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Sheffield Wednesday - Into Administration (p44)
Comments
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Sheff Wed have finances to get through season
https://www.bbc.co.uk/sport/football/articles/cwyw78736r0o0 -
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....5 -
Under a paywall......cant read it.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....0 -
https://archive.is/20260216114950/https://www.thetimes.com/sport/football/article/sheffield-wednesday-takeover-james-bord-sued-k9df9z5jmgolfaddick said:
Under a paywall......cant read it.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....
Should work
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In case the link doesn't work.
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Sounds like out if the frying pan........
Is this the best the Administrators can do ?1 -
Given the characters that made up the consortium... I am just shocked... shocked I tells ya0
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Feel like the first owner post admin/issues is often poor, it’s who buys the club next that matters most1
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I have seen the deck doing the rounds for the club purchase. I think you would be mad to go in on them at the moment. Stadium is fucked, and will cost an unprecedented amount to sort. Think they are in a proper state.2
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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.3
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Sponsored links:
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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 hands1
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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.10
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Why do we think this new bloke wants to buy them. What’s his angle ?0
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Analytics guy that worked for Tony Bloom so probably the Brighton model without Bloom's financesShootersHillGuru said:Why do we think this new bloke wants to buy them. What’s his angle ?0 -
Or the actual model for which Bloom has the IPMarcusH26 said:
Analytics guy that worked for Tony Bloom so probably the Brighton model without Bloom's financesShootersHillGuru said:Why do we think this new bloke wants to buy them. What’s his angle ?1 -
Any thoughts on the reason or just a hunch ? I haven't the faintest so not a dig.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.0 -
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.charltonbob said:
Any thoughts on the reason or just a hunch ? I haven't the faintest so not a dig.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.1 -
Certainly not to the extent of Sheff Weds but i'd imagine Leicester would be pretty fucked if they drop into league one.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.0 -
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.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.
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.1 -
Yeah Leicester would be in the shit if they go down , Fatawu, Mavididi and a few academy talents are their main assets and there's a hell of a lot of unrest about how Vichais son runs (or doesn't) things.Chris_from_Sidcup said:
Certainly not to the extent of Sheff Weds but i'd imagine Leicester would be pretty fucked if they drop into league one.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.
Guess that's the problem when the owners wealth was so heavily tied into Duty Free.0 -
Sponsored links:
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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.stoneroses19 said:
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.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.
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.
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.0 -
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.letthegoodtimesroll said:
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.stoneroses19 said:
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.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.
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.
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.0 -
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:
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.letthegoodtimesroll said:
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.stoneroses19 said:
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.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.
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.
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.10 -
Remember Alan Sugar saying the same when he fcuk'd Spurs offLeroy 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.0 -
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.msomerton said:
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.letthegoodtimesroll said:
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.stoneroses19 said:
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.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.
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.
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.
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.3 -
And I’m pretty sure it would be illegal to try and set up a drafting process in the UK, as by definition, it restrict a person right to pick who they decide to work for. In fact, it’s illegal in the US - the leagues need special anti-trust law exemptions to operate it.Briston_Addick said:
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.msomerton said:
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.letthegoodtimesroll said:
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.stoneroses19 said:
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.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.
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.
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.
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.2 -
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.Briston_Addick said:
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.msomerton said:
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.letthegoodtimesroll said:
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.stoneroses19 said:
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.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.
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.
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.
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.3 -
I used to think like that, but you have only have to look at the 90s to see that it won't happen.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.
Leeds spent like crazy and nearly vanished completely so big was the financial hole they dug. Did the EPL find sanity and stop the crazy spending? Of course not, spending still went up every year, the Sky 4 just rewrote the deal to ensure they got a bigger slice of the pie and insulate themselves from financial oblivion.
If a big club were to go out of business then the Sky 6 (?) would use that as all the justification they need for the super league, claiming that purely national leagues simply aren't viable as evidenced by a big club folding.
In a sane world a big club folding should be a reality check, but greed doesn't care about sanity, or reason, or fairness, it just consumes until it either has everything or everything is destroyed.0 -
Seems only fitting to repay the favour of a few years ago HAHAHAHAHA take that you dicks0
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I’ll probably save the gloating until we know that we won’t be joining them.AberystwythAddick said:Seems only fitting to repay the favour of a few years ago HAHAHAHAHA take that you dicks
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