Sorry Manny I disagree. You simply must apply the same values as any other business. There are countless examples of businesses who have assets tied up, who also have to be prepared to deal with the unforeseen on a regular basis. It’s the fact that individuals don’t that invariably leads to issues and a primary couple of reasons why businesses fail. Any model, or any other term people care to wrap around it, based on indefinite greater expenditure than income is at significant risk of failure, it is that simple. This whole philosophy based on wealthy individual and the like handouts that had been allowed to evolve is a disgrace as far as I am concerned. As debated countless times on here, the primary alternative seems to be ground development to attract an increase in revenue. A strategy that has proven to have failed a significant number of clubs. Yet somehow we are touted as an example where it will be different and we will sink millions into a what I would describe as pointless folly in some potentially vain attempt to lead us to a brighter future. I’m not always right and make errors of judgment like anyone else. I accept it is possible that we may just pull it off because there are examples of clubs that do. However, to blindly continue along the path we and others like us are going without accepting there is a significant risk is also wrong and people need to start waking up to it and start providing better examples of security than “I reckon”. Because frankly that is what any projections seem to be based on from where I am sitting and I challenge anyone on this forum to provide a shred of credible data, research or other tangible evidence to the contrary.
A brilliant post 👏👏👏👏
