AlwaysRed66
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- Jan 26, 2016
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What is really sad is when you have mercenaries like Sanchez on around £350-500,000 per week, & not even doing a decent days work.
Why are there so many crooks involved in football? Actually I probably know the answer to that.
Another of his matesSteve Vaughan!!!! Boooooo!!!!
There was a Rochdale fan on Talksport before. Bury is their biggest derby and that game brings in a lot of money, which Rochdale will now lose as well. The amount of business in Bury this will affect, pubs, food outlets which are now going to lose valuable income.
If their fans all stick with them/the "new" club and continue to attend matches then I'd imagine they can fly up the lower divisions pretty quickly.I don't get it either. You put your heart and soul into the club.
To go from celebrating promotion to this.If their fans all stick with them/the "new" club and continue to attend matches then I'd imagine they can fly up the lower divisions pretty quickly.
See what you mean.
Frith has also called for an investigation into the deal by which a company, RCR Holdings, bought for £70,000 any potential claim against Bury by Day’s company Mederco, which is in administration. The Mederco administrator told creditors it was uncertain if a claim could be made, as loans from Mederco did appear to have been converted into shares at the club. Nevertheless, the potential claim was admitted into the Bury CVA as a £7m debt owed to Mederco. RCR’s £7m vote enabled Dale to have the CVA passed with the necessary majority of creditors. RCR’s sole owner and director, Kris Richards, confirmed to BBC Radio Manchester that he is Dale’s daughter’s partner. Dale responded: “All dealings with the CVA have been done in a correct and proper manner.”
That's the same with anything and any job. There will be people losing jobs every day on minimum wage whilst directors of companies will make millions a year.What is really sad is when you have mercenaries like Sanchez on around £350-500,000 per week, & not even doing a decent days work.
Someone from the EFL was on sky earlier saying due diligence was done but lessons will be learntSurely with that kind of negligence someone must be accountable for what has happened?
What a stupid answer. What lessons, not to let shady businessmen destroy a football club..Someone from the EFL was on sky earlier saying due diligence was done but lessons will be learnt
Till next time.
Exactly, if PL clubs gave more money to lower league clubs then the additional money would instantly be spent on higher player wages. As soon as one club is prepared to use the extra money to get better players, the other clubs do the same to keep up.This is devastating for the fans. I used to follow may local League 2 club regularly but wasn't a die hard fan like some. The commitment shown by some fans of football clubs is incredible. Especially when said club has very little success.
That said, the stark reality is that clubs like Bury will continue to struggle. Few countries have four fully professional leagues and its not hard to see why. There is a lot else competing for people's attention these days - including top level football readily available on TV, but generally the days of Saturday afternoon being about watching your local team are gone.
I don't get the argument that the PL clubs should fund the lower leagues, by whatever means simply because they have the money to do so. These are loss making businesses, often run by people with no real qualifications to run them, or worse, at best iffy businessmen trying to somehow make some money from it, usually by pretending they have money they don't to get control in the first place. If the PL funds this then you're only going to see more of the latter. The bottom line is a club which has a ground to look after, staff and players to pay can't always survive on gate receipts from 5000 (or, in many cases less) fans and limited TV money which is largely down to trying to sell a product with limited appeal.
Simon Jordan was speaking with some sense about this on the radio the other week. He was speaking about how clueless some of the owners were about the challenges the clubs faced and how to address them. He made the point that the Football League arguably doesn't work because every club gets a vote, despite the huge differences between clubs at the top of the Championship and those further down. Clubs who want the PL have a different agenda to those simply trying to survive.
All in all, its very sad, but I'm not sure there's an easy answer. If a business can't make enough money to survive, it doesn't and that applies in football as well. Despite people's emotional attachment.
The actual attendances in L1/2 aren't much different to the attendances in the old D3/4 of the 70s. What has changed is the amount of money in the PL, and the ripple down effect on the lower leagues. The financial difference between the levels of the pyramid are now massive - the temptation to gamble to get promotion isThat said, the stark reality is that clubs like Bury will continue to struggle. Few countries have four fully professional leagues and its not hard to see why. There is a lot else competing for people's attention these days - including top level football readily available on TV, but generally the days of Saturday afternoon being about watching your local team are gone.
Whilst a certain amount of due diligence is required, it's a tough position for the Football League. How do you determine if a proposed buyer is "shady"? The problem is that 90% of football clubs in the lower leagues are not attractive to potential buyers and generally, a buyer "rescues" a club in trouble - like the owner of Bury did. If the FL refused him the chance the club may have gone under then and they'd be the bad guys.What a stupid answer. What lessons, not to let shady businessmen destroy a football club..
His track record should have raised flags 43 liquidations in 51 of his businesses so far.Whilst a certain amount of due diligence is required, it's a tough position for the Football League. How do you determine if a proposed buyer is "shady"? The problem is that 90% of football clubs in the lower leagues are not attractive to potential buyers and generally, a buyer "rescues" a club in trouble - like the owner of Bury did. If the FL refused him the chance the club may have gone under then and they'd be the bad guys.
Its tough for the Football League to make a judgement on someone at that point since it is unlikely they will be sufficiently independently rich, or well known to actually guarantee they can invest millions. What you or I may consider "rich" people or successful businessmen are often asset rich but don't have millions lying around. Funding streams are not always guaranteed - for example, a bank might allow an overdraft to be run up but then call it in or potential investors may pull out. Its not always easy to tell what people's motives are. I read an article that the owner of Bury had 17 "dissolved" companies. That in itself means very little since people legitimately dissolve companies all the time for numerous reasons. He may well prove to be dodgy but I suspect it's often hard to tell at the outset.
As I said above, very few easy answers here and its the fans who suffer. That's the worst part.
Sorry, but I never stated that premier League clubs should pay for the failures, just that there needs to be a fairer way of distributing the money in the game, not sure what you got from my original post?!Have to strongly disagree.
No way should the Premier League or the clubs give money to crooked owners or fund sheer incompetence. You cut your cloth according to the TV deals, sponsors and gate receipts/merch.
If an owner wants to asset strip a club it would foolish in the extreme to fund that.
What should happen is more safeguards in terms of rules so clubs can be used to fund other crap or gamble the club away.
If there's something viable about the club it will carry on and survive just like any business.
More money just means more money to steal or misuse.
This is the Bury and Bolton thread. The lower leagues are functioning fine and hundreds of smaller clubs than Bury are still going. They just pay the staff what they can afford.Sorry, but I never stated that premier League clubs should pay for the failures, just that there needs to be a fairer way of distributing the money in the game, not sure what you got from my original post?!
The premiership has created a monopoly of TV games nearly and it's destroying the lower leagues, but I agree that crap.owners aren't helping.
His track record should have raised flags 43 liquidations in 51 of his businesses so far.
What did they expect to happen?
I'm on my phone but it's in the papers todayThat's plain, out and out crazy.
Do you have a link for that info, please ??
Thanks...I'm on my phone but it's in the papers today
It’s the sun but one of their more fact based stories with some more info that disgrace of a man.That's plain, out and out crazy.
Do you have a link for that info, please ??
Thanks.It’s the sun but one of their more fact based stories with some more info that disgrace of a man.
https://www.thesun.co.uk/sport/football/9781371/bury-efl-steve-dale-debt-save/
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Sorry but you are so so wrong.This is the Bury and Bolton thread. The lower leagues are functioning fine and hundreds of smaller clubs than Bury are still going. They just pay the staff what they can afford.
You say lower leagues are getting destroyed, how exactly? Perhaps this is another thread topic where you can include evidence. If people stop going/watching then the club/league will have to face facts no-one wants to go and "distributing money" won't solve anything. The country and society will change and evolve, propping up dead clubs is not the way to go about it just like any business.
Premier League is now a global brand. The lower leagues probably won't be and if they want to increase revenue they should look into ways of marketing to the best of their means.
I wouldn't obsess over numbers/digits of one club or league to another. You run your club like any other business and if it's no longer viable it's gone. You earn and pay within the means of the club whether that's £50 per week for a player or 500 or 5000. Extra money doesn't solve anything at all, distributing money in the game as you put it, which is the Premier league's fairly earned money would mean dodgy owners paying players more and going broke or stealing more.
The fairest way is the current one where you run within your means of income and capability. Subsidizing, or distributing money only means an increase in digits.
I think you're exaggerating about leagues getting destroyed but there will be locations where clubs will have to downsize, some will grow due to location and better running. Clubs and leagues will have to adapt and evolve to people's habits, geography and technology.
In a hundred years people might not even care about a bag of wind being kicked around and the tribal nature of it and all the clubs go to the wall.
They won't rescind.Still a chance for them apparently, money has been put in the bank by an international consortium and the EFL have seen it. It’s up to the EFL to rescind the decision.
Threat of an injunction against them if they don’t, uefa and fifa run for the hills once a lawyer gets involved so be surprised to see the EFL make a stand.They won't rescind.
They should.
But they won't.
I get the feeling though that the integrity of the league would be at stake if they rescinded the decision, I'm sure that's the line the EFL will take anyhow.Threat of an injunction against them if they don’t, uefa and fifa run for the hills once a lawyer gets involved so be surprised to see the EFL make a stand.
I think we'll see it changed. But the central model of a club comprising a bunch of limited companies places massive limitations on that. Anyone can buy the shares, so anyone can be the owner. The only real sanction the EFL has got is club expulsion.They should admit that FFP is not being used as it should and either change it or bin it completely
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You don't seem to understand what I've said. I didn't say there's not one club struggling but there are hundreds still going with many people in the stadiums up and down the country. Some will struggle, some will be poorly run and ask for help and like I said clubs and leagues will have to adapt to changes in peoples habits, geography and technology. If we take your scenario as fact that people are not going to said club, then some more money isn't going to tempt them back.Sorry but you are so so wrong.
My local clubs chairman is asking for fans to buy shares in order to fund the club, there are chairman who have stated that their club are one defaulted mortgage payment away from going the way of Bury.
Get your head out if the sand and wake the hell up, these clubs are not ' running above their means' they have been put out of business by a bigger monopoly in the premiership, people would rather watch City, United etc on TV then lower leagues.
I actually cannot believe what you are saying, I despair I really do.
I give up.You don't seem to understand what I've said. I didn't say there's not one club struggling but there are hundreds still going with many people in the stadiums up and down the country. Some will struggle, some will be poorly run and ask for help and like I said clubs and leagues will have to adapt to changes in peoples habits, geography and technology. If we take your scenario as fact that people are not going to said club, then some more money isn't going to tempt them back.
I think you need to get your head out of the sand, you can't stop the change happening.