Freddie Hill Posted February 6, 2019 Share Posted February 6, 2019 https://oddschanger.com/football-news/much-championship-club-owes-banks-owners Quote Link to comment Share on other sites More sharing options...
Site Supporter MickyD Posted February 6, 2019 Site Supporter Share Posted February 6, 2019 Bloody hell! Are we so mismanaged that our comparatively small debt is weighing us down more than Stoke, Blackburn and Boro's massive debts are weighing them down? Oh for an I'm-so-rich-I-don't-give-a-fuck bailout. Venkys... what made them drive past Bolton to go and splash £100m at Blackburn? Quote Link to comment Share on other sites More sharing options...
Moderators Carlos Posted February 6, 2019 Moderators Share Posted February 6, 2019 I suggest you google "cash flow". Stoke have a billionaire owner. Quote Link to comment Share on other sites More sharing options...
Moderators Zico Posted February 6, 2019 Moderators Share Posted February 6, 2019 we'd have been bottom of the list a few years back when ED was lending us cash to the tune of £200M or whatever it was Stoke's owner could wipe it all out tomorrow and do one leaving them on zero, like ED did - soon builds up again I doubt they'll be calling in that debt anytime soon, same goes for Boro Quote Link to comment Share on other sites More sharing options...
Breightmet Boy Posted February 6, 2019 Share Posted February 6, 2019 Just downright ridiculous the debts of some clubs, Brentford, how are they gonna get out of that? I honestly think the EFL need to get a tighter grip, some clubs must be on a knife edge of administration. Sky money my arse, its obviously not done any good at all Quote Link to comment Share on other sites More sharing options...
radcliffe white Posted February 6, 2019 Share Posted February 6, 2019 Bit worrying for Brentford & Ipswich massive debts them Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted February 6, 2019 Site Supporter Share Posted February 6, 2019 15 minutes ago, Breightmet Boy said: Just downright ridiculous the debts of some clubs, Brentford, how are they gonna get out of that? I honestly think the EFL need to get a tighter grip, some clubs must be on a knife edge of administration. Sky money my arse, its obviously not done any good at all This is the issue, as long as their backers don't want their money back then it doesn't matter. That's where it falls down- ffp supposed to stop this but not sure how effective it is. As you say, huge money in the game from sky, but clubs aren't necessarily any better placed. Quote Link to comment Share on other sites More sharing options...
dazl1212 Posted February 6, 2019 Share Posted February 6, 2019 Outrageous. Quote Link to comment Share on other sites More sharing options...
Site Supporter MickyD Posted February 6, 2019 Site Supporter Share Posted February 6, 2019 3 hours ago, ZicoKelly said: Stoke's owner could wipe it all out tomorrow and do one leaving them on zero, like ED did - soon builds up again I doubt they'll be calling in that debt anytime soon, same goes for Boro But if they did... I always wondered, when the likes of Obramavich came onto the scene, what happens if he gets bored and finds some other hobby? Same for every other millionaire backer. Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted February 6, 2019 Share Posted February 6, 2019 There should be 2 separate lists - 1, How much you owe the bank/Finance houses and 2,How much you owe your owners. The bank has to be paid, but most of the owners know they won't get their money back therefore it's not a true debt. Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted February 6, 2019 Site Supporter Share Posted February 6, 2019 2 hours ago, MickyD said: But if they did... I always wondered, when the likes of Obramavich came onto the scene, what happens if he gets bored and finds some other hobby? Same for every other millionaire backer. Genuine question: the likes of Chelsea at the very top; are they getting to the point of self sufficiency now- the sky money, champs league etc must be massive. Or are the sugar daddies still funding them? Quote Link to comment Share on other sites More sharing options...
Moderators Zico Posted February 6, 2019 Moderators Share Posted February 6, 2019 2 hours ago, MickyD said: But if they did... I always wondered, when the likes of Obramavich came onto the scene, what happens if he gets bored and finds some other hobby? Same for every other millionaire backer. Same as what happened to us when ED turned the taps off Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted February 6, 2019 Moderators Share Posted February 6, 2019 Not if you're in the prem when it happens Quote Link to comment Share on other sites More sharing options...
Guest Posted February 6, 2019 Share Posted February 6, 2019 In a free market economy, it doesn’t matter, people should be able to spend/spunk what they want. Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted February 6, 2019 Site Supporter Share Posted February 6, 2019 6 minutes ago, boltondiver said: In a free market economy, it doesn’t matter, people should be able to spend/spunk what they want. A fair point. I think if they're going to have rules like ffp, then make them fit for purpose and uphold them. Otherwise don't bother. Halfway house serves no one. Quote Link to comment Share on other sites More sharing options...
Moderators Zico Posted February 6, 2019 Moderators Share Posted February 6, 2019 1 hour ago, Casino said: Not if you're in the prem when it happens In which case they either just sell up or fuck around with it for a laugh and wind the fans up, like Mike Ashley does Quote Link to comment Share on other sites More sharing options...
MancWanderer Posted February 6, 2019 Share Posted February 6, 2019 3 hours ago, Tonge moor green jacket said: Genuine question: the likes of Chelsea at the very top; are they getting to the point of self sufficiency now- the sky money, champs league etc must be massive. Or are the sugar daddies still funding them? Wasn’t this the basis for the questions being asked about City re FFP and where their money was coming from? With some players earning up to £250K a week, even the SKY money and Champions League earnings couldn’t cover their outgoings, and they were still reliant on massive funding from the owners?? Might be reading it all wrong? Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted February 6, 2019 Share Posted February 6, 2019 I’d truly love Man City’s owners to do one, how good would that be. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted February 6, 2019 Share Posted February 6, 2019 We owe 22.5 million. Looks like they’ve included the 15 million Eddie left on the books, that would in real terms our is 7.5 million, thought we owed Eddie 5, Brett 2.5 and Michael James 5? Quote Link to comment Share on other sites More sharing options...
Members bolty58 Posted February 7, 2019 Members Share Posted February 7, 2019 2 hours ago, Mounts Kipper said: I’d truly love Man City’s owners to do one, how good would that be. Must just be me but I'd rather see something financially harrowing happen to the DMB's. What are we living for? To see United in Division Four. Quote Link to comment Share on other sites More sharing options...
birch-chorley Posted February 7, 2019 Share Posted February 7, 2019 12 hours ago, Burndens Bogs said: There should be 2 separate lists - 1, How much you owe the bank/Finance houses and 2,How much you owe your owners. The bank has to be paid, but most of the owners know they won't get their money back therefore it's not a true debt. Aye The debt to owners is usually just tax avoidance If ever the club does have a cash surplus / make a profit then it just pays the owners debt off meaning tax man gets nothing ever It's effectively someone owing themselves money Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted February 7, 2019 Share Posted February 7, 2019 5 hours ago, bolty58 said: Must just be me but I'd rather see something financially harrowing happen to the DMB's. What are we living for? To see United in Division Four. I’d prefer both in division 4. Quote Link to comment Share on other sites More sharing options...
MalcolmW Posted February 7, 2019 Share Posted February 7, 2019 17 hours ago, Tonge moor green jacket said: Genuine question: the likes of Chelsea at the very top; are they getting to the point of self sufficiency now- the sky money, champs league etc must be massive. Or are the sugar daddies still funding them? Abramovich set out with the intention of making the club self-sufficient. He may well have accepted the possibility of eventually being excluded from the UK in view of his closeness to Putin. Quote Link to comment Share on other sites More sharing options...
DirtySanchez Posted February 7, 2019 Share Posted February 7, 2019 41 minutes ago, MalcolmW said: Abramovich set out with the intention of making the club self-sufficient. He may well have accepted the possibility of eventually being excluded from the UK in view of his closeness to Putin. Also the reason their new ground has been put on hold Quote Link to comment Share on other sites More sharing options...
radcliffe white Posted February 7, 2019 Share Posted February 7, 2019 Premier league clubs have capped away tickets at £30 for 3 more seasons Quote Link to comment Share on other sites More sharing options...
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