMQuote from: Banganappa on June 08, 2012, 02:43:07 PMIt's only with hindsight that we say it was overspent. Should the board have turned around and said Ashley Young and James Milner will be pure gold you can buy them but you're wasting our money on Davis, Beye and Sidwell. With that sort of intuition they wouldn't need a manager at all. We criticise clubs when they hire and fire every two minutes but now we are having a go when the manager is given a chance and blows it.Only in hindsight?! Jesus, I assume you've never been in any sort of business yourself then. Ever heard of budgets? I wouldn't expect Lerner to know much about the relative merits of various players, but I would expect him to know how much money he had to spend.Very wrong assumption.It's nothing to do with budgets.Owner says ....."Mr Manager you are a recognised Messiah in your field, here's £35m to spend on players, please spend it wisely and not a penny more"........ 1 year later.....Owner says "Mr Manager you spent my £35m on Emile Heskey and a bunch of other donkeys and we've still only finished 6th again"......Chorus from fans...."The Chairman is a wanker, he didn't budget properly!" I don't think so.Of course it's to do with budgets, or is there another reason for losing £150m over 3 years? To be honest you're showing the same level of business savvy in this debate as Dave W usually does. "Lerner's good because he spent lots of money". It's a really unintelligent argument.