Which major European super power will declare bankruptcy first? Barcelona, already have had months where they had trouble getting the money to make payroll. Real Madrid, almost a billion in debt and bidding over £100 mill on Mbappe and the £2mill a month wages than come with him. Juventus, they're Italian. I suspect within a year we will see a collapse that will make Leed's collapse look very tame. Or will governments/UEFA get involved because they're too big to allow to fail.
I think there will be a massive collapse at some point, wouldn't like to have a guess who that might be. At some point the bubble has to burst, and there will be tears, but not much tea and sympathy from me or many other neutrals. I still think Spurs took a big risk spending a £1B on a stadium, as much has it looks nice, does football attract that sort of revenue to invest. But having seen the recent stories of Messi and Barcelona, that collapse could be sooner than it seems for someone. Even Beckham over in Miami is chucking his money around like no tomorrow, in a club that's already had lawsuits from Inter Milan, and is trying to attract a North American fanbase, that has failed for decades over many various attempts to ignite the passion there - right back to the days of Rodney March and the Tampa Bay Rowdies. A club for the record that died 27 years ago.
That stadium is brilliant but has nothing to do with football. ENIC have used the club as a guarantor if you like to fund a building that will be a "venue" for many other things and primarily as an enticement to gain a NFL "Franchise" that will have nothing to do with Spurs. All the debt when the holding company could have paid for this because infrastructure doesn't affect FFP. Owners of all clubs are ****s and are happy to bleed them dry. oddly enough with the exception of the hated club owners who actually put their own money in to make improvements in both club and infrastructure. I wonder why that is
I was trying to avoid using the letters NFL, although I have many times before....even more so a word, not used before (by me) 'Franchise' the clue was in the 'original' Tampa Bay Rowdies, who were the last surviving NASL franchise that played outdoor soccer on a regular basis..
Any club who's owners **** on em mate A lot of people are just too stupid to realise what FFP covers and are happy when distant owners put their company's debt on the club whilst furthering their own ambitions
Money bubble bound to burst. The clubs simply have never received the money they expected, people speculating on football like its Tesla or something. When the average fan cant pay for a ticket or freak out when a shirt costs 90 quid. Not to mention football not exploding in China and India as expected. Will be better off when it Pops and goes to how it was. PSG and City are taking the piss
Some of the bids going around... Especially from clubs on the continent that said they would go bankrupt without the Super League give me the impression of a car hurtling towards the Grand Canyon and the driver has decided they can't stop in time, so they're going to accelerate instead and hope they can make the jump.
the Barca/Messi situation may not be what it appears. Messi wanted to leave, the president wanted him to leave, so they made a deal where both looked like they tried their hardest, but the rules said he couldn't sign due to the la liga FFP rules. However, they could've renewed the contract at any time during the year and not had that problem as it would've been counted as a contract renewal, rather than a new signing.
I’ve been saying for years - decades, in fact - that the bubble had to burst. Clubs have defied gravity because of tv money, I suppose. But you have to question wtaf is going on, when businesses receive the sort of money top clubs have been get from the tv companies for years, and they’re still running up debt. Barca and Real deserve to fail. And on a personal note, if the top 6 in the PL follows them down the ****ter, I won’t cry.
Personally i think we may see some PL clubs in real difficulties in the next couple of years unless there is a concerted attempt to deal with the constant player wage inflation as they are receiving no increase in domestic TV rights .
Well, we (Liverpool) came very close. We were probably less than a year away under Hicks And Gillette before they were overthrown. We're one of the more sensible spenders in the top six now although our wage bill is high, and we've been actively investing in building up the stadium as a future investment rather than the squad. I think Liverpool is pretty safe. As long as City is an Arab vanity project they won't go bankrupt. Spurs is playing with fire with that stadium debt... Probably made worse that they can't host venues because of COVID. Spurs are probably at some risk. If their stadium doesn't sell venues and they have a few years without good European revenue. United, hard to know what the Glazers are playing at at times. They've got massive debt but also probably more active income than anyone. Would think they would be attractive as another Arab vanity project rather than bankruptcy if the Glazers ever got too far into debt. Arsenal has been going through a rough patch for a while. No idea what their finances are like, I'd they've managed to cut costs as their income has surely dwindled. Chelsea would probably be in trouble if Roman got disinterested. They're constantly high spending but theyve done so smartly by investing in youth to sell on. I don't think Chelsea are at risk.
they won't go under, all that will happen is they'll become a billionaire's plaything like Chelsea, Man City & PSG. speaking for myself I think it'll be sad to see their fan ownership end.
