Football Season 2019/2020 Football - Page 49

jfman · 01-04-2020, 19:19

Quote:

Originally Posted by adzii_nufc

Seems to me like talks with Sky and the PL aren't going the way the PL needed them to go. Talks of withholding TV money which is the core element of a clubs income.

Fundamentally the league aren't providing a product. As Mr K states Sky (and Virgin) subscribers are taking advantage and reducing their subscriptions accordingly.

The Premier League is a £150m a month product to Sky/BT - there's no reason why they should get squeezed in the middle between a public who doesn't want to pay and a league demanding payment.

adzii_nufc · 02-04-2020, 02:57

As expected, the media have already noted that both Newcastle and Spurs turn profit and have considerable cash balances. Enough to keep Newcastle afloat for up to 6 months even if Sky didn't pay out and further in Spurs case.

Naturally it's not that simple of course, with transfer windows to be factored in to keep the club competitive and the other added extras. This is still going to turn sour really fast.

Mr K · 02-04-2020, 08:24

Quote:

Originally Posted by adzii_nufc

As expected, the media have already noted that both Newcastle and Spurs turn profit and have considerable cash balances. Enough to keep Newcastle afloat for up to 6 months even if Sky didn't pay out and further in Spurs case.

Naturally it's not that simple of course, with transfer windows to be factored in to keep the club competitive and the other added extras. This is still going to turn sour really fast.

Get rid of the wage bill, and hire some local players? Might be the way forward, and then teams the the would actually represent their cities, and have genuine local identity rather than being vacuous merchandising operations. Oh and tell TV and their money to get stuffed. It's a radical idea and football would win

denphone · 02-04-2020, 08:27

Quote:

Originally Posted by Mr K

Get rid of the wage bill, and hire some local players? Might be the way forward, and then teams the the would actually represent their cities, and have genuine local identity rather than being vacuous merchandising operations. Oh and tell TV and their money to get stuffed. It's a radical idea and football would win

Its a excellent idea but that is why it has no chance of succeeding Mr K.

Mr K · 02-04-2020, 08:34

Quote:

Originally Posted by denphone

Its a excellent idea but that is why it has no chance of succeeding Mr K.

Well if if clubs are struggling now might be the time to reset the game/clock in this and other countries. Football at the top level has lost its identity, just a few that are making obscene amounts of money.

But you're right i'm probably being romantic/naive again, my worst fault

denphone · 02-04-2020, 10:31

Quote:

Originally Posted by Mr K

Well if if clubs are struggling now might be the time to reset the game/clock in this and other countries. Football at the top level has lost its identity, just a few that are making obscene amounts of money.

But you're right i'm probably being romantic/naive again, my worst fault

Nothing wrong with that Mr K.

Carth · 02-04-2020, 12:17

Lots of people have been growing impatient waiting for the Premiership 'bubble' to burst, but while there is still 'silly money' to be thrown at it from mega rich owners, companies, and countries it's not going to happen.

Clubs, players and their agents are taking advantage of the mega cash flow . . not helped by those in charge, who keep renaming competitions based on the highest bidder

denphone · 03-04-2020, 16:20

Quote:

Originally Posted by Mr K

Tbh a pay cut for players paid by the million won't hurt too much. Those at the bottom rung of professional football is a different matter. Barnet have already made loads of redundancies and look to be on brink.

It seems the Premier League clubs have finally taken on board the criticism of the last few days.

https://www.bbc.co.uk/sport/football/52148955

https://www.theguardian.com/football...s-fund-for-nhs

Julian · 04-04-2020, 23:40

Liverpool become the latest club to furlough non playing staff.......

LINK

**Paul** · 05-04-2020, 01:57

Quote:

Originally Posted by Julian

Liverpool become the latest club to furlough non playing staff.......

LINK

Well, thats a PR disaster for them (IMO).

I know a lot of people who thought it would have been unfair to abandon this season with them so far in front (and hence miss out on being champions), but now, they are going to think "serves them right if they miss out". There is absolutely no way they are in financial trouble, so just greedy.

denphone · 05-04-2020, 05:25

Quote:

Originally Posted by Paul

Well, thats a PR disaster for them (IMO).

I know a lot of people who thought it would have been unfair to abandon this season with them so far in front (and hence miss out on being champions), but now, they are going to think "serves them right if they miss out". There is absolutely no way they are in financial trouble, so just greedy.

Its a mighty PR disaster for them and the other clubs who have furloughed non playing staff as these clubs can afford to have them on full pay for as long as is needed..

adzii_nufc · 05-04-2020, 07:21

Some clubs do have considerable cash reserves. However, I pointed out and detailed how PL clubs could survive this fairly easily. That was with games going ahead behind closed doors though.

If we can disregard the stable clubs, Spurs, Newcastle, Liverpool (I think) and a few others. we reach standardised problems, too many to list but i'll give examples.

Problem A) Income - The main one, the top source of income in the PL is both prize money and TV money, accounting for up to 80% of some clubs. The league is now further away from finishing and on top of that, Sky nor BT can show games if they're not happening and they're undoubtedly holding onto the TV payments.

Problem B) Operating costs - Some clubs wage bill can be as high as 70% of their turnover. Doesn't take a financial expert to see how bad that can get really quickly.

Problem C) How clubs financially operate, a lot of clubs spend beyond their means and levy that against future money. Example: Newcastle spent rampantly under Freddie Shepherd, he borrowed money against future season ticket sales and anything else he could levy. PL clubs do this with TV money.

Problem D) Clubs that pay in instalments for transferred players. Teams with a negative or low cash balance will be unable to make their contracted payments to other clubs.

The list goes on and on and every issue links into each other. They all lead to increasing debts for a decent amount of clubs. Obviously the issue of teams with positive bank balances furloughing is one for the moral deciders.

Ultimately, the goal is the resume games behind closed doors at least. This gets the TV money flowing. I believe following that, the issues around the game in England can be solved fairly easily. Keep the 30% from PL clubs going and fund the Championship and below with it.

denphone · 05-04-2020, 07:30

l thought this explained things quite well as well adzii on whether the season should be declared null and void.

The arguments for it and the arguments against it.

https://www.irishexaminer.com/breaki...st-988720.html

adzii_nufc · 05-04-2020, 07:37

Once we get going again, we're going to reap the effects for a while yet. I agree with the suggestion being floated around in the media and that both sports and media experts hold which is the next TV deal being considerably lower in price.

This will deflate both wages of players/managers and transfer fees.

That's an actual bubble burst - If clubs fail to predict this themselves and fail to act accordingly to it. Clubs being stuck with players on huge wages and devaluation of their current lineups. The transfer market can balance out, it;s exclusive to the sport. Wages aren't though.

denphone · 06-04-2020, 18:50

Still very unhappy why they took the decision in the first place but Liverpool have reversed their furlough decision.

https://www.skysports.com/football/n...lough-decision