Confirmation that we really are rotten from top to bottom. Fox out!
What I don't understand and can someone explain how this has happened but the wage bill rose £14m which is what, £280,000 per week?How with the players we signed and the players we released or let on loan have we ended up paying an extra £280k per week?
Quote from: TopDeck113 on March 10, 2016, 06:58:09 PMI've read every word of this thread and bow to the expertise of the accountants and business analysts amongst you. However, as a football fan, it all makes me yearn for a simpler time when the only figures that mattered were 2 points for a win, we've won in 7 times, Co. Durham, 5' 7". Me too, it's all a bit over my head.One thing though it's very clear Randy has spent money but has made a complete mess of the running of the club. If only from day one he had some advice and put in place a decent team to run things from the top and a structure if a manager doesn't quite work out.I don't feel sorry for him and I don't hate him. He hasn't done it on purpose but you have to question his leadership skills.Having spent a lifetime working in industry, I came to understand that the worst person to have in charge of anything is a useless nice guy. They tend to hide their incompetence under a veneer of charm, good intentions and geniality. Accordingly, they get afforded much more leeway than a useless bad guy. They remain in position way after the damage is long done and can wriggle and duck their way out of all sorts of difficulties and embarrassments. The fatal flaw that useless nice guys all have though is a capacity for self delusion. Because they want something to be so, they convince themselves it is. They trust fellow fools too and are usually terrible judges of character. Gullibility is another terrible weakness too, as is a basic, inherent laziness.Ladies and Gentlemen, I give you Randy Lerner; the ultimate useless nice guy. You can almost forgive him for he knows not what he does. Oh for a competent and effective nasty guy in the Ellis mould. Who cares if he's a ruthless old scroat like Ellis was if he delivers, which he did more times than not, a football team that was worth supporting.Great if you can get a genius nice guy like George Martin, recently RIP, but very few exist.
I've read every word of this thread and bow to the expertise of the accountants and business analysts amongst you. However, as a football fan, it all makes me yearn for a simpler time when the only figures that mattered were 2 points for a win, we've won in 7 times, Co. Durham, 5' 7".
Quote from: aj2k77 on March 10, 2016, 07:55:21 PMWhat I don't understand and can someone explain how this has happened but the wage bill rose £14m which is what, £280,000 per week?How with the players we signed and the players we released or let on loan have we ended up paying an extra £280k per week?I know that. The summer of the has beens. Senderos, Cole, Richardson et al. How on Earth did it end up costing us an extra £14m in wages? The accounts are for the year ending May 2014, last summers comings and goings are not included.
Half a billion dollars he's effectively paid for a Championship club.
Cissokho, Senderos, cole, Richardson, Sanchez, Gil, and sinclair are some of the additions in that period aren't they? Plus Delph, Hutton, Gabby and some others would have had rises in that periodCan't think of any significant reductions due to players leaving? Who left that would have saved us cash?
and he then got it paid off a few months later.