Football Finances

[burnleyinexile]

HMRC are gonna put them into liquidation tomorrow. If it happens I will piss myself after all the shit their supporters have given us.

Cardiff next please.

PR is doing his best on that score.

[Phil LUFC]

HMRC are gonna put them into liquidation tomorrow. If it happens I will piss myself after all the shit their supporters have given us.

Cardiff next please.

They've been waiting 3 years for this, since they tried to take us to court and ran out of time. Will be interested to see how this one goes, if HMRC lose this then CVA's could become the norm again, and if they win they'll end up classified with the footballing debt for 100% repayment again.

[the flying pig]

still, at least some clubs, such as west ham, have been running a tight ship...

http://www.football365.com/story/0,17033,8652_5997962,00.html

[Disco Dan]

still, at least some clubs, such as west ham, have been running a tight ship...

http://www.football365.com/story/0,17033,8652_5997962,00.html

Gosh, if only there'd been an example of a high profile club doing this before that'd resulted in disaster and a plummet down a couple of divisions, then everyone would've seen that spunking all your cash in such a fashion is silly.

[Ponte]

Shamelessly stolen from Waccoe:
Financial services

[sunshine whites]

Wonder where we are? anyone?

http://news.bbc.co.uk/1/hi/business/8541445.stm

Newcastle 20th but not found figure £income yet
WEALTHIEST CLUBS BY REVENUE
1) Real Madrid: 401.4m euros
2) Barcelona: 365.9m euros
3) Man Utd: 327m euros
4) Bayern Munich: 289.5m euros
5) Arsenal: 263m euros
6) Chelsea: 242.3m
7) Liverpool: 217m euros
Juventus: 202.3m euros
9) Inter Milan 196.5m euros
10) AC Milan: 196.5.m euros
Source: Deloitte: 2008/09

[Quiffy]

last year's revenue was about £30m. so extrapolating a little i think we're 11th.

[sunshine whites]

http://news.bbc.co.uk/sport1/hi/footbal ... 557188.stm

Cardiff City face third winding-up order, Cardiff City return to the High Court on Wednesday to face a third winding-up order over £1.75m owed to the taxman. case number 22182 - at the High Court after 1100 GMT on Wednesday

Around 2,000 supporters, carrying banners and a coffin, held a march ahead of Cardiff City's home win over Middlesbrough on Saturday protesting about chairman Peter Ridsdale's running of the club..

[alienbumnote]

Heard on the radio this morning if Pompey win (or play Chelsea in the final) of the FA cup they won't get to play in Europa League as they couldn't afford to pay the European club registration!!!

False economy.

[Mustafaster]

Heard on the radio this morning if Pompey win (or play Chelsea in the final) of the FA cup they won't get to play in Europa League as they couldn't afford to pay the European club registration!!!

False economy.

Not really. The Europa League is only profitable for the winner, generally.

[SimonB]

I beleive Chester & Southend are also in the courts today facing winding up orders

[alienbumnote]

Heard on the radio this morning if Pompey win (or play Chelsea in the final) of the FA cup they won't get to play in Europa League as they couldn't afford to pay the European club registration!!!

False economy.

Not really. The Europa League is only profitable for the winner, generally.

No gate/TV money???

[sunshine whites]

Chester City wound up.
Southend given 35 days to settle.
Cardiff's Willy Wonka 56 days to stump the cash from the golden tickets!.

BBC

[Disco Dan]

Southend given 35 days to settle.

That's a shame. If they'd gone today we'd have been top, ten points clear of 3rd, with only ten matches to play. As it is, we might be one of the last clubs to play them.

[Mustafaster]

Heard on the radio this morning if Pompey win (or play Chelsea in the final) of the FA cup they won't get to play in Europa League as they couldn't afford to pay the European club registration!!!

False economy.

Not really. The Europa League is only profitable for the winner, generally.

No gate/TV money???

Yeah, but they are paltry, and costs for a PL team are so high that it's not really profitable.

[sunshine whites]

Southend given 35 days to settle.

That's a shame. If they'd gone today we'd have been top, ten points clear of 3rd, with only ten matches to play. As it is, we might be one of the last clubs to play them.

missed that one? how do you work that out?

[eric olthwaite]

Southend given 35 days to settle.

That's a shame. If they'd gone today we'd have been top, ten points clear of 3rd, with only ten matches to play. As it is, we might be one of the last clubs to play them.

missed that one? how do you work that out?

Presumably because all results involving them get expunged, and Norwich have already beaten them twice?

[Disco Dan]

Presumably because all results involving them get expunged, and Norwich have already beaten them twice?

Yep. We'd lose our one point from the 0-0 at their place. Norwich have taken 6 points from them.

[Blackwhite]

Presumably because all results involving them get expunged, and Norwich have already beaten them twice?

Yep. We'd lose our one point from the 0-0 at their place. Norwich have taken 6 points from them.

How do we get them killed off then?

[thechubbyone]

Bye bye Farsley Celtic
http://news.bbc.co.uk/sport1/hi/football/eng_conf/8559656.stm