Just been reading their Chairman's tweets and it's really interesting. They've got a policy of only offering 3/4 year deals. If a player refuses a contract when they have 12 months left they go on the transfer list. Says there's plenty of money in the transfer kitty for the Summer and they could be the big spenders. Now I know the situation's different in that he's pumping cash in and Cryne's stepping back but the principles of the clubs are the same - smaller club in the league, low attendances and signing young players from down the leagues but they seem willing to take risks on their players with contracts. We won't. Plus they'll probably get about £5 million in the Summer for Taylor and Boyd. More and more of our problems point to how it's run off the pitch, not on it.
I think all of our probems stem from how it's run off the pitch. Offering long term contracts is a good idea if someone is willing to sign it but I wonder if it might put a lot of modern day mercenaries off. Difficult one.
Maybe he's referring to the offer that Cryne made for the club, whereby he didn't want any of his money to be put in just to line the shareholder's pockets, but instead wanted his money to go towards paying the club's debts and improving the playing side. As that seems to be the deal that the former board rejected on the shareholder's behalf (without putting it to any shareholders other than themselves - funnily enough the majority shareholders and the people who were going to miss out on the biggest windfall), I fail to see what any non-shareholder could possibly find wrong with that. Unless there's something in the book that I missed?
Would that be from the same meeting where Dennis was asked if ISOFT had made an offer and he said no...
There was a better deal on the table that did not come off. We're not talking millions to pay the shareholders and I dare say the ones who were planning to stay would not have had a payout? The former board members lost money from admin because they boought up shares to prevent a takepver, it is referred to in the book too.
