Football Clubs and Local Businesses (1 Viewer)

Nick · Mar 13, 2020

It is a lot wider than football obviously but this is a football forum after all

How many clubs are going to go bust because of this with no income / cashflow?

How many businesses are going to go bust due to the suspension of football for the foreseeable? Pubs for example who won't have the matchdays and also the limited income from people staying away.

ccfctommy · Mar 13, 2020

The Roost!
All those Burger vans!

Nick · Mar 13, 2020

ccfctommy said:
The Roost!
All those Burger vans!

Then multiply it for every football club and the impact is massive!

tisza · Mar 13, 2020

Does link back to your thread what money a club brings to the local economy

stevefloyd · Mar 13, 2020

This is where its unfair with the premier league with all their millions but I guess they still have to pay their over inflated wage bill....lets see if the sweet fa (very apt) help clubs somehow

Kieranp96 · Mar 13, 2020

Nick said:
It is a lot wider than football obviously but this is a football forum after all

How many clubs are going to go bust because of this with no income / cashflow?

How many businesses are going to go bust due to the suspension of football for the foreseeable? Pubs for example who won't have the matchdays and also the limited income from people staying away.

Non, insurance would probably cover most money loss, but there won't be much players get paid 52 weeks so there really not much difference just going to get that income a little later than expected.

clint van damme · Mar 13, 2020

ccfctommy said:
The Roost!
All those Burger vans!

the roost is probably in a better position than most given how may extra pay days he's had this season! Cov city giveth, and COVID 19 taketh away!

Nick · Mar 13, 2020

clint van damme said:
the roost is probably in a better position than most given how may extra pay days he's had this season! Cov city giveth, and COVID 19 taketh away!

Yeah they have had both so not so bad.

christonabike · Mar 13, 2020

If after 3 weeks it’s starting to get games going again then they will get the money in the long run but many businesses are running week to week sadly.
Let’s hope Wasps get another kick in the balls finance wise lol!

Warwickhunt · Mar 13, 2020

christonabike said:
If after 3 weeks it’s starting to get games going again then they will get the money in the long run but many businesses are running week to week sadly.
Let’s hope Wasps get another kick in the balls finance wise lol!

Turn their bond to junk should do it!

Skyblueweeman · Mar 13, 2020

I've heard that Charlton Athletic are very close to going bust....

Broken Hearted Sky Blue · Mar 13, 2020

Skyblueweeman said:
I've heard that Charlton Athletic are very close to going bust....

I think there may be a lot more the longer this goes on

AStonesThrow · Mar 14, 2020

As a side note, would I be right in saying now is probably one of the best times to invest in FTSE shares? Massive deflation of value, surely that’ll rocket back up once Corona has subsided? Or am I being blindly ignorant and naive?

The Reverend Skyblue · Mar 14, 2020

Charlton will go into administration within the next month I've heard. They have no one financing the club. I've read The chairman has withdrawn all his financing due to someone slagging him off, hence they are up the creek without a paddle

AStonesThrow · Mar 14, 2020

The Reverend Skyblue said:
Charlton will go into administration within the next month I've heard. They have no one financing the club. I've read The chairman has withdrawn all his financing due to someone slagging him off, hence they are up the creek without a paddle

Gotta feel for Charlton. Had a hard time under that Roland tosser and now this. Gotta hope they have some luck eventually, would hate to see another Bury story.
An old club with a decent fan base, could have easily been us. Fingers crossed something comes along to turn their fortunes around

skyblueusername · Mar 14, 2020

But on the upside, wasps.

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