Quote Originally Posted by optipez View Post
All our problems go back to Storrie and his overspending. For me he was worse than Munto, it's taken until these owners to actually get over his disastrous tenure. He sent us into administration, which ended up with the Trust doing their best, who were desperate to sell as we were too skint to pay a solicitor to do due diligence tests on Munto. Ray Trew bought the club, or a huge debt and started his tenure with one arm tied behind his back because of having to finance the debt. He had to sell to Hardy who had less money than him and down we spiralled. Hardy went sh@t or bust when he couldn't afford to service Storries legacy debt and now here we are, four years in non league.
Technically the Storrie/Scardino debt was wiped with admin. Munto was what has caused us the issues we have to this day. I can understand why Trew didn't send us into admin, but I think with the rules, we'd have still gobe up as champions with a pre pack administration and cleared most of the debt. Unfortunately that debt was built upon until now where it's quite eye watering. Thankfully, our owners seem to be balanced and have a plan and strategy but it's mainly Munto.

Interesting fact, we probably never would have gone inti admin in the first place with Scardino had the terrorist attacks of September 11 never happened. GM finance were supposed to be financing stuff when the attacks hit and they pulled out