StanSP Posted 24 March 2009 Posted 24 March 2009 Taken from the Beeb's Gossip Column: Hundreds of players in the Championship, League One and League Two are in danger of being out of work this summer as up to 10 clubs could go bust because of the economic crisis. (Daily Mirror) Any ideas on which 10 clubs they could be??
davieG Posted 24 March 2009 Posted 24 March 2009 No, but if it means a substantial cut in players wages then it's not all bad news, well not for football in general. Horrible for the fans of those clubs.
MC Prussian Posted 24 March 2009 Posted 24 March 2009 Manchester City? West Ham? Newcastle? Cardiff? Watford? Southampton? Leeds? Cheltenham? I'm guessing wildly here.
Shrenchel Posted 24 March 2009 Posted 24 March 2009 No, but if it means a substantial cut in players wages then it's not all bad news, well not for football in general. Horrible for the fans of those clubs. True apart from the fact the premier league won't have to cut their wages because they've still got TV money coming out of their arse, so the gulf between the leagues will just get bigger and bigger. Manchester City? West Ham? Newcastle? Cardiff? Watford? Southampton? Leeds? Cheltenham?I'm guessing wildly here. Three of those teams are in the prem mate. Leeds made a 4.5 million pound profit. Southampton and Cheltenham are fooked though.
StanSP Posted 24 March 2009 Author Posted 24 March 2009 Manchester City? West Ham? Newcastle? Cardiff? Watford? Southampton? Leeds? Cheltenham?I'm guessing wildly here. Too wildly . Quote only mentions Championship and L1 and L2 clubs
Bert Posted 24 March 2009 Posted 24 March 2009 Newcastle could well become a Championship club in the next few months.
C-man Posted 24 March 2009 Posted 24 March 2009 Let's not forget that it's Daily Mirror's economic speculation here. It's about as reliable as Kerrea Gilbert's crossing.
Webbo Posted 24 March 2009 Posted 24 March 2009 Hundreds of players in the Championship, League One and League Two are in danger of being out of work this summer as up to 10 clubs could go bust because of the economic crisis. (Daily Mirror) Replace the word bust with 'go into administration'.Said club will then be bought for a pound by a bunch of plucky local business men and will struggle on for another 2 years before it's in trouble again. Hardly news.
Simi Posted 24 March 2009 Posted 24 March 2009 Liverpool and Man United without doubt. People will refuse to beleive it, but how long can there busted owners carry on getting these massive loans from banks? I realise they are in the Prem btw.
Fez of Mahrez Posted 24 March 2009 Posted 24 March 2009 I hated that the emphasis with that story was on the players.
DJ Barry Hammond Posted 24 March 2009 Posted 24 March 2009 No, but if it means a substantial cut in players wages then it's not all bad news, well not for football in general. Horrible for the fans of those clubs. Lets face it, it won't be the mega bucks stars that would get hit in the pocket, it will be the YTS's and lower league journeymen that will get hit, and I can't imagine they're earning a great whack? I'm hoping that this will mean the potential of a wage cap is seriously thought about. (capped dependant on % of the previous seasons fans through the gate. Note - not gate receipts!) It could help establish a more level playing field for all teams and illustrate the importance of fans to a club.
Lovejoy Posted 24 March 2009 Posted 24 March 2009 I tried to have a conversation about this today with a Liverpool "fan". He didn't even realise League 1 and 2 were professional . Oh, and didn't give a toss, as nobody to do with the Prem really does.
AmericanScott Posted 24 March 2009 Posted 24 March 2009 I tried to have a conversation about this today with a Liverpool "fan". He didn't even realise League 1 and 2 were professional . Oh, and didn't give a toss, as nobody to do with the Prem really does. Did you smack him? I can't have conversations with those kinds of people about football. They really make my blood boil.
Lovejoy Posted 24 March 2009 Posted 24 March 2009 Did you smack him? I can't have conversations with those kinds of people about football. They really make my blood boil. He's one of my best mates, so I settled for a mild insult rhyming with Kenny Lunt . Normally I don't talk football with the like, easy to see why .
hairy Posted 24 March 2009 Posted 24 March 2009 The figures not high when you consider how many nearly went bust this season but its not good for football and especially the fans. Its even more fcked now with the points deductions.
Jordan Posted 25 March 2009 Posted 25 March 2009 The figures not high when you consider how many nearly went bust this season but its not good for football and especially the fans. Its even more fcked now with the points deductions. For some reason, I'm imagining a league table next season with every team starting at -10 or -15 points for going into administration. That would be awful yet ironically hilarious at the same time.
Ford Super Sunday Posted 25 March 2009 Posted 25 March 2009 Liverpool and Man United without doubt. Absolutely right, take a butchers at this Guardian article... How are we to make sense of the news that Manchester United's enormous debts – £667m as of last year's accounts – are being sold at a loss by crisis-stricken financial institutions in the City of London? Banks, hedge funds and private equity speculators, all wrestling with the economy's general collapse, are, according to the financial data company Markit, flogging off United's steepling loans at 70% of their value.One well-informed City source said that is the price only of United's "senior" debt, the £425m secured on Old Trafford, the Carrington training ground, the gilded players, season tickets, commercial contracts, on the lock, stock and corporate barrel of English football's most glittering club. A further £90m of loans, which are not secured, are being sold for 50p in the pound, while the rest of the £667m – £152m "payment in kind" debt, loaned originally by hedge funds at a swingeing 14.25% interest – is said to be available for buyers who can name their price. Guardian Article Continues Here
Ultra Posted 25 March 2009 Posted 25 March 2009 Manchester City? West Ham? Newcastle? Cardiff? Watford? Southampton? Leeds? Cheltenham?I'm guessing wildly here. The article in the paper mentioned Southampton, Charlton, Stockport, Cheltenham, Darlington, Bournemouth and Chester. Some of the Conference clubs aren't looking too clever either, especially Weymouth and Lewes.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.