JohannGE
26th March 2009, 17:36
"Wigan chairman Dave Whelan has warned of the risks of a Premier League club going bankrupt. The likes of Manchester City, Manchester United and Chelsea continue to run their clubs with a high level of debt.
But Whelan believes that a major club will soon go bust and has called on football's governing bodies to insist that club ownership is based around buying shares rather than the use of financial loans. "
http://www.oddspreview.com/category/Football/Premier-League-clubs-could-go-bankrupt-warns-Wigan-chairman-200903250014/
"English football has amassed debts of around £3 billion at all levels of the game and a top club could fold in the current financial climate, according to FA chairman Lord Triesman."
http://uk.eurosport.yahoo.com/08102008/58/premier-league-english-clubs-3bn-red.html
If true, might this herald the begining of the end for the capitalist takeover of English football.
The hype and increasing comercialisation may have brought some of the worlds top players here. It has also encouraged people who would never have had any interest in "old school" football to pick a team (usualy a successfull one) to passionatly suppport. I am not convinced though that this has had any real benefit for the traditional football supporter. OK, if you can afford it and get hold of a scarce ticket, you can go to Old Trafford, Anfield etc and see some incredible skills on show. I would enjoy that as much as anyone but am not convinced that I enjoy the game anymore than I did when it was a poor mans sport and half the players would be from the host city or town.
In fact I think if anything the trendifying of football has distanced the average supporter from the team they support. I could no longer afford to attend every home match and would certainly struggle to afford to take a couple of children along as my father used to. Another drawback to the modern cut throut game is the absolute neccesity for "success". It is a sad sight to see stadiums emptying 20 mins before the end of a game simply because the home team are having a bad game and loosing 2 - 0. That should be the time a true supporter would stay and, well, "support" their team.
In short, I don't think I will not be too sorry to see the yuppie prawn cocktail eating crowd to clear of back to golf or motor racing and allow football to return to it's pie and peas working class roots.
Come on you uuuuuuuuuull
But Whelan believes that a major club will soon go bust and has called on football's governing bodies to insist that club ownership is based around buying shares rather than the use of financial loans. "
http://www.oddspreview.com/category/Football/Premier-League-clubs-could-go-bankrupt-warns-Wigan-chairman-200903250014/
"English football has amassed debts of around £3 billion at all levels of the game and a top club could fold in the current financial climate, according to FA chairman Lord Triesman."
http://uk.eurosport.yahoo.com/08102008/58/premier-league-english-clubs-3bn-red.html
If true, might this herald the begining of the end for the capitalist takeover of English football.
The hype and increasing comercialisation may have brought some of the worlds top players here. It has also encouraged people who would never have had any interest in "old school" football to pick a team (usualy a successfull one) to passionatly suppport. I am not convinced though that this has had any real benefit for the traditional football supporter. OK, if you can afford it and get hold of a scarce ticket, you can go to Old Trafford, Anfield etc and see some incredible skills on show. I would enjoy that as much as anyone but am not convinced that I enjoy the game anymore than I did when it was a poor mans sport and half the players would be from the host city or town.
In fact I think if anything the trendifying of football has distanced the average supporter from the team they support. I could no longer afford to attend every home match and would certainly struggle to afford to take a couple of children along as my father used to. Another drawback to the modern cut throut game is the absolute neccesity for "success". It is a sad sight to see stadiums emptying 20 mins before the end of a game simply because the home team are having a bad game and loosing 2 - 0. That should be the time a true supporter would stay and, well, "support" their team.
In short, I don't think I will not be too sorry to see the yuppie prawn cocktail eating crowd to clear of back to golf or motor racing and allow football to return to it's pie and peas working class roots.
Come on you uuuuuuuuuull