Most of their debt is owned to their owner
European Super League
- Thread starter esmufc07
- Start date
Most of their debt is owned to their owner
Yeah so they better shut their mouths now that the sport is about to be ripped apart right? Same as Neville once got paid by the glazers and works for sky, he better shut his mouth too, after all they all take part in society, selfish fecks
Because their “debt” is money that came out of the bottomless pockets of their owner.
Didn’t realise Spurs were in such deep shit. Makes their addition all the more mystifying.
I know there’s a lot of Corden fans on here...
Being serous though, he’s absolutely spot on
Even a stopped clock...
Joking aside, very well said.
The time has come for all top European leagues to come together and put a universal salary cap so certain countries can't take advantage of it. The timing couldn't be better, and hopefully it's legally possible to drop all salaries below the cap with immediate effect. This would feck over greedy agents and footballers chasing money ahead of dreams, and it would save bigger clubs from bankruptcy.
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It's owed to Abramovich a big part of it was for club infrastructure, if I remember correctly and he had no intention to reclaim it.
Tight but doable.
It's clearly working, on r/soccer they're saying "oh it's a shitty excuse but at least it's not as bad as the others". City also barely seem to be catching any heat for this.
This is far too simplistic, total debt figures mean nothing without the details of terms of the said debt. A simplistic example having £100,000 on credit card debit is very different to £100,000 in mortgage debt.
If we dock points of the ESL clubs Leicester will be champions again this season. Lightning strike twice who would have thought?
Clear Perez is a ringleader and Barca/Madrid have lost a shit load. American owned clubs were always going to join in as they have no connection to the club/fans and purely see it as money making exercise and have probably been impatiently saying for years "when can we convert this to the US sports model?!!"
Could have worked with each other (and the other clubs and associations) to talk about rising salaries/agents fees and find a solution but too much effort...
Technically they 'owe' Abramovich around a billion.
So while he's pumped money in, it's on the books as a loan that has to be paid back.
EDIT: I didn't realise Spurs were so badly in the shit. Clubs should not be able to go 1 billion into debt. It's nuts
This idea of of a founding 15 clubs immune from relegation and a special "invited 5" simple doesn't work, the 5 teams that get relegated each year will be the 5 that joined it. Depending on numbers promoted relegated each year of course, but the idea is a joke, basically no promoted team can play in the league for more than one season at a time.
They'll also get feck all money out of it compared to the 15 even if my some miracle they manage to win it.
This is not free market in action. Why do people keep saying this is an inevitable result of the free market. That's as dumb as saying USSR communism is the inevitable result of socialism. A free market contains regulation.
barcelona could, and the decision to join superleague should be ratified by members through vote. The original agreement to join was given the ok by the previous board without vote and announced the day they left (!)
the sudden announcement, the pandemic and the new board being elected recently probably made the voting impossible beforehand. It was already difficult to organize the new board election
don't know about madrid
It'll be like WWE promos for weeks
Can get Leicester to win the league at 39/1 on Betfair. A mate of mine (Leicester fan) has put £50 on it
FIFA president Gianni Infantino breaks silence on European Super League
https://www.manchestereveningnews.c.../fifa-warning-manchester-united-city-20423461
https://www.manchestereveningnews.c.../fifa-warning-manchester-united-city-20423461
They fined Nigeria when we were so shit that our then president tried to ban us from the World Cup altogether
Do you think for one second that had Everton been invited to join they would have said no ? I don’t. Like I suspect a couple of clubs they knew had they been invited then it would have been financial suicide to say no If and a big If this ESL does come to fruition
Everton were considered to be in the big 5 prior to the PL being formed, they took full advantage of the opportunity even to the point of supporting the Chester report proposal that led to the abolition of shared gate receipts.
Everton are bitter understandably because they have invested heavily in chasing a dream and the owners who let’s face it who have no link with Liverpool as a City know that the building of a £500 million stadium is pointless without top class opposition to fill it.
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It's a dodgy accounting thing. Roman's investments into the club are technically interest free loans from one of his companies to another of his companies.
He owes himself 1.5 billion.
This idea of of a founding 15 clubs immune from relegation and a special "invited 5" simple doesn't work, the 5 teams that get relegated each year will be the 5 that joined it. Depending on numbers promoted relegated each year of course, but the idea is a joke, basically no promoted team can play in the league for more than one season at a time.
I don't think that it's the idea. My suspiscion is that the 5 invitee are auditioning for being part of future expansions. Basically you invite teams and see if they bring enough revenue, if they do you offer them a share in the company and the 15 become 16. Rinse and repeat.
He can suck a bag of dicks.
No he should have helped when the Utd fans were trying to point this out. He should have used his platform to raise these issues before they happened.
But he was happy because the game was still bringing him loads of cash, it´s far too easy to point a finger and say I told you so after it has already happened.
All of these authorities had already been warned and many fan clubs had already brought up these issues years ago but no one listen and the party was left to run riot because it made them millions.
Coming out now for me is just a bit too little too late, Gary and Carra plus many others should have hammered the lawmakers years ago to involve fans into decision making of the clubs.
Just find it rich to be acting all surprised and shocked right now.
PL and UEFA are hugely dependant on these clubs to make Them money. That is how they can pull off a stunt like this.
Hopefully All this backlash forces Them to stop these Plans.
This has brought other issues to attention again though, which needs to be addressed.
Hopefully All this backlash forces Them to stop these Plans.
This has brought other issues to attention again though, which needs to be addressed.
I wouldn't be surprised if Kroenke was pushing for it with Arsenal out of Europe. It's been planned for years though. There was a leak that Bayern were planning this 3 years ago.
There is. He is wealthy man who if he felt that strongly would probably walk
light touch regulation, so as long as the basics are covered, sporting integrity and fairness don't come into it. otherwise wed have have FFP with teeth and wage caps years ago.
I wonder where UKIP is on all of this. This is a bigger violation of English culture than chlorine rinsed chicken or whatever they campaigned on during Brexit or do they wag their tails and be good boys when the rich white folk are involved.
Its all such a mess, where exactly are they going to sell this to TV, brand it, staff it, promote it in such a short space of time? Surely they will have to draw up their own charter and in game rules?
I think the clubs have badly miscalculated public feeling and I think UEFA, FIFA and the respective leagues are potentially buoyed by that.
I also think it's arguable that the clubs have overplayed their hand, in terms of leverage. The idea that the PL collapses if these six clubs move on, I don't buy. The product will, obviously be diminished but it's still a saleable product without those teams precisely because it'll have what the ESL won't - competition and a strong league overall.
Some fans on here think the world starts and stops at Man United and Liverpool but forget, Chelsea and Man City are just Everton or Newcastle with billions of pounds. Arsenal and Spurs don't have any more history that loads of other clubs. The rich owners will still be sniffing around the PL and see value in investing and a new "Big 6" may emerge. Millions watch average PL games worldwide every week.
In Spain, Barca and Real have had fortunes in state aid. Are the Spanish Government going to sit by and let them walk away and destroy the League structure? I doubt it.
The legal side will, obviously be extremely complex but all of the PL clubs will, I suspect be contracted to one another to compete in the PL competition. Steve Parish was on MNF last night and made the point that if those six clubs think they can go off and set up their own league, and break with the current contractual agreement, then the other 14 clubs could arguably do likewise and exclude them. The European side of it is more complex again, but as you say, the relevant bodies may well be prepared to put a real marker down.
The threat to stop players playing internationally is significant. Even if they set up their own competitions - how long does that take? Is it ever even viable? Where do all the other players come from you need to support it over and above a 12 team league? Would countries have two national teams and where would the rest of those players play, because it wouldn't be in the FIFA sanctioned leagues. It's a logistical nightmare and a nonsense idea from people who have no idea about football. And the vast majority of the players in the ESL won't be that much better paid (given the projections of income) to make it worthwhile not playing for your national team, especially if you can play for another team in the PL and still get a big salary.
He was hence why he's one of the chairmen. Kroenke would've been in total agreement with the Glazers over a closed competition. Both NFL owners.
I'd just have two helicopters instead of three.
Feck Messi, Ronaldo, De Gea, Haaland and all the rest of the greedy bastards (also stupidly driven by/allowing agents to blackmail clubs... especially that fat pizza munching tw@t).
It's easy to say this was owners not players (it was) but I don't care any more. Owners, players, agents, sponsors... all fair game now because it's them or the sport/club I've loved for half a century.
No, its shining a light on just how football clubs only hold their self interests at heart. Too many clubs gets punished in England for being successful and too many cant see past their nose. There should have been as much uproar over clubs trying to hold restart hostage by voiding relegation and keeping the promoted sides out as there is over this.
feck the SL, root the sport out from top to bottom with wage and transfer fee caps etc and do it right. It isnt always big clubs bad, smaller clubs good. Everybody is just as bad as each other, they just dont have enough pull to use it.
This is a watershed moment for English football and i dont want to see it wasted with cyncial bullshit.
Good man. Keeping it simple but getting it on point.