Bastian
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- Jul 16, 2015
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@Stretender
Whether people like it or not football is a business and the elite clubs are playthings of rich people or groups of rich people. So best not to expect some moral fortitude from those in power.
Two specific things you mentioned: the prices of players - you can debate values all day, but again, football is embedded in the world of money and entertainment, so prices reflect what demand there is. No player should be worth or sold for 90m, but if Mbappe was put up for sale today for 90m, you'd probably have a queue of the top 10 clubs willing to pay that, by any means necessary. Any significant transfer activity now is a gamble, but we're seeing most, if not all, of our domestic rivals take that gamble. Going into a season with a thin or a weak squad is likewise, also a gamble - with view to sponsorship deals and CL money. If Sancho was our player, I don't think I'd want the club to sell for anything below 100m, regardless of the current market.
Also, if the club were to go bankrupt, as you suggested, it wouldn't be asset stripped and ultimately destroyed. The Glazer cnuts would then encourage a bidding war and pocket anything upwards of a billion, whilst our debts would be wiped off in the process. I don't mean to sound blasé about it, because it could end up being something altogether diabolical (nation state white washing enterprise) but the club won't go bankrupt, as such.
The wisest decision the Glazers could make - financially - given the economic landscape, would be to appoint top class people to take care of the footballing side of the club's operations as our track record is there for all to see, 100s of millions wasted and one of the highest wage bills in the world with nothing to show for it. That would be the most cost-saving exercise they could engage in.
Whether people like it or not football is a business and the elite clubs are playthings of rich people or groups of rich people. So best not to expect some moral fortitude from those in power.
Two specific things you mentioned: the prices of players - you can debate values all day, but again, football is embedded in the world of money and entertainment, so prices reflect what demand there is. No player should be worth or sold for 90m, but if Mbappe was put up for sale today for 90m, you'd probably have a queue of the top 10 clubs willing to pay that, by any means necessary. Any significant transfer activity now is a gamble, but we're seeing most, if not all, of our domestic rivals take that gamble. Going into a season with a thin or a weak squad is likewise, also a gamble - with view to sponsorship deals and CL money. If Sancho was our player, I don't think I'd want the club to sell for anything below 100m, regardless of the current market.
Also, if the club were to go bankrupt, as you suggested, it wouldn't be asset stripped and ultimately destroyed. The Glazer cnuts would then encourage a bidding war and pocket anything upwards of a billion, whilst our debts would be wiped off in the process. I don't mean to sound blasé about it, because it could end up being something altogether diabolical (nation state white washing enterprise) but the club won't go bankrupt, as such.
The wisest decision the Glazers could make - financially - given the economic landscape, would be to appoint top class people to take care of the footballing side of the club's operations as our track record is there for all to see, 100s of millions wasted and one of the highest wage bills in the world with nothing to show for it. That would be the most cost-saving exercise they could engage in.