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  1. #91
    @hibs.net private member Billy Whizz's Avatar
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    Don’t think it will cause Armageddon, but to lose £145m is eye watering

    https://www.bbc.co.uk/sport/football/59827141


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  3. #92
    Quote Originally Posted by Billy Whizz View Post
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    Don’t think it will cause Armageddon, but to lose £145m is eye watering

    https://www.bbc.co.uk/sport/football/59827141
    And further more: "...with confirmation in the accounts that the club owes more than £1bn to "related companies".

  4. #93
    @hibs.net private member Billy Whizz's Avatar
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    Derby only got a few weeks wages left….



    https://www.derbytelegraph.co.uk/spo...update-6734328

  5. #94
    Ultimate Slaver Keith_M's Avatar
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    Quote Originally Posted by Billy Whizz View Post
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    Derby only got a few weeks wages left….



    https://www.derbytelegraph.co.uk/spo...update-6734328

    What's the rule in England regarding new club/old club?

    Could somebody buy Derby from the liquidators and carry on as if nothing happened?

  6. #95
    @hibs.net private member Billy Whizz's Avatar
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    Quote Originally Posted by Keith_M View Post
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    What's the rule in England regarding new club/old club?

    Could somebody buy Derby from the liquidators and carry on as if nothing happened?
    I think Bury went bust a few years ago, think a consortium have just bought the ground etc. I’m presuming they will have to apply to enter at the bottom of the pyramid

  7. #96
    @hibs.net private member Billy Whizz's Avatar
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    Another 2 Premier League teams announce massive losses

    https://www.brightonandhovealbion.co...1-season-filed

    Brighton lost £53.4m

    https://www.evertonfc.com/news/25540...mpact-of-covid

    Everton lost £120.9m

    Scary numbers

  8. #97
    Left by mutual consent! Iggy Pope's Avatar
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    Quote Originally Posted by Billy Whizz View Post
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    I think Bury went bust a few years ago, think a consortium have just bought the ground etc. I’m presuming they will have to apply to enter at the bottom of the pyramid
    Bury started again with a phoenix club and now there is hope of a merged interest and playing again at Gigg Lane but as has happened a couple of times at other clubs, factions could tear each other to bits.

  9. #98
    Quote Originally Posted by Billy Whizz View Post
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    Brighton lost £53.4m
    Bad news for our thriving strategic partnership.

  10. #99
    @hibs.net private member Billy Whizz's Avatar
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    Worth a wee read, presume it only applies to England?
    Championship clubs wages to turnover ratio at 107%, pretty scary

    https://news.sky.com/story/footballs...clubs-12598493

  11. #100
    Professional thread starter Diclonius's Avatar
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    Quote Originally Posted by Latapy'sVolley View Post
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    Bad news for our thriving strategic partnership.
    Only be able to send one player to Hearts or Aberdeen in the summer, gutted.

  12. #101
    Quote Originally Posted by Billy Whizz View Post
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    Another 2 Premier League teams announce massive losses

    https://www.brightonandhovealbion.co...1-season-filed

    Brighton lost £53.4m

    https://www.evertonfc.com/news/25540...mpact-of-covid

    Everton lost £120.9m

    Scary numbers
    Can you imagine the Everton numbers if they get relegated?

  13. #102
    Coaching Staff LancashireHibby's Avatar
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    Quote Originally Posted by Is It On.... View Post
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    Can you imagine the Everton numbers if they get relegated?
    Particularly as you'd imagine they didn't have any relegation-based wage cuts in players contracts. It'll be some fire sale.

  14. #103
    Testimonial Due gbhibby's Avatar
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    Quote Originally Posted by Billy Whizz View Post
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    Another 2 Premier League teams announce massive losses

    https://www.brightonandhovealbion.co...1-season-filed

    Brighton lost £53.4m

    https://www.evertonfc.com/news/25540...mpact-of-covid

    Everton lost £120.9m

    Scary numbers
    Everton are building a new stadium as well so they will have to stay up.

  15. #104
    @hibs.net private member blackpoolhibs's Avatar
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    Quote Originally Posted by gbhibby View Post
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    Everton are building a new stadium as well so they will have to stay up.
    I'd doubt that would go ahead if they are relegated?

  16. #105
    @hibs.net private member HH81's Avatar
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    Quote Originally Posted by blackpoolhibs View Post
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    I'd doubt that would go ahead if they are relegated?
    Already started. Seen a video on YouTube.
    Cougars!!!

  17. #106
    @hibs.net private member blackpoolhibs's Avatar
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    Quote Originally Posted by HH81 View Post
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    Already started. Seen a video on YouTube.
    Never knew that, would be a real kick in the baws financially if they do go down, might only build one stand.

  18. #107
    @hibs.net private member HH81's Avatar
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    Quote Originally Posted by blackpoolhibs View Post
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    Never knew that, would be a real kick in the baws financially if they do go down, might only build one stand.
    You would think they had the funding in place separately to the club money for bills and players etc.
    Cougars!!!

  19. #108
    @hibs.net private member Hibby Kay-Yay's Avatar
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    The parachute payment into the championship will help them (if relegated)

  20. #109
    @hibs.net private member Billy Whizz's Avatar
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    Quote Originally Posted by Hibby Kay-Yay View Post
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    The parachute payment into the championship will help them (if relegated)
    I think it’s very unfair on other championship clubs, when the teams that go down get massive amounts of parachute monies, and generally go straight back up

  21. #110
    Quote Originally Posted by Billy Whizz View Post
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    I think it’s very unfair on other championship clubs, when the teams that go down get massive amounts of parachute monies, and generally go straight back up
    Don't think that is true. Norwich, Fulham and West Brom come back up because they are well run. Bournemouth could come back up this year (probably more to do with a rich owner and years of premier league money)

    Huddersfield, Middlesbrough, Blackburn, QPR, Stoke, Swansea, Hull, Cardiff, Birmingham, Reading, Sheffield United, Bolton, Sunderland and Wigan have all gone down in the last 10 years and not come back up. West Brom are actually struggling big time too.

  22. #111
    Coaching Staff LancashireHibby's Avatar
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    The average parachute payment is £33m a year so it's still a huge drop on the £100m(plus?) that they'll have received the previous season

    I've worked at a club in the aftermath of relegation and it is not pretty.

  23. #112
    @hibs.net private member jacomo's Avatar
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    Quote Originally Posted by LancashireHibby View Post
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    Particularly as you'd imagine they didn't have any relegation-based wage cuts in players contracts. It'll be some fire sale.

    Play with fire, get burned.

    I know Evertonians and it’s a fine club, but they sold their soul for Russian gangster money. Reap what you sow.

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