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Post by Deleted on Apr 1, 2015 14:50:45 GMT 1
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Post by Deleted on Apr 1, 2015 15:17:42 GMT 1
In reality it can not be maintained long term. Its amazing how few clubs are actually self sufficient. Even those in the Premier League slush fund lose money every year. Everyone needs a dose of reality. Player wages can not continue at the level they are at.
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Post by pieeater on Apr 1, 2015 15:23:59 GMT 1
It's no different from Town in essence - all their debt is to the owner. As long as he stays contented, there isn't an issue. If he wants out, they're stuffed.
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Amigo
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Post by Amigo on Apr 1, 2015 15:30:13 GMT 1
It can't continue it'll come to a head.
The second half of Simon Jordans book explains how he lost pretty much all of his £75m he started with due to "backing the manager" and not getting quite the success they needed. It's why I don't knock Hoyle too much for not throwing money around anymore, the money that goes out of a football club isn't seen by most supporters and is ridiculous. As Jordan explained getting promoted to the Premier League is worth a fortune but then suddenly you're handing out bonuses, all your current players and staff get their wages doubled, you have to bring in a better quality of player and this massive amount of cash you've got quickly goes. With this in mind coming down from the Premiership must be very difficult although the parachute payments will obviously help.
No sympathy for Bolton though, I don't like them because of Gartside but if everything goes very wrong it's obviously the supporters that ultimately lose out. It's why I'd rather be where we are at the moment (with more games like the previous 2 than some of the others obviously and a few more points) and trying to build a side slowly than throwing money around in a desperate attempt to get to the "promised land".
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Post by Deleted on Apr 1, 2015 15:40:39 GMT 1
It can't continue it'll come to a head. The second half of Simon Jordans book explains how he lost pretty much all of his £75m he started with due to "backing the manager" and not getting quite the success they needed. It's why I don't knock Hoyle too much for not throwing money around anymore, the money that goes out of a football club isn't seen by most supporters and is ridiculous. As Jordan explained getting promoted to the Premier League is worth a fortune but then suddenly you're handing out bonuses, all your current players and staff get their wages doubled, you have to bring in a better quality of player and this massive amount of cash you've got quickly goes. With this in mind coming down from the Premiership must be very difficult although the parachute payments will obviously help. No sympathy for Bolton though, I don't like them because of Gartside but if everything goes very wrong it's obviously the supporters that ultimately lose out. It's why I'd rather be where we are at the moment (with more games like the previous 2 than some of the others obviously and a few more points) and trying to build a side slowly than throwing money around in a desperate attempt to get to the "promised land". I agree with all of that but the real issue is unrealistic player wages. The clubs can't afford it but they pay it because they are scared of relegation |
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Post by rothwellterrier on Apr 1, 2015 15:49:26 GMT 1
I find it puzzling that they are "happier" to have got last years losses down to £9 million but still cleared the FFP rules? I thought £8 million was the largest allowed loss? FFP rules. |
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Post by otium (EPBS) on Apr 1, 2015 16:00:28 GMT 1
I got in the lift yesterday with Walcott and Barkley...£70k and £60k a week.
In MY real world their salary would be slightly more than an average Joe...£600 a week perhaps. I genuinely believe that is what they are worth, the market says otherwise and economists believe the market always finds its level naturally.
It is unsustainable and eventually the market will bubble and some normality will return with time.
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Post by Deleted on Apr 1, 2015 16:53:35 GMT 1
I find it puzzling that they are "happier" to have got last years losses down to £9 million but still cleared the FFP rules? I thought £8 million was the largest allowed loss? FFP rules.
Not all loss is considered and reported as part of FFP compliance, there are plenty of exclusions.
This is partly why some teams (like Town) are bringing their youth and first teams back into the same facilities, when in the 90s and 00s, the focus was all about creating separate dedicated Academy sites.
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Post by goodshot (FGS) on Apr 1, 2015 17:05:58 GMT 1
I got in the lift yesterday with Walcott and Barkley...£70k and £60k a week. In MY real world their salary would be slightly more than an average Joe...£600 a week perhaps. I genuinely believe that is what they are worth, the market says otherwise and economists believe the market always finds its level naturally. It is unsustainable and eventually the market will bubble and some normality will return with time. The player wage levels are almost entirely due to Sky. If they pulled out the plug tomorrow there would be a lot of short term problems to see out current contracts - then wage levels would revert to whatever the market of the day warranted - or any club was daft enough to pay? It may be sustainable for quite a long time as Sky don't have all that great a share of the viewing audience - so they have a lot of upside. PS: Did you get their autographs  |
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Post by AndySk on Apr 1, 2015 17:10:54 GMT 1
I hope they go bust
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Post by Deleted on Apr 1, 2015 17:22:09 GMT 1
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Post by Deleted on Apr 1, 2015 17:32:15 GMT 1
Laughable how football continues to carry on spending more than they have. Any other walk of life and it would be dealt with.
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Post by goodshot (FGS) on Apr 1, 2015 17:39:48 GMT 1
Laughable how football continues to carry on spending more than they have. Any other walk of life and it would be dealt with. They are not though are they - Sky are giving them huge incomes. |
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Post by Deleted on Apr 1, 2015 17:42:30 GMT 1
Laughable how football continues to carry on spending more than they have. Any other walk of life and it would be dealt with. They are not though are they - Sky are giving them huge incomes. They don't spend more than they have? |
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Post by patfield on Apr 1, 2015 17:57:05 GMT 1
I agree with the previous comments.
Unfortunately are we part of the problem?
How many of us subscribe to sky sports?
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Post by Deleted on Apr 1, 2015 17:59:33 GMT 1
I got in the lift yesterday with Walcott and Barkley...£70k and £60k a week. In MY real world their salary would be slightly more than an average Joe...£600 a week perhaps. I genuinely believe that is what they are worth, the market says otherwise and economists believe the market always finds its level naturally. It is unsustainable and eventually the market will bubble and some normality will return with time. The player wage levels are almost entirely due to Sky. If they pulled out the plug tomorrow there would be a lot of short term problems to see out current contracts - then wage levels would revert to whatever the market of the day warranted - or any club was daft enough to pay? It may be sustainable for quite a long time as Sky don't have all that great a share of the viewing audience - so they have a lot of upside. PS: Did you get their autographs I don't think you can solely blame SKY goodshot (FGS) If you give the Mrs £50 and ask her to do the shopping, and she spends £50 on shoes, is that all your fault? Anyway forgive the ropey analogy! To me, the money from SKY could be fabulous for the game, it could be put to a lot of good uses to make the English game stronger throughout, it could be spread across the FL fairly, and it could be invested in Grass Roots and community schemes. But alas, the real enemy is that pillock Scudamore, and the Premier League. They're the ones who fail to bring in sanctions and rules so that it's not spent all on wages, and it's them who have dismantled the level playing field of the championship with the parachute payments. |
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Post by bristolterrier on Apr 1, 2015 18:11:32 GMT 1
I agree with the previous comments. Unfortunately are we part of the problem? How many of us subscribe to sky sports? Cancelled my subscription 2 weeks ago and I will be finished with Sky on the 14th April. I am very lucky its not that I can't afford it but Sky have no interest in loyal customers like me who have been with them 24 years. In all that time I have not once received a call from them giving me anything back. The latest football deal was the last straw. When I called to cancel they went into a tailspin although they said that almost 100% of recent cancellations were due to subscribers being under the correct impression that they would eventually have to foot the bill. I believe prices are going up already this week.Interestingly, I have had 5 phone calls in the last 2 weeks from Sky saying they would like to reward my previous loyalty if I would reconsider! F**k 'em. |
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Post by Deleted on Apr 1, 2015 18:15:15 GMT 1
I agree with the previous comments. Unfortunately are we part of the problem? How many of us subscribe to sky sports? Cancelled my subscription 2 weeks ago and I will be finished with Sky on the 14th April. I am very lucky its not that I can't afford it but Sky have no interest in loyal customers like me who have been with them 24 years. In all that time I have not once received a call from them giving me anything back. The latest football deal was the last straw. When I called to cancel they went into a tailspin although they said that almost 100% of recent cancellations were due to subscribers being under the correct impression that they would eventually have to foot the bill. I believe prices are going up already this week.Interestingly, I have had 5 phone calls in the last 2 weeks from Sky saying they would like to reward my previous loyalty if I would reconsider! F**k 'em. Did the same, had plenty of calls since. Sky can suck my left nut, I'm done with sky sports. Rather go to more away games with Town. |
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Post by bristolterrier on Apr 1, 2015 18:18:29 GMT 1
The player wage levels are almost entirely due to Sky. If they pulled out the plug tomorrow there would be a lot of short term problems to see out current contracts - then wage levels would revert to whatever the market of the day warranted - or any club was daft enough to pay? It may be sustainable for quite a long time as Sky don't have all that great a share of the viewing audience - so they have a lot of upside. PS: Did you get their autographs I don't think you can solely blame SKY goodshot (FGS) If you give the Mrs £50 and ask her to do the shopping, and she spends £50 on shoes, is that all your fault? Anyway forgive the ropey analogy! To me, the money from SKY could be fabulous for the game, it could be put to a lot of good uses to make the English game stronger throughout, it could be spread across the FL fairly, and it could be invested in Grass Roots and community schemes. But alas, the real enemy is that pillock Scudamore, and the Premier League. They're the ones who fail to bring in sanctions and rules so that it's not spent all on wages, and it's them who have dismantled the level playing field of the championship with the parachute payments.[/b] Spot on.They could do so much. Alocate £50m a season and find 1000 good ex pros from the lower leagues willing to take their UEFA badges. Pay their fees then when qualified pay them £50k a year and send them out into their communities to coach. |
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Post by galpharm2400 on Apr 1, 2015 18:27:44 GMT 1
Raheem sitting on a 100k a week deal... its not about the money apparently..
one reasonable season and a few caps and he is ready for the big, big deal.. the move itself is probably immaterial as long as it keeps him in the frame for England..
kiss the badge, he would probably try and kiss his own arse for an extra few grand..
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Post by htfctx on Apr 1, 2015 18:29:13 GMT 1
Laughable how football continues to carry on spending more than they have. Any other walk of life and it would be dealt with. They are running football as if they are a Government. Now THERE's a budget worth laughing at. At least football clubs generate revenue enough to compete how they choose. Southampton 33 million profit and not counting the summer sale of players !! |
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Morning Norwood
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Post by Morning Norwood on Apr 1, 2015 19:30:26 GMT 1
I agree with the previous comments. Unfortunately are we part of the problem? How many of us subscribe to sky sports? Cancelled my subscription 2 weeks ago and I will be finished with Sky on the 14th April. I am very lucky its not that I can't afford it but Sky have no interest in loyal customers like me who have been with them 24 years. In all that time I have not once received a call from them giving me anything back. The latest football deal was the last straw. When I called to cancel they went into a tailspin although they said that almost 100% of recent cancellations were due to subscribers being under the correct impression that they would eventually have to foot the bill. I believe prices are going up already this week.Interestingly, I have had 5 phone calls in the last 2 weeks from Sky saying they would like to reward my previous loyalty if I would reconsider! F**k 'em. I'm cancelling my sky for the very same reason! 20 year a customer and not one single offer of anything! My mate has full package, 3D, phone, unlimited Internet for same price I'm paying just for sports! All he did was cancel his sports over summer last year, whilst no football on! Fook them |
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Post by goodshot (FGS) on Apr 1, 2015 19:42:31 GMT 1
The player wage levels are almost entirely due to Sky. If they pulled out the plug tomorrow there would be a lot of short term problems to see out current contracts - then wage levels would revert to whatever the market of the day warranted - or any club was daft enough to pay? It may be sustainable for quite a long time as Sky don't have all that great a share of the viewing audience - so they have a lot of upside. PS: Did you get their autographs I don't think you can solely blame SKY goodshot (FGS) If you give the Mrs £50 and ask her to do the shopping, and she spends £50 on shoes, is that all your fault? Anyway forgive the ropey analogy! To me, the money from SKY could be fabulous for the game, it could be put to a lot of good uses to make the English game stronger throughout, it could be spread across the FL fairly, and it could be invested in Grass Roots and community schemes. But alas, the real enemy is that pillock Scudamore, and the Premier League. They're the ones who fail to bring in sanctions and rules so that it's not spent all on wages, and it's them who have dismantled the level playing field of the championship with the parachute payments. Ok Sky (I guess I was meaning Sky as synonymous with the Premiership) and Bosman. PS I'd be more than happy if the wife only spent £50 on shoes. |
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Post by Deleted on Apr 1, 2015 20:01:08 GMT 1
We've cancelled Sky too, fook em.
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Post by Deleted on Apr 1, 2015 20:45:30 GMT 1
Laughable how football continues to carry on spending more than they have. Any other walk of life and it would be dealt with.
Lots of vanity / community type organisations operate at a loss with the benefit of an altruistic benefactor topped up by fundraising efforts.
Consider football as a community organisation, making people feel good and inclusive, rather than as a profit making business, and you quickly recognise that despite the clubs 'losing' money, football is, and will remain, a sustainable practise.
Some of those benefactors might not be as selfless as they appear of course, so a few might disappear up their own backsides, but I'm pretty sure the vast majority of club 'owners' aren't there because they thought they could make some money.
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Post by Deleted on Apr 1, 2015 20:58:41 GMT 1
The problem is no matter how much Sky pays the league they still blow it all on players wages. It's ridiculous that with all that money sloshing around in the Premier League that most clubs still lose money.
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Post by otium (EPBS) on Apr 1, 2015 22:10:54 GMT 1
I got in the lift yesterday with Walcott and Barkley...£70k and £60k a week. In MY real world their salary would be slightly more than an average Joe...£600 a week perhaps. I genuinely believe that is what they are worth, the market says otherwise and economists believe the market always finds its level naturally. It is unsustainable and eventually the market will bubble and some normality will return with time. The player wage levels are almost entirely due to Sky. If they pulled out the plug tomorrow there would be a lot of short term problems to see out current contracts - then wage levels would revert to whatever the market of the day warranted - or any club was daft enough to pay? It may be sustainable for quite a long time as Sky don't have all that great a share of the viewing audience - so they have a lot of upside. PS: Did you get their autographs I would not stoop to ask for an autograph....ever. There might have been a time i would have tried, there might even be a reason of economy (you can sell them of course) but there will never be a point of reason for a scribbled name to resonate or have meaning. |
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Post by gledholt terrier on Apr 1, 2015 22:25:24 GMT 1
The player wage levels are almost entirely due to Sky. If they pulled out the plug tomorrow there would be a lot of short term problems to see out current contracts - then wage levels would revert to whatever the market of the day warranted - or any club was daft enough to pay? It may be sustainable for quite a long time as Sky don't have all that great a share of the viewing audience - so they have a lot of upside. PS: Did you get their autographs I would not stoop to ask for an autograph....ever. There might have been a time i would have tried, there might even be a reason of economy (you can sell them of course) but there will never be a point of reason for a scribbled name to resonate or have meaning. A selfie then? |
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Post by otium (EPBS) on Apr 1, 2015 22:40:04 GMT 1
Good God. Never.
A woman asked me to take a photo of her yesterday in Piazza San Carlo. Having not taken a photo in 20 years i had the camera the wrong was around!
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Post by otium (EPBS) on Apr 1, 2015 22:42:39 GMT 1
Last week i went into a cafe in a town called Fleurus, the chubby-faced Turkish owner had about 20 selfies on the wall....of him and the entire Real Madrid team.
It was ridiculous, a silly grinning face and 20 bored looking superstars!
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