Hampshirefox
Roofer
Board member, Linda Bammann, shares her best advice for staying resilient in challenging times: “Stay true to your values.”
Spurs would be insolvent in any other business.If the BCC are so much in need of the Super League cash, then perhaps a points deduction is the fairest solution. They've clearly failed to keep within FFP guidelines.
Barcelona £1.4bn debt
Man Utd £474m debt
Spurs £1.17bn debt
Chelsea £1.3bn debt
Real Madrid £1.173bn debt
Juventus £330m debt
Inter £630m debt
Arsenal £200m debt
Liverpool £350m debt
Man City £173m in debt
These are just guesswork figures from quick searches.
This is the real story behind the Super League. It is a debt cancellation plan for the so-called big clubs; which have been mismanaged beyond belief. For ordinary clubs, this means points deductions, relegation and shame. For the BCC, they just plan a new league and try to shaft everyone else.
Never to be forgotten. Never to be forgiven.
Ed Woodward too.Glazer used to work for them...
The last big international conflict the House of Morgan financed was World War One.
American professional team sport is operatred as a closed shop but the NFL, NBA, NHL, MLB & MLS all have player draft systems which, in theory, allow for teams to go through a cycle of success. It works for the States sports, slightly alien to us here in Europe.I once had a conversation with a very knowledgeable (American) sports fan from Boston - big Red Sox fan. He asked me what ‘soccer’ team I supported. It was in the January of 15/16 season and Leicester mania was just starting to take of worldwide. He had heard of Leicester, but didn’t get the significance of what we were achieving cus he just assumed the Prem was franchise based just like all big Yank sport. When I explained about about the pyramid, and how it was possible (but not probable) for a ‘village’ team to progress up the pyramid and end up playing ‘the big six’ it sort of blew his mind. He really couldn’t get the concept of meritocracy in big professional sport (strange because in the States they claim anyone can succeed).
....and ditto for me and the Redsk......I mean, the Washington Team....Could anyone therefore reliably inform me of when the next cycle of success will happen for the Raiders?
Not a sniff since Culture Club ruled the charts
Not as much as Spurs will without the ESL.just a thought, but leicester have loans through mcquarrie bank, which is secured against future tv payments.
if future tv money is (significantly) lower than expected - due to the BCCs clearing off and sky then having recourse - we may find ourselves in some trouble repaying mcquarrie.
I believe it's short-term borrowing, against revenue due from an already-contracted TV deal. I can see no way in hell that the BCCs will be leaving the PL in the next 24 months.just a thought, but leicester have loans through mcquarrie bank, which is secured against future tv payments.
if future tv money is (significantly) lower than expected - due to the BCCs clearing off and sky then having recourse - we may find ourselves in some trouble repaying mcquarrie.
How much are these loans against a stadium or training ground? These are allowed in FFP and will always be financed somehow.If the BCC are so much in need of the Super League cash, then perhaps a points deduction is the fairest solution. They've clearly failed to keep within FFP guidelines.
Barcelona £1.4bn debt
Man Utd £474m debt
Spurs £1.17bn debt
Chelsea £1.3bn debt
Real Madrid £1.173bn debt
Juventus £330m debt
Inter £630m debt
Arsenal £200m debt
Liverpool £350m debt
Man City £173m in debt
These are just guesswork figures from quick searches.
This is the real story behind the Super League. It is a debt cancellation plan for the so-called big clubs; which have been mismanaged beyond belief. For ordinary clubs, this means points deductions, relegation and shame. For the BCC, they just plan a new league and try to shaft everyone else.
Never to be forgotten. Never to be forgiven.
I hear the Marie Rose sauce on their Executive prawn sandwiches is really buttered on. Napkins as well.I guess luxury yachts harbouring in Monte Carlo don't pay for themselves Dags