Generic clubs in financial crisis Thread

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Old Man Andrews
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Re: Generic clubs in financial crisis Thread

by Old Man Andrews » 23 Sep 2020 09:52

Tony Le Mesmer
Old Man Andrews I am never normally in favour of large clubs helping out small clubs in financial difficulties but they simply have to if supporters aren't allowed back in to stadiums soon. The National League and the couple of leagues below will simply fold if they are not given financial support.


I think its Levels 3-6 that are most vulnerable (L1 down). Levels 7 and below are actually doing very well out of this with all the increased attendances. They also dont have contracted players in the most part.

Yep absolutely, it is going to be the National League and National League North and South. Can see a lot of clubs dying or dropping down to the base of the pyramid.

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Re: Generic clubs in financial crisis Thread

by Mr Angry » 13 Oct 2020 13:43

Some good news concerning Macclesfield...

A local businessman Robert Smethurst has acquired the assets of Macclesfield Town.

The Club will maintain the historic brand and logo under the new name of Macclesfield FC.

Danny Whitaker will become first team manager.

Apparently, Robbie Savage is on the board of the new phoenix club.

Good luck to them!

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

by From Despair To Where? » 14 Oct 2020 18:44

Savage is in what amounts to a DoF role.

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Re: Generic clubs in financial crisis Thread

by Sutekh » 02 Dec 2020 17:47

St Mirren being investigated for financial irregularities

https://www.bbc.co.uk/sport/football/55125448

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Re: Generic clubs in financial crisis Thread

by Sutekh » 05 Dec 2020 12:09



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exileinleeds
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Re: Generic clubs in financial crisis Thread

by exileinleeds » 17 Dec 2020 23:30

https://www.bbc.com/sport/football/55351588

Sheffield W don't pay their players in full for November....

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

by From Despair To Where? » 18 Dec 2020 19:10

Maybe they can buy the stadium back off Chansiri for a quid and then sell it back to him for 3 times its value again.

Or, considering he's on £50,000 a week, they could charge Jordan,Rhodes rent for his spot on the bench.

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Re: Generic clubs in financial crisis Thread

by Simmops » 18 Dec 2020 19:55

From Despair To Where? Maybe they can buy the stadium back off Chansiri for a quid and then sell it back to him for 3 times its value again.

Or, considering he's on £50,000 a week, they could charge Jordan,Rhodes rent for his spot on the bench.


Forgot he still played football.

He was good for 1 season years ago

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Re: Generic clubs in financial crisis Thread

by Franchise FC » 18 Dec 2020 20:39

From Despair To Where? Maybe they can buy the stadium back off Chansiri for a quid and then sell it back to him for 3 times its value again.

Or, considering he's on £50,000 a week, they could charge Jordan,Rhodes rent for his spot on the bench.

So sell it back for £3 - a profit of £2 :wink:


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Re: Generic clubs in financial crisis Thread

by WoodleyRoyal » 13 Jan 2021 20:07

Derby County's chief executive has told the first-team squad that the club is unable to currently afford to pay them their outstanding wages from December, but is working to address the problem.

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Re: Generic clubs in financial crisis Thread

by Franchise FC » 14 Jan 2021 13:24

WoodleyRoyal Derby County's chief executive has told the first-team squad that the club is unable to currently afford to pay them their outstanding wages from December, but is working to address the problem.

Is that despite selling their ground for an inflated price and ‘getting away with it’, allegedly

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Re: Generic clubs in financial crisis Thread

by Silver Fox » 15 Jan 2021 13:10

Is this a pre-emptive "we're shit so probably going down anyway, maybe we can swerve some debts by going into administration this season"?

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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 26 Jan 2021 22:14

Spanish newspapers full of stories of Barca being on the brink of something bad. €1.1B of debt :shock:



Also confirmed today that the players wages from December, that they had agreed to delay by a month, have not been paid this month as it should have been. The club say they are aiming to pay that in February now.


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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 02 Feb 2021 10:29


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Re: Generic clubs in financial crisis Thread

by Sanguine » 02 Feb 2021 12:52



Yeah, I'm slightly worried this morning if I'm a Burnley fan. Certainly relegation becomes totally unpalatable from a financial standpoint, doesn't it? On the basis of that article, can see them losing Turf Moor and becoming a Coventry City, unless they manage to maintain their lower mid-table home.

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Re: Generic clubs in financial crisis Thread

by Sutekh » 02 Feb 2021 14:06

Sanguine


Yeah, I'm slightly worried this morning if I'm a Burnley fan. Certainly relegation becomes totally unpalatable from a financial standpoint, doesn't it? On the basis of that article, can see them losing Turf Moor and becoming a Coventry City, unless they manage to maintain their lower mid-table home.


But at least Sean Dyche will still be manager.

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