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comment by Melt (U22362)
posted 2 minutes ago
The Swiss ramble thread is good.

I don’t think clubs would be financially racked though as even if they have to pay off the difference they can easily subsidise any consolidated debt and carry it through into further tax years. I’m sure FFP will be void for a couple of years subsequently.
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I think a few will be definitely close to it mate. Bigger clubs will be okay but smaller clubs will be struggling having lost tv money and revenue plus paying ST back or losing a percentage of the next seasons.

I think it’ll take a few years for football to get back to normal.

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I had Peep Show on the other day. Love it. Gunny

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comment by MKspur ツ (U9129)
posted 2 minutes ago
comment by Melt (U22362)
posted 2 minutes ago
The Swiss ramble thread is good.

I don’t think clubs would be financially racked though as even if they have to pay off the difference they can easily subsidise any consolidated debt and carry it through into further tax years. I’m sure FFP will be void for a couple of years subsequently.
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I think a few will be definitely close to it mate. Bigger clubs will be okay but smaller clubs will be struggling having lost tv money and revenue plus paying ST back or losing a percentage of the next seasons.

I think it’ll take a few years for football to get back to normal.
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They can always finance it and offset it through debt though, PL clubs have such a guaranteed revenue stream that they can guarantee large loans with low interest rates.

Obviously unless they do a Leeds and drop into league 2 they should be able to float any short term financial hit. Bournemouth may be at a risk if league performances take a hit, but a club like Everton will be fine.

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Yea big clubs will be okay as there owners will pay it and take the FFP hit if needed but I don’t see banks taking on big debt from the likes of Bournemouth who are already losing 10s of millions before this.

They could obviously offset this by selling assets like Ake etc

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comment by MKspur ツ (U9129)
posted 1 minute ago
Yea big clubs will be okay as there owners will pay it and take the FFP hit if needed but I don’t see banks taking on big debt from the likes of Bournemouth who are already losing 10s of millions before this.

They could obviously offset this by selling assets like Ake etc
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Bournemouth had already set up a model where they took loans against all future guaranteed money through sold depreciating assets. I think they will be fine due to the vast amount of money at hand. £131m in revenue in 17/18 alone.

comment by Melt (U22362)
posted less than a minute ago
comment by MKspur ツ (U9129)
posted 1 minute ago
Yea big clubs will be okay as there owners will pay it and take the FFP hit if needed but I don’t see banks taking on big debt from the likes of Bournemouth who are already losing 10s of millions before this.

They could obviously offset this by selling assets like Ake etc
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Bournemouth had already set up a model where they took loans against all future guaranteed money through sold depreciating assets. I think they will be fine due to the vast amount of money at hand. £131m in revenue in 17/18 alone.
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It's a good point. Debt isn't a problem as long as you can service it. Look at United and the Glazers.

We now have £658m in debt, which will far exceed anything Bournemouth needs to finance lost earnings. Debt just doesn’t really affect PL clubs especially long term ones.

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Getting into the dub reggae tracks. Friday vibes

comment by Melt (U22362)
posted 4 minutes ago
comment by MKspur ツ (U9129)
posted 1 minute ago
Yea big clubs will be okay as there owners will pay it and take the FFP hit if needed but I don’t see banks taking on big debt from the likes of Bournemouth who are already losing 10s of millions before this.

They could obviously offset this by selling assets like Ake etc
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Bournemouth had already set up a model where they took loans against all future guaranteed money through sold depreciating assets. I think they will be fine due to the vast amount of money at hand. £131m in revenue in 17/18 alone.
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£131m revenue but a wage bill of £111m is 85% of guaranteed money gone with only £15m revenue coming from commercial and tickets they are heavily reliant on tv money.

If they lose a portion of tv money for this or next season they’ll have to sell to make the difference.

I am

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comment by Melt (U22362)
posted 4 minutes ago
We now have £658m in debt, which will far exceed anything Bournemouth needs to finance lost earnings. Debt just doesn’t really affect PL clubs especially long term ones.
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That debt though is all long term with small interest rates

Bournemouth will be short term high interest loans.

I don’t think PL clubs are in much danger now but this goes 3 or 4 months and lose tv revenue a few will be panicking

comment by Zachsda(change our mindset, treat this serious... (U1850)
posted about a minute ago
comment by Bales (U22081)
posted 51 seconds ago
Getting into the dub reggae tracks. Friday vibes
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Enjoy
I have it on shuffle so there’s all fookin sorts was not was/ country/orange tunes and rebel tunes/funk/ anything really
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Sounds good man. Link me up if there's anything new that takes your fancy.

comment by MKspur ツ (U9129)
posted 4 seconds ago
comment by Melt (U22362)
posted 4 minutes ago
comment by MKspur ツ (U9129)
posted 1 minute ago
Yea big clubs will be okay as there owners will pay it and take the FFP hit if needed but I don’t see banks taking on big debt from the likes of Bournemouth who are already losing 10s of millions before this.

They could obviously offset this by selling assets like Ake etc
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Bournemouth had already set up a model where they took loans against all future guaranteed money through sold depreciating assets. I think they will be fine due to the vast amount of money at hand. £131m in revenue in 17/18 alone.
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£131m revenue but a wage bill of £111m is 85% of guaranteed money gone with only £15m revenue coming from commercial and tickets they are heavily reliant on tv money.

If they lose a portion of tv money for this or next season they’ll have to sell to make the difference.
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But the point is they can just take loans out against the club and shift any short term revenue issues

comment by MKspur ツ (U9129)
posted 4 minutes ago
comment by Melt (U22362)
posted 4 minutes ago
We now have £658m in debt, which will far exceed anything Bournemouth needs to finance lost earnings. Debt just doesn’t really affect PL clubs especially long term ones.
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That debt though is all long term with small interest rates

Bournemouth will be short term high interest loans.

I don’t think PL clubs are in much danger now but this goes 3 or 4 months and lose tv revenue a few will be panicking
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Why would it be high interest?

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