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Tuesday 12 October 2010

The Leverages Of Power – 3

As I suspected, there were more than a few Reds fans in attendance today at the Royal Courts of Justice. There will no doubt be more tomorrow, as Mr Justice Floyd, having heard arguments from the various protagonists, has decided he will give his judgment at 1030 hours on Wednesday.

Only then will there be any sign of the future direction of Liverpool FC. No doubt supporters of Man U will watch with an initial amused detachment, but they should study events closely. Their club is nowhere near this state yet, but given their losses, the amount of debt on the club, and the shaky state of the rest of the Glazer empire, they might do well to remember this week’s events.

Moreover, Alex Ferguson cannot go on for ever. And what happened the last time a long serving and successful Man U manager stepped down is a lesson in itself. Except that on that occasion, the club had not been piled high with debt.

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