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Thread: Footballing Austerity

  1. #1
    Join Date
    Mar 2004
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    15,693

    Footballing Austerity

    On the day the BBC reports:-

    "Football must "reset" after the coronavirus pandemic "shone a light on the culture of unfair pay" in the sport, says a government report." (https://www.bbc.com/sport/53496696)

    it also reports:-

    "Arsenal are set to offer Gabon striker Pierre-Emerick Aubameyang, 31, a new contract worth about 250,000 a week plus bonuses as they try to convince him to stay" (https://www.bbc.com/sport/53495014)

    Hmmmmm.......!

  2. #2
    Frankly there needs to be a tax on the PL now if clubs used the furlough system.

    To not be able to pay 15-50k a year salaries for some staff but to afford to pay 100k+ weekly wages to players is beyond the pale.

  3. #3
    Quote Originally Posted by Citizen Erased View Post
    Frankly there needs to be a tax on the PL now if clubs used the furlough system.

    To not be able to pay 15-50k a year salaries for some staff but to afford to pay 100k+ weekly wages to players is beyond the pale.
    It's hard to argue against that.

    With regards to football finances there are a few things I'd like to see introduced:

    1. Every club must service a bond (in favour of the League) to an agreed amount, and dependent upon the division. If a club fails financially then the bond is to be used to service debt, and continue the running of the club pending change of ownership. Calling upon the bond immediately forfeits current club ownership. Having the means to service the bond should be part of the Fit & Proper persons test when scrutinising potential new owners.

    2. HMRC should be asked to report to the League the very moment a club defaults on tax liabilities. As things are things rumble on and on until HMRC has enough and seeks a winding up order. Early warning signs shouldn't be ignored.

    3. Squad sizes should be capped (to lower numbers than at present).

    4. All agents fees and expenses should be paid by the player. No ifs or buts, make that a rule.

    5. Parachute payments should be abolished.

    6. Related to 5 (above), it should be mandatory for all player contracts to include a relegation clause whereby wages should reduce to a level commensurate with the clubs drop in revenue.

    7. Restrict the number of loan players (in an attempt to stop the big clubs from hoarding players).

    That's just for starters....

  4. #4
    Join Date
    Mar 2004
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    15,693
    Quote Originally Posted by Grumpy King of the West View Post
    It's hard to argue against that.

    With regards to football finances there are a few things I'd like to see introduced:

    1. Every club must service a bond (in favour of the League) to an agreed amount, and dependent upon the division. If a club fails financially then the bond is to be used to service debt, and continue the running of the club pending change of ownership. Calling upon the bond immediately forfeits current club ownership. Having the means to service the bond should be part of the Fit & Proper persons test when scrutinising potential new owners.

    2. HMRC should be asked to report to the League the very moment a club defaults on tax liabilities. As things are things rumble on and on until HMRC has enough and seeks a winding up order. Early warning signs shouldn't be ignored.

    3. Squad sizes should be capped (to lower numbers than at present).

    4. All agents fees and expenses should be paid by the player. No ifs or buts, make that a rule.

    5. Parachute payments should be abolished.

    6. Related to 5 (above), it should be mandatory for all player contracts to include a relegation clause whereby wages should reduce to a level commensurate with the clubs drop in revenue.

    7. Restrict the number of loan players (in an attempt to stop the big clubs from hoarding players).

    That's just for starters....
    I like your manifesto GKOTW. When are the elections

  5. #5
    No point have more rules if the current ones aren't enforced.

    "Some" clubs have more money than the sport, its governing body, the leagues or the courts. Whilst ever this is the case we will keep seeing it happen.

  6. #6
    Join Date
    Sep 2005
    Posts
    5,883
    In a few short months everything will return to normal. Players will get richer. All the millionaire tax dodgers will be out of hiding, and we'll all be passing care workers in the street, and not noticing them.

  7. #7
    Join Date
    Jan 2008
    Posts
    30,880
    Quote Originally Posted by Grumpy King of the West View Post
    It's hard to argue against that.

    With regards to football finances there are a few things I'd like to see introduced:

    1. Every club must service a bond (in favour of the League) to an agreed amount, and dependent upon the division. If a club fails financially then the bond is to be used to service debt, and continue the running of the club pending change of ownership. Calling upon the bond immediately forfeits current club ownership. Having the means to service the bond should be part of the Fit & Proper persons test when scrutinising potential new owners.

    2. HMRC should be asked to report to the League the very moment a club defaults on tax liabilities. As things are things rumble on and on until HMRC has enough and seeks a winding up order. Early warning signs shouldn't be ignored.

    3. Squad sizes should be capped (to lower numbers than at present).

    4. All agents fees and expenses should be paid by the player. No ifs or buts, make that a rule.

    5. Parachute payments should be abolished.

    6. Related to 5 (above), it should be mandatory for all player contracts to include a relegation clause whereby wages should reduce to a level commensurate with the clubs drop in revenue.

    7. Restrict the number of loan players (in an attempt to stop the big clubs from hoarding players).

    That's just for starters....
    Excellent points. Grumps for Presidente' of ALL leagues with immediate effect.

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