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  • Thread starter dons_r_us
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a cautionary tale innit ?

Just can't believe the VFL didn't even do the most cursory of due-diligence work in regards to Edelstein and his suitability (or indeed ability to pay) to own a footy club.

Oh well - its hard for us to appreciate this today but back in the mid-80s every entrepreuer played loose with the rules and ran a cowboy operation funded by other peoples money. Edelstein and Powerplay were really no better (or worse) than outfits like Bell Resources, Pyramid Building Society or Quintex.

Looking back on those days now it just beggars belief how the VFL could have been so naive and believe sharks like Edelstein really had footys best interests at heart.

cheers
 
Part 2 of BomberBlitz.com's investigation into the AFL's follys which were the Swans and Bears in the 80's/early 90's is now up.

Part 2 follows the Swans from 1988-93.

Head over to www.bomberblitz.com and click on the Columnists link on the left.

Not blowing my own trumpet, but's it's an interesting read!
 

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