19-05-2024, 01:10 PM in response to #47258
Auntie Merge Wrote: I think what people seem to forget about clubs with financial irregularities, is that the rest of us - 23 other clubs - have been playing within the rules.
We've mostly been paying our tax bills, paying our players on time, not defaulting on our creditors.
Whilst Southend have been cheating. And they haven't just been cheating HMRC, their players and their creditors they've been cheating 23 other clubs who play in the same division. They can moan about having a bad owner and the sale not having gone through; I think most clubs in this division know what that feels like. But we've also seen many other clubs get relegated or liquidated for far less.
I don't want Southend to go bust but relegation by a division or two, until they get their house in order, could be a good thing.
Woking lost over a million pounds to finish 17th, is that playing within the rules?
I suppose so for as long as there's a group fools prepared to write the cheques, but the finances amongst pretty much all NL clubs are so bonkers very few can take the highground.