- Nov 18, 2007
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6 ever present clubs.....isn't it?
7. Us, Chelsea, Villa, Everton, United, Pool and Arsenal.
6 ever present clubs.....isn't it?
6 ever present clubs.....isn't it?
If it doesn't ruin them financially, going down could actually work out quite well for them with Lambert in charge long term.I think they should stick with Lambert as I just have a feeling it will click into place with them eventually.
He did inherit a bit of a mess but made some nice purchases in Vlaar.
If it doesn't ruin them financially, going down could actually work out quite well for them with Lambert in charge long term.
The revenue is in euros so it would be about £81M. As always Deloitte does not break it down outside the top 20. But my estimate would be (approx) broadcasting revenue £43M, Gate revenue £22M and commercial revenue £16M
If we were relegated our gate revenue and commercial revenue would also drop. I would guess that in the championship we would struggle to reach a total revenue of £35 million.
But there would of course be the parachute payment which is designed to help clubs bear the initial financial impact of relegation. That was £15M each last season for Blues West Ham and Blackpool.
Next season with a guaranteed £60M even the small Premier League clubs can expect a minimum revenue of £90M.
I am no accountant but to me if we go down we are screwed. Maybe I am wrong here as I dont understand it, but here is my simplistic reasoning.
Revenue 81m now , wages app. 60m now - we can handle that.
Go down
Lose 42m of TV money, so just this (and not taking our other losses like gate money / sponsopship etc) our revenue is 39m - wage bill 60m - 21 million in red.
This would mean one of two things
1. Administration
2. Randy covers the shortfall and coughs up the 21m to put us back into the black. however, this will lead to a transfer embargo so we cannot buy players, if we can't buy players, we will get worse and may suffer further relegation, we will lose more money and Randy has to put more in.
3. There will come a point where Randy will not bail us out. What then ?
Can people not see what going down will do to this club. Are you seriously that niaive, or just not bothered.
http://www.deloitte.com/assets/Dcom...s Group/uk-sbg-football-money-league-2013.pdfHaving looked into things I cant see us going into admin in short term as (above) Randy will just pump the money in to put us back into the black. Se he would probabl llook to sell.
However, from next year League rules state any club doing this will have the penalty of a transfer embargo - so we could not buy players, thus our chances of getting promoted is the same as Barnsley or Huddlesfield.
We will be totally and utterly finished as a club.
I just don't get how some people can't see this , it baffles and worries me.