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Football after covid19.

Of course it all depends how long it lasts, and will there be a second wave. But I think there will be half a dozen clubs going bankrupt by August, though not PL clubs.

But if it goes on much longer they will get dragged into the mire. I don't read any of the financial reports so I don't know who is in danger, or who are owned by oligarchs.
I would guess West Ham, Burnley, maybe Spurs.
What do we think? Are PL clubs vulnerable? If so which?

posted on 23/4/20

I have just self-immunised. Bearing in mind where all this virus business started I have just eaten a king prawn curry takeaway from the local Chinese restaurant. I should be safe now if the e-coli doesn't get me.

posted on 23/4/20

Don't think negative oil prices will help Sheikh Mansour?

posted on 23/4/20

"maybe Spurs"

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Mate, whilst I know we are the tightest of tight, I can promise you that we are not going to be in any more danger than any of the other top clubs in the country.

posted on 23/4/20

comment by Bake 'em away toys (U7303)
posted 22 minutes ago
"maybe Spurs"

----

Mate, whilst I know we are the tightest of tight, I can promise you that we are not going to be in any more danger than any of the other top clubs in the country.
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As I said I don't know anything about club finances. I said perhaps Spurs because I guess they still owe money on the stadium, and have a hefty wage bill.

posted on 23/4/20

Goal nets will definitely need to have much smaller holes in them.

And social distancing should mean far fewer VAR controversies.

posted on 23/4/20

Spurs are probably the club best suited to managing this crisis, we have the tightest owners, easily manageable stadium repayments, record revenues, record profits, the lowest wage to turnover ratio in the PL and a history of breaking even in the transfer market.

The clubs at risk will be those with the highest wage to turnover ratios and those with a history of high transfer net spends.

posted on 23/4/20

comment by ● Billy The Yidd ● (U3924)
posted 2 minutes ago
Spurs are probably the club best suited to managing this crisis, we have the tightest owners, easily manageable stadium repayments, record revenues, record profits, the lowest wage to turnover ratio in the PL and a history of breaking even in the transfer market.

The clubs at risk will be those with the highest wage to turnover ratios and those with a history of high transfer net spends.
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Well that's probably us, but I don't see us going under. You haven't got any revenue or profit at the moment bear in mind. But you will know more about Spurs than I do.

comment by Melt (U22362)

posted on 23/4/20

Tbf if you did know about finances you would realise that Spurs just posted that they had the highest (by a long way) profit before tax for the 18/19 season.

The fourth highest profit before tax in PL history (highest is spurs in 17/18 season).

posted on 24/4/20

comment by Stay Safe (U1250)
posted 10 hours, 32 minutes ago
City are least hit, they were out of the CL next season any way and the 3 people showing up to watch home games wont make a difference either. They will be fine.
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They’ve been practising social distancing for years

posted on 24/4/20

OP

Spurs are just about the financially best run club in the world. They will be the last to hit the buffers re finances. They are the perfect model of how a club should be run on the financial side.

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