Does the Premier League Need a Club to Go Bust to Teach it a Lesson?

May 19, 2022 0 Comments

The BBC Radio 5 Live Breakfast phone-in on Tuesday, 9th of February asked the question “does the Premier League need a club to go bust to teach it a lesson?” The consensus was that it would be a very sad day if this happened but there have been serious deficiencies in UK football for some time now and there were undoubtedly lessons to be learnt. There are clouds hanging over several Football League clubs at present including Portsmouth, Cardiff City, Crystal Palace and my local side Notts County, and it will be a surprise if there is not a victim during 2010. I have supported the Magpies since 1968 when I used to go down to Meadow Lane with my Grandfather and Uncle, and like so many supporters up and down the country would hate to see clubs with such history be lost forever.

Alan Sugar, the entrepreneur, well-known media personality and former owner and benefactor of Tottenham Hotspurs FC said at the start of the phone-in that too many football clubs have been irresponsible over the way they have been running their finances. It was inexcusable that some clubs were spending up to 90% of their income on salaries.

What has exacerbated the situation over the last ten years has been that the teams at the top have expanded out of proportion to those below. In the Premier League at present there is an elite “big 4” of Manchester United, Chelsea, Arsenal and Liverpool and the teams below are desperately trying to hang on to their “coat tails”. This has had a knock-on effect throughout all the other Divisions of the Football League and even out into the grass roots of park football.

As one gentleman commented on the phone-in, “if you had someone on your road who earned over £100k more than you did, you shouldn’t be trying to keep up with them.” Yet even though clubs outside the “big 4” hadn’t  ราคาต่อรองบอล ufabetgot the revenue or resources this is exactly what they were trying to do. Manchester United are reputedly paying Wayne Rooney £90k a week, Notts County are paying £15k a week to keep their goalkeeper Kasper Schmeichel and even some park football teams are paying their players £500 – £1,000 with the pretensions of beginning to climb up the football hierarchy. Sport is now so inbound with the quest for success that a lot of the innocent enjoyment has been lost forever.

The funding at the highest level has been by one or two very rich, mainly foreign, benefactors and media coverage but underneath there is a sticky cauldron of debt and of course ticket prices are now largely out of synch with other entertainment. As with other sectors of business, during this period of recession, a correction is now overdue. The cracks are beginning to appear and can’t be covered up any more.