JLW
Player Valuation: £70m
This is a valid point of view and we can take mistakes here and there from the owner and you’re right without his money it could be catastrophic! But the fact of the matter is IMO he and his board have put us where we are today. Without his millions flushed down the bog we wouldn’t be in financial mess He’s allowed incompetent people like Bill and co to flush his money away. Moshiri is the one who can remove the amateurs from their positions to make his business successful, or at least give it a better chance of being successful. The proof is in the pudding, we don’t create enough revenue, we don’t get the best sponsors out there, we are recruiting the wrong managers, the scouting system is shocking, the chairman and CEO are useless, they’re getting paid a kings random to make this club successful on and off the pitch and theyre failing.It’s a far more complex debate then many of the pressure groups suggest, I keep hearing “we want change” - what’s that exactly….because change could be catastrophic for us. I’m not defending anyone here just stating what I believe to be the reality. Would I like us run better, definitely I’ve been saying it long before the koolaide was drunk - in regard to our finances.
No doubt a fair degree of mismanagement happened, the owner perhaps to my mind is content to have patsies at board level in place so he can make all decisions - it happens. That or he’s naive and been taken advantage of “by supporting his management teams”.
Nuts and bolts and he has said it in his letter, he’s invested huge sums of money in the club, he’s taken on board and solved the ground issue - two high priority problematic issues at the club for decades, his commitment and actions of support can’t be questioned. Incredible sums of money have been spent, no one else is going to that in my opinion, or certainly they can’t.
The problem we have now is the club is utterly dependent on him now for financial survival, those 100s millions of losses we see every year is actual money being covered by Moshiri, without those cheques the club ceases to function and goes into administration or liquidation - essentially all assets getting sold. You won’t see that in the small print of the advocacy groups when they talk “of change”, nor can they give guarantees that a new owner won’t come in and asset strip us to cover our losses etc.
So it’s a fair more complex discussion, then a glib, we want change, a new man comes in and we start from scratch, that’s not going to happen, we’re in a hole and without Moshiri cheques we are in huge trouble.
So ultimately a lot of contrasts exist at the same time, have we been mismanaged - yes, has he invested an incredible amount of money on the club and infrastructure - yes. Is the club utterly dependent on him and without further investment to cover our losses are we in huge trouble - yes.
Someone is going to have to come up with something better in terms of strategy as just “change” because it’s a far more complex issue then just a binary in or out, in terms of the clubs well being.
Again I’m not defending him or the management teams as it’s clear we have been poorly managed, but the problem that has been created isn’t something that is going to be reset with a new owner - in fact things could get worse if there is no guarantee that an external partner covers our losses. That’s how I see the reality of the clubs position in regard to the dynamic.
For me catastrophic would be to keep doing what we’re doing with the same people doing it!!! This club has lost its identity and us fans don’t even know what we’re trying to do on or off the pitch.
I don’t believe we will get relegated this season but if we continue in the same vein with the same clowns then it’s only a matter of time.








