Lots of people in this thread talking about the state of our club clearly have nfi what they're talking about. Let me clear up a few.misconceptions:
1. When Tinkler left, his bank guarantee had shrunk to half it's original value (down to 10 million). Most of this was used to square up creditors that were left in Tinks hefty wake. While we weren't left in the red, we weren't left with a battle chest, either. We came out ahead, but we didn't come out wealthy. So put that to bed for starters.
2. The reason why we have players on inflated contracts is simply because we have to offer them what the rest of the market offers them. Where most other clubs can pad this number with TPAs, we can't. This is not purely through negligence... which brings me to...
3. "The Hunter" is a big region, yes... but it's almost entirely working class. There's no money left in the town. National sponsors don't give a shit about our market, local sponsors either have no money, or are fed up with the club after all the bullshit of the past 10-15 years, some of it under our control, most of it not. Tinkler also disenfranchised a large portion of corporate supporters, and that goodwill with the community will take a long time to rebuild.
There are a lot of reasons why we are where we are, and mismanagement has played a significant role without question. Our argument is that there are systemic issues with the current TPA situation that makes it even harder than it needs to be for us to dig out of this hole. The only reason this is controversial is that supporters of successful teams under the status quo don't want us to devalue what their teams have achieved. That is fine, I don't mean to do that... But the situation is what it is, and to be honest I feel for a club to get out of this situation under the current rules is as much luck and gambling as it is good management.