“The team was going nowhere and the company was in grave danger of heading towards oblivion”.
There were, as the club’s well-researched history book continues, no substantial assets and no money to bring in any decent players. The bank was largely in control of what the club could do.
St Johnstone had finished the 1985/86 season in sixth place in the 14 team Second Division - 30th in the Scottish league - and attendance figures were dwindling. Only 23,000 had turned up for the 23 home games.
