| Championship wages 22:47 - Aug 27 with 2357 views | pelles321 |
Don’t know if anyone saw the debate tonight on sky sports? Had Phil Parkinson on there, and looked exclusively at EFL clubs spending.
One of the most shocking things discussed was average % of revenue spent on wages in the championship by clubs in 2017/2018 was 106%. Last season it was 115%. How is that sustainable?! Whilst at the time it can be frustrating we can’t sign certain players, it showed what we were up against. That’s just wages. Not even considering transfer fees, loan fees, maintenance of stadium etc.... |  | | |  |
| Championship wages on 22:51 - Aug 27 with 2319 views | Nthsuffolkblue |
No other business could continue to run that way.
The EFL is supposed to have checks and measures in place against it aren't they?
Do the figures include all revenue (especially thinking parachute payments)? The clubs coming down with high wages often present a problem. I guess there is a need for realistic relegation clauses to be a norm in the game. Not sure how much they are currently. |  |
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| Championship wages on 22:57 - Aug 27 with 2283 views | Swansea_Blue |
It’s not sustainable, that’s the problem |  |
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| Championship wages on 23:00 - Aug 27 with 2266 views | pelles321 |
| Championship wages on 22:51 - Aug 27 by Nthsuffolkblue |
No other business could continue to run that way.
The EFL is supposed to have checks and measures in place against it aren't they?
Do the figures include all revenue (especially thinking parachute payments)? The clubs coming down with high wages often present a problem. I guess there is a need for realistic relegation clauses to be a norm in the game. Not sure how much they are currently. |
I assume all revenue as the study was conducted by a financial advisor company following the release of each clubs figures. Article here goes in more depth.
http://financialfootballnews.com/championship-2018-finances-wages/ | | | |
| Championship wages on 00:04 - Aug 28 with 2118 views | tetchris |
Wake up call for EFL. Two clubs could go out of business in one season. Fit and proper person test not rigorous enough. Salary cap in league one and two is a good idea but jimmy hill fought all those years ago to abolish it. Think it’s necessary just can’t see it happening. Steve Dale reported that previous owners had handed out contracts to players between £6-8k a week which wasn’t sustainable at their level. Think this is the start of a domino and others will follow |  | | |
| Championship wages on 09:25 - Aug 28 with 1685 views | theinbetweener |
Stoke City will be the next club in the s**t, no doubt about that. |  | | |
| Championship wages on 10:01 - Aug 28 with 1600 views | SouperJim |
There was an article somewhere I read last week (apologies, can't recall where) that covered wages throughout the PL and EFL. Essentially everyone other than the "big 6" are spending well well beyond their means.
Surely the whole thing will go tits up at some point. |  |
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| Championship wages on 10:02 - Aug 28 with 1597 views | Swansea_Blue |
| Championship wages on 09:25 - Aug 28 by theinbetweener |
Stoke City will be the next club in the s**t, no doubt about that. |
Based simply on last season, there are certainly alarm bells there. WBA too. | |
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| Championship wages on 10:03 - Aug 28 with 1588 views | chicoazul |
| Championship wages on 22:51 - Aug 27 by Nthsuffolkblue |
No other business could continue to run that way.
The EFL is supposed to have checks and measures in place against it aren't they?
Do the figures include all revenue (especially thinking parachute payments)? The clubs coming down with high wages often present a problem. I guess there is a need for realistic relegation clauses to be a norm in the game. Not sure how much they are currently. |
Plenty of businesses spend more than they earn. Amazon did it for 20 years. |  |
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| Championship wages on 10:05 - Aug 28 with 1580 views | IpswichKnight |
| Championship wages on 09:25 - Aug 28 by theinbetweener |
Stoke City will be the next club in the s**t, no doubt about that. |
I doubt it, they are bankrolled by bet365 who's owner is I tihnk only 2nd behind the Queen in the list of the richest women on the planent! | | | |
| Championship wages on 10:06 - Aug 28 with 1574 views | chicoazul |
| Championship wages on 09:25 - Aug 28 by theinbetweener |
Stoke City will be the next club in the s**t, no doubt about that. |
Stoke are a hobby owned by the richest woman in the country. | |
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| Championship wages on 10:12 - Aug 28 with 1528 views | WarkTheWarkITFC |
I think the most depressing thing about all of it is that it's not one or two.
I admire Evans for running us in a sensible manner, but what hope did we have if the other 23 clubs are all spending more than they bring in?
I know it was maybe 16 of 24 clubs and some others were well run but the point stands. We've been punished with relegation and a loss of £7m as a result, partly, of every other club spending money they don't have.
Of course the biggest reason was Hurst, but I do feel that with Mick eventually we'd have had a bad season with injuries or luck and been down there in with a chance of dropping into League One.
There's absolutely no reward for running your business well. The whole point should be that that should be the reward. Instead you either join in with the madness or face the likeliness of being punished financially.
Absolutely insane. It's been foreseeable for years and the EFL / FA have done absolutely nothing to protect their clubs, their players, their fans, jobs and communities. | |
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