Quantcast
  1. Welcome to Bantam Talk

    Why not register for an account?

    Not only can you then get fully involved in the community but you also get fewer ads

  2. Premium Membership now Available


    Please see this thread for more details

    Dismiss Notice

Championship Football. Too Early?

Discussion in 'City Talk' started by Silverbantam, Oct 24, 2025.

  1. Lofty lion

    Lofty lion Emergency Backup

    Joined:
    Mar 3, 2021
    Messages:
    16
    Likes Received:
    168

    Not as easy as that DP. You go up and sign Championship players on Championship wages then get relegated and are stuck with them some of who are dissatisfied at being in L1. That was a problem here at Bolton and it took us nearly going bang to resolve it. We thankfully now have new owners and investors but they won’t hang around for long if we don’t get back into the Championship soon. You shouldn’t worry about going up you’re a bigger club than many in there. Preston are a good example of sustainability. They don’t overspend, don’t have big crowds like you but manage resources well. Of course you’d have to improve the squad but it doesn’t have to cost a fortune if it’s done well as many others have done before. There’s a long way to go yet but as long as you can keep your players fit I see no reason why you shouldn’t be up there challenging until the end of the season.
     
    Budgie, Old Grey Fox, CRASS and 18 others like this.
  2. Dennis

    Staff Member Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    6,408
    Likes Received:
    17,119
    I agree with your concern about the danger of being loaded with expensive Championship players in the event of relegation back to Div 1 after a single season. I wouldn't however be quoting PNE as a club whose model should be replicated.

    In the last two years, PNE's accounts show losses of around £14 million in each year on turnover of around £15-16 million in those years. One reason for this is their wages bill. It was circa £22 mill in each of the last years. As a result, their wages to turnover measure was 130% in 2024 and 139% in the previous year. Thst's far from exceptional in the Championship and like many clubs, PNE are dependent on their owners to provide funds to finance those losses. PNE's debt in 2023 had grown to £86mill! Their owners converted nearly half of that debt into equity in the following year in part to meet the PSR regs. Debt at that level in a club which continues to be loss making, as most Championship clubs are, is madness. It shows how reliant just about every Championship club is on their owners' wealth. That can hardly be called a sustainable model and PNE are not alone.
     
  3. JonButterfield

    Euro24 PL Entrant P.L.24/25 Entrant Qatar 2022 Entrant

    Joined:
    Apr 9, 2018
    Messages:
    16,488
    Likes Received:
    28,009
    I just doubt we can afford to do what we did this Summer.

    We upgraded a bunch of positions to true L1 quality, especially the wing backs, but bringing in 4 or 5 Championship quality players (international level players, let's be honest) will be incredibly expensive.

    Our current squad is a bit Dad's Army too, so likely to need young loans which all sounds a bit risky.

    If we went up, I reckon we're straight back down, but it still might be better to experience a yo yo season than stay down in L1 and maybe lose lads like Pointon
     
    Stoneski likes this.
  4. Dratsab taf

    Dratsab taf Squad Player

    Joined:
    Apr 18, 2018
    Messages:
    2,044
    Likes Received:
    3,662
    Didnt the hemmings family also wipe off a load of preston's debt prior to converting to equity?
     
  5. Dennis

    Staff Member Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    6,408
    Likes Received:
    17,119
    Yes, I think so. Looking at their financials, something around £30 mill was written off by the owners.

    On reflection it looks more likely that the loan was also converted into equity despite what was reported in the media. The club's holding company issued another £30mill of equity a few months ago
     
  6. Lard Arse

    Supporter

    Joined:
    Apr 13, 2018
    Messages:
    2,419
    Likes Received:
    4,071
    I read an article after Trevor Hemmings the owner died, his son took over and said the Family budget for a £12m yearly loss for PNE.
    A drop in the ocean for them as he was worth +£1B when he passed away.
     
    Kevin1954 and Dennis like this.
  7. Keefly Bantam

    Euro24 PL Entrant P.L.24/25 Entrant P.L. 20/21 Top 20 Qatar 2022 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    10,680
    Likes Received:
    14,579
    Did we have these things when we were in the Prem?
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Bronco and Onside like this.
  8. AngryGaz

    AngryGaz Impact Sub

    Joined:
    Nov 23, 2021
    Messages:
    3,295
    Likes Received:
    6,181
    If it there then simply go for it and worry about everything else later ..........other teams have done it and far worse set ups than ours so why cant we :)
     
    Stoneski and Onside like this.
  9. Silverbantam

    Supporter

    Joined:
    Apr 9, 2018
    Messages:
    2,303
    Likes Received:
    2,267
    That’s 25 years ago. Football has changed a lot since then
     
  10. Old Grey Fox

    Supporter

    Joined:
    Apr 9, 2018
    Messages:
    1,144
    Likes Received:
    1,454
    Playing devils advocate,but perhaps we might still be in the premier league if we had all those things.
     
    Interested Bystander likes this.
  11. Sunnybank

    P.L.24/25 Entrant

    Joined:
    Oct 6, 2023
    Messages:
    501
    Likes Received:
    717
    Probably not the right thread for this.

    But in an ideal world, us, council and Bulls should get together and get a training centre built that both clubs can use aswell as youth teams and used on weekends by grassroots etc.

    Won't happen, but bloody should. What better way to mark the city of culture year than to invest in the futures of both clubs and youth sport.

    Should have also happened years ago with a new stadium, again a pipe dream and definitely won't happen now. But we could have a cheaper, more modern stadium that holds over 30k by now. With better facilities and the chance to increase capacity if needed. Instead we're stuck with what we have, and I know it has setimental value, i 100% get that. And not at Odsal....

    On topic, it's never too early for promotion. But can be too long coming!
     
  12. vin weasel

    vin weasel Squad Player

    Joined:
    Apr 19, 2018
    Messages:
    3,464
    Likes Received:
    4,897
    Screenshot_20251029-133911.png

    We would need our form to fall off a cliff to end up out of the top 6 this season imo
     
    Onside, Jordan and Stoneski like this.
  13. Jordan

    P.L.24/25 Entrant

    Joined:
    Jan 15, 2019
    Messages:
    6,151
    Likes Received:
    12,053
    I looked a week or so back and by this stage there's usually at least 4 of the top 6 come the end of the season already in there and usually the other 2 that make it up aren't a million miles off.

    January window is going to be daft. It's still so tight, there's probably 10/11 teams right now who think they are either in there or a few wins from getting back in there and nobody really can hold a good spell of form down so far this year. If for example the gaps stay as is and Luton & Huddersfield are 6 points off the top 6 come Jan, they'll think about launching money at the squad not only to make up the 6 points but then get the other 4 or 5 points to go in the autos.
     
  14. Keefly Bantam

    Euro24 PL Entrant P.L.24/25 Entrant P.L. 20/21 Top 20 Qatar 2022 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    10,680
    Likes Received:
    14,579
    Or maybe we would still be there if BFG hadn't interfered in the playing squad too much and pissed Jewell off?
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Bronco and Old Grey Fox like this.
  15. Rogered Tart

    P.L. 23/24 Top 30 Euro24 PL Entrant P.L.24/25 Entrant

    Joined:
    Apr 10, 2018
    Messages:
    19,159
    Likes Received:
    47,786
    I know someone who works at Preston, he speaks very of their owners. I agree with your sentiments in principle but i don't expect to see the administrators called in at Preston if their current are at the helm of the ship.
     
  16. Dennis

    Staff Member Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    6,408
    Likes Received:
    17,119
    Neither do I! Credit has to be given to the Hemmings family. They are long term supporters and have funded PNE for several years and I don't expect that to change in the near future. My point was that PNE make a serious loss every year but are funded by their owners in the same way as almost every other Championship club rather than on some mythical sustainability model. That's just the way of the Championship. It's allowed by the EFL and if we were to get there, we'd more than likely have to do the same.
     
  17. Silverbantam

    Supporter

    Joined:
    Apr 9, 2018
    Messages:
    2,303
    Likes Received:
    2,267
    I can’t see Mr Rupp being happy with funding City millions of pounds every season.
     
    Onside, Bronco and Dennis like this.
  18. Offcomedun

    P.L. 23/24 Top 10 P.L.24/25 Entrant Qatar 2022 Entrant Supporter Euro2020 Winner Euro 2020 P.L. 20/21 3rd Place

    Joined:
    Jun 18, 2018
    Messages:
    7,189
    Likes Received:
    12,675
    No, me neither. But he’s not an idiot; he must have have been appraised of the financial realities in the Championship. Yet he is clearly stating his ambition to get us up there. So presumably he must have some kind of plan. Whether that’s to sell up, or invite other investors in, who knows?
     
  19. Dennis

    Staff Member Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    6,408
    Likes Received:
    17,119
    I genuinely hope that Stefan fully understands the financial impact on his pocket if and when we are promoted to the Championship. I believe he is a decent guy and would want him to have his eyes wide open were that to happen and wouldn't want him lulled into a false sense of security. As you suggest, maybe he already has a cunning plan in place about which we have no inkling. He's going to need one once we are promoted. Without one, we'll be on the road to perdition.
     
    Silverbantam and Stoneski like this.
  20. Ashton Bantam

    Ashton Bantam Impact Sub

    Joined:
    Apr 13, 2018
    Messages:
    622
    Likes Received:
    1,824
    My gut feeling is if we got back to the Championship, Rupp would look to sell a proportion of his holding and try to recoup the majority of the £6m+ he laid out to purchase us.

    Not sure on how realistic that is but he could end up doing well if he could pull that off and retain a holding. Especially if we could somehow consolidate at that level. All big ifs, buts and maybes though.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice