BETTY WROTE: only 
with hindsight is he ever not to blame.  

I THINK THAT is precisely the point, but the other way round..........it
is only with hindsight that he IS to blame because not many peeps were
complaining at the time.  I remember having a slightly queasy feeling
about the 60 year bond based on gate receipts, I must admit, but apart
from that........

I think the key factor, which I'm surprised actually that Ridsdale
didn't really develop was this: everyone knew we were gambling buying
all those players, and paying those wages, but at the time, it wasn't
SUCH a massive gamble. Ie nobody dreamed the consequences of failure
would be what they were. It was a calculated gamble; if things went
wobbly, all we had to do was sell off a few players again.  The presence
of so many young players from our own academy meant that we had a built
in release valve where we could cash in at any time and be sure of a
handsome profit.  We could have been sure of sums of well over 20 m for
Kewell, over 15 for Woody, over 12 probably for Smithy, over 10 for
Robbo etc. What did we get for that lot in the end? Under 20 for the
lot!  What no one foresaw was a) a downturn in the transfer market b)
the sudden effect of our fall meaning that bastard vulture clubs like
Newcastle & Liverpool could hold us over a barrel, and most of all, the
effect of the (then) newly introduced transfer window.  That bloody
killed us, because it allowed eg Newcastle, knowing we were desperate
for the cash, to play brinkmanship over Woody's transfer.

Ridsdale makes clear that a 14 m sale of Dacourt to Juventus and a 12 -
14 m sale of Weaselface to Liverpool were both sabotaged (the first by
OLeary, the second by the rat himself)..........and a 7m sale of Seth
bloody Johnson to Middlesbrough also fell through because the wanker
failed a fitness test.  That's 33 m quid we lost and we ended up giving
all 3 of those players away just to get their wages off the books. 

You can't blame Ridsdale for that.

I'm getting all upset about it all over again now. I was watching
Chelsea v Villa the other night and fantasising..........what if Martin
O'Neill had joined and taken over a reduced but still strong squad and a
stabilised financial situation........where would we be now?

Anyway........let's hope we can get a point at Swansea in a massive game
this w/e!!!

Rob Heath
Bangkok Khow.

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