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Ken Bates - in or out?


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How can folks think he's a good businessman? Look at the Wembley stadium fiasco.

Bates has been lucky twice and been bailed out of bankruptcy. By Harding and then this Russian who has more money than he knows what to do with.

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Originally posted by Ned Ludd

How can folks think he's a good businessman? Look at the Wembley stadium fiasco.

Bates has been lucky twice and been bailed out of bankruptcy. By Harding and then this Russian who has more money than he knows what to do with.

 

 

Lucky....thats the word. Every businessman needs luck now and again, and if its on your side then you will be doing better than most. People dont just bail out a near bankrupt businesses unless its worthy of doing so, has potential, or has an expensive commodity on its books.

 

If its premier league football wednesday want they will have to learn that most of the clubs in the top 20 and running with what you might call 'questionable' funding and financing methods.

 

As for the russian, i dont think he threw a few hundred million at it without asking his advisors first.

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