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Norwayhornet

Norwayhornet

Well-Known Member
Jan 24, 2011
16,473
64
48
Varhaug Norway
If new rules came in forbidding debt at professional Football clubs , I was wondering how many clubs would be left! I think Watford are in debt to the tune of £12M
Forest and coventry have made a huge loss over the last couple of seasons!
Been well documented about How much Man U owe!
So how many clubs are self sustainable in there own right and not reliant on a sugar daddy!!
 
thats just it Northolt No they dont have money just more loans!! a knee tapper an old granny hairdresser and a north london ex bankrupt spiv who has killed a long list of companies!! I dont feel happy at all!
 
As I understand it, QPR's supposed new found riches hide the fact that the club itself is still very much in debt - it's just underwritten by certain shareholders (or suger daddies as Norway puts it!).

That fact is that with all the tinsel of high octane commercialism, few if any clubs can balance the books nowadays. As has oft been said (but nothing done about it) players are paid far too much (big understatement) and there is rarely a return on transfer fees.

Oh what a deep hole we're in... why do we keep digging? Football's credit crunch has yet to fully kick-in. It'll be back to park football at some stage (no more Watfords, QPRs or even Man Us and Chelskis) with a lot of formally solvent / wealthy investors asking themselves why they got involved in the first place.

Market rules OK (remember that one?) !

Old loyalties and sentimentalities apart, is this such a bad thing? Come on you lads from down my local pub: we need a good win today!
 
Whilst little clubs fold nothing will be done ! it is going to take a prem club to die before the lily livered authorities will do anything! The cost of going to the footy these days is insane ,when you compare it to a day of international cricket or rugby! £25+ to see a game in the championship loads more in the prem! How many young families can afford those sort of prices! so you turn to TV and streaming and football loses that little bit of income!
The game moneywise at the moment is totally insane,there must be salary caps bought in in line with a clubs income! but it`ll never happen!
 
Norwayhornet said:
Whilst little clubs fold nothing will be done ! it is going to take a prem club to die before the lily livered authorities will do anything...
Click to expand...

The reason things won't be changed before it all goes go bang is because where there's brass there's muck! The decision makers (Blatter downwards) are like flies round the proverbial... and what do they actually contribute to our Saturdays down at the game? Sweet FA!
 
It would be quite good if there were ever to be a breakaway few countries that would leave Fifa and start their own alternate world cup!!! I bet they would squeal like stuffed pigs and do something to stop it in double quick time!!!
 
Totally man. I think the only clubs I´ve heard of making a profit are us and Wolves... Blackpool probably will this financial year? Arsenal are still turning a profit but that´s all earmarked to pay off the stadium debt.
 
I'm no finance whizz but everyone knows that if you borrow and can't pay back, you're in deep do-do.

In the world of football cost vastly outweighs income as a norm and across the board. That spells disaster in anyone's language. Problem is at the moment, tell the obvious truth and you're a prophet of doom! No one wants to know, let alone start doing something about it. Half that world are addicts too busy sorting a weekly results fix and the other half are mindlessly spunking the proceeds up against the wall.

Meantime the average fan, who's dreams float on the sporting fortunes of their local club watch other clubs up and down the leagues going under. Is it going to be you this time, or us? At the moment something usually turns up to bail most out: a buyer, administration, re-invention. With all the losses, there'll come a time when no one's interested in buying debt and the kudos fades.

Norway's idea of a breakaway movement could well happen amomgst the football loving non-elite who ain't making ouwt anyway. It'll probably be like a populist national cum global AFC Wimbledon-type intitiative, all founding fathers and Corinthian Casuals stuff - a highly moralistic reaction to the greasy fat cat and the decadent dollar! 'Players of the FR (Football Revolution) resolve never to dive, and certainly not in the box...'.

Mmmm, could be fun watching people competing for a reasonable living and the surplus going to UK sport as a whole. Might get a Wimbledon champion or two out of it... maybe a few more olympic golds - but I wouldn't hold your breath!
 
Can see where you going with this Brixton! Sounds really pleasant and idealistic , but alas will someone organise it on a global scale,I think not! Shame really would be highly entertaining to see the fat cats get kicked out!
 
That's a class idea, I just wish we lived in a society where it'd be allowed/encouraged to happen.

I read a book called "Theatre of Silence", and some of the quotes from the PL chiefs upon the formation of the league were breathtakingly ironic, given hindsight... things like "With all this additional TV revenue, we'll be able to pass this on to fans in the form of better facilities and lower ticket prices."

What the hell happened, eh boys?
 
Scottswan said:
...some of the quotes from the PL chiefs upon the formation of the league were breathtakingly ironic, given hindsight... things like "With all this additional TV revenue, we'll be able to pass this on to fans in the form of better facilities and lower ticket prices."

What the hell happened, eh boys?
Click to expand...

Vastly overpaid players and too many greasy handshakes Scotty.

I know the Swans are just about solvent at the moment but speaking of the potential for irony here, can you see a day when you're playing Watford or Rangers over the local park - jackets for goal posts and a beer and a pie down the pub afterwards?!

All sounds a bit of a rose tinted fantasy, yet we're talking the consequences of financial disaster! Ironic ain't the word.
 
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