Sheffield Wednesday on the brink… | Enter administration (p30)

PSR means that we are being railroaded into selling Isak to Liverpool because we aren’t allowed to pay him £300k a week, at the same time as Sheffield Wednesday are on the brink of going bust, and Morecambe won’t exist come this time next week.
 
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Commercially, you are correct in applauding the fact that most of the 92 clubs from a century ago, are "still trading".
But, football (or any sport that has a large number of match going attendees) is different to "other businesses that go bust all the time".
Usually, a business goes bust because of bad management or the consumer going elsewhere.
Wednesday probably have 35,000 plus fans that want to continue supporting the club and attending matches at Hillsborough.
Surely, these fans should not be punished by the EFL because the owner is an emotional and egotistical idiot ?
This new Football Regulator, heralded in by the Government, has an immediate chance to make an impact.
Hopefully, fans of SWFC, Morecambe, Reading and others, will continue to get the chance to support and watch their fantastic, long-standing football clubs...
It is exactly the same, football or any sports club, isn't 'different'......an example, Woolworths had ridiculously more than 35,000 people who shopped there, and 'supported' those businesses.......yet those customers were eventually punished, by the companies closure. The ONLY minor difference is the attached emotion, but no doubt there were plenty of Ethyl's and Doris's who felt the same.
 
I think I was only around six or seven years old and i just happened to glance at the telly one day as i was about to go outside and hang around with my friends ..... my dad was busy in his armchair, as usual, making his horse racing bets out, and wasn't really paying any attention to the football match that he'd put on tv, but Sheffield Wednesday were playing Blackburn Rovers, and for some strange reason i stuck with it and watched the entire game ..... it was the very FIRST time that i remember getting interested in, or watching ANY football match, and it could simply have been Sheffield Wednesdays name that i liked, or sparked my interest ... it was very unusual to have a day of the week mentioned in a football clubs name, yet the name just 'flowed' from the lips, as though the two words were always meant to be together ..... this was 61 years ago now, but I started taking notice of football and Sheffield Wednesday that day.

So, even though i've been a City fan since the day I first went to watch them in the late 60s, Sheffield Wednesday will always mean something to me .... I've enjoyed going to Hillsborough whenever we've played them ... I've met a few Wednesday fans over the years, mainly in pubs or through work, and they've always been sound lads, they are dedicated and proud supporters, and both they and i don't like seeing their great club in this mess ... I really hope things improve there, even though they may need new owners or big investment to achieve it.
 
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I think I was only around six or seven years old and i just happened to glance at the telly one day as i was about to go outside and hang around with my friends ..... my dad was busy in his armchair, as usual, making his horse racing bets out, and wasn't really paying any attention to the football match that he'd put on tv, but Sheffield Wednesday were playing Blackburn Rovers, and for some strange reason i stuck with it and watched the entire game ..... it was the very FIRST time that i remember getting interested in, or watching ANY football match, and it could simply have been Sheffield Wednesdays name that i liked, or sparked my interest ... it was very unusual to have a day of the week mentioned in a football clubs name, yet the name just 'flowed' from the lips, as though the two words were always meant to be together ..... this was 61 years ago now, but I started taking notice of football and Sheffield Wednesday that day.

So, even though i've been a City fan since the day I first went to watch them in the late 60s, Sheffield Wednesday will always mean something to me .... I've enjoyed going to Hillsborough whenever we've played them ... I've met a few Wednesday fans over the years, mainly in pubs or through work, and they've always been sound lads, they are dedicated and proud supporters, and both they and I really don't like seeing their great club in this mess ... I really hope things improve there, even though they may need new owners or big investment to achieve it.
Great post. Funny what sparks people’s interests. I remember watching the Sunderland v Norwich Milk Cup final and asking my Dad, when one of the teams brought a substitute on, how did they pick him out of all them people in the stands.

Always had a soft spot for Wednesday and hope this mess can be sorted out as soon as possible.
 
Great post. Funny what sparks people’s interests. I remember watching the Sunderland v Norwich Milk Cup final and asking my Dad, when one of the teams brought a substitute on, how did they pick him out of all them people in the stands.

Always had a soft spot for Wednesday and hope this mess can be sorted out as soon as possible.
Lol .... my first wife didn't have a clue about football and asked me who the 'team in black' were at the FA cup final as the two teams and referee/ and Linesmen strode out onto the Wembley pitch! When I told her it was the match officials she didn't know where to put her face, and scarpered off back into the Kitchen!

Yeah, let's hope Wednesdays luck improves, it's not right to lose any club, and especially a club with their long history.
 
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Lol .... my first wife didn't have a clue about football and asked me who the 'team in black' were at the FA cup final as the two teams and referee/ and Linesmen strode out onto the Wembley pitch! When I told her it was the match officials she didn't know where to put her face, and scarpered off back into the Kitchen!

Yeah, let's hope Wednesdays luck improves, it's not right to lose any club, and especially a club with their long history.
Took my granddaughter to her first game aged 8- City v. Bournemouth 2017 and randomly during the first half asked “who is the black man?”
“You mean the man with the ball? That’s Leroy Sane” I replied.
“No, the one on the middle on his own”
“Oh you mean the referee?”
“What’s a referee?”
“Well when you play netball at school, don’t you have a referee blowing a whistle?”
“No, we just have a teacher….”
 
It is exactly the same, football or any sports club, isn't 'different'......an example, Woolworths had ridiculously more than 35,000 people who shopped there, and 'supported' those businesses.......yet those customers were eventually punished, by the companies closure. The ONLY minor difference is the attached emotion, but no doubt there were plenty of Ethyl's and Doris's who felt the same.
Completely disagree.
Would you travel thousands of miles, spending loads of money, for over 45 years - just to get some "Pick & Mix" at Woolies ?
Perhaps Ethel & Doris had millions of overseas mates who bought Woolies merchandise as well ?
Did Woolies ever have a warehouse worker nicknamed FFS Mahrez ?
 
Completely disagree.
Would you travel thousands of miles, spending loads of money, for over 45 years - just to get some "Pick & Mix" at Woolies ?
Perhaps Ethel & Doris had millions of overseas mates who bought Woolies merchandise as well ?
Did Woolies ever have a warehouse worker nicknamed FFS Mahrez ?
I agree with much of that, but we can't have football clubs being emotional support/distress mechanisms when it suits us, and businesses on other occasions.
The only way forward is for the EFL and PL to produce rules insisting clubs are audited on a regular basis and action is taken against owners (not the clubs or teams) if players and other creditors are not paid in a timely manner.
All owners should be required to provide viable business plans before taking over, and proof of funds to continue trading for at least 12 months. Where clubs don't own their grounds they should be compelled to prove continued access to the ground for a minimum of twelve months and possibly longer if no alternative venues are available within a reasonable distance.
 
Completely disagree.
Would you travel thousands of miles, spending loads of money, for over 45 years - just to get some "Pick & Mix" at Woolies ?
Perhaps Ethel & Doris had millions of overseas mates who bought Woolies merchandise as well ?
Did Woolies ever have a warehouse worker nicknamed FFS Mahrez ?
No, but if I did, it wouldn't make any difference to the company whatsoever. That would simply be my 'emotional connection' .....like 99.9% of fans, you probably think and say "football is a business" but then (like you have) argue the complete opposite.
There are lots of businesses, that some customers spend extortionately more on, than a few £thousand watching some blokes kick a bag of wind about.
......I would hazard a guess that all warehouses have several employees nicknamed FFS, and alot with even less of a complimentary nickname ;)
 
Took my granddaughter to her first game aged 8- City v. Bournemouth 2017 and randomly during the first half asked “who is the black man?”
“You mean the man with the ball? That’s Leroy Sane” I replied.
“No, the one on the middle on his own”
“Oh you mean the referee?”
“What’s a referee?”
“Well when you play netball at school, don’t you have a referee blowing a whistle?”
“No, we just have a teacher….”

Lol, the innocence of children eh ....
 
I agree with much of that, but we can't have football clubs being emotional support/distress mechanisms when it suits us, and businesses on other occasions.
The only way forward is for the EFL and PL to produce rules insisting clubs are audited on a regular basis and action is taken against owners (not the clubs or teams) if players and other creditors are not paid in a timely manner.
All owners should be required to provide viable business plans before taking over, and proof of funds to continue trading for at least 12 months. Where clubs don't own their grounds they should be compelled to prove continued access to the ground for a minimum of twelve months and possibly longer if no alternative venues are available within a reasonable distance.
Proof of funds is nonsense, the clubs are limited companies, the owners are not liable to invest out of their own pockets.
The clubs are 'allowed' to spend a percentage of income on players/wages and anything else they have to either 'save' for, or attract investment/sponsorship for......our owner, like others, has invested his own money, but only out of choice, he had and has no obligation to do so. All business plans look good on paper....but plenty fail miserably in reality.
 
Proof of funds is nonsense, the clubs are limited companies, the owners are not liable to invest out of their own pockets.
The clubs are 'allowed' to spend a percentage of income on players/wages and anything else they have to either 'save' for, or attract investment/sponsorship for......our owner, like others, has invested his own money, but only out of choice, he had and has no obligation to do so. All business plans look good on paper....but plenty fail miserably in reality.
Your argument is summed up in your last sentence.
What customers (not shareholders, obviously) really give a toss when a company fails miserably ?
Your example of Woolworths disappearing off the high street, is regularly being replicated, because consumers are not going to the high street in anywhere near the same numbers.
Football attendances are still increasing because there are new fans who love the game.
Unfortunately, some football club owners are seeming to take great enjoyment out of angering their loyal supporters.
I really sympathise for SWFC & Morecambe fans, but never felt much sorrow for customers of Safeway when they disappeared...
 
How are they going to get a team on the pitch if players keep leaving? Just reading they are down to 16 players now with others rumoured to be going.
They are currently under a transfer ban, and unable to loan anyone either, doesn't look good at all if I've read it all correctly.
Does chansiri own the stadium? As has happened elsewhere, is he running it down to sell the stadium?
 
Proof of funds is nonsense, the clubs are limited companies, the owners are not liable to invest out of their own pockets.
The clubs are 'allowed' to spend a percentage of income on players/wages and anything else they have to either 'save' for, or attract investment/sponsorship for......our owner, like others, has invested his own money, but only out of choice, he had and has no obligation to do so. All business plans look good on paper....but plenty fail miserably in reality.
Sorry for suggesting something nonsensical, I do apologise.
But surely proof of financial viability isn't asking too much if it helps maintain the integrity of the league. The high street doesn't have a league table as far as I'm aware.
 

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