lincs seagull
New member
I was reading the premiershite article in the obsever yesterday and christ there are a lot of clubs in all kinds of debt.
Out of the 27 teams relegated from the prem only 3 have avoided administration
Man city owe 60+ if they get relegated they will go bust that is from the chaiman
Derby 30 million and have morgaged there ground
forest 15 million in debt
sheff wed 27 million in debt
coventry 25 million in debt
leeds 30 million in debt
mk dons 4 million in debt
bolton around 50 million
ipswich 25 million
plus the other prem teams which have not announced the full extent of there debts
we think we have problems but what really gets me espically the the non prem sides is that still can spend money to buy players and carry on regardless while we are penny pinching and watching what we are doing
i think we are right buy what we have done but surley this cant go on A quote from the paper said that in 20 years there will be several clubs gone out of exsitance and not the small names.
sad that only five clubs get 50% of all the football money.
Out of the 27 teams relegated from the prem only 3 have avoided administration
Man city owe 60+ if they get relegated they will go bust that is from the chaiman
Derby 30 million and have morgaged there ground
forest 15 million in debt
sheff wed 27 million in debt
coventry 25 million in debt
leeds 30 million in debt
mk dons 4 million in debt
bolton around 50 million
ipswich 25 million
plus the other prem teams which have not announced the full extent of there debts
we think we have problems but what really gets me espically the the non prem sides is that still can spend money to buy players and carry on regardless while we are penny pinching and watching what we are doing
i think we are right buy what we have done but surley this cant go on A quote from the paper said that in 20 years there will be several clubs gone out of exsitance and not the small names.
sad that only five clubs get 50% of all the football money.