Club Takeover/Investment

[Jürgen Krapp]

Just want to share this extract from Preston North End: The Seventies by Edward Skinsley

The PNE Board meeting minutes of February 26th 1967 are significant, recording the following stated aims and future direction of the board after effectively having their fingers burned over the transfers of Wilson and Kendall. “It was generally agreed that the acquisition of higher priced players would present too many problems for a club of our standing.” As a consequence, for the next 27 years emerging talent would be moved on early to catch a yield and replaced by players ‘who had been around the block.’ The North End spiral of decline had been set in motion.

We've learnt nothing in nearly 60 years

 

[Brianbarrymurphy]

I haven’t been on this thread in ages, it doesn’t show for me some times. Genuine question for anyone that truly has information, is the takeover still on? @JK i know you’ve had a few bits of info regarding it over time, is there still positive noises?

 

[Jack Daniels]

He seriously must now be thinking about withdrawing or asking for a massive reduction in price. He's now recruiting a League One club in waiting.

Plus there is a drop of around £8.5m in TV Money through dropping into L1.

This is going to be a very expensive season of their own inept making for The Family.

I hope Zedan / A N. Other has them tightly by their balls.