European Super League (again)

[ska invita]

They must all be punished or they'll try again. Massive legislation too please.

I'm sure it will be tried again, again. Official position is they're going away to “reshape the project "

 

[Monkeygrinder's Organ]

One thing about debt - my understanding is for this lot debt is good - debt is free money right now - Apple's debt is: "long-term debt is at $94.05 billion and current debt is at $18.68 billion, amounting to $112.72 billion in total debt ".
If the suggestion of this graphic is that they're in financial trouble, I dont think thats necessarily the case, in fact more likely the opposite. Though there are many variables.

Yes it's definitely true that debt on it's own isn't going to give a full picture of the financial state they're in. It can often be perfectly sensible to borrow - something like the loans for Spurs' new stadium for example are probably a fairly prudent use of debt given the increased income. I'm not sure you'd go as far as to say it's free money though or that it shows a good financial position. Maybe at the point at which you've made the borrowing and now have an equivalent amount of cash in the bank which is freed up to invest - at the point at which you've given it all to Lionel Messi not so much.

 

[ska invita]

Yes it's definitely true that debt on it's own isn't going to give a full picture of the financial state they're in. It can often be perfectly sensible to borrow - something like the loans for Spurs' new stadium for example are probably a fairly prudent use of debt given the increased income. I'm not sure you'd go as far as to say it's free money though or that it shows a good financial position. Maybe at the point at which you've made the borrowing and now have an equivalent amount of cash in the bank which is freed up to invest - at the point at which you've given it all to Lionel Messi not so much.

totally agree, football finances are very murky - i know nothing - but even without their supershit league, and even if you finish ninth like arsenal are set to, there are huge revenues to be made every year and I can't imagine any of these rich clubs facing "bankruptcy" <or is that naive of me?

 

[Monkeygrinder's Organ]

totally agree, football finances are very murky - i know nothing - but even without their supershit league, and even if you finish ninth like arsenal are set to, there are huge revenues to be made every year and I can't imagine any of these rich clubs facing "bankruptcy" <or is that naive of me?

Well not that I've got any more knowledge than you really but I think it's unlikely. Without the extra super league cash they may need to start cutting on player wages and transfer fees though and they really won't want to do that - Barcelona might need to shift on Messi for example. So I guess the question is whether they'll just keep doing it until it's too late.

Of course they might just get another dodgy bailout off the local government instead.

 

[Pickman's model]

totally agree, football finances are very murky - i know nothing - but even without their supershit league, and even if you finish ninth like arsenal are set to, there are huge revenues to be made every year and I can't imagine any of these rich clubs facing "bankruptcy" <or is that naive of me?

You think arsenal will do well for coming ninth? Have you heard of parachute payments? Premier League parachute and solidarity payments - Wikipedia).

 

[The39thStep]

Juventus's share price shot up by 17% with Monday's announcement of the Superleague, this has now been wiped out.

 

[Kaka Tim]

would love the reform momentum to go after the corrupt fucks of UEFA and FIFA - how did these grifting shysters end in control of our game? And they should cancel the slave labour world cup.

 

[Athos]

Juventus's share price shot up by 17% with Monday's announcement of the Superleague, this has now been wiped out.

Be interesting to know who sold at the high point. Whether there was an element of market manipulation about this whole announcement.

 

[rubbershoes]

Juventus's share price shot up by 17% with Monday's announcement of the Superleague, this has now been wiped out.

I completely understand why you've posted this, but it's a sad state of affairs when anyone cares about a club's share price

 

[CosmikRoger]

Look at all the rats leaving their sinking ship. As a Spurs fan I would welcome a 25 point réduction at the beginning of next season to teach Levy that being a money grabbing cnut just makes you a cnut, not a football chairman.

 

[Badgers]

 

[rubbershoes]

Have the other 6 pulled out yet?

 

[ska invita]

You think arsenal will do well for coming ninth? Have you heard of parachute payments? Premier League parachute and solidarity payments - Wikipedia).

i dont really care, i was mainly looking for an excuse to point out that superleague super arsenal are ninth

 

[Steel Icarus]

Have the other 6 pulled out yet?

I think Inter have

 

[Badgers]

I think Inter have

I think they used the rhythm method

 

[The39thStep]

Have the other 6 pulled out yet?

Inter and Atletico have confirmed they’ve pulled out . Agnelli , who is also head of Juventus , now says Super League now cannot go ahead .

 

[The39thStep]

i dont really care, i was mainly looking for an excuse to point out that superleague super arsenal are ninth

False position could be 8th or 10th in my view

 

[Pickman's model]

i dont really care, i was mainly looking for an excuse to point out that superleague super arsenal are ninth

Yeh. Let's wait and see where they are at the end of the season

 

[Kaka Tim]

milan out.

 

[littlebabyjesus]

Don't know much about Steve Parish I must admit, beyond that he's Palace chairman. But this is well said. 'Earn It' shouldn't stop here.

"We have been living with this for as long as I’ve been involved in football, this constant threat that if we all don’t tow the line, if we don’t accept that their position in football needs to be gilded, needs to be special, then they would go off and do this. Let’s face it, this was an attempted coup to try to steal football.

"They still want to exert pressure on [Uefa president] Aleksander Ceferin. What Uefa need to do is start looking after the game and stop pandering to these people to keep them inside the tent because they are always going to be in the tent now, whatever happens.

"The Ajaxs and the Legia Warsaws should not be playing qualification tournaments in the summer, when they have won their league, in favour of an Arsenal or a Tottenham, who leapfrogged an Aston Villa or Leicester because it’s ‘better’ to get those teams in the Champions League for one year’s television revenue."

 

[DaveCinzano]

You should all be forced to be managed by Joey Barton for six months each

Six years, six months and six days

 

[steveo87]

 

[T & P]

We need a Downfall parody video with Florentino Pérez as Hitler...

 

[MickiQ]

View attachment 264264

For a multi-billion dollar project tis impressive that it hasn't lasted as long as a carton of fresh milk

 

[marty21]

Presumably all the clubs signed a contract with the bank funding the super League? And banks aren't noted for easy terms, will the clubs have to pay to withdraw from the contract ?

 

[Johnny Doe]

Presumably all the clubs signed a contract with the bank funding the super League? And banks aren't noted for easy terms, will the clubs have to pay to withdraw from the contract ?

I'm sure my club will just apologise as they have to us fans and that will the end of it. It was just a mistake, after all

(Oops, I just slipped and signed a contract destroying football as we know it and reducing competition to a meaningless set of exhibition matches. C'mon, we've all done it!)

 

[Thaw]

 

[1927]

View attachment 264264

I’ve had longer sessions on the cider tbf!

 

[marty21]

I'm sure my club will just apologise as they have to us fans and that will the end of it. It was just a mistake, after all

(Oops, I just slipped and signed a contract destroying football as we know it and reducing competition to a meaningless set of exhibition matches. C'mon, we've all done it!)

View attachment 264304

Only last week I tripped over the cat and signed a contract for a Super League

 

[belboid]

Can’t quite work out the official birth n death times. But I think Britney’s first marriage lasted longer