Do you know anything about these two clubs BB? http://www.portsmouth.co.uk/sport/p..._say_pompey_owe_them_six_figure_sum_1_3515783
Don't know anything about Joondalup, but have a friend who coaches juniors at Blacktown City (well, he was 7 years ago!) - they're from the Western Suburbs of Sydney - football is fairly popular there due to the fairly high numbers of immigrants who settled the area, but is still a fair way behind Rugby League though - it's Parramatta and Penrith territory. I know that the senior team had financial problems a few years ago that caused them to pull out of the National League, so imagine that they would be particularly keen to get their hands on what is theirs.
Check this out - really scary... http://swissramble.blogspot.com/2010/11/why-bolton-have-so-much-debt.html
Those figures go to show just how football club management has become distorted by the TV money. It reads just like a sandcastle fearing the next incoming tide, where the whole thing could be washed away if the club were to be relegated.
Just thinking out loud... But with the trouble Rangers are in with so much debt etc, if they lose their case, I wonder if they'd see it as an opportunity to 'start again', with no debt, but enter the English league! They'd obviously have to start at the bottom (like AFC Wimbledon), but with the Premiership money on offer, maybe they would see it as a short-term pain, long-term gain situation! They'd lose a lot of fans, but they do have a large fan base and can imagine them climbing quite quickly! Personally, I hope not. I guess there are two ways the Scottish league could go if Rangers and Celtic decided to join. The Scottish league would lose even more money, and become more like the Welsh league... or it could be a good thing. The teams will not have to spend so much to try and compete against the top 2, and make the league more even. They can concentrate on producing and developing their own youth, which in the long term could be better for the Scottish game - well, until the players move south, of course
The huge increase in the costs of salaries against a marginal increase in revenues (all due to a big increase in TV revenues against a decline in ticket sales) is incredulous. In any other business you would never get the finance for such a business model and the interest payments will be crippling - who in their right mind would finance it? Basically it's just a big gamble and the odds are better on the Blackjack tables in Vegas. Sheer and utter madness and if they relegated, they are finished.
Hmmmmmmm, where would they start? My preference would be in the Pin Point Recruitment Northern Football Alliance Premier Division or maybe the Wearside League (Step 9 in the football pyramid). Seaton Delaval Amateurs v. Glasgow Rangers (2012 Ltd). anyone?
Pompey have applied to the High Court to go into administration again. The same old administrator who seems to be prepared to do what the owner(well sort of owner) wishes. The CEO was on the local radio station tonight to talk about it and from the reports his hands have been tied, so what he knew needed to be done just wasn't. Shortly they will have to answer to the winding up petition from HMRC and it is quite possible that the judge will declare them insolvent. Their supporters trust have been making plans to start again in a lower league and it seems as if many of the fans have had enough of the current dodgy goings on and would actually welcome it.
It will be interesting if Portsmouth do start in a lower league. If they keep their ground will the be accepted by the Conference? I guess that the answer to this is how the Football League deals with the lack of a team. They could either only relegate one team from League Two or promote three teams from Conference National. The latter would allow a new Portsmouth to go into Conference National. In the past reformed teams have started at a lower level but a club the size of Portsmouth has not gone out of business. Having said all that they may just go into administration but I can't see the Inland Revenue alowing for that with no prospect of the tax being paid. The debts seem too huge. I feel for all Pompey fans.
I think Rangers would be in a bit of a precarious situation if they attempted to wipe the slate and start again. They can't simply to decide to join an English league, no matter how far down the pyramid - they have to apply and be accepted & I think that that acceptance would be too big a hurdle for them. The same action may well cost them a place in the Scottish Football League too. There's no pyramid structure here and starting again would probably mean the East of Scotland League, Division 1 - the same route that Gretna took - but no guarantee of entry into the lower reaches of the SFL. They'd have to wait until a spot became available and apply in the same way as other intereted teams. It says a lot about the Scottish game that, if they do enter administration and are given the ten point deduction as a penalty, it will have little effect on their current position. They will still be second in the table, 14 points behind leaders Celtic and 9 points ahead of third placed Motherwell Although, like Livingston before them, they could face demotion to Division 3 - which would brighten the day of many a supporter north of the border.
Rangers would be straight in at the top level, no question. Debt or no, the FA, EPL and football clubs couldn't organise due diligence even if it involved mass drunkenness, beer and a brewery. So prepare for an expansion of two as where Rangers aspire Celtic will not be too far behind, especially if it means the EPL. This beggars the question, what happens if Cardiff City get promoted? Two Welsh teams, two Scottish and sixteen English. Would it remain the EPL or become GBPL? The only downside is it would mess up automatic Champions League admission for Rangers and Celtic. If Portsmouth were relegated at the end of 2009-10 so it appears they are outside the newer £48million for four years arrangemet and are on the £16 million each year for two years, as outlined here http://www.guardian.co.uk/football/2010/may/10/football-league-agree-parachute-payments, from May 2010. This though http://www.bbc.co.uk/sport/0/football/17013408 indicates that clubs relegated in 2010 get all this money rather than those relegated in 2011. One of these reports is wrong or are the Premier League fiddling to keep Pompey alive. Much as I don't want to see a club fold, surely one must go to the wall to get football to wake up to their excessive financial stupidity.
evening all , have you had a lovely day? Mine has been horridly busy..as Mondays are these days..but finally i can sit down and veg for a bit
Góðan daginn til allra. Cappuccino, coffee, tea donuts and fruit are on the bar. Frothy cappuccinos for for al, HH, Leon and W_Y Coffees for COYH, Frenchie, Kev rob and theo Strong coffee for Sandy Milky coffee for Yorkie Espresso for SuffolkHorn Strong black coffees for Bragi Norway and zen Black coffee half hot half cold and no sugar for Charlie Tea for BHD jsybarry jerzeypie Lloydinio NZ and BCFCRed Hot chocolate with marshmallows for BBW Tea with skimmed milk and no sugar for GG Tea and cake for Minx Caramel latte for Hornette 11C wind and clouds, I have my coat off for the first time this year.
Morning All, at long last the temperature has crawled into positive numbers and the snow is starting to melt. This means that I do not have a valid excuse for missing my French lesson this morning. Still if I try to look alive yet keep quiet, I may get through it unharmed.
That I doubt very much. If, as has been mooted, they go into liquidation, it's all over rover for them. Any re-incarnation would have to start at the bottom - best place for them too IMO
Morning all, thanks for the Coffee Ak - glad your temperatures are rising and your days getting longer - nothing light a bit of sun to brighten your day. How in the hell did the Inland Revenue allow Rangers to get into the position of owing them £75 Million in back taxes anyway, surely any other team in the UK would have been taken to court long ago.
