Wigan have done one...

When football turned its back on traditional owners and embraced big business then it was signing its own death warrant.
on a slightly different note I guess the takeover of the Barcodes as gone after the government issued sanctions against some top Saudis.
Maybe we'll see Man City go pop.

 

It would be a perfectly sound business strategy in almost any other business area. You look to turn a modest profit and reinvest a portion of that so eventually the business grows and in turn your profits grow and the business flourishes.

I think the biggest issue the Allams have is that they still don't get that football doesn't work like that. It has always been driven by egotistical owners willing to spend in order to buy success. And the fans love them for it.

Operating profits are not the primary aim of most professional clubs, most owners spend way more than they should to compete for success - and that arms race only gets more expensive. Owners constantly take risky gambles in order to dream of promotion to the promised land of the EPL.

Hoping to make money from producing players is getting harder and harder. The big clubs are hoovering up any decent players into their academy's in ever increasing numbers. And of the professional clubs there are at least 80 trying to do exactly the same thing.

IMHO They're ****ed. Either carry on cutting costs to match income and end up in L2 with no prospect of getting their money back or spunk £100m (which they can't do) on the (slim) hope of getting back to the EPL and selling for £140m.

 

Theyarent doing it to make money it’s to cover costs
Why do you think Brentford continuously sell players?

can you point me to the championship clubs that the fans love the owners?

 

The Wigan takeover happened in the middle of the pandemic.

It’s not as if the new owners were unaware of the situation. The season was already suspended.

If their business plan failed to incorporate any plans to deal with potential problems that may arise during the current, & ongoing, pandemic then more fool them. I’d dock them another 12 for gross stupidity.

**** owners

 

Yes I understand that.

EDIT: well there is the money they make servicing the debt of course.

To improve their income?

Any successful ones in any given season (briefly). I said fans love it when owners overspend to buy success.

 

That will be up to the administrator to argue, but most clubs run at a loss, so this Pandemic has been the straw that broke the camels back.

 

I think Tiger 1970 just called you a plastic.

 

But the EFL could and should argue that if the club was run properly and not at a loss then the pandemic wouldn't have had that effect, could be a dangerous president set if they allow them to do it without punishment, what's the stop others following ...

 

Whatever the outcome with their appeal, let's hope that we are not reliant on the outcome.

 

True, as I said we will just have to wait and see, but I guess it gives them a glimmer of hope, whereas under normal circumstances there won't be any.

 

Just back from Russia?

 

Hahahaha

 

A quick check of the oatcake
Coates sell the club now before it dies a slow death

 

Derby, maybe?

 

Every cloud and all that

 

There's no way they will ever now get what they say they are owed. At least we can laugh at them thinking of how they let £100million slip through their hands. Genius.

 

The 100 million that wasn’t there?