Generic clubs in financial crisis Thread

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From Despair To Where?
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Re: Generic clubs in financial crisis Thread

by From Despair To Where? » 30 Aug 2019 09:22

Exactly my point. The EFL sets it's own terms of membership. It shouldn't take until a month into the new season to say enough is enough when this all started 9 months ago.

In other countries, clubs have to provide assurances of financial viability at the start of each season in order to compete.

I would also say that selling a club for £1 should immediately trigger an investigation into viability.

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Re: Generic clubs in financial crisis Thread

by Sutekh » 30 Aug 2019 13:25

From Despair To Where? Exactly my point. The EFL sets it's own terms of membership. It shouldn't take until a month into the new season to say enough is enough when this all started 9 months ago.

In other countries, clubs have to provide assurances of financial viability at the start of each season in order to compete.

I would also say that selling a club for £1 should immediately trigger an investigation into viability.


Would agree with this and i personally don’t think either Bolton or Bury should have been allowed to kick a ball this season without deals being satisfactorily in place. The league could then have granted a 2 week extension to get it sorted or be expelled

It certainly seems at odds to the various non league organisations who don’t seem to take any messing about when it comes to clubs in difficulties

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Re: Generic clubs in financial crisis Thread

by Green » 30 Aug 2019 13:47

From Despair To Where? In other countries, clubs have to provide assurances of financial viability at the start of each season in order to compete.

They do things better abroad klaxon

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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 30 Aug 2019 23:04

From Despair To Where? If I don't continue to have funds to pay for my house, I lose it.

The EFL is basically a private trade organisation. They can stipulate whatever they want as terms of membership. They can say that continued membership is dependant on a review by an auditor in the event of a change of ownership.

It's the remit of the EFL to maintain the integrity of the competition. They have failed to do that.

Plenty of other FAs do it and take hard line.

Er. No if you own your house outright, it just falls into disrepair. Day didn't have a mortgage with the FL ffs.

The FL have literally done what you're bitching about them not doing. They set a requirement, it wasn't followed. They demanded action, it wasn't taken. They kicked Bury out. The only difference is you seem to expect them to have kicked Bury out immediately.

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Re: Generic clubs in financial crisis Thread

by From Despair To Where? » 30 Aug 2019 23:38

Come on Ian, if you'd actually read what I said, my point was that they had 8 months to take effective action before the start of this season and didn't. The situation At Bury hasn't suddenly deteriated. This shouldn't have impacted on the start of the season.

I also think the EFL can do more to make member clubs prove they are financially viable for the season. They set the rules of membership after all. If that means kicking out 10 clubs to get the house in order, so be it. Other leagues manage to do it.


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Re: Generic clubs in financial crisis Thread

by leon » 30 Aug 2019 23:52

Green
From Despair To Where? In other countries, clubs have to provide assurances of financial viability at the start of each season in order to compete.

They do things better abroad klaxon

Tired

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Re: Generic clubs in financial crisis Thread

by exileinleeds » 03 Sep 2019 16:32

It seems GMP are investigating allegations of fraud at Bury, and have been since June.

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Re: Generic clubs in financial crisis Thread

by The Enfield Royal71 » 03 Sep 2019 21:27

exileinleeds It seems GMP are investigating allegations of fraud at Bury, and have been since June.


What have good morning Britain got to do with that?

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Re: Generic clubs in financial crisis Thread

by exileinleeds » 03 Sep 2019 22:49

The Enfield Royal71
exileinleeds It seems GMP are investigating allegations of fraud at Bury, and have been since June.


What have good morning Britain got to do with that?


What the fukk has some stupid daytime TV programme got to do with Greater Manchester Police?


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Re: Generic clubs in financial crisis Thread

by Sutekh » 13 Sep 2019 13:25

Seems Middlesbrough are to sue the FL over Derby being allowed to sell their ground.

https://www.thenorthernecho.co.uk/sport ... -spending/

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Re: Generic clubs in financial crisis Thread

by WoodleyRoyal » 25 Sep 2019 14:56

hearing on the grapevine that Pompey are oxf*rd again and could be close to going bust

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Re: Generic clubs in financial crisis Thread

by Old Man Andrews » 25 Sep 2019 14:59

WoodleyRoyal hearing on the grapevine that Pompey are oxf*rd again and could be close to going bust

:D :D :D You are aware of who owns them?

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Re: Generic clubs in financial crisis Thread

by Hendo » 25 Sep 2019 15:04

Micky Mouse club if you ask me.


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Re: Generic clubs in financial crisis Thread

by Old Man Andrews » 25 Sep 2019 15:08

They have made a load of Goofy decsions in the past though.

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Re: Generic clubs in financial crisis Thread

by Uke » 25 Sep 2019 15:32

As long as they have a lad in every position they'll be OK

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Re: Generic clubs in financial crisis Thread

by Old Man Andrews » 25 Sep 2019 16:38

Uke As long as they have a lad in every position they'll be OK

Theres no Disney pun in that post dear boy. Don't make me prorogue you.

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Re: Generic clubs in financial crisis Thread

by Uke » 25 Sep 2019 16:56

Old Man Andrews
Uke As long as they have a lad in every position they'll be OK

Theres no Disney pun in that post dear boy. Don't make me prorogue you.


8)

When did you get to be the one who picks apart people’s posts

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Re: Generic clubs in financial crisis Thread

by Hendo » 26 Sep 2019 15:20

Bury will not be re-admitted to the FL next season - https://www.bbc.co.uk/sport/football/49841324

One team will go down from League 2.

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