Well that would certainly explain a lot with regards to the quality of the buildings put up by his company.
One thing that doesn't add up for me is that we signed the likes of Severin and Smith on big contracts at a time when we didn't have a high level of revenue.
Since then, we hit the jackpot and earned millions from a UEFA Cup run, the proceeds of which we were told would be invested in the playing squad over 3 years.
We should at the very least have the wages earned by Severin, Smith and Mair available to strengthen the squad if we assume the Europe revenue that has been deferred is swallowed up by the fall in TV revenue.