Sean Thornton
I say a little prayer….
- Joined
- Apr 14, 2015
- Messages
- 61,822
- Reaction score
- 105,110
I think a great deal of the detail in your post is based on your opinion, and not based on facts in evidence.
This post is full of anger and hatred of a regime which admittedly, went badly wrong. He admitted that he had made mistakes, but says he would do everything the same again. (Nothing learned)?
In retrospect, the big mistake he made was United World. Quite apart from the fact that full ownership of multiple clubs is illegal, there is little benefit from this style of ownership. Maybe he got the idea from McAbe buying Chengdu, and investing in European clubs? There may be some savings from sharing admin functions between clubs but they were all miles apart, status and finance wise. SUFC would always bear the brunt of it financially.
I do not bear the man any ill will for selling the club for a profit. He was obliged to buy club assets back from McAbe after the court case. He eventually sold the club as a going concern, because he balanced the books, making the club attractive for investment.
Yes the fans had to put up with no money last season to do this. The alternative was liquidation or administration. Take your pick!
Multi club ownership isn’t illegal. UEFA rules state that you can’t own two clubs that compete in UEFA competitions.