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UEFA could ban debt-ridden clubs
Uefa have said that clubs who are debt ridden maybe baned from European competitions. The likes of United, Chelsea, Arsenal, Liverpool, could be hit hard, but its not just them, Fulham are about £180 million in debt. Sunderland £35 million, Wigan £65 million, Rovers £20 million which is one of the lowest debts in the prem. the only clubs with little debt are the newly promoted clubs. Spurs have debts of around £17 million, but this is said to be because they continually sell their top players to balance the books. Personally I don't think it will happen, because without the top teams in Europe the competions would be meaning less and we've got to remembr that clubs in other countrys are just the same, Real Madrid being an example.
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seeings believing.:rolleyes:
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It wouldn't touch the top clubs. It'd only concern clubs with debt that continually needs addressing. The debt of Chelsea for example is managed and isn't a debt that puts the club in any state of instability.
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Just makes me glad that Eric makes sure the floodlights are switched off after the match, along with other cost-saving measures, as I would not want our future European campaigns to be jeopardized.
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:rofl38: pmsl just send all the other chairspeople to Eric's school of budgeting.........:mosher: |
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I'd love to see examples of any other business that runs on the debt that football is run on. Someday it's going to BANG
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Bates has found the right level for the club....good houskeeping? ;) |
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