Re: Phil increases stake in club
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And with this latest injection, we will still be sustainable.
But when Phil says "What’s clear though is that costs have risen dramatically in the past few years"
He means player wages, everything else is just normal inflation.
And as Chairman, he's voluntarily paying those wages at the level necessary to compete. He could refuse to play a part in wage inflation, but without all the other owners doing so, from the Conference to the Championship, he'd get crucified and we'd be rather uncompetitive.
So he either plays the game and keeps coughing up as costs spiral, or gets out, and he has no interest, fortunately, in getting off them pot.
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