So the second quater growth figure was 0.2%. A total growth over the last nine moths os 0.2% as well. So how the **** are clubs paying such silly prices for players? There must come a point at which the reality of the real economy hit footbal finances.
a ticking bomb mate but who will be brave, are we all saying,"well done for not paying 10mil and 65k a week for the man". Or are we saying pay up?
Yes it is a difficult one. I am concerned that if we continue to see fans taking pay cuts to stay in work at some point they will not be able to afford to pay the rent and food and season tickets. If you are married or have kids I know which one will go first!
Most of the football community in the Prem live in a bubble - they can't relate to the likes of us. Can't really blame them tho. Wish someone would throw £1000's at me every week. When a player eventually says "no, I dont want a pay rise, this money is ridiculous!" I'll believe. I won't hold my breath tho. x
Unfortunately most clubs don't live in the real world and I fear that many are heading for disaster;we are lucky in having Niall and Ellis running the club prudently.We may not be able (or not want?) to pay silly money to attract super stars but as long as we stay in the top 10 does it really matter.
When I think of all the heartache over many decades, yes, regular top 10 is......nice. But is that it? x
If we continue on our present course when reality finally hits we will be the big hitters because we will be financially sound. Most other clubs won't be
For the next 3 years i will be happy to finish 7th 8th or 9th and have a few good cup runs and maybe even a final to get into Europe. I am 56 so if we can achieve this for 3 years running i will be happy then try and take another step up. I am sure we can achieve Champions league in the future i may be 125 years old by then but we will get there lol
My thoughts exactly Bobby!... Footballers drive about in their fuel guzzling cars etc, with not a care in the world what damage they are doing to the environment...Their wages are just so far removed from Joe Public that it is becoming harder and harder to relate to them. As Syd stated, it is a ticking time bomb waiting to explode, and I for one wouldn't mind seeing footballers getting a taste of reality and being brought back down to earth.
0.2% isn't just a uniform figure over the entire economy. Some industries will have growth of 5-10%, whilst some will have shrinkage of -5-10%, and many more will be inbetween. Overall though the combined figure is 0.2%. Unless there is a serious reduction in stadium attendances, TV sponsorship and other revenues, then the football industry will be as strong as ever.
While there might be some areas in which growth is higher than average the overal growth is still only 0.2% of GDP. This means that the total amount of money available is not growing. So the point remains the same. Low/no growth is bad for wages and employment. Even if some sectors of the economy can still pay to advertise there comes a point when the fans can not pay for tickeys or Sky. At that point we are all in trouble.
At present, inflation is running far higher than wage settlements, with inflation being particularly high in the essential areas of food and fuel...This is hitting the average person very hard at the moment which is bound to have a knock-on effect to areas such as football.
Footballers have not lived in the "real world" since Sky TV came in. Wages have been horrendous in footy for years no matter how you look at it - but the thing is, if someone offered me £15k a week for something I am good at I don't think I'd be saying no. Certainly it's not the players to blame - or, to some extent, the clubs (such as those who have wage caps) - the issue is brought about by clubs like Chelsaea, Man City and Man Utd (I like man utd but their wage structure is a joke) who offer their average players 90k a week which basically ruins it for everyone else and means that clubs like Sunderland can't afford to keep up as we haven't got an owner who just spends for the sake of spending and we try to run a business. As a member of the public - I don't object to the players earning this sort of money but I do object to the people offering them it for tha sake of it
The annual GDP of the entire country is in the TRILLIONS. Despite the overall growth of the entire country, billions upon billions will be fluctuating up and down in different industries. 0.2% GDP is a meaningless statistic to apply to individual sectors. Of course the footballing industry could be in trouble if revenue took a nosedive, but that would take something truly catastrophic. People are having to tighten their belts in this current financial climate, but Sky money, sponsorship deals and attendances would have to take a sudden dramatic nosedive. That would only be the product of a recession worse than any we've ever seen before, and while the UK economy is in minor levels of growth, that's very unlikely to happen anytime soon.
Hey Chappaz, not MA by the sounds of it. http://www.chroniclelive.co.uk/newc...s-nufc-ahead-in-transfer-game-72703-29118754/ Must admit to a little chuckle while reading that bollocks.
