Spending curb on bankrolled clubs !!!

E E

EssexYid

Well-Known Member
Joined
9 Nov 2008
Messages
167
I don't know if you have seen this article, but I have just posted it as it concerns Manchester City.


See link below .........


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/article7078254.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 078254.ece</a>
 
No need to worry as there is no limit on youth which we will be concentrating on by the time this comes into fruition and also we won't be going through big spending sprees as we have done previously...
 
Not this again FFS. It's unworkable!

Ok so they ban us from European competitions - I'd settle for winning the premier league every year with no distractions.

Wouldn't be much of a champions league if the English Champions were barred from it - that would fuck up alot of sponsorship.
 
Bullcrap - In European cup games maybe, but not league (that's under our F.A's control and we all know they're fat cats so nowt will change there)
 
F off back to your Spurs forum OP.

This is nothing new, this was known months ago. We've got till 2015 to be running on what we earn. No problem.
 
EssexYid said:
I don't know if you have seen this article, but I have just posted it as it concerns Manchester City.


See link below .........


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/article7078254.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 078254.ece</a>
Click to expand...


And why doesn't this concern Spurs?.... how have Tottenham been able to purchase so many costly Players over the last few years?.... it certainly isn't from income generated on a matchday or from Sky money, would it have something to do with your major shareholder Joe Lewis at ENIC?

City are doing nothing different to Spurs, it is just that Sheikh Mansour is far richer than Joe Lewis and ENIC. Also, you will see in time that City's Owner is investing in Manchester, not just in City, but The Press and Media don't appear to want to report this, they just want to report how bad City are for football which is all bollocks. The money City have paid in transfers is money that has gone back into football at a time of World Recession. It is up to the other Clubs and thier Owners what they want to do with that money.

So before you are next in the Pub with your mates discussing Manchester City, have a look closely at certain Threads on this Forum-

<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=164784" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=164784</a>

<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168799" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168799</a>

It is ture, Manchester City are good for football and for economic regeneration......We do not proclaim to be the best football team yet, but the future is bright for City, regardless of whether or not we make 4th. City have no worries at all about the future or what Platini has to say, he isn't an astute Businessman like Shiekh Mansour or for that matter, your Joe Lewis, he is just a jealous Frenchman who hates England and hates to see the success of The Premiership.
 
Sheikh Rattle n Roll said:
EssexYid said:
I don't know if you have seen this article, but I have just posted it as it concerns Manchester City.


See link below .........


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/article7078254.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 078254.ece</a>
Click to expand...


And why doesn't this concern Spurs?.... how have Tottenham been able to purchase so many costly Players over the last few years?.... it certainly isn't from income generated on a matchday or from Sky money, would it have something to do with your major shareholder Joe Lewis at ENIC?

City are doing nothing different to Spurs, it is just that Sheikh Mansour is far richer than Joe Lewis and ENIC. Also, you will see in time that City's Owner is investing in Manchester, not just in City, but The Press and Media don't appear to want to report this, they just want to report how bad City are for football which is all bollocks. The money City have paid in transfers is money that has gone back into football at a time of World Recession. It is up to the other Clubs and thier Owners what they want to do with that money.

So before you are next in the Pub with your mates discussing Manchester City, have a look closely at certain Threads on this Forum-

<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=164784" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=164784</a>

<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168799" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168799</a>

It is ture, Manchester City are good for football and for economic regeneration......We do not proclaim to be the best football team yet, but the future is bright for City, regardless of whether or not we make 4th. City have no worries at all about the future or what Platini has to say, he isn't an astute Businessman like Shiekh Mansour or for that matter, your Joe Lewis, he is just a jealous Frenchman who hates England and hates to see the success of The Premiership.
Click to expand...


You are actually totally wrong about Spurs we are not being bankrolled at all by Joe Lewis, Spurs are a listed PLC so our books are open to public examination, we are a very well run club with a low wages to turnover ratio of just 46% which is the key to a solvent business.

Spurs recently spent £150m on players in just 16 months, but the last year end results showed that Spurs had made record profits of £33.4m
 
cookster said:
Not this again FFS. It's unworkable!

Ok so they ban us from European competitions - I'd settle for winning the premier league every year with no distractions.

Wouldn't be much of a champions league if the English Champions were barred from it - that would fuck up alot of sponsorship.
Click to expand...

And Barcelona and Real Madrid that are financed by the Spanish Government. Oh and Bolton who are bankrolled enough to maintain their Premier League status for the last 10 years.
 
Oh fuck off, Uefa, 'cos it's getting very repetitive and very boring. It's a Twattini pipe dream.
 
EssexYid said:
I don't know if you have seen this article, but I have just posted it as it concerns Manchester City.


See link below .........


<a class="postlink" href="http://www.timesonline.co.uk/tol/sport/football/article7078254.ece" onclick="window.open(this.href);return false;">http://www.timesonline.co.uk/tol/sport/ ... 078254.ece</a>
Click to expand...


with all the money the two clubs have pumped into the game i find it amusing to think that the governing body would kill the golden geese.

its not going to happen
 
EssexYid said:
Sheikh Rattle n Roll said:
And why doesn't this concern Spurs?.... how have Tottenham been able to purchase so many costly Players over the last few years?.... it certainly isn't from income generated on a matchday or from Sky money, would it have something to do with your major shareholder Joe Lewis at ENIC?

City are doing nothing different to Spurs, it is just that Sheikh Mansour is far richer than Joe Lewis and ENIC. Also, you will see in time that City's Owner is investing in Manchester, not just in City, but The Press and Media don't appear to want to report this, they just want to report how bad City are for football which is all bollocks. The money City have paid in transfers is money that has gone back into football at a time of World Recession. It is up to the other Clubs and thier Owners what they want to do with that money.

So before you are next in the Pub with your mates discussing Manchester City, have a look closely at certain Threads on this Forum-

<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=164784" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=164784</a>

<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168799" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168799</a>

It is ture, Manchester City are good for football and for economic regeneration......We do not proclaim to be the best football team yet, but the future is bright for City, regardless of whether or not we make 4th. City have no worries at all about the future or what Platini has to say, he isn't an astute Businessman like Shiekh Mansour or for that matter, your Joe Lewis, he is just a jealous Frenchman who hates England and hates to see the success of The Premiership.
Click to expand...


You are actually totally wrong about Spurs we are not being bankrolled at all by Joe Lewis, Spurs are a listed PLC so our books are open to public examination, we are a very well run club with a low wages to turnover ratio of just 46% which is the key to a solvent business.

Spurs recently spent £150m on players in just 16 months, but the last year end results showed that Spurs had made record profits of £33.4m
Click to expand...

Doesn't make a blind bit of difference being a PLC, City's books are open for scrutiny, that's how we know we lost £89 million, but our Owner has written that debt off himself personally, you may not like it, but he has. Where did your £150 million come from to buy all your Players on your spending spree?..... Spurs certainly didn't generate that through income from Sky of Ticket Sales???.... Joe Lewis didn't just buy his Shares and then say that's it!
 
Sheikh Rattle n Roll said:
EssexYid said:
You are actually totally wrong about Spurs we are not being bankrolled at all by Joe Lewis, Spurs are a listed PLC so our books are open to public examination, we are a very well run club with a low wages to turnover ratio of just 46% which is the key to a solvent business.

Spurs recently spent £150m on players in just 16 months, but the last year end results showed that Spurs had made record profits of £33.4m
Click to expand...

Doesn't make a blind bit of difference being a PLC, City's books are open for scrutiny, that's how we know we lost £89 million, but our Owner has written that debt off himself personally, you may not like it, but he has. Where did your £150 million come from to buy all your Players on your spending spree?..... Spurs certainly didn't generate that through income from Sky of Ticket Sales???.... Joe Lewis didn't just buy his Shares and then say that's it!
Click to expand...


You are in fact totally wrong, Spurs are 100% being run as a self sufficient business and that is a fact, you take a very simplistic view of the situation, for example transfer fees are staggered over a Three or Four year period so the £150m is not paid "up front" also you obviously failed to take into account the fact that Spurs Sold a great deal of players over that period, such as Berbatov, Keane, Malbranque, Chimbonda, Defoe, Robinson, Kaboul and many others.

You are also wrong in stating that it makes "no difference" that Spurs are a PLC it does actually because it shows every penny coming into the clubs accounts and every penny going out of the club accounts as a business, and every incoming or outgoing amount over a certain figure has to be reported to the stock exchange.

You also answered your own argument with the following facts, Manchester City made a LOSS of some £90m last year, that was because your out goings out weighed your clubs incoming annual turnover, hence the fact that your rich owner needed to pump his own money into Manchester City, Spurs despite their spending were still able to make record profits due to the reasons that I stated above.

Also unless he was a complete and utter idiot, why would Joe Lewis pump his own hard earned money into Tottenham Hotspur for the benefit of every other shareholder, when they are not contributing likewise.
 
Spurs are 100% being run as a self sufficient business and that is a fact, you take a very simplistic view of the situation, for example transfer fees are staggered over a Three or Four year period so the £150m is not paid "up front"

Thats not going to be allowed under the new rules though is it ?? : )
 
Lindowman said:
Spurs are 100% being run as a self sufficient business and that is a fact, you take a very simplistic view of the situation, for example transfer fees are staggered over a Three or Four year period so the £150m is not paid "up front"

Thats not going to be allowed under the new rules though is it ?? : )
Click to expand...


Yes of course it is going to be allowed, virtually every club in football operates in that manner with staggered transfer fees including the biggest clubs in the world, it actually helps clubs tax wise and gives them an income which is spread out over Three or Four years.

Why exactly ? would a club like Spurs not be allowed to be run as a profit making business then, you are obviously not grasping the facts or reasons as to why these new constraints are being put in place, which is actually to try to curb clubs such as Chelsea, Real Madrid, and Manchester City from spending more than their clubs generate as a business, whether it will ever work is anyone's guess though.
 
EssexYid said:
Lindowman said:
Spurs are 100% being run as a self sufficient business and that is a fact, you take a very simplistic view of the situation, for example transfer fees are staggered over a Three or Four year period so the £150m is not paid "up front"

Thats not going to be allowed under the new rules though is it ?? : )
Click to expand...


Yes of course it is going to be allowed, virtually every club in football operates in that manner with staggered transfer fees including the biggest clubs in the world, it actually helps clubs tax wise and gives them an income which is spread out over Three or Four years.

Why exactly ? would a club like Spurs not be allowed to be run as a profit making business then, you are obviously not grasping the facts or reasons as to why these new constraints are being put in place, which is actually to try to curb clubs such as Chelsea, Real Madrid, and Manchester City from spending more than their clubs generate as a business, whether it will ever work is anyone's guess though.
Click to expand...

By the time this sees the light of day (if it ever does), the bulk of our spending on players will be done. We will have extended the capacity of Eastlands or built a brand new stadium, and we will probably be playing regular Champions League football. This won't affect us, but will effectively kill the dream of something similar happening elsewhere. It's actually anti-competitive and will effectively enshrine the status quo. I don't see why a rich owner should be prevented from spending his money turning an underachieving club into a real force, whilst relatively successful clubs like Liverpool and United are financed by a mountain of debt. However, from a purely selfish point of view, this doesn't bother me, though I appreciate your concern for our welfare.
 
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