It’s not always necessary for members of a Board to be loaded with cash, you know? They can bring other things to the table – expertise, vision, a copy of the Radio Times and some chicken sandwiches.
Looking from a generous angle – and presuming for a moment that there is no ulterior motive – it’s a possible scenario that what may have happened with the Chairman is:
He has come in to a very difficult financial situation without truly understanding the scale of it, or realising what a clown’s pie the previous owner had made of the club’s books.
He probably doesn’t have anything like the wealth he has worked to give the impression he had. He has been panicking, feeling the pressure of 3,750 pairs of eyes and lashing out. He’s had too much pride to admit that he has not been paying Peter so that he can pay Paul. Over and over.
He’s assembled a Board as he recognised that he needs digging out of a massive hole. The Board he’s surrounded himself with is assisting with all of the legals, admin and engine-work to scale things right back to meet a level where the club operates by what it can actually generate by itself, plus maybe the occasional ‘top-up’ from him.
This, ultimately, will mean ditching the fight for GP and leave us running as a humble part-time outfit and groundsharing “somewhere”.
