Dear Ig,
So, before a ball has been kicked, yet more of my hard-earned wonga is going
on Martin's hobby. But this time he's promising me some kind of a return on
my investment. So far in our life together, that sort of end-of-the-rainbow
spiel from my beloved has yielded us some PVC double-glazing; one or two
pieces of odd-looking furniture; ninth place in Division One; and two
children. Mixed bag of a track record, I'm sure you'll agree.
Anyway, I'm writing to find out what it's all going to be about. Is Martin
thinking clearly? Has he done his research? Have Watford? Which of the clubs
that have previously floated on the Alternative Investment Market are in the
black, which are giving Alternative Investors (is that like alternative
comedy - craaaa-zier than the off-the-shelf variety?) some payback on their
bravado? Well, I don't know. And neither does Martin, although he's promised
to ask a guy he was at primary school with who's now mixed up in the sort of
legalised criminal activity that comprises most stockbroking for advice that
might give us the jump on other investors. The club say a prospectus is
coming out in a couple of weeks, but in my experience those things have all
the accuracy of a Tesco online order form and all the readability of those
stupid text message things. All I know is that ending up in the red or black
is not going to be the same as just picking which of them you have your kit
shorts in.
And how much are Watford seriously trying to raise, and to what ends? Are we
now all going to receive a dividend if the club turns a profit? So much so
that Martin will suddenly be baying for the blood (or just the lucrative
sale) of younger players he previously loved, wanted and valued as highly as
our own...okay, maybe not our own children, but certainly the offspring of
all our close friends? That's what investment means to people at the moment;
sure, in our parents' day, it meant long-term commitment and gradual accrual
of a mild, though not insubstantial, upside until you could afford to pay for
a respectable-sized do for your daughter's wedding. Now? Now, everything is
NOW, it has to make big bucks NOWNOWNOW. If you haven't made a killing the
same week, the same day, you're a worm who deserves the fate of...I don't
know, something nasty, though. You see, Ig, I can't think like that, even
for a moment. Isn't this club he and you are so in love with supposed to
have a different ethos from all that? I know, Martin's explained to me that
this is a whole new world you're entering, that it's like leaving home to go
straight into a marriage, or at least a lovenest, with a fabulously wealthy,
incredibly sophisticated European superstar, and that you have to take the
rough (how he treats some of your old friends) with the smooth (his plans
for the two of you; his head), and no, you can't keep comparing your new
love to Daddy, because that won't do anyone any favours, and Daddy's not
coming back, no matter what, because he warned you, if you move in with that
man, don't come crying to me, I'm moving to the Midlands and not leaving a
forwarding address.
I know all that - but still, Ig, are you sure we should be co-operating?
Please, tell me - what's it all about? And why do Martin's eyes go all
glassy when he stares for too long into a photo of that funny-looking chief
executive of yours?
Hope to hear from you soon.
Mrs MB
(2/7/01)