21-09-2021, 03:11 PM
(21-09-2021, 11:44 AM)Wightblue Wrote: Do remember, all the money Eisner spends on Assets (‘Improving’ the North Stand, buying Roko etc) is money he will get back as and when the club is sold, he is shrewd enough, I am sure, to get more for the assets than he paid.
I don’t know why he purchased the club (maybe its an old guy’s vanity project) but he paid a pittance for it so probably (and correctly) felt that he couldn’t go wrong, he might just come a bit unstuck if the revenue from fans and sponsors suddenly fell dramatically but he is probably right in assuming the fans will continue to buy tickets and merchandise.
The emotional tie to Pompey is an almost unbreakable bond for somewhere between 12,000 and 15,000 fans, Eisner knows this full well and relies on them to carry the greater weight for providing the revenue stream.
His main mistake thus far has been not to employ a real ‘heavyweight’ football man to advise him, someone who knows the pitfalls of club ownership and who can flag up potential problems (especially in the area of management both on and off the field). Someone who might even have engineered promotion (I do say ‘might’).
Neither Catlin or Cullen had/have anything like the experience required, but maybe Eisner is happy to soldier on in League 1.
The employment of a team manager is fraught whatever division Pompey are in and employing any new manager is a high risk business but someone who knows the ropes and issues would have been invaluable during Eisner’s ownership, he might well have advised against extending KJ’s contract for instance.
I can’t make my mind up whether we are in Limbo or Purgatory but whichever it is, I think we are going to be in it for a long, long time !
TBH Wight Blue you're totally on the money with this post. Improving the ground which he had to do anyway for a PCC H&S certificate or have part ground closure. The Roko was an astute piece of business assuming th eprice was right & is another asset on the balance sheet when prospective buyers are doing their due diligence on the club. You're right that financially M.E. is pretty astute but allowint KJ a contract extension was a criminal act in most people's book for achieving nothing!
EG you are also right in thinking of what's happening on the pitch. That's been pretty apauling for sometime. a couple of seasons ago with Lowe & Curtis & few others we should have skated this division but KJ & Jacketball halted that. For some reason it may all come down again to the make or break dreaded January transfer window hopefully for a promotion push but it may be to stave off relegation who knows at this stage. PUP!