Return of the Rev
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- #21
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If we cannot make a profit at the amex what are the long term options?
- Thread starter Return of the Rev
- Start date
Ha Ha! No need! That was so funny it's killing me! Stop it!All those with under 1,000 posts go first
Guy Fawkes
The voice of treason
- Sep 29, 2007
- 8,232
With higher transfer fees, higher wage demands, etc... Why would we even break even in the Premier League? how many current Premier League teams actually break even or even make a profit?
if relegated after promotion to the PL, would we continue to lose money even with parachute payments (look at Wolves, Bolton, etc)
What long term options would we have outside the prem? Can anyone see the amex getting redeveloped for the uni and the Albion relocated to a sustainable stadia? Ground share at an upgraded enclosed ground possibly?Or can we hope to have a benefactor keeping us afloat for many years to come. The other option is making the stadia break even can this be done? I feel its a catch 22 with a lower player budget comes lower crowds surely.
A number of other clubs struggled financially to balance the books after moving into their new stadium, (Millwall, Midddlesbrough, Coventry, Darlingotn, etc) some went bust and had to go through admin, others were financed by the owners and others had to reduce their outgoings to try to balance the books.
Given our recent history, why would we want to be reliant on one person (Bloom) to continue to fund our losses. What happens if we lose him for whatever reason? With the level of debt the club has, would we even be able to find a buyer? So why would we want to push the club deeper into debt to chase Premier League football just because the fans demand it (even with no guarentee that the extra cash thrown at the attempt to get promotion will work anyway)
Why can't some fans accept the club for what it is (Championship club with occasional trips to the top flight / league 1) and not what they think it should be because of the Amex (established Premier League team) and that Premier League football is essential to our survival.
Expectations need to be reduced, but when they are starting to realise they need to do this, they see it as a major problem with the club, doom and gloom, etc.... fearing a loss in crowd size, income and therefore a downward spiral to obscurity.
Forget FFP, fans have latched onto this and using this to explain what they see as the clubs failings, even without it, the club may have decided to tighten it's belt, to cut costs and change suppliers, seeking the best deals as they have been now. Why should the club continue to be run at a bigger loss than Bloom and co are willing or happy to pay long term? Why shouldn't they be able to cut losses if it's in our best inetrest for the long term future of the club?
I think the fact that only one or two clubs in the Championship were close to actually making any money, and that only one club in the PL (Arsenal) continue to make profit is testament to the fact that football now already finds itself in the "never/never" land of financial management. This bubble will continually sustain itself, until, over time, gradual erosion of the lower leagues capability to sustain themselves will finally see sufficient destruction of the integrity of football in England that the Premier League will be unable to keep itself afloat.
It's interesting to see how many clubs have died in the past few years in comparison to previous years. This will not get any better.
http://en.wikipedia.org/wiki/Administration_(British_football)
With reduced gates, increased player wages, and less money filtering in from TV deals, it can only go one way.
I don't have any answers for how Brighton can sustain the £8m-£12m losses year on year (if that's how Tony wants to run the club), but it doesn't seem right.
It's interesting to see how many clubs have died in the past few years in comparison to previous years. This will not get any better.
http://en.wikipedia.org/wiki/Administration_(British_football)
With reduced gates, increased player wages, and less money filtering in from TV deals, it can only go one way.
I don't have any answers for how Brighton can sustain the £8m-£12m losses year on year (if that's how Tony wants to run the club), but it doesn't seem right.
GT49er
Well-known member
Justice
Dangerous Idiot
Maybe the losses suit TB to offset tax payments somewhere along the line.
spring hall convert
Well-known member
How many football league clubs turn a profit regularly then?
Surrey Phil
Well-known member
- Aug 3, 2010
- 1,477
I would be a major downer if the club went bust but 1. There's not too much you could do about it. 2. It does not help to worry all the time. 3 People have more important things even that the club, to worry about.Eer - reduce the size of the playing squad and wages paid to players (if we had to)!!
GT49er
Well-known member
Not many (if any) I think - but that's the point, isn't it? How long can they (or we) continue haemorrhaging £millions year after year after year? Ultimately, it's unsustainable.
Mackenzie
Old Brightonian
Replace the overpaid stars with cheap academy products.....repeat the process every few years. Local lads playing for the team, wages lowered, sustainable future.......just need to keep producing decent players.
Easy.
Easy.
Return of the Rev
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- Thread starter
- #32
Replace the overpaid stars with cheap academy products.....repeat the process every few years. Local lads playing for the team, wages lowered, sustainable future.......just need to keep producing decent players.
Easy.
The thing is the academy will not save on wages it will just give us an opportunity to nick players further down the food chain who will want a decent whack to make the move,if the alleged cost of the academy is 4 million per year its gonna take a while to save us money. And i'm afraid they won't be local lads either
Pretty pink fairy
Banned
- Jan 30, 2008
- 31,981
seagullsovergrimsby
#cpfctinpotclub
Build a hotel next to the stadium ?
It is funny (i.e. worrying and sad) that when we were at the planning/fighting stage for 'Falmer' there were figures banded around of the club needing anywhere between 12,000 -16,000 tickets sold per match to break even. Now look at the state of football. Even if we sell the Amex out every week we still apparently lose millions a year. The current options are we keep relying on a sugar daddy to cover the losses, or we get (and pay) only the players we can afford and suffer the consequences in terms of league position.
Tom Hark Preston Park
Will Post For Cash
- Jul 6, 2003
- 70,476
It's a bubble, exactly the same as a housing bubble. Its unsustainable, pure and simple, and sooner or later will result in a major 'correction'. And yes a load of highly qualified people will huff and puff and tell you that will never happen. But the Masters Of The Universe said that about the global economy pre-2008. And they were equally full of shit.
Return of the Rev
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- Thread starter
- #38
We left so we could have a community stadium which is used 7 days a week and produces income that withdean couldn't
Return of the Rev
Well-known member
- Thread starter
- #40
A least an extra 2-3 million losses in ticket sales plus add on the cost of running the academy could be pushing 20 million next season.
