[Redraine]

Originally Posted by Exile on Spencer St

I don't know how much money Eric Whalley has put into to the club, or how much he has taken out. It would seem, given the time it's taking to sort this question out, few people, if any, actually know for sure.
But the idea that he expects to get his money back seems to me to verging on the delusional.
Stanley may be 'famous' but not as a Premiership corporation. Like it or not, we're famous for going bust. We are talking about a club that is trying to survive in a business gone mad with greed on average home gates of 1,750. A club that is so financially precarious that a few cancelled home games could tip it over the edge.
Just how does he expect to get his money back from that?
It's like fans expecting to get back the price of admission if things don;t go well at the end of the season. They 'invest' in the club too.
Whalley's return on his investment has been to see the club rise from the ashes and back into the league. For which we are all grateful. Did he really buy into Stanley expecting to get a return as if he was investing in the Footsie 100?
But by now appearing to have such unrealistic expectations (Man Buys Accie Stanley as Sound Financial Investment Shock!) he is fast losing the respect he might otherwise have deserved for helping to get the club back to where we all believe it belongs.
One of the dangers of the current boardroom stalemate, which I've long feared, is that it may only be resolved by the club going into administration, in order that a fresh start could be made. I really hope it won't come to that but, in business as in life, there's none so blind as those who will not see.

Excellent post.
Whalley doesn't seem to care that he is pushing the club towards oblivion. If he had a shred of decency in him, he would just walk away with a nominal fee for his shares.