We were spending beyond our means in the premiership. A lot of it was bad business decisions and being too loose as we were always hemorrhaging money which meant our chairman was constantly dipping into his own piggy bank to clear the losses at year end. Thankfully after back to back relegations he sold the club and wiped all the debt from the club which left the new owners to walk into Sunderland absolutely debt free. The previous owner didn't have to do that so we know how lucky we've been that we aren't in the same position as Bolton and Bury. I agree about your last part and it's slowly starting to happen further up the league chain. It won't be long before a championship club goes to the wall now. The money being spent in that division is phenomenal when you look at the average revenue that is being brought in. It's a division where you now need to spend money just to stand still and it's never been like that before. That could be dangerous for clubs like Luton who will now be under pressure to spend and retain their league status. The EFL fit and proper test needs to be looked at and amended because quite simply unfit people are being allowed to run football clubs.
This ^ For me the FL should start to become much more proactive in terms of how they police this to ensure that clubs don’t massively overspend. They could invite every club in to present their annual budgets including player budgets. Any forecast overspend to revenue could be challenged there and then, and the onus put on clubs to demonstrate exactly how they were going to fund their projected spend. If they subsequently try and purchase players that way exceeds the stated budgets then the FL should refuse to ratify the deals until adequate explanation has been received. This would stop the issue at source.
You’d require someone at the FL to be competent and qualified to at least understand basic maths and I’m not sure anyone there currently fits that criteria. Derby and others finding all sorts of dangerous short term loopholes in selling their stadium to their owner. £50m for a stadium on the outskirts of Derby sounds legit.
You make me angry? lol! I laugh at you Tel, because everytime "the world's greatest goalkeeper" ****s up, which has become hilariously regular, you come on here crying about how he ****ed my missus. to me you're just another run-of-the-mill Man Utd fan, and not that much different from Matth.
A deal for Bolton has fallen through. Going to start the liquidation process tomorrow if a new buyer isn't in place by 5pm tomorrow.
Bolton's misfortune goes back to the sacking of Megson. He was right. Fans need to stop expecting miracles and acting above their station This happens too often. Look at stoke under Pulis. He did what was needed for survival but got turfed out and look where they are now. Some teams in the prem just need to realise they are making up the numbers. Survival is best they can expect for a few years.
Everytime De Gea ****s up you come on here and accuse my girlfriend of being a slag, which is similar to the kind of thing Matth does. It's not my fault you're a worn down bitter twat.
Watching the football served up by Pulis at Stoke would have driven anyone to despair eventually. Anyway what's at issue here isn't really fans expectations. It's the financial health of English football, beyond a handful of clubs. The game is awash with money but there must be dozens of clubs teetering on the brink of extinction.
If the TV deal ever collapses I don't think many Premier teams would weather it. Pronlem is football seems to be about keeping up with the Joneses
Whilst I agree that Stokes football wasn't exactly exciting, my point was that Pulis worked with what he had and was under no illusions that they were the next Barca etc. He made stoke a tough team and played to what he knew was the teams limitations. Imho fans treated him badly at the end. And paid the price
