Transfer Embargo

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What’s gonna happen

  • Temporary blip

  • Complete ****ing collapse

  • It’ll all be ok

  • Relegation

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balkan tiger said:
Not sure anyone has said that, but as has been said by a few for a long time the football finances are in a mess. Even including the Premier league only a handful of clubs are making any profit and tiny ones at that. Some get lucky and unearth a gem which gives a short term boost but in the long run something has to change.
Then we come to the governing bodies which are hopeless from top to bottom. Fifa, UAFA and the FA all make stupid decisions with little concern for the fans and the game itself. Money comes first and foremost, their money.
If any club gets into a hole what good is a transfer embargo, especially when any appeal or amendments take months for them to agree on. Fit and Fair owner checks, you're having a laugh. They gave away the first division when now you get £150 million for coming last and dropping into the championship where losses are restricted to 15 million ish a year.
The FA give relative pennies to the FA Cup, hold playoff finals at Wembley so they get income to pay off the stadium but on occasions it cost more for the team to go there than their earnings.

The live real game of football is near to been ****ed completely, whereas the TV game is where the money is.
Another example of trickle down economics not working.
Click to expand...
Your point is fair but most on here seem to have adopted the same 'go to' default...

Every Club is the same seems to be the popular war cry?

Maybe the rest of the League is crumbling,it seems to be so BUT the key message here seems to be ....If you're going to soldier on in the face of adversity,at least pay your debts?
 
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TwoWrights said:
Kieran Maguire has long stated that we continue to rely on the owner funding us, he said the same under Allam, and as long he continues to fund us we're ok. At the minute it seems like he's spinning plates and keeping them in the air, hopefully the tax and VAT plate is still spinning. :emoticon-0138-think


The views expressed in my posts are not necessarily mine.
Click to expand...
Dont the EFL monitor PAYE & NIC and VAT payments now?
A lot of clubs used to let debts build up because HMRC didnt want to be seen as the bad guys
 
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Ric Glasgow said:
Your point is fair but most on here seem to have adopted the same 'go to' default...

Every Club is the same seems to be the popular war cry?

Maybe the rest of the League is crumbling,it seems to be so BUT the key message here seems to be ....If you're going to soldier on in the face of adversity,at least pay your debts?
Click to expand...

I think this is where nuance comes in.

When someone says that we're in a lot of debt, that we make a loss or that our wages to turnover ratio is high, then it is reasonable to point out that that is normal for clubs at this level.

But it obviously isn't normal to be delaying wages, failing to meet transfer fee commitments and triggering embargoes. And it sounds like there's more we don't know too.

So we are clearly in a worse position than most other clubs, but some of the sticks used to beat us with aren't really valid.
 
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balkan tiger said:
Not sure anyone has said that, but as has been said by a few for a long time the football finances are in a mess. Even including the Premier league only a handful of clubs are making any profit and tiny ones at that. Some get lucky and unearth a gem which gives a short term boost but in the long run something has to change.
Then we come to the governing bodies which are hopeless from top to bottom. Fifa, UAFA and the FA all make stupid decisions with little concern for the fans and the game itself. Money comes first and foremost, their money.
If any club gets into a hole what good is a transfer embargo, especially when any appeal or amendments take months for them to agree on. Fit and Fair owner checks, you're having a laugh. They gave away the first division when now you get £150 million for coming last and dropping into the championship where losses are restricted to 15 million ish a year.
The FA give relative pennies to the FA Cup, hold playoff finals at Wembley so they get income to pay off the stadium but on occasions it cost more for the team to go there than their earnings.

The live real game of football is near to been ****ed completely, whereas the TV game is where the money is.
Another example of trickle down economics not working.
Click to expand...
Is it? It’s a nice sound bite isn’t it
It’s been ****ed since the PL started
Yet crowds are up year on year
You may not like it but the game is far from ****ed
 
Chazz Rheinhold said:
Is it? It’s a nice sound bite isn’t it
It’s been ****ed since the PL started
Yet crowds are up year on year
You may not like it but the game is far from ****ed
Click to expand...

I may not like it?
Just enjoying the the debate but really dont give a **** either way.

Never worry about what doesn't directly affect you and can't change anyway.
 
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TwoWrights said:
Kieran Maguire has long stated that we continue to rely on the owner funding us, he said the same under Allam, and as long he continues to fund us we're ok. At the minute it seems like he's spinning plates and keeping them in the air, hopefully the tax and VAT plate is still spinning. :emoticon-0138-think


The views expressed in my posts are not necessarily mine.
Click to expand...


Don't most EFL clubs rely on wealthy owners to fund them
 
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balkan tiger said:
This may mean something to someone.

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Click to expand...
According to this from same year:
EFL: Wages/Revenue = 892/956 = 93%
Hull: Wages/Revenue = 29,6/21,2 = 139%

This is our main problem.

EFL without Hull: Wages/Revenue = 863/935 = 92%

means that although we are way above ratio, we actually contribute 1% increase, our budget is literally insignificant in this league. I guess that's because of parachute clubs.
 
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oozkan said:
According to this from same year:
EFL: Wages/Revenue = 892/956 = 93%
Hull: Wages/Revenue = 29,6/21,2 = 139%

This is our main problem.

EFL without Hull: Wages/Revenue = 863/935 = 92%

means that although we are way above ratio, we actually contribute 1% increase, our budget is literally insignificant in this league. I guess that's because of parachute clubs.
Click to expand...

I don't think that is our main problem. High wages to turnover builds debt, but debt itself isn't necessarily a major issue.

Cash flow seems to be our main problem.
 
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