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A Brief Encounter with Norman Smurthwaite


Bede

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This is what I don't get about the situation

 

1. If he loves being one of the 72 why not ensure we stay in the club? If we go down he is out of the club and his so called asset is de-valued. Not a shrewd business move from a man who prides himself on his business reputation

 

2. Why talk about making VP a community asset - doing this stops as I believe any re-development of the ground OR is it just when the club is solvent. Again does not make sense as it is technically de-valuing the club in the event of a possible sale. Again not a shrewd business move.

 

3. Why upset your customers so much by saying what you say, even if you think it a shrewd business man keeps his mouth shut. We employ Colin Garlick to communicate with the fans, take a step back let the hired hand take the flack, by the way what does Colin actually do?

 

4. If you have £130 million or even a lot less with all this going on why take the hassle, sell up at a reduced cost, sit back and privately hope someone else right royally screws it up.

 

I just cant work the whole situation out but I like to think I am level headed and rational, maybe our owner is not and that is where we are all going wrong.

 

Only time will tell but we do n ot have that much time.

 

With regard to the community asset statement, I’ll believe it when I see it. More likely Sexman is bricking it after the feature Rob Fielding wrote on here, the suggestion being it would be something for Vale supporters groups to consider after the success of CAST with The Valley.

As for the last point, football is a financial black hole. Sky recently reported that HMRC were investigating 44 league clubs, 171 players and 31 agents and had recovered over £330 million in tax revenue since 2015/16. No suggestion Port Vale, it’s owner or any of its employees are involved in any way whatsoever but what it does illustrate is what a murky business the football industry appears to be. Draw your own conclusions.

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