Wednesday, 6 May 2009
£301 million in debt - and counting!
301, it has a nice ring to it doesn't it? But is the figure quoted for Bjorgolfur Gudmundsson's personal liabilities genuine, or has somebody just chucked a dart and come up with the bull...shit?
Is it pure coincidence that this is the number you count down from in darts or is it a wonderfully apposite metaphor for the interregnum of the Icelandic ownership? Gudmundsson came to the ocky, chucked a few darts, pissed his fortune up against the wall, then sloped off with his tail beneath his beer belly.
There has been a lively debate on this site about the honesty and competence of BG. If he really is facing personal bankruptcy then, I think, the judgment has to be unfavourable. It appears from the latest stories that the guy is a true merchant banker, in the cockney rhyming slang sense of the term.
Yet, strangely, we do seem to be immune from all this. The noises coming out of the club remain positive and, even in these days of recession, it seems that Straumur see us as an asset worth retaining. So credit to BG and Duxbury there!
Will the bankers twist or stick? Do they understand that to make the best return on the investment, they have to improve the squad? These are interesting times. The fact that Zola and Clarke signed those contracts is very reassuring; and even more reassuring is the fact that the club were in a position to offer the improved contracts in the first place. Companies going to the wall do not generally double the salaries of key workers!
I am hopeful but my fingers are crossed. I've just watched Chelsea's dreams crushed in a split second. It's a funny old game out there on the pitch; add in merchant bankers and there's no telling what might happen - as Boa shows every time he plays!
Anyway, three darts to finish - Liverpool, Everton and Boro. And irrespective of BG's troubles, I'm hoping for ONE HUNDRED AND EIGHTY!
Posted by Hammersfan at 19:06