Interesting article with Andy Holt - State of Lower Leagues Finances (1 Viewer)

[Nick]

Accrington owner Andy Holt horrified by football's skewed finances | Daily Mail Online

 

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[ceetee]

That's why clubs without sugar daddy owners are doomed to L1 and L2
There's no way a fan owned club could survive in the Championship.

 

[kg82]

Think he might be my new favourite person in football. And I completely feel his pain.

 

[Nick]

I do like him, wouldn't mind him owning us!

 

[Sky Blue Pete]

Excellent article mail though

 

[CanadianCCFC]

Smart man.

 

[Gibbo]

Cost to run CCFC - £120k per month. Cost to run Derby in the Championship 10 x that
Interesting................

 

[mmttww]

It's an indictment of the state of things that someone saying this publicly qualifies as news. Nice to hear someone talking about it the way he does - shows the bloke genuinely gives a sh*t.

 

[Nick]

It's an indictment of the state of things that someone saying this publicly qualifies as news. Nice to hear someone talking about it the way he does - shows the bloke genuinely gives a sh*t.

Its about time people listen to things like that. It is going to end up with clubs really going pop trying to gamble. Look at Leyton Orient, they didn't properly go pop but the gamble didn't work.

People usually seem to class good owners as somebody who throws money in, he is a very good, realistic owner.

 

[SkyblueBazza]

...and too few people are interested/aware. The BBC is more concerned about someone like James Milner's placing on the Bristol Stool Rating than the fact that CCFC or similar might not exist within 3 months. It is unlikely to change therefore

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[ccfcway]

Its about time people listen to things like that. It is going to end up with clubs really going pop trying to gamble. Look at Leyton Orient, they didn't properly go pop but the gamble didn't work..

like most other industries, sadly it needs someone to go pop before its properly looked at

 

[SkyBlueScottie]

Blackburn have posted their accounts, they had a 16.8 million loss last season. We are a point outside of the play offs... Yet people have called for Robins to go...

 

[ccfcway]

Blackburn have posted their accounts, they had a 16.8 million loss last season. We are a point outside of the play offs... Yet people have called for Robins to go...

Only a handful. The vocal minority, like most other things at our club

 

[tisza]

Only going to get worse.
PL drawing so far away from rest of football. Have to question the financial management of PL clubs. Getting drawn into completely overvalued transfer deals and overinflated wages. Wasn't the Sanchez deal for Utd an obvious red flag on what it was going to cost them with wages for new players or resigning players?
The wage knock on from PL into Championship in particular is beyond financial commonsense.

Going to end only one way with the top 6 saying can't afford to stay in PL and move onto some kind of Euro Superleague.
Then much like Championship TV deal the value of the TV deal for remaining pl clubs going to nosedive.
PL clubs no different from the depending excesses their players are often ridiculed for.

 

[itsabuzzard]

...and too few people are interested/aware. The BBC is more concerned about someone like James Milner's placing on the Bristol Stool Rating than the fact that CCFC or similar might not exist within 3 months. It is unlikely to change therefore

Sent from my SM-G935F using Tapatalk

Had to google BSR and then spent next ten minutes laughing like a drain. Good start to the day. Thanks.

Sent from my LG-H850 using Tapatalk

 

[shmmeee]

Its about time people listen to things like that. It is going to end up with clubs really going pop trying to gamble. Look at Leyton Orient, they didn't properly go pop but the gamble didn't work.

People usually seem to class good owners as somebody who throws money in, he is a very good, realistic owner.

I think most reasonable people just want progress. Of course we’d all like to play Arab Sheikh fantasy football, but realistically we just want to compete in the league we’re in.

Off field stuff aside, who hasn’t enjoyed the last two seasons? Have we had money thrown at us?

People hated Sisu on the pitch for dragging us down from the Championship to L2, not because they didn’t sign Gareth Bale. I think you don’t give the average fan enough credit.

 

[Nick]

I think most reasonable people just want progress. Of course we’d all like to play Arab Sheikh fantasy football, but realistically we just want to compete in the league we’re in.

Off field stuff aside, who hasn’t enjoyed the last two seasons? Have we had money thrown at us?

People hated Sisu on the pitch for dragging us down from the Championship to L2, not because they didn’t sign Gareth Bale. I think you don’t give the average fan enough credit.

Read the views of the average fans, the majority just want money and to be watch transfer deadline Day.

 

[shmmeee]

Read the views of the average fans, the majority just want money and to be watch transfer deadline Day.

I don’t think the views you read online are average at all. Like I say it’s all relative to the league you’re in. Which average fan didn’t enjoy last season? Repeat that and they’ll be happy regardless of how much it cost.

 

[Nick]

He's had a bit of a rant, it all makes sense though and is realistic!

Thread by @AndyhHolt: "So...... The problem I have with the football set up, both financial and regulatory is this: One day it will ‘do for’ @ASFCofficial whatever […]"

So......

The problem I have with the football set up, both financial and regulatory is this:

One day it will ‘do for’ @ASFCofficial whatever I do.

There is no light at the end of the tunnel.

This is where @FA @EFL @premierleague have taken football.

No longer is football..
..about supporters, communities, towns, social cohesion, health and well being.

It’s about money and gambling.

The specific problem is that by doing the right thing to keep your club solvent and well run, you’re actually destroying its future.

There is only so long..
..clubs run properly can survive against a tidal wave of money being thrown at football.

A tidal wave of money that does not give two shits about the real reason for football or our pyramid.

A tidal wave of money that doesn’t give two shits about the clubs used in the gamble.
A tidal wave of money that perversely is seeing more and more clubs unable to pay their players or their bills.

A tidal wave of money in a game that still can’t afford grassroots pitches clear of dog shit for kids to get healthy emulating their overpaid superstars.
A tidal wave of money that is destroying @EFL who are impotent and have no hope of resisting its surge.

The level of distress in the game is DIRECTLY proportional to the amount of money in the game.

This level of distress can only be because those running it are failing..
..to regulate properly. How can we have wages not being paid at peak-cash football?

Football has never been richer.

I know there’s a choice coming for @ASFCofficial

Either...
Football is regulated properly, football club businesses run in the same way normal businesses are, with the long term health of the pyramid as priority.

Or...

All clubs have to join in the madness.

The playing field is being tipped against clubs doing the right thing.
The choice is simple.

Either gamble and risk our clubs existence.

Or run sensibly and risk a slow painful death.
Two examples and I’ll leave you alone for a bit

1. @buryfcofficial are on their arse, they’ve been overspending for years. This is not news.

They have run out of cash and anything can happen now.

@PFA lent them money (as they did @OfficialBWFC ) to finish their season.
Then having gambled their club @buryfcofficial get promoted

How on gods earth can this be right, @PFA getting this club over the line? This is telling clubs recklessness pays!

2. @OfficialBWFC have been allowed to run up debts for years on end, the same is happening all over...
the pyramid now. @PFA paid their wages earlier in season and again at the end. They still could not finish their season FFS! @EFL advanced them money too. They are on their arse.

But remember these organisations are US, OURS, football clubs and players.

We are all responsible.
Good morning BTW.

 

[chiefdave]

He’s absolutely spot on.

 

[MusicDating]

Yup, nails it.

 

[oldskyblue58]

damn good article and well said

 

[fernandopartridge]

Only going to get worse.
PL drawing so far away from rest of football. Have to question the financial management of PL clubs. Getting drawn into completely overvalued transfer deals and overinflated wages. Wasn't the Sanchez deal for Utd an obvious red flag on what it was going to cost them with wages for new players or resigning players?
The wage knock on from PL into Championship in particular is beyond financial commonsense.

Going to end only one way with the top 6 saying can't afford to stay in PL and move onto some kind of Euro Superleague.
Then much like Championship TV deal the value of the TV deal for remaining pl clubs going to nosedive.
PL clubs no different from the depending excesses their players are often ridiculed for.

The PL is just a reflection of the world full stop isn't it? Concentration of wealth at the expense of everybody else

 

[oldskyblue58]

Interesting report on the off shore finance affecting our leagues.

https://www.taxjustice.net/wp-content/uploads/2018/10/Final-Offshore-Game-Report.pdf

close to one third of the clubs in the four divisions involved, and size of club doesn't seem important

 

[Stevec189]

Interesting report on the off shore finance affecting our leagues.

https://www.taxjustice.net/wp-content/uploads/2018/10/Final-Offshore-Game-Report.pdf

close to one third of the clubs in the four divisions involved, and size of club doesn't seem important

Another league where we can’t get in the top 10!

In all seriousness though it stinks. Tottenham is amazing! Puts the Ricoh debacle in perspective! Who would buy Bolton? Debt of £151 million! It significantly has to change it is unsustainable outside of the top 6 of the Premier League.

Off to move my business to Delaware!

 

[tisza]

Interesting report on the off shore finance affecting our leagues.

https://www.taxjustice.net/wp-content/uploads/2018/10/Final-Offshore-Game-Report.pdf

close to one third of the clubs in the four divisions involved, and size of club doesn't seem important

Whole things a disgrace really.
Billion pound industry operating in UK with no real transparency on ownership as people are allowed to hide behind offshore companies.
Again supposedly primarily for tax reasons. Still fundamentally generating their income from UK taxpayers then dodging fair taxes to further line their own pockets.