lo zio
International
- 24 October 2005
- Palermo
@ Lo Zio - Firstly, let me just say I'm really enjoying your posts, keep em long and interesting!
thanks mate.
as for your points, well i don't have in front of me the balance sheets of man utd or chelsea, so i just can't talk about it.
but the main point is not really wich is their current situation. economics are a very volatile and dynamic matter (just to make an example, morgan stanley, merryll linch they were all giants just one year ago, they seemed to be solid as rocks... and look what happened. fiorentina and lazio themselves were giants just a couple of months before the tragedy... lazio especially was much stronger than inter or chelsea are today).
the real point is where are our life nets? do our rules protect our clubs from what our owners could potentially do? that's the real point.
auditors do not exsist because all our companies will definitely face bankruptcy or "fix" their balance sheets. auditors are there just to avoid the companies's board from doing such things. to prevent theese risks.
i don't think the glazers or abramovich are "evil", of course.
but i do believe that we all always do what it's best for us. and sometimes, what is best for us is not what is best for our companies.
so it's important to have controls and bodies who can prevent us from screwing our companies, just to fulfill our own interests.
u might think "yeah but this is just not going to happen".... well tell it to a lazio fan.... and if someone thinks abramovich would not do exactly the same things cragnotti did, well that man is just a naive fall guy. cragnotti was not "evil". he just did what was best for him. that's it
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