Garry Nelson's teacher
Well-known member
Clearly we live in testing times; even (especially?) the Prem League is not in a protective bubble.
- falling gate receipts is the most obvious but not the most important part of the mix
- as the likes of us cancel our Sky and BT subs, it's the over-reliance on this dosh as a revenue stream that will potentially sink some clubs:
TV rights were worth £2.45 billion in 2018/9
This comprised as much as 88.% of Bournemouth's income; Albion came in at 79.1%
If the season is cancelled it's estimated that each club could face a TV repayment of up to £762 million
Apparently huge amounts of money is tied up in transfer payments. Cash flow is significantly impaired.
To add other factors into the mix, clubs at all levels will be hit by the drying up of commercial sponsors if the threatened recession hits; and the beloved wealthy owners will (eg the saintly Mike Ashley) find it harder to dig deeply into their pockets. (Even the oil money might dry up; and certain Airline tie-ins don't look rosy right now given the state of the travel industry).
Figure sourced for today Daily Mail (which we get for our elderly neighbours, I hasten to add). TBH even if you divided all the figure by 10 it still makes for grim reading. After the feast, the reckoning?
- falling gate receipts is the most obvious but not the most important part of the mix
- as the likes of us cancel our Sky and BT subs, it's the over-reliance on this dosh as a revenue stream that will potentially sink some clubs:
TV rights were worth £2.45 billion in 2018/9
This comprised as much as 88.% of Bournemouth's income; Albion came in at 79.1%
If the season is cancelled it's estimated that each club could face a TV repayment of up to £762 million
Apparently huge amounts of money is tied up in transfer payments. Cash flow is significantly impaired.
To add other factors into the mix, clubs at all levels will be hit by the drying up of commercial sponsors if the threatened recession hits; and the beloved wealthy owners will (eg the saintly Mike Ashley) find it harder to dig deeply into their pockets. (Even the oil money might dry up; and certain Airline tie-ins don't look rosy right now given the state of the travel industry).
Figure sourced for today Daily Mail (which we get for our elderly neighbours, I hasten to add). TBH even if you divided all the figure by 10 it still makes for grim reading. After the feast, the reckoning?