// you’re reading...

News

XL Airlines Going Down…Please Assume Recovery Position

I was going to write an article today about my opinions on the appointment of Zola as manaer and the pending appointment of Steve Clarke as number two. But instead this morning I was graced with the news that our sponsers, XL Airlines have indeed gone bust.

Brilliant.

Well obviously it’s not all that brilliant at all, that was just sarcastic. (Although the prospect of not having a massive ‘XL’ on our shirts is quite appealing!) The news has been confirmed by various news sources this morning, BBC had this to say:

The group [XL] is the latest travel business to face financial difficulties, as the industry struggles with high fuel costs and an economic downturn.

“As the travel industry matures in Europe, there was always going to be pressure on those operating in the mid-market,” said Lastminute.com chief executive Ian McCaig.

We are never going to be entirley sure of the consequences this has for West Ham, but for the minute I’m thinking we probably can’t expect too many summer signings this year.

With this in mind, my thoughts on Zola and Co. will follow….

Sam

—————————

The West Ham Process is now part of the OnYaHead.com football blog network. I own and run the network, and if you know of anyone who would be interested in writing for their football club, please forward them on.
You won’t need to do anything different to keep getting West Ham news and opinion from the West Ham Process however.

Discussion

One comment for “XL Airlines Going Down…Please Assume Recovery Position”

  1. XL going bust effect us! You bet it will and has already, seeing has how our chairman’s bank is one of the main shareholders, it makes you wonder if the was another reason we are having to sell players off????

    Like or Dislike: Thumb up 0 Thumb down 0

    Posted by Joe90 | September 12, 2008, 11:05 am

Post a comment

Twitter Users
Enter your personal information in the form or sign in with your Twitter account by clicking the button below.

Anti-Spam Protection by WP-SpamFree

Do what you can:

As featured on NewsNow: West Ham United News West Ham News 24/7

Archives

Bad Behavior has blocked 24 access attempts in the last 7 days.