Generic clubs in financial crisis Thread

[Wimb]

http://news.bbc.co.uk/sport1/hi/football/teams/l/leicester_city/9417161.stm

Another club operating outside their means!!!

Meh, they're losing only about £1.5 million more then we were in 04/05 + 05/06.

Just the way Championship finances are now, difference is Leicester's new owners are prepared to underwrite that level of debt.

[Terminal Boardom]

Why can't the FA or whoever runs the game in this country just say that any Football Club that goes into Administration is immediately expelled from the Premier / Football League? Wouldn't this enforce clubs to live more within their means?

[daswonder]

Why can't the FA or whoever runs the game in this country just say that any Football Club that goes into Administration is immediately expelled from the Premier / Football League? Wouldn't this enforce clubs to live more within their means?

Because it would destroy the notion that England has the best league(s) in the world.

[Svlad Cjelli]

Why can't the FA or whoever runs the game in this country just say that any Football Club that goes into Administration is immediately expelled from the Premier / Football League? Wouldn't this enforce clubs to live more within their means?

Because the state that finances are in now that would just ensure only about 30 teams contunie to exist.

[Tony Le Mesmer]

Why can't the FA or whoever runs the game in this country just say that any Football Club that goes into Administration is immediately expelled from the Premier / Football League? Wouldn't this enforce clubs to live more within their means?

Because the state that finances are in now that would just ensure only about 30 teams contunie to exist.

Well, they did do this in Italy a few of years back and thats exactly what happened. About half the Serie C/D teams went bust. They now heavily punish teams for finanicial issues, with immediate points deductions for not paying tax on time, to kicking teams out altogether. Problem is, teams had been doing it for so long the game is now a total mess out there.

But, the longer the FA just buries its head in the sand over the issue, the bigger the fall will be when it does eventually happen over here.

[Who Moved The Goalposts?]

Good article on Boro here: http://smogblog.co.uk/?p=2129 - an interesting piece that could quite easily have been written here.

It seems they have a wage bill of £24m

[Barry the bird boggler]

So why don't the FSF start demonstrating/lobbying for something to be done. If there's a groundswell of support at the bottom and the case keeps getting raised time and time again when the FSF talk to the FA and FL then something will have to happen.

[ZacNaloen]

Good article on Boro here: http://smogblog.co.uk/?p=2129 - an interesting piece that could quite easily have been written here.

It seems they have a wage bill of £24m

They did basically the same thing as us, except that we only gambled for one season.

[Who Moved The Goalposts?]

Good article on Boro here: http://smogblog.co.uk/?p=2129 - an interesting piece that could quite easily have been written here.

It seems they have a wage bill of £24m

They did basically the same thing as us, except that we only gambled for one season.

Was our wage bill ever that high when we were relegated?

[ZacNaloen]

It was in that general area in the first season

[Ark Royal]

I see that roundabout-impersonator Kris Boyd has joined Forest on loan to reduce Boro's wage bill and pie consumption.

[Svlad Cjelli]

So why don't the FSF start demonstrating/lobbying for something to be done. If there's a groundswell of support at the bottom and the case keeps getting raised time and time again when the FSF talk to the FA and FL then something will have to happen.

Because the groundswell isn't enough to overcome the vested interests at the top - those with money and power hold all the cards, and the vast majority don't give a tinker's cuss about supporters.

The answer has to be a political one, forcing reform onto a game that won't reform itself, despite having had enough chances - hence the DCMS enquiry which has long been campaigned for. FTR, next Tuesday, Dave Boyle, Chief Exec of Supporters Direct (the umbrella body for Supporters' Trusts) and Malcolm Clark, chair of the FSF and the supporters Representative on the FA Council, will give evidence to the DCMS enquiry. Should be a cracker!

[Svlad Cjelli]

On the subject of the DCMS enquiry, David Gill gave evidence today.

This blog show all the lies he told to parliament : http://andersred.blogspot.com/2011/03/how-not-to-communicate-with-parliament.html

[TheMaraudingDog]

I had noticed on twitter that you'd started to brown nose Mr Green.

Not read the blog yet but you could see his massive chin right behind Gill on tv.

Why don't STAR grow some bollocks like his and stand up to the club on issues that count?

[Svlad Cjelli]

Assuming that's aimed at me, the answers are :

- since when has RT'ing something on Twitter becauee you think it'll be of interest to other people counted as "brown-nosing"?

- You'd have to ask STAR - I've not been part of them for over 6 months. Do keep up - for someone so obsessed with me you're very out of touch!

@Everyone else - Apologies for this unplanned deviation off topic.

[Barry the bird boggler]

Isn't STAR's Jon Keen deputy chairman of the FSF?

[TFF]

Isn't STAR's Jon Keen deputy chairman of the FSF?

I think you'll find out that STAR member Jon Keen is deputy chairman of the FSF.

[Wimb]

but in 2011/12 the parachute payments come down sharply (I initially thought we just got the two years’ payments, but it seems we actually receive a pro rata proportion of the sum meted out to more recently relegated teams) to, at best, £8m....

Interesting that, as we'd technically be in year 3 of our parachute payments do we get covered at all by this

[Svlad Cjelli]

but in 2011/12 the parachute payments come down sharply (I initially thought we just got the two years’ payments, but it seems we actually receive a pro rata proportion of the sum meted out to more recently relegated teams) to, at best, £8m....

Interesting that, as we'd technically be in year 3 of our parachute payments do we get covered at all by this

Nope, it's not retrospective.

We're lumped in with all the other Championship clubs and we get an equal share of any "unused" parachute money, where a club has been promoted back before the end of their payments are used up - plus we get an equal share of the "solidarity payments" given to the FL by the PL.

[Wimb]

If it's not retrospective then why are Boro due to get another payment next season... it would be their 3rd out of the PL and they were relegated before the new 4 year plan was ratified. Of course the author of that piece could be completely wrong....