O/T:- Morecambe

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Originally Posted by irish_pie

Such a shame if they go to the wall like Bury and the rest, performing wonders at a level they have no right to be in...we all know what it's like to almost loose your club so let's hope they can get bailed out

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And that's the point, isn't it? They have no right to be there because they are spending money they don't have or can sustain.

Notts have been just as guilty in the past

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Originally Posted by irishpete

Don't know how they got to be 25m in debt. Their highest paid player now earns less than 2k pw.
Hopefully someone local with a bit of clout will buy them, as I don't see how they would appeal to somebody outside Morecambe unless a footy fanatic.

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It’s what asset strippers do (sorry.. asset management Co.)…. they move other peoples money around, set up new companies, transfer assets, indebt them and hey presto… £25m in “their” bank account.

Same pattern… over and over again.

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Originally Posted by Carlton_Pie

And that's the point, isn't it? They have no right to be there because they are spending money they don't have or can sustain.

Notts have been just as guilty in the past

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You do have a point dude its just sad to see it happening to them, if it was let's say Man City or Liverpool I couldn't care less :)

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Originally Posted by irishpete

Don't know how they got to be 25m in debt. Their highest paid player now earns less than 2k pw.
Hopefully someone local with a bit of clout will buy them, as I don't see how they would appeal to somebody outside Morecambe unless a footy fanatic.

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Tyson Fury lives there maybe he could help ?

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Originally Posted by countygump

They would be Wise to take all the right steps to accomplish that, but not necessarily in the right order.

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Old_pie said as much in that post what he wrote.

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Originally Posted by lunaspie

Old_pie said as much in that post what he wrote.

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I think he meant to say:

"order the not right but in necessarily."

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Originally Posted by irishpete

Don't know how they got to be 25m in debt. Their highest paid player now earns less than 2k pw.
Hopefully someone local with a bit of clout will buy them, as I don't see how they would appeal to somebody outside Morecambe unless a footy fanatic.

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Don't they have a new stadium? Or was new a few years ago

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Originally Posted by legs77

Tyson Fury lives there maybe he could help ?

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He'd invest, then he wouldn't invest. Then he'd go on twitter and pledge millions and then he'd do a TikTok with an unfeasible deadline before officially retiring for football ownership.

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Originally Posted by OP67

£25m in debt, I rest my case.

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Weren't we 28 million plus in debt when the Trews took over...finding hidden debt.?

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Originally Posted by PedroTheFisherman66

Weren't we 28 million plus in debt when the Trews took over...finding hidden debt.?

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I remember 7 mill. Which no doubt steadily increased in the Trew years?



''Trew found £7 million worth of debt, even with Eriksson writing off much of what he was owed, alongside what were described as “unusual” payments on the books totalling almost £200,000, many going to Bahrain. And the mess is still being cleaned up''.



https://thesefootballtimes.co/2016/0...eover-of-2009/