McFlash
In the corner, eating crayons.
- Oct 19, 2005
- 12,918
- 46,197
Are they actually well run financially though?
I'm not so sure anymore.
Financial Fair Play (general thread)
- Thread starter GMI
- Start date
I'm not so sure anymore.
Spriggan
7 inches from the midday sun!
- Jun 15, 2012
- 941
- 1,896
On the surface they appear to be, but I haven't looked at their financials, I don't need to sleep right now
McFlash
In the corner, eating crayons.
- Oct 19, 2005
- 12,918
- 46,197
Yeah, I've always thought of them as a well run club but it seems as though they've heavily relied on money being pumped in by their owner and they don't make a lot from their tiny stadium.On the surface they appear to be, but I haven't looked at their financials, I don't need to sleep right now
I'm not sure theirs is a sustainable model.
Like you though, I'm not interested enough to actually look at financial stuff.
Spriggan
7 inches from the midday sun!
- Jun 15, 2012
- 941
- 1,896
They made a 122.8 million pound profit for the '22 - '23 season, which isn't too shabby considering, as you say, that they have a small stadium which limits match-day income. I guess that as long as the debt is serviced, and they stay on the right side of PSR and FFP, then they aren't doing too bad in the scheme of things.
Eventually they will turn up too many duds and that will be their undoing.
McFlash
In the corner, eating crayons.
- Oct 19, 2005
- 12,918
- 46,197
That profit is probably thanks to Chelsea.
You're right about servicing the debt but what was that debt for, I wonder?
I mean, we have a big debt but it was for our stadium which is paying off tenfold but if theirs was for player purchases, it carries quite a risk.
mmidgers
Well-Known Member
- Jul 21, 2009
- 1,733
- 3,401
SirHarryHotspur
Well-Known Member
- Aug 9, 2017
- 5,173
- 7,721
In the latest accounts Spurs total wage bill was up to £251.1 million from £209.1 million (2022) but so was revenue so the wage ratio around 46%, how long can other clubs keep up the high ratios , they have to increase income from somewhere or have generous owners like Brighton.
The chart by Swiss Ramble above doesn't always give a true picture, fans will say Levy is tight as we are at the bottom of the list in wage ratios. Just above use are Arsenal, similar sized football club whose total wage bill in last accounts was £225.4 billion , compared to Spurs in the accounts just released at £251.1 billion.
The chart by Swiss Ramble above doesn't always give a true picture, fans will say Levy is tight as we are at the bottom of the list in wage ratios. Just above use are Arsenal, similar sized football club whose total wage bill in last accounts was £225.4 billion , compared to Spurs in the accounts just released at £251.1 billion.
Last edited:
Albertbarich
Well-Known Member
- Jul 4, 2020
- 5,210
- 19,762
I understand football is so Tribal so it's hard but when you see the state of these clubs finances it blows my mind that every single fan isn't begging for a regulator and wholesale change.
It's a race to the bottom isn't it. You have the state run clubs, the rich clubs pricing out normal fans and the rest who in their desperation to keep up are running totally unsustainable businesses.
This bubble will burst one day,nothing stays the same and when it does right now I can see many clubs dying and others having no fans left in the building thanks to sheer greed.
It's a race to the bottom isn't it. You have the state run clubs, the rich clubs pricing out normal fans and the rest who in their desperation to keep up are running totally unsustainable businesses.
This bubble will burst one day,nothing stays the same and when it does right now I can see many clubs dying and others having no fans left in the building thanks to sheer greed.
Last edited:
Trix
Well-Known Member
- Jul 29, 2004
- 19,540
- 330,699
The problem is a lot of fans believe it's holding them back because they have mega wealthy owners and that they'd certainly spend more of their own money if they could pushing them up the table. The problem with this is that all it would do is inflate the market even higher and those above them would spend more too. They'd be no better off than they are now. Newcastle excepted.
arnoldlayne
Well-Known Member
- Aug 20, 2007
- 1,109
- 1,174
arnoldlayne
Well-Known Member
- Aug 20, 2007
- 1,109
- 1,174
Sorry about this as source is the daily mail
www.dailymail.co.uk
EXCLUSIVE: Premier League eyeing ABOLISHING points deductions
EXCLUSIVE BY MIKE KEEGAN: Premier League clubs are considering abolishing points deductions and introducing a 'luxury tax', Mail Sport can reveal.
thebenjamin
Well-Known Member
- Jul 1, 2008
- 12,273
- 38,982
FFS. That would be the end entirely, meaning you can only win if you cheat and you can only cheat if you have infinite money.
E17yid
Well-Known Member
- Jan 21, 2013
- 17,107
- 30,914
Fulham are off the charts. Hats off to em.
Trix
Well-Known Member
- Jul 29, 2004
- 19,540
- 330,699
Sorry about this as source is the daily mail
EXCLUSIVE: Premier League eyeing ABOLISHING points deductions
EXCLUSIVE BY MIKE KEEGAN: Premier League clubs are considering abolishing points deductions and introducing a 'luxury tax', Mail Sport can reveal.
Load of cobblers. This only suits a small handful of teams, and any team with European aspirations will have to fall into line with Uefa's rules anyway.
Nick-TopSpursMan
Well-Known Member
- Aug 4, 2005
- 4,145
- 19,914
Exactly. Whatever rules the PL put in place, they are going to have to align with the new UEFA rules.
I think the PL will just end up mirroring the UEFA rule, it makes the most sense.
Westmorlandspur
Well-Known Member
- Feb 1, 2013
- 2,870
- 4,737
Swiss Ramble says 62%
Similar threads
