That's madness. So much for FFP to try and make clubs live within their means.
Are their owners just covering it? Last thing I knew it was that dodgy chinese fella.
Who owns them now?
if we get to the Championship I hope we spend only what money we have coming in and don't borrow a penny, if we end up getting relegated so be it.
Of course, if some rich maniac with more money than sense wants to fund a promotion push out of his own pocket then great, but I don't want a penny of debt loaded on to the club in the pursuit of a place in the EPL.
That's frightening. As is the TV rights, given the savage drop from top flight to there!Their wage bill has gone up by £14m in a year, not sure why that is? Wage bill is £34m a year. They earn more in TV rights than CCFC's overall turnover.
Shows how strange the football industry is. How any regulatory body can say it is okay to lose 39m over a 3 year period is a bit of a nonsense.
Yet the Oystons are the ones mismanaging a club apparently.
Interesting that Marcus Evans at Ipswich was a hero there for years - now he seems to want out (or at least not put in more than the 95m he has already lent the club) and is not prepared to write-off all his money and he's a villain.That's the thing, good football ownership nowadays is throwing millions in the club doesn't have.
Orient didn't work out well.
Interesting that Marcus Evans at Ipswich was a hero there for years - now he seems to want out (or at least not put in more than the 95m he has already lent the club) and is not prepared to write-off all his money and he's a villain.
Big financial losses then the manager says he says he needs at least 6 new players in Jan which fans are looking to the owner to provide.
Can't help but see a small parallel in this last bit with our relegation from Championship when owners thought we had enough to avoid relegation and didn't invest in Jan (indeed sold Jutki).
When was redknapp there as he usually leaves chaos behind him with his reckless spending
Definitely a case of another club suffering from spending money they didn’t have on players redknapp wanted.
It’s not Redknapp’s fault tho is it, it the people who bring these managers in and agree they will invest x amount into the team.
Would Harry go to Birmingham in the first place if they said we want you Harry but we have no money in fact we need you to half the budget not bring in players for a few million.
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He overpays for players and gives them deals way beyond their worth
I cannot comment on deals he’s personally offered as I don’t have enough information or seen anything to suggest otherwise so will have to leave you on that one.
All I can say is the money people above him are agreeing to the deals to and they are the ones backing him in the market.
When he went to Birmingham to beat relegation he did it for free I believe, they then offered him a deal to set about a a promotion push with funds available.
If the funds are not available you don’t go to Harry to hope to get you up, you get someone who can work on a budget that realistically fits your business model
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My father in law is a blues fan, he tends to leave carnage everywhere but is a lovely bloke I am told
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