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[Football] Bolton Wanderers plight!



Mackenzie

Old Brightonian
Nov 7, 2003
34,017
East Wales
But within a short time any team that survives in the Premier league will be spunking most of that on players wages. No doubt any promoted team will bank a sizeable profit in their first season - just like Palace did - but wages will just eat the profits away in subsequent years.

Think about it, Palace are in their third season in the Premier league and, despite the obscene levels of the money, they have felt the need to get around £100m of external investment in order to try and bring the ground up to an acceptable, modern day level. On that basis, how on earth is Tony Bloom going to recover his incredible investment of around £200m In your club?

Thank god he's a genuine fan who has invested for that reason and not to just make money.
This is probably why we have invested so heavily in the youth structure at the club. There are no guarantees that we'll produce any top players, but Bloom has given us the best chance.
 




mikeyjh

Well-known member
Dec 17, 2008
4,607
Llanymawddwy
My thoughts exactly. Yes, clubs get a LOAD of cash for being in the PL, but it all gets spent trying to stay there, so no-one *really* makes any money.

It never ceases to amaze me how many successful businessmen – who HAVE made a load of money from other enterprises – think they can do the same with football clubs. Never gonna happen...

Exactly - This perception that clubs are suddenly rich and the future eternally bright when we all know the money ends up in the pockets of Carlos Kickaball and his agent Dave....
 


Goldstone1976

We Got Calde in!!
Helpful Moderator
NSC Patron
Apr 30, 2013
14,124
Herts
Same boat here. I feel its something all companies should do: mandatory wage drops in all contracts at all levels if revenue drops.

Firstly it would help companies keep their finances in order and secondly it would stop rewarding employees who have failed in their remit of creating profit.

If I widen your proposed solution to Football's financial woes to the whole private sector, it would look like it now does above. Never going to happen, is it?

Supply and demand in a capitalist society, innit?

I absolutely agree that footballs' finances are totally screwed, but until demand drops (people stop paying for Sky and BT Sports predominantly), the supply is always going to be really expensive.
 


father_and_son

Well-known member
Jan 23, 2012
4,652
Under the Police Box
Completely different to a Randy Lerner, or the Glaziers, or any number of Thai, American or middle eastern investors who are going in to Premier League clubs imagining they're going to be their ticket to fame .

Corrected for you. I believe, however crazy they appear at times, most are not stupid and know that owning a PL (or PL-Wannabe) side opens doors for their other business(es).
 








atomised

Well-known member
Mar 21, 2013
5,170
They got a 5 week deferral at their court date the other day to try to secure funding
 














Papa Lazarou

Living in a De Zerbi wonderland
Jul 7, 2003
19,361
Worthing
Well we have a top grade one so we can lift players from lower grading systems,thats the way it works!:moo:

When I was a lad I use to play football for Shoreham Boys... and one year we went to a football tournament is Nottingham (we stayed at Nottingham Uni and someone found a stash of porn mags in one of the rooms, I was young and naïve - it was a real eye opener).

Anyway - we played a team called Bolton Lads, which was basically their youth team at the age group (U15 perhaps). They were both massive, and skillful. I think we lost to them 6-1 in the group stages, and they won the tournament final 9-0 if I recall correctly.

My point? I believe Bolton used to have one of the better youth setups in the country back in the day - whereas now, we might be able to swoop and pick up some of their best talent on the cheap. funny old world.
 








El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
40,008
Pattknull med Haksprut
Football in the Championship, more so than at any other level of the game, is not sustainable.

Owners are gambling with their club's futures by underwriting losses that will could easily exceed £300,000,000 this season. Overseas investors are attracted to the lure of the Premier League, and so stick money into teams on a short term basis, then potentially lose interest.

Clubs that are relegated are saddled with contracts that are a huge drain, and whilst they receive parachute payments, these may be insufficient to pay the wage bill.

The biggest danger is the Premier League owners decide to cut their losses and stop having promotion and relegation. This would make their investments increase, as there is far less downside risk. TV companies would not care too much, as all they are interested in is showing matches from the top clubs anyway, as these deliver viewers (only the die hards and the desperate watched Swansea v Watford last Monday night on Sky).

The FA are effectively toothless, so would not be able to prevent this from happening I suspect.

If you take a look at the extent of foreign ownership in the PL, there is now

Arsenal (USA and Ukraine)
Leicester (Thailand)
Man City (Abu Dhabi)
Spurs (Registered in the Bahamas)
Man United (USA)
West Ham (Dildo Brothers)
Stoke (Local, owned by Bet365)
Palace (Significant USA ownership)
Liverpool (USA)
Southampton (Switzerland)
Everton (Currently up for sale, nearly sold to USA investors before Christmas)
Watford (Italy)
West Brom (Currently up for sale, nearly sold to USA investors before Christmas)
Chelsea (Russia)
Bournemouth (Russia/USA)
Norwich (Delia)
Swansea (Biggest shareholder is from South Africa)
Newcastle (Mike Ashley)
Sunderland (USA)
Villa (USA)

By all means claim that it wouldn't be the same for those clubs who are in a relegation dogfight, and matches will be meaningless if there is no threat of going down, but matches have been meaningless for the likes of Stoke, who finish 8th-14th every season, for the past 8-9 years, and it doesn't stop people attending.
 


Goldstone1976

We Got Calde in!!
Helpful Moderator
NSC Patron
Apr 30, 2013
14,124
Herts
.... matches have been meaningless for the likes of Stoke, who finish 8th-14th every season, for the past 8-9 years, and it doesn't stop people attending.

You know something - I honestly think it would eventually stop me attending, at least home games, which involves a 280 mile round trip. I'm really not sure I cba to travel all that way for yet another season of mid-table mediocrity. This is the big downside risk of promotion for me. Naturally, I want to go up - but once up, I'd want a relegation scrap or, preferably, a flirt with a cup or even Europe every now and again. Simply seeing our boys play one of the big boys every week would pale after a while.

Nice analysis, btw... :thumbsup:
 


atomised

Well-known member
Mar 21, 2013
5,170
You know something - I honestly think it would eventually stop me attending, at least home games, which involves a 280 mile round trip. I'm really not sure I cba to travel all that way for yet another season of mid-table mediocrity. This is the big downside risk of promotion for me. Naturally, I want to go up - but once up, I'd want a relegation scrap or, preferably, a flirt with a cup or even Europe every now and again. Simply seeing our boys play one of the big boys every week would pale after a while.

Nice analysis, btw... :thumbsup:

Im in a similar situation. I want us to get promotion. Im not sure how long premier league football would hold my interest for.
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
40,008
Pattknull med Haksprut
You know something - I honestly think it would eventually stop me attending, at least home games, which involves a 280 mile round trip. I'm really not sure I cba to travel all that way for yet another season of mid-table mediocrity. This is the big downside risk of promotion for me. Naturally, I want to go up - but once up, I'd want a relegation scrap or, preferably, a flirt with a cup or even Europe every now and again. Simply seeing our boys play one of the big boys every week would pale after a while.

Nice analysis, btw... :thumbsup:

Agreed, but for every person like yourself there's today a dozen football tourists who think football began in 1992, wear half and half scarves, want a 'matchday experience' in an anodyne sterile environment with other such modern day fans.

Both domestic and, increasingly, more importantly, overseas TV rights dictate what happens in the game.

'Boro have had their home match with Dirty Leeds moved to a Monday night next month with four weeks notice. The Football League, displaying their customary backbone of a jellyfish (what has happened to the QPR FFP fine for 2013/14? They have had a year to reach an agreement, and instead run scared of Fernandes' £1,000 an hour lawyers), and say they 'regret' the late change of kick off time, but cannot comment further for legal reasons.

This is the league that still lets Cellino effectively run Leeds, has a money launderer's cronies in charge of Birmingham City, as for Blackpool.........yet it claims it has a robust Owners and Directors test to prevent undesirables taking control of clubs.

Of course when their 'rights' are threatened (clearly we as fans don't have any rights any more, rugby fans can drink at the Amex but not football fans, can't be trusted you see) the long arm of the stewards is there within five minutes (as you saw at Rotherham) as they are desperate to fellate their paymasters from Sky.

Against Modern Football? Yup, it ain't going to get any better, but enough will be fooled by the constant bombardment from grinning goons and ghouls telling us how great the game is. Remember, every Sunday is a Super Sunday and there are plenty more suckers who will continue to believe the gobshites and pillagers of what was once a game.
 




Blue Valkyrie

Not seen such Bravery!
Sep 1, 2012
32,165
Valhalla
Football in the Championship, more so than at any other level of the game, is not sustainable.

Owners are gambling with their club's futures by underwriting losses that will could easily exceed £300,000,000 this season. Overseas investors are attracted to the lure of the Premier League, and so stick money into teams on a short term basis, then potentially lose interest.

Clubs that are relegated are saddled with contracts that are a huge drain, and whilst they receive parachute payments, these may be insufficient to pay the wage bill.

The biggest danger is the Premier League owners decide to cut their losses and stop having promotion and relegation. This would make their investments increase, as there is far less downside risk. TV companies would not care too much, as all they are interested in is showing matches from the top clubs anyway, as these deliver viewers (only the die hards and the desperate watched Swansea v Watford last Monday night on Sky).

The FA are effectively toothless, so would not be able to prevent this from happening I suspect.

If you take a look at the extent of foreign ownership in the PL, there is now

Arsenal (USA and Ukraine)
Leicester (Thailand)
Man City (Abu Dhabi)
Spurs (Registered in the Bahamas)
Man United (USA)
West Ham (Dildo Brothers)
Stoke (Local, owned by Bet365)
Palace (Significant USA ownership)
Liverpool (USA)
Southampton (Switzerland)
Everton (Currently up for sale, nearly sold to USA investors before Christmas)
Watford (Italy)
West Brom (Currently up for sale, nearly sold to USA investors before Christmas)
Chelsea (Russia)
Bournemouth (Russia/USA)
Norwich (Delia)
Swansea (Biggest shareholder is from South Africa)
Newcastle (Mike Ashley)
Sunderland (USA)
Villa (USA)

By all means claim that it wouldn't be the same for those clubs who are in a relegation dogfight, and matches will be meaningless if there is no threat of going down, but matches have been meaningless for the likes of Stoke, who finish 8th-14th every season, for the past 8-9 years, and it doesn't stop people attending.
If there is no relegation, what is to stop an owner fielding an amateur side and pocketting all the TV cash themselves ? ???
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
40,008
Pattknull med Haksprut
If there is no relegation, what is to stop an owner fielding an amateur side and pocketting all the TV cash themselves ? ???

Nothing, however as the PL may become a glorified franchise operation similar to the NFL, I suspect the club could lose it's franchise rights if the other clubs voted for it to be kicked out.
 


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