[quote author=Vlads Quiff link=topic=41783.msg1198175#msg1198175 date=1287233531]
Back to Hicks.
I have until recently had some sympathy with H&G, and not all the ills that have befallen us are due to their ownership as he points out, and the world financial crisis came bang at the wrong time.
Still I think it is a bit much for him to sit there and tell us all that the problems with the finances have been grossly exaggerated, if all was so rosy why did he sign away his rights in April.
As we have seen this week he has the sharpest law people available to him and unless he was in the shit with the funds and RBS there is no way he would have agreed to those terms.
I would not lose too much sympathy with Hicks , as I said in a previous post he has made his fortune in leveraged buy-outs and gambling with investments , some you win and some you lose, in this case he lost.
He was right about one thing his communication with the fans was poor, if he wanted to present his case he should have done so when things were happening.
regards
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If he had the money, he could have just paid off the debt before signing his rights away.
It was more a case of really bad management of assets and wealth on his part that lead to him losing the Club.
If he had at least kept his promises or avoided making false promises, he would not have had the fans turning on him, as they have done. Believe me, he would have been able to make a better case in the court if all the other stake-holders in the club were not 100% against him.
He would be better off regrouping and focusing his attention on rebuilding his personal assets and wealth which seems to have taken a massive hit from all ends.