Is the Premier League Out of reach (1 Viewer)

Grendel · Sep 2, 2015

There was a report last night on news night which gave a stark message to clubs outside the premier league.

Effectively it was saying the championship is now effectively ran by clubs in the same way the premiere league was when we were in it.

When we were there the premier league was full of clubs, like us, overspending and borrowing huge sums of money to remain there. Now the league is a harem of profit for foreign investors. All but one club made a profit last year and the average profit was £30 million.

The most incredible stat was that wages were 58% of turnover.

By contrast the desperation to join this party is having a catastrophic effect in the championship. Average losses are at £10 million a club and average wages to turnover is 105%.

We know that when we were last in the championship we were in the top 10 crowds but due to our "unique" arrangement were in the bottom 6 for revenue.

I can see no real hope with these arrangements how the club can return - even with promotion and gates of 15-20,000 we'd have one of the lowest turnovers and no real capacity to move forward.

It could be we will never return.

bradwellskyblues · Sep 2, 2015

under our current owners we will never return to the premier league,i doubt they even want promotion this year,mr fisher said on cwr on our return to the ricoh that under our present set up the championship was unsustainable

CraigSBA · Sep 2, 2015

We will never return under the current regime full stop .
Clubs don't make it big these days by "living within their means " or "breaking even"

fernandopartridge · Sep 2, 2015

I'll be in the minority but I have no desire to return to the Premier League in its current guise.

pusbccfc · Sep 2, 2015

I think it is possible for a club like us to return one day. We have a bigger potential fan base than a number of Premier League clubs.

fernandopartridge · Sep 2, 2015

Evo1883 said:
We will never return under the current regime full stop .
Clubs don't make it big these days by "living within their means " or "breaking even"

Why didn't we 'make it big' during the 20 years of multi million pound losses

Grendel · Sep 2, 2015

bradwellskyblues said:
under our current owners we will never return to the premier league,i doubt they even want promotion this year,mr fisher said on cwr on our return to the ricoh that under our present set up the championship was unsustainable

Well these figures prove him right and prove we need our own stadium or we are without hope of ever attracting new owners.

pusbccfc · Sep 2, 2015

fernandopartridge said:
I'll be in the minority but I have no desire to return to the Premier League in its current guise.

Me too, I would just love a bit of excitement. A promotion, cup run, or a trip to Wembley would be fine. The Premier League in it's current state is somewhere I don't want to be. £40 for an away ticket twice a month? Not for me.

bradwellskyblues · Sep 2, 2015

gendel mr fisher goes on and on about revenue streams please explain why this summer the club have given up on 2 revenue steams the club shop and the club programme

CraigSBA · Sep 2, 2015

Im sorry i thought we did by maintaining premier league status for 9 years .
And the question was these days , besides even then we were not not spending what alot were

fernandopartridge · Sep 2, 2015

Evo1883 said:
Im sorry i thought we did by maintaining premier league status for 9 years .
And the question was these days , besides even then we were not not spending what alot were

Maintained it at the ultimate cost of losing a home of 99 years and now renting a stadium from a London Rugby Club. Never again.

CraigSBA · Sep 2, 2015

Thats bad management is it not.
I understand your point but the premier league didnt cost us our ground

Grendel · Sep 2, 2015

Evo1883 said:
Im sorry i thought we did by maintaining premier league status for 9 years .
And the question was these days , besides even then we were not not spending what alot were

Sorry? We were £60 million in debt when relegated.

CraigSBA · Sep 2, 2015

Yes .. is that because of the premier league or bad management , fiddles etc ?

CraigSBA · Sep 2, 2015

Im sorry but their have been many clubs in the premier league that never got into the mess we did .
By blaming the premier league you are effectively passing the book from richardson and co

Grendel · Sep 2, 2015

Evo1883 said:
Yes .. is that because of the premier league or bad management , fiddles etc ?

It's because as every club were doing we were spending more on wages than receiving in revenue. We were spending fortunes on wages that far exceeded our earnings.

RFC · Sep 2, 2015

Evo1883 said:
We will never return under the current regime full stop .
Clubs don't make it big these days by "living within their means " or "breaking even"

Strange that, take you've got hundreds of millions to lose?

CraigSBA · Sep 2, 2015

So thats the divisions fault my apologies .

Grendel · Sep 2, 2015

Evo1883 said:
So thats the divisions fault my apologies .

Well no if you want to be bottom of the division that's fine - would you?

RFC · Sep 2, 2015

bradwellskyblues said:
gendel mr fisher goes on and on about revenue streams please explain why this summer the club have given up on 2 revenue steams the club shop and the club programme

Perhaps they can make more by farming it out, without all the extra costs?

CraigSBA · Sep 2, 2015

RFC said:
Strange that, take you've got hundreds of millions to lose?

Wow

CraigSBA · Sep 2, 2015

Grendel said:
Well no if you want to be bottom of the division that's fine - would you?

So why ask this question then , when under the current regime we wont pay those wages ever so it's not something we should concern ourselves with ..as we are just getting by right now .

Rusty Trombone · Sep 2, 2015

I'm surprised so many are making profits, on the basis we could do to I'm all for someone risking their money to get us there and then take the profit. At the ticket prices clubs charge in the league I probably wouldn't go to as many games, but I'd enjoy the success we'd have along the way.

CraigSBA · Sep 2, 2015

Ok to save arguing with people that live for it ...yes , the premier league is out of reach for coventry city in our current situation

Philosoraptor · Sep 2, 2015

Just survival in the top flight each year was our cup final.

Specs WT-R75 · Sep 2, 2015

The Championship appears to be a multi-millionaire's Casino. On that basis, with our current ownership the Premier League is out of reach baring a rich vein of talent from the academy and not selling them...

Hercules · Sep 2, 2015

pusbccfc said:
Me too, I would just love a bit of excitement. A promotion, cup run, or a trip to Wembley would be fine. The Premier League in it's current state is somewhere I don't want to be. £40 for an away ticket twice a month? Not for me.

Here in the third division, you can probably get an away ticket to any game you fancy. In the Premiership, they would be much harder to come by, even at £40 a pop.

I would be happy to stay in the Championship, with a good few Midlands derby games, but as the OP suggested, we would probably go broke.

Philosoraptor · Sep 2, 2015

Got to admit it is so strange to be looking at the other end of a table, be it division 3.

skybluetony176 · Sep 2, 2015

fernandopartridge said:
I'll be in the minority but I have no desire to return to the Premier League in its current guise.

I'd take it but if we came straight back down I wouldn't be that bothered. Assuming that we haven't gambled everything to get there and need at least X amount of seasons in it to avoid going tits up, again.

will am i · Sep 2, 2015

Grendel said:
Well these figures prove him right and prove we need our own stadium or we are without hope of ever attracting new owners.

I thought delivering a new stadium was his only job. if he isnt up to it why is he still hanging around and being paid?

Brighton Sky Blue · Sep 2, 2015

Grendel said:
Well these figures prove him right and prove we need our own stadium or we are without hope of ever attracting new owners.

That we need to do so is beyond doubt but there is no hope of it happening in any meaningful timeframe.

skybluetony176 · Sep 2, 2015

RFC said:
Strange that, take you've got hundreds of millions to lose?

I don't think Bournemouth had "hundreds of millions to lose" either.

stupot07 · Sep 2, 2015

skybluetony176 said:
I don't think Bournemouth had "hundreds of millions to lose" either.

They had enough to lose £40m+ in 3 years.

They lost £15m just getting out of league one.

Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors

skybluetony176 · Sep 2, 2015

Hercules said:
Here in the third division, you can probably get an away ticket to any game you fancy. In the Premiership, they would be much harder to come by, even at £40 a pop.

I would be happy to stay in the Championship, with a good few Midlands derby games, but as the OP suggested, we would probably go broke.

We probably wouldn't. Both rent and wages are now under control unlike previously.

Grendel · Sep 2, 2015

No just £50 million and a bankrolling billionaire as well

Is the Premier League Out of reach (1 Viewer)

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