PS: about 1993, Albion could not pay the wages, so the priorities were different. £350K was a lot of dosh in those days, especially for a naff goalkeeper.
There are always the John Major-types around, that go into detail about some point but miss the main picture - "can't see the wood for the trees".
In 1993 there was still a recession on and to in 1995, so this meant:
1) the selling price of the Goldstone was the going rate for retail unit...
The mistake (gross incompetence or conspiracy) was not selling the Goldstone per se, but selling the Goldstone without having a feasible alternative.
The second mistake was not running a proper football club from 1993 to 1997 or thereabouts.
So the way I see it the problem was allowing power...
Aha. You may be right Lord Bracknell: the conspiracy theory.
I go for gross incompetence, not only in football but in planning matters. It don't matter and I am not about to split hairs. Who cares, its history now!
I can't see any new Manager being an ex-Arsenal player without any previous...
triptolemus
The appalling Management decision was made in the context of what was happening at the time:
Albion employed a big name (inexperienced) manager in Liam Brady and although the football was not terrific it was better than before, but, alas, the fans did not return or only at about 8...
The first meeting between Richard Knight and Bill Archer took place on 23 February 1997. Albion were still at the Goldstone and still bottom of the table.
(This is from consulting my old Albion notes. This would have been an official news release.)
The new Board started on 3 September 1997...
I go for the cock-up theory myself, over the conspiracy theory, i.e Bellotti and Archer were guilty of gross incompetence and arrogance rather than a sinsister plot.
I am not sure about Shoreham harbour though. I think the asset stripping plan for Shoreham harbour is more like a planning...
Have you gotta mortgage?
If you get Planning Permission to build a supermarket in yer back garden, it ups the value of your property, which means they (bankers) will let you go on a spending spree. You don't have to build the supermarket or even intend to. It is not even really sinister...