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All owners have a responsibility to make the clubs sustainable and to offer good value for money on match days etc. I looked very seriously at a club in north east of England who are in a serious state the owner wants 600,000 for a relegated side that doesn't own their own ground and in excess of 1.2m in debt and to add to that they are paying players from years ago that they didn't pay during their time at the club

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Just now, Elementary Penguin said:

Not strictly true. The Bunnet basically gave Celtic an interest-free overdraft for five years, and after restoring leagues and cups and building a fucking monster ground, fucked off with an eight-figure profit. Ronnie MacDonald likewise, has fronted cash for Clyde and Hamilton, and been weighed in from transfer fees.  

 

 

Take out the money laundering scams from that and you're down to one.

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Not strictly true. The Bunnet basically gave Celtic an interest-free overdraft for five years, and after restoring leagues and cups and building a fucking monster ground, fucked off with an eight-figure profit. Ronnie MacDonald likewise, has fronted cash for Clyde and Hamilton, and been weighed in from transfer fees. Theres more to cash in football than John Boyle, Yorkston and Stewart Milne. 
 
 


EP, did you ever work for Enron in the investment department?
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