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Article: Money, Money, Money, it's a rich mans game
- Thread starter El Presidente
- Start date
KZNSeagull
Well-known member
A fine article.
So at 99m just to turn up when this kicks in, without the international rights figures, there is no need for parachute payments anymore! Ha, yeah right.
Something has to give at some point - what happens if Sky viewership goes down if they hike the prices? Can Sky cover this cost without hiking prices? How will pubs be affected - I understand a licence to show Sky is currently 1500 quid a month, so goodness knows what that may be hiked up to?
Is this collective 200m loss going up or down? It should be wiped out at a stroke with this new deal but I bet it won't be and it will just get worse.
Crazy times. I understand your point about vanity (on the Roar), but not all clubs are there as a plaything for their rich owners, surely? We have an extremely generous benefactor but he has a limit to his generosity and I am sure many other clubs do to. Surely, this time, the clubs must do something about their business models and actually try to break even at least? Do you foresee this whole scenario going tits up at some point (No, not on Al Jizzera)? To me it seems like an extreme version of the property market booms which left a lot of people in the doo doo.
So at 99m just to turn up when this kicks in, without the international rights figures, there is no need for parachute payments anymore! Ha, yeah right.
Something has to give at some point - what happens if Sky viewership goes down if they hike the prices? Can Sky cover this cost without hiking prices? How will pubs be affected - I understand a licence to show Sky is currently 1500 quid a month, so goodness knows what that may be hiked up to?
Is this collective 200m loss going up or down? It should be wiped out at a stroke with this new deal but I bet it won't be and it will just get worse.
Crazy times. I understand your point about vanity (on the Roar), but not all clubs are there as a plaything for their rich owners, surely? We have an extremely generous benefactor but he has a limit to his generosity and I am sure many other clubs do to. Surely, this time, the clubs must do something about their business models and actually try to break even at least? Do you foresee this whole scenario going tits up at some point (No, not on Al Jizzera)? To me it seems like an extreme version of the property market booms which left a lot of people in the doo doo.
KZNSeagull
Well-known member
@El_Presidente
I see that from the 2014 figures, only 3 existing PL teams made a loss during that period - Man City, Aston Villa and Sunderland. This was due to the new FFP rules (the 105m loss over 3 seasons) which including capping wages spent at 52m quid per season per club. A few questions if I may:
1. I understand that the 52m cap was just 52m of TV revenue money and that anything earned beyond that from tickets etc was not part of the capping. Is that correct?
2. Under the new TV deal, have these limits been raised?
3. Having slagged off clubs for not getting their financial house in order and been rather sceptical of FFP, I was pleasantly surprised to see these figures. If they do not raise the salary caps substantially under the new deal, this appears to be having a quite dramatic effect already on football finance and perhaps sustainability is finally something that clubs actually do want to achieve afterall. Any thoughts?
I see that from the 2014 figures, only 3 existing PL teams made a loss during that period - Man City, Aston Villa and Sunderland. This was due to the new FFP rules (the 105m loss over 3 seasons) which including capping wages spent at 52m quid per season per club. A few questions if I may:
1. I understand that the 52m cap was just 52m of TV revenue money and that anything earned beyond that from tickets etc was not part of the capping. Is that correct?
2. Under the new TV deal, have these limits been raised?
3. Having slagged off clubs for not getting their financial house in order and been rather sceptical of FFP, I was pleasantly surprised to see these figures. If they do not raise the salary caps substantially under the new deal, this appears to be having a quite dramatic effect already on football finance and perhaps sustainability is finally something that clubs actually do want to achieve afterall. Any thoughts?