Quote Originally Posted by pomeroy View Post
If you had £100K mortgage on your house and due to a number of circumstances it is now worth £10k, however rich you are you are not minded to sell it. However if your house , again due to a number of circumstances, has the potential over time to be worth considerably more than £100k you might look at selling. IMO the club has to be worth something close to what it owes Tan for him to contemplate selling. We are lucky in the sense that most of our debt is owed to Tan not to banks or other lenders but because of this it seems likely that unless there is a quick change in the club fortunes Tan is likely to be in situ for a good time. I, like you, have little idea as to what the future holds but it seems that we, like a host of other clubs, have to come to terms with economic reality and start by stop paying grossly obscene wages to ordinary players. The average Championship player salary for 20/21 season is reported at over £29K per week, much more than your average Joe earns in a year. This lunatic scenario is not sustainable and will have to addressed by Tan, and many other clubs, in the near future.
You are ignoring the running costs. On purely economic grounds most people would sell something for £10K right now if it costs them £1K a month in running costs for the year ahead and when they are unlikely to be achieve a selling price that rises more than £1K per month. The cost to Tan is escalating month by month.