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Most liked posts in thread: Funding of Bradford City V Premiership and other clubs

  1. WilsdenBantam

    WilsdenBantam Squad Player
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    I’d rather us be higher than league 2 but I have no interest in the PL again tbh only to see us get spanked every week to billionaire clubs, interesting two of my mates are Leeds fans and they weren’t even excited about staying up last season as most people just want to see their team be competitive whichever league it’s in.

    It’s not the players(despite what the media says) or fans fault, but the game is more a plastic commodity than anything now. People on social media following ‘brands’ like CR7 over actual clubs, everyone will have their opinion but I don’t like it and I’m glad growing up my dad carried me on his shoulders to my first live football, now I’d be watching on sky and tweeting about someone.

    The tv companies and filthy rich have stripped the game of its working class routes. I’m not saying footballers should be on minimum wage, but it’s gone so far the other way it’s unrecognisable. Even in other countries like Brazil with all its poverty, now they watch their stars with cars worth more than their neighbourhoods and fancy teeth.

    I hope the authorities ruin Man City I really do, but it’s never going to happen, the owners are too powerful now, slap on the wrist no doubt. At worse it’ll be a points deduction when it’s confirmed they can’t win the league.
     
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  2. Bigrod

    Bigrod Captain
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    There are many other clubs out there with financial issues. This report makes for a fairly concerning read. https://www.begbies-traynorgroup.com/news/business-health-statistics/begbies-traynor-red-flag-alert-football-financial-distress-survey-england-1

    Recently Leicester City current owner in effect gifted the club £194 million. https://theathletic.com/4146178/2023/02/02/what-leicester-debt-write-off-means-for-the-club/

    Closer to home you wonder about clubs with seemingly low turnover i.e. Fleetwood and Forrest Green and where they get sufficient income from to sustain their current positions.

    There really needs to be a fully transparent system in place in respect of accounting.
     
  3. Park bantam

    Park bantam Regular Starter
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    Football has boomed in this country because of our great league system the best in the world what Man City and others are doing is in danger of making it even less competitive.
    I really miss the time when really well run smaller clubs could win the league and cup competitions
     
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  4. Bronco

    Bronco Star Player
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    The thing is Jordan Gary didn't make the same points when he was pulling £70/80K a week at United.

    Our short time in the Premier has been discussed many times and of course for little Bradford City it was a great achievement something I never thought I'd see in my lifetime BUT after the first season it became a bit a toil and pleasure no structure to when our games were played ETC, being a decent team in the Championship being able to compete with others would be reasonable target IMO.
     
    #22 Bronco, Feb 7, 2023
    Last edited: Feb 7, 2023
  5. Dennis

    Dennis Captain
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    Yes, it does. The sponsorship deal with Etihad was one of the reasons Man C were originally kicked out of the Champions league.for 2 years by UEFA. Unfortunately once the owner's army of very expensive lawyers successfully appealed the decision, Man C were reinstated. I trust this time, the PL are better prepared .. but my prediction is that it will take some time, maybe even years.
     
  6. Rogered Tart

    Rogered Tart Regular Starter
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    Money talks in football. Always has always will. Forget the level playing field stuff, never been there for as long as I can remember. Even when we reached the premiership it was because we maxed out the company credit cards. To a point where we never paid it back.
     
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  7. Dennis

    Dennis Captain
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    The EFL's own FFP rules in the Championship are ludicrous. They allow clubs to stay within the rules if their losses are less than £39mill over a three year period. Or if you like, Championship clubs can make losses of £13mill every year and still stay within FFP rules. Madness!

    In the real world rather than the footballing world, businesses with similar turnovers to these clubs - say £30 to £40mill - which continually make losses on this scale wouldn't stay in business very long! Occasional losses are to be expected in the business world but not in the long term. The only reason why most Championship clubs are still in business isn't because they are well run businesses but that they are owned by people with large egos and large bank balances who are willing to subsidise their club in the hope of reaching the Promised Land (or PL as it's usually known). It's a very tilted playing field.

    The worrying issue for the sport is that the EFL's own rules have institutionalised the concept of loss making football clubs. None of the sustainability principles in FFP! The rules could be changed tomorrow by the EFL but of course they couldn't do that without the agreement of a majority of the clubs. If ever we managed to get into the Championship, we'd be up against it and struggle to maintain that position .. unless the FFP rules are changed fundamentally.

    It's even worse in the PL where clubs can post losses of £60mill (!) over each and every 3 year period and still meet the FFP rules. At least after some pressure from FIFA, the PL have now effectively introduced a salary cap at 70% of total revenues. It will take some years to implement that fully but at least they are moving in the right direction. Unfortunately as we've seen with Man City, very wealthy owners will continue to breach the rules and employ an army of very expensive lawyers to overturn any penalties. I predict there will be more 'Man Citys' as the willy waving competition between mega rich billionaires continues to invade the sport.
     
  8. trevor

    trevor Squad Player
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    Money influences football. Who would have thought
     
  9. Dennis

    Dennis Captain
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    Man C's total revenues have indeed been the highest in football for the past two years, beating both Real, Man U and Liverpool to that position

    Interestingly both matchday revenues and TV broadcasting are both lower than their main competitors. It's their commercial activities, especially sponsorship, which give Man C the edge. Of course, it was the extraordinary level of sponsorship provided by Etihad (the airline which also just happens to be owned by Mansour!) which helped enormously. It was this abnormal and unusual level of sponsorship which gave rise to FIFA's original investigation a couple of years ago.

    I suspect the planned PL investigation might also look into this again. ;)
     
  10. Onside

    Onside Squad Player
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    I have always assumed maybe wrongly that PL fiddle the books in some form or another. It will be interesting to see how this pans out, but one thing I am absolutely certain of, nothing will happen that MC can’t cope with. This is about managing the public and fans perceptions.
     
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  11. Kevin1954

    Kevin1954 Squad Player
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    Sports washing at its finest.

    “We will buy your football teams as long as you turn a blind eye to our beheading folks as a national pastime “
     
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  12. Captain Grumpy

    Captain Grumpy Impact Sub
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    I agree,in the 70s Derby county won the 1st division twice and the likes of Bobby Robsons Ipswich were really close ,no chance of that happening now although Leicester booked the trend in 2015 but that will be a rarity. Sadly the huge money has now spread to the championship and when you look back when City won promotion to the premier league the teams in the 2nd tier had the likes of Stockport, Bury, Crewe,Tranmere as well as the big clubs like WBA and Sunderland, so it’s far more difficult these days for City to compete in the championship where it’s mainly big clubs and huge money.
     
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  13. Get Rid Of It

    Get Rid Of It Squad Player
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    I remember a few years ago reading Millwall chairman Theo Paphitis saying upwards of £50 million had to be injected to keep them in the Championship over the 5 years since City lost the playoff final.
    No way would rupp+rahic be able to do this for our club,

    Here is an interesting read about Millwall and the Championship clubs finances, scroll down to total debt and there are some eye-watering sums,
    Helps if your owners write off such sums

    https://swissramble.substack.com/p/millwall-finances-202122#:~:text=Millwall's%20%C2%A315.6m%20gross,and%20converting%20loans%20into%20equity.

    Are City ready for the championship :eek:
     
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  14. Rogered Tart

    Rogered Tart Regular Starter
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    If Man City can claim to have a higher revenue than Real Madrid then someone is telling porky pies. No point having an investigation as nothing will happen.
     
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  15. AngryGaz

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    Richmond could have sustained it had he not got ideas above himself ........... amazing that one of the greatest days in the clubs history ( the Liverpool win ) was the start of our downfall ........... had we lost that day I doubt we would be in the mess we ended up finding ourselves in
     
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  16. Onside

    Onside Squad Player
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    Transparency will not be in the menu I am afraid.
     
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  17. Tennesseebantam

    Tennesseebantam Important Player
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    I could see Man City becoming a phoenix club and being set up as a Green Bay Packers type thing.
     
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  18. Tony Wilkinson

    Tony Wilkinson Squad Player
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    Gonna be interesting whatever....let's go for Chelsea and Newcastle next .. ?
     
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  19. Kevin1954

    Kevin1954 Squad Player
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    Chelsea were sussed then it all when quiet when the Russians invaded. Money laundering at its finest?
     
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  20. Rogered Tart

    Rogered Tart Regular Starter
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    It needs investigation Dennis because City are not a global brand like the top clubs. Yes they may own other clubs with their umbrella but there is no way Man City are bigger than giants like Real and Man United. Just seems rules are there to be circumnavigated.
     
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