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Re the state of Premier League clubs finances and dangers posed by the COVID-19 crisis. Most of it unsurprising - clubs running at large economic losses and heavily reliant on TV income hence necessity of finishing the season etc
However one point that really stood out was that of all clubs that have filed their accounts for last season (all other than Palace and Newcastle), the three promoted sides had by far the highest wage vs turnover ratio at 195% (Sheffield United), 175% (Villa) and 161% (Norwich) respectively. Granted these will have been inflated by promotion bonuses but it really illustrates the ridiculous levels of spending needed to get out of the Championship
For all Evans faults it’s not hard to see why we couldn’t compete (although clearly the extent of the decline is unacceptable)
Highlighting crass stupidity since sometime around 2010
The game is finished as working mans spectator sport. And has been for many years. The game is now morally as well as financially bankrupt. The best thing that could ever happen to the game is for Sky to go out of business ( hopefully one day soon) and the the leeches in the game due with them.
No footballer is worth the obscene amounts of money they get paid today. Give that money to people who have real life skills and who really work for a living.
Interesting article on The Athletic on 10:12 - Apr 9 by ArnieM
The game is finished as working mans spectator sport. And has been for many years. The game is now morally as well as financially bankrupt. The best thing that could ever happen to the game is for Sky to go out of business ( hopefully one day soon) and the the leeches in the game due with them.
No footballer is worth the obscene amounts of money they get paid today. Give that money to people who have real life skills and who really work for a living.
Sky going wouldn’t change anything. Amazon and Disney would stop into take their place.