by Jackson Corner » 01 Jun 2011 14:35
by Toon Toon Blue army » 01 Jun 2011 14:40
by Who Moved The Goalposts? » 01 Jun 2011 15:11
Jackson Corner You start off as a mid table Champioship side spend heavily to get in the Prem. Over the next 8 years spend way beyond your means buying England internationals Crouch, Defoe Campbell, James, Johnsson as well as several overseas stars. 90% of your turnover goes on players wages. You win the FA cup make 5 trips to Wembley in two years qualify for Europe play AC Milan. You then go in to recevership whilst bottom of the league get a nine point deduction even though you are going down anyway. Rack up debts of 150 million but this is OK as the good old tax payer (ie us) will bail you out. Survive one year in the chamionship with a load of expensive loans. And then find yourself a buyer who does not have to worry about any previous debts as they are not there problem and start all over again.
Why do we bother to cut our cloth? As the chairman puts it.
http://news.bbc.co.uk/sport1/hi/football/13614706.stm
by weybridgewanderer » 01 Jun 2011 15:20
by Red » 01 Jun 2011 15:50
by From Despair To Where? » 01 Jun 2011 16:05
Red I'm really sick of how football is run and it's at least part of the reason why I don't attend matches anymore.
What I'd really like to see introduced is a wage cap. Apparently the NHL do this - as well as keeping wages and costs down it also makes for a more competitive league as it's not just the clubs with the biggest budget that wins all the time.
But it's about as likely to happen as terraces are to return.
by Red » 01 Jun 2011 16:07
by Royal Rother » 01 Jun 2011 16:13
Red I'm really sick of how football is run and it's at least part of the reason why I don't attend matches anymore.
What I'd really like to see introduced is a wage cap. Apparently the NHL do this - as well as keeping wages and costs down it also makes for a more competitive league as it's not just the clubs with the biggest budget that wins all the time.
But it's about as likely to happen as terraces are to return.
by The Doctor » 01 Jun 2011 18:08
by Rev Algenon Stickleback H » 01 Jun 2011 18:22
The Doctor i expect pompey will be the more successful.
by Mr Angry » 01 Jun 2011 18:38
The Doctor worth noting however that the new owner has said from the off that he bought the club as a business and wont spunk his money away friverously on them. it sounds very much like he will run the club more sensibly and aim high. if that is the case it'll be interesting to see how they compare to ourselves. Similar crowds, club size.. ambition vs budgets, i expect pompey will be the more successful.
by Jackson Corner » 02 Jun 2011 01:44
by Svlad Cjelli » 02 Jun 2011 08:53
Jackson Corner Barry Hearn was right when he said all clubs that go in to administration should be relegated two divisions. Otherwise whats the point?
SJM didn't back him up nore did any other football league chairman. Why should Preston and Sheffield Utd go down when Palace and Pompey stay up??/ They have stayed within there budgets whilst the other two have taken the piss.
by Harpers So Solid Crew » 02 Jun 2011 09:46
by Mr Angry » 02 Jun 2011 12:08
Svlad CjelliJackson Corner Barry Hearn was right when he said all clubs that go in to administration should be relegated two divisions. Otherwise whats the point?
SJM didn't back him up nore did any other football league chairman. Why should Preston and Sheffield Utd go down when Palace and Pompey stay up??/ They have stayed within there budgets whilst the other two have taken the piss.
You'd have to have an "amnesty" or equivalent - because the problem is that clubs now are oftern lumbered by the debts incurred by the actions of past owners. I have no idea how you'd square that circle, but certainly some clubs that go into administration hve done everything right but just can't cope with the financial circumstances they're in - especially when they rescue a club that's previously been shafted.
by Red » 02 Jun 2011 12:12
by savage 4 england » 02 Jun 2011 17:37
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