Dont be too sure that Birch will bend over backwards and take one up the Gary Glitter - whether it is Pride weekend or not.He is his own man, and I don't think he is hugely impressed by what has gone on prior to his appointment - and not just by Jenkins' role. And I think he has a large amount of autonomy in order to run the club. because he would not have come if he did not.
Its like this, What price do the the owners put on us staying in the Championship? They put a small price on us staying in Prem and look what happened! If they do the same this year it will be a relegation fight. They know the price of everything and the value of nothing,
@jollyboy You are obviously a bit of a zealot, but let’s get the facts right. The shareholders didn’t spend big. The only money that changed hands was between shareholders at the share purchase.The made no difference at all to the resources available to the club.After the first couple of years, the club spent the Premier League money as it came in and did so wastefullly, in anticipation that the Premier League money would continue.So it’s the new shareholders and the old shareholders, excluding theTrust, who have got us to this position. Fortunately we have TB who is, more than competent, as our big hope to sort the mess out.
@Cadleigh you are entitled to your opinion even when you are factual incorrect. ‘They’ - The Owners spent zero money. So if in your opinion thats ‘big’ then it’s a new definition of ‘big’ in which case this government has been spending ‘big’ since they introduced austerity
@jasper_T No they haven’t. The company is a separate legal person, it’s not the shareholders income to spend it is the company’s income.Yes the company could have decided to pay a dividend instead of buying players, at which time all the shareholders including the trust would have received a dividend.In case you hadnt noticed the US owners don’t own 100% of the company, but they couldn’t have paid a dividend unless they had made equivalent profits.So it’s still not their money as no dividend was paid.We might have been relegated earlier as a result, would we be worse off, that is a matter of opinion, but it’s not a matter of opinion that the US owners spent big. They didn’t, they neither spent nor took money out.So @jollyboy @cadleigh and @jasper_T are just wrong.You can argue we might have been better off if we hadnt spent some of that money but had instead paid dividends, but then the Trust would have possibly £12m in the bank if the company had paid dividends, and might be able to buy a greater share of the company.That is a worthwhile point to discuss and there can be different opinions on that issue.