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Teddy Picker posted:The owners of Derby County at the moment are being very clever, in that they're not spending outside of their means at all, and have reduced the club debt to not much more than the mortgage on the stadium. A lot of fans are getting irate about mediocre players etc, but I think at this rate everyone seems set to go bankrupt and we'll end up in the Premier League regardless. Cardiff are in the news today about rumours they're getting wound up, planning to be the last club standing doesn't seem overly silly now. Cardiff had a winding up dismissed back in mid December because the debt had already been repaid or refinanced. Maybe something like £15 million? Unless you're talking about something completely new which is possible.
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| # ¿ Jan 7, 2010 04:37 |
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| # ¿ May 23, 2013 11:19 |
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http://soccernet.espn.go.com/news/s...england&cc=5901 He's spent millions you see! Millions! Of course it doesn't specify how many millions so I'd bet not very much.
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| # ¿ Jan 13, 2010 17:20 |
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Couch posted:http://www.guardian.co.uk/football/...ortsmouth-owner So Pompey have a real owner now as opposed to a loving phantom no one has ever met INCLUDING HIS OWN loving LAWYER! This is literally the first positive turn for the club (so it seem at least).
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| # ¿ Feb 4, 2010 03:09 |
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Hell 50 posts since my lunch break at 130...I thought Pompey finally went into administration or worse. Seems we're merely talking about how hosed Notts County is.
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| # ¿ Feb 18, 2010 22:39 |
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http://news.bbc.co.uk/sport2/hi/foo...uth/8544183.stm From what I could gather through Matt Slater's twitter was that the judge felt administration was the best course of action for the club. Apparently the next court date is to determine validity of appointment (which I assume means the appointment of an administrator).
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| # ¿ Mar 2, 2010 14:44 |
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Outrespective posted:In short all of business is indefensible in terms of morality. Fixed that for you. Its everything, not just football (or even sports in general). Shoe companies have all their sweat shops in the far east and most businesses outsource a lot of their technology to countries like India in order to cut costs for cheap labor. Don't single out football like its this evil monster when really any other enterprise in the world is just as bad. It doesn't make it any more defensible but the singling out isn't necessary.
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| # ¿ Mar 5, 2010 06:34 |
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Cardiff have until May 5th to raise the £2m or so they owe to the HMRC. http://news.bbc.co.uk/sport2/hi/foo...ity/8557188.stm e: sorry, I'm massively hungover this morning. Really not paying attention as well as I should. The cardiff thing is really interesting to me. They seem to frequently churn out quality players and make a good profit on them, are they just a terribly run team from the top? Akileese fucked around with this message at Mar 10, 2010 around 16:22 |
| # ¿ Mar 10, 2010 15:49 |
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http://soccernet.espn.go.com/news/s...england&cc=5901 So in short, his plan is to get an advance on all the tv money and an advance on the first parachute payment to keep the club in business. I really don't think this solves anything in the end. They still seem pretty hosed.
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| # ¿ Mar 17, 2010 17:35 |
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Soccernet has an article up claiming that the actual Pompey debt is £119 million. http://soccernet.espn.go.com/news/s...england&cc=5901 Holy loving poo poo that's ridiculous for a club the size of Portsmouth if it's true.
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| # ¿ Apr 20, 2010 19:42 |
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Orange Carebear posted:Serious post, I'd rather see City get fourth than Spurs because of 'Arry. A stinkyhole like that who leaves the shattered wrecks of clubs behind him, promising the fans to take them to glory only to pillage their best players when he inevitably moves on to greener pastures, doesn't deserve CL fun. I think if you needed even more proof on how little the governing bodies of football give a poo poo about clubs the fact that they owe that much money is proof. People make the "XXX IS A BIG CLUB!" joke all the time but Pompey most definitely are not a big club. They don't have nearly the infrastructure in place to spend the way they did. At some point some governing body needs to step in and tell these clubs to stop spending like drunken oil barons.
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| # ¿ Apr 21, 2010 01:26 |
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Pompey owe £1 million to Spurs for a keeper who never played for Spurs. http://football365.com/story/0,1703...6106999,00.html This is turning into a bigger circus...If that's even loving possible.
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| # ¿ Apr 21, 2010 14:33 |
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Hull possibly hosed too? http://football365.com/story/0,1703...6114176,00.html £35 million is a lot of money.
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| # ¿ Apr 25, 2010 02:01 |
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partipo posted:Can we focus on what's important? I feel bad for their fans except the stinkyhole with the bell. Relegation is one thing, but is there anyway at all they survive the poo poo storm and actually exist come the start of the Championship?
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| # ¿ May 10, 2010 18:40 |
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No idea how legit this is but I actually read on Kotaku of all places making my morning rounds. http://www.independent.co.uk/sport/...ol-1970586.html Seeing as how he owns the9 he's definitely loaded as gently caress although I'm not sure how loaded he is. The article actually says Barclay Capital has basically been out contacting anyone whose had previous interest trying to purchase the club. To make it even better, whoever buys the club apparently has to agree to be in on building a new stadium for the club as well.
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| # ¿ May 13, 2010 14:10 |
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Flayer posted:Watching football on a mobile would be poo poo though. It would have to be a long and well timed journey to coincide with the 1h50m+ length of a football match. It would massacre the battery of a smartphone as well. Plus who wants to watch football on a tiny screen. I have a pretty big display on my phone and I can do it every now and then. However, I'm obviously limited to using a ustream or justintv app and I need pretty much a perfect wifi stream for it to not be jaggy. Can't do it over 3g although I'm pretty sure it'll be possible with 4G. Still, it's not something I would do unless I have absolutely NO other choice.
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| # ¿ May 30, 2010 01:43 |
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Football 365 is saying unless the Palace deal is completed by Tuesday at 3pm the club will go into liquidation and eventually be dissolved. http://football365.com/story/0,1703...6182486,00.html Not sure where they got it from or if it's even in the papers, I just saw it there and didn't see it mentioned in the thread. e: Oh...just saw it in the championship thread. carry on then. Akileese fucked around with this message at May 31, 2010 around 21:14 |
| # ¿ May 31, 2010 21:09 |
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Transatlantic Gulp posted:got my man city season ticket for £326 It's nice to see this is more of a sport issue than an American thing. My season tickets for RBNY were $250 or so in the supporters end (8 rows off the field), and when they first became available, you could get midfield seats that were a few rows off the field for like $1300. Jut curious, what do Arsenal season tickets go for?
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| # ¿ Jul 6, 2010 18:12 |
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Bacon of the Sea posted:Don't baseball teams play about 150 games a season though? Yeah each team has like 81 home games but the price per ticket is still quite expensive compared to what you can see from how far you're sitting. I think the NFL is the first culprit though. Teams are starting to charge people licensing fees just to buy your season ticket (these fees are usually twice as expensive as your seat will actually cost you). As you can expect, most people who have baseball season tickets tend to sell at least half the games they go to.
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| # ¿ Jul 6, 2010 18:41 |
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Well that explains selling Chygrynskiy for about 40 percent of what they paid for him. Sure they secured a loan but it's just going to get piled on top of the debt. It might fix things in the short term, but considering that Laporta claimed he was going to try and fix this (He either failed miserably or ignored it, probably the latter), there's absolutely no reason to think it won't happen again.
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| # ¿ Jul 7, 2010 15:01 |
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The best part about the Barcelona article is Rosell saying they have a 90 million euro transfer kitty despite the fact that their player wages are unpaid. How the gently caress that works is absolutely beyond me but I'd have to imagine that some players would be pretty pissed about it.
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| # ¿ Jul 7, 2010 22:21 |
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Tiny Fistpump posted:This is why it's hard for Americans to understand the fuss over Wimbledon. It happens much much more frequently in the NHL/NBA, but most of those teams are recent expansion teams, which is another concept that would freak out Europeans. Yeah, I have two friends who were crushed by what happened to Wimbledon. You also have the issue with the Seattle Supersonics moving to Oklahoma City in what was pretty much one of the most despicable acts ever. There was a pretty great film made about it called Sonicsgate which I think is on youtube (it's free). The short of it is that the Key Arena where the Sonics played didn't have enough luxury suites so the league/clay bennett (A noted OKC businessman/friend of David Stern) gave them the ultimatum of building a new arena or they would up and leave. Being someone who had been to Key Arena within the two years of this happening. the place is great and there's nothing loving wrong with it. Not only that, but the Sonics had actually won a title in 79 and had been around since 67 so it wasn't like they were a new team. Sorry to derail but I felt it was totally relevant to the situation.
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| # ¿ Jul 11, 2010 17:17 |
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NattyBo posted:My MLS side, DC United, has a friendly w/ Portsmouth tonight. The official twitter said that the Pompey players had no jersies of their own (or they didn't arrive with the team or something) so they'd be borrowing our away kits tonight. Guess their delivery from soccertriads was delayed 
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| # ¿ Jul 25, 2010 05:24 |
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thing ever, drat. On top of that first kick temperature should be around 97 degrees.
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Mickolution posted:As I said the other day about this, gently caress them. I feel sorry for the fans, but the club dug their own hole. Yeah. I imagine the tax man would win it and the fans will try and rebuild the club from the ground up. It really should be a lesson for other premiership clubs but I doubt they'll get anything out of it.
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| # ¿ Aug 4, 2010 21:09 |
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Healbot posted:RCD Mallorca is now actually suing the UEFA for their lost spot in the Europa League. I doubt they'd win but jesus this would set a very dangerous precedent were they to somehow pull it off.
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| # ¿ Aug 7, 2010 15:18 |
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PDcavsinsider PD reporting deal for Chinese group to buy 15 percent of #Cavs is off. After a year Kenny Huang could not come up with money. Got this off twitter. I think Liverpool may have dodged a major bullet here.
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| # ¿ Aug 25, 2010 23:48 |
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wayth posted:Looks like the Liverpool board told Hicks to go gently caress himself. Totally acceptable for a guy who has attempted to bleed the club dry to refinance and give himself even more power.
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| # ¿ Sep 17, 2010 15:59 |
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willkill4food posted:You also have a bunch more apartments waiting to be sold too, so there is more revenue to come from that. Yeah I believe Arsenal still have another 50 or so apartments that are up for sale. Matchday revenue dipped slightly but the money from the Highbury Square development more than made up for that at least for the past year. It's not a worry to me though. Dipping from 100 million to 93 million is perfectly fine. Could be a problem if it continues to dip (though I dont see it happening)
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| # ¿ Sep 25, 2010 14:07 |
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Mickolution posted:Was there not a huge deal made recently over the fact that they'd sold them all while everyone completly ignored the fact that the arse had fallen out of the property market and they had gotten far less than they were looking for? I think they sold a bunch of them for a good amount below what they were originally looking for. I know I read a piece within the last two or three days that claimed something like 50 were still up for sale.
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| # ¿ Sep 25, 2010 15:04 |
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euroboy posted:Most of the point I guess is that he can't buy the club now. He's not "close" at all to buying the club. And not only is he not close but Kroenke is technically closer than he is. Neither is very likely though. But there would have to be a massive falling out on the board for Usmanov to buy the club (as in someone gets frozen out of the decisions and their shares go up and Usmanov buys them). That's pretty much the only way he's owning the club. Plus he's a loving United fan.
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| # ¿ Sep 27, 2010 14:58 |
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delicious beef posted:The difference is that United aren't in danger of having their loans called in and the club entering administration. United seem to have more revenue streams than Liverpool so that's probably why. I also respect that I may be entirely wrong.
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| # ¿ Mar 23, 2011 02:13 |
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Sky is reporting that Stan Kroenke is making a move for Danny Fiszman and Nina Bracewell-Smith's shares. That would put him at about 46 percent and he would then launch a takeover bid. No quotes from Sky. Just the news report (though it did only break a very short time ago). http://www.skysports.com/story/0,19...6864040,00.html
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| # ¿ Apr 10, 2011 17:05 |
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Lot 49 posted:Is he proper rich like Abramovich or City's sheikh or an other horrible american whose just going to load debts onto the club? She's in the Walton family who's father created Walmart. That family is worth like 100 billion dollars so if Stan himself may not have the money to buy Arsenal, she sure as hell does. e: Kroenke himself was worth 2.6 billion dollars the last time Forbes put out a billionaire list. Ann herself is on the list as being worth 3.4 billion dollars so between the two of them that's $6 billion. To be honest though, I still don't think he has the straight cash to buy Arsenal. The last valuation was a bit over 1 billion dollars US. Akileese fucked around with this message at Apr 10, 2011 around 19:14 |
| # ¿ Apr 10, 2011 19:11 |
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Holy poo poo. There's like, 6 members of the Walton family on the Forbes 400 billionaires list as well as Drayton McClane who apparently has a piece of Walmart Logistics as well. I don't know the family history but if he were to buy Arsenal, I'd have to imagine he would leverage it against one of his U.S. ventures as opposed to leveraging it against Arsenal. e: This just came along the twitter wire from the BBC quote:BBC Sports Editor David Bond confirms Kroenke has agreed deals to buy Arsenal shares of Danny Fiszman & Lady Nina Bracewell Smith Akileese fucked around with this message at Apr 10, 2011 around 19:29 |
| # ¿ Apr 10, 2011 19:17 |
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I will be more than willing to eat my words if I'm wrong but I really don't think a lot is going to change with the club. He's been on the board for a bit now and if the board didn't think it was in the best interest of the club to sell to him they I don't believe they would.
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| # ¿ Apr 11, 2011 16:04 |
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There's rumors Usmanov is coming in now and offering £13k per share for Lady Nina's shares. It seems like bullshit though since the board would never sell their shares to him. e: Second rumor that rejected Usmanov's offer to accept Kroenke's for £11.5k. All for nothing. Let him go buy West Ham or some poo poo.
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| # ¿ Apr 11, 2011 18:26 |
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Getafe were bought by Team Dubai who plan to rename them....Getafe Team Dubai. God drat that sounds absolutely awful. http://soccernet.espn.go.com/news/s...ccernet&cc=5901
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| # ¿ Apr 20, 2011 23:40 |
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So Leeds were being investigated because after an inquiry, no one could figure out who the gently caress owns the club. What happens? Ken Bates has magically become the majority shareholder of the club! That whole ordeal was extremely fishy.
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| # ¿ May 4, 2011 01:19 |
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Saw this linked on twitter and found it interesting enough to post here. It's mostly a profile on the work of Ivan Gazidis and Tom Fox at Arsenal thus far but it also talks about in depth about how bad their sponsorship deals are by comparison and how both of them are working on getting more sponsors (citing the international tour being a huge help for that). I'm not sure how much of it is bullshit but I found it to be a good read. http://www.sportsbusinessdaily.com/...senal-main.aspx
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| # ¿ Aug 17, 2011 19:55 |
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Scikar posted:Got to be honest, I thought the Glazers were setting the club up for a death spiral but they've got plenty of evidence to show that their business plan is working. Revenue is going up and the debt is going down as they planned, which is a good setup for the long term once the debt is all cleared. The main outstanding issues are: 1) are the season ticket prices going to come back down once the debt is cleared and 2) are they going to start taking big slices of the pie for themselves as the net profit rises? I hate to do this because I don't want to start an American thing, but I doubt the season ticket prices will go back down. Sadly, that just isn't how it works. United are one of the three biggest clubs in the world and there will always be a waiting for season tickets. Their plan is working because United have an exceptional team and they keep winning titles. You keep winning trophies, people will pay anything to see your matches so they've got that going for them. As long as United keep winning trophies (looking at their team in the long term I can't see any way they don't), they should be fine. That was one of the biggest problems with Liverpool. They weren't bringing in the right players (or enough of them) to keep the team winning and it bit Hicks and Gillette in the rear end though admittedly if they had OT instead of Anfield it probably would of worked a lot better.
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| # ¿ Sep 2, 2011 00:03 |
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| # ¿ May 23, 2013 11:19 |
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Lots of stuff going on with Martin Bain and Rangers right now and the term insolvency has been thrown around quite a bit which perked my ears up. http://www.bbc.co.uk/news/uk-scotla...siness-14907874 http://www.bbc.co.uk/news/uk-scotla...w-west-14905815
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| # ¿ Sep 14, 2011 00:05 |
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