Just been reading that Burnley, who would appear to be one of the better run clubs down South, reckon that they will have a £50m hole in their budget and they could be bust by August. Just got me thinking, the massive gulf in TV revenues etc that has built up over the last 10 to 15 years is something we have all been very conscious of given that we can hardly compete with league 1 clubs for players. Given all that is going on, maybe that lack of money in our game will be the very thing that makes it easier for us to survive. If there are any positives to be taken, hopefully the financial madness that exists down south in terms of revenues, transfer values and player wages will re calibrate into something more balanced and sustainable. While I still watched the occasional game in the pub, the amount of money sloshing around down south has killed off any real interest I had in the the clubs in the Premiership and the Championship. I love football but I'm not sure I'd really care if the whole lot of the big clubs went bust. Imagine the irony, well run lower league clubs survive and take the place of those sucked into the madness who go bust.
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05-04-2020 07:24 AM #1
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Who knew, Scottish Football's relative pauper status might just be it's saviour
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05-04-2020 08:28 AM #2
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Not sure, it’s all relative. A £50million budget hole could sink Burnley, obviously no Scottish club is going to have one that big develop over the coming months, but a few million is very plausible and could still drive clubs here into administration.
If anything, the clubs like Burnley who have been in the Prem for years but not running insane wage bills are probably the best placed to weather the storm with cash reserves built up. Lower league English clubs, and many clubs up here, likely exist almost month to month; 1 missed game had Hearts in a panic!
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05-04-2020 08:47 AM #3
Been saying to anyone that would listen since the emergence of the 101 percenters (clubs that can’t afford to do what they do but can’t afford not to - and get relegated from the Premiership) that this is a dereliction of duty on the part of the football associations.
Firstly They should be about the sustainability of the game. They fell asleep at the wheel whilst the alarm bells rang."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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05-04-2020 09:03 AM #4
The govt will bail out any decent size club who goes bust just now.
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05-04-2020 09:10 AM #5
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This government just spent in a week more than the total cost of two world wars which we are all still paying for. Jeezo they just paid of the Napoleonic wars two years ago.
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05-04-2020 09:33 AM #6This quote is hidden because you are ignoring this member. Show Quote
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05-04-2020 09:39 AM #7This quote is hidden because you are ignoring this member. Show Quote
What goes up must come down. For too long we thought this never applied to football, house prices or wages. We could be in for a big shock. And I don’t see why football should be immune and shame on the PFA for all of a sudden showing concern for the NHS."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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05-04-2020 09:39 AM #8
Why would the government bail out football clubs so they can continue paying excessive wages to a small number of employees?
It's like the odious comments from the English PFA yesterday that cutting wages by 30% will cost the NHS £200m due to the tax collected on £500m of wages. So what happens to the other £300m?Mature, sensible signature required for responsible position. Good prospects for the right candidate. Apply within.
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05-04-2020 09:46 AM #9This quote is hidden because you are ignoring this member. Show Quote
Last edited by Sammy7nil; 05-04-2020 at 10:15 AM.
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05-04-2020 09:56 AM #10
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The EPL and their players are having a PR nightmare with their attitude and behaviour on the situation around Coronavirus. Clubs furloughing non playing staff whilst paying millionaires their full salary is ridiculous. The players themselves seem oblivious to what’s going on, there’s talk of a charity donation as long as they keep getting their salaries. The clubs want a 30% cut in salaries to advance the EFL £125m, £25 to the national league and £20m to the NHS. The money to other football clubs is only an advance which means the clubs pocket £125m at a later date. I also doubt that Sky or BT will pull the plug on the EPL. They need them playing ASAP as subscriptions will be falling. If there’s no football again this season a deal will be done to reduce the new tv deal.
But overall their bloated product is going burst in front of them but they are all too busy trying to get a much out of the trough to notice.
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05-04-2020 10:07 AM #11
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Heard on BBC sport on Breakfast tv, that the government would lose £millions in tax if clubs reduced their players monies!
Football clubs are just not getting it, if we are to continue to save lives and football has no money coming in, paying full wages to stars who are on lockdown will eventually cripple most clubs!!!
And as for what Liverpool has done so the government pays their staff is criminal!!!
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05-04-2020 10:11 AM #12
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05-04-2020 10:16 AM #13
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05-04-2020 10:39 AM #14This quote is hidden because you are ignoring this member. Show Quote
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05-04-2020 10:48 AM #15This quote is hidden because you are ignoring this member. Show Quote
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05-04-2020 10:58 AM #16
The govt is running up debts it/we can never pay back. When the furlough scheme was announced it was expected that around 10% of workers would use it, instead it’s already above 40% and it looks like it will have to last longer as well. There is no chance this money can be paid back by taxation. The govt is going to have to inflate its debts away. As most football clubs are heavily indebted, they will benefit from this.
A straight out bailout might be impossible but there will be more money thrown out into the economy in he next few weeks. Football will be making sure they get some.
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05-04-2020 11:03 AM #17This quote is hidden because you are ignoring this member. Show Quote"We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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05-04-2020 11:05 AM #18
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I think what Liverpool and Spurs have done, using the furlough scheme, is disgusting actually.
You just feel that clubs could have said to their players... right lads let’s all have a dutiful whip round and make sure the office workers, the kit men/women, the tea lady, the ticket office staff etc are all looked after during the crisis. It’s peanuts to someone on 90k to 500k per week.
I’ve just been thinking about how many clubs started out as charitable institutions, community organisations, sports clubs for workers etc and how so many clubs are a million miles away now from their roots. Ticket prices bleeding the ordinary public for every penny they can, football tops that cost £110 often times, players on 300k a week while nurses and doctors die on the front line, swathes of fan bases out of work and redundant. The bloated and self indulgent Premier League really makes me sick at times. This coming from a fairly ardent Arsenal supporter too. It’s vomit inducing.
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05-04-2020 11:07 AM #19
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05-04-2020 11:22 AM #20This quote is hidden because you are ignoring this member. Show Quote
Subsidised travel for away fans? Reduced season tickets ? Or straight into the pockets of agents and players? The worlds best players will still be the worlds best players regardless of what they get paid
As a society we lost touch with what really matters. That’s now coming into sharp focus. Premiership Footballers should not Immune from the term “fat cats” esp given the apparent attitude to the person on the street."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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05-04-2020 11:31 AM #21
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05-04-2020 01:29 PM #22
Wayne Rooney has been complaining that footballers are being made scapegoats and that all the rich should be included, a fair point maybe but I find it disgusting that some of the EPL stars earn more money in a day than some NHS Staff earn in a year and they are spewing over 30%. If they’re paying standard tax it’s much less taken out their hand anyway.
If the majority employees are having to get by with losing 20% of a normal wage and they are getting by then even the lowest paid EPL player can ram it if they think I feel any sympathy at the thought of a 30% pay cut.
We’re all in this together, or at least we should be.Last edited by high bee; 05-04-2020 at 01:32 PM.
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05-04-2020 03:14 PM #23
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05-04-2020 03:30 PM #24
Some footballers seem to think they are being exclusively targeted. Maybe it's a case of those at the top of the game not really living in the real world when they earn in a week what it would take many ordinary joes a decade to earn. Whatever the case they aren't being treated any differently from anyone else when being asked to take a pay cut. Workers all over the country are taking pay cuts or accepting deferral agreements to help their employers survive.
I don't think that clown Hancock was right to call them out in his press conference, that was arguablya situation in which they were unfairly targeted. However the idea they should take a pay cut of a similar percentage as non playing staff doesn't seem remotely unfair.PM Awards General Poster of The Year 2015, 2016, 2017. Probably robbed in other years
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05-04-2020 04:11 PM #26
Not just football, but it was reported on French TV at lunchtime that 60% of businesses who currently sponsor sports have said that they are unlikely to be able to do so next year.
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05-04-2020 04:32 PM #27
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05-04-2020 07:46 PM #28
Some clubs are worse than others though. Hibs players have deferred a chunk of their wages at this time of need while Hearts continue to give their players their full wages. It embarrassed the whole game, clubs behaving like that.
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05-04-2020 07:55 PM #29
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05-04-2020 08:27 PM #30This quote is hidden because you are ignoring this member. Show Quote
Could it be that we see clubs that swam against the tide and focused on sustainability (Hibs, Celtic) come out better in the longer term than their rivals who charted a different course?"We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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