Generic clubs in financial crisis Thread

[BRO_BOT]

Aston Villa also sell their women's team to themselves for around £55M to avoid breakibg PSR

How on earth does that valuation stack up? Utter bullshit.

I know, right?! Women's football is shite

[Winston Biscuit]

Sounds like Everton are in negotiations with Everton over selling their women's team too

[6ft Kerplunk]

Maybe they all have state of the art training grounds that cost over £40m cos otherwise I can't see how they get to the values they do.

[leon]

Maybe they all have state of the art training grounds that cost over £40m cos otherwise I can't see how they get to the values they do.

come on lads we all know how expensive women are - right?!!

[Sutekh]

The disgusting farce that is the Mancheater City 115, is now not likely to be revealed until October, six months after it was originally expected to report. SEVEN years or so this cr@p has been rumbling on and on and on and when finally d-day comes around we’ll get another 18 months added to it as the PL probably starts the appeal process.

Financial rules in football are a complete ******* joke.

[From Despair To Where?]

Sounds like Everton are in negotiations with Everton over selling their women's team too

At least Everton Women have a nice big stadium. That must be worth something.

Was talking to a Liverpool fan yesterday. He was laughing at the way that for the last 2 years, Everton fans have been saying "We'll be alright when we move to the new stadium" or "We'll be alright when we get new owners". Well they've got both and the same 11 shit players are still on the pitch.

He also reckons that if Couhig is anything like FSG, he will bring in a shit ton of outside revenue because everything nailed down with a club crest on it will be subject to a sponsorship deal from some mid sized American company wanting to break into European markets.

[From Despair To Where?]

Morecambe staring down the barrel. Not looking good. Academy closed today as they have no insurance and owner has been given a deadline of Monday to sell.

[LUX]

True. My brother is a STH there and has one for this season.

OTOH have I missed the Sheffield Wed thread? Their situation sounds similar to where we were.

[From Despair To Where?]

More players handing in their notice and the council not issuing a safety certificate for one of the stands. Got to say, the Sheffield Wednesday situation seems worse than ours.

[Snowflake Royal]

More players handing in their notice and the council not issuing a safety certificate for one of the stands. Got to say, the Sheffield Wednesday situation seems worse than ours.

Yep. Dai just couldn't give a shit. Chanserai is an actively vindictative piece of shit, who'll destroy the club to punish people criticising him rather than sell.

[From Despair To Where?]

Yeah, Dai was inept, Chansiri is spiteful.

[Sutekh]

Morecambe staring down the barrel. Not looking good. Academy closed today as they have no insurance and owner has been given a deadline of Monday to sell.

There must be something missing from this ridiculous saga, either that or the current owners are complete lunatics.

These recent cases have shown there needs to be a special dispensation with sporting “businesses” whereby idiot owners can be forced to sell when offers are on the table and third parties can force a club into administration when necessary.

[Stranded]

Morecambe staring down the barrel. Not looking good. Academy closed today as they have no insurance and owner has been given a deadline of Monday to sell.

There must be something missing from this ridiculous saga, either that or the current owners are complete lunatics.

These recent cases have shown there needs to be a special dispensation with sporting “businesses” whereby idiot owners can be forced to sell when offers are on the table and third parties can force a club into administration when necessary.

The Morecambe owner did pretty much the same thing at Worcester rugby but was unfortunately already in at Morecambe before doing it.

No idea why he does this - whether he feels the land has more value being used for something else but one hopes they get it sorted but sadly, unless the deal goes through quickly, you can see them having to restart at the bottom.

[Stranded]

More players handing in their notice and the council not issuing a safety certificate for one of the stands. Got to say, the Sheffield Wednesday situation seems worse than ours.

Yeah Weds are in dire straits and it will be a minor miracle if they stay up this season.

Does seem strange that in a time when players are handing in notices, Barry Bannan has signed a new contract - I can only assume that he has decided that as he wasn't getting paid anyway for pre-season, he just wants to play to help out - if so, fair play to the guy.

[Sutekh]

Morecambe staring down the barrel. Not looking good. Academy closed today as they have no insurance and owner has been given a deadline of Monday to sell.

There must be something missing from this ridiculous saga, either that or the current owners are complete lunatics.

These recent cases have shown there needs to be a special dispensation with sporting “businesses” whereby idiot owners can be forced to sell when offers are on the table and third parties can force a club into administration when necessary.

The Morecambe owner did pretty much the same thing at Worcester rugby but was unfortunately already in at Morecambe before doing it.

No idea why he does this - whether he feels the land has more value being used for something else but one hopes they get it sorted but sadly, unless the deal goes through quickly, you can see them having to restart at the bottom.

Think the ground is protected so he has no recourse down that route without a lot of legal expense. Also Tyson Fury owns the gym under one of the stands so if he does want to make a fight of things

[Dirk Gently]

Morecambe staring down the barrel. Not looking good. Academy closed today as they have no insurance and owner has been given a deadline of Monday to sell.

There must be something missing from this ridiculous saga, either that or the current owners are complete lunatics.

These recent cases have shown there needs to be a special dispensation with sporting “businesses” whereby idiot owners can be forced to sell when offers are on the table and third parties can force a club into administration when necessary.

Other countries have a "specificity of sport" rule which recognises that sports businesses have a different legal status to other types of business and so there's the ability to have different financial and ownership rules that would allow just that.

Here a sports business is just like a shop or a factory in legal terms.