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Are we off the "critical list" financially?


SaintBobby
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The fact that there were no departures in the transfer window - despite apparently receiving offers for Surman, Lallana and Davis - leads me to believe we are no longer teetering on the brink of financial meltdown.

 

If administration was looming large, we surely would have accepted offers for players, even "undervalued" offers. The bank woudl almost certainly have insisted that we do so.

 

Although attendances have fallen badly this year, our wage bill has been slashed even more dramatically (Safri, Viafara, Rasiak, John, Davies, Lundekvam and numerous others are off the wage bill).

 

Things are obviously precarious still - and relegation would be a massive financial blow.

 

But I don't think we are any longer on the very edge of the financial precipice.

 

As an aside, the poster who started the thread saying an absolutely reliable source has informed him we're going into administration this week, has so far failed to take me up on my £100 bet that we won't.

 

I'm wondering whether the mods should positively encourage those posting rumours to "shout the odds" - although it may fall foul of gambling laws. But it would be a good way of splitting genuine info from fantasy. Someone who says "I've heard X from a very reliable source" should be able to add "so, I'm 90%+ sure it's true and will accept bets at 9-1 from those who think the opposite"

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