Mock Cuncher
Posts : 5189 Join date : 2011-05-12 Age : 103 Location : Kingsbridge Castles
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Sir Francis Drake
Posts : 7461 Join date : 2011-12-03 Age : 33 Location : Nr Panama
| Subject: Re: Are Argyle ready ? Thu Feb 27, 2014 10:24 am | |
| - Winter Green wrote:
- Sir Francis Drake wrote:
Quite simply we were cheating when we committed to contracts with players like BWP that we were ultimately unable to support and the fact that we still have a club, of sorts, to support means that we got away with it. Woah there Frankie boy. What's with the "we". The failed private business known as PAFC was owned and run by a bunch of gambling businessmen, not us fans, so less of the guilt trip and less of the "we". These businessmen took no notice of us when they closed the Mayflower, so let's not invent the myth that they ran up huge debts due to pressure from the fans. That's the sort of tripe that Brent came up with, insinuating fans have no care for playing fairly.
And in any case, if the above is "cheating", then I would suggest 80% of Western governments of all hues are "cheating", and one might say half the mortgaged people in this country are "cheating" when buying their house. Argyle went belly up with debts only roughly 3 times their annual income. The problem lies with Limited company law that allows such leverage without the owners' money actually being capitalised properly, and hence vulnerable. It is that matter that encourages such reckless behaviour. By "we" I meant us as a football club. I was never one of those who felt that an "Argyle" had to be saved at all costs. I would quite happily have supported the AFC Argyle route and started again as low down the pyramid as was necessary. By doing so "we" would have sloughed away the dead skin of debt that has continued to enrobe us since we exited administration. The horrors of the past would not have been "ours" and responsibility for previous mismanagement would rest firmly where it deserves to. It could have been done as Newport and Wimbledon have shown us. But that is not the case and that is not what happened. Those responsible for the carnage that engulfed "us" have walked away scot-free, minus a small speculative investment loss, and "we" are left to pick up the pieces. Of course with Wrathall's vaunted return we are now well and truly through the rabbit hole and out of the other side. |
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