Boehly - Clearlake out!

New ownership, new approach, different thinking.

The sporting directors and the direction that the current ownership have taken , are failed, the proof of this is what we have today and have witnessed over the last 20 + months.

A new ownership will have to rebuild using what they have, but it will have cost them 50% of what it has cost the current ownership.

As it has been raised, exactly what gives any confidence that the current ownership are capable of a significant change in direction, very little.

At some point the ownership will have to decide if they are competent enough to salvage what they have and turn their investment around?

In business sometimes the first loss is the cheapest / best loss.

I think the issue is the size of the new ownerships ego's.

That may sound astounding, but numerous people around the club . ex professionals have let it be known these guys are full of themselves.

OP - Weren’t you only saying on Saturday in another thread that you felt the club were making the right steps in terms of trimming the squad, getting a new board in place etc. You even listed an 8 point plan as to how the club could gradually untangle itself from the mess, grow revenues from sponsorship and merchandise and gradually be more competitive

Fridge is right. Your die is cast.

Your FFP position is on a knife edge. New ownership or current ownership, you cannot change course now that you are so committed with the investment and contract situations.

What is needed is quality football people in the right positions to make sure what decisions are made are quality ones in linen with a clear long term strategy. But this is now a long term thing. There is no short cut out of this mess, nothing new owners can do to improve you ability to turn it around any quicker....although i can understand why you'd rather have more competent owners overseeing a change than the current banter-owners.

99, it is two different things, you are selectivley responding.

Yesterday it took a robust reply to your curt comment for you to make the effort for you to produce a considered response

What i said was the club are making efforts, i also said imo, that in a common sense world the club can turn it around.

At your request i produce a set of answers which did support my opinion.

But it doesnt mean im wedded to the what they can or could do.

It also was sensibly raised, what is there to be confident about that can suggest the ownership will begin to employ better commonsense. Which you also eluded to.

The reality is these guys have got 3 bln invested.

1: They are going to try to turn it around, the U turn forced upon them, by employing better judgment, listening to better advice.

2: They are going continue making a pigs ear of it and drag the club over coals in all likelihood maintaining some form mediocracy attempting to recoup some of the value they have lost in the first 24ms

3: They are going to be forced to sell at some point to salvage part of the 3 bln they have invested.

In the mean time life will go on and they will try to shaw up the clubs economy, they have financial acumen, they do not have footballing acumen.

Personally, as my profile ID suggests , i would prefer that they cut their losses , as the first loss can be the cheapest / best loss.

It is extremley unlikely that they will take the hit at this point and they will continue to grind it out.

Like i have said a 3/ 5 year recovery , more like 5 at the very best.

comment by Devonshirespur (U6316)
posted 5 hours, 41 minutes ago
You are not setup to succeed so any manager, no matter how good, will fail. And any truly great manager, who might be able to rescue something, would not go anywhere near you now.

Its gonna be a long way back and part of this risky strategy from the owners is that if things go wrong, it it likely to spiral downwards. If the team were flying then some of the very expensive potential you have bought might flourish and become better. But when the results are bad and there is actually little to play for, these same players are far less likely to reach their potential.

But you are stuck with them, because of their fees and long contracts, selling them is almost not an option because it will hammer you FFP position. Mudryk for example was £88m over 8 years. So you'd have to clear £77m now to not make a loss, and no one is paying that. CFC cannot afford to make player trading losses, the opposite is essential.

Its going to make turning this mess around extremely hard
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Mudryk for example was £88m over 8 years

no he wasnt

Comment Deleted by Site Moderator

I didnt see you complaining when over 1bn was spent in 12 months

comment by House (U17162)
posted 34 minutes ago

I didnt see you complaining when over 1bn was spent in 12 months
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Clearly you weren't looking hard enough.

comment by choppers new boots (U23059)
posted 36 minutes ago
Mudryk was 62m , rest was add ons.
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Regardless, its a silly price which he has nowhere near lived up to so isn't worth his £55m current book value. So no one is going to take him from you now for that amount, and unless he turns up some time soon, no ones paying £47m next year.

In a situation where you cannot face losses on player trading, you are wed to some of these failed purchases until such time as their value exceeds their book value and you may make a profit on him.

That said he's got 7 years to come good, so it may happen.