Globule
signature/tagline creator extraordinaire
- Joined
- Sep 1, 2013
- Messages
- 5,092
Of course we aren't immune, but when you consider the % of income we get from match day sales vs other clubs, as well as what we pay on wages vs income compared to other clubs, we are in far better position than the vast majority of clubs. Dortmund have been absolutely crippled by Covid. Their ability to hold out in the summer has no relevance on their financial situation now.
And one of the big income streams for us is sponsorship. We've already had to extend the Chevrolet deal by six months to allow them to make the remaining payments. How many industries will not be suffering from the Covid impact? It's an uncertain time to be banking on a mega sponsorship deal. The Premier League TV deal ends next season. They were already down last time round, so who knows what the landscape will look like next time round.
We will also struggle to get decent money for the players we need to offload.
Might not be the best time to be shelling out massive transfer fees and massive wages.