Takeover

[Derek Hardballs]

I think we're agreeing on the whole there Prag   £200 million seems small change compared to Nation State wealth but should just about cover it.

Deep enough pockets to absorb debt as needed and invest as FFP allows, but horse puncher type owners need not apply.

As I've said before the key is to have an owner personally and genuinely interested in making the club successful , putting in place a management team with the business acumen and knowledge to make it happen through canny transfer activity and infrastructure development. That in itself costs serious money.

Lai, let's face it, offered none of the above!!!

Id settle for being run like we were under Baldylocks self sustaining but with an owner who can and is prepared to put some money in when its needed and with a clear vision as how to grow the club in the longterm ,surely this is not to much to wish for.

We weren’t self sustaining, we relied completely on Prem TV money.

I think by “self sustaining” meant without having to inject debt or equity. Prem TV money is ordinary revenue

Exactly. We always planned for our fall from the Orem and the subsequent loss of Prem money/parachute payments. 

We only moved away from that in Peace's last season when he knew the sale was going through.

What was the plan once the parachute payments had run out? Our income stream wasn’t anywhere near enough to make us self sufficient over a sustained period. Our level of self sustainability would lead to relegation and playing kids and or journey men like the 90s.