Quote Originally Posted by islaydarkblue View Post
The Bank of Scotland top management allowed the Marrs to keep spending money employing new players on lavish salaries when Dundee Football Club’s annual income was totally insufficient to pay these salaries.
From memory Dundee Football Club were due Bank of Scotland £22 million when they were forced to call in the administrators in 2003.
Yes BOS lent the Marrs the money but admin was down to the Marrs. They ran the business and they were reckless on how the borrowed money was spent etc culminating in being unable to pay back the money borrowed. By your logic any business that goes into admin is the banks fault if said business borrowed money from the bank. Yes the bank should have been more responsible on the amount they lent to the Marrs but the bank was not responsible for the admin, bad business decisions both on and off the park was the cause.