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Sheff Wed - financial issues


Woodman Boy said:
Watching that again, and knowing the final score, it is funny seeing Gregory’s smug face after he scored. 😆
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Aye true...he did overcelebrate..but had we not had that, we might still have Chansiri, we wouldn;t have had the Peterborough play off game (which is one of my all time favourites)..., looking towards having around 30k ACTUAL Owls fans at the game today...although I expect to lose , well adrift in the league and going down now, but getting rid of that fookwit makes it all worth it..Time to get behind the lads and howl them on again, without all the peripheral crap that has nowt to do with football....30k fans celebrating administration?.....you couldn't bloody make it up!
 
Mowgli said:
Its quite funny how people expect the EFL to have a crystal ball for how every owner is going to run a club like
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And that is precisely the problem with regulating football club ownership

You can check past history for criminal records, recent bankruptcies etc etc but if nothing comes up and the new owners can come up with readies to persuade current owners to sell what can be done?

The existing owners may be facing massive liabilities they cannot meet eg to rebuild the ground, to pay existing contracts to players bought on ill-advised sprees, to pay interest on loans secured against TV income which after relegation is no longer there etc etc

And the new owners simply be taking a chance something will turn up eg promotion against the odds, a murderous dictatorship looking for some positive air time with some fat lads wearing gravy stained tea towels on their heads?

How can you step in and say “we know you will do something to harm the club’s financial sustainability in the long run” without being legally challenged to produce an objective justification

You could require some sort of deposit to be put into a fund to cover future bankruptcies but this would just limit investment in clubs and produce all sorts of moral hazard issues ie there would be even less of an incentive to run clubs sustainably if there is a fund available to bail out stupidity

Unfortunately the way I look at it is that only a compulsory insurance scheme - that eg places a bankrupt club in L2 - would work. The alternative is one day a big club going out of existence to finally stop football’s current crazy financial gambling spree.

How would we feel if the Saudis fell out with the West, threw in their lot with Putin, stopped the flow of gravy to Sid James and then the Mags went belly up? I might not stop laughing for a few days (weeks) but after that I would miss the rivalry (I think)
 
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wednesday1957 said:
Aye true...he did overcelebrate..but had we not had that, we might still have Chansiri, we wouldn;t have had the Peterborough play off game (which is one of my all time favourites)..., looking towards having around 30k ACTUAL Owls fans at the game today...although I expect to lose , well adrift in the league and going down now, but getting rid of that fookwit makes it all worth it..Time to get behind the lads and howl them on again, without all the peripheral crap that has nowt to do with football....30k fans celebrating administration?.....you couldn't bloody make it up!
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I’m so pleased for you to be free of that lunatic, let’s hope that you get an owner who will have the patience and foresight to follow the Sunderland model. Sign cheap players with potential domestically and from Europe with sell on value to fund the rebuild and then when you reach the “Prem” spend what it takes to buy class as you will only have one hit at not having an FFP history. You’re a proper club with proper fans see you back at the top in a few years time, (yes be patient). You will need your Granit Xhaka.
 
Mackemansj1 said:
The thing is football is broken, it’s pretty much not sustainable outside of the premier league but the big clubs won’t allow football to be fully regulated because it doesn’t suit the top lot. I mean if it were don’t think Chelsea would’ve gotten away with the creative stuff they e done the past few years 😂 selling the women’s side for £200m etc. it’s going one way and we will see many more burys in the future. However players have also brought it on themselves let’s be honest the biggest cost in football is player wages we’ve went from the top stars getting good wages to now bang average players making ten times the average fans weekly wage even at championship level. It can’t go on much longer and with the premier league trying to make it a closed shop I fear the pyramid as it is won’t be the same in 20 years.
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It’s not the players fault, who in their right minds turns down vast amounts of money? It should never have been allowed to get to this level but it’s not the players faults.
 
wednesday1957 said:
Aye true...he did overcelebrate..but had we not had that, we might still have Chansiri, we wouldn;t have had the Peterborough play off game (which is one of my all time favourites)..., looking towards having around 30k ACTUAL Owls fans at the game today...although I expect to lose , well adrift in the league and going down now, but getting rid of that fookwit makes it all worth it..Time to get behind the lads and howl them on again, without all the peripheral crap that has nowt to do with football....30k fans celebrating administration?.....you couldn't bloody make it up!
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Wonderful club and fans. I can only wish you all the very best and you will come back from this. Liked the positivity from the administrator who echoed the same about this being a magnificent football club that will attract interest.
Don’t do a Swindon and hand it to another twat.

You better win today for obvious reasons. 🙏
 
CheersMarra84 said:
Shite that they’ve had to take a 12 point deduction to get rid of that charlatan, but at least he’s gone and they can move forward. Always liked Wednesday and I hope they manage to stay up somehow.
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Think its only fair tbh....and its well worth the price
He could have avoided this by selling the club and getting £60 million back a couple of months ago..He chose to try and kill the club..came back to the table and wanted 100 million!!
Sheer spite, can't think of any other reason
Swindon On Tour said:
Wonderful club and fans. I can only wish you all the very best and you will come back from this. Liked the positivity from the administrator who echoed the same about this being a magnificent football club that will attract interest.
Don’t do a Swindon and hand it to another twat.

You better win today for obvious reasons. 🙏
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I honestly can't see us winning mate, virtually running on empty, half the team today will be kids, but I'm celebrating whatever...owls fans will stay today and applaud them off
(Mind...it will all go tits when The Blades stuff us next month lol)
 
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Alfies Hat said:
Yes.
A club that's won 4 league titles and 3 FA Cups, and get big crowds.
Unlike a certain team from North Yorkshire.
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Well, that's quite a lash out .
I've already stated on this thread that I hope Wednesday get sorted and I also said that I don't like to see ANY CLUB in trouble.

This 'proper club' stuff is weird though - as far as I'm concerned ALL clubs are 'proper' clubs, they all compete at whatever level they're at and all have supporters that love them.

You say Wednesday are 'proper' because they won the league 4 times and the FA Cup 3 times - best part of 100 years ago, the league cup win in 1991 obviously doesn't count because that's also been won by some 'unproper' club in North Yorkshire - or maybe it does count in Wednesday's case cos Sheffield is in SOUTH Yorkshire.

Actually, the folk that go on about 'proper' clubs are the people that are being disrespectful to all the other clubs that are not seen as being in your elite little circle

Weird logic to assume that some clubs are 'proper' cos they won stuff in footballs early days and are 'proper' cos they 'get big crowds' - although compared to a little old 'North Yorkshire' club that's not really true.

So, as far as I'm concerned ALL CLUBS are 'proper' clubs that have people following them and that love them - as opposed to some weird misguided snobbery.
 
wednesday1957 said:
Think its only fair tbh....and its well worth the price
He could have avoided this by selling the club and getting £60 million back a couple of months ago..He chose to try and kill the club..came back to the table and wanted 100 million!!
Sheer spite, can't think of any other reason

I honestly can't see us winning mate, virtually running on empty, half the team today will be kids, but I'm celebrating whatever...owls fans will stay today and applaud them off
(Mind...it will all go tits when The Blades stuff us next month lol)
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You never know mate. The positivity from the stands might push them on.
I hope so.
What a piece of shit that owner was.
 
wednesday1957 said:
I honestly can't see us winning mate, virtually running on empty, half the team today will be kids, but I'm celebrating whatever...owls fans will stay today and applaud them off
(Mind...it will all go tits when The Blades stuff us next month lol)
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I think the lift in mood will take you to a win today mate (in fact I have put money on it….)
Oxford are very up and down and I think that your crowd will push you past them.
Just take the noise and let loose!
The great escape starts here!!!
 
wednesday1957 said:
Mike Ashley?
I'd take him over the nutter we had, I dunno quite what Newcastle fans wanted, well obviously it was a state takeover..so virtually buying trophies...going well that is it?
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Mike Ashley would deliver premier league and probably survival,that would be It. 20odd years since you got relegated from there it’d be huge success.
What the scum don’t realise is that he allowed the takeover with his approach and the subsequent spending.
 
Tom said:
It’s not the players fault, who in their right minds turns down vast amounts of money? It should never have been allowed to get to this level but it’s not the players faults.
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It should t have gotten to this point is what I should’ve wrote weeks ago. We’ve seen it here the pressure on clubs to pay bang average player wages in the quest for the golden land. Even in league one and two they brought in a percentage of turnover I think it was that could be spent on players wages, which I think we all agree is safe guarding clubs futures at that level but the pfa got it tossed out well that’s what Gary Neville said on a podcast. That’s on the player surely at that level?. We don’t want any more burys in the future and it’s pretty clear football is completely broken just the premier league is keeping it afloat. If the premier league bubble bursts or the super league comes in unfortunately we even as quite a large club by any metric won’t be in a position to spend the likes we have this season. I think it’s on agents too probably more so more money goes out the game than stays in it in the pockets of agents and players.
 
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