Wildthing wrote:
Yes, a reasonable amount of money too IIRC.
If I remember correctly the monies from matchday catering were surrendered to some guy whose name escapes me in return for the prefab 'shop' in the car park. Turned out the guy was raking money out of us whilst the second's hand and portable building that he owned cost nothing like that much. He basically lent us something he owned and we handed over a top revenue source.
Probably more to it than that but that was roughly it, I think.
I've said it before Ted was not as bad as some make out, in fact, he saved the club when nobody else was interested, Please don't pretend they were because they weren't, it was all emotion and hot air.
However, Ted was in all respects a well to do market trader and his inabilities to run a more corporate club became exposed as the game moved on. He and his family simply didn't have the expertise to run the club in a modern way and this is a perfect example. Potential revenue streams became lost or grossly undervalued and in the end, we simply couldn't fund ourselves,
I really have a soft spot for Ted as people know, he wasn't a bad lad in his way. However, under the new regimes, you can clearly see where it was going wrong. There is nothing overly special about MC and the rest other than their apparent honesty and professionalism. He's just a proper and decent CEO used to running larger type businesses who just employs modern methods. Food/hospitality will have been one of the first things he would have looked at, I'd have liked to have seen his face.
PS: The best example is the Stadium. Under Ted and Sir Toad it would all have been done on drink-fuelled matey meetings with lots of funny handshakes and then right at the very end somebody would have realised that nothing was signed and nobody was accountable and well you know the rest. I may be being a bit unfair but you get the idea.
