Quote:
Originally Posted by Exile on Spencer St
Stanley’s problems are so simple as long as someone else is paying.
Go find a philanthropic Hollywood billionaire and everything will be just hunky dory but, remember, the club was up for sale last year and Andy Holt couldn’t find one.
Over the decade or so Andy Holt has put several MILLIONS of his money into the club and has done more to raise the standards at the club and its infrastructure than anyone.
But, for some in and out of Accrington, that will never be enough. We need more millions. Then some more.
Football is not just about money. In fact it’s not the lack of money that is killing football in economically destroyed towns like Accrington, it’s the presence of excess money in the Premier League that is killing the game at lower levels.
The real conundrum is why should someone be expected to continue to pour millions into a club just to satisfy 1,800 (on a good day) paying fans at home games?
Like so many of Accrington’s “fans”, Andy Holt could just as easily stay at home in his armchair every other Saturday and watch football’s millionaires playing for their global corporations.
Rant over. When are next year’s season tickets available?
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The club was £5m in debt to Holt's other companies last year, and valued as £8m the accounts. The club is worth less than half its debt, no wonder there are no buyers. Coley's is well used but will continue to place planning enforcement issues, the new facility above the changing room area is rarely open and the new Whinney Hill isn't needed for the normal 400 away fans.
Interest is charged on the debt too, only about 3% as of the last accounts but it aint free, and it is clear divestment end game.
Holt backing a German far right today as "common sense".