[Football] Championship Bubble waiting to burst?

[Doc Lynam]

https://www.bbc.co.uk/sport/football/50674331

How long can this last before larger clubs are wrecked?

 

[Harry Wilson's tackle]

Not news....

 

[Chicken Run]

Have to say whilst the subject was depressing new for EFL clubs Radio 5 was a joy without GE/Brexit bollox, I even learnt there where many different types of eating disorders!

 

[KZNSeagull]

Have to say whilst the subject was depressing new for EFL clubs Radio 5 was a joy without GE/Brexit bollox, I even learnt there where many different types of eating disorders!

I agree, other than Rachel Burden bursting into tears. Chloe Tilley cutting off callers who started talking politics was a highlight. I did not hear the chief DULLARD either - would have thought he would have been all over this story. Has he been sacked?

 

[Rugrat]

Not news....

Precisely ... 'No shit Sherlock' sprang to mind

 

[pasty]

And there was me thinking FFP was brought in to prevent clubs overspending. Oh well.

 

[AmexRuislip]

https://youtu.be/2xzGy48h4Mw

Courtesy of [MENTION=31]El Presidente[/MENTION]

 

[Brovion]

Given our losses it might be worth pointing out to the Championship clubs that getting to the PL doesn't mean hitting some sort of financial jackpot that solves all your financial problems and clears all your cumulative losses. Ok it can do, but not if you promptly spend all the new-found dosh on PL transfer fees and wages, which are MUCH higher than Championship fees and wages. The income goes up massively, but if the costs also go up massively then you're where you were before.

 

[SAC]

And there was me thinking FFP was brought in to prevent clubs overspending. Oh well.

It would have. The initial introduction of FFP stopped clubs going tits up, clubs had to keep to the limits but then went and voted to massively increase the limits (and their debts).

£5 million per club was probably manageable by most but rich owners wanted to right to gamble the future of a club on getting into the PL by increasing that limit to £13 million. Even this isn't enough for some clubs.

 

[Icy Gull]

Fabulous division if you’ve got a half decent squad and it’s not your money disappearing down the drain every time you fail to get promoted

 

[Lower West Stander]

Given our losses it might be worth pointing out to the Championship clubs that getting to the PL doesn't mean hitting some sort of financial jackpot that solves all your financial problems and clears all your cumulative losses. Ok it can do, but not if you promptly spend all the new-found dosh on PL transfer fees and wages, which are MUCH higher than Championship fees and wages. The income goes up massively, but if the costs also go up massively then you're where you were before.

True, but it’s the value of the club rather than its financial performance which makes owners take chances.

Profitability doesn’t really come into it. Equity tends to be valued on growth rather than the bottom line.


Sent from my iPhone using Tapatalk

 

[Brovion]

True, but it’s the value of the club rather than its financial performance which makes owners take chances.

Profitability doesn’t really come into it. Equity tends to be valued on growth rather than the bottom line.


Sent from my iPhone using Tapatalk

Yeah, valid point. I forget that not all owners are fans like TB, some just see it as an asset to exploit and then sell.

 

[Milano]

The Price of Football podcasts are a great listen if you’re interested in this subject.