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Study: Premier League clubs failing financially
Posted on 7/10/17 at 7:54 am
Posted on 7/10/17 at 7:54 am
quote:
Premier League clubs are living beyond their means, and are squandering the vast TV revenue they receive.
Those are the findings of financial analysis experts Vysyble, who estimate that, between them, clubs lose an average of £876,000 every single day, and are failing to meet the ever-increasing costs of wages and transfers.
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Posted on 7/10/17 at 8:14 am to Draconian Sanctions
quote:
Those are the findings of financial analysis experts Vysyble, who estimate that, between them, clubs lose an average of £876,000 every single day, and are failing to meet the ever-increasing costs of wages and transfers.
Well that's why you get a billionaire Sheikh.
Posted on 7/10/17 at 8:15 am to Draconian Sanctions
WOATmeirship problems
Posted on 7/10/17 at 8:18 am to Draconian Sanctions
But, but pro/rel...
Posted on 7/10/17 at 8:22 am to pvilleguru
quote:
But, but pro/rel...
Posted on 7/10/17 at 8:52 am to McCaigBro69
quote:
Well that's why you get a billionaire Sheikh.
Striking the lottery must be nice
when operating in the red doesn't matter
Posted on 7/10/17 at 9:01 am to Draconian Sanctions
quote:
and are failing to meet the ever-increasing costs of wages and transfers.
Daniel Levy scoffs at this study.
Posted on 7/10/17 at 9:05 am to Draconian Sanctions
quote:
Manchester United have announced an operating profit of £37.6m in the club's quarterly figures
Sorry, broke bois
Posted on 7/10/17 at 9:26 am to McCaigBro69
quote:
Well that's why you get a billionaire Sheikh.
Kinda what I was thinking. Chelsea/City don't seem to mind spending retarded money. Matter of fact, neither do PSG. English clubs are a victim of their own success and popularity. It's pretty lame that basically every major European club outside of England plays in a shite 1 or 2 team league.
Posted on 7/10/17 at 9:29 am to StraightCashHomey21
quote:
Striking the lottery must be nice
I mean you lot aren't where you are w/out John Henry Davies. Probably cease to exist if not for him, tbh.
Gotta love those sugar daddies.
Posted on 7/10/17 at 10:00 am to McCaigBro69
quote:
I mean you lot aren't where you are w/out John Henry Davies. Probably cease to exist if not for him, tbh. Gotta love those sugar daddies.
I wouldn't exactly call that a sugar daddy even over 100 years ago.
Someone is believing all the bullshite poster on City message boards.
Posted on 7/10/17 at 10:07 am to StraightCashHomey21
quote:
I wouldn't exactly call that a sugar daddy even over 100 years ago.
Someone had to pay that like 600 debt before you guys dissolved
quote:
Someone is believing all the bull shite poster on City message boards.
Wahhhhh, facts hurt.
Posted on 7/10/17 at 10:09 am to McCaigBro69
quote:
Someone had to pay that like 600 debt before you guys dissolved
o mannnn
quote:
Wahhhhh, facts hurt.
more like bitter blues distorting events to fit their narrative.
Posted on 7/10/17 at 10:37 am to StraightCashHomey21
heh or you can build a huge new stadium and sell your players to finance it. 
Posted on 7/10/17 at 11:42 am to StraightCashHomey21
quote:
more like bitter blues distorting events to fit their narrative
Big brothers shouldn't act so desperately
Posted on 7/10/17 at 12:35 pm to WaltTeevens
quote:
Big brothers shouldn't act so desperately
Posted on 7/10/17 at 2:49 pm to Draconian Sanctions
It's gonna be so sweet when every club but Spurs goes bankrupt.
Posted on 7/10/17 at 3:34 pm to Draconian Sanctions
Well, this thread has delivered
Posted on 7/10/17 at 3:42 pm to Draconian Sanctions
Bantz everywhere.
Meanwhile in the big leagues, anii are being prepared in advance of the EFL Carabao (?) Cup.
Meanwhile in the big leagues, anii are being prepared in advance of the EFL Carabao (?) Cup.
Posted on 7/10/17 at 3:52 pm to S
Not surprising.
The same thing is kind of happening in America, but from the TV rights perspective, as the big sports companies are spending an unsustainable amount for TV broadcasting rights, which in turn leads to unsustainably high contracts, most noticeably in the NBA.
The way we are watching sports is rapidly changing away from the traditional cable subscription model, which will continue to hemmorage money. The failure of ESPN's Longhorn Network (a channel dedicated solely to the University of Texas) is a great example. Eventually the bubble will burst, and the market will restore parity and stability, as it always does, but it could be a while.
The same thing is kind of happening in America, but from the TV rights perspective, as the big sports companies are spending an unsustainable amount for TV broadcasting rights, which in turn leads to unsustainably high contracts, most noticeably in the NBA.
The way we are watching sports is rapidly changing away from the traditional cable subscription model, which will continue to hemmorage money. The failure of ESPN's Longhorn Network (a channel dedicated solely to the University of Texas) is a great example. Eventually the bubble will burst, and the market will restore parity and stability, as it always does, but it could be a while.
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