West Ham about to sign

Its starting 2012/2013 season, look at the football league website they voted on it last tuesday.

Leedsmadness have you seen the size of West Ham's debt?? unreal! they won't go back up this season in my opinion!
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Debt means nothing. Nowich are 20m in debt went down in 2005? Then wet down again. They just gone upfaster then us!

bluememe! rich backers! also they didn't have to sell there assets like training ground or stadium or enter administration and have to rebuild a whole new squad from the core of about 4 players! thats why its taken so long to make progress!

It is fascinating to speculate how the p orn kings will end up if this gamble goes wrong.

Their purchase of the club cost them £100m and despite the obscenity of the para payments they're turnover will be reduced by a minimum of £20m not withstanding any losses on the commercial and sponsorship front.

The fact that Gold and Sullivan have a combined wealth of £1b+ makes it easier but how much it will eventually cost them is anyones guess so we'll stand back and get ready to giggle and wonder how long it will take them to return to the PL and when there are the complications of the FLs proposed adoption of a salary cap as well as EUFAs financial requirements..

What progress have we made? We are no better off now then we was 7-8 years ago on the pitch team wise. If anything we are arguably worse off now team wise then we was 4-5 years ago. We have gone backwards to go so called forwards. But in reality we are just back to where we started 6 years ago. Progress?

Well yes progress from going backwards! 6 years ago we were in a mountain of debt with a ageing squad with Kevin Blamewell as manager now we have young squad playing for Leeds not a pay cheque and no mountain of debt to deal with ok missing out on a play off spot was devastating but still in 2 years its been a good fun ride you can't deny that!

What progress have we made? We are no better off now then we was 7-8 years ago on the pitch team wise. If anything we are arguably worse off now team wise then we was 4-5 years ago. We have gone backwards to go so called forwards. But in reality we are just back to where we started 6 years ago. Progress?
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Please explain this one more in depth blue

7/8 yrs ago we had huge debt paying players stupid money on our way to oblivion and the 1st division.

NOW we are running a club with no debt, we are on our way up.

Debt means nothing, your right many clubs have debt, BUT this the last season that debt will be acceptable in the Championship, 2012/13 they will not be allowed to run a club on debt.

Yes i know that some club will try and get round the new regulations, let hope all the loop holes will be clsed

LM...meme can't explain anything because he is a wum who composes posts with the simplistic aim of annoying genuine fans.