Olé Posted January 27, 2010 Report Share Posted January 27, 2010 Didn't take long for the 6-0 bubble to burst. This was Peter Risdale on the 6th January: We will be bringing in new players this month, I can guarantee that. I would go so far as to say that come January 31, we will be holding a press conference to parade the players we have brought in during the month. This is a paraphrased club statement TODAY from a few hours ago: The move to the new stadium ultimately incurred costs that we had not anticipated and whilst the long term health of the Club is stronger than it has ever been we have suffered some short term cash flow problems. In an attempt to negate these issues we sought new investment and during the autumn of 2009 commitments were given regarding investment which if they had been delivered would have solved our cash issues. To date these commitments have not been fulfilled so we have had to resort to other avenues of fund raising. We are currently in the process of raising funds from the sale of assets, which with other cash, will help to secure our future. It gets better, that whole buy a season ticket and we'll buy players lark: With regard to the season ticket offer pre Christmas, this offer to reimburse the ticket price if promoted this season remains a strong one. Nevertheless we had anticipated that if we launched these tickets early and had received new investment pre Christmas or in January this year as promised, we would have been able to invest in new players in the January transfer window. In the absence of the new investment this will not be possible. We have to ensure that other overheads and financial issues are properly addressed. That'll bring the supporters back down to earth, Risdale has just conned them out of more cash. Link to comment Share on other sites More sharing options...
cityhead Posted January 27, 2010 Report Share Posted January 27, 2010 The next Crystal palace? Link to comment Share on other sites More sharing options...
The Casual Connoisseur Posted January 27, 2010 Report Share Posted January 27, 2010 They are livid over here, what a beautiful day. Dave jones hinted that unless cash was made available he was off, that was in July 09! Link to comment Share on other sites More sharing options...
Philip Belgrave Posted January 27, 2010 Report Share Posted January 27, 2010 It makes you realize how fortunate we are in having Steve Lansdown in the chair. (Mind you- a success or two on the field would save me a lot of humiliation at the office !) Link to comment Share on other sites More sharing options...
milo1111 Posted January 27, 2010 Report Share Posted January 27, 2010 to be fair they didnt look like they needed any players based on last nights showing. risdale will ruin them in the end. even if tehy go up he'll spend to much at it will end in tears. Link to comment Share on other sites More sharing options...
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