23-01-2023, 10:14 PM
(23-01-2023, 09:48 PM)Milkins Wrote: I think we were better placed, when through the Pompey Supporters Trust, the fans actually owned the club. The debts were paid off, the club's finances were turned around & ran at a profit, the pride went back into the club and fanbase, and we won a promotion. BTW on the finances, at the end the club had £5m in its budget to do the essential ground repair works necessary at the time.
That said I don't know how the fan ownership model would have coped with Covid, but I doubt anyone would have asked for a refund on their season tickets. It is worth noting that AFC Wimbledon have survived & moved into their ground post Covid and that no clubs went actually bust solely because of it. Still with the doubt it might well be proven useful to have the Eisner's pick up the slack.
Finally, I did see an interesting thing on TV earlier this evening when Gary Neville, talking about Everton after firing Lampard etc said (the gist) that if a club is unsuccessful on the pitch over a period of 5 or 6 years, then it is probably not the various managers' fault, but the owners. The Eisners have now owned PFC for nearly 6 years. Fingers crossed that JM turns out to be a brilliant coach, but much rests on this long-shot for the Eisners' credibility.
The PST share % would have gone down and down and the fans would constantly be asked to put their hands in their pockets.
I would imagine more than £5m has been spent on the ground.