Thread: Greedy clubs
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Old 16-06-2013, 23:39   #3
Stuart
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Re: Greedy clubs

While I do actually agree with you, Arthur, the problem is (in the Premiere League at least) that the clubs spend so much on their players, and pay salaries that are so high, that most of the Premiere League is heavily in debt. £800 million in the case of Chelsea.

http://www.guardian.co.uk/news/datab...-accounts-debt

Apparently, the average premiere league spends 70% of it's annual turnover on salaries. It's scary to think that a multi million pound company can spend 70% of it's annual turnover on the salary of probably less than 20 people (players, subs, manager coach etc).

Personally I think something needs to be done partly because it's not fair on the fans and partly because if something should happen that caused Sky to reconsider it's position on Premiere League footy, then a lot of the clubs will find their debts unsustainable.

---------- Post added at 22:39 ---------- Previous post was at 22:36 ----------

Quote:
Originally Posted by Cobbydaler View Post
Personally, I feel the subject is worthy of a thread of it's own.
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