Attention: Please take a moment to consider our terms and conditions before posting.
Championship faces financial catastrophe
Comments
-
Well, yes, but they’re put under pressure from the other clubs above them who have the Champion League money, and then this pressure gets pushed lower down the league.Stu_of_Kunming said:
Surely it's on the clubs for paying out wages they cant afford?jimmymelrose said:
But it’s not directly down to them. It’s down to the players’ wage demands. If the top clubs pay huge amounts then this filters down, and if all but 5 clubs in the Premier League lose money then is it not the European competitions’ money that is the root cause?up_the_valley said:Creation of the Premier League in 1992 + Sky has slowly suffocated football financially.
What I don’t understand is if it’s now unprofitable outide the European spaces, why is there still so much clamour to get in The Premier League by Championship clubs.1 -
Well, maybe that’s true, but I and two others were still under this impression. This isn’t helped by our current owners, or rather their management team, still talking about us not overstretching ourselves.fenaddick said:
If you’re using Murray as a reference point then you’re about 15 years out of date. The changes in football finance over the last 10 years or so have been seismic.jimmymelrose said:
I’ll be another person to support this post. It was definitely said that we needed to get to The Championship to survive financially. Wasn’t it Richard Murray who said this?msomerton said:
many people on Charlton life kept saying we have to get to the Championship, as we cold not survive financialy league 1. We would lose less money in league 1 as wages are lower by a country mile.blackpool72 said:
Said nobody_uptheaddicks said:Odd, it was being referenced that our financial performance could only ever be stable if we were in the Championship.
Pretty much every club outside the Premier league loses money.
Regarding Charlton the only way our owners can make money is if we reach the Premier League
I think in recent times peoples comments about the Championship have been in reference to League One rather than anything else. Ticket revenue is a drop in the ocean but more full stadiums should mean better sponsorship deals and increased hospitality revenue, especially if the hospitality is improved. Being in the Championship also makes you more appealing to a certain class of investors which means the load can be spread by the owners. If we’d stayed in League One for much longer I imagine the financial outlook could have been a disaster.
In reality there are very few clubs in England that are financially stable and even some of the big ones massively depend on their on pitch performance0 -
Yeah.... that's what I was thinking. Its the salaries and transfer fees that are the major cost leading to losses, right?Crispywood said:If it ever got to that sort of emergency stage I’m sure they would start implementing salary caps or tighter financial restrictions. Yes it would create an even bigger gap between the premier league and EFL but ensuring there’s not another Bury is the most important thing
0 -
Saved me posting the same.mascot88 said:It's the way it's been for a long time and the way it will remain -
More money in the Prem more money will be spent in the champ to get there.
The big problem hits when owners gamble hard and lose - Like Sheff Weds for example.
I don't see the division or the teams in it disappearing any time soon.
We will have the odd loss of a club like a Bury but this has years to play out before a catastrophe occurs - More fool hardy owners will come and lose money and move on - the odd bad actor will damage a club for a decade, like us, but it won't all collapse like a house of cards imho.
The doom mongers have been preaching the end of English football clubs the whole of my life and no one of significance has ever gone bust.
Does anyone recall when football was dead when Trevor Francis became the first £1M player?3 -
Despite promotion leading to a 125% rise in revenue, Oxford’s annual loss rose 10% to £17.5m0
-
The economics of a club with a small capacity ground transitioning from L1 to the Championship. Ours should make interesting reading to see what difference the bigger capacity we have will makeAFKABartram said:Despite promotion leading to a 125% rise in revenue, Oxford’s annual loss rose 10% to £17.5m
.0 -
West Brom announce annual loss of £19m0
-
I wonder what impact the terrible events in the Middle East might have on the trophy clubs owned by them , e.g. City, Newcastle, PSG, if the war continues.
A direct impact on their oil and gas revenue, but also to the attractiveness of the region as a business and tourist destination.
It's the spending at the top of the game which has driven up wages and transfer fees for everyone.0 -
Interesting end to that article with Millwall attendance actually decreasing.clive said:Millwall have announced a pre-tax loss of £300,000 for the most recent financial year.
The Lions' accounts were aided by generating a £21.6m profit from player sales with the moves of Zian Flemming, to Burnley, and Romain Esse, to Crystal Palace, commanding significant fees.
The club made a loss of £19.1m the previous year.
Matchday income fell slightly from £7.4m in 2024 to £7.3m in 2025, as a result of a slight reduction in total matchday attendances for the season largely driven by lower season ticket sales.0 -
Sponsored links:
-
When does whichever company that owns Charlton this month/season publish its results ?0
-
Its usually this time of year but they will be fairly out of date due to promotion, everything will have changed massivelyletthegoodtimesroll said:When does whichever company that owns Charlton this month/season publish its results ?0 -
Ones we released last year was 3 weeks from now and most championship clubs have so l’d assume it won’t be too long.letthegoodtimesroll said:When does whichever company that owns Charlton this month/season publish its results ?0
