After reading up on the BBC investigation which claimed a ‘Championship club could go bust’, fans of various clubs gave their thoughts with some stating they were glad at the how their side were handling their finances…
The financial sanctions used in League One is the way forward. Owners seem to risk a club's future to get to the promised land, but all that extra money doesn't solve the problem. Everything costs more, while the debt gets bigger, promotion to the EPL just seems pointless.
— Christian Davies (@Christi58198460) December 12, 2019
Good ! Let them go bust. Then sensibly ran clubs can benefit
— Michael Massiah (@MichaelMassiah3) December 12, 2019
Didn't they bring something in called Financial Fair Play????
What the hell is it, and what was the point, because apart from odd transfer ban, it has made zero impact.
— A Casual Bantam (@ACasualBantam) December 12, 2019
So glad Norwich took the sensible approach, even if we come straight back down. (And escape VAR ?)
— Terri VOTE! (@TerriWestgate) December 12, 2019
The reason the se ond tier is becoming u sustainable is twofol – the incompetence of the @EFL , it's ruling body a D the cash cow the football world has allowed the @premierleague to become. Neither care about the welfare of the members and are just out to maximise revenue.
— Davin (@davman1971) December 12, 2019
@MarkAEverson: And for what end? Year 2 in the “promised land” and #bhafc have posted big losses. There is no big payback, it’s just clubs continuously overspending.
@ataraujo88: A salary cap needs to be introduced into the game at all levels to support and remove the possibility of clubs going under.
@PreMatchMeal: The money sloshing around in the @premierleague is grotesque. The haves and have nots then the parachute payments when the worst three are relegated. It’s bullshit.
@Kaden98329883: Credit to Our Owners @LUFC he’s never done what the Likes of QPR, Sheffield Wednesday, Derby have done which is spend money we Don’t have. I can see more and Clubs go under like Bury and Macclesfield.
@studavo36: Still don’t understand why the wealth of the premier league doesn’t feed the lower leagues more!
@CarrDutton: Right the way down the pyramid they are at it, spending more than clubs income just on paying players. Being funded by “businessmen” who somehow pass the pathetic “owners and directors test. Even criminals allowed to destroy clubs (Chester City, Hereford United). It’s got to stop
Mal
12th December 2019 at 5:46 pm
FFP, load of rubbish. Ok so a club is in financial difficulty, what a great idea to fine them.
It’s all about stealing money from the clubs. The FFP is not fit for purpose.