Cardiffdaffs
Well-known member
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I know. I was responding to the suggestion that clubs be disallowed from seeking Government support.
Steve Gibson calls for urgent help from the Government and Premier League for EFL clubs
- Thread starter Juninho10
- Start date
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I know. I was responding to the suggestion that clubs be disallowed from seeking Government support.
The Card Cheat
Well-known member
I think to insinuate that what Steve Gibson is saying is that taxpayers should fund the lifestyles of millionaire footballers is deliberately obtuse. Its obvious to anyone with a functioning brain that's not what he's saying.
Football clubs are the heartbeat of communities and are a huge part of people's lives, and make absolutely no mistake about it without assistance many clubs will go to the wall. Particularly in leagues 1 and 2. Not only will that be heartbreaking for fans but will massively affect thousands financially who work directly or indirectly for clubs.
I realise that all types of business are affected by the current crisis, but it's a terrible shame if clubs which have been at the centre of communities and our entire culture for well over a hundred years, cease to exist forever for want of some help.
Football clubs are the heartbeat of communities and are a huge part of people's lives, and make absolutely no mistake about it without assistance many clubs will go to the wall. Particularly in leagues 1 and 2. Not only will that be heartbreaking for fans but will massively affect thousands financially who work directly or indirectly for clubs.
I realise that all types of business are affected by the current crisis, but it's a terrible shame if clubs which have been at the centre of communities and our entire culture for well over a hundred years, cease to exist forever for want of some help.
SilentProf
Well-known member
How much tax have the club paid in the last 10 years? How much have our players paid in that time? How much tax is generated from the impact of our club on local businesses? How much will be generated in the next 10 years if we go out of business? Now think of that on a national scale. Sometimes investing a few quid in the short term to keep a business running is worth it, millionaires or not.
They are entitled to use the furlough scheme and have in most cases.
If it is really that bad why not pause league one and two and furlough the entire lot. They can have the 2500 a month?
I think it’s absurd to suggest they’re at the heart of our communities. It’s an entertainment business. There is some ridiculous romance at the heart of this that is detached from reality.
I don’t know what it’s like at other clubs but we do know that our chairman has opted for two rounds of redundancies in the last year. Not exactly in keeping with the heart of the community image is it
Juninho10
Well-known member
Excellent post ThirdLeg - 100% Correct
Sheriff_John_Bunnell_ret
Well-known member
There is nothing deliberately obtuse in the slightest. and I have a functioning brain thank you. Again 932,196,267 spent by the premier league. Just a fraction of that would save all of these clubs. Public services are going to be absolutely decimated by covid. Taxation needs to be spent on that. Let the millionaires bail out the lower leagues.
The Card Cheat
Well-known member
I would only have said someone was being deliberately obtuse if they suggested the purpose of Gibson's statement was "let's help out multi millionaire footballers ".
Is that what you think he was saying?
Glad to hear about the brain, by the way.
Is that what you think he was saying?
Glad to hear about the brain, by the way.
Sheriff_John_Bunnell_ret
Well-known member
If you've got a point make it without insulting someone.
The Card Cheat
Well-known member
You never answered my question.
Genuinely never intended to insult you, apologies if it came across like that.
Genuinely never intended to insult you, apologies if it came across like that.
Juninho10
Well-known member
I have done nothing wrong.... other posters have called me all sorts of names - it's them who should have gone down in your estimations
SilentProf
Well-known member
I’m not suggesting clubs should be saved for emotional reasons, although if you’d rather see the national game devastated, I’d question why you bother using a football forum at all.
I’m saying it would be a prudent financial decision which would be paid back many times over in the long term when you consider the loss in revenue caused by multiple clubs going bust. Not just to local economies but to government tax revenue.
Any business owner with the resources would invest to prevent their business going bust in a bad year if it was virtually certain to have a net positive outcome in the long term. The government has those resources but is hoping the Premier league and FA foot the entire bill.
Juninho10
Well-known member
OK so your saying its a short term thing... what if it's saving football or having the right equipment/ nurses etc to help with covid? I know where I'd like my taxes to go
SilentProf
Well-known member
Do you seriously think it’s one or the other? They could easily borrow the money, provide guaranteed loans as they have with small business bounce back loans or use quantitive easing as they did with the banks during the financial crash. The £250m clubs have asked for is a pittance compared to what they have frittered away on private contracts to unqualified and incompetent PPE providers but that’s an entirely different conversation.
Sheriff_John_Bunnell_ret
Well-known member
I don't believe that is Gibson's intention. It is the reality though. We spent 2.7 million alone on one player. That money could have paid a division one clubs entire wage budget. An industry which has such obsene amounts of cash running through it should not be subject to a taxpayer bailout. I agree with the DCMS stance completely.
Juninho10
Well-known member
They don't need a tax payer bail out
Championship 2020 rich list
- Denise, John and Peter Coates, £7.17bn - Stoke City.
- Steve Lansdown, £1.35bn - Bristol City.
- Trevor Hemmings, £1.03bn - Preston North End.
- Mel Morris, £515m - Derby County.
- Steve Gibson, £270m - Middlesbrough.
- Tony Fernandes, £262m - Queens Park Rangers.
I do not want to see the national game devastated. What i would rather see is football clubs operate within their means, even at the expense of performance.
Covid has been around for best part of a year and we have signed players within that time, as have many others. There's an academy full of players on 300 quid a week. Why must teams sign players on thousands? Are you suggesting the government supports football teams performance in the league? You can field 11 players for not a lot of money. They might not be very good. But that's not exactly the governments problem is it?
Side note - I take real issue with how often people on here question other people posting on here if its not simply to cheer on the Boro. I see it all the time.
Anyway, football is a form of entertainment that i enjoy. I post on forums about the possible meanings of David Lynch movies, too. I don't think we should fund his next movie because people aren't allowed to go to the cinema after Wednesday
I just don't see clubs unable to survive 6 months without fans while still receiving tv and league money as the value generating behemoths you describe. They are badly managed companies that are no longer viable. And they have been getting away with it. They were increasingly sounding the alarm bells pre-covid. The problem is terminal under the current league structure.
Pre covid 19:
"..12 of the 20 top-flight clubs made a net profit in 2017-18. By contrast, 52 of the 72 clubs in the Sky Bet Championship, League One and League Two ended the season in the red. "
There are thousands of businesses in need of funding- loss-making ones are back of the queue, for me. The only argument to be made in favour of bailing these out is an emotional one
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