I have been down to God's City for the week-end, to visit my daughter.
Whilst there I purchased the 'Pink' this morning before my return journey to Norfolk. There were letters from fans for and against Rupurt Lowe/Michael Wilde and those against.
The main theme of those against was that the pair are only trying to return to protect their shares and keep them high. WELL, what fool would not want to protect one's investment??.
What these supporters forget is that Rupert Lowe has only about 6% of the shares, however, he has the 'rights' to approx. 28%. The other 22% are owned by shareholders who have put their faith in Rupert to protect their investment. Now I also own shares, o'k a very small amount, but I'll rather have Rupert looking after my investment financially than the lot in control now. As I have stated before, the Balance Sheet was always healthy, whilst Rupert was in control. We could have had a financial disaster on our hands when we were relegated, but he had clauses within the players contracts which other teams did not.
Also, there were letters about we want a 'Billionaire' to take us over, well I can tell these supporters that even money men look for a healthy Balance Sheet before they put their money into a business.
When the club became a PLC. Lawie McMenemy became a 'Millionaire' by selling his shares, how much money has he put back into the club--NONE!!! Yet he made a statement about the the Management of the club over the last ten years, being bad and not investing their money???? beggers believe in my mind.