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The Football Player that almost Bankrupted a Football Club

Discussion in 'City Talk' started by Stafford Bantam, Nov 12, 2024.

  1. Stafford Bantam

    Staff Member Moderator Supporter

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    StuntPegg's (Nieve Petruzziello) take on a bit of our history:

     
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  2. Inspector

    Supporter

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    Quite a sad watch really. In some ways we’re lucky we didn’t suffer the penalties of going into administration like some of the other clubs, however, we in exactly the same place as we would’ve been with points deductions. We just haven’t taken advantage of the little bit of luck we had.
     
  3. Jordan

    World Cup 26 P.L.26/27 Entrant ⚽ P.L.25/26 Entrant

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    Nice reminder of just how much this club has fallen. I must admit, I don't really have a desire to be a premier league club especially the way the top is at the moment, I'm just sick to my back teeth of watching a mismanaged L2 club year in year out. To say the game footage was filmed near the "atmosphere section".... there wasn't a lot of atmosphere coming across on film. Although I think that's more a VP issue, sound just flattens in there no matter which stand makes noise.

    I like Nieve from the bits I've seen of her on TV. Very knowledgeable Youtube type fan on those Sky shows when 90% of them seem like unsufferable idiots just trying to get their schtick in and get soundbytes to trend, she actually more often than not has very backed up arguments and statements for stuff at the top of the game. Surprised to see one of the bigger online folk touch L2 football, its usually PL only or Wrexham.
     
    Stoneski likes this.
  4. Dennis

    Staff Member Moderator Supporter

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    That was an amusing watch but quite poignant in how our club has continued to be affected over subsequent seasons right up to current times.

    The one big issue she missed was how in addition to Benito's and others contracts and the loans taken out by the club in pursuit of a fruitless endeavour was the amount taken out of the club by GR and the other directors. The amount paid to Benito at the time was a fraction of what was being paid out in dividends. Around the time the directors awarded themselves almost £8million in divis. How they even did that was a sleight of hand and dodgy imo given that the club itself was making significant losses without a profit in sight. And as we know, it all paved the way for the 2 administrations and the loss of VP.

    I'd like to see a follow up which looks at the more important factors other than Betnito's arrival which brought the club to the edge of liquidation (not bankruptcy).
     
  5. Hoochy-Min

    Hoochy-Min Squad Player

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    Careful now. I've been threatened with legal action for mentioning some of the things that went on back then.

    Stick to the narrative - it was the fall of ITV Digital and Gordon Gibb's fault. :coffee:
     
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  6. Bronco

    Supporter ⚽ P.L.25/26 Entrant World Cup 26

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    I could be wrong but I believe StuntPegg is factually incorrect, if my memory serves me well it was not until the second administration were Carbone and Ward asked to waiver their outstanding contracts the second administration where Julian told us 25 yearers they would not be able to honour our 25 year agreement as we now became creditors as part of the agreement with Carbone and Ward to waiver the remainder of their outstanding contracts, where as previously under the first admin under Richmond we were not classed as creditors, I'm sure if my recollection of those times have faded someone will correct me but if I'm correct then StuntPegg needs to research the subject better, and do stop calling us chickens were Bantams and proud of it.
     
    #6 Bronco, Nov 12, 2024
    Last edited: Nov 12, 2024
  7. Loyalbantam

    Supporter ⚽ P.L.25/26 Entrant

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    I’m certain the first admin happened at the end of the first season back in the Championship. Carbone had gone on loan to Middleborough and Windass had gone to the Blades with Stuart.
    The 25 year deal was honoured the first time, it was the second admin where Rhodes ripped it up.
    I also could be wrong.
     
  8. Bronco

    Supporter ⚽ P.L.25/26 Entrant World Cup 26

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    It was defiantly the second administration as it was when Gordon Gibb came on board and he had the rug pulled from under him taking us into the second administration.
     
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  9. Bigrod

    Staff Member Moderator Supporter ⚽ P.L.25/26 Entrant

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    Windass left City permanently in 2001, signing for Middlesbrough. Despite him saying it took him about 4 seconds to decide to leave City for Middlesbrough, he in essence failed there. McCall in effect rescued him from Middlesbrough, when he signed for the Blunts.
     
    Silverbantam likes this.

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