Marty___Mcfly
I see your wicked plan - I’m a junglist.
- Sep 14, 2011
- 2,251
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€590 in debt and still FFP compliant?
- Thread starter Marty___Mcfly
- Start date
Cheshire Cat
The most curious thing..
If its only E590, that's quite good - virtually break-even
€590 isn't that bad really.
Sell a few replica kits, problem solved.
Sell a few replica kits, problem solved.
timco
Well-known member
I think an m is missing €590m which is about £513,000,000
vegster
Sanity Clause
- May 5, 2008
- 28,274
I saw a prog somewhere a while back suggesting that they just used to go to their bank and ask for more money if they had to buy a Galactico or two, the bank would give it to them and never ask for it back in case they upset the fans and they all closed their accounts. No bank was prepared to say no in case it lost business.
GreersElbow
New member
Well, I'm convinced FFP has just been bought in to limit English football. Seeing as it's the most attractive league for international players.
Ninja Elephant
Doctor Elephant
- Feb 16, 2009
- 18,855
It will get to Spain, eventually.
To clarify, Spanish football. The country is the next Greece and Cyprus, financial black hole. But for now, they have two football clubs living a dream. WORLD football needs to change.
But I care only about the English game. Not European football. Our game is broken at the top. Man City have proven that this summer.
The Championship is a proper league. Competitive, open and far more honest. Even with the parachute payments for the failed Premier League teams.
To clarify, Spanish football. The country is the next Greece and Cyprus, financial black hole. But for now, they have two football clubs living a dream. WORLD football needs to change.
But I care only about the English game. Not European football. Our game is broken at the top. Man City have proven that this summer.
The Championship is a proper league. Competitive, open and far more honest. Even with the parachute payments for the failed Premier League teams.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,031
yep, thats the situation as i understand, nice bit of corruption between clubs and businesses/government, especially Real and Barca. iirc one recently sell their training ground for an inflated amount that happend to clear all their debt. also note how Real and Barca got more TV revenue per year than the whole Premier Leauge combined, with 25% smaller population. in know the TV revenue split isnt spread like here, but the total amount doesnt make sence either. then theres the tax breaks for footballers, dont pay any for a period (notice how many players are moved on after 2/3 years regardless how well they've done)
Ninja Elephant
Doctor Elephant
- Feb 16, 2009
- 18,855
SurreySeagulls
Well-known member
Or Real can buy a portion of chips. That will screw em
The Wizard
Well-known member
- Jul 2, 2009
- 18,401
I thought the case with Real Madrid was that they are protected by Spanish Government and the Spanish royal family, so they can never go bust and if they need money either one of the above will bail them out - unless I've completely imagined that whole thing
Yes, "Real" means "royal".
I believe Bognor Regis FC have the same protection from the Queen.
Chicken Runner61
We stand where we want!
- May 20, 2007
- 4,609
The whole country is in debt - that includes the government and probably the royal family. When it goes pop the royal family will do a runner and live off the money they have already taken out of the country.
It seems to me the whole country including La Liga is built on debt, there are loads of houses, factories even airports, shops and bars all empty. Its pretty amazing state to be in if you think that 40-50 years ago they had Franco dictating over mainly a poor country.
BensGrandad
New member
I was once told that Santander Bank just write off theirs and Barcelona's debts each season as a bad debt. I dont now if that is true or just a myth.