Late to the party on this, just catching up on the meeting last night, the loans etc.
There is so much that doesn't add up really... to those who have run businesses before, they will know that cashflow is the absolute key. You could have the most profitable product in the world, but a negative cashflow will bring that business down very quickly.
But this isn't just about cashflow.
I think that the communication between RM and TL + the management team is very good. Tom says he speaks to RM daily, or most days. He has been through similar stuff before elsewhere. He knew what he was getting into.
KM says we don't need to sell players in January, and if we are out of the embargo, we may even add to the squad.
Does anyone not think it highly co-incidental that Blondy was brought in as a sub keeper just before we went into an embargo?
With the analysis that TL will have done and the daily conversations with RM, I am willing to bet that this was almost planned. They knew the cashflow situation and got their ducks in a row squad wise so that we didn't need to get anyone in. After all, if you don't need anyone, it doesn't matter if you are under an embargo or not.
Stan's recent statement told us to trust the management team. I am sure they all have much more acute knowledge of the situation than we do and are well aware of all the pitfalls. And they are still here. I absolutely trust them.
I have maintained for some time that whilst Ron probably hasn't got tons of money, he has got access to it if necessary. I'd not considered this before, but I wonder if he already has got backers or investors behind the scenes? After all, he certainly hasn't got much himself and there doesn't appear to be a huge amount of panic coming from Ron Towers, does there? Especially if we don't need to sell players. You'd have thought that the whole bloody squad would be up for sale if we were as skint as many seem to think we are.
Maybe the backers are the ones pulling the strings. In any event, we know that - whilst to a degree the clubs interests and Ron's are aligned in as much as that he needs us as much as we need him, otherwise he won't collect the BIG prize - Ron is quite prepared for the club to drop a division or two, as long as it stays out of administration, which would see the end to his pipedream as all he would then collect on would be a payment of a few pence in the pound for all the monies owed on the books. A hedge, a bit of insurance, the biggest creditor... but a pittance compared to the property deals.
So panic throughout the supporters groups has set in (a bit). TL, KM, Benno and Currie have been as honest and transparent as they can be in an attempt to settle the nerves. The club have got a bit of an additional lifeline with the two loans to the club. By the way, I know most will understand this, but when you lend money, you can't stipulate with any certainty what it is used for; it will just go into the money pit that is Roots Hall and will keep us ticking over until the next time. And Ron will pay it back, probably, a month or two late maybe.
But for all the panic and shouting by the fans, the actions and behaviours of the management don't align. And I'm not aiming criticism at anyone here, just for the avoidance of doubt. They all have a job to do, and are doing it extremely well, especially considering the situation.
Something just tells me it will all be fine; we'll sail close to the wind, but we won't go bust, we won't go into administration, we won't sell our best players and FF will keep on rumbling on.
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