26-05-2020, 16:21
I don't see what difference that makes to be honest. Our £8 million debt has made our financial results an illusion for years. The virus does however give owners like Mr Allen an excuse to pull the plug. Rolls Royce has used the virus as a pretext to carry out the rationalisation it has been looking to make for years.
I doubt Mr Allen wants to lose £8 Million, but if he is never likely to get it back, it is a painful expense which might even grow. If he really has around £35 million then peace of mind in his declining years might be cheap at the price.
Huddersfield's bloke says he thinks 60 clubs could go the wall. The only reason for us not going to the wall would be Mr Allen. But men who've made millions don't tend to keep throwing good money after bad.
I doubt Mr Allen wants to lose £8 Million, but if he is never likely to get it back, it is a painful expense which might even grow. If he really has around £35 million then peace of mind in his declining years might be cheap at the price.
Huddersfield's bloke says he thinks 60 clubs could go the wall. The only reason for us not going to the wall would be Mr Allen. But men who've made millions don't tend to keep throwing good money after bad.