• Middlesbrough Message Board

  • kht20 kht20 Sep 5, 2008 19:31 Flag

    Boro Not Chasing Foreign Cash

    So says Keith Lamb. That's a shame because I just found some euros down the back of the sofa, and he would have been welcome to them.
    Seriously, how long can a set up like Boro, without a board, relying on the benevolence almost of one man, survive as one by one Premier League teams get picked off by Sheiks, Olegarcs and Texans, oh and I forgot, Sports Goods Market Traders. I am sure Steve Gibson has the relevant 'insurance' in place should anything (God forbid) happen to him, but Boro are not a rich club and if it was down to just crowd revenue and off the field sales it would struggle.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • All these clubs with "big investment" behind them are hundreds of Millions in debt.
      When an investor buys a club he buys an asset, he then uses this asset as capital to obtain huge loans, rarely dipping into his own pocket to provide funds. Yes the end result is the same, a huge cash injection for the club, but this does not necessarily guarantee loyalty and commitment from your players. Credit to Steve Gibson for the way he runs the club, a true supporter and chairman. I hope we never get bought out by some fat #$%$ like Mike Ashley who ultimately couldn’t give a to$$ about the game, the club, the supporters and the community....look at the mess NUFC are in.