
yipyee
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Everything posted by yipyee
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Why would you 'call a debt in' in you knew that they couldn't pay? If you were a lender you would set up a payment plan to recover as much as you can! In reality these loans are 'gifts' dressed up as loans for tax purposes, it also allows for bargaining tools to get their own way....aka OK at bradford.... Whats interesting is that these 'loans' are common place in soccer but no one bats an eyelid!
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whose 68mil in debt? Who to? Is it secured debt? Bolton wanderers are 130 odd million in debt.... operational loss of 50 mill in 1 season so again which clubs are in debt, is it manageble (who to) I should imagine there are 1 or 2 clubs who are massively in debt and the vast majority very little if at all! Are most the debts directors loans therefore the debt is imaginary. ....
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The irony there is that they wouldn't have got relegated so the lucky was also unlucky? With P & R any club can overspend and make it to the top.....its when they are on the way back down the damage is caused...... If you look at the latest financial report for Bolton Wanderers it becomes clear the true effects of P & R (and they had a parachute payment)! P & R is fine if the clubs are on a level playing field but you need to split into divisions of current ability....This model does not work in the 21st century! The tier system in RL was to address this and works to a degree....At the lower end it is deemed sensible and is championed......... tier 4 has P & R but once you hit the top division you need to apply and meet criteria to join tier 3, Tier 3 has P & R and again you hit a plateau where you then need to apply and meet criteria to advance to tier 2, once this championed logic is applied to Tier 2-1 it causes outrage! Part of the issue is when tier 1 was expanded to 14 and 2 clubs failed they should have immediately shrunk back to 12.....
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Sorry you will have to spell this one out. .... You don't want to watch SL as leigh don't play in it but if next season the structure changes you will be happy to watch SL with leigh not in it? Also which aussies will come over for 25k?? Which relegated clubs players will be happy to drop to 25k earnings? You also aren't factoring in coaches and other staff? Who will operate the training facilities cook the food....all the other jobs associated with Full time training! You open a facility FT you need the staff!
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No it wasn't widnes it was cas who bounced back, widnes were relegated under your much treasured system, if widnes suffered it was because of P&R!All clubs agreed to relegate 2 and promote 2 before the season began! Widnes finished within these 2 places, there was no juggling! And they hardly won promotion on the pitch either! Ok catalans never came from the championship but they Could have, its not really relevant to widnes being relegated and becoming a feeder club! Now please stop spouting off nonsense!
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If thatis the case and the bbottom wasn't competitive (which i was) why did tthey add2 teams? The situation was it was competitive with 10 heartland clubs (plus London and catalan) London was going well with mac in charge and youth making the england squad, so they tried adding two clubs, a heartland club and an expansion club the two added clubs both failed, one was rescued and one was replaced with a feeder club, at this point the league should have reverted back.....instead they carried on, unfortunately hitting a recession, operating at 14 clubs when the optimum is 12, If the SL reverted back to 12 with only 10 heartland clubs it will once again be competitive , (presuming London wil be ok). OOncee the country has recovered it may in time be ok to expand once again....