Hope so, mate. Don’t know much about the club, but in this era of enormous wealth in football it doesn’t seem right that an old club, like Bury, should just be allowed to go under. Time for some of the EPL wealth to be redistributed??
Why? People would still throw it away. It's time for ****s like Dale to be prevented from taking over clubs.
I’d be all for additional funding going to lower league clubs if it could be controlled. The reason owners in the PL rarely take huge amounts out of their clubs is because they’re already loaded. The lower league clubs would be exploited in my opinion, by owners who would see a gravy train. If a third party could manage things like implementing top class coaches into lower league football, as well as great training facilities and health/nutritional initiatives then I see the whole sport gaining from this. Chucking extra money at lower league clubs will only attract more vultures, agents in particular, players on 40k a week in league 1/2. Recipe for disaster, just going bust for more money.
I think Evans has come in for a nasty shock at out place. When the vulture landed I said at the time, why you here? We have no money, we will not pay for players, and we certainly will not pay agents. In fact I think we are generally one of the lowest, if not the lowest agent payers in League One. So far he has not won in four or five games. Then he comes out with budget as an excuse! I'm really not sure what the guy didn't understand when he came here.
to be fair, he isn't the guy that put them in the mess, he just tried to profit out of it. But I agree with the rest, giving them money will just mean they'll spend even more and end up with a bigger debt. I don't really feel sorry for the club, but the small businesses that are owed the momey.
Not just the ones that are owed either but the others near the ground who survive on that once a fortnight match.
Would your owner invest £2.5m per year into your club if PL clubs each gave £5m and another £5m for top 4 (£120m distributed amongst 48 clubs)? I don’t think many clubs would, greed is everywhere. There’s millions of folk who hate the PL due to the money, would filtering money into lower leagues just create the next monster for these people?
I see a lot of debate around not giving lower league clubs money, because of people that only see the gravy train. But what if a club like Spurs went under after the money spent on their ground, would the same apply. And how does that work for Man City who nearly went under by all but 5 minutes grace of a football match. What about Leeds, when they nearly hit financial ruin, and the likes of Coventry that followed them. What if Abramovich walked on Chelsea and let's not forget, Leicester only made it big because of helicopter man. It's only a matter of time before another ex Prem Team hits the rocks. And let's not forget Southampton lost £29 Million turnover to the accounts of May 2018 and cited Brexit, how many more clubs will be affected by leaving the EU. During the same period Swansea lost £3M before tax along with six other clubs. It's not just the lower league that can't be trusted with finance, nor can the greedy Prem teams.
To make a serious comment, it's not that lower league clubs shouldn't get more money, because they should. That's not what did for Bury or damaged Bolton, though. Both were run badly for years. I can remember Bolton spending something silly on wages in the Premier League, like 110% of their revenue. In 2010 they had £61m coming and and they lost £35m. Totally unsustainable. Swiss Ramble did a fairly long post on it at the time and it was ludicrous then and they still haven't recovered: http://swissramble.blogspot.com/2010/11/why-bolton-have-so-much-debt.html
I suppose that's what TV revenue has created and encouraged bad management. I've seen them all pass us on the way down, clubs like Portsmouth, Coventry, Blackpool and even Leeds, obviously all different reasons, and as you have highlighted now Bolton. I wonder how long Sunderland can sustain being down here.
There's talk of the Mackems being taken over by a billionaire, so they could get sorted out pretty quickly. They got hurt badly by some big contracts for ages, though. Rodwell was supposedly on £70k pw in the Championship.
