It's a false premise that the Board can continue to sit and do nothing yet still expect to get a great pay day. Every day we fall further behind our rivals and the further we fall behind the greater the investment required to catch up. Furthermore we consistently lose money which further detracts investors from buying at a premium.
In business you can never afford to sit still because in doing so you fall behind your competitors. The fact is that this Board is destroying the equity value of their and our shares whilst hanging on for a completely irrational valuation. The longer they hang on the less the chance of them achieving their objectives and we the fans, ours.
It is commercial madness!
Sorry Esk you're looking at it from a fans point of view, when Earle rings Kenwright he asks 1 question:
"are we in danger of relegation?"
Everything about present day EFC is geared to that, the fans turn up clap Kenwright and we sell someone to cover the 5million shortfall!
Simples!!
It is complete guesswork about the attractiveness commercially of this club for all we know several serious interested parties approach every year but the terms don't suit BK and the kids so off they pop. BK whistling "plenty more fish in the sea".
One thing IS certain - football clubs sell - you'll never have a bigger example than Man City, in sh1t order when Shinawtra bought in and didn't even own a ground when Mansoor came along ffs.
This business/commercial model is irrelevant to the big fish - It's about ego and exposure - could our name and history provide that if adequately funded? Better than most I'd say, but there's a fly in the ointment somewhere my hunch is it's the amateurish BK.
