Serendipity

Saturday, March 04, 2017

"If it wasn't for the 10 point deduction we wouldn't have got relegated."

This is always the mantra for fans of teams relegated as a result of administration. And it is true as far as it goes; it was seemingly true for argyle back along. Sadly it is a myth. It is self-delusion. The penalty is set so that it pretty much guarantees relegation for anybody “unlucky” enough to go into admin so admin leading to relegation is hardly a matter of chance more one of design.

And the finger of blame implicit in the statement is pointing in entirely the wrong direction. Clubs, from the boardroom all the way to the terraces, should man up and accept that the reasons they went into admin were avoidable and that it was a potent cocktail of bungling incompetence, Mikawberish hope, willful negligence and/or deliberate strategy that was responsible and “luck” had nothing to do with it.

The exact methodology involved will vary from case to case but essentially they all boil down to the same thing: expenditure has grossly exceded income leading to a build-up of debt which eventually can no longer be supported.

In Argyle’s case as a CCC club we recruited players on contracts that we could ill-afford. That led to a debt-level that in turn led to the sale of a host of important players who were replaced by players of lower quality also on contracts we could ill afford either in cash terms or duration. That relatively weakened squad was decimated by injury, results nose-dived, confidence collapsed, the manager was changed, he introduced more expensive players on contracts that proved to be unsustainable, relegation followed, TV income dropped, crowds dropped, admin followed, another relegation resulted.

The root cause of all of this was over-stretching financially while being successful on the pitch – and who doesn’t want their club to be successful on the pitch? Essentially it was the story of Icarus flying so high that he got too close to the sun that his wax melted and his feathers fell off recast as the fate of a football club for our modern times. I’m by no means a classicist but even I know the story. It is hardly a secret.

So the real problem was getting into debt to start with even though that debt actually built the best XI Argyle has had in decades. It was a problem that by virtue of some huge, for us, transfer income we could have avoided but the same core mistake (players earning wages that were too high on contracts that were guaranteed for too long) were repeated and eventually the wheels came off and we’re right back to admin, the points deduction and relegation again.

We might have avoided the worst excesses of our meltdown had we paid lower salaries. But we didn’t. We might have avoided the worst excesses of our meltdown had we stipulated shorter contracts. But we didn’t. We might have avoided the worst excesses of our meltdown had we exit clauses on the contracts. But we didn’t.

So through a mixture of panic, misguided ambition, reckless spending, soft negotiation all coated with either negligence or incompetence we recruited players we never should have signed and probably would not have signed had the offers been shorter, cheaper and less secure. And it was those players who won the points that “would have been enough apart from the points deduction” and those players should never have been donning our famous green shirts in the first place as those points were won.

“Cheating” is a strong word to use but what else is signing players knowing the wherewithal is not there to support them? The fact that we went into admin and were relegated was our own damned fault and not the fault of the Football League rulebook or some sort of freak vendetta. We broke the rules. We cheated. We were punished. And rightly so.

The fact that the dominoes toppled one after the other that did not need to topple and that our club was nearly extinguished forever as a result should never be forgotten and nor should the lunacy that prevailed in our boardroom at the time. A repeat must never be allowed and it is beholden to us as fans to place the blame fairly and squarely where it lies and that is most certainly not with the Football League for applying a sanction that everybody had known was coming for months before it did.

Never again should we afford our owners, whoever they are, the luxury of unquestioning, blind faith in their decision making because failure to question, scrutinise, complain and, if necessary, sound an alarm represents the same bungling incompetence, Mikawberish hope, wilful negligence and/or deliberate strategy in the fanbase as it did all those years ago in the boardroom.

Being vigilant about our club’s management is our duty as supporters not a treasonable activity perpetrated by Quislings.

1 Comments:

At 8:49 am, Blogger Jamie Sheehan said...

Up to a point I agree with you, that's to say that the causes and consequences of Administration have been correctly identified. Where the mistake was made however is that the club should have gone into Administration in February or March of the season in which we were relegated from the Championship. The fact remains that we held on to many of the players (or should that be too many) after relegation from the Championship, and they didn't perform in League 1, so when we went into Administration, another relegation was inevitable. I do think in Argyle's case that the full story of what went wrong hasn't been revealed, and who knows, probably never will be.

 

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