Subsidising home gates of 10-12,000
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If we hadn't have sold the players, Hemmings would have found the money. We now make money on the playing side, and Hemmings thinks it's an excuse to stop his contributions.
Subsidising home gates of 10-12,000
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Back to league 1 possibly right after 50+ years of supporting PNE that would be me finished with football! Money/greed is ruining the beautiful game it is no longer a competitive league?
If we hadn't have sold the players, Hemmings would have found the money. We now make money on the playing side, and Hemmings thinks it's an excuse to stop his contributions.
At least we've got electronic advertising boards though eh
He has a strange thought process the owner.
Even Billy Bodin was our second choice in Jan. We bid for Josh Windass and got told 1M and he was ours.
The owner was having absolutely none of it - he then ends up moving to Wigan for 2.5M six months later. Would you believe it.
As opposed to unsustainable spending that would guarantee nothing other that spiraling debt? We went briefly went down that route circa 2007-2009. Remember how that turned out?
I've always sided with Hemmings and appreciated his contributions during some of our lowest points... however that view is starting to turn somewhat the other way when I think about what he's actually done for us. He bought a load of shares for 5p (bargain when you consider it really), is using our brand name to build a load of houses which he'll profit on, a training ground which will increase the value of the club for when he sells it and milking it in with transfer fees, and not changing our wage/transfer structure that much from our time in the division below.
He's got a great deal at the minute with our scouting network and of course as an owner, you want to make money but now I feel like he's got us right where he wants us... thinking that without him we'd go under etc. and although this may have been the case 8 years ago, I believe that we'd be fine under any owner at the minute and he has PR very much to thank for that. Not saying in football it can't turn on its head quickly, so I'm not going to be fickle and say we'd be better off without him because you never know what's around the corner, and I'm sure he'd bail us out again if we did get to that stage so he's very much chalk and cheese for me in that he's great when we're bad and bad when we're great.
Whilst he wasn't in full control then, he was still obviously calling all the shots and is probably still stung by it.
I think the lesson to be learned there was not to spend so reactively, but to be proactive. Personally I feel that the owner's fear of relegation is probably greater than his desire for promotion, hence why we saw that sudden spending spree when things were not going so well, but only a year or two prior to that, next to nothing was spent when it looked like we were on the brink of going up. Even when Nugent got injured he was not replaced properly. Spending money reactively at short notice usually doesn't work, as we saw in that period.
This is what I find so frustrating now. It seems that history is repeating itself with this and the lessons haven't been learned. We were in a solid position after the end of last season, decent young squad, good young manager, a 7th placed finish, and some extra cash in the bank to push the boat out a bit on some extra quality. Unfortunately we have failed to be proactive and haven't really invested sufficiently in our forward line. A physical striker is yet to be signed after Hugill's departure.
As a result, here we are now going into the last week of the loan window having failed to score from open play in 5 games and looking desperate for striker. This type of reactive purchasing out of desperation doesn't always lead to wise investment, as we saw from 2007-2009, and as we've seen in recent years wasting 800k on Stevie May and 500k on Vermijl as deadline day purchases.
I do think something needs to happen next week but it's still far from ideal. With the money raised in sales I just think if the purse strings had been loosened a bit earlier we could've seen wiser investments taking place up top, instead we're likely to be in panic purchase mode again, trying to find anyone we can.
Probably the correct answer.
Hemmings probably has his ideal balance sheet in my mind for the end of the season, don't think we will spend a decent sum unless he's confident of re-sale value and the wages fit in with the rest of the squad... slim pickings.
Bottom line we cannot afford to be competitive in this division?
We can be competitive, we've already proved that. We just can't compete with some clubs financially.
Where would that be then? Conference North with Stockport and York or go into admin like Leicester and Bournemouth and established in the Premier League.It's 100% the correct answer.
People moaning about Hemings need to realise where we'd be without him.