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Tuesday, 27 October 2009

Administration looms for Southend

Sad, sad day indeed.
Looks like Southend will enter administration this time next week ish.
It goes to show the vast gap between rich and poor. When Liverpool played Man U on sunday the two clubs had combined debts of £1 Billion. We could get wound up over £700k. That's about a month's wages for the top players in the world. The problems are many, but it would be nice if:
1) financial mismanagement didn't result in the fans getting punished
2) the official bodies and big clubs spent a bit longer looking out for the interests of football as a whole rather than trying to maximise the wealth of the richest e.g. '39th game', Atlantic League, Old Firm to England etc. etc. etc.

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