
Originally Posted by
Arblasterfromthepast
I've been saying this for a couple of years now. I believe that we have not yet seen how Parekh would like to run the club or what sort of job he would make of running the club. That's because we still have Lee and Conway as show shareholders in the club. Unfortunately, Lee and Conway do not appear to wish to sell their shares or Parekh is not prepared to pay the price that Lee and Conway are asking for their shares. This possibly results in the hiatus (Mexican stand off) that we're currently seeing which we call ‘summats not reight darn theer’. Don't forget that Parekh was the one that brought the ownership issues to the attention of the EFL. I'm guessing that he did this partly in the hope that Lee and Conway would receive harsher punishment from the EFL which may have resulted in Parekh being in a better negotiating position to buy Lee and Conway's shares.
As I've said before, I do not believe that Parekh will invest his own money until Lee and Conway are out of the business. For example, if Parekh invested a few millions on a mission to get us to the premier league then Lee and Conway would benefit from his investment in terms of the increased valuation of the club. First of all, I don’t think that Parekh would want to see Lee and Conway benefit in any way, shape or form and secondly, it would then cost Parekh a large amount of money to buy Lee and Conway out of the club due to the club’s increased value. On the other side, Lee and Conway appear to be willing to sit this one out until Parekh pays them their valuation of the club. Also, Parekh would not wish to invest such a large amount of money when he didn't have full control of his investment.
I therefore see this stand off as being responsible for the current hiatus that we have at the club and the reason why there is a lack of investment. I am not saying that Parekh is the right owner for the club but I am saying that we have currently not seen the right conditions, in terms of ownership, to be able to judge Parekh as an owner of the club ( and yes there are mistakes that have been in the last few seasons but we can’t put these solely at the door of Parekh SB ). It could be that Parekh turns out to be a great owner or be the worst one that we've ever had, who knows. He may have personal wealth, or it could all be a smokescreen. But I believe that we will not see Parekh’s true intentions if, or until, Lee and Conway leave the club.
Time will tell, but currently Parekh’s strategy of forcing more share issues appears to be the only one that he has available now that the EFL have ruled so I don’t think that we’ll get any sudden improvement and we’ll end up waiting for a slice of luck to come along as Animal has alluded to. Who knows what form that luck will take; new signings, new owners.....
Just my opinion.