Generic clubs in financial crisis Thread

[Snowflake Royal]

Free market and no real regulation and monitoring for you.

[Franchise FC]

This is just nuts. Liverpool have spent £328m on transfers in, in the last two years, and paid a total £70.6m agents fees in addition.

https://www.theguardian.com/football/20 ... fit-record

And apparently Man City are buying the title

[AthleticoSpizz]

Has it ever been any different in the Premiership?

(maybe with the exception of Leicester)

[The Enfield Royal71]

Has it ever been any different in the Premiership?

(maybe with the exception of Leicester)

Blackburn?

I suppose since Chelsea nobody has brought the title.... only won by being the superior team.

[AthleticoSpizz]

Blackburn were well funded back then...Shearer etc... but not anymore

Maybe that’s why they are where they are now

[The Enfield Royal71]

Is that well funded for that time though? I am not old enough to remember it vividly. Were they like the man city of 1996?

If they were, would they have sold shearer?

[AthleticoSpizz]

Very much so.

Shaerer ( sic’) was their cash cow

[From Despair To Where?]

Shearer was a record transfer fee in 1992 at £3.4m but between 1992 and 1995 they also bought

Stuart Ripley £1.3m
Jeff Kenna £1.4m
Kevin Gallagher £1.5m
Tim Flowers £2.4m
Paul Warhurst £2.7m
David Batty £2.75m
Chris Sutton £5m (British Transfer Record)

And they also bought Mike Newell for £1.1m before they got promoted.

Without Walker's money they may still have got promoted but they would have got nowhere near the title.

They sold Shearer because Newcastle were offered £15m which was double the record fee paid by an English club.

[Snowflake Royal]

And I expect they knew Shearer was keen to go home too.

[Sanguine]

This is just nuts. Liverpool have spent £328m on transfers in, in the last two years, and paid a total £70.6m agents fees in addition.

https://www.theguardian.com/football/20 ... fit-record

And apparently Man City are buying the title

Well you seem sensible enough most of the time, so you'll know that Liverpool have sold Suarez, Coutinho and Sterling in the last few years for about 6 quadrillion dollars, and that agents fees have nothing to do with net transfer spend. But, carry on.

[Franchise FC]

This is just nuts. Liverpool have spent £328m on transfers in, in the last two years, and paid a total £70.6m agents fees in addition.

https://www.theguardian.com/football/20 ... fit-record

And apparently Man City are buying the title

Well you seem sensible enough most of the time, so you'll know that Liverpool have sold Suarez, Coutinho and Sterling in the last few years for about 6 quadrillion dollars, and that agents fees have nothing to do with net transfer spend. But, carry on.

Seriously ? Agents fees have nothing to do with net transfer spend ?
So if a club spend £1 on transfers but £1bn on agents fees, then net spend is £1 ?

That simply can't be right, can it ?

Oh, and thanks for the permission

[Sanguine]

And apparently Man City are buying the title

Well you seem sensible enough most of the time, so you'll know that Liverpool have sold Suarez, Coutinho and Sterling in the last few years for about 6 quadrillion dollars, and that agents fees have nothing to do with net transfer spend. But, carry on.

Seriously ? Agents fees have nothing to do with net transfer spend ?
So if a club spend £1 on transfers but £1bn on agents fees, then net spend is £1 ?

That simply can't be right, can it ?

Oh, and thanks for the permission

You've referenced Liverpool's agents fees in relation to the suggestion that Liverpool are also 'buying the title'. Agents fees are predominantly (although not exclusively) paid on transfers in, so Liverpool's spending on the likes of Van Dijk etc has contributed to that startling figure of over £70m.

However any charge of 'buying the title' is surely separate and has to consider net spend, and the sale of the players I mentioned that part-financed their player purchases.

Was my point.

Or to put it another simpler way, if Liverpool had sold players for a total of £5bn, their agents fees would be roughly the same.

[Hoop Blah]

Or to put it another simpler way, if Liverpool had sold players for a total of £5bn, their agents fees would be roughly the same.

I disagree on that. Agents are often paid to help the offloading of players.

Net transfer spend is an odd one though. For a start, how long do you go back to count transfers, in or out.

[Sanguine]

Or to put it another simpler way, if Liverpool had sold players for a total of £5bn, their agents fees would be roughly the same.

I disagree on that. Agents are often paid to help the offloading of players.

Net transfer spend is an odd one though. For a start, how long do you go back to count transfers, in or out.

I think my comment is getting warped a little.
First, I've acknowledged that there is agent spend involved in outgoing transfers, but I think equally we can all accept that the majority of spend for clubs in that respect will reflect incoming players.

For a start, how long do you go back to count transfers, in or out.

Second, to answer this, of course you're right, and indeed the way football transfers hits a club's P&L looks nothing like the fees we see in the press (broadly, amortised over a player's contract, etc), but equally broadly speaking, it's reasonable when people raise Liverpool's 'spending' in the last couple of years to highlight that they sold Suarez, Sterling and Coutinho for c. £250m.

[Sutekh]

I note that there is a meeting at the City Ground today of all Championship clubs where there is likely to be an agreement by the majority to insist the FL scrutinise the financial affairs of Sheffield Wednesday, Derby County and Aston Villa.

Wonder if the FL will do so and wonder if they will find anything untoward....

[AthleticoSpizz]

Bolton v Brentford game postponed tomorrow due to Bolton players refusing to play.

Of course, there are reasons for it.

Brentford fans who have made their ‘arrangements and paid their way’ will be f11cked-over

Bolton should be expunged from the FL set-up forthwith.

No sympathy, no half measures

[No Hoops]

What happens if Bolton v Brentford and next weeks game don't get played, are all the other results nullified?

If so, are we still safe???

[From Despair To Where?]

I think we're too far into the season to expunge results, so better to award 3-0 walkovers in the final 2 games especially as neither has a bearing on promotion or relegation.

Failure to fulfill fixtures should normally lead to expulsion from the league but, as this is a player strike that is causing this and the club has not yet gone into liquidation and a takeover is in progress, I suspect the EFL would allow the new owner to take over in League 1 with maybe a points deduction.

If Bolton were expelled, the most reasonable solution would be 2 down, 3 up in the Championship, 3 down 4 up in League 1 and 1 down 2 up in League 2.

IMO, Bolton are serial offenders and should be kicked out.

[Mid Sussex Royal]

I think we're too far into the season to expunge results, so better to award 3-0 walkovers in the final 2 games especially as neither has a bearing on promotion or relegation.

Failure to fulfill fixtures should normally lead to expulsion from the league but, as this is a player strike that is causing this and the club has not yet gone into liquidation and a takeover is in progress, I suspect the EFL would allow the new owner to take over in League 1 with maybe a points deduction.

If Bolton were expelled, the most reasonable solution would be 2 down, 3 up in the Championship, 3 down 4 up in League 1 and 1 down 2 up in League 2.

IMO, Bolton are serial offenders and should be kicked out.

Agree - its time the EFL got tough with Bolton....signing players without the ability to pay them (PFA have loaned monies to pay wages this season too) is cheating the other 23 sides in the league; as a minimum they should have a 12 month transfer embargo.

[East Grinstead Royal]

Professional football clubs exist for one reason - to play football in front of the public. If a club is unable to play its players, it ceases to be able to fulfil that function and should be closed down. No doubt a Phoenix club would be created and reach the EFL within a decade, but a club that employs professionals that it can't pay is not competing on a level playing field. IIRC, Bolton were reported to have debts of around £80m when they were last relegated from the PL. Whatever they owe now, it's difficult to see if being paid off any time soon. Time to put the club out of its misery... except... remember Portsmouth, when the people who suffered most were the local businesses who got bugger all?