Originally posted on Mets Merized Online  |  Last updated 1/7/12
Now that I’ve established what Turnaround Consultants like CRG actually do, and that barely less than 10% of the businesses that contract them file for bankruptcy, here is what you can expect to see in the next 12 months. Like all the top turnaround consultants out there, CRG will do an exhaustive analysis on all aspects of the Mets business for the purpose turning around all the debts and losses and putting the Mets back into profitability and stability. That is their mission and as impossible as that may sound to the outside observer, it’s not. They will present the Wilpons with a full report including action steps that will turn this mess on it’s head and right the ship. Now none of this should be a surprise if you are a regular reader of MMO. I warned that there would be a big announcement immediately after the holidays that I could not discuss at the time. I warned about the cutbacks, I said payroll would be be $85M in 2012 and $70M in 2013 back in October among a laundry list ...
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