I agree with his every word.... https://www.dailymail.co.uk/sport/f...Holt-horrified-footballs-skewed-finances.html Runs a good little club the correct way and speaks his mind. Top bloke.
He says, 'Why do they do it '. Well I've no idea, it's nuts, these are intelligent businessmen but for one reason or another when they buy a football club they turn into buffoons. If I had a few hundred million in the bank i'd steer well clear . It would be nice if in the long run it would be survival of the most efficient, a premier league consisting of Barnsley, Burton, Accrington, Ipswich, Rotherham etc .
It’s mainly money borrowed on the back of the clubs assets . Very rare the owner suffers ir very little as a loss it goes on the club and the fans to save it . Not many businessmen go bust on back of owning a football club.
Andy Holt and his directors came into Redfearn's for a pint before our game with them. We thanked them for the hospitality they put on for our fans when we visited them. The consensus was they are top blokes.
"Well-run clubs like Burton Albion, who run a balanced budget, get relegated". I wish he had said Barnsley, but never mind, he's making the point we all have.