Seasider9601 wrote:RedRedWine wrote:Who remembers Hornchurch? It will go tits up, it always does. We'll get Crawley fans shaking buckets at us when it goes wrong, yet I wonder how many are questioning all of this lavish spending? £300k on one player at that level is unbelievable!
And mate, Crawley have had serious financial problems fairly recently too.
Was it the Mahmood brothers who took them to the brink of bankruptcy ?
It was the Majeed brothers. Basically they owned a few nightclubs, had Ferraris and throught they could rule the world. That included employing their bouncers in Crawley's club house who took it upon themselves to rough a few of us up on a visit there. They never had the money to sustain a football club.
Bruce Winfield, who together with his wife, are throwing the money at Crawley are a different kettle of fish altogether. Winfield is a director of over 50 companies and the Finance Director of Media Square
http://www.mediasquare.co.uk/pages/65/The+Board.stm, who've got a turnover exceeding £100 million. He's also sold a few companies. Given he's a financial man he should know what he's doing. I can't see it going tits up unless he gets bored and that might happen if he doesn't buy the league.
P.S. This deal breaks the record for a transfer fee between two non-league clubs, which was of course held by Justin Jackson between Morecambe and Ru$hden £ Diamonds. Another club with a big backer who lost sight of his business and then pulled the plug.