I know you aren't keen. Under the new scheme for CofE and academy players we can polish and improve a player for 5 years then see him walk for a MAXIMUM of 70k. So a c of e is no longer the potential cash cow it once was.
I would suggest a number of clubs will sadly follow.
Blame the system and blame the premiership if you wish, not the trust and certainly don't think SH might not have come to the same conclusion.
but the Trust rallying the fans behind the club will make WWFC a far more enjoyable place to be around than under the divisive dictatorship Hayes put up. As previous posters have mentioned, Hayes has ... more
responsible for the financial ruination of WWFC, aided and abetted by other certain board members who encouraged his takeover of the club. Remember his promise that he had several wealthy investors... more
but there always was - and that is what is happening now - when we're in a much worse position. Truth is, he didn't WANT a Plan B - because that would probably have meant the end of his tenure. Am... more
couldnt agree more Hayes is/was a businessmen and like all businessmen they need a pet project, once the development plans were quashed the club only ever going one way. The closure of the CofE is... more
Sorry to offer you a fact The Andy Graham Fan Club,Sat Jun 9 06:41
Hayes is complicit in the decision to close the Centre of Excellence, as the joint statement with the Trust clearly states. How did Hayes "save" the club? What did he save it from? I am sure he will... more
The amount of debt we had was enough to put us into administration pre-hayes and we were on the brink of "finanial ruin" then. Hayes only mistake was to take on Wasps as well which even his fortune... more
This is not about the personality of Steve Hayes. how can you say he has not put any money into the club when he is about to write off several million pounds of loan notes My point is that next yr we ... more
Which some people engineer to exploit to their advantage. Putting a business into increased debt can be advantageous to the owner for a number of reasons. You can't therefore always assume that the... more
Called last year on the stadium and his intended payoff fell through. He is writing it off because he has almost financially ruined himself due to his incompetence. Sadly he has almost destroyed both ... more
agree his 5 year plan never worked and the stadium was the only way he could see himself being able to sustain his investmet. His best intentions did not work and we will miss his investment, which... more
It was patently ludicrous to bolster and pay for better off-field facilities in order to "prepare for the Championship". Would you hire a Rolls-Royce mechanic to service your Mini, on the basis that... more
Will we now? Correct me if I'm wrong, but Hayes's investment plan looked something like this: - run up massive unsustainable debts - run up a massive unsustainable wage bill for off-the-field staff - ... more