Feel sorry for them in that case, all that hard work getting promoted to go straight back down without a fight. All seems kinda pointless.
Not kept too close an eye on Hull recently (owner just winds me up) but with Parachute payments last season and the new tv money due in from August they shouldn't be that badly off. The owner must put a few managers off though, and doesn't look keen to splash any cash before/if he goes. Hull fans must want the club sold so badly now. Good managers are harder to find, and as in demand, as 20 goal a season strikers or pacy centre backs these days.
Apparently SB told the owner that he needed 4,5 additions to be competitive.......then was told there was no/little money available, got to feel sorry for the Hull fans.
The money doesn't come up front on promotion. Admittedly we were financing a new training ground, but Cortese had to arrange a loan to cover promotion. I understand the double promotion cost Saints quite a bit in bonuses. That loan (I believe) was one of the things that raised concerns with Katharina....she cleared it with her own money when she came in. However, not being able to raise some money for a manager in the EPL would make me worried about Hull's financial position.
Ah I know the money doesn't just magically appear as soon as you get promoted, but they have some big players at Hull , Huddlestone etc must be on fairly high wages, so either they have money and the chairman just won't spend it or they're financially ****ed.
The local Hull journos have been saying their budget is £18m which isn't enough to get the 5/6 required players in
In true old school Saints fan style, I'm thinking "well at least that's one of the relegation places gone".
Anyone that was complaining about the new kit release being contrived should take a look at the man utd kit launch.
Yes, that kind of confused me at the time because Markus Liebherr had famously said that this club will never need to go to the bank. And Cortese's message was that a club which spends money that it is yet to earn is taking much too big a financial risk. Then again, he'd always had Markus as the financial backer who wrote off any debt in some form or another. Between Markus Liebherr's death and Saints promotion, the in-house rules had obviously changed, so Cortese had to get a bank loan in, because the jump from Championship to Premier League was so great for a club that had come from League One in so short a time. Hull's regrettable position is that the owner is quite ill and he has passed over financial responsibilities to his son. Only there appears to be a limitation in the son's allowed control and ability to spend the required money. I suspect they may find out about the PL the hard way.
http://www.dailymail.co.uk/sport/fo...-11-following-Zlatan-Ibrahimovic-arrival.html Martial not happy to lose the number 9 shirt to Ibrahimovic as he launches AM9 brand. Oooops.
Should have spoke to him to defuse the situation. Shows a lack of respect. Saints should nip in with a £5M bid.
Perhaps hes running the club as a yo yo? No investment in PL, straight back down, retain team on wages, pocket most of parachute payments and invest just enough to come back up and get more parachute next year.