From the Athletic: Rupp Looking to Sell?

Dont know if any of you have seen the report on the bbc sport site ???????
Majority of championship clubs reporting huge losses seemonly a matter of time before the next Sheff Wed is upon another club ...............sorry its time that the powers that be start to get a grip of it

 

This one......

Portsmouth FC: Michael Eisner warns Championship is facing financial 'catastrophe' - BBC Sport

 

Get a grip of what? Greedy, overpaid tier 2 players who think they’re worth 20k+ a week with owners willing to be extorted in search of the ‘holy grail’ of the PL?

 

https://www.theguardian.com/football/2026/mar/12/gillingham-owner-brad-galinson-chasing-dreams-warning-reality-investing-lower-leagues?CMP=Share_iOSApp_Other

Interesting comments from the Gillingham owner Brad Galinson as someone who finds himself caught up in the madness of English football. I can eventually see some sort of cap brought in to try and curb the spending, how they actually implement such a strategy is anyones guess.

 

After whats happened at Wednesday something needs doing now ..............i mean as much as i aint keen on Rupp at least hes running the club within its means .................folk can alude to him not wanting to fund basically a road to oblivion and we all know how that turns out
Sad though that club with a fanbase like ours isnt allowed to compete at a higher level without getting itself into masdive debt

 

Are we not running at a small loss
I thought I had seen around £3million this season
If you can call that small
Covered by Rupp
Other clubs in this league running on far greater losses, which for league one clubs is insane
I bet Luton and Cardiff even post a loss, parachute payments included

 

I maybe wrong but I’ve seen this a few times now. I thought it was that we would lose £3 million if not for the rise in season ticket prices.

 

He’s changed his tune when he thought he could walk out of L2 spending dollars like water to say “ look how good I am” . Is he a mate of Nagle ?

 

Not entirely certain, but I thought it was for the current season
Whichever, football currently is no way to run a business

 

They almost certainly will find a way around player wage caps ….Offshoring etc etc etc etc etc .

 

I had to laugh …” A luxury tax “ if overspending. Most clubs with money will simply overspend , pay the “ luxury tax” as a side spend whilst chasing the Prem dream .

 

Meanwhile in all of this the bbc and other naive media outlets go all week kneed at Wrexham

A club that single most sums up why the non EPL side of the game is heading into insanity and insolvency.

Anyone for another stolen 20 seconds during a match for a camera cut away to Hollywooders acting all soccer watching their ego project?

 

Has Rupp actually put his own money in to the club or has he just allowed the club to borrow more by gauranteeing the loans with the bank while the club pay the interest on them

 

Probably, it’s how many do it and recoup their directors loans at point of sale I believe

 

I really hope it goes tits up for them
In fact if I was the English FA , I would throw all Welsh clubs out of the competition
The sheep worries all want independence don’t they

 

I did say probably to the question is this Rupp,s own money
Knowing it’s very unlikely the club could agree any sort of loan of that amount, with next to nothing in assets

 

Well , as my post that was a light hearted comment has been deleted for political reasons
I am imposing an indefinate ban on myself posting on here
Good bye.

 

I loved the story John Burridge told me about Jim Smith........ which brown bag you want...proceeded to take them both out of the drawer and made him choose....signing on fee... allegedly may be maybe not......