Generic clubs in financial crisis Thread

[Snowflake Royal]

Could you do us all a favour and define ‘living within their means’, please ?

Generally not spending more than income.

But that doesn’t preclude the Man City sponsorship situation as they’re claiming it’s income, and given that it’s non-refundable there’s a good argument

It's a con to break rules, and it shouldn't be permitted.

[Franchise FC]

Generally not spending more than income.

But that doesn’t preclude the Man City sponsorship situation as they’re claiming it’s income, and given that it’s non-refundable there’s a good argument

It's a con to break rules, and it shouldn't be permitted.

But, according to your own suggestion, they can spend what they like as long as it’s income, which is pretty much anything other than loans

Sponsorship, at any level at all, is income
For that matter, so are donations

[Snowflake Royal]

But that doesn’t preclude the Man City sponsorship situation as they’re claiming it’s income, and given that it’s non-refundable there’s a good argument

It's a con to break rules, and it shouldn't be permitted.

But, according to your own suggestion, they can spend what they like as long as it’s income, which is pretty much anything other than loans

Sponsorship, at any level at all, is income
For that matter, so are donations

And I'd prevent that stupid loophole by closing it.

[Franchise FC]

It's a con to break rules, and it shouldn't be permitted.

But, according to your own suggestion, they can spend what they like as long as it’s income, which is pretty much anything other than loans

Sponsorship, at any level at all, is income
For that matter, so are donations

And I'd prevent that stupid loophole by closing it.

So you’d ban sponsorship ?

[Snowflake Royal]

But, according to your own suggestion, they can spend what they like as long as it’s income, which is pretty much anything other than loans

Sponsorship, at any level at all, is income
For that matter, so are donations

And I'd prevent that stupid loophole by closing it.

So you’d ban sponsorship ?

Why are you being so obtuse?

Sponsorship is a loophole used by owners to pump in extra money they otherwise rightly aren't allowed to. They aren’t allowed to because it generally leads to clubs being mismanaged into massive financial problems. Not to mention inflating costs for everyone else. Even if covered day to day, contracts run for years and that sort of funding can dry up overnight and lead to big problems.

Owners should not be able to dope their clubs through sponsorship deals from companies they own in part or in full.

Football owners should try and just stop being pcunts and do things properly.

[Winston Biscuit]

Everton receive a bid of £400M from a consortium of American and Saudi investors

[Sutekh]

Everton receive a bid of £400M from a consortium of American and Saudi investors

fronted by Marc Bircham

[Brogue]

friedkin group pull out of everton deal

[Sutekh]

Woking in dire straits (or perhaps that should be "a Jam")....

https://www.bbc.com/sport/football/arti ... 1y91pnyxno

We'll be brothers in arms on tuesday and they could do with some pretty green

[RFCMod]

Lets just hope they can Start the season

[Brogue]

Lets just hope they can Start the season

Maybe Wrexham could move into their new stadium.

[Brogue]

Bordeaux Football have have just folded

[Harrison Delbridge]

Bordeaux Football have have just folded

They would have gone up a year ago aswell if a fan didn't punch somebody from the opponents

I imagine he will be beaten up

[Sutekh]

Bordeaux Football have have just folded

They would have gone up a year ago aswell if a fan didn't punch somebody from the opponents

I imagine he will be beaten up

They haven't folded they've just reverted to amateur/semi-pro status. They are hoping to play in the French 3rd division next season (alongside Sochaux, another well known French club that's financially come apart in recent times) while they look to restablish themselves and get new owners. FSG were in talks about buying them but those talks presumably must have collapsed leading to this decision.

[Winston Biscuit]

interesting listening to Kieran Maguire on the Football Weekly podcast on Everton. Said if nothing is sorted soon then by around November time its going to get very difficult for them

[Clyde1998]

Bordeaux Football have have just folded

They would have gone up a year ago aswell if a fan didn't punch somebody from the opponents

I imagine he will be beaten up

They haven't folded they've just reverted to amateur/semi-pro status. They are hoping to play in the French 3rd division next season (alongside Sochaux, another well known French club that's financially come apart in recent times) while they look to restablish themselves and get new owners. FSG were in talks about buying them but those talks presumably must have collapsed leading to this decision.

I do wonder if we'll see more French clubs going the same way. There was talk about eight clubs in Ligue 1 ending up in serious financial problems if the league failed to get a domestic TV deal for the upcoming season.

Traditional broadcaster Canal+ refused to bid for the rights. The league initially had a €800m deal with Mediapro for four of the five packages (which Canal+ wanted), but they stopped payments during Covid. That package was sold to Amazon for relatively less than Canal+ had paid for one of the five. Both of these factors meant they didn't bid this time.

No-one else wanted to bid for anything like what the league wanted (€1bn over five years), which wouldn't have been helped by less competition (and the league's two biggest names leaving since the last deal). They've ended up selling the rights for €500m over five years, with the broadcasters having an exit clause after two years. The international rights were sold for €160m and the Ligue 2 deal is €40m (I believe over the same time frame).

I don't know if that still leaves a number of clubs in trouble or not.

[bcubed]

Not sure where to put this. They're not in financial crisis at all, but he's been a sound owner with a genuine fondness for the town/ now city. Feels familiar...

MK Dons chairman Pete Winkelman sells MK Dons and Stadium MK group to Kuwait-based consortium, led by Fahad Al Ghanim.

The deal, which leaves the club and stadium group debt-free, has now been ratified by all parties following clearance from the EFL.

[Dirk Gently]

Not sure where to put this. They're not in financial crisis at all, but he's been a sound owner with a genuine fondness for the town/ now city. Feels familiar...

MK Dons chairman Pete Winkelman sells MK Dons and Stadium MK group to Kuwait-based consortium, led by Fahad Al Ghanim.

The deal, which leaves the club and stadium group debt-free, has now been ratified by all parties following clearance from the EFL.

Surely now is the perfect time to drop the ridiculous "Dons" epithet from their name.

[Winston Biscuit]

al-Dons

[On Strings]

Poppa-Dons