Nobby Cybergoat
Well-known member
- Jul 19, 2021
- 8,253
The single biggest driver of stupid salaries and transfer fees beyond the means of the club paying them is the difference in prize money between divisions. It works up and down the leagues and with getting into Europe but the best example is the clubs trying top get into the PL from the Championship.i dont understand why anyone thinks redistribution would solve anything. financial mismanagement causes collapse, more money just means more spending before that point.
Think about 50 years ago (or 30 or 60 or whatever). Clubs still wanted to be promoted to be in a division higher, but there was no incentive to spend 100%+ of turnover to get up a division and so clubs didn’t do it. (clubs still went bankrupt of course, but that was more down to general mismanagement than the chairman betting the whole farm on one promotion season).
My view is that greater redistribution will reduce the massive financial disparities between divisions and thus the likelihood of clubs going under. I’m not sure this regulator will achieve it, but it’s the outcome we should be looking at.
There’s also some real, there but for the grace of god stuff with us as well. We spent way more than we could afford to get up 6 years ago. We gambled and were one of the winners, but had Knocky done his cruciate at the start of the promotion season or some other misfortune befell us, we could have ended in a very deep financial hole, as some of the other clubs who couldn’t get up have done.
I'm not really comfortable with us as PL fans, when we were division 4 fans, looking down the leagues saying, no point in giving them any money, they will just waste it.