Re: Chester City FC wound up
I wrote a paper on this topic a while back so ill give my 2 pence worth.
As we all know Sky TV has pumped literally billions into our game in the last 18 years since the inception of the premier league in 1992/93. Yes it has been a revolution and we have seen some fantastic football on these shores.
Unfortunately as a result of this just to be a member of the premier league and even finish bottom nets you around £35- £40 million in prize money and TV rights alone.
With the rewards for Champions League qualification being even greater its easy to see why so many teams are putting literally ALL their eggs in 1 basket in an attempt to win things.
You only have to look at Leeds United to see how quickly things can go wrong. 2001 Semi Final of the European Cup and now look at them. The main reason being Mr Risdale spending money they didnt have in an attempt to achieve champions league qualification the following season. When it didnt happen it was always going to end in tears.
I say its partly the FA's fault for a number of reasons............
1. Its a fact that a number of teams throughout the leagues (not just premiership) are taking HUGE financial risks in an attempt to get promoted or win a competition i.e Pompey being this seasons classic example. They money they are spending is obviously not sustainable and will eventually lead to a meltdown within the club. We have seen it on a number of occasions over the last few years.
2. This is not only happening in the premier league but also right down to the Conference North would you believe. With aparently Fleetwood Town's wagebill on a Level with League 2, if rumours are to be believed.
3. How these so called "Owners" can be given permission to take over and run football clubs is beyond me. I cant think of any other business in the world which will appoint a new owner without concrete proof they have the funding/ capital to begin with.
In relation to League 2 just look at Notts County. Yes they have some great players, but honestly can you see ANY team in our league paying players 16, 12, 10 grand a week?!?!?!?!
They went for broke with a plan for the premiership, when this so-called Munto finance took control, but they had no money whatsoever!!!
In my opinion the FA should look at its ownership rules, yes they have this... "Fit and proper" owners test, but it obviously is not working.
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