Se20
Banned
- Oct 3, 2012
- 3,981
My point about Palace is that theirs is not a sustainable model, meaning that if they go down (and the fact I think they will at some point is irrelevant - maybe they will emulate Arsenal and never drop out of the top flight again, albeit I somehow doubt it) it will hit them very hard.
Where did I predict they will go down soon? I am certainly not 'clutching at straws' about Palace going down soon (couldn't care less about them actually), I was using them as an exemplar of how to do things a different way to Bloom's Albion. In my view theirs is a bad way, and I prefer the way Bloom operates to the way Disney operates. I'm sure our resident football finance expert would agree.
Edit calling [MENTION=31]El Presidente[/MENTION]
An interesting view of sustainability I must say.
Brighton have the 6th largest net spend in EUROPE since 2017/18, just behind PSG,Barcelona,AC Milan, and the Manchester clubs.
Brighton fans bang on about our massive bill ( £108 mill on last accounts) but yours has now reached £100 mill, so that can be put to bed.
CPFC have no debt, and have taken a concious effort in the last few windows to not spend big amounts.
If Brighton do fall through the trap door, will Bloom still keep throwing 100’s of millions at it, or will he say enough is enough?
Time will tell.