Limecat
Banned
Registered: 25th Jun 05
Location: The Internet
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Don't agree with me Costco. I will have to go for a shower and clean myself with BLEACH! 
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Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
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When you're right I'll agree with you - luckily for you and your skin it's not very often.
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Limecat
Banned
Registered: 25th Jun 05
Location: The Internet
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quote:
Originally posted by Cosmo
When you're right I'll agree with you - luckily for you and your skin it's not very often.
I'm not black, I need no domestos...
...oh shit, I didn't just post that did I...
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cavmad
Member
Registered: 25th Feb 06
Location: Fucking annoying, unfunny, twatbag cavmad *racist
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quote:
Originally posted by strick206
quote:
Originally posted by cavmad
Point me to a club in the Premier League (or any of the leagues actually) who are making money and for each one you find I'll guarantee I'll wager there's five more losing money.
There is no reason to buy a club as business unless the owners are terminally stupid or vain as they are not going to make any money at it. Liverpool and United are prime examples of this.
Strick: So in your analagy Portsmouth went bust because they're not 'one of the biggest clubs in the world' as that's crtainly how it reads? So please explain why Liverpool (who you described as the, or one of the, biggest clubs in the world owe so much money and are hovering round the end of Shit Street.
Running a club as a business is how it should be run, you only have to look at wigan, they get about 12 people in attendance every week, yet they make a profit and are in the biggest league in the world (well, until they get relegated this coming season because the current manager is clueless)
Read my post properly and you will see i said Manchester United are the biggest club, or one of the biggest, in the world.
Liverpool and United are completely different to pompey, pompey hit shit creek because of poor spending, massive wages and also not a very good revenue
United have considerably more TV money, they get money for playing in the champions league, and they also get much more in attendance money and league finishing position money.
They also have a good wage structure and spend money on players using money they have put aside just for this purpose
Pompey went hell for leather with a corrupt manager and poor chairman buying anyone and everyone on big contracts, not actually paying for them, thus owing the clubs money, and then using all the money up to pay the wages.
I would be willing to back pompey's debt to club value ratio is also much much higher than United's or Liverpool's for that matter
Some fair points, but Liverpool and United are still losing money so how do you explain that? Certainly in the case of Liverpool it's because of more than one shit signing and the fact they ahve won fuck all/not finished high enough in the lague to get any extra revenue.
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Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
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Wenger may be up there with the best per £ spent but the fact that they haven't won the league for the last few years and his reluctance to actually buy someone would suggest he is certainly not one of the general best any more.
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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I'm sorry but did I see right that LET called Strick a muppet and then went on to say that Wenger is the 2nd best manager in the world?
Pot, Kettle, Black.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Cav - the reason liverpool and united are not making huge profits has, in our case, nothing to do with not winning things. It has everything to do with having the owners purchase debt on the club which has huge interest charges that need to be paid. Much like how united, who have been winning things in recent years, are still making massive losses.
And just FYI, Liverpool as a club actually made record profits at the last accounts. It's holding company actually made the losses due to the loans stated above.
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cavmad
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Registered: 25th Feb 06
Location: Fucking annoying, unfunny, twatbag cavmad *racist
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I see your point but surely they're losing fortunes by not being in (or winning) the Champion's League or Premier League.
There is more chance of someone buying Utd or Liverpool as you have said but it doesn't guarantee anything unfortunately.
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strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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I would imagine Liverpool have never budgetted for winning the PL, and they probably budget for europa league football anyway
United won't budget for winning the PL either, but they probably do budget for champions league money
I would also like to bet United are making profits, just the debt payments loaded onto the club are causing the losses, same as liverpool
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strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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quote:
Originally posted by LETGSI16V
Sorry, I misinterpreted 'corrupt' as you slating him. Could you state how he is corrupt?
1. Isn't he getting dragged through the mud at the minute relating to dodgy agents fees etc in transfers?
2. Spread betting time of first throw in, punting manager markets he's involved in
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by strick206
I would imagine Liverpool have never budgetted for winning the PL, and they probably budget for europa league football anyway
United won't budget for winning the PL either, but they probably do budget for champions league money
I would also like to bet United are making profits, just the debt payments loaded onto the club are causing the losses, same as liverpool
We actually do budget for CL qualification iirc, but not to go any further than the group. So a semi-decent run in the Europa covers this amount (as confirmed by the Managing Director last season).
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