- 29,832
- Bratvegas
- GTP_Liquid
Should failing football clubs go bust?
- Thread starter Liquid
- 43 comments
- 2,688 views
- 5,494
- Melbourne, Living the dream
- Aldo_GTP
SPL is gash anyway. Should just horse the lot and get the S4 PE lesson from Buckie High School on TV. Nobody would be able to tell the difference...
But yeah I agree with daan, if they are going to give them a points penalty then at least make it one that counts for something.
But yeah I agree with daan, if they are going to give them a points penalty then at least make it one that counts for something.
- 2,553
- Scotland, UK
Yeah but man utd's debt will never be called upon. The tax case with rangers is basically a test run. After the case all clubs in britian will be under investigation, and probably the richest ones first. There was talk of some kind of money restriction for european tournaments anyway, I think it was to do with players wages - if they were higher than x then they couldnt play or something like that. I hope some cash restrictions go through to make it more open.
Lets behonest here, the money in football is ridiculous and thats from a proper football fan.
I dont think rangers will fold anyway for the reasons above, too big a club with so much history, and the SPL would only get worse being a one team league. TV rights would be worth less and less each season with no old firm.
Lets behonest here, the money in football is ridiculous and thats from a proper football fan.
I dont think rangers will fold anyway for the reasons above, too big a club with so much history, and the SPL would only get worse being a one team league. TV rights would be worth less and less each season with no old firm.
The reason why United's debt will never be called on is because it's sustainable debt for the club. They club have paid off 300 million in debt over the past 4 years which is due to the club strict policy on a 50% costs to profit margin.
With the share issue, the club is hoping to remove the rest of the bond debt.
How ever those suggesting complete fan ownership, should take a look at the mounting issues at Barcelona. Their success currently papers over massive cracks in their financial viability. Increasing yearly debt to the level of Chelsea is not something that just goes away. Especially in such an economically unstable country. Most of this of course is down to mis-management brought on by the pressure of fan ownership. The constant dick measure contest in the transfer window with Madrid, creates massive strain on their annual expenditure. Especially when they don't have the security that the city of madrid offers Real '400 million for their training ground etc' or the marketability.
Madrid have similar issues but get over it through their global appeal much like United.
A mate put it like this. Take Messi out of Barcelona and they go back to being just Barcelona. I mean you talk to the average barca 'fan', and they have no idea the impact that Iniesta and Xavi have on that side. Ronaldo was taken out of United and they still grew financially 'look at the 10 million a season training kit sponsorship with DHL for example' and if you were to take him out of Madrid, nothing would change financially for them. They'd just find another shiny player to fill the void.
With the share issue, the club is hoping to remove the rest of the bond debt.
How ever those suggesting complete fan ownership, should take a look at the mounting issues at Barcelona. Their success currently papers over massive cracks in their financial viability. Increasing yearly debt to the level of Chelsea is not something that just goes away. Especially in such an economically unstable country. Most of this of course is down to mis-management brought on by the pressure of fan ownership. The constant dick measure contest in the transfer window with Madrid, creates massive strain on their annual expenditure. Especially when they don't have the security that the city of madrid offers Real '400 million for their training ground etc' or the marketability.
Madrid have similar issues but get over it through their global appeal much like United.
A mate put it like this. Take Messi out of Barcelona and they go back to being just Barcelona. I mean you talk to the average barca 'fan', and they have no idea the impact that Iniesta and Xavi have on that side. Ronaldo was taken out of United and they still grew financially 'look at the 10 million a season training kit sponsorship with DHL for example' and if you were to take him out of Madrid, nothing would change financially for them. They'd just find another shiny player to fill the void.
- 29,832
- Bratvegas
- GTP_Liquid
- 2,553
- Scotland, UK
Rangers have thrown away a 15 point lead so...
Celtic have lost the league 3 years in a row so I suppose they are due a wee turn.
Last edited:
Just when you think things can't get worse for Rangers...
http://www.bbc.co.uk/sport/0/football/17072133
http://www.bbc.co.uk/sport/0/football/17072133
Not exactly unexpected that investors are not interested in ranger. The whole Scottish league is down the toilet. There is nothing to be made in investing in Rangers. They'll never win the CL, and it's a competition between themselves and Celtic each year.
Most would rather invest in a championship side and try and make a name for themselves that way.
