Problems With the Finances?

November 12, 2009 by KevB8ll · 4 Comments
Filed under: Blues News, Kev's Ramblings 

Now that I have your attention, the answer is I don’t know – but don’t click away yet, because I want to run some thoughts past you.

Thanks for staying!

Ok, so there are a number of reports knocking about, that the previous board MAY have left more debt than was declared within the takeover process. The new board have bought in an expert to go through the accounts and find out what is happening. They haven’t shouted from the rooftops – just made a brief statement saying they are looking into it.

Meanwhile, Mr Sullivan has talked to one of the local news outlets and rubbished the claims. He has even suggested that this may be a ploy by the new board to get out of spending the money they promised in January and the Summer. Well he should know, he became an expert backing off from promises to spend money. Don’t get me wrong – if you search the blog, you will find that I was very thankful, on the whole, of the previous boards efforts, commitments and finances. However, there were definitely times when we were promised players or finances for players and it didn’t happen.

So why should Mr S be doing this? After all he expressed his love for the club right up to the point he left? Something to hide? Getting his retaliation in first? A dig indirectly at the fans?

To be honest I don’t know – however one thing IS certain, I like the way the new board are conducting themselves. There is no melodramatic rhetoric, just we are looking into this. Well done – that’s how it should be. If things are found that are not right – I’m sure we will hear more about it then. If things are not found – no problem. But they aren’t shouting about it in the press. If you get another football team Mr S, maybe you could learn from this.

Just to finish, I am getting more and more convinced that the new board want to do things properly and I don’t feel anywhere near as apprehensive about things as I did earlier in the year when it appeared Mr Yeung was going to re-bid.

Keep up the good work guys.

Kev

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