Senior Lives Matter.
- Nov 21, 2017
Good question. The obvious answer is because ever since since god knows when our expenditure has exceeded our income, often by some distance. In the past this has often been made worse by spending even more money on chasing unrealistic dreams .The question should be asked. Why are we insolvent when so many smaller clubs than us seem to get by.
I'm afraid I can't answer the question for other clubs. I think it has often been mentioned that most smaller clubs are probably insolvent, so it is partly a football problem and not just a Southend one, although that does not excuse our situation.
The first step towards getting over these types of problems is to accept and acknowledge where we are and what we are., and I have a feeling that will be very difficult.