NICK WATKINS INTERVIEW: The managers that got away, the relationship with Di Canio and how close Town came to insolvency

LIFTING THE LID: Nick Watkins LIFTING THE LID: Nick Watkins

ON Wednesday, Swindon Town confirmed that Nick Watkins was stepping down as chief executive at the County Ground.

The announcement marked the end of an extraordinary five years for Watkins, who swapped LA for SN1 in 2008 and established himself as a favourite of the Robins faithful.

His experiences could fill several novels, but in an open and honest interview with the Adver, Watkins recounted half-a-decade of success, failure, misery and joy at Town.

It all began with a phone call from an old friend, Andrew Fitton, while he was working in the sunnier climes of California.

“I’d known Andrew for many a year and we’d often spoken about whether it would ever be possible to bring professional management into a sports environment,” he said.

“I was out in Los Angeles when Andrew called me and made mention of the fact that he had somewhere far more glamorous for me than Los Angeles should I return, and it was called Swindon.”

Watkins returned to the UK and met Fitton at the County Ground in late November 2007.

“I went into the boardroom and the whole club at the time was in a state of disrepair and there was definitely a smell of decay around. It was unloved.

“I went into the boardroom and there was Jeremy Wray, who I’d met several times previously. Paul Sturrock was there and announced he was leaving to go back to Plymouth.”

When Fitton’s consortium assumed control of Town on January 8, 2008, Watkins was tasked with taking a consultancy role overseeing the commercial side of the club.

Over 18 months that developed into his full-time placement as chief executive as his workload increased.

With Sturrock departing a new manager was needed at the County Ground, with Fitton in the end opting for Maurice Malpas.

“I think Andrew went in the press and said when he was looking for a new manager it would be important to find someone with League One or Championship experience,” said Watkins. “As you would expect, the fans upon hearing that drew up their own shortlist and they had all sorts of names.

“I think even Ian Holloway was seen in the stands disguised. The next thing I know is Andrew has made an appointment.

“I was told it was Maurice Malpas and I think I was as confused as the fans in terms of ‘who is Maurice Malpas?’ “I think there was a wave of disappointment among the fans. He had a fantastic playing pedigree but not a managerial pedigree that the fans related to.

“He wasn’t the most extrovert of personalities and he didn’t find it easy engaging with the fans. We began to sink in League One.

“A first class coach, Maurice, but probably not ready for management at that time - but a delightful man.”

Having recognised the error of his ways in appointing Malpas singly-handedly, Fitton included Watkins and Wray in the interview process the second time around.

With press interest in the vacant position high, the three decided to conduct interviews at The Feathers Hotel in Woodstock. Ian Holloway, John Ward, Richard Money and David Hockaday were all spoken to.

“Holloway was hugely energetic, an interesting character and knew a lot of the players because of his time at Plymouth and QPR,” said Watkins. “I think it was fairly apparent that Ian and Andrew might find themselves locking horns. (Ward) was a charming man but perhaps needed to get Carlisle out of his system.”

At the slighlty less luxurious surroundings of a hotel off the M1, the trio also met with Gary Speed.

“Gary was coming to the end of his playing career and I think the three of us were in agreement that we hadn’t met a more complete individual than Gary. He was very keen to get into management.”

However, Speed’s employers at the time, Sheffield United, were not willing to let him leave and Watkins & Co turned their attention elsewhere.

“Andrew was in America and we had long, late-night conversations about who it should be and Andrew was getting very anxious to make an appointment,” said Watkins.

Fitton plumped for Money, provided Newcastle did not demand compensation, but one call from Watkins soon established that he was not available for free.

Instead the Town board turned their attention to Danny Wilson, recently sacked by Hartlepool.

Watkins said: “I phoned Andrew to tell him Danny had been released and he said ‘I’ll think about it’.

“Andrew Fitton loved statistics and he analysed Danny’s win and loss ratio and told me it was worth a conversation.”

The relevant parties met in London on December 23, 2008 for breakfast.

“We all liked Danny enormously,” said Watkins. “Late that night I got a call from Andrew to say we had a Christmas present.”

Wilson helped guide Town clear of the drop before building a squad which took League One by storm in the following campaign.

Watkins fondly recalls the trip back from Leeds after a 3-0 win took Town second in the table. But things faltered in the final stretch, Town finished fifth, went to Wembley for the play-off final and lost.

“I was told by people who had Danny as manager before that you’d never get to know him but I like to think I got to know him quite well.

“For some reason I was engaged in various sorts of activities required by the Football League and I ended up in the changing rooms just as Danny was delivering his team talk.

“I remember Danny and I had talked about a great friend of mine who was dying of cancer, called Andy Ripley, and there had been an article in the press the previous weekend about Andy’s courage.

“Danny used this as his final rallying call and he said ‘go out there lads and like Andy Ripley, have no fear.

“I’ve got a qualification in executive coaching and the use of language and I remember thinking ‘that’s the worst thing you could have said’.

“For the first 30 minutes they had nothing but fear. The consequences of losing were devastating.

“I travelled back with Danny on the coach and it took an age to get down the M4. We were at junction 13 before Danny eventually uttered one word, so devastated was he.”

From then on things fell apart.

“At the chairman’s conference I saw Andrew Fitton talking to the chairman of Brighton. I said ‘what do Brighton want?’ He said ‘they’re interested in Gordon Greer’.

“I said ‘please, please don’t sell Gordon Greer. He is such an integral part of the team.’ “I think the general consensus was between Andrew and Danny that Gordon wouldn’t be a Championship player.”

Greer went to Brighton.

“For me, from my own perspective, it was one of the major reasons why we got relegated,” said Watkins.

“Gordon pulled them all together and that lack of cohesion in the changing room was what caused it to become fairly fractured.”

After the 3-0 defeat at Leyton Orient on February 8, 2011, Watkins bumped into Matt Ritchie - recently signed from Portsmouth - outside Brisbane Road.

“Matt just said ‘that was a shambles, things are desperately wrong in the changing room’.

“I tried to get some sports psychologists in and do some work with Danny but it was too late by then.”

Following a 4-1 thrashing at Southampton, the Town board met and decided it was time to end Wilson’s reign.

Fitton had already picked out Paul Hart as Wilson’s replacement with little consultation. It proved to be a monumental failure.

“The dressing room in my view was now dysfunctional and no matter how hard you tried it wasn’t going to be knitting together.

“I remember the Notts County game at home when relegation was virtually inevitable. We gave a goal away and the fans came down from the Arkell’s Stand and threw their season tickets into the dug-out and Paul Hart reacted very angrily. That really marked the end.”

Swindon had to prepare for life in League Two without Fitton. Hart was sacked.

“Paul played with the greats and had been managed by Cloughie and was a great raconteur but he didn’t have time to engage with the fans.”

Another new manager needed finding. Wray and Watkins spoke to John Hughes and Gus MacPherson, while Dietmar Hamann was interviewed at The Bear Hotel in Hungerford and Paul Tisdale showed interest.

None were discussed in as much detail as a former Swindon hero.

“We got into detailed discussions with Glenn Hoddle about Glenn coming back, but it meant Glenn folding his entire academy into Swindon Town and I just couldn’t see that working cohesively”.

Then the landscape changed.

“An agent asked if I’d be interested in talking to the ex-Brentford manager (Nicky Forster),” said Watkins. “I said yes and they said if I was interested in talking to an ex-player then would I be interested in another player who hasn’t managed called Paolo Di Canio.

“I innocently said yes, I’ll be honest with you - I didn’t quite know who Paolo Di Canio was.”

As Watkins was cycling with members of the office staff to Tranmere the following day, he told Wray - a West Ham fan - of Di Canio.

“We met Paolo a week or so later at the Runnymede Hotel and in walked this charismatic individual with dark sunglasses,” said Watkins. “For three hours he had us captivated by his views on football, his ethics, the importance of a wholly integrated club.

“The club needed resuscitating and we thought Di Canio would be more than capable of that.”

With majority shareholder Andrew Black convinced by Wray that the Italian would be a good investment, on a sizeable salary, Di Canio was appointed. In his early months in charge, the former Celtic and Lazio forward was quick to splash the cash on costly failures.

“I think they were probably considered to be mistakes, for sure.

“I think Paolo would be the first to acknowledge that there was a naivety in what type of player you need for League Two.”

Despite some transfer flops, Di Canio established a reputation as a talented tactician as he guided Town to the League Two title.

Over the summer, Black and the rest of the Swindon board committed to a £4million playing budget and new terms for Di Canio, which doubled his salary.

“The whole rationale was pitched was that we have the momentum and the ability to get a back-to-back promotion and send Swindon into the Championship - then the investment of Andrew Black and the other investors might have a chance of being realised.

“He was hopeful that he would sell the club early on and not have that burden but that sale fell away.

“There were a whole raft of reasons. I only met one member of the consortium but I’m told the money behind the consortium, the individual behind it, died and therefore access to funds was no longer there.”

With a proposed takeover in the summer of 2012 fallen by the wayside, Black had to back Di Canio for the whole campaign.

Black’s relationship with Fitton had deteriorated and his long-standing friendship with Wray was tested by Di Canio’s demands and actions.

“I think he began to get more and more irritated by some of the goings-on, some of the outpourings from football management about embargoes and restrictions being imposed on the club’s ambitions.

“He was also being advised away from football that maybe this wasn’t the best use of his funds. If you had slow Japanese water torture day in, day out there comes a time when you say enough is enough.”

That time came in early January, but it had been preceded by the removal of Wray as chairman.

“The relationship between Andrew Black and Jeremy Wray had become quite stretched and strained,” said Watkins. “Sir William Patey came in as the new chairman and Jeremy stepped aside. I had my own views on the manner in which that was done and probably given time again you could have orchestrated that in a slightly different way with the same result.”

On January 4, Watkins and the board were informed that Black was pulling out his funding. Although £4million had been pledged, that figure had not been delivered in its entirety.

“In January we were operating exactly in budget in terms of cash call,” said Watkins. “We were operating on budget on the commercial side and we were performing to expectation in terms of being third in the league when Andrew Black decided he had had enough.

“That’s his choice and one cannot but be grateful for the fantastic support he gave the club.”

That input was more than £10million over five years, but removing his money in the manner he did left Swindon with a race against time to avoid insolvency.

“We were snatched from the jaws of administration by Jed McCrory’s consortium,” said Watkins. “I know it was an incredibly tense time for everybody and none of us wanted to see the club go into administration.”

In order to secure Town’s future, Ritchie had to be sold. Di Canio did not take kindly to it.

“Without that the club would have been insolvent and we all know what insolvency means.”

After stating his position was untenable on February 1, Di Canio quit two-and-a-half weeks later.

“Everybody was disappointed that an incredibly colourful era in Swindon Town’s era and rich in terms of entertainment, enthusiasm, excitement should come crashing down when we were on the cusp of bringing new owners to the club and on the cusp of achieving what Paolo said we wanted to achieve.

“That’s a tragedy. I’ve found there is nothing so strange as football in the five years I’ve been at Swindon, and strange decisions get taken.

“The results are there for everybody to see but football lives on, you just have to pick up the piece of the fall-out and move the club on.

“It’s Walsall on Saturday. It’ll be the first home fixture in five years I’ve not been present at.”

Comments(50)

chalkswindon says...
6:37am Sat 9 Mar 13

Nick Watkins a gent to the end and great to hear some of his tales whilst at Swindon.

Thanks for supplying us with such a great interview.

swindonthruandthru says...
6:46am Sat 9 Mar 13

thank you Mr Watkins for all you have done for our club and all your hard work much appreciated.

sw1ndon says...
6:58am Sat 9 Mar 13

I would love to know who it was that died?

U REDS says...
7:13am Sat 9 Mar 13

What a fantastic read. Always so interesting to find out what goes on behind the scenes.

avo says...
7:18am Sat 9 Mar 13

Shame he can't pay on the turnstiles today, we could use the money!

smirg kcab says...
7:30am Sat 9 Mar 13

Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today

mgstfc says...
7:35am Sat 9 Mar 13

I have been fortunate to have spent time with Nick and I can tell you he is a hugely impressive, honourable and articulate man.
Our club is poorer for not having him here.
Whilst the new board have thrown us a lifeline I am still quietly anxious as to their ability to truly deliver what us fans really want - but I do hope I'm wrong and I do wish them well.....

MAC1967 says...
7:36am Sat 9 Mar 13

Great article and a brilliant insight into the last few years.

batch says...
7:48am Sat 9 Mar 13

One of the best interviews that Adver have run in ages.

Mr W, I'm sure you'll always be more than welcomed by fans in the stands if you want to come and watch a game. J

old town robin says...
7:58am Sat 9 Mar 13

I enjoyed reading that interview, it puts a lot into perspective of what we as fans suspected, but haven't been able to see the whole scenerio play out as it has.

It seems although there were a few good decisions and a catalogue of bad ones mainly made by Fitton in particular on the football side of his brief at least, it seems like he didn't listen to others and the sale of Greer was his and Wilsons catalyst to their own downfall.

Black also made some poor decisions especially in bringing Patey in and after pledging a budget of 4 million for this season, it's a pity he didn't have the decency to see it through. All of the chaos of the last 2 months could have been easily avoided if Black had been better advised.

A board in disarray so to speak, a Wilson dressing room torn apart and until Di Canio arrived a management set up the least said about the better.

As business people apart from Nick Watkins the whole lot of them have shown a distinct lack of professionalism, we can but hope the new lot do better, but they'e lack of visibility on the funding side are a worry, but they have to given the benefit of the doubt.

Jets there'd says...
8:03am Sat 9 Mar 13

Nick Watkins was great for Swindon Town FC & bought a huge amount of professionalism to the Club.
He was often seen at half time walking around the Arkells stand observing everything was in order.
Lets hope someone equally knowledgable is bought in behind the scenes.
Good luck Nick & thanks.

(Newbury Robin; see you in the bar before the game today)

London Red says...
8:06am Sat 9 Mar 13

Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!

arkells says...
8:07am Sat 9 Mar 13

a fantastic read and an insight into what was going on at sn1, mr watkins i thank you from the bottom of my heart for what you have done to our club, as fans we never really knew what was going on, all though people had there views and ideas, now that you have spoken about the way the club was nearly lost, there is no words i can express what to say just one big massive THANK YOU, and there it goes and shows just what a fool di canio was, a spoilt child who couldent get his own way, and even though he knew the club was close to ending.

Stickshaker says...
8:11am Sat 9 Mar 13

Cheers Nick, management by 'hand grenade' eh!

35 year fan says...
8:18am Sat 9 Mar 13

smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.

mgstfc says...
8:20am Sat 9 Mar 13

What NW didn't mention in this interview was that when Fitton et al originally purchased the club we were 'minutes' away from 'going under' then as well....
Wow - what a 5 years..!

davel4848 says...
8:30am Sat 9 Mar 13

This interview says very little that we didn't know already, apart from the doubling of PDC's salary.

Haydonender says...
8:32am Sat 9 Mar 13

Fascinating read, obviously only his side of the story but very interesting to hear some of the goings on of the last few years.

Chish and Fips says...
8:34am Sat 9 Mar 13

35 year fan wrote:
smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.
Thank you for the distant opinion as an outsider from up the A420 ...
I'd be more cynical about your own teams demise and the unrest though if I was you, unless you have come to your senses and moved across from the dark side.

NewburyRobin says...
8:40am Sat 9 Mar 13

Jets there'd wrote:
Nick Watkins was great for Swindon Town FC & bought a huge amount of professionalism to the Club.
He was often seen at half time walking around the Arkells stand observing everything was in order.
Lets hope someone equally knowledgable is bought in behind the scenes.
Good luck Nick & thanks.

(Newbury Robin; see you in the bar before the game today)
Indeed Jet, young Charlie & I will be there from about 2pm.

SirReg says...
8:51am Sat 9 Mar 13

It seems clear to me that the real reason for Di Canio's desertion was that he thought the club was going to the wall and wanted to limit the damage to his own "brand". The words "rat" and "sinking ship" spring to mind. God help the club daft enough to hire the egomaniac.

red ed says...
9:05am Sat 9 Mar 13

35 year fan wrote:
smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.
I agree. After all, didn't Black say he didn't see the new PDC deal until after it was signed? Also, NW says everything was ran to budget, did we budget to break the wage cap then?

As CEO he could also have ensured the 2012 accounts were filed on time. Now overdue, again. Until those come out we won't really now how much was spent or where it went in our league two season.

There are many big egos involved here. Overall I am very thankful for the last 5 years, but I won't believe all the individual takes on it.

Brainy_G93 says...
9:06am Sat 9 Mar 13

SirReg wrote:
It seems clear to me that the real reason for Di Canio's desertion was that he thought the club was going to the wall and wanted to limit the damage to his own "brand". The words "rat" and "sinking ship" spring to mind. God help the club daft enough to hire the egomaniac.
I think you're spot on SirReg.

jayden says...
9:08am Sat 9 Mar 13

At last some honesty ,you will be a great lost to ST all the best.

the don69 says...
9:10am Sat 9 Mar 13

London Red wrote:
Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!
Well done Sam a good interview!thanks to Nick for all his hard work!what a plonker that Fitton was on Football,Malpas,then he wanted Money,could have had Hollaway,but he wanted a yes man!all I said about Fitton was right,he never had a clue,I rest my case me lord!!!!!!!!!!!!!

Oi Den! says...
9:12am Sat 9 Mar 13

London Red wrote:
Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!
But we were also told that PDC had spent almost the entire season's budget at the beginning of the season, so I don't think there's much doubt about wild spending causing the transfer embargo. The fact is that budgeted spending was exceeding 65% of budgeted "turnover" - and Black dug Di Canio out of his embargo with a further injection of equity. Having done that, he gets accused by the manager of lacking ambition!

As Watkins says, there comes a point when enough is enough. It's all very well to say Black should have seen it through but we are talking about extraordinary circumstances here, with a manager who, with his wild threats and allegations, was consistently biting the hand that fed him, when he should have been grateful that his salary had been doubled and he'd been given a budget that was huge by League 1 standards. I'm surprised that Black stuck it out for so long. Maybe he should have sacked Di Canio when he sacked Wray. I think he probably would have done if he thought he could survive it. But such is the force of Di Canio's personality and popularity, he was effectively calling all the shots. Black could not possibly have got rid of him, so the only way of ending the relationship was for Black himself to quit.

All along, I've held the view that losing the backing of the Fitton consortium would be a much bigger blow than losing Di Canio. Now both events have happened, I feel exactly the same. If Fitton, Wray, Arbib and Black could repair their differences, I would be delighted to see them come back to our club. Sadly, I can't see that ever happening. But I'm afraid Di Canio will be trouble wherever he goes - despite his many good points. I'm glad his era is over.

NORTH STAND says...
9:15am Sat 9 Mar 13

SirReg wrote:
It seems clear to me that the real reason for Di Canio's desertion was that he thought the club was going to the wall and wanted to limit the damage to his own "brand". The words "rat" and "sinking ship" spring to mind. God help the club daft enough to hire the egomaniac.
So for the first time a club official we learn that the playing budget was agreed, wasn't broken and that following a fallout with his friends Andrew Black simply walked away leaving a total train wreck.... and you conclude that PDC lacks integrity.... and then you wonder why other football fans think we're a bunch of yokels.... beggars belief some of the pitchfork crew that appear on here!

Administration is coming boys - it's just a matter of when we take the points hit...

old town robin says...
9:17am Sat 9 Mar 13

35 year fan wrote:
smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.
where does it say he said he got everything right, I had to read the article again to be sure I hadn't missed it, please enlighten me, as I couldn't find it.

I'm sure Nick Watkins will have some regrets on his own remit, which by the way was more to do with the commercial side and not with finances and the football side which this article is mostly about. Off the top of my head I can't think of any poor decisions made by him which were questionable, Again if you can think of one please share it with us.

I agree it is only Nicks point of view, but if it's the truth how else could he have written it, I would have liked to have heard his thoughts on the sale of Charlie Austin and Clarkegate, but there is only so much he was prepared to say, so overall I think it was a good article, albeit a mention of his personal regrets, may have added a bit of balance to it.

Oi Den! says...
9:17am Sat 9 Mar 13

the don69 wrote:
London Red wrote:
Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!
Well done Sam a good interview!thanks to Nick for all his hard work!what a plonker that Fitton was on Football,Malpas,then he wanted Money,could have had Hollaway,but he wanted a yes man!all I said about Fitton was right,he never had a clue,I rest my case me lord!!!!!!!!!!!!!
But Don, who knows whether Holloway would have been any good for us? He'd been sacked by Bristol Rovers, QPR and Leicester. And how did anyone know that Malpas wouldn't work out? Hindsight gives us 20-20 vision!

fredi says...
9:19am Sat 9 Mar 13

Sir reg nothing could be further from the truth. Di Canio was clearly given assurances by the Board and they let him down when Black welched on the deal. There was obviously a plan and budget in place to get us to the Championship which was attractive enough to get di Canio on board and please let's not rewrite history, the last two seasons have been two of the best and most memorable in my 20 plus years of following Town. Di Canio is clearly a man of huge principle who considered the Board's broken promises meant he had to resign - if it was all about ego, he would not have walked but claimed the glory for two back to back promotions. The truth is that Black helped save our club once (thank you) but singlehandedly nearly destroyed it...Jed and his team are the latest saviours, but I wait nervously before giving thanks....

NORTH STAND says...
9:24am Sat 9 Mar 13

Den if you were twelve or stupid comments like 'the fact is' 'wild spending' 'budget was blown at the start of the season' 'threats and allegations' etc would be understandable but you're not so your motivation seems odd....
You've got the 'non-foreign' mediocrity you craved so why not let it go? Are we now in self justification mode? there are people you can talk to...

the don69 says...
9:28am Sat 9 Mar 13

Oi Den! wrote:
the don69 wrote:
London Red wrote:
Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!
Well done Sam a good interview!thanks to Nick for all his hard work!what a plonker that Fitton was on Football,Malpas,then he wanted Money,could have had Hollaway,but he wanted a yes man!all I said about Fitton was right,he never had a clue,I rest my case me lord!!!!!!!!!!!!!
But Don, who knows whether Holloway would have been any good for us? He'd been sacked by Bristol Rovers, QPR and Leicester. And how did anyone know that Malpas wouldn't work out? Hindsight gives us 20-20 vision!
All a matter of choice Den!Fitton's on Football manager's were poor,because he was a control freak and couldn't work with manager's who run things their way,he liked to interfere in the playing side of things,when should have stuck to the business what he's good at!!!!!!!!!!

mallorca says...
9:33am Sat 9 Mar 13

So good to hear the TRUTH FINALLY:
Club were mad to give pdc that Buget and salary.No doubt will cost us in the long run.
Hwe all were a mega rich Board with Millions tec yet look what happened.
As for situation mow Embargo.owe money for ex staff I sometime feel STFC do not the luxk to have the SUPPORT they have.Now all we need is for Jed and Co come clean and e honest.
Article made good reading but just shows whitout the MR Sale and the new owners we would not have a club.
So thats just why Pdc walked??

So the time has come to cut there clothWe do not have Millionare backers just normal guys who saved us hope it all works out.
Time to look for survival and consolidation I do wish the NEW BOARD WELL and hope all fans do see how cloes they came yet agai to not having a CLUB

Another view says...
9:39am Sat 9 Mar 13

What a fascinating read. Big egos and big money backers who probably didn't understand football clubs, which let's face it are very rarely run as proper businesses.

Throw into that the mercurial / selfish attitudes of lots of players and their agents, and you have the reason so many of us can't wait to get to the County Ground today to witness the start of a new chapter.

Of course quality football is the main draw, but you sort of know it's rarely going to be 'just another
day at the office' at the County Ground!

clunge_meister says...
9:41am Sat 9 Mar 13

Oi Den! wrote:
London Red wrote:
Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!
But we were also told that PDC had spent almost the entire season's budget at the beginning of the season, so I don't think there's much doubt about wild spending causing the transfer embargo. The fact is that budgeted spending was exceeding 65% of budgeted "turnover" - and Black dug Di Canio out of his embargo with a further injection of equity. Having done that, he gets accused by the manager of lacking ambition!

As Watkins says, there comes a point when enough is enough. It's all very well to say Black should have seen it through but we are talking about extraordinary circumstances here, with a manager who, with his wild threats and allegations, was consistently biting the hand that fed him, when he should have been grateful that his salary had been doubled and he'd been given a budget that was huge by League 1 standards. I'm surprised that Black stuck it out for so long. Maybe he should have sacked Di Canio when he sacked Wray. I think he probably would have done if he thought he could survive it. But such is the force of Di Canio's personality and popularity, he was effectively calling all the shots. Black could not possibly have got rid of him, so the only way of ending the relationship was for Black himself to quit.

All along, I've held the view that losing the backing of the Fitton consortium would be a much bigger blow than losing Di Canio. Now both events have happened, I feel exactly the same. If Fitton, Wray, Arbib and Black could repair their differences, I would be delighted to see them come back to our club. Sadly, I can't see that ever happening. But I'm afraid Di Canio will be trouble wherever he goes - despite his many good points. I'm glad his era is over.
I think the bit about spending the money at the start of the season is misleading. Contracts were signed, particularly player salaries, to spend the money over the season to a budget. Once signed you are committed.

When the plug was pulled those contracts could not he honoured and doo doo collided with the fan.

It seems to me we simply could not afford paolo under the new regime, and all the other stuff may be just noise.

redjet says...
9:42am Sat 9 Mar 13

Me and Mr Watkins have had a few run ins over the years culminating in him ignoring my emails (I can be a bit of a pest) but I can honestly say I am sorry to see him leave. I believe that whatever he has done, right or wrong he has always considered it was in the best interest of the club and not for his own personal gain. I have watched him at work inside the club on non match days and he is hard on his employees but fair. I think he will be sorely missed and hard to replace. I think I can say on behalf of all true Town fans, thanks and good luck in your future.

mancrobin says...
9:50am Sat 9 Mar 13

London Red wrote:
Wow what a read!
.
Some really interesting things in there
.
One thing has finally been made Crystal clear - Fitton did NOT sell Greer alone - it clearly says Wilson and Fitton didn't think he was a Championship player and agreed to the sale!!!!!!!
.
Also clearly states we are in budget this year - so PdC did not blow it as some have said - we clearly hit embargoes as Black never put in the pre-agreed funding - not by wild spending!
.
I'm totally shocked that Black agreed to a budget and doubling PdC's salary with no intention at all of seeing it through!
.
Sorry - but still think once that sale fell through he should have seen out the budget HE agreed to!
That might be one way of reading it LR but you have conveniently forgot to mention the bit about Japanese water torture. It is clear to me that Black eventually got sick of the immature rants that were coming from the manager.

There's an old saying, "Don't bite the hand that feeds you".

Ultimately my take on it is that it was DiCanio's behaviour that precipitated the early sale and cost us Matt Richie. I'm just glad that DiCanio went before he had a chance to cause more damage to this club.

mancrobin says...
9:58am Sat 9 Mar 13

NORTH STAND wrote:
SirReg wrote:
It seems clear to me that the real reason for Di Canio's desertion was that he thought the club was going to the wall and wanted to limit the damage to his own "brand". The words "rat" and "sinking ship" spring to mind. God help the club daft enough to hire the egomaniac.
So for the first time a club official we learn that the playing budget was agreed, wasn't broken and that following a fallout with his friends Andrew Black simply walked away leaving a total train wreck.... and you conclude that PDC lacks integrity.... and then you wonder why other football fans think we're a bunch of yokels.... beggars belief some of the pitchfork crew that appear on here!

Administration is coming boys - it's just a matter of when we take the points hit...
Someone else who has half read the article.

Psychedelic Syd says...
10:04am Sat 9 Mar 13

Fascinating read and interesting to see how many rumours had more than a grain of truth in them. Fitton saved our club but it does sound like he made too many foolish autocratic decisions. I don't get the financial idiocy coming from supposedly high flying business people. It sounds like we have been very lucky to escape administration and also get rid of a massive salary commitment. Let's hope the club is better managed going forward.

Interesting the stuff on Wilson, how did he get another job? He's not done badly at Sheff Utd but maybe it's time for him to lose that dressing room too.......

I think Paolo will come to regret his rashness and his often bizarre actions and statements won't endear him to most future Chairmen. He will struggle to find another club willing to give him a chance. If Black was concerned about Holloway then what will people think about PDC? They'll run a mile! Mind you, thinking about PDC's mindset, nothing will ever be down to him in his eyes. Always everyone else's fault if it goes pear shaped and down to him if it's successful.

Let's hope the new era with Kevin M gets off to a great start at home today. COYMR.

davel4848 says...
10:23am Sat 9 Mar 13

mancrobin wrote:
NORTH STAND wrote:
SirReg wrote:
It seems clear to me that the real reason for Di Canio's desertion was that he thought the club was going to the wall and wanted to limit the damage to his own "brand". The words "rat" and "sinking ship" spring to mind. God help the club daft enough to hire the egomaniac.
So for the first time a club official we learn that the playing budget was agreed, wasn't broken and that following a fallout with his friends Andrew Black simply walked away leaving a total train wreck.... and you conclude that PDC lacks integrity.... and then you wonder why other football fans think we're a bunch of yokels.... beggars belief some of the pitchfork crew that appear on here!

Administration is coming boys - it's just a matter of when we take the points hit...
Someone else who has half read the article.
Maybe NORTH STAND should be posting on his own club's forum, instead of being so interested in ours.
We are sorted now, unlike either Bournemouth or Oxford.

Oi Den! says...
10:44am Sat 9 Mar 13

NORTH STAND wrote:
Den if you were twelve or stupid comments like 'the fact is' 'wild spending' 'budget was blown at the start of the season' 'threats and allegations' etc would be understandable but you're not so your motivation seems odd....
You've got the 'non-foreign' mediocrity you craved so why not let it go? Are we now in self justification mode? there are people you can talk to...
Right. Let's get a few things clear.

1. I did not want Di Canio to leave. I said so on here on many occasions. Even after he had quit, I said I hoped he would change his mind. n my post above I was trying to rationalise the situation and understand the reasoning for Black's departure. Although I did not want Di Canio to go, I now believe it was probably best for the club.

2. I did not say the "budget was blown". I said we were told that most of it had been spent at the start of the season

3. "Wild spending" was not my phrase. I was quoting another poster. Choose whatever phrase you like, but it amounts to the same thing. We were placed under a transfer embargo because we exceeded the prescribed expenditure levels in relation to income. Yes, "the fact is..."

4. You can dispute the fact that there were threats and allegations if you like but you will be flying in the face of the evidence. Di Canio threatened to resign on more than one occasion. He also used the media several times to accuse his employers of lacking ambition. I witnessed him making aggressive physical gestures to the directors during and after games.

5. Well done. You've managed to insult me and the new manager in one fell swoop with "You've got the 'non-foreign' mediocrity you craved." What kind of supporter calls a new manager a "mediocrity" when he has been in the job barely a week and has apparently already given the players a big lift? And your thinly veiled suggestion of racism is disgusting. I have never once suggested that the manager's nationality has anything to do with his ability to do the job. Amongst my friends are people of many different races and I'm sure every one of them would be as disgusted as I am at your suggestion.

6. You seem determined to refuse to accept the fact that Paolo Di Canio is a complex and confrontational person. He is not all good and he is not all bad. I do believe that his ego is likely to get the better of him wherever he goes. It will always end in tears.

If you want pick a fight with me, fine, but please stick to the football and leave the accusations of racism mental instability out of it.

Davethered says...
10:51am Sat 9 Mar 13

I thought this was a great read , but I've also found the last couple of weeks very boring , anybody else feel the same . Just waiting for the hand grenade to go off now.
Going for a 3-1 Win today

London Red says...
11:06am Sat 9 Mar 13

I'm with clunge this he spent the entire budget in one go is total nonsense
.
Footballers are not paid up front!
.
If he spent "£4m in Aug" -that avtually means the player signed up have a combined monthly salary of £333k
.
So in Aug he has spent £333k not £4m that then becomes £666k in Sept and so on - it only becomes £4m in July!
.
Yes the £4m goes into the FL wage budget - but if we sell one and the monthly salary drops to £300k annual spend also drops to £3.6m in the FL budget (not quite as some month would have already been spent)
.
Who would actually want a manager to be given a £4m annual budget but only use £3m of it?????
.
We won't need £1m of loanees!
.
Also it is been spelt out very clearly that budgeted losses were in there from the start - that always required Black to put equity in to cover them!
.
There is no way we could have a £4m budget without is as that needs revenue at over £6m and we do not get that in L1!
.
So he didn't bail PdC out - he simply injected PLANNED equity in Nov instead of Jan - as it would HAVE to been put in at some point!!!!
.
Especially as we were told the budget was always planned to be increased at that point to £4.5m!
.
As for he grew tired of PdC - then why not simply sack him rather than nearly put the club out of business????

jayden says...
11:15am Sat 9 Mar 13

You can read pdcs view on what Nick said on the BBC web site.Not happy"

buckobassettboy says...
11:34am Sat 9 Mar 13

Somebody pass me the can opener-got another can of worms to open.

SPIDEY43 says...
11:37am Sat 9 Mar 13

A GREAT READ
A GREAT AMBASSADOOR FOR THECLUB THANKS FOR THE
MEMORIES

London Red says...
12:30pm Sat 9 Mar 13

PdC has completely missed the point on this one!
.
NW was clearly talking about Clarke, Touhe etc when he said he was clearing up after PdC - NW clearly gave him lots of credit for the way he rejuvinated the club - so why PdC refers to that?????
.
PdC comments have been added to the hand grenade article if anyone is looking for them

smirg kcab says...
12:32pm Sat 9 Mar 13

35 year fan wrote:
smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.
Good point F off Watkins lol
O&u

35 year fan says...
2:58pm Sat 9 Mar 13

old town robin wrote:
35 year fan wrote:
smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.
where does it say he said he got everything right, I had to read the article again to be sure I hadn't missed it, please enlighten me, as I couldn't find it.

I'm sure Nick Watkins will have some regrets on his own remit, which by the way was more to do with the commercial side and not with finances and the football side which this article is mostly about. Off the top of my head I can't think of any poor decisions made by him which were questionable, Again if you can think of one please share it with us.

I agree it is only Nicks point of view, but if it's the truth how else could he have written it, I would have liked to have heard his thoughts on the sale of Charlie Austin and Clarkegate, but there is only so much he was prepared to say, so overall I think it was a good article, albeit a mention of his personal regrets, may have added a bit of balance to it.
i'm thinking of what he writes about manager hires, he writes as if he was a central player in hiring all the successful ones, but when it comes to malpas and fitton it was apparently all the chairman's doing and nothing to do with him at all.

then he throws in that he told them not to sell greer and how he instantly knew wilson's wembley speech was terrible. as for the last 12 months, he makes it sound like he was just an observer.

look to an outsider its all a fascinating story with a new twist virtually every day. but when you read the personal accounts everyone just sticks the knife into everyone else and takes responsibility for nothing. its a car crash where no-one admits they were driving the car.

35 year fan says...
3:54pm Sat 9 Mar 13

Chish and Fips wrote:
35 year fan wrote:
smirg kcab wrote:
Apart from Wilson you got everything right
Good luck mr Watkins
Onwards and upwards
You would be welcome in the town end today
i am more cynical than you guys. yes he says he got everything right. doesnt it strike you as amazing that every poor decision was apparently someone elses and nothing to do with him? even though he was chief executive?

but he's very happy to blame everybody else, including the guys who paid his wages and of course pdc.
Thank you for the distant opinion as an outsider from up the A420 ...
I'd be more cynical about your own teams demise and the unrest though if I was you, unless you have come to your senses and moved across from the dark side.
off pitch events much more exciting at your place fishy. and i suspect the excitement hasnt finished yet.

with us its just another usual story of a club stuck in mid division too long, some v poor home performances and time for a new manager to freshen things up and cheer up the fans. but not pdc please.

click2find

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