Interesting article in The Times

[Panda Paws]

http://www.timesonline.co.uk/tol/sport/columnists/rod_liddle/article3022205.ece

Makes reference to our plight ...

[Nemo]

Slight mistake in saying that we are for sale for a pound. That's precisely the problem!

[Panda Paws]

Maybe ... but the interest was in the mulling of the root causes of the cash-strapped lower leagues.

[suttonred]

He's correct it is a pound for purchase plus the debts

[figgis]

absolutely spot on article. its not just swindon who are suffering .howether that should be no excuse for our boards failure.

[Spencer_White]

Coventry - mugs for building a new ground when it wasnt needed.

Luton - trapped by their shit hole ground, wont get any money for the land. Overspent chasing the Prem.

Bournemouth - show how unstable the league really is. Decent attendances, nice ground. Run on a shoe string (but reasonably well run) and still in crisis.

Cardiff - Peter Ridsdale. Enough said.

Swindon - A complete mess for 10 years in terms of off field structure.

[red macca]

Coventry - mugs for building a new ground when it wasnt needed.

Luton - trapped by their shit hole ground, wont get any money for the land. Overspent chasing the Prem.

Bournemouth - show how unstable the league really is. Decent attendances, nice ground. Run on a shoe string (but reasonably well run) and still in crisis.

Cardiff - Peter Ridsdale. Enough said.

Swindon - A complete mess for 10 years in terms of off field structure.

As much as Peter Risdale is a cunt cardiffs problem is from a loan agreement that sam haman grew up .

[NW6Red]

Coventry - mugs for building a new ground when it wasnt needed.

Luton - trapped by their shit hole ground, wont get any money for the land. Overspent chasing the Prem.

Bournemouth - show how unstable the league really is. Decent attendances, nice ground. Run on a shoe string (but reasonably well run) and still in crisis.

Cardiff - Peter Ridsdale. Enough said.

Swindon - A complete mess for 10 years in terms of off field structure.

You're right, most of those clubs are in some way to blame for the state they're in, but the article does highlight the whole problem with football at the moment: the complete obsession in the media (and boardrooms) with the Premier League. And the Premier League is fucking boring - it's the Big Four, and nobody else has got a hope in hell. I can't even be arsed to watch Match of the Day any more.

[Spencer_White]

Coventry - mugs for building a new ground when it wasnt needed.

Luton - trapped by their shit hole ground, wont get any money for the land. Overspent chasing the Prem.

Bournemouth - show how unstable the league really is. Decent attendances, nice ground. Run on a shoe string (but reasonably well run) and still in crisis.

Cardiff - Peter Ridsdale. Enough said.

Swindon - A complete mess for 10 years in terms of off field structure.

As much as Peter Risdale is a cunt cardiffs problem is from a loan agreement that sam haman grew up .

I apologise. Signing Hasselbaink and Robbie Fowler was a financial masterstroke.

[jimbob]

See that billionaire didn't take long to make his mind up about coventry :-

Greek billionaire Alki David has withdrawn his interest in buying Coventry City and claims that the club is "falling apart".
The film maker, with a reported fortune of £4bn, emerged on Monday as a late rival to the club's preferred bid from Ray Ranson's Sisu Capital group.

But on Tuesday, David said: "After looking through the finances and seeing the numbers, the club is falling apart.

"The debt does not tally. Good luck to whoever takes them on."

Coventry chairman Joe Elliott has told BBC Sport the club is on the brink of sealing a takeover deal with Ray Ranson.

 We hope things will have come to a head by Friday

Coventry City chairman Joe Elliot

"We are very, very close to completing the Sisu deal," said Elliot.

Elliot has distanced himself from David's interest and dismissed his claims that he had looked into the club's finances.

"I had a brief conversation with Mr David explaining what the situation with Sisu was and I haven't heard back from him since."

The board announced its intention to take the club into administration on 3 December in the hope it would bring the Sisu deal to completion before then.

The club, which has debts in the region of £38m, has been given until Thursday to prove its solvency or enter administration or incur a 10-point deduction.

If that were to happen, Coventry would drop into the bottom three of the Championship and possibly lose the services of manager Iain Dowie.

Elliot said the board were looking to have the deal done by the end of the week but would not be drawn into what that would mean for the club.

"We hope things will have come to a head by Friday. I'm not prepared to go any further than that," he added.