Quote Adeybull="Adeybull"Clearly nothing, though? You are always a sensible and responsible poster, but are still falling into the trap of making assumptions. Yes indeed about the Sky money being a red herring, but what we were told last night boiled down to:
1 - OK DID put money in - much of it as loans not capital/gift though - but nothing like as much as people thought he had. (And, indeed, if the money was to be fed in in instalments to meet outgoings, then that would maybe not be such a surprise?)
2 - The big hole in the budget is because the budget was a crock of sheeite. Or, more to the point, there were several versions of the budget, depending on who the recipients were. Seems the budgets agreed with the RFL bore no reseamblance to the much larger budgets that individual managers we given and working to. Or to the budgets that the new board were given. THAT, and a raft of financial skeletons falling out of the closet, is what left "this big hole in the budget". Pretty well the way it was explained last night, anyway.
Moore said OK started with zero, and left it with minus £1.2m.
Having had access to one of the editions of the budget at one point, what I am able to say is that I have no reason to doubt anything we were told about the finances.'"
I take Moore's point but OK didn't start with zero, he started with a responsibility to put a SL team on the park for people to watch with no sponsorship, no lease on the ground, 50% Sky money and an understanding that even with full Sky money the previous board were losing 100k a month. That's a little bit different. Actually he started with a massive minus.
On the budgets I haven't seen them but have you ever met a new board who came out said the business they are taking over was well run? I haven't and Gerry Sutcliffe said the exact same thing in his office just after the take over.
My point is hold off on the rush to condemn OK. You know I think the actions of the Hood/RFL in the year before admin made matters much worse than necessary and I think both Guilfoyle and Sadler said different groups pulled out when they saw the books.
In short, OK is a restauranteur without any grounding in RL who didn't have to elbow anyone out of the way to buy a basket case. It looks like he failed and but the idea he and Sutcliffe left a situ worse than they found it sounds nonsense.
