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Kinnear said: “This window again, I think we will spend more than most of our competitors, the owners are very keen to back us,” That was patently not the case in the summer transfer window.
Either Kinnear went out and lied to various media outlets in his interviews on 18th August (unlikely), or he doesn’t understand the club’s financials (impossible), or TFG’s position changed in the 2 weeks before the window closed (probable).
The club took a “sell to buy” approach in those final 14 days and would not even commit to completing transfers in until sales had gone through. There is no other explanation why the club were willing to accept an initial fee of £60 million for Ndiaye, £15-20 million below his market value despite 3 years being left on his contract. Nor why they were willing to accept a £40 million bid for Armstrong when we are meant to be building the squad strength.
Why? Well either we have truly incompetent management, which on the face of it is very possible, or the management we have were following Friedkin strategy ( sell before buy), spend effectively neutral, and in so doing they truly screwed up in the last days of window.
Take your choice, I think it’s the latter, hence no fall guys for the fiasco.
Friedkin could have invested further but didn’t put up the cash.
It’s short sighted because investment on pitch is ultimately the real revenue generator.
Success, on pitch, breeds success off it.
Secondly, I cannot stand Spurs, or Chelsea and always relish them getting beaten. Hope Moyes uses the thin squad wisely, and doesn’t leave subs too late as per previous matches !
We can Win this !
Cash is what keeps companies going. Companies do not go out of business because they are making losses. Making losses mean you run out of cash quicker.
Managing the cash is the challenge. Not having the money in the bank to pay HMRC is one of the quickest ways to get a winding up order. So forget about amortisation – do we have the money in the bank to pay the fees.
You always seem to defend TFG saying they have a plan based over a couple of years yet in your last post you say nobody knows what the friedkin’s plans are. So seeing you believe they are the right owners for our club, can you explain why they have never visited the stadium, and even more worrying is they have never spoken to the manager or the fans.. Yet they seem to be able to make numerous visits to Roma.
Their appointed CEO did a few interviews stating judge us when the window closes, he also said they would have liked to have got players in for pre season but it was more important they get the right players in.. He said we would have a new right back but does anybody really believe their target was Maitland Niles. They tried to sell Armstrong against the managers wishes and it was only because the press broke the story before the Bournemouth game that allowed the lifeblood of this club the fans told them exactly what they thought of that.
Despite our CEO stating in his interviews that the club was in a far healthier position than it had been for a long time, so why sell before bringing in replacements.
So the conclusion by the overwhelming majority of our fans is we don't hear from our owners and their mouthpiece is either a liar or hasnt a clue whats happening at the club.I think the trust from our fans in Friedkin or Kinnear is rock bottom and will need them to do a lot of work to repair that damage. . I would suggest that if Friedkin and his Son are playing in the Dunhill golf competition which they have played in for the last couple of years, which is in e[late September early October in Scotland. Then Friedkin gets into his private jet and comes and visits the stadium and speaks to his manager and the fans. I don't think that is to much to ask and if he doesnt it will tell us what his commitment is to the club.