This week said that it would be good for football if one of the big clubs went bust as that would show all other clubs that they have to live within their means. Do you agree?
This week said that it would be good for football if one of the big clubs went bust as that would show all other clubs that they have to live within their means. Do you agree?
Possibly tony but i doubt it,theres so many ways for teams go beyond their means,bogus sponrorship deals etc.for every new regulation to police the finances ,there will be a creative accountant somewhere to get round it .just look at the business world right now ,short selling etc ,how the hell can that be legal .Everyones been wondering how little stoke are doing what they're doing ,well they've got bet 365 in the mix bunging them around £20m. to purchase the likes of Crouch +co,i wonder what football in total is worth to the british GDP,i bet its not insignificant ,no ones going to let it implode
Only a matter of time, some football finance expert on radio a while back predicted a major club will go bust sooner or later, having said that there always appears to be people ready to buy football clubs no matter how destitute they are, look at Plymouth Argyle recently, so there must be advantages somewhere along the line. I actually think if the Hoffman group weren't around we would be in grave danger of folding.