the general Posted August 22, 2019 Share Posted August 22, 2019 Managers have now resigned!! Quote Link to comment Share on other sites More sharing options...
Mikey1874 Posted August 24, 2019 Share Posted August 24, 2019 Bolton have the same deadline as Bury to Tuesday 5pm. Not looking good. https://www.bbc.co.uk/sport/football/49462871 Quote Link to comment Share on other sites More sharing options...
swavkav Posted August 25, 2019 Share Posted August 25, 2019 The demise of the English game has started, the money the teams get out with the premier league and championship, is ripping them apart as they all have to spend to try and get in the top two leagues, more and more clubs will follow. Quote Link to comment Share on other sites More sharing options...
swavkav Posted August 25, 2019 Share Posted August 25, 2019 (edited) Double post Edited August 25, 2019 by swavkav Double post Quote Link to comment Share on other sites More sharing options...
jambostuart Posted August 25, 2019 Share Posted August 25, 2019 This might seem like a silly question because I don't follow English Football but did the clubs Vardy came from and Dele Alli (and the lad that played for Liverpool - Lambert?) ever make decent money of these players? Used to be these players would be bought by big clubs for a good sum (like ourselves and Niemi, Naysmith), but now it's just poach when you can (Paterson, although he did request the sell on fee Quote Link to comment Share on other sites More sharing options...
Kiwidoug Posted August 25, 2019 Share Posted August 25, 2019 On 22/08/2019 at 08:08, RobNox said: They are obviously following the Sevco model! Never made a profit since their inception in 2012, but still throwing money around on players. Thankfully at Hearts, we have an owner who has as one of her guiding principles that we must live within our means as a club. Posted profits every year since Ann took control. The way we are run and the FoH are nothing short of superb. This is the real and lasting legacy of the Romanov era and perhaps our entire history in a governance sense. Quote Link to comment Share on other sites More sharing options...
Dallas Green Posted August 25, 2019 Share Posted August 25, 2019 2 hours ago, jambostuart said: This might seem like a silly question because I don't follow English Football but did the clubs Vardy came from and Dele Alli (and the lad that played for Liverpool - Lambert?) ever make decent money of these players? Used to be these players would be bought by big clubs for a good sum (like ourselves and Niemi, Naysmith), but now it's just poach when you can (Paterson, although he did request the sell on fee Leicester paid £1 million plus add ons for Vardy. Dele Alli was bought for £5 million. Southampton bough Lambert for over £1 million then Liverpool bought him for £4 million plus add ons. The question becomes, do the clubs getting paid spend that money wisely? Quote Link to comment Share on other sites More sharing options...
Matthew Le Tissier Posted August 25, 2019 Share Posted August 25, 2019 Major issue for Bury with it being bank holiday weekend. Been announced the main the main financial advisor to the deal won’t be back till the Wednesday, but the deal has to be done by Tuesday 5pm Quote Link to comment Share on other sites More sharing options...
vasco Posted August 25, 2019 Share Posted August 25, 2019 I bumped into Bruce Rioch in Portree yesterday lunch-time, and he mentioned that he had had a call from the chairman of Bolton during the time he was manager to see if he would be interested in a consortium, presumably to take over and rectify matters. He seemed interested. Quote Link to comment Share on other sites More sharing options...
Maroon Sailor Posted August 26, 2019 Share Posted August 26, 2019 3 minutes ago, Barack said: Peter Kay could save them. Get Jenny the vixen onboard as well Quote Link to comment Share on other sites More sharing options...
XXX Posted August 26, 2019 Share Posted August 26, 2019 I don’t know why Bolton Wanderers were allowed to continue playing games and not Bury. This was always the likely outcome. Quote Link to comment Share on other sites More sharing options...
Mikey1874 Posted August 26, 2019 Share Posted August 26, 2019 Bolton and Bury going will mean no relegation from League 2. Probably cancel Bolton's results. Gives other teams opportunities. But probably not the last. Like everything once the unthinkable happens it isn't unthinkable any more. Quote Link to comment Share on other sites More sharing options...
CavySlaveJambo Posted August 26, 2019 Share Posted August 26, 2019 The Takeover of Bolton has fallen through and even though today is a bank holiday they have until 5pm tomorrow to save themselves (unless the EFL extends the deadlines again). Quote Link to comment Share on other sites More sharing options...
CJGJ Posted August 26, 2019 Share Posted August 26, 2019 A sad story of a rich man who bankrolled a club but placed the debt on the club whilst giving guarantees He suffers from ill health and interest wanes, the family try to save what they can whilst protecting their interests and slowly the fall begins..sales to third parties who frankly never had the funding , fall outs between partners who were in it for a quick buck Bolton as a club lived beyond its means, ran up massive debts and had no money...£172.9 million debt in 2014 with finance companies loaning monies to the 'owners' to purchase the club and those debts being unpaid. Anderson simply put puts money in on one hand and takes it all out and more on the other. A prime example of why the footballing authorities need to employ specialist staff to question ownership changes but the clubs refused such scrutiny recently. Fault lies with many parties and sad to say much of it with the person who allowed the debt to be run up, the manager who insisted on signings (how are you doing now Sam) chasing a dream that could never be realised. You can blame the authorities but the clubs do not want scrutiny of their affairs and without their okay football can do little Quote Link to comment Share on other sites More sharing options...
JamboAl Posted August 26, 2019 Share Posted August 26, 2019 7 minutes ago, CJGJ said: A sad story of a rich man who bankrolled a club but placed the debt on the club whilst giving guarantees He suffers from ill health and interest wanes, the family try to save what they can whilst protecting their interests and slowly the fall begins..sales to third parties who frankly never had the funding , fall outs between partners who were in it for a quick buck Bolton as a club lived beyond its means, ran up massive debts and had no money...£172.9 million debt in 2014 with finance companies loaning monies to the 'owners' to purchase the club and those debts being unpaid. Anderson simply put puts money in on one hand and takes it all out and more on the other. A prime example of why the footballing authorities need to employ specialist staff to question ownership changes but the clubs refused such scrutiny recently. Fault lies with many parties and sad to say much of it with the person who allowed the debt to be run up, the manager who insisted on signings (how are you doing now Sam) chasing a dream that could never be realised. You can blame the authorities but the clubs do not want scrutiny of their affairs and without their okay football can do little Good post. Maybe you should put this on the Ann Budge thread as well. Quote Link to comment Share on other sites More sharing options...
JackLadd Posted August 26, 2019 Share Posted August 26, 2019 Not to worry, just need to sell the assets and BINGO same club. Quote Link to comment Share on other sites More sharing options...
Mikey1874 Posted August 26, 2019 Share Posted August 26, 2019 22 minutes ago, CJGJ said: A sad story of a rich man who bankrolled a club but placed the debt on the club whilst giving guarantees He suffers from ill health and interest wanes, the family try to save what they can whilst protecting their interests and slowly the fall begins..sales to third parties who frankly never had the funding , fall outs between partners who were in it for a quick buck Bolton as a club lived beyond its means, ran up massive debts and had no money...£172.9 million debt in 2014 with finance companies loaning monies to the 'owners' to purchase the club and those debts being unpaid. Anderson simply put puts money in on one hand and takes it all out and more on the other. A prime example of why the footballing authorities need to employ specialist staff to question ownership changes but the clubs refused such scrutiny recently. Fault lies with many parties and sad to say much of it with the person who allowed the debt to be run up, the manager who insisted on signings (how are you doing now Sam) chasing a dream that could never be realised. You can blame the authorities but the clubs do not want scrutiny of their affairs and without their okay football can do little Challenge will be for EFL to change rules. Money no longer God. EFL got some credit for 12 point deduction to Birmingham. Part of the reason Championship sides are more reliant on loans though some major overspending there too chasing the Premier League riches. Wolves and Aston Villa were both spending £1 million a week above budget. Bolton (and Bury) going under will have some effect. How much remains to be seen. Quote Link to comment Share on other sites More sharing options...
CJGJ Posted August 26, 2019 Share Posted August 26, 2019 1 minute ago, Mikey1874 said: Challenge will be for EFL to change rules. Money no longer God. EFL got some credit for 12 point deduction to Birmingham. Part of the reason Championship sides are more reliant on loans though some major overspending there too chasing the Premier League riches. Wolves and Aston Villa were both spending £1 million a week above budget. Bolton (and Bury) going under will have some effect. How much remains to be seen. As in Scotland the clubs make the rules which fans seem to forget The EFL is trying but the clubs still refuse real 'interference' in the finances of their clubs and we know why in many cases. Quote Link to comment Share on other sites More sharing options...
G.Wright Posted August 26, 2019 Share Posted August 26, 2019 Always had a soft spot for Bolton so it's a shame to see this happen. The 'glory' years under Sam when they had Jay Jay, Heirro, Djorkaeff, Davies etc must have cost them. I'm not sure how much of it lands at Sam's door though, surely up to the board/owner to put the wage structure in place. Quote Link to comment Share on other sites More sharing options...
brunoatemyhamster Posted August 26, 2019 Share Posted August 26, 2019 BBC sport site using words and phrases like " Liquidation" and " cease to exist" in the same sentence. I'm confused. Quote Link to comment Share on other sites More sharing options...
Jambo-Fox Posted August 26, 2019 Share Posted August 26, 2019 Just a thought ....... and a way to escape the corrupt Scottish football cesspit .... buy the Bolton EFL share ..... relocate and rename them as Heart of Midlothian playing at Tynecastle ...... KO in the EFL division 1 ..... make good on the 12 point deduction ...... promotion to the Championship for start of season 21/22 and the EPL Premier League at some point after that ...... sounds exciting ... Just a thought .... Quote Link to comment Share on other sites More sharing options...
AJAMBO Posted August 26, 2019 Share Posted August 26, 2019 On 25/08/2019 at 06:20, Kiwidoug said: The way we are run an d the FoH are nothing short of superb. This is the real and lasting legacy of the Romanov era and perhaps our entire history in a governance sense. Interesting. Romanov knew hearts would be safe and is a fine benefactor takes insult on the chin and flashes a cheeky smile. He is treble wide. One day it will unfold Quote Link to comment Share on other sites More sharing options...
AJAMBO Posted August 26, 2019 Share Posted August 26, 2019 Just now, AJAMBO said: Interesting. Romanov knew hearts would be safe and is a fine benefactor takes insult on the chin and flashes a cheeky smile. He is treble wide. One day it will unfold Quote Link to comment Share on other sites More sharing options...
Mikey1874 Posted August 26, 2019 Share Posted August 26, 2019 22 minutes ago, Jambo-Fox said: Just a thought ....... and a way to escape the corrupt Scottish football cesspit .... buy the Bolton EFL share ..... relocate and rename them as Heart of Midlothian playing at Tynecastle ...... KO in the EFL division 1 ..... make good on the 12 point deduction ...... promotion to the Championship for start of season 21/22 and the EPL Premier League at some point after that ...... sounds exciting ... Just a thought .... Will be replaced next season by a side from League 2. Quote Link to comment Share on other sites More sharing options...
Des Lynam Posted August 26, 2019 Share Posted August 26, 2019 Boo hoo for Bolton? Quote Link to comment Share on other sites More sharing options...
skinnybob72 Posted August 26, 2019 Share Posted August 26, 2019 I was at the game on Saturday as my son is an Ipswich fan. A club in their death throws and they could only muster a crowd of 5k. Probably wouldn’t have made a difference if they had filled it given the finances but I recall some big crowds at Tynecastle in Hearts hour of Need when defiance was all we had. Quote Link to comment Share on other sites More sharing options...
smiler Posted August 26, 2019 Share Posted August 26, 2019 (edited) 1 hour ago, skinnybob72 said: I was at the game on Saturday as my son is an Ipswich fan. A club in their death throws and they could only muster a crowd of 5k. Probably wouldn’t have made a difference if they had filled it given the finances but I recall some big crowds at Tynecastle in Hearts hour of Need when defiance was all we had. What sort of crowds did they muster in their pomp? When they finished high in the premiership and played in Europe... Genuine question which admittedly I could have googled. Edited August 26, 2019 by smiler Quote Link to comment Share on other sites More sharing options...
skinnybob72 Posted August 26, 2019 Share Posted August 26, 2019 1 minute ago, smiler said: What sort of crowds did they muster in their pomp? When they finished high in the premiership and played in Europe... Genuine question which admittedly I could have googled. They’ve certainly averaged around 15k the last few years in the Champ. Quote Link to comment Share on other sites More sharing options...
gashauskis9 Posted August 26, 2019 Share Posted August 26, 2019 (edited) Salford will benefit nicely from the struggles at Bolton and Bury. Coincidence? Sad state of affairs, but this was always going to happen. There will be more, no doubt about it. Edited August 26, 2019 by Gashauskis9 Quote Link to comment Share on other sites More sharing options...
151 Posted August 26, 2019 Share Posted August 26, 2019 Knew English football would implode eventually from Sky etc. The death of the local side has begun. Quote Link to comment Share on other sites More sharing options...
smiler Posted August 26, 2019 Share Posted August 26, 2019 42 minutes ago, skinnybob72 said: They’ve certainly averaged around 15k the last few years in the Champ. That's sad they could only get 5k for maybe their last ever game. Quote Link to comment Share on other sites More sharing options...
Geoff Kilpatrick Posted August 26, 2019 Share Posted August 26, 2019 34 minutes ago, Gashauskis9 said: Salford will benefit nicely from the struggles at Bolton and Bury. Coincidence? Sad state of affairs, but this was always going to happen. There will be more, no doubt about it. How exactly? Quote Link to comment Share on other sites More sharing options...
smiler Posted August 26, 2019 Share Posted August 26, 2019 44 minutes ago, skinnybob72 said: They’ve certainly averaged around 15k the last few years in the Champ. That's sad they could only get 5k for possibly their last game. Quote Link to comment Share on other sites More sharing options...
XXX Posted August 26, 2019 Share Posted August 26, 2019 (edited) Wembley Stadium in 1923 as Bolton Wanderers beat West Ham 2-0 to win the FA Cup. Attendance: 126,047 (official) up to 300,000 (estimate). Edited August 26, 2019 by The Spy Who Loved Me Quote Link to comment Share on other sites More sharing options...
skinnybob72 Posted August 26, 2019 Share Posted August 26, 2019 20 minutes ago, The Spy Who Loved Me said: Wembley Stadium in 1923 as Bolton Wanderers beat West Ham 2-0 to win the FA Cup. Attendance: 126,047 (official) up to 300,000 (estimate). The White Horse Final as I think it’s known. Quote Link to comment Share on other sites More sharing options...
sac Posted August 26, 2019 Share Posted August 26, 2019 On 21/08/2019 at 19:57, Smith's right boot said: This is a truth. How football clubs can operate at a loss down there and continue to buy new players is beyond me. With the money about down there, it shouldn't happen to any club, the top clubs are greedy across the globe tho. However, I have no sympathy for a club that overspend then goes tits up. It's a bad business model and clubs ought to know better now. As always a Shame for non football playing staff and fans. Except sevco Quote Link to comment Share on other sites More sharing options...
Tommy Brown Posted August 26, 2019 Share Posted August 26, 2019 5 hours ago, brunoatemyhamster said: BBC sport site using words and phrases like " Liquidation" and " cease to exist" in the same sentence. I'm confused. Different in England. Quote Link to comment Share on other sites More sharing options...
AJAMBO Posted August 26, 2019 Share Posted August 26, 2019 Crazy . The debt loans avenue always end up in a money launderette their washed and spun till the value has been rinsed out. Corruption is rife. Good luck to Bury Bolton and the dozens of clubs facing their worst nitemare Quote Link to comment Share on other sites More sharing options...
shaun.lawson Posted August 27, 2019 Share Posted August 27, 2019 On 24/08/2019 at 21:24, swavkav said: The demise of the English game has started, the money the teams get out with the premier league and championship, is ripping them apart as they all have to spend to try and get in the top two leagues, more and more clubs will follow. 7 hours ago, Wham Bam Austin McCann said: Knew English football would implode eventually from Sky etc. The death of the local side has begun. Load of nonsense tbh. This stuff has been going on for decades. Yet attendances at all levels are superb, and there's well over 100 full time clubs in England. The pyramid works fantastically well: there's former Premier League clubs now in League Two, and former League Two clubs in the Premier League. No other country in the world has such a dynamic, thriving club system. Even Scottish football never "imploded" despite all sorts of clubs being on the verge of disaster at one point. It just adjusted step by step from a period around the turn of the century of total madness. In England, most clubs below the Championship have adjusted. It's in the Championship itself where most of the problems are - and the EFL has to act on that and make its current joke FFP rules serious and effective. In other countries, such as Italy - which also has a great history in the club game - clubs go bust and/or are kicked out of the league all the time. Yet strangely, no-one talks about their game having 'imploded'. Ditto France or Germany, where the authorities demote clubs which can't prove financial sustainability. There's plenty of things the EFL needs to do; and plenty of things the EPL should be helping with. But awfully sorry: a couple of clubs going bust, if indeed they do, means very little in terms of the bigger picture. Others will just take their place instead. Quote Link to comment Share on other sites More sharing options...
ri Alban Posted August 27, 2019 Share Posted August 27, 2019 15 minutes ago, shaun.lawson said: Load of nonsense tbh. This stuff has been going on for decades. Yet attendances at all levels are superb, and there's well over 100 full time clubs in England. The pyramid works fantastically well: there's former Premier League clubs now in League Two, and former League Two clubs in the Premier League. No other country in the world has such a dynamic, thriving club system. Even Scottish football never "imploded" despite all sorts of clubs being on the verge of disaster at one point. It just adjusted step by step from a period around the turn of the century of total madness. In England, most clubs below the Championship have adjusted. It's in the Championship itself where most of the problems are - and the EFL has to act on that and make its current joke FFP rules serious and effective. In other countries, such as Italy - which also has a great history in the club game - clubs go bust and/or are kicked out of the league all the time. Yet strangely, no-one talks about their game having 'imploded'. Ditto France or Germany, where the authorities demote clubs which can't prove financial sustainability. There's plenty of things the EFL needs to do; and plenty of things the EPL should be helping with. But awfully sorry: a couple of clubs going bust, if indeed they do, means very little in terms of the bigger picture. Others will just take their place instead. I was feeling sorry for Bolton and Bury. Not now! I hope they all go bust after reading your post. Quote Link to comment Share on other sites More sharing options...
shaun.lawson Posted August 27, 2019 Share Posted August 27, 2019 1 hour ago, ri Alban said: I was feeling sorry for Bolton and Bury. Not now! I hope they all go bust after reading your post. Typical English eh? Those ******* English. Quote Link to comment Share on other sites More sharing options...
151 Posted August 27, 2019 Share Posted August 27, 2019 2 hours ago, shaun.lawson said: Load of nonsense tbh. This stuff has been going on for decades. Yet attendances at all levels are superb, and there's well over 100 full time clubs in England. The pyramid works fantastically well: there's former Premier League clubs now in League Two, and former League Two clubs in the Premier League. No other country in the world has such a dynamic, thriving club system. Even Scottish football never "imploded" despite all sorts of clubs being on the verge of disaster at one point. It just adjusted step by step from a period around the turn of the century of total madness. In England, most clubs below the Championship have adjusted. It's in the Championship itself where most of the problems are - and the EFL has to act on that and make its current joke FFP rules serious and effective. In other countries, such as Italy - which also has a great history in the club game - clubs go bust and/or are kicked out of the league all the time. Yet strangely, no-one talks about their game having 'imploded'. Ditto France or Germany, where the authorities demote clubs which can't prove financial sustainability. There's plenty of things the EFL needs to do; and plenty of things the EPL should be helping with. But awfully sorry: a couple of clubs going bust, if indeed they do, means very little in terms of the bigger picture. Others will just take their place instead. So you reckon in Italy, France and Germany no one talks about the clubs who have gone bust? Quote Link to comment Share on other sites More sharing options...
Fire_At_The_Disco Posted August 27, 2019 Share Posted August 27, 2019 11 hours ago, The Spy Who Loved Me said: Wembley Stadium in 1923 as Bolton Wanderers beat West Ham 2-0 to win the FA Cup. Attendance: 126,047 (official) up to 300,000 (estimate). They were the days eh? Flat caps, woodbines and pish running down the back of yer legs. Quote Link to comment Share on other sites More sharing options...
Martin_T Posted August 27, 2019 Share Posted August 27, 2019 6 hours ago, shaun.lawson said: Load of nonsense tbh. This stuff has been going on for decades. Yet attendances at all levels are superb, and there's well over 100 full time clubs in England. The pyramid works fantastically well: there's former Premier League clubs now in League Two, and former League Two clubs in the Premier League. No other country in the world has such a dynamic, thriving club system. Even Scottish football never "imploded" despite all sorts of clubs being on the verge of disaster at one point. It just adjusted step by step from a period around the turn of the century of total madness. In England, most clubs below the Championship have adjusted. It's in the Championship itself where most of the problems are - and the EFL has to act on that and make its current joke FFP rules serious and effective. In other countries, such as Italy - which also has a great history in the club game - clubs go bust and/or are kicked out of the league all the time. Yet strangely, no-one talks about their game having 'imploded'. Ditto France or Germany, where the authorities demote clubs which can't prove financial sustainability. There's plenty of things the EFL needs to do; and plenty of things the EPL should be helping with. But awfully sorry: a couple of clubs going bust, if indeed they do, means very little in terms of the bigger picture. Others will just take their place instead. This is probably a bit rose tinted Shaun. The Championship is an absolute train wreck financially built on insane gambling that clubs will reach the promised land of the top division. In any given season only 3 out of 24 can do that and indeed 3 out of 24 risk even more financial destruction through relegation. Football world wide hasn't become a victim of market forces, particularly in Europe, for the past 25 years or so the elite clubs have been locked into the top positions. It's actually surprising that given this, more of the lesser clubs haven't started to wither. Quote Link to comment Share on other sites More sharing options...
shaun.lawson Posted August 27, 2019 Share Posted August 27, 2019 14 hours ago, Wham Bam Austin McCann said: So you reckon in Italy, France and Germany no one talks about the clubs who have gone bust? In all these countries, life goes on pretty much as before. And in Italy, of course, when big clubs go bust, they're given double promotions on "sporting merit" and are back in Serie A in next to no time. I'm not saying the Bolton and Bury situations aren't serious - of course they are - or that football finances aren't generally a mess. It's just that I've been hearing this stuff about "the bubble bursting" for 25 years now. Not only has it not done so - even after ITV Digital's collapse - but attendances are bigger now than at any point in that time, and somewhat bizarrely, foreign owners have even lined up to buy half the clubs in the Championship. Including Barnsley, for heaven's sake. Quote Link to comment Share on other sites More sharing options...
shaun.lawson Posted August 27, 2019 Share Posted August 27, 2019 10 hours ago, Martin_T said: This is probably a bit rose tinted Shaun. The Championship is an absolute train wreck financially built on insane gambling that clubs will reach the promised land of the top division. In any given season only 3 out of 24 can do that and indeed 3 out of 24 risk even more financial destruction through relegation. Football world wide hasn't become a victim of market forces, particularly in Europe, for the past 25 years or so the elite clubs have been locked into the top positions. It's actually surprising that given this, more of the lesser clubs haven't started to wither. I agree. But... they haven't. Personally, I find there being well over 100 full time clubs in England to be completely insane (I think League 2 and below should be regionalised, ie. there should only be three national levels) - but there are, and most of them are managing. A lot of people naturally focus on the financial gap between the EPL and Championship. I think the real gap is between the Championship and League 1. Just like between the Scottish Championship and League 1, there's many clubs who can't afford to be promoted: it's not remotely in their interests, because wages instantly become impossible. Clubs need gates of at least 15000 (20000 plus if they want to be competitive) to be sustainable in the English second tier. So if we take a club like Swindon - in the Prem as recently as 1993/4 - their investors actually pulled out because Di Canio looked like taking them into the Championship... and naturally, he immediately walked too. Quote Link to comment Share on other sites More sharing options...
CavySlaveJambo Posted August 27, 2019 Share Posted August 27, 2019 10 hours ago, Martin_T said: This is probably a bit rose tinted Shaun. The Championship is an absolute train wreck financially built on insane gambling that clubs will reach the promised land of the top division. In any given season only 3 out of 24 can do that and indeed 3 out of 24 risk even more financial destruction through relegation. Football world wide hasn't become a victim of market forces, particularly in Europe, for the past 25 years or so the elite clubs have been locked into the top positions. It's actually surprising that given this, more of the lesser clubs haven't started to wither. The Champinship has at least has some form of Financial Fair Play. It may not be te best., maybe it is time to extend it to league 1 and 2. Below that the National League is very strict about teams going into debt and if you have a CVA you are getting demoted to level 3 of the National League System. Quote Link to comment Share on other sites More sharing options...
shaun.lawson Posted August 27, 2019 Share Posted August 27, 2019 4 minutes ago, CavySlaveJambo said: The Champinship has at least has some form of Financial Fair Play. It may not be te best., maybe it is time to extend it to league 1 and 2. Below that the National League is very strict about teams going into debt and if you have a CVA you are getting demoted to level 3 of the National League System. It's more than extended in Leagues 1 and 2. It's a lot more stringent in both those divisions. The problem in the Championship is: 1. The nonsense loopholes used to circumvent it by various clubs 2. If a club is promoted, the EPL doesn't punish them, because it's a different league. Both points 1 and 2 need to be sorted out. Villa, Derby and Sheffield Wednesday all exploited ethically dubious loopholes last season. Wolves' level of overspending was extraordinary. Watford and Bournemouth received no punishment after going up. Etc etc etc. Quote Link to comment Share on other sites More sharing options...
XXX Posted August 27, 2019 Share Posted August 27, 2019 Withdrawal suspension lifted. Club now has 14 days to save itself. Quote Link to comment Share on other sites More sharing options...
Mikey1874 Posted August 27, 2019 Share Posted August 27, 2019 2 minutes ago, The Spy Who Loved Me said: Withdrawal suspension lifted. Club now has 14 days to save itself. Quote Link to comment Share on other sites More sharing options...
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