Generic clubs in financial crisis Thread

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AthleticoSpizz
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Re: Generic clubs in financial crisis Thread

by AthleticoSpizz » 02 Aug 2019 23:00

The FL have already called off Burys’ second league game (v Accy)

Is this what football has become?

Thanx $ky, the FA, EFL nd your £s

Mismanagement of a good idea?

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Re: Generic clubs in financial crisis Thread

by Wallsy » 03 Aug 2019 12:51

AthleticoSpizz The FL have already called off Burys’ second league game (v Accy)

Is this what football has become?

Thanx $ky, the FA, EFL nd your £s

Mismanagement of a good idea?


Will these games be played at a later date or are the points being awarded to the opposition? I really do feel for Bury. Great season last season only to have all that optimism destroyed by their ownership and financial issues.

Bolton’s game at Wycombe goes ahead today. 1800 Bolton fans travelling down to watch around 5 pro’s and the rest kids turn out for their first team.

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Re: Generic clubs in financial crisis Thread

by Franchise FC » 05 Aug 2019 10:45

AthleticoSpizz The FL have already called off Burys’ second league game (v Accy)

Is this what football has become?

Thanx $ky, the FA, EFL nd your £s

Mismanagement of a good idea?


If someone wants to pay exorbitant amounts to me for my services and I then use the funds to overpay for anything I want or gamble it away, is that the fault of the source of my funds or is it my own fault for mismanaging ?

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Re: Generic clubs in financial crisis Thread

by Stranded » 05 Aug 2019 13:47

AthleticoSpizz The FL have already called off Burys’ second league game (v Accy)

Is this what football has become?

Thanx $ky, the FA, EFL nd your £s

Mismanagement of a good idea?


I'm not sure you can blame many of those for Bury's plight - this mainly falls down to a guy deciding to takeover the club and buying it for a quid without going through the usual EFL processes. As it turned out he simply doesn't have the funds to ensure Bury can be run in what is a very competitive part of the country. The EFL have tried to help Bury throughout this, when they could have simply kicked the club out once it was clear the owner had circumvented their rules.

That is not to say that those you list are blameless for the plight of some clubs as it is the lure of the swathes of cash at the top of the game which see owners put the future of clubs in danger.

Bury will sadly probably go to the wall but they won't be the first and not the last to do so.

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Re: Generic clubs in financial crisis Thread

by AthleticoSpizz » 05 Aug 2019 13:53

Indeed, it was generalisation of the current plights (and plights to come) of some clubs.

It would be too easy to suggest that none of this stuff used happen before the days of Sky et-all....but then the irony of this Bury situation would be lost on me....bearing in mind its Accrington they were supposedly playing :|


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Re: Generic clubs in financial crisis Thread

by The Enfield Royal71 » 05 Aug 2019 14:30

Surely they did due diligence on the guy who brought them ?

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Re: Generic clubs in financial crisis Thread

by Franchise FC » 05 Aug 2019 15:50

The Enfield Royal71 Surely they did due diligence on the guy who brought them ?


That's a good one, though.

In almost every other walk of life, due diligence is performed on the company being bought. The vendor will want to see proof of funds, but if the price is £1 then I can't see that being a difficult hurdle to clear. :wink:

The fact that there is a 'right and proper' test for football club owners is a bit like the fact that opening a bank account for a normal, law abiding citizen is seriously difficult. The criminals, however, will have all their (fake) documents aligned to make the process as smooth as possible.

I certainly don't have the answer - not sure there is a 'one size fits all' answer anyway.

Ultimately, maybe not in Bury's case, the problem is not trying to buy success, it's the failure once a club has tried. Reality bites.

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Re: Generic clubs in financial crisis Thread

by Mid Sussex Royal » 07 Aug 2019 18:52

Bolton tickets for Sat home game taken off sale....obv no safety certificate.

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Re: Generic clubs in financial crisis Thread

by Sutekh » 13 Aug 2019 22:14

Bury v Gillingham now suspended. How much longer will the FL give this sorry mess?


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Re: Generic clubs in financial crisis Thread

by The Enfield Royal71 » 13 Aug 2019 22:43

Sutekh Bury v Gillingham now suspended. How much longer will the FL give this sorry mess?


Apparent they got 2 weeks and that's it.

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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 15 Aug 2019 16:06

Bury have their 5th consecutive game of the season postponed

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Re: Generic clubs in financial crisis Thread

by StellaPlease » 15 Aug 2019 16:10

Winston Biscuit Bury have their 5th consecutive game of the season postponed


Can't see them surviving now. Their backlog will be too much to consider soon.

Shows what can happen with a shit owner.

Sad for the fans.

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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 15 Aug 2019 16:14

how would their expulsion effect relegation? Do they finish bottom and are one of 2 teams to 'go down' as usual? are they booted out and they run a 23 team league for a season with 2 still going down then 3 coming up?


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Hendo
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Re: Generic clubs in financial crisis Thread

by Hendo » 15 Aug 2019 16:16

Winston Biscuit how would their expulsion effect relegation? Do they finish bottom and are one of 2 teams to go down as usual? are they booted out and they run a 23 team league for a season with 2 still going down then 3 coming up?


I guess it would be the former? Not too sure though.

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Re: Generic clubs in financial crisis Thread

by Sanguine » 15 Aug 2019 16:33

Winston Biscuit how would their expulsion effect relegation? Do they finish bottom and are one of 2 teams to 'go down' as usual? are they booted out and they run a 23 team league for a season with 2 still going down then 3 coming up?


The former - you'd just have one team relegated this season rather than two.

As an aside and not 'financial crisis', Man City's paltry £315k fine for tapping up academy players is laughable.

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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 15 Aug 2019 16:39

admittedly, I was mixing up my League1's with my League 2's!

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Re: Generic clubs in financial crisis Thread

by Sanguine » 15 Aug 2019 16:41

Winston Biscuit admittedly, I was mixing up my League1's with my League 2's!

Lolz, so was I.

Thankfully though you and I are normal people, and not unpleasant like SP.

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Re: Generic clubs in financial crisis Thread

by Hendo » 15 Aug 2019 16:42

Sanguine
Winston Biscuit admittedly, I was mixing up my League1's with my League 2's!

Lolz, so was I.

Thankfully though you and I are normal people, and not unpleasant like SP.


I did think they were L1 as I remember seeing 2 teams on -points, but just went with WB post :lol:

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Winston Biscuit
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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 15 Aug 2019 16:42

#hobnobnormalpeopleclub

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Winston Biscuit
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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 15 Aug 2019 16:43

Hendo
Sanguine
Winston Biscuit admittedly, I was mixing up my League1's with my League 2's!

Lolz, so was I.

Thankfully though you and I are normal people, and not unpleasant like SP.


I did think they were L1 as I remember seeing 2 teams on -points, but just went with WB post :lol:


strong lesson for you there, never listen to the internet's Winston Biscuit

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