Originally Posted by
waalsendmick
Hall and shepherd had less debt, WITHOUT raking in £100m telly money.
Look at all the players bought by Hall, they were ALL sold at a profit or money back. By the time the shares were distributed only £15m had been spent nett.
That was on ALAN SHEARER!!!! Worth every penny.
As kev said, the debt that followed was a mortgage, a mortgage well used as it expanded the ground from 36,500 to 52,300.
We have stagnated and moved backwards ever since.
No need to research the 5 points.
If you have lived through both regimes, you would be a fool to prefer what happens now in comparison to what happened then.
Disclaimer - my answer has been fuelled by several bottles of beer.