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Redevelopment Closer Than Ever?

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Melbourne Cobbler
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« Reply #26400 on: January 26, 2020, 21:01:35 pm »

I agree with much of what you say, but I’ll take the 5 million thing....nobody ever says that half of that was down to the failed 5USports fiasco, one which has never been fully explained.

It was the spend spend spend after that deal was announced that needed covering after relegation by the loan from Belle De Jour.

Yes, they may have pumped £5m in, but sooner or later someone has to ask what we’ve got for it? In any other business getting nothing for £5m would be seen as poor management surely?

Having said last week that they had a bank account with £11m in it was an eye opener. If you could spend £11m to make £30m that would be good business though!

Do you really think they would have put £5m in if there wasn’t a land deal at the end of the rainbow?
No, I don’t think they would have put in 5 million without the prospect of a return, that would be insane. Thing is GPC they didn’t have to change managers with the tenacity and frequency they did exposing themselves to the subsequent financial consequences. They didn’t have to back each of them in the transfer market to the extent they have? Where does the club currently sit in the salary league table? None of this needed to be financed to the degree it has if they were just here to make a killing? My view is they would have recruited cheaper managers, kept them for longer, reduced the budget, IMO these are not the actions of solely rapacious individuals, it’s so contradictory it’s ridiculous? Do I question their judgement in putting 5 million into a league 2 club over the length of time they have given the obstacles they have faced over the land, absolutely. Do I think they are mercenary, land grabbing parasites here to make a quick killing, absolutely not, and I am yet to see one reasonable explanation on here to address the contradiction?
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