- Jul 9, 2007
- 12,780
- 13,817
Yeh, but you can't really do that anymore. Because investment needs to be somehow chained to profits. Some people think ffp is a joke, but actually if you look how clubs are run now days you realise it isn't. Clubs which have invested more than their profits, have been punished. Now some would say just take the hit early doors and then build up, but it's not like it was. If you are rich you can spend on infrastructure and you can invest up to the limits in the squad, but you can't do a chelsea anymore, not in the same way.Buying Newcastle for £300m and spending £500m on the squad would still br much, much cheaper than buying us.
Right now, we have room to grow and we have the ability to invest deeply in a squad. This is somewhat attractive, but the reality is we are more likely to be bought, by someone like the galziers, who use the club for it's yearly profits, or, like lots of other clubs, to try and use it to gain political capital and recognition so people can ignore how dodgy you actually are.
Now I am in the camp of 'better the devil you know', ENIC is not perfect but at least we are not going to do a Milan, or even a Newcastle for that matter. I'm not scared about a Newcastle deal, very few rich investors have got much out of clubs since FFP.