Brum / WBA also in a mess? (1 Viewer)

The Philosopher said:

As I’ve said before, we are going to see a lot of this.

So many clubs financed to the max either directly or indirectly.

That is one story when money is cheap and finance houses are trying to invest to make returns.

Different story now. Refinancing is going to be difficult and more expensive. It’ll have a domino effect.

TF was apparently warning other clubs at some chairman get together a while back. I don’t think anyone listened (I can understand why) but of course he was right. You don’t have to be a genius to work out that getting into more and more debt will one day bite.

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slowpoke said:

The position at WBA must be alarming I know they have been a bit of a yo-yo club in recent years but they have had years of on off Premiership and parachute money I always thought they were a well run club. I read recently talk of administration

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