Parma dissolved

[Lilbaz]

You cannot compare any team in England to teams outside of England going forward.

The chance of a non-relegation worthy team in the EPL going into administration in coming years is going to be minimal. The amount of television revenue that will start flowing to teams in the top 8 is going to be unprecedented. The bottom team in the Prem will likely earn 4 times what Parma earned last season in their Serie A deal (60-70 million pound difference), they'll likely earn nearly 4 times what Arsenal earned in television revenue in 2008, and probably 10 times what Leeds earned 15 years ago. That's why you see the likes of Everton, Hull, and West Ham spending 30 million pounds net, and that was on the basis of a television contract that had rights which aren't anywhere near as lucrative as what 2016 will bring. The speculating to accumulating aspect of the transfer market is going to explode in the coming years, which will lead to strong EPL squads across the board. Not spending anything by choice will probably lead to relegation for bottom of the table side (see Aston Villa).

You do realise that Aston Villa do not chose to not spend money,
http://www.birminghammail.co.uk/sport/football/football-news/aston-villa-post-518m-loss-6759930

Liverpool were taken over by the banks for debts of £200m. We were looking at borrowing in the region of £400m. This is why we have not spent money (net) on players. As it has gone on the new stadium and training ground.
The new tv deal is going to help massively. But what happens if the next one is not so good? If our wages increase by 30% over the next couple of years but BT decide not to bid and we are left with a lot less money we will be forced to sell. Without replacements this could be a massive shock to the team and could lead to us falling down the league. The future is not set in stone. A new stadium will help massively and make us less reliant on tv money but it has to be paid for. It is a risk, but less of one than buying £30m players that may not work out.

 

[TH1239]

You do realise that Aston Villa do not chose to not spend money,
http://www.birminghammail.co.uk/sport/football/football-news/aston-villa-post-518m-loss-6759930

Liverpool were taken over by the banks for debts of £200m. We were looking at borrowing in the region of £400m. This is why we have not spent money (net) on players. As it has gone on the new stadium and training ground.
The new tv deal is going to help massively. But what happens if the next one is not so good? If our wages increase by 30% over the next couple of years but BT decide not to bid and we are left with a lot less money we will be forced to sell. Without replacements this could be a massive shock to the team and could lead to us falling down the league. The future is not set in stone. A new stadium will help massively and make us less reliant on tv money but it has to be paid for. It is a risk, but less of one than buying £30m players that may not work out.

You think a television deal in 2020 is going to potentially payout less than what we earn now? Really? It's virtually impossible if you realistically look at the growth of the EPL in the last 15 years to expect things to crater like that. No one is saying we should just spend huge amounts of money on increasing our wage bill (in fact, keep it EXACTLY the same as now at around 95-100 million pounds), but why can't we engage in the same transfer spending as West Ham and Hull have this last summer? We have no problem wasting massive wages on countless players, including one in Adebayor who we could've saved 50K a week on if we loaned him to West Ham, so the whole scrounging everything we have for the stadium bit doesn't play as much with me when we do stupid financial things like not sell players for losses and eat millions in wages instead (Gomes, Bentley, soon to be Kaboul, Adebayor).

As far as falling down the league, the simple fact of the matter is that if every team below us spends commensurate with the new tv deal over the next five years and we perfectly balance our sales with our purchases, we will already be at risk of dropping to a mid-table side by the time the stadium is built. We will find it difficult to maintain our best players, and in a bad year with some injuries, we might even be in a distant relegation scrap like Everton find themselves. There's very little chance of retaining Pochettino if another club who can actually offer him a transfer budget comes in for him if we are so dedicated to balancing the books for the next half-decade. There has to be a balance. Levy needs to redirect a good chunk of that tv money back into the first team squad, and he needs to find commercial revenue sources to make up a larger portion of the stadium finances. I can't think of any professional sports team in the world that has built a debt free stadium with league television revenues, so it'd be a totally unprecedented move on our part if we did that.

 

[225]

Still going - but the chairman's been arrested...

http://www1.skysports.com/football/...-manenti-arrested-on-money-laundering-charges