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Maybe Katarina has better plans for the club than NC had

berkshiresaint

By berkshiresaint,
in The Saints

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CB Fry

CB Fry

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Enough mentioning the cranes in the harbour already.

 

Decent article. Seems entirely plausible, and has been the official CB Fry theory on the future of the club since spring 2013.

 

The Leibherrs were never going to fund a push for the Champions League. They'd spent quite enough, and once we were in the riches of the Premier League it was obvious that the club would be expected to a) at best fund itself or b) at worst be sold to some other mug.

 

We've had a ton of free money and our "brilliant businessman" never quite had to bother to make any kind of books balance. He's had fun, we've had fun. We're a bloody healthy club and we move on in a strong position to remain a Premier League fixture for seasons to come.

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aintforever

aintforever

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This bit is interesting:

 

"Cortese resigned as a Mali director in October last year on the very same day as Liebherr was appointed to the board."

 

Suggests to me that they simply don't get on, that's the start and end of it. It's nothing specifically to do with anything SFC.

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Window Cleaner

Window Cleaner

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This bit is interesting:

 

"Cortese resigned as a Mali director in October last year on the very same day as Liebherr was appointed to the board."

 

Suggests to me that they simply don't get on, that's the start and end of it. It's nothing specifically to do with anything SFC.

 

 

Although it could signal the end of probate, Mali enlarged their board then abouts, bankers and traders mostly it would seem.

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Chez

Chez

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A few months after buying Southampton he bailed out a struggling printing company in Bern, saving 50 jobs and those of 72 apprentices and becoming known as the "Wifag saviour".

After his death at the age of 62 in August 2010 and the subsequent inheritance of Mali Holdings by Katharina, she decided to make 31 employees redundant and has since been accused of failing to set a new direction for the company.

The Swiss newspaper Der Bund said that while Mali initially said that Katharina would continue her father's work, "it has become increasingly clear in recent months that Mali can't sort out the successorship".

One employee at Wifag was quoted saying: "With the death of the patron, the chicken has lost its head. For a while it continued wandering around without a sense of direction, then it bled to death."

 

 

I wonder if she ate it?

 

Sounds to me as though Markus spent a wedge saving a loss making company, but it continued to make losses over the course of the next 12 months, so when given the task of running the company KL did what any owner would do and reduced staff overheads. The time frame is a little unclear from that text, so possibly everything was KLs fault, but possibly it was just a company that could. Not be turned around. Maybe it needed Cortese in charge, but then again wasn't he on the Mali board up until October last year?

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Chez

Chez

Posted
Posted
This bit is interesting:

 

"Cortese resigned as a Mali director in October last year on the very same day as Liebherr was appointed to the board."

 

Suggests to me that they simply don't get on, that's the start and end of it. It's nothing specifically to do with anything SFC.

 

Strange then that there are reports of her offering him the earth to stay at SFC. If they didn't get on surely she would just look for a replacement at the first hint of trouble

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Gambol2K9

Gambol2K9

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The key word there is "Engineering" .... Something you can more readily control and see your Profit/Loss

 

Football is nothing like that, completely different in fact. Very few Clubs in the UK make sustained profits, and, ironically, a TRUE worth of a Club would not be known until all it's ASSETS (Players) are sold

 

You're right, if you're not interested in football then there would be no reason to invest in a football club, it's not a profitable business.

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