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Post by Antonio Fargas on Oct 16, 2019 18:14:23 GMT
There's a 2 hr show on 5live atm on EFL club finances.
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Post by warehamgas on Oct 16, 2019 18:23:41 GMT
There's a 2 hr show on 5live atm on EFL club finances. Cheers AF. Just turned on to it. Wasn’t aware so thanks. UTG! |
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Post by Antonio Fargas on Oct 16, 2019 19:38:44 GMT
Interesting that Alan Hardy (Notts County) said that two of the three bids for the club that came his way were about utilising the property, building flats and a hotel, and he felt they didn't give a toss about the football.
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Post by Westy on Oct 16, 2019 19:51:27 GMT
Interesting that Alan Hardy (Notts County) said that two of the three bids for the club that came his way were about utilising the property, building flats and a hotel, and he felt they didn't give a toss about the football. Unfortunately the same can be said about almost any piece of land these days. The moment a for-sale sign guess up on a business you know what's coming next |
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Post by Gassy on Oct 16, 2019 21:26:57 GMT
3 bids now?
I thought Durden said there was some serious football credibility behind the fruit market deal?
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Post by warehamgas on Oct 16, 2019 21:44:18 GMT
Alan Hardy, the ex Notts Co owner came over well as did Mark Palios from Tranmere. But come the end of the show apart from the idea of a wage cap I didn’t feel that anyone had any solutions to the problems. I wasn’t expecting them to provide any solutions and it was an interesting listen but in the end clubs need to take some responsibility for their own affairs and for ‘clubs’ read ‘owners’ because they are the ones who set the financial constraints. Have sensible owners who are keen to build a sustainable club and you probably won’t go under but if you have owners who aren’t then there may be problems. Fans may struggle to influence what happens and how sustainable their clubs are.
UTG!
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Post by tommym9 on Oct 16, 2019 21:46:30 GMT
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Post by Antonio Fargas on Oct 16, 2019 21:51:36 GMT
3 bids now? I thought Durden said there was some serious football credibility behind the fruit market deal? He was talking about clubs trying to buy Notts County. |
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Post by Antonio Fargas on Oct 16, 2019 21:55:31 GMT
Alan Hardy, the ex Notts Co owner came over well as did Mark Palios from Tranmere. But come the end of the show apart from the idea of a wage cap I didn’t feel that anyone had any solutions to the problems. I wasn’t expecting them to provide any solutions and it was an interesting listen but in the end clubs need to take some responsibility for their own affairs and for ‘clubs’ read ‘owners’ because they are the ones who set the financial constraints. Have sensible owners who are keen to build a sustainable club and you probably won’t go under but if you have owners who aren’t then there may be problems. Fans may struggle to influence what happens and how sustainable their clubs are. UTG! Yeah, fair comment. I thought Debbie Jevans didn't do too well, and sounded unnecessarily evasive. |
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Post by gasheadontour on Oct 16, 2019 22:21:48 GMT
A formula seems to be... buy a club/biz and borrow/gamble with any equity. Debts incur interest (to the owners and/or whoever they have borrowed from) for so long as a club/biz can afford the repayments. Then convert debt-to-equity or sell. Repeat.
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Post by Deleted on Oct 16, 2019 22:41:17 GMT
Very interesting,read some of his twitter stuff about football finance including a piece about rovers after the last set of accounts as i remember. The EFL come out of that podcast as a total disgrace in regards to the bolton and bury situation. |
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Post by warehamgas on Oct 17, 2019 7:05:33 GMT
Alan Hardy, the ex Notts Co owner came over well as did Mark Palios from Tranmere. But come the end of the show apart from the idea of a wage cap I didn’t feel that anyone had any solutions to the problems. I wasn’t expecting them to provide any solutions and it was an interesting listen but in the end clubs need to take some responsibility for their own affairs and for ‘clubs’ read ‘owners’ because they are the ones who set the financial constraints. Have sensible owners who are keen to build a sustainable club and you probably won’t go under but if you have owners who aren’t then there may be problems. Fans may struggle to influence what happens and how sustainable their clubs are. UTG! Yeah, fair comment. I thought Debbie Jevans didn't do too well, and sounded unnecessarily evasive. Yes. She was very defensive and was keen to pass the buck. A shame, I thought she might have given a bit of direction to the EFL. Well with the Bury and Bolton stuff not finished yet we might still see some improvement over fit and proper tests but I won’t hold my breath. UTG! |
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Post by teanbiscuits on Oct 17, 2019 7:55:28 GMT
Yeah, fair comment. I thought Debbie Jevans didn't do too well, and sounded unnecessarily evasive. Yes. She was very defensive and was keen to pass the buck. A shame, I thought she might have given a bit of direction to the EFL. Well with the Bury and Bolton stuff not finished yet we might still see some improvement over fit and proper tests but I won’t hold my breath. UTG! The EFL will need to be fit and proper first before that happens. |
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Post by Jomo on Oct 17, 2019 21:30:35 GMT
Thanks for the recommendation on that, I'll give that a listen. Always enjoy your Gascast episodes by the way! |
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Post by tommym9 on Oct 18, 2019 6:43:30 GMT
Thanks for the recommendation on that, I'll give that a listen. Always enjoy your Gascast episodes by the way! Cheers! Glad you're enjoying them |
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