EPL (in financial shit)

jinxy67

jinxy67

Well-known member
Took this comment from a new hun forum


If this situation lasts into the time period where next season would be due to start and some EPL clubs suffered, that would be the eye opener for everybody.

How many people, UK wide, will cancel all their sports packages?

If they can do that, how will Sky and BT be able to finance their purchases of packages that no longer exist. They would never be held legally accountable to pay for a product they've never been able to broadcast.

That leaves EPL clubs, at the bottom end, and potentially those with parachute payment agreements, in a position where their finances cannot get them through this situation.

That leaves many doors open for full restructuring of football leagues and other competitions.

Does anyone think this scenario could pan out????
 
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It's a distinct possibility that this could really shake up football in England. Without the massive amount of money they get from SKY it could mean small and not so small clubs go to the wall.

Everything is dependent on the decisions that are taken by the authorities regarding Covid-19 and everyone is just hanging fire at the moment but some clubs should be afraid, very afraid.
 
These are not normal times and you have to consider what will happen if there is no football for the next 6 months. Footballers will be made redundant and clubs which are trading companies will become bankrupt. That is inevitable. Why should a company that is unable to trade for half a year still pay tens of thousands a week to staff who can contribute nothing. Clubs will ask their players to take unpaid breaks. You ain't seen nothing yet. Some of the biggest names in football will not be here come October.
 
Fisiani said:
These are not normal times and you have to consider what will happen if there is no football for the next 6 months. Footballers will be made redundant and clubs which are trading companies will become bankrupt. That is inevitable. Why should a company that is unable to trade for half a year still pay tens of thousands a week to staff who can contribute nothing. Clubs will ask their players to take unpaid breaks. You ain't seen nothing yet. Some of the biggest names in football will not be here come October.
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This is far bigger than fitba the quicker people realise this the better!
 
Fisiani said:
These are not normal times and you have to consider what will happen if there is no football for the next 6 months. Footballers will be made redundant and clubs which are trading companies will become bankrupt. That is inevitable. Why should a company that is unable to trade for half a year still pay tens of thousands a week to staff who can contribute nothing. Clubs will ask their players to take unpaid breaks. You ain't seen nothing yet. Some of the biggest names in football will not be here come October.
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Folks with underlying health conditions and those who are over 70 years of age are being 'asked' to self isolate for 4 months, the Guardian reports a 'leaked' government report says it could be a year before this peaks!, financial markets crashing, Trump sounds ill,football's fecked, think we need a right good war!
 
michael duffy said:
Folks with underlying health conditions and those who are over 70 years of age are being 'asked' to self isolate for 4 months, the Guardian reports a 'leaked' government report says it could be a year before this peaks!, financial markets crashing, Trump sounds ill,football's fecked, think we need a right good war!
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Sorry mate standard government pish! For anything. Young 20 kop it survive what's the aftermath on your body? Nobody knows, because there's no president for this.
 
michael duffy said:
Folks with underlying health conditions and those who are over 70 years of age are being 'asked' to self isolate for 4 months, the Guardian reports a 'leaked' government report says it could be a year before this peaks!, financial markets crashing, Trump sounds ill,football's fecked, think we need a right good war!
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FFS, MD next war will be done in 60min, ffs takes about 20min for viagra tae work.
 
michael duffy said:
Folks with underlying health conditions and those who are over 70 years of age are being 'asked' to self isolate for 4 months, the Guardian reports a 'leaked' government report says it could be a year before this peaks!, financial markets crashing, Trump sounds ill,football's fecked, think we need a right good war!
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I think this virus is part of a new war. :cry:
 
Just watched ‘Smithsonian’ channel, on the ‘Spanish Flu’,bloody hell ,this current is an almost repeat of then ,The flu started in Kansas,and spread from there, it is very complex to put down here everything said ,if you google it ,then the exact details can be revealed ,an army cook was the first to show symptoms,and because of what he was doing ,it spread like wildfire, the Spanish connection was because they were the first to publish it ,?,basically it started when the USA,entered the first war in 1917, everything they are saying now was said back then !!!!!!!eye opening ,hh
 
things will be clearer after the meeting today football wise. The virus isn’t going away any time soon, but it’s about controlling the rate of transfer and the impact it has on the health service. Next season might have a delay in starting, but I think they’ll be the only impact. The virus will still be about, but no worse than the dangers of the normal flu (IMO). People are dying because so many so quickly are getting it, and folk that are vulnerable have no route to treatment because someone is already in that hospital bed.

OK so turns out uefa are still working on it 😂
 
Back to the original thread - the EPL is NOT in financial shit. The season is is practically over and remember they sign 5 yr deals with tv companies so they have such excessive amount money coming in that they will be able to paddle through from 1 bad season..
 
The problem will come not with sick or possibly infected having to self isolate. That's just the tip of the iceberg. The problem comes when the well decide to make their home their castle and choose to avoid going outside at all. Businesses that rely on the public showing up will have problems. That's much of the economy. Healthy families will try to stay healthy by not being in contact with anyone. We expect the peak of infection to hit NZ in August. So far we have had 20 cases and all from people arriving from overseas bringing the bug with them. No deaths. There will be more cases announced daily. As I write this we have had no community transmission but I suspect that's inevitable. Scottish clubs need a lifeline payout from the SPFL asap but that requires that the season is ended.
Some good news however. 9IAR, 9IAR Hello! .
 
oj17 said:
Back to the original thread - the EPL is NOT in financial shit. The season is is practically over and remember they sign 5 yr deals with tv companies so they have such excessive amount money coming in that they will be able to paddle through from 1 bad season..
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Report on championship finances on bbc 5 live tonight, spokesman, (can't remember his name) said club's are spending, on average, 107% of their income on wages, a £50million bailout is not enough,he then said, clubs are twisting on 19 trying to get to the premiership,there will be casualties! ⚰ 🍺
 
michael duffy said:
Report on championship finances on bbc 5 live tonight, spokesman, (can't remember his name) said club's are spending, on average, 107% of their income on wages, a £50million bailout is not enough,he then said, clubs are twisting on 19 trying to get to the premiership,there will be casualties! ⚰ 🍺
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There are reports in England that the EPL is in talks with the teams and players union for players to be capped at £6k per week while no games are being played.
A loot of players in the EPL are on £35k per week plus.
 
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