I am starting to fear that we could descend into an even worse situation than we reached in 1968.
Back then we were on the verge of bankruptcy after years of decline. However, when the club was finally put up for sale it was only a relatively short time before Doug Ellis turned up with financier Pat Matthews. By the following summer, a £200,000 share issue had put the club on a sound financial footing.
Now, the stakes and money involved are much higher. The gap between the haves and have nots is so much wider. You are talking in tens and hundreds of millions. Nowadays the only way forward is a rich owner or consortium, almost certainly with no local affinity. We are left completely at the mercy of virtually any chancer who could finish us off.
