Spurs have dispensed with the man once thought Europe’s hottest guru manager (don’t believe in guru managers). Villas Boas was a failure as manager but he was a mere symptom of their problems. Splurging circa £100m on vagrant misfits should be enough to disguise the fact that you don’t have a sustainable strategy. For a while. But primary responsibility lies with whoever authorised the budget in the first place.
Selling that chap with the funny hair to Madrid went some way towards offsetting the cost of this summer’s acquisitions, but Spurs wage bill for the new arrivals will dwarf the money paid to those who departed. This is the more serious problem.
They are left with players on long and expensive contracts who look like they auditioning for a West End show. Forget about Spurs recouping their ‘investment’, the chances of players attracting contract offers which match the cash the Cockerel coughs up each month is zero.
The Bale money is gone and those new contracts written in the summer will inhibit the club for years. What next: downsizing, or another visit to the roulette table, gambling with even bigger stakes next time?
Here’s what happens when you sell your star player: everyone and their grannie wants the money spent. “The [Insert club name] board need to show their ambition”. This comes from fans, the media, the manager, scouts, family members and every taxi driver in a 30 mile radius. And why wouldn’t they spend an apparent windfall, that’s what the money’s there for, after all.
It’s at this point clubs lose all self-awareness. Reinforced by the success which led to the development and profitable sale of a prime asset in the first place, the organisation’s view of its reach, not to mention competency, is obliterated. “We have spent money well in the past, look, here is the evidence, therefore we can spend this even larger amount of money well now”.
With this belief now orthodoxy, every pore in the organisation secretes an intoxicating scent attracting the club to market. Unfortunately, the rewards for spending big are heady and instant, though they seldom last as long as the hangover.
Directors are celebrated, ticket and merchandise sales get a short-term kick. The manager and coaches get to play with more expensive toys; quite literally, everyone is happy. This is narco-football, only accommodated by ever-bigger hits. For some, this narco-football offers proof that management share wider stakeholder aspirations. I contend otherwise.
The heresy to this orthodoxy reads differently:
Clubs should mistrust their successes, they are evidentially more random than most are prepared to accept.
Windfall transfer income is more likely to draw clubs away from the part of the market they are most competent in. It is an acknowledged fact that sellers and agents literally see them coming.
Don’t go searching for the instant hit, you’re more likely to miss. If necessary, take some short-term pain while using resources to enhance recruitment infrastructure.
Heresy in any area of life is seldom met with quiet contemplation. Narco-football heresy is more likely to be met with a rationalisation that the heretics don’t share orthodoxy’s core values – sustainable success of the football club – no matter how many references to “sustainable success of the football club” they make. It’s Salem-esque.
The orthodox-heretic analogy is evident where three or more are gathered in any club’s name. The first club who manage to unite everyone behind the heretic’s charter will clean up/reach nirvana/find salvation/achieve ultimate enlightenment/do lunch with Tom Cruise.
CQteN St Patrick’s Day Dinner is now FULLY BOOKED. Many thanks for everyone who responded so quickly. We are well on the way to raising the money to build a kitchen and shelter at the Kholoni Primary School in Malawi (for details check here).
Just a few posting days left to order your CQN Annual before Christmas, £5 from every sale goes to the Malawi appeal:
Sean Fallon: Celtic’s Iron Man:
[calameo code=000390171ece27dd9e54e lang=en page=98 hidelinks=1 width=100% height=500]
967 Comments- Pages:
- «
- 1
- ...
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
Back in to say….
______________
hen1rik
12:06 on 18 December, 2013
________________________
But but but they are still the same, honest. Did the ASA care that the ECA had a deidco employee McLelland EBT recipient on its board?
________________________________________________________________________
Aye – the huns are, or rather – the craft – are good wi their plants n stuff, eh ?
Ah mean, just look at UEFA…..what
with Dallas in place to instruct – Eddie Smith to report
singing from CP ?
Sorry about split-post
Gemlins :)
Hamiltontim Re The Pogues
I never attended that gig in the Duck, but most of my friends were there.
They just didn’t do anything for me!
Anway, if you’re on f/b, and you type in ‘I drank in the Mukky Duck’ into the search box, there are some old photos and memories shared on it. Quite interesting.
I’m sure you told me once your uncle is NS who owned the Duck.
~SPF~
SPF
He is indeed.
Don’t do the Facebook thingamy but I’ll try and get someone who does to let me have a peek. Many thanks.
Auldheid
12:11 on 18 December, 2013
Nat Know
Which world?:)
I’m staying out of the roasted v toasted cheese debate regardless of fillings as I do not know what version of the Spitfire was involved.
The earlier MK2 versions powered by the Rolls Royce Merlin engine would have produced a bit less heat than the much later MKXV1powered by the Griffon engine and unless I know which one is involved I could only speculate on whether the cheese produced was roasted or toasted depending on the heat generated.
Suffice to say with a moon full of cheese there is enough of either type depending on distance from any crash site to go around
Not sure if green pesto is available in similar quantities though.
Aff oot, ma nurse is warming up my zimmer.
Surely the type and quality of cheese the moon is made of must also come into play?
BunchAZoomersCSC
:-)
From pmcn88 twitter a fellow Tim wanting our help.
If you can’t be bothered then don’t worry about it.
Anyone wishing to make a complaint should do so against ASA
http://t.co/ISRfPqSglG
on basis of inaccuracy,failure to uphold CAP codes …(1)
…(2) & here’s previous ASA rulings on liquidated co’s which they’ve ignored
http://t.co/rQ9jFABKHF
The zombies complain and get results so it’s about time we done the same.
Our club run a tight ship and we try our best to keep our history but the cheats are trying to re-write history and keep theirs so let’s all complain regarding ASA inaccuracies and failing to uphold CAP codes …(2) & here’s previous ASA rulings on liquidated co’s which they’ve ignored
http://t.co/ISRfPqSglG
Dharma
are we all lunatics?
No we are Devo
Off oot.
Anybody else think that ole Craigys loss to the Ticket Bus will just add to the woes of the Govan team.
If the MBB has to come up with the cash and it is true that he holds the assets on Ibrox then he may have to sell up.
Proving ownership of Ibrox will eventually go to court. Their whole structure is built on the value of Ibrox so without that their company value will fall.
Even if this is only during court proceedings it will damage them.
What other assets do they have.
hen1rik
Thought this bit was very interesting from that link.
A company (X) might have bought an existing or liquidated company (Y). It is likely that X wants to adopt Y’s brand heritage by continuing to advertise Y’s business name as a trading style and referring to Y’s trading history. That approach is likely to be acceptable provided the purchasing business (X) can demonstrate that it has assumed the liabilities of Y, by paying Y’s debts, for example, and honouring Y’s guarantees. In 2008, two complainants questioned the claim “10,000 satisfied customers can’t be wrong” because they believed the company had been trading only for a year or so. The ASA adjudicated that, because it was unable to show it had taken on the debts and liabilities of the previous company, the advertiser was unfairly trading on the reputation and trading history of an earlier incarnation of the same company (Minster Windows Ltd, 16 January 2008).
Taking on the debt , oh dear.
NatKnow
Yer right but my speciality is aircraft of World War 2 no cheeses of the world
But yes a roquefort would almost certainly produce a different result in roasted v toasted terms than say a Seriously Strong red cheddar if both exposed to the same heat.
Clink\o/ 12:26 on 18 December, 201
“What other assets do they have.”
Can you put a price on dignity?
hen1rik
12:00 on 18 December, 2013
the same club?
——————————————
keep up the good fight mate
never let them forget
why did they not play in europe when they finish in 2nd place ?
the club earned all the honours ,so why could they not collect the prize money ?
if club and company are seperate
it was not the holding company that entered the cometition
how many other clubs coming in 2nd place are relegated to division 4
corrupt to the core
jam67
From ASA Adjudication:
The Rangers Football Club Ltd (Newco) explained that The Rangers Football Club Plc (Oldco), which previously owned and operated Rangers Football Club (RFC), went into administration on 14 February 2012 and that, in order to preserve RFC after a Creditors Voluntary Arrangement failed, its business and assets were purchased by another corporate entity, which was now known as the Rangers Football Club Ltd and that, therefore, the same Club was now owned and operated by themselves.
Now, correct me if I’m wrong but it’s my understanding that The Rangers Football Club Plc (Oldco) and Rangers Football Club (RFC) stated above were one and the same entity which makes the above statement nonsensical.
Also,
‘Its business and assets were purchased by another corporate entity’ strikes me as a touch disingenuous to the business creditors and the millions of pounds owed to them.
…a price on dignity, is it?
based on previous sales…….a quid.
new article posted.
Any fule kno that a mark XVI is a Packard built Merlin engined mark IX Spitfire
Wartime Griffon engined Spitfires were mark XIIs or XIVs.
DBBIA/AsbergersCSC