I think you are kidding yourself there mate. If Short hadn't paid of the debt what do you think would have happened. We were already skint as a Premier League club and then a Championship club when he stopped bankrolling us. Even Donald and Methven said there was no way they'd have got involved without us having the debt taken off the books. We were damned lucky that Short could afford to write off £140m like that. You ask any of the US based fans who have been out with Ellis since he sold the club and you'll find out just how screwed we were. (psssh re-writing history my arse)
That's the key, Short paid off the debt, if he hadn't we'd have gone bust. What possesed him to do that I don't know, considering the losses he incurred over the years, and the abuse he got at times. It must have cost him several hundred million, and I do remember reading that owning SAFC reduced him to being a common old multi-millionaire, rather thah a billionaire. The chances of a hard headed business man doing that are vanishingly small, he must love the club.
That's the key, Short paid off the debt, if he hadn't we'd have gone bust. What possesed him to do that I don't know, considering the losses he incurred over the years, and the abuse he got at times. It must have cost him several hundred million, and I do remember reading that owning SAFC reduced him to being a common old multi-millionaire, rather thah a billionaire. The chances of a hard headed business man doing that are vanishingly small, he must love the club.
Going to reply together.
He did though that's the thing,if he didn't pay it off we'd be fucked but there's no benefit of him doing it as he'd get nothing from it anyway since it was mostly owed to him. The reputational damage for him for doing it though would be a nightmare.
Mind and this is a dodgy outlook, if he did put it into administration (the club would never be liquidated) then we could've got better owners than the chuckle brothers. Pretty much all the big clubs who have gone bust have bounced back; Leeds, Southampton etc. The only exception was Rangers but that was because of an admin cockup. It wouldn't have been the end of the world, the 3 years after were as shit as it could get regardless.
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