Interesting reading:- - view external link
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Interesting reading:- - view external link
I'm of the opinion that while all the money is all well and good, parachute payments etc, it often gives a relegated club an unfair advantage. Wolves had to prove it wasn't the case in their favour :blue:. I think even without these payments, clubs would be forced to live within their means. Clubs would be a lot more careful in what they spend and also players contracts would reflect more in relegation. But, as a side playing in the top flight, the money was rightly theirs. Two relegations have hit the Wolves big time though, parachute payments help cover the void.
I just found myself saying (whilst reading the article) and whose Bl00dy fault would that have been! Some Owners and CEO's are more interested in building stands a club doesn't need than going flat out to keep it in the land of Milk and Honey.
Taking into account this clubs incredible financial disasters of the last 40 years I find it very difficult to trust anybody at the 'top'!
Successful businessmen who come into football just don't get how a football club is run - its so removed from a normal business. Especially today when in the larger clubs even an 18 year old is on A£1000 plus per week and then you have the self appointed prima donnas who laugh at A£20k per week.And don't forget loose 3 matches on the trot and there is no question from thousands of fans that your motherless.Own a football club,no thanks.