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Posts: 4578
Mar 4 12 7:17 AM
Can't Recognise A Footballer
Clack wrote:Ok, Duxbury was running the club for Straumur - we all know that, and that is what I meant when I said Straumur. It was reported everywhere that G & S paid £50 million for their 50% - it's complete nonsense to suggest Duxbury was trying to sell the whole club for £20 million (even Fernandes himself said on in the Talksport interview he'd offered £90 million). It's not a FACT that Duxbury screwed up by appointing Zola, who was way out of his depth in this league - it's an opinion. (You could argue that Zola did a good job by keeping a team that was having all it's best players sold in the Prem league). WHU wasn't making a profit because of the massive wage bill and the enourmous transfer fees that had previously been spent on players, but Straumur/ Duxbury believed that if they could stop all that, and stay in the Prem league under the ideas of the new 'Project' then their asset would increase in value in the long-run - and it would have if we'd stayed in Prem and got the debt down. (but the problem was a 'Project' that involves building a team of young acadmey players mixed with cheap foreign bargains found by a Director of Football is just pie in the sky in the realities of the Premier League) But Straumur still have 33% and if all goes well for them, ie. WHU get back in the Prem and G & S continue to reduce the debt (and not to mention if the O/S turns out to be a success) then there asset will be aworth a lot more in a few years time.
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