Angela Lowes gone


Status
Not open for further replies.
:lol:

I dinnar, I could be wrong, but whether it's streamlined or not football isn't a straight forward business, and it's more than a game of numbers. I know you value sustainability and cutting your cloth accordingly, but sometimes you need to speculate. Poyet's touched on this before, but we've been left short because of the bean counters at the club not sanctioning deals. We've chucked bad money after money, when we could have pushed the boat out here and there to bring in some real value. Pay peanuts - get monkeys. Get relegated.

Nothing wrong with spending money, so long as you have a plan for getting it back. The problem is that the extra prize money for going up two or three places won't cover the cost. You also need a plan for getting money in. Our old friend zero net spend. Throwing money on overpaying for older players with no resale value isn't speculation - it's stupidity.
 
I just did earlier in the thread. Overseeing everything from financial oblivion under Short to asset stripping under Donald and sitting idly by and taking the money. As Grumpy says if I was continually pointing out areas of concern and being ignored then I’d have to reconsider my role. If I wasn’t then I’d not be fulfilling my role correctly.

You’ve no idea if she sat idly by (and nor have I). I’ve no idea what she did and what remit/influence she was given. It’s easy to see Byrne’s failings for example but criticising someone for not resigning because your principals would lead you to do so in those circumstances seems unfair to me.
 
It was only a matter of time!

She would have known it’s been coming since KLD announced who his incoming CFO was.

She would have earned a small fortune over her 20 years, and should have been more responsible for our pitiful, financial plight during that time.

However, she was obviously only a puppet for the last pair, Byrne ++++
 
You’ve no idea if she sat idly by (and nor have I). I’ve no idea what she did and what remit/influence she was given. It’s easy to see Byrne’s failings for example but criticising someone for not resigning because your principals would lead you to do so in those circumstances seems unfair to me.

Time for a new chapter anyway. Whether it was overdue remains to be seen. I wish her good luck in any future endeavours.
 
It was only a matter of time!

She would have known it’s been coming since KLD announced who his incoming CFO was.

She would have earned a small fortune over her 20 years, and should have been more responsible for our pitiful, financial plight during that time.

However, she was obviously only a puppet for the last pair, Byrne ++++

Treuer won't be CFO; he'll be a non-exec.
 
Nothing wrong with spending money, so long as you have a plan for getting it back. The problem is that the extra prize money for going up two or three places won't cover the cost. You also need a plan for getting money in. Our old friend zero net spend. Throwing money on overpaying for older players with no resale value isn't speculation - it's stupidity.
And so we ended up saddled with the likes of Gomez, Jones, Rodwell, and Coates, when we should have been investing in Alonso, Ki and Van Dijk.
 
I very much doubt she was to blame.

"We are heading towards another £30m loss, we are £155m in debt, we need to stop spending"

"Aye whatever love, get Ellis on the line, Defoe has become available at 80k a week"
 
I very much doubt she was to blame.

"We are heading towards another £30m loss, we are £155m in debt, we need to stop spending"

"Aye whatever love, get Ellis on the line, Defoe has become available at 80k a week"
Not long before Defoe came, there was somebody at the club who would not sanction a deal for another striker because we already had four, therefore it was assumed we didn't need another.

I'm not saying it was her, of course not. But that was the thinking at the club.
 
Nothing wrong with spending money, so long as you have a plan for getting it back. The problem is that the extra prize money for going up two or three places won't cover the cost. You also need a plan for getting money in. Our old friend zero net spend. Throwing money on overpaying for older players with no resale value isn't speculation - it's stupidity.

I think football in general has a massive problem of spending money without any reasonable idea of how it will ever be covered. It's kicking the can down the road in the hope that increasing TV money and European qualification will somehow solve the problem. I suspect this is the result of a time (mid 90's to 2010) where TV money and UEFA participation money increased spectacularly over a relatively short period of time and this "plan" probably worked to some degree.

But those fees aren't rising as quickly as before, while costs appear to be continuing with the same trajectory.
 
This. We don't know what her exact role was, probably just a generic management type thing.

It may well come out that KLD has someone lined up to take over finance duties with an excellent pedigree that includes experience with top sporting organisations, so it was right to replace her. Even then it might come out that she was a decent finance person with a good grounding in business etc, who could have developed into a great home grown director of SAFC if our club hadn't been such a shitshow all these years
That first bit of your second paragraph is what I'm hoping or looking forward to. One of the things about KLD is not his age, not his cash, but the contacts he has in the game. He is the owner and chairman yes, but it is the supporting team behind him that will really make a difference. No successful club chairman tries to do everything themselves. If he can bring in trusted people who have been involved in running top European clubs, it bodes well for our future.

If you look at the Short era, why was Byrne (a youngish lawyer with limited experience) in such a senior role at a PL football club? Why was an agent appointed to take on recruitment? We had cash and a reasonable squad but were running the show with almost no football experience through the club. It made no sense at the time and didn't end well. I've no idea where Lowes fit in and will have obviously gained a lot of experience in her 20 years here, but imagine if we could get in a former FD of Marseilles?

It is mostly hope but in these early stages, I think KLD is going to start building the club management and admin structure from the ground up, in the image of a top football club. It will be a while before we are a draw for exciting players, but the boardroom and reorg side of things could be the big excitement going forward.
 
Not really, she would have seen all the transfer deals of that time, surely at some point she most of spoken up, on certain signings Alvarez for example
There was nothing whatsoever wrong with the structuring of the Alvarez deal from a financial standpoint. It was a pragmatic way around spending restrictions that were in place. The issue is in player selection.
 
I think football in general has a massive problem of spending money without any reasonable idea of how it will ever be covered. It's kicking the can down the road in the hope that increasing TV money and European qualification will somehow solve the problem. I suspect this is the result of a period of time (mid 90's to 2010) where TV money and UEFA participation money increased spectacularly over a relatively short period of time and this "plan" probably worked to some degree.

But those fees aren't rising as quickly as before, while costs appear to be continuing with the same trajectory.
It's a balancing act. It's difficult to balance. If you get a couple of players now n that what are worth something to the bigger boys it helps. Look at Leicester - Mahrez, Kante, Drinkwater. Leicester however have the muscle in reserve as well.

Nobody wants the indignity of being a selling club, but being a selling club can keep clubs alive.

I often wonder about the loan system. What if it didn't exist. What if these young players who need to go out and develop did so under contract at lower level clubs. What if the big clubs then actually had to pay these lower level clubs for said talent?

Instead you have small time clubs with scarce a tuppence ha'penny to their name, paying loan fees to big clubs, paying the player's wages, and the frig all in return when that player heads back to his parent club and a Premier League career. Parent club still doesn't want them? Flogs 'em at twice/thrice/four times the value of what they were before the loan. It's a joke.
 
Status
Not open for further replies.

Back
Top