Football finances

[Piethagoram 𝕏 @piethagoram]

http://priceoffootball.com/football-finances-serpents-kiss/

[super_ram]

A very interesting but concerning read

[Chris Website URL Visit Site 𝕏 fmcj10 Instagram fmcj10]

Very interesting article on football finances, I think we all know that football is a greedy rich sport and that nobody really makes a profit (mostly due to the nature of the business). I think clubs must start living within their means, the issue is how do fans get behind a club without complaining constantly about results? That is a pressuring demand, which puts strain on the manager.

Stability won't come back naturally for most clubs due to the nature of sacking managers to achieve short term success.

[cheeky~k8]

Finances are always a hard one in the line of football.

[upthepies]

The sports become increasingly greedy and the days of millionaire owners seems to be a thing of the past, more multi-aires will be needed to sustain this game.

[TheSkipper 𝕏 TheSkipperNCFC]

Could a monthly fair play rule help clubs to stay within their means? i.e clubs who operate at a loss must ensure they operate with their monthly income? Most teams spread it out across the season [or even a few]. Season tickets and shirt sales are also a big pay day.

Clubs at the lower end of the table must start living within their means.

[liampie]

god it casts a dark watch over the future of english football, clubs need to stop playing the dangerous game and just accept the standard that they are.

[CliftonMagpie]

Has football ever been in a worse time?

Finances and the rise of hooligans makes me quite disillusioned with the game.

[B&Wstripes]

Silly, why would any club or owner put the fans at risk at risk like this.

[Joshua]

I do fear for English football at the lowest level if this is not tackled properly.

[DangerousSausage]

Some of that makes scary reading. How are Scunny getting away with spending 150% of their turnover on wages?

The fact that most lower-division clubs make a loss is nothing new. Now, however, clubs in the PL and Championship are turning profits, providing an added incentive for club owners to gamble.

[lambleypie]

I think it shows that clubs can still break the financial fair play rules.