Generic clubs in financial crisis Thread

[Ascotexgunner]

Being reported that Everton's auditors are refusing to sign off their accounts and have walked away from the club - supposedly in connection with the ownership of Farhad Moshiri.

If the accounts aren’t signed off then shouldn’t the PL be immediately down on Everton and their owners like a ton of bricks?

The Bundesligue do their accounts auditing before the start of the season. If clubs don't get signed off its automatic relegation. Bayern nearly fell foul of it a few years ago and were very close to being relegated before the season started.

Could you imagine the PL clubs agreeing to that?

[Sutekh]

Being reported that Everton's auditors are refusing to sign off their accounts and have walked away from the club - supposedly in connection with the ownership of Farhad Moshiri.

If the accounts aren’t signed off then shouldn’t the PL be immediately down on Everton and their owners like a ton of bricks?

The Bundesligue do their accounts auditing before the start of the season. If clubs don't get signed off its automatic relegation. Bayern nearly fell foul of it a few years ago and were very close to being relegated before the season started.

Could you imagine the PL clubs agreeing to that?

Then you’d want a strong FA that stands up for policies like this and threatens clubs that don’t want to do it with
expulsion/non-affiliation as I believe then both the club and its associated players would not be recognised by UEFA or FIFA and would then be barred from all their competitions as well as the domestic ones.

If they then chose to go off and do their own “super league” then I’m sure that’d be welcomed by their supporters.

[From Despair To Where?]

Strange goings on at Bury/AFC Bury.

To clarify the situation, AFC Bury are the phoenix team, set up by the fans, have been playing for 2 years and been doing reasonably well. However,they are groundsharimg and ideally would like to return to Gigg Lane.

Bury are the continuation of the old team and are finally fan owned after 2 years of legal wrangling to gain ownership. They don't have a team but they do own Gigg Lane.

To paraphrase Sparks, this town ain't big enough for the both of them so both clubs had a vote on merging, which needs to be passed with a 67% vote. Bear in mind, 3 years ago, they all suported the same club

AFC voted pretty much unanimously to merge. Bury FC only got 63% in favour so the merger is off.

[Sutekh]

Strange goings on at Bury/AFC Bury.

To clarify the situation, AFC Bury are the phoenix team, set up by the fans, have been playing for 2 years and been doing reasonably well. However,they are groundsharimg and ideally would like to return to Gigg Lane.

Bury are the continuation of the old team and are finally fan owned after 2 years of legal wrangling to gain ownership. They don't have a team but they do own Gigg Lane.

To paraphrase Sparks, this town ain't big enough for the both of them so both clubs had a vote on merging, which needs to be passed with a 67% vote. Bear in mind, 3 years ago, they all suported the same club

AFC voted pretty much unanimously to merge. Bury FC only got 63% in favour so the merger is off.

Well that makes no sense so guess some faction is being a bit precious about things - they should merge and become Bury United (mind you sounds like they should be called Bury Disunited).

[From Despair To Where?]

I think there's a faction of Bury FC fans who feel betrayed that the AFC lot formed a phoenix club before the future of Bury FC was resolved and regard then as traitors. I can kind of see both sides of the story but Bury really can't realistically sustain more than 1 club at any serious level and a merger is the only sensible option. I guess my sympathies lie with AFC. They were formed at a time that there was no guarantee Bury would continue and they wanted to safeguard football in the town. They are also overwhelmingly in favour of the merger which would effectively wipe out their club.

The irony is that AFC have about 50% more members than Bury and the total vote between the 2 clubs was something like 84% in favour. If just 30 of the 780 Bury FC members had voted the other way, the merger would have been ratified.

AFC Bury get 1,300 attendaces in a league that averages 250. They play at Ratcliffe Borough who have a capacity if 3,500 so would clearly not be big enough for Conference North or higher. The other fear I guess is that with no team playing at Gigg Lane, the pressure to sell to developers will only become greater which, ironically, is what Steve Dale wanted all along.

[Winston Biscuit]

Coventry put under a transfer embargo and in talks with Walsall about ground sharing

[Sutekh]

Coventry put under a transfer embargo and in talks with Walsall about ground sharing

Bit more on the background here…

https://www.ccfc.co.uk/news/2022/octobe ... with-hmrc/

[6ft Kerplunk]

Coventry put under a transfer embargo and in talks with Walsall about ground sharing

Bit more on the background here…

https://www.ccfc.co.uk/news/2022/octobe ... with-hmrc/

The ‘Time to Pay’ agreement will be completed in December, when the amount payable to HMRC will have been met in full. The agreement was reached in September, and since making the agreement the Club has already paid 3 of the 6 instalments.

Under EFL regulations, the Sky Blues will be unable to sign players during the period of this agreement. With this agreement completed in December, any anticipated transfer business in January 2023 will be unaffected

Wonderful stuff as ever from the EFL. Lets ban a club from signing players during a period when they can't* sign players anyway.

* yeah, I know they could've signed free agents but you get what I mean.

[Winston Biscuit]

At least we are no longer on our own

https://www.efl.com/-more/governance/embargoes/

[YorkshireRoyal99]

Strange goings on at Bury/AFC Bury.

To clarify the situation, AFC Bury are the phoenix team, set up by the fans, have been playing for 2 years and been doing reasonably well. However,they are groundsharimg and ideally would like to return to Gigg Lane.

Bury are the continuation of the old team and are finally fan owned after 2 years of legal wrangling to gain ownership. They don't have a team but they do own Gigg Lane.

To paraphrase Sparks, this town ain't big enough for the both of them so both clubs had a vote on merging, which needs to be passed with a 67% vote. Bear in mind, 3 years ago, they all suported the same club

AFC voted pretty much unanimously to merge. Bury FC only got 63% in favour so the merger is off.

Is one in better shape than the other? I know about AFC Bury as they played one of my local teams, Steeton, in the lowest level of semi-professional football where they incredibly brought around 600 fans to that game and the total crowd was just below 1000 which was really good for a club who play some 5 minutes away from where I live and a ground where I play at regularly.

Surprised they didn't go for a merger though. Unless they both end up groundsharing, they are right, there isn't enough room for 2 clubs in a town that small. I can only think of Radcliffe Borough in the nearby area who also have a ground, but they are operating at a similar level to AFC Bury as it is.

[Dirk Gently]

Strange goings on at Bury/AFC Bury.

To clarify the situation, AFC Bury are the phoenix team, set up by the fans, have been playing for 2 years and been doing reasonably well. However,they are groundsharimg and ideally would like to return to Gigg Lane.

Bury are the continuation of the old team and are finally fan owned after 2 years of legal wrangling to gain ownership. They don't have a team but they do own Gigg Lane.

To paraphrase Sparks, this town ain't big enough for the both of them so both clubs had a vote on merging, which needs to be passed with a 67% vote. Bear in mind, 3 years ago, they all suported the same club

AFC voted pretty much unanimously to merge. Bury FC only got 63% in favour so the merger is off.

Is one in better shape than the other? I know about AFC Bury as they played one of my local teams, Steeton, in the lowest level of semi-professional football where they incredibly brought around 600 fans to that game and the total crowd was just below 1000 which was really good for a club who play some 5 minutes away from where I live and a ground where I play at regularly.

Surprised they didn't go for a merger though. Unless they both end up groundsharing, they are right, there isn't enough room for 2 clubs in a town that small. I can only think of Radcliffe Borough in the nearby area who also have a ground, but they are operating at a similar level to AFC Bury as it is.

As with so many other things, there's no sense, compromise or logic about it - just egos and arrogance.

[From Despair To Where?]

Strange goings on at Bury/AFC Bury.

To clarify the situation, AFC Bury are the phoenix team, set up by the fans, have been playing for 2 years and been doing reasonably well. However,they are groundsharimg and ideally would like to return to Gigg Lane.

Bury are the continuation of the old team and are finally fan owned after 2 years of legal wrangling to gain ownership. They don't have a team but they do own Gigg Lane.

To paraphrase Sparks, this town ain't big enough for the both of them so both clubs had a vote on merging, which needs to be passed with a 67% vote. Bear in mind, 3 years ago, they all suported the same club

AFC voted pretty much unanimously to merge. Bury FC only got 63% in favour so the merger is off.

Is one in better shape than the other? I know about AFC Bury as they played one of my local teams, Steeton, in the lowest level of semi-professional football where they incredibly brought around 600 fans to that game and the total crowd was just below 1000 which was really good for a club who play some 5 minutes away from where I live and a ground where I play at regularly.

Surprised they didn't go for a merger though. Unless they both end up groundsharing, they are right, there isn't enough room for 2 clubs in a town that small. I can only think of Radcliffe Borough in the nearby area who also have a ground, but they are operating at a similar level to AFC Bury as it is.

I'd say AFC are in better shape because they actually have a team and they have more members. All Bury FC have is the ground and the history. The ground is pretty much useless and a massive drain on finances without a team to play in it. AFC are currently groundsharing with Radcliffe Borough. Their ground holds 3,500.

Are Steeton still playing at the Keighley Cougars ground? I lived in Keighley about 15 years ago. In fact I was a Reading season ticket holder when I lived in Keighley.

[YorkshireRoyal99]

Strange goings on at Bury/AFC Bury.

To clarify the situation, AFC Bury are the phoenix team, set up by the fans, have been playing for 2 years and been doing reasonably well. However,they are groundsharimg and ideally would like to return to Gigg Lane.

Bury are the continuation of the old team and are finally fan owned after 2 years of legal wrangling to gain ownership. They don't have a team but they do own Gigg Lane.

To paraphrase Sparks, this town ain't big enough for the both of them so both clubs had a vote on merging, which needs to be passed with a 67% vote. Bear in mind, 3 years ago, they all suported the same club

AFC voted pretty much unanimously to merge. Bury FC only got 63% in favour so the merger is off.

Is one in better shape than the other? I know about AFC Bury as they played one of my local teams, Steeton, in the lowest level of semi-professional football where they incredibly brought around 600 fans to that game and the total crowd was just below 1000 which was really good for a club who play some 5 minutes away from where I live and a ground where I play at regularly.

Surprised they didn't go for a merger though. Unless they both end up groundsharing, they are right, there isn't enough room for 2 clubs in a town that small. I can only think of Radcliffe Borough in the nearby area who also have a ground, but they are operating at a similar level to AFC Bury as it is.

I'd say AFC are in better shape because they actually have a team and they have more members. All Bury FC have is the ground and the history. The ground is pretty much useless and a massive drain on finances without a team to play in it. AFC are currently groundsharing with Radcliffe Borough. Their ground holds 3,500.

Are Steeton still playing at the Keighley Cougars ground? I lived in Keighley about 15 years ago. In fact I was a Reading season ticket holder when I lived in Keighley.

Yeah I thought there was a connection between AFC Bury and Radcliffe Borough, I didn't know they were groundsharing though. I've played at Radcliffe Borough's ground during pre-season at amateur level, a great experience for where I'm playing now I must say.

Steeton are at Marley now, about half a mile down the road. I think Steeton bought it out and built a stand there and that's where they play their home games, their reserves folded last year as they couldn't afford to run 2 teams on the pitch, in fact I think thy struggled to run 2 teams altogether actually, not sure if they are struggling for money actually, just rumours I've heard. Nice to know you were a fellow Keighley resident though, not many Reading fans in this area. Fair cop to holding a season ticket living some 4 hours away as well!

[From Despair To Where?]

Marley? That was all council pitches when I lived there. Cougar Park was decent for that level. I remember FC United bringing about 3,000 to there. I quite liked Keighley, it's really not as bad as it's made out to be. To be fair though, when I lived there the whole town centre could have done with jet washing though. It looked grimey.

Our youngest was born in Steeton.

[YorkshireRoyal99]

Marley? That was all council pitches when I lived there. Cougar Park was decent for that level. I remember FC United bringing about 3,000 to there. I quite liked Keighley, it's really not as bad as it's made out to be. To be fair though, when I lived there the whole town centre could have done with jet washing though. It looked grimey.

Our youngest was born in Steeton.

It's the 3G pitch that they play at now, I can't remember if they bought the facilities or not, although I train there with Oxenhope amateur football side on a Wednesday and they seem too "own" the rights as to who uses it and who doesn't. Whether they officially "own" it or not, I don't know but that's what our club says, the council/grass pitches still exist outside of the 3G. Cougar Park would be a far better venue, incidentally, Cougars have just been promoted to the Championship now of Rugby League which has the rugby fans buzzing for next season.

Cougar Park would be a far better venue to play at, but Steeton can barely afford Marley if rumours are to be believed so they'd never get Cougar Park unless they became a very wealthy Non-League club or probably more likely a FL club. Silsden are still miles ahead of Steeton really, both financially and in terms of quality as they can afford the upkeep. Silsden's Reserves side is going semi-professional as of next season as well.

Keighley definitely needs sprucing up, it's a wasteland at the moment. Complete and utter dross in the town centre unfortunately and I have the misfortune of visiting.

[From Despair To Where?]

Now you mention it, it might have been Silsden I was thinking of rather than Steeton.

[YorkshireRoyal99]

Now you mention it, it might have been Silsden I was thinking of rather than Steeton.

Yeah, Steeton have only been semi-pro for a couple of seasons, Silsden have been semi-pro for many years previous to that and have a far better infrastructure than the former. Silsden moved to their Keighley Road Ground back in 2011 I think if memory serves? Spent considerable amounts of money on the pitch, stand and facilities, played the Keighley Cup final there last year and it's a great little place to play at. Hopefully they'll move onwards and upwards, but it needs a massive amount of investment to do so.

[Wycombe Royal]

Bristol City post a loss of £28.5m for the 2021-22 season, which is an improvement on the £38.4m loss the season before......

Looks like FFP rules could have been broken......

[Snowflake Royal]

Bristol City post a loss of £28.5m for the 2021-22 season, which is an improvement on the £38.4m loss the season before......

Looks like FFP rules could have been broken......

I don't think they made a £30m+ profit in 19-20 season, so seems likely.

6pts would put them bottom, too. Just.

[Stranded]

Bristol City post a loss of £28.5m for the 2021-22 season, which is an improvement on the £38.4m loss the season before......

Looks like FFP rules could have been broken......

I don't think they made a £30m+ profit in 19-20 season, so seems likely.

6pts would put them bottom, too. Just.

Total losses are not FFP losses. A lot of the money they have lost they are able to write off against those rules. It will be tight but they may be OK. If they do miss, it won't be to the same scale we did.