Tuesday, March 02, 2010

The Little Waster strikes again

According to recent wafflings from a "club source", our wage bill is still unsustainably high for a Championship club and Jabba continues to bail us out day by day. Well, just think how much worse it would be if we hadn't managed to flog Kieron Dyer.

According to Nick Igoe, the financial director of the side generous and foolish enough to take Dyer off our hands, West Ham will end up spending a staggering £34m on him and Freddie Ljungberg over the course of their contracts. The Hammers' return on their investment? 32 matches between them - a figure Ljungberg isn't going to contribute to any further, having left one year into a four-year deal.

It's a bit mean-spirited, I know, but after all the negative and mocking press and comments we've had for being shambolically run by clueless clowns, there's a small part of me that reacts to the current plights of the likes of West Ham, Pompey and Cardiff with Schadenfreude. Just goes to show that we're not alone - though of course that doesn't make our own situation any better.
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14 Comments:

Anonymous Anonymous said...

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10:31 am  
Anonymous Anonymous said...

Yes we've been run by a bunch of monkey's with curbs being the biggest baboon, the so called expeirenced manager wasted millions on davenport,boa,dyer ect, and then had the cheek to sue for unfair dismissal. it should be the fans sueing him for dismal perfomances and signings

10:38 am  
Anonymous Anonymous said...

I hope you choke on your schadenfreude and go straight back down. COYI!

10:56 am  
Anonymous Anonymous said...

I agree. There's a lot of satisfaction in watching things come home to roost at West Ham and Pompey. It's just a pity Pompeys survival means the twat with the bell lives on.

11:13 am  
Anonymous Tommy said...

not only the twat with the bell, but the morons with drums....
probably the same pricks that take them to england matches

11:47 am  
Anonymous Jamie said...

West Ham have been run extremely badly by the Icelandics who never foresaw the financial downturn but the club are now being turned around.

If it wasn't for your Jabba, you'd have gone the way of Portsmouth or even worse. And what club was it that didn't include a relegation clause in their players' contracts? By the grace of God fort all of us I'd say. As for Dyer, he broke his leg, badly, and really should never had returned from a break of the kind he had. That's nothing to do with business and all to do with luck.

11:54 am  
Blogger Ben said...

Jamie: Dyer's injury record on Tyneside was appalling so it was no surprise to us that he was crocked soon after making the move. OK so the actual injury itself may have been unlucky, but it was a very risky investment from the start. I'd contrast that with our signing of Michael Owen, for which we're forever being slated. The fact is that prior to joining us he had very little in the way of a history of injuries, and it's only with hindsight that it looks like a bad deal.

As for the relegation clause issue, of course you're right - that was idiocy and complacency of the highest order. But when, like us, you've lived in a glass house for so long, sometimes the urge to lob a stone becomes irresistable.

Much as I appreciate your optimism, I'd suggest the turnaround won't be quick. Ashley recognised the extent of the financial mismanagement at Newcastle not long after taking over, as Sullivan and Gold have done (which begs the question as to what all the due diligence stuff is about), but we've had to go through a hell of a lot before finally looking as though we may be coming out the other side.

12:54 pm  
Anonymous Anonymous said...

To the guy who said it is all curbishley's fault. You clearly have no understanding of football and how it works do you. what a moron, was Curbs the one who offered these guys big money? No it wasn't, he identified the players and the rest was done by the board, he had nothing to do with how much they got paid you idiot and don't forget the quality signings he made. You complete lump of turd.

1:05 pm  
Blogger Michael R said...

How come all those posting comments seem to be brave enough to throw insults around but aren't brave enough to sign their names to the post.

If your only point is to insult someone, best keep it to yourself

1:56 pm  
Anonymous Anonymous said...

Obsidianrock people taking time to register would mean what exactly, do you genuinely believe it'll make one bit of a difference anybody posting a name!? Your judgment is flawed at best, but I guess your a Newcastle supporter so enough said on that front... Keegan, hah!

And as for the mug earlier stating Owen was not injury prone prior to having the geordies, your 'avin a bloody laugh ent ya!?

What a crock of shit.

2:27 pm  
Anonymous Anonymous said...

yes it was eggy that paid overthe odds on the wages but it was curbs who wanted these players, he was like a kid in a sweetshop who's money was burning a whole in his pocket, he went out and bought players who were passed there best or just not good enough or just crocked all the time, look at the mess he left charlton in, anyway although the toon arn't out of the woods yet at least you know your club won't go under.

2:40 pm  
Blogger Ben said...

To the commenter two above (defending his right to be anonymous): Owen's serious injuries came after he'd joined us, whereas Dyer had been out of action for long spells during his time at Newcastle, despite which you still bought him.

My perspective on who's to blame for the Hammers' current predicament (for what it's worth): the managers (Curbishley particularly) may not have identified the best targets, but the final decisions came down to the owners/board. It was exactly the same with Redknapp at Pompey (although with the difference that he brought in a lot of quality players). Redknapp and Curbishley may have been a little uncertain of the sustainability of their clubs' transfer policies, but if someone is prepared to sanction the purchase of players they feel will improve the squad, then why would they question it? Clubs' long-term financial security is the responsibility of owners and chairmen, not the man in the dugout. Much as I'd like to blame Souness for paying £8m for Jean-Alain Boumsong...

6:10 pm  
Anonymous Anonymous said...

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4:28 am  
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5:57 am  

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