Over an amount not much more than Wayne Rooney's monthly salary. I'm sure there's been some financial mismanagement but still. Meanwhile, the Premier League announces a record breaking TV deal. **Title should say "Into".
Lots of coverage where I live - in fact my house is only about 5 miles from their ground - Players are being cast as the bad guys for wanting to be paid their wages http://www.964eagle.co.uk/news/loca...layers-may-be-stalling-deal-to-save-the-club/
No sympathy from me. A club that's gone bust before, got a second chance and blowing it again. Past mistakes not learned from.
Brilliant deduction based on totally no knowledge at all of the circumstances that caused their financial problems. As for your got a second chance - not they didnt - it was a completely new club formed that started at the bottom of the football pyramid and worked its way back up from nothing.
Such a shame after they worked themselves back up the leagues. My uncle played for Aldershot Town back in the late 70's, was most expensive player for quite a while and leading goalscorer.
This just about sums up the problems in football. I know that there has to be some responsibility from the clubs but what kind of perversion of the game has taken place when players are paid millions of pounds a year to play football. I heard somewhere that almost all of the Sky money ends up in players and agents pockets and only a tiny proportion trickles down the pyramid. It’s all wrong and the greatest irony is that it is within the fans power to do something about it.
Used to love the trips to Aldershot. Absolute shame and a feckin disgrace. Football is eating its soul.
They did get a second chance to start with a clean slate though even if that was from the bottom and as dreamboy says, they didn't learn from past mistakes and on their route back up they once again spent more money than they earned, a business plan that is utterly foolish and shows they didn't learn at all from the first time. They had a good cup run two years ago and played man utd and were on TV, that money was pissed up the wall.
There were exceptional circumstances at the time such as the itv deal. However I thought more could have and should have been done by the club to avoid it and they took the cowards way out instead. I also thought that certain people who claimed to love the club should have put their money where their mouths were much earlier instead of waiting to buy it for a quid.
But, from your business expertise and approach to liquidation, I take it that you'd have been ok for us to go under?
We were screwed by ITV Digital going under and since then have learned our lesson. Aldershot went bust, came back and like in the old days spent money they didn't have. If a club looks like going into liquidation for a second time it's really hard to have sympathy.
Have you noticed the other story on there? The founders of bebo sold it to AOL for $850m and have bought it back for $1m. Right bit of business that.
