MarcusH26 said:

https://www.thetimes.com/sport/football/article/sheffield-wednesday-takeover-james-bord-sued-k9df9z5jm

Well the preferred bidder is now being sued by his former business partner for misleading him over the Spanish side Cordoba he owns.... 

Under a paywall......cant read it.

In case the link doesn't work. 

Given the characters that made up the consortium... I am just shocked... shocked I tells ya

Definitely dodgy yet it will go through and once again the EFL will deny any responsibility in allowing a club to pass into such unsatisfactory hands

Why do we think this new bloke wants to buy them. What’s his angle ?

charltonbob said:

BalladMan said:

As per times article. Current preferred bidder has offered 32.5m, significantly more than the other bidders. There is a reason for that and it won’t end well for them. 

Any thoughts on the reason or just a hunch ? I haven't the faintest so not a dig.

Much like as now coming out of the woodwork with Sandgaard, a way to bury ill gotten gains.  Obviously just a hunch though, as I am sure he has sheffields bests interests at heart. 

Leroy Ambrose said:

I maintain, and have done for years, that the only way the absolute fucking shambles that is football finance is sorted out is for one or more 'big' clubs to go to the wall. Wednesday are absolutely fucked, and in any other business they'd have been gutted and picked over by vultures by now. It's ludicrous. 

I think that sorts out the EFL only though, not English football finance as a whole. Say Wednesday and Leicester disappear, then things would change for way finance works for EFL clubs.

Sadly, the Premier League wouldn't care and I doubt they would agree to any changes. In fact, the Premier League may use the collapse of these big clubs, to force a closure of the league with no relegations, saying that they can't allow any more big clubs to go to EFL and become bankrupt. 

stoneroses19 said:

Leroy Ambrose said:

I maintain, and have done for years, that the only way the absolute fucking shambles that is football finance is sorted out is for one or more 'big' clubs to go to the wall. Wednesday are absolutely fucked, and in any other business they'd have been gutted and picked over by vultures by now. It's ludicrous. 

I think that sorts out the EFL only though, not English football finance as a whole. Say Wednesday and Leicester disappear, then things would change for way finance works for EFL clubs.

Sadly, the Premier League wouldn't care and I doubt they would agree to any changes. In fact, the Premier League may use the collapse of these big clubs, to force a closure of the league with no relegations, saying that they can't allow any more big clubs to go to EFL and become bankrupt. 

Without the threat of relegation PL owners then have the option of not competing, not spending and basically using the clubs revenues as a cash cow and settling for a place at the bottom of the league.

Except, take away the competition and the PL product becomes stale and eventually nobody will want to watch it; take away the spending and eventually there is no pyramid of EFL and foreign clubs producing players and so the football becomes stale and nobody will want to watch it; and use the clubs as a cash cow instead of pumping money into the clubs and you eventually end up with modern equivalents if 1970s stadiums and nobody will want to go and watch it.

msomerton said:

letthegoodtimesroll said:

stoneroses19 said:

Leroy Ambrose said:

I maintain, and have done for years, that the only way the absolute fucking shambles that is football finance is sorted out is for one or more 'big' clubs to go to the wall. Wednesday are absolutely fucked, and in any other business they'd have been gutted and picked over by vultures by now. It's ludicrous. 

I think that sorts out the EFL only though, not English football finance as a whole. Say Wednesday and Leicester disappear, then things would change for way finance works for EFL clubs.

Sadly, the Premier League wouldn't care and I doubt they would agree to any changes. In fact, the Premier League may use the collapse of these big clubs, to force a closure of the league with no relegations, saying that they can't allow any more big clubs to go to EFL and become bankrupt. 

Without the threat of relegation PL owners then have the option of not competing, not spending and basically using the clubs revenues as a cash cow and settling for a place at the bottom of the league.

Except, take away the competition and the PL product becomes stale and eventually nobody will want to watch it; take away the spending and eventually there is no pyramid of EFL and foreign clubs producing players and so the football becomes stale and nobody will want to watch it; and use the clubs as a cash cow instead of pumping money into the clubs and you eventually end up with modern equivalents if 1970s stadiums and nobody will want to go and watch it.

They do not have promotion or relegation in USA sports, they seem to be fine by that, unfortunately this is what I expect to be the consequence of the USA take over of English football.

If The Premier League becomes a closed shop then what’s the point. Will kill everything outside of it and eventually kill off The PL too. If I’m honest I’m not sure the English football public will accept it. I hope not.

msomerton said:

letthegoodtimesroll said:

stoneroses19 said:

Leroy Ambrose said:

I maintain, and have done for years, that the only way the absolute fucking shambles that is football finance is sorted out is for one or more 'big' clubs to go to the wall. Wednesday are absolutely fucked, and in any other business they'd have been gutted and picked over by vultures by now. It's ludicrous. 

I think that sorts out the EFL only though, not English football finance as a whole. Say Wednesday and Leicester disappear, then things would change for way finance works for EFL clubs.

Sadly, the Premier League wouldn't care and I doubt they would agree to any changes. In fact, the Premier League may use the collapse of these big clubs, to force a closure of the league with no relegations, saying that they can't allow any more big clubs to go to EFL and become bankrupt. 

Without the threat of relegation PL owners then have the option of not competing, not spending and basically using the clubs revenues as a cash cow and settling for a place at the bottom of the league.

Except, take away the competition and the PL product becomes stale and eventually nobody will want to watch it; take away the spending and eventually there is no pyramid of EFL and foreign clubs producing players and so the football becomes stale and nobody will want to watch it; and use the clubs as a cash cow instead of pumping money into the clubs and you eventually end up with modern equivalents if 1970s stadiums and nobody will want to go and watch it.

They do not have promotion or relegation in USA sports, they seem to be fine by that, unfortunately this is what I expect to be the consequence of the USA take over of English football.

US sports may not have promotion or relegation (nor in Australia in football or rugby) but what they do have is a strong equalisation policy. It's not in the leagues' interests to have the same teams winning everything or permanently struggling (although in rare cases that does happen over a period of a few years); "any given Sunday" and all that.

The annual draft of young talent (from the colleges in the case of the US, U18s in the AFL) is geared so that the worst teams get the first dibs at the up-and-coming youngsters and the more successful you are one season the harder your schedule the next. They also have salary caps and other spending restrictions in place to stop the bigger teams splashing the cash to make their way to the top.

The Premier League have none of that: everyone plays everyone else so there's no difference in your playing schedule apart from timing; there's no salary cap. The only financial restriction in play is the financial losses over a period of years and that's more a mechanism to stop newly-minted clubs from joining the party at the top and spoiling the so-called big clubs' fun.

Briston_Addick said:

msomerton said:

letthegoodtimesroll said:

stoneroses19 said:

Leroy Ambrose said:

I maintain, and have done for years, that the only way the absolute fucking shambles that is football finance is sorted out is for one or more 'big' clubs to go to the wall. Wednesday are absolutely fucked, and in any other business they'd have been gutted and picked over by vultures by now. It's ludicrous. 

I think that sorts out the EFL only though, not English football finance as a whole. Say Wednesday and Leicester disappear, then things would change for way finance works for EFL clubs.

Sadly, the Premier League wouldn't care and I doubt they would agree to any changes. In fact, the Premier League may use the collapse of these big clubs, to force a closure of the league with no relegations, saying that they can't allow any more big clubs to go to EFL and become bankrupt. 

Without the threat of relegation PL owners then have the option of not competing, not spending and basically using the clubs revenues as a cash cow and settling for a place at the bottom of the league.

Except, take away the competition and the PL product becomes stale and eventually nobody will want to watch it; take away the spending and eventually there is no pyramid of EFL and foreign clubs producing players and so the football becomes stale and nobody will want to watch it; and use the clubs as a cash cow instead of pumping money into the clubs and you eventually end up with modern equivalents if 1970s stadiums and nobody will want to go and watch it.

They do not have promotion or relegation in USA sports, they seem to be fine by that, unfortunately this is what I expect to be the consequence of the USA take over of English football.

US sports may not have promotion or relegation (nor in Australia in football or rugby) but what they do have is a strong equalisation policy. It's not in the leagues' interests to have the same teams winning everything or permanently struggling (although in rare cases that does happen over a period of a few years); "any given Sunday" and all that.

The annual draft of young talent (from the colleges in the case of the US, U18s in the AFL) is geared so that the worst teams get the first dibs at the up-and-coming youngsters and the more successful you are one season the harder your schedule the next. They also have salary caps and other spending restrictions in place to stop the bigger teams splashing the cash to make their way to the top.

The Premier League have none of that: everyone plays everyone else so there's no difference in your playing schedule apart from timing; there's no salary cap. The only financial restriction in play is the financial losses over a period of years and that's more a mechanism to stop newly-minted clubs from joining the party at the top and spoiling the so-called big clubs' fun.

The NBA in particular now has a 'tanking' issue though where some teams are just writing off months of a season and actively looking to lose just so they can be in a prime position to get the best draft prospects.