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 - claim a new, bigger, taxpayer-funded stadium is needed because even sell outs every week couldn't break even with the level expenditure - strip the club of its stadium and make it pay to SH rent at the new super stadium - build hundreds of houses on green belt land next to the new stadium and watch the money roll in.
And I don't buy this 'sustaining his investment' cobblers, by all accounts he was looking to do a runner sooner after the project was to be completed, counting his riches from the rent and money rolling in from the property development. As for WSDL subsidising rent with their profits, even slippery salesman Micky Brooks seemed unconvinced at the presentations, especially when he was asked what would happen if WSDL made a loss...
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
"We will miss his investment" tax dodge wherever you may be,Sat Jun 9 11:20