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I think Darren Bent was the least of our worries. Looking at the books around that time we were paying rather high wages to make that gamble for promotion. Lots of teams do that.
The problem was we kept trying to sustain it instead of having a couple of years of resetting the accounts and poor transfer dealings (Ikechi Anya for £4m and 5 year contract -4 of which plying in reserves - for example) and firing managers for a range of reasons racked up some serious costs which wasn’t kept under control.
We went to the Playoff final twice in the last 8 years and obviously failed, but either of those results going the other way and the gamble that Morris took would’ve paid for itself.
There’s a lot of championship clubs about to pop and a lot are conveniently finding ways of using Covid to circumnavigate fines and deductions. Stoke have signed off a load of debt, Boro have been getting money from Gibsons haulage company, Reading had a massive loss they just received a 4 point deduction for, Bristol City announced they lost £40m last year. There will be more of this happening.
The championship is fucked. Too many people gambling to make the leap into the EPL. I think only Brentford in the last 10 years haven’t pushed the FFP regulations to the limit (or had complete disregard for it).
roboto-
I think only Brentford in the last 10 years haven’t pushed the FFP regulations to the limit (or had complete disregard for it).
We’ve had more than a helping hand from parachute payments, but we’ve not been close to breaching FFP at Carrow Road as a ‘self-funding’ club.
Delia and Michael certainly haven’t put their hands in their pockets for years…
tonylast
Not sure many of the fans were complaining when Morris was potentially bankrupting the club to sign Darren Bent.