Management blunder

[midlands exile]

No, nothing to do with Dougie (unless he sorts out the utility bills at the club).

http://www.bbc.co.uk/news/business-24492454" onclick="window.open(this.href);return false;

Homes and businesses have been left owing millions of pounds to water firms after signing up with a bill management company that has now ceased trading.... Money Box understands a range of businesses also signed up, along with several football clubs including Bolton Wanderers. The club said it was aware of this issue but would not comment.

Wonder how much this is going to cost the club?

[midlands exile]

Plus saw this last week, don't know if it is covered on any other thread (search didn't bring up any results):

http://www.manchestereveningnews.co.uk/ ... es-6150340" onclick="window.open(this.href);return false;

[DJBlu]

Club uses company that offers 8.3% saving that then goes bust is a managerial blunder?

Have a word, it's bad luck, simple as.

[midlands exile]

Club uses company that offers 8.3% saving that then goes bust is a managerial blunder?

Have a word, it's bad luck, simple as.

Andrew White from the council said customers should be aware of some of the pitfalls of having their water bills managed by a specialist firm: "If you take on a service where you make payments through a third party, there's a real need to be aware of the risks involved. That if those payments are not passed on to the water company, you could still be held liable for those."

I'd say being aware of those risks is exactly what the club's management are there for. The whole operation sounded pretty iffy, they couldn't even provide an explanation of how they were going to make those savings and keep the costs frozen - "just give us your money and let us worry about that".

If it sounds too good to be true, it usually is.

[Annoyed Grunt]

So this is why we've feck all money for transfers then........

[Hoboh]

Smartsource Water, the trading name for Smartsource Drainage and Water Reports Ltd, was founded five years ago by two former water company executives, Maureen Murphy and Peter Kaye.

Surely they must have seen the joke?

[CAPSLOCK]

So this is why we've feck all money for transfers then........

Bottling Quickquid left a bigger hole in the budget

[Turkish Trotter]

So this is why we've feck all money for transfers then........

Bottling Quickquid left a bigger hole in the budget

Yes a bigger hole by 1362%.