The article that follows was posted via the comments section. I am not the author but considered it so passionate, well written, and worthy of consideration that I have carried it as a main article. I will gladly accredit the author if he supplies his name.
Portsmouth have raised almost £100m in player sales in the last 20 months, could West Ham have done that (even owning and selling off their own stadium and training ground) and yet still Pompey has 70 million pounds in outstanding unpaid debts! Our situation is far worse; I don’t think too many understand the gravity of the West Ham predicament, Doomsday would be an understatement (Gold called it Armageddon if we are relegated, he did not mean that lightly) and we are still not out of it, not by any means, in fact we are still deeply in the mire; very, very deeply in it, up to our necks.
If Gollivan had not ‘saved’ us, our final demise would have been the same as Pompey’s & just as swift, make no mistake about that. The take-over has softened the devastating impact of the situation we ARE still in and we all have very short memories. I’ve seen some West Ham fans on the blogs even talking about a European place this, yes THIS season. We are not talking thousands here, we are talking millions, untold unobtainable millions; in this day of telephone number figures for money surrounding football clubs (particularly Premiership clubs) it is hard to envisage what those sums actually mean.
Some people find it hard to understand the concept of evolution and refuse to believe in Darwin’s theory of the origin of the present day species because they are not able to grasp in any way shape or form what happens to this planet and its flora & fauna over periods of millions of years, it is not possible for the human mind to comprehend such fantastic periods of time. The concept of understanding how great these sums of money really are is a simile to that inconceivable timespan.
West Ham were/are almost 111 million pounds in debt and were/are in hock up to their eyeballs (still very much the case) and sales of players in January were inevitable to raise cash just to keep the club afloat, yes just to keep trading as a business and not becoming the first premiership club to go into administration.
Gollivan only own 50% of the club and a bunch of creditors still own the other half. So extremely desperate are Gollivan to raise funds they were even prepared to grovel to Curbishley and ask him to invest his paltry 1.5 million; do you think they would have done that if the situation is still not as grave as it ever was? We were dead and on life support, they were about to turn off the machines that were keeping us alive when someone saw the Gollivan finger twitch just when the doctor had his finger on the off switch, that is how close we came and we are still in a coma that will take years to come out of, we were that close to dying at the ripe old age of 115.
Melodramatic? That’s as maybe but it is much closer to the truth than many West Ham fans are prepared to admit!