Comments on: Can the Saints be Saved? http://www.sportsagentblog.com/2009/05/04/can-the-saints-be-saved/ A blog for sports agents: Discussing sports business news, Sports Law, and other interesting sports related material Sun, 21 Mar 2010 10:32:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Bob Palin http://www.sportsagentblog.com/2009/05/04/can-the-saints-be-saved/comment-page-1/#comment-126951 Bob Palin Mon, 04 May 2009 16:45:46 +0000 http://www.sportsagentblog.com/?p=5411#comment-126951 So turn your point of view around. Even if the Saints are legally protected they have essentially done the same thing as Luton and Leeds, is it fair in sporting terms to only punish those who were not devious enough to protect themselves? The whole concept is flawed, Luton are the perfect example. They had a board that simply didn't care about the future of the club, they dived right in and spent like madmen knowing that there would be no personal repercussions. When the punishment for insolvency came they were long gone and the punishment was dealt out to the fans and the new owners, who appear to be determined to operate the club properly. The authorities need regulations that help prevent the situation occurring, a proper business plan and financial oversight for all clubs, including the Man Us and Liverpools whose 'owners' borrow huge sums to finance the purchase. So turn your point of view around. Even if the Saints are legally protected they have essentially done the same thing as Luton and Leeds, is it fair in sporting terms to only punish those who were not devious enough to protect themselves?

The whole concept is flawed, Luton are the perfect example. They had a board that simply didn’t care about the future of the club, they dived right in and spent like madmen knowing that there would be no personal repercussions. When the punishment for insolvency came they were long gone and the punishment was dealt out to the fans and the new owners, who appear to be determined to operate the club properly.

The authorities need regulations that help prevent the situation occurring, a proper business plan and financial oversight for all clubs, including the Man Us and Liverpools whose ‘owners’ borrow huge sums to finance the purchase.

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