Time running out for debt-laden clubs

Pogue Mahone said:
Maybe not.

But you've managed to "wildly invent things" all by yourself, haven't you?
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No, I've indulged in informed speculation by saying that UEFA are aiming to bring the legislation in for the 2009/10 season - informed by someone (not me) who keeps well abreast of such things.

And I've said that UEFA can licence European competitions as it sees fit, which, subject only to EU law, is a matter of fact and not a wild invention.
 
GlastonSpur said:
With credit to Devonian (a fellow COYSer) for bringing this to my attention:

If you add them together, you have a figure well over £1 billion - equivalent to at least two years' television revenue for all 20 clubs. Ar5ena1, to their credit, are the odd man out in that Arsene Wenger balances the footballing books and their debt is entirely related to the new stadium; Liverpool, like United once-exemplary, are also now owned by Americans and heavily in debt to banks.
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What is this about :lol:
 
Pogue Mahone said:
More completely made up bullshit.
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Well you seem to think the whole article is bullshit, so they'll be no convincing you regardless.

Try reading the article: "Arsenal, to their credit, are the odd man out [of the Prem's top 4 clubs] in that Arsene Wenger balances the footballing books and their debt is entirely related to the new stadium".
 
I heard part of Platini's proposal involves getting governments all over Europe to stop citizens getting themselves into debt so that they can buy nice things. He reckons it's mega unethical that people who don't get themselves into debt can't buy such nice things as people who do get themselves into debt (unless they're proper rich).



Oh no, that's just me talking a load of shit just like you are Glaston.
 
GAngel said:
And once again it's not just utd and chelsea it's all the large revenue clubs.
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And once again you're missing the point:

It's not all types of debt and it's not all clubs that have debt.

The plan is clearly aimed at stemming the extreme debt situations that have now developed pace foreign ownership and MUFC and Chelsea and (to a lesser extent) Liverpool.
 
GlastonSpur said:
And once again you're missing the point:

It's not all types of debt and it's not all clubs that have debt.

The plan is clearly aimed at stemming the extreme debt situations that have now developed pace foreign ownership and MUFC and Chelsea and (to a lesser extent) Liverpool.
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*yawn*

Any other wum's today
 
GlastonSpur said:
Well you seem to think the whole article is bullshit, so they'll be no convincing you regardless.

Try reading the article: "Arsenal, to their credit, are the odd man out [of the Prem's top 4 clubs] in that Arsene Wenger balances the footballing books and their debt is entirely related to the new stadium".
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Just because Arsenal's debt is stadium-related, where exactly does it say that UEFA will treat this as a special case?
 
Sounds like typical Blatter/Platini la la land stuff.

If they really pushed this stuff through and it resulted in a few larger clubs being excluded you would almost instantly end up with the European super league they so want to avoid. I suspect that this might well contravene European law resulting in massive litigation anyway.

And how exactly do you separate stadium related debt anyway? Most of United's debt is secured against our assets the main one of which is the stadium.
 
I've drawn your attention to a serious article, in a serious newsaper, about a serious plan.

Those that wish to rubbish it, me and Spurs can do so to their heart's content. Those that wish to cling to a state of denial about what may well be happening can also do so. The rest of you might wish to discuss it in more reasonable terms and - god forbid - maybe even entertain it as a distinct possibility in some shape or form.

That's me over and out of this thread for the time being.
 
GlastonSpur said:
No, I've indulged in informed speculation by saying that UEFA are aiming to bring the legislation in for the 2009/10 season - informed by someone (not me) who keeps well abreast of such things.

And I've said that UEFA can licence European competitions as it sees fit, which, subject only to EU law, is a matter of fact and not a wild invention.
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Informed speculation?:rolleyes: It is your interpretation of it. If it were ever to come into play it would be at least 3 years away, but I think it is just more along the lines of Platini thinking he seems like the saviour because he is coming up with these new 'radical' ideas that should change football for the better.
 
kietotheworld said:
Spurs' greatest achievment of the last 50 years, beating an arsenal youth side 5-1.
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Oh yeah :lol:

Let me try. Tottenaniem. Dya'geddit?

Anyways, it won't happen, its too hard to work out who is seriously in debt anyway especially when these clubs can say they make so many millions each year or pull out a small loophole. The various big clubs won't allow it and will probably set up the G14 again, leading to other problems people have highlighted.
 
GlastonSpur said:
I've drawn your attention to a serious article, in a serious newsaper, about a serious plan..
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SeriousCat.jpg
 
GlastonSpur said:
You're missing the point: most of the 'top clubs' across Europe - bar MUFC, Chelsea and possibly Liverpool - will likely support and endorse the UEFA plan.

I don't see the three Prem clubs wanting to try and play with themselves in their own little private competition.
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The other European clubs would follow. The same would happen if it was Barcelona, Madrid and Juve who were in this situation. Big clubs stick together unfortunately.
 
The article takes fairly vague comments from Platini and runs with them to make the Himalayas out of a mole hill. Glaston has promptly set up base camp and is enthusiastically planning an assault on the North face of the highest peak.
 
With the global audience of United there's no way the CL is gonna leave us out let alone the top 3 english clubs plus Liverpool.

It's like F1 leaving out Ferrari and McLaren.
 
VII said:
With the global audience of United there's no way the CL is gonna leave us out let alone the top 3 english clubs plus Liverpool.

It's like F1 leaving out Ferrari and McLaren.
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Exactly
 
GlastonSpur said:
Try reading the article properly:

"If the strategy council resolves to eradicate debt, Uefa's executive committee will endorse it and only clubs with balanced books will be licensed to play in the European competitions"
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As a club we have balanced books any way.We don't buy players by running up debts.
 
ZIDANE said:
What is this about :lol:
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Shit they are fecking small time, I think i'm going to join in;

L1iverp0ol

Yeah thats right we beat them 1-0

World Conquerers us boys


Seriously now, this is probably aimed to stop clubs doing a Leeds nothing else, Clubs that although they have a large debt but one that is manageable will not be affected.

Thats how I see it anyway, I think the that this has been posted with a delirious Spurs Point of View on it, sorry Glaston your not going to qualifyfor the CL in 2009/2010 because the top 4 aren't allowed in due to debt...
 
GlastonSpur said:
Well you seem to think the whole article is bullshit, so they'll be no convincing you regardless.

Try reading the article: "Arsenal, to their credit, are the odd man out [of the Prem's top 4 clubs] in that Arsene Wenger balances the footballing books and their debt is entirely related to the new stadium".
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How is this different to debt entirely related to the purchase of the club? The club isn't in debt from buying players, they balance the books every year. It is in fact fantastically well run, with stronger revenue that probably any other team in the world.

So if Arsenal get away with it by balancing the books, so do United. And this wont happen anyway. Muppet.
 
GlastonSpur said:
Try reading the article properly:

"If the strategy council resolves to eradicate debt, Uefa's executive committee will endorse it and only clubs with balanced books will be licensed to play in the European competitions"
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Thats ok then because MUFC not only balance the books but make a healthy profit unlike most other teams in the PL and quite a few in Europe.
 
3Sixty said:
Im guessing half the people that have posted didn't actually read the article?
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No since it's 2 weeks old
I've already read it
It's 2 weeks old and already been on here.
Platini is an asshole
It was discussed 2 weeks ago
 
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