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Author Topic: Leicester the next club to implode ?  (Read 2982 times)

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DonnyBazR0ver

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Leicester the next club to implode ?
« on June 29, 2010, 10:58:13 pm by DonnyBazR0ver »
Now that Pearson has jumped ship, I wonder how many Leicester players will follow ?

Any other teams for financial problems/administration ?



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Snods Shinpad 2

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Re:Leicester the next club to implode ?
« Reply #1 on June 29, 2010, 11:06:05 pm by Snods Shinpad 2 »
Take your pick.

Teams in bold have all been reported to be experiencing financial issues of varying degrees:

Barnsley
Bristol City
Burnley
Cardiff City
Coventry City
Crystal Palace
Derby County
Doncaster Rovers
Hull City
Ipswich Town
Leeds United
Leicester City
Middlesbrough
Millwall
Norwich City
Nottingham Forest
Portsmouth
Preston North End
QPR
Reading
Scunthorpe United
Sheffield United
Swansea City
Watford

DearneValleyRover

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Re:Leicester the next club to implode ?
« Reply #2 on June 30, 2010, 02:57:44 pm by DearneValleyRover »
Does Administration as a punishment for mismanagement work? Personally it's only the fans and creditors who suffer. I think it's time that clubs who need to go into Admin to clear their debts should be wage capped so they cannot do it again. Leicester have already mismanaged before and yet seem to be doing so again. The only way we will get a fair playing field is if these clubs are stopped from offering wages they clearly cannot afford.

Lytham Rover

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Re:Leicester the next club to implode ?
« Reply #3 on June 30, 2010, 03:14:48 pm by Lytham Rover »
DearneValleyRover wrote:
Quote
Does Administration as a punishment for mismanagement work? Personally it's only the fans and creditors who suffer. I think it's time that clubs who need to go into Admin to clear their debts should be wage capped so they cannot do it again. Leicester have already mismanaged before and yet seem to be doing so again. The only way we will get a fair playing field is if these clubs are stopped from offering wages they clearly cannot afford.


in the wake of the debacle in S Africa it has been widely reported that german clubs have to have a licence issued by their federation will stipulates what they must do

it seems that this might be a way of controlling theses excesses

for example

they must provide youth academies
provide evidence of financial competence
have directors vetted
have sufficient monies in the bank to meet redundancy payments
etc
etc

everyone says that clubs should live within thier means but no one seems to want to get their hands dirty doing anything about this

the FA should take control of the english game for the benefit of all not just the hoi polloi

DearneValleyRover

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Re:Leicester the next club to implode ?
« Reply #4 on June 30, 2010, 03:46:43 pm by DearneValleyRover »
bedale rover wrote:
Quote
DearneValleyRover wrote:
Quote
Does Administration as a punishment for mismanagement work? Personally it's only the fans and creditors who suffer. I think it's time that clubs who need to go into Admin to clear their debts should be wage capped so they cannot do it again. Leicester have already mismanaged before and yet seem to be doing so again. The only way we will get a fair playing field is if these clubs are stopped from offering wages they clearly cannot afford.


in the wake of the debacle in S Africa it has been widely reported that german clubs have to have a licence issued by their federation will stipulates what they must do

it seems that this might be a way of controlling theses excesses

for example

they must provide youth academies
provide evidence of financial competence
have directors vetted
have sufficient monies in the bank to meet redundancy payments
etc
etc

everyone says that clubs should live within thier means but no one seems to want to get their
hands dirty doing anything about this


the FA should take control of the english game for the benefit of all not just the hoi polloi


Totally agree but English teams are romantacised by ex players and media alike, you only have to look at teams such as Leeds and the quotes of too big to be in this division rather than mismanaged and shite which should gave been levelled at them. FA, media, PFA etc... All need to look at themselves and except responsibility for the state of English football in general, we as fans know the current situation is unsustainable but those in power allow it to continue as their own slice of the pie Is worth it.

DearneValleyRover

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Re:Leicester the next club to implode ?
« Reply #5 on June 30, 2010, 03:47:19 pm by DearneValleyRover »
bedale rover wrote:
Quote
DearneValleyRover wrote:
Quote
Does Administration as a punishment for mismanagement work? Personally it's only the fans and creditors who suffer. I think it's time that clubs who need to go into Admin to clear their debts should be wage capped so they cannot do it again. Leicester have already mismanaged before and yet seem to be doing so again. The only way we will get a fair playing field is if these clubs are stopped from offering wages they clearly cannot afford.


in the wake of the debacle in S Africa it has been widely reported that german clubs have to have a licence issued by their federation will stipulates what they must do

it seems that this might be a way of controlling theses excesses

for example

they must provide youth academies
provide evidence of financial competence
have directors vetted
have sufficient monies in the bank to meet redundancy payments
etc
etc

everyone says that clubs should live within thier means but no one seems to want to get their
hands dirty doing anything about this


the FA should take control of the english game for the benefit of all not just the hoi polloi


Totally agree but English teams are romantacised by ex players and media alike, you only have to look at teams such as Leeds and the quotes of too big to be in this division rather than mismanaged and shite which should gave been levelled at them. FA, media, PFA etc... All need to look at themselves and except responsibility for the state of English football in general, we as fans know the current situation is unsustainable but those in power allow it to continue as their own slice of the pie Is worth it.

snods big brother

  • Newbie
Re:Leicester the next club to implode ?
« Reply #6 on June 30, 2010, 04:45:06 pm by snods big brother »
DearneValleyRover wrote:
Quote
Leicester have already mismanaged before and yet seem to be doing so again.


They are not the only club that has mismanaged before - I seem to remember that the Rovers have mismanaged many times in the past - admittedly not under the present management but certainly with previous boards - should we be waged capped then?

DearneValleyRover

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Re:Leicester the next club to implode ?
« Reply #7 on June 30, 2010, 05:26:07 pm by DearneValleyRover »
snods big brother wrote:
Quote
DearneValleyRover wrote:
Quote
Leicester have already mismanaged before and yet seem to be doing so again.


They are not the only club that has mismanaged before - I seem to remember that the Rovers have mismanaged many times in the past - admittedly not under the present management but certainly with previous boards - should we be waged capped then?


If we are offering wages we cannot afford and are teetering on the brink of administration yes. We aren't doing that but it does appear that nearly half the teams in our division are. I accept that we are very lucky having the board we have.

Drover

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Re:Leicester the next club to implode ?
« Reply #8 on June 30, 2010, 06:26:17 pm by Drover »
snods big brother wrote:
Quote
DearneValleyRover wrote:
Quote
Leicester have already mismanaged before and yet seem to be doing so again.


They are not the only club that has mismanaged before - I seem to remember that the Rovers have mismanaged many times in the past - admittedly not under the present management but certainly with previous boards - should we be waged capped then?


The quick answer YES.The wage cap should be equal across the league they are in.If they bring a wage cap in I don't think they let one club have higher than another unless its based on turnover.
I have wanted the administration of clubs to become fairer for a long time.If a club continuosly keeps making a loss and does not find funds to cover them then there should be a limit to how much debt they can be allowed to collect depending on how much their turnover is.Once they reach that limit then they should be given 6 months to turn it round if not and they carry on collecting debt then they should be put into administration but they should not be allowed to carry on or restart again unless they A)Change their name b)sell all their assets bar basics and c)most importantly only be allowed to sign free transfers on a wage cap salary until they pay all there creditors first from the previous clubs debts. If a club goes bust then the should stay bust unless the previous debt is paid.

Dr Fundlekrotch

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Re:Leicester the next club to implode ?
« Reply #9 on June 30, 2010, 08:28:51 pm by Dr Fundlekrotch »
In France, all clubs appear before the DCNG in the Summer and present their finances, their budgets and their plans.  The DCNG board then decide what their playing budget will be for the forthcoming season and have the power to veto a promotion, or throw in a relegation if they think that financially that is the best place for the club to compete.  I can't think of any French clubs coming close to anything akin to administration in the 9 or 10 years that I've been following French footy, so it must work

 

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