Derby find extra 30m from stadium sale

NYboro said:
..and you believed them?
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Yes.

Arsenal FC, Liverpool FC, Manchester United, are owned by US businessmen with a history in US sport and they know the benefits that controls on salary spending brings to owners.

Atletico Madrid are approaching 1bn euros in debt, Barcelona are in debt in excess of 1bn and they had to borrow money to pay wages last year, and Real Madrid are getting on for 1.5bn in debt.
Milan were only 150 odd million in debt but just before the ESL was announced it was reported they'd lost 195m due to Covid, Internazionale over 600m in debt, and Juventus over 400m.

There is no point generating revenue of 3.5bn & spending 3.6bn on wages, the clubs involved in the ESL wanted to limit spending so that the owners make money/don't go bust.
 
In other words, they take all the money, which is what I said in the first place. Salary caps might well be a good idea, the American model is very far from it.
 
NYboro said:
In other words, they take all the money, which is what I said in the first place. Salary caps might well be a good idea, the American model is very far from it.
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The NFL has a salary cap based on league revenue. The owners & players agreed to limit what drafted players & rookies earn and set league minimums for all players.
 
newusername said:
The NFL has a salary cap based on league revenue. The owners & players agreed to limit what drafted players & rookies earn and set league minimums for all players.
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I've lived here for more than 20 years and I'm well aware of how it works. As I said, there is nothing wrong with a salary cap. There is everything wrong with a franchise system that has no promotion or relegation.
 
What an insult.
That club has become toxic to our game.
They have treated the game with even less respect than they gave Brian Clough after he did so much for them.
They purposely cheated and have stuck two fingers up at football while doing it.
100k is nothing given what they pay out in wages every week.
And now they say they want to build bridges while still pleading their innocence.
They have shafted Wycombe, Sheff wed and everyone else and now they want us to be ok with it?
They have said and done nothing that could justify allowing them to regain any credibility.
Every club should refuse to do any business with them until they find better owners.
 
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