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-   -   UEFA could ban debt-ridden clubs (https://www.accringtonweb.com/forum/f87/uefa-could-ban-debt-ridden-clubs-43151.html)

jaysay 09-10-2008 10:03

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.

cashman 09-10-2008 10:28

Re: UEFA could ban debt-ridden clubs
 
seeings believing.:rolleyes:

shakermaker 09-10-2008 10:52

Re: UEFA could ban debt-ridden clubs
 
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.

jaysay 09-10-2008 11:12

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by shakermaker (Post 639616)
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.

Thats all well and good shaker but what happens when the russian decides h wants another toy train set to play with, £750 million debt comes a real problem, where as the Rovers with a £20 million debt is well managed. The report singled out the four top clubs in England who between them they have debts of over £2 billion. Its costing the likes of United over £40 million a year just to service the debt

Wynonie Harris 09-10-2008 11:40

Re: UEFA could ban debt-ridden clubs
 
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.

Stanleymad 09-10-2008 12:28

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by Wynonie Harris (Post 639630)
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.


:rofl38: pmsl just send all the other chairspeople to Eric's school of budgeting.........:mosher:

lancsdave 09-10-2008 12:36

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by Stanleymad (Post 639643)
:rofl38: pmsl just send all the other chairspeople to Eric's school of budgeting.........:mosher:

At least football would still be a working class game if they did :)

Stanleymad 09-10-2008 12:38

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by lancsdave (Post 639644)
At least football would still be a working class game if they did :)

:rofl38: too true on all counts swear all ya like LOL!!:dancedog:

shakermaker 09-10-2008 14:00

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by jaysay (Post 639619)
Thats all well and good shaker but what happens when the russian decides h wants another toy train set to play with, £750 million debt comes a real problem, where as the Rovers with a £20 million debt is well managed. The report singled out the four top clubs in England who between them they have debts of over £2 billion. Its costing the likes of United over £40 million a year just to service the debt

Chelsea's financial future will not depend on the whim of Mr Abramovic, they're a little more savvy with their pennies than that down in Thatlondon. Besides the top four can make their own income from their global reputation, they have no worries. It's the fringe teams that are just there to make up the numbers that will feel the punch.

shakermaker 09-10-2008 14:00

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by Stanleymad (Post 639643)
:rofl38: pmsl just send all the other chairspeople to Eric's school of budgeting.........:mosher:

Eric for head of FA!

cashman 09-10-2008 14:14

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by shakermaker (Post 639651)
Chelsea's financial future will not depend on the whim of Mr Abramovic, they're a little more savvy with their pennies than that down in Thatlondon. Besides the top four can make their own income from their global reputation, they have no worries.

i wouldn't be too sure of that shaker, Man U. possibly who knows, the rest aint a global commodity like them.:)

shakermaker 09-10-2008 15:15

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by cashman (Post 639655)
i wouldn't be too sure of that shaker, Man U. possibly who knows, the rest aint a global commodity like them.:)

By no means are Chelsea & Liverpool as big as United globally but Chelsea are very quickly catching up. They're massive in the Far East & the States.

lancsdave 09-10-2008 19:40

Re: UEFA could ban debt-ridden clubs
 
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

cashman 09-10-2008 19:59

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by shakermaker (Post 639660)
By no means are Chelsea & Liverpool as big as United globally but Chelsea are very quickly catching up. They're massive in the Far East & the States.

Leeds were pretty big not too long ago.:)

Royboy39 09-10-2008 20:45

Re: UEFA could ban debt-ridden clubs
 
Quote:

Originally Posted by cashman (Post 639724)
Leeds were pretty big not too long ago.:)

The Book Cook was good and I think the rest was by design?
Bates has found the right level for the club....good houskeeping? ;)


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