Despite the fact that all Championship clubs agreed in principle on 10 July 2011 to sign up to the rules nothing has as yet been signed but our board, apparently on its own, is slashing and burning our costs allegedly to comply with these as yet unsigned rules.
The rules are going to be (if agreed and signed up to) Championship clubs cannot spend more than they earn in 2012-13, while clubs in Div 1 and 2 will only be able to spend 55% of their turnover on players wages.
Some teams are investing to get promotion, to get fans into the stadium, to increase their turnover and earnings whilst we are taking the negative approach (or should I say cheapest) simply cutting slashing and burning. I am also guessing that we are budgeting for relegation where SISU can legitimately slash the wage bill even further and claim its not their fault. To hell with the fact that our once proud club will be languishing in the third tier of football but our expenses will be so much more palatable for our (mis)managers and their board of puppets.
We need these muppets out and out before the damage they do is irrepairable - Hoffman may be a bit of an unknown quantity but he has to be better than this shower who's dark and depressing intentions are starting to become clear.
Well, if we spend millions on new players this season, that spending will be depreciated over the next three seasons (or the length of their contracts) making break-even much harder to achieve.
But if we go down this season it will make break even much harder to achieve.
But if we go down this season it will make break even much harder to achieve.
How football has been operating in this country in particular since Sky TV was always going to prove unsustainable.
The debt that clubs hold are far in excess of their ability to pay.
Football will change and it's been coming for a while.
The new rules for Europe in 2013/14 will if implemented shake the very foundation of football in our country.
No one is asking for us to spend millions - when in the past ten years have we ever spent millions? Eastwood was around a million and that's it.
All we ask is that the board stops bull-shitting about budgets being the same as last year, being the same as Norwich's and other such crap - break the habit of a lifetime and tell the truth. Just admit that the budget has been slashed because that's the way SISU want it and AT is going to have to do the best with the few contracted players he has. We may get some scraps on free loans that no other team wants as we will not contribute to their wages so don't expect any quality. We are budgeting for relegation and crowds of below 10,000 as we don't care about what goes on on the pitch just the p & L and the balance sheet. It won't be palatable but what is happening is driving fans away anyway so why not try the truth.
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