Vital Football

Latest Southampton FC News

Championship Clubs Spend More Than They Earn

Championship Clubs Spend More Than They Earn

Championship clubs` operating results worsened for the sixth consecutive year, to a record loss of £133m. 14 Championship clubs lost £5m or more at an operating level as opposed to 12 clubs in 2008/09 - in comparison only three clubs reported pre-tax profits.

With the money coming in from the new TV agreement dropping it is going to be harder for clubs to keep up with their expenditure on such as players and staff wages and costs in general.

"The Football League has calculated that over 80% of player contracts will have expired before the new TV deals start, which gives clubs time to reduce their cost base. However, financial history does not bode well. The League will be keen to encourage its members towards consensual solutions to assist with financial responsibility and stability for the well-being of the competition and its member clubs."

This is a problem that looks like it will worsen over the next year or so as players will be looking for the best deals available to them.

It is also a fact that generally automatic promotion to the premiership goes in the main to a club in the top six of the league in players wages costs.

With Southampton in safe hands at the moment I don't see the need for us Saints fans to worry over much as of yet.

However it is something that is now being discussed at some length by the Football League and new regulations are being prepared to govern the amount that clubs can spend in relation to the amount of revenue that a club collects.

With the clubs themselves voting to look at the way forward this will hopefully soon be a problem of the past. If it isn't checked the spending will send more clubs to the wall and some may never recover.

I am glad that we received the backing of our saviour when we did but do fear for the future of our game if something doesn't happen soon to ease the spending. Clubs with a benevolent back may feel safe but prices can only drop to a more realistic level once the regulations have been put in place in my opinion.

For one, I hope that it doesn't happen to late for some of the clubs currently struggling to make ends meet.



Join The Vital Debate



Click here to join in the debate on the club forum.

Writer:SFC Forever
Date:Sunday June 12 2011
Time: 10:35PM

Comments

0
The new agreement if it works could do a lot to bring down costs on the playing side of things.
sfc4ghg
12/06/2011 23:12:00
0
A recent Liverpool artical about the purchase of Charlie Adam has said that while Blackpool where in the Prem, Adam was valued at around 12m, now he is worth about 8m. That's 25% off and 4m gained by Liverpool due to Blackpools misfortune. This is the kind of thing that the League need to try to address. They could start by abolishing the tranbser window and taking against the media and preditory clubs "expressing an intrest" via the papers.
Jesus_02
13/06/2011 11:08:00
Page 1/1
  1. 1

Login to post a comment

Recent Southampton Articles

FA Cup Third Round - Full Draw (5/12/16)

The draw for the third round of the FA Cup took place earlier this evening.

Vital Preview - EFL Trophy, Round Two

These fixtures will be spread over a period of weeks! The first tie will involve Wolves and Sunderland on Monday with the final game of the round not played until the New Year.

Forster & Cedric On Palace Loss

Goalkeeper Fraser Forster and Cedric Soares have both given their reactions to Saturday's loss to Crystal Palace.

Puel On Palace Loss - Hapoel Next

Manager Claude Puel has admitted the first half performance cost Southampton in our loss on Saturday to Crystal Palace.

Archived Vital Saints Articles

Vital Saints articles from

Site Journalists

SFC Forever
no email
Profile
Vital Saint
Editor email
Profile
Matt Gardner
no email
Profile

Current Poll (see more polls)

Crystal Palace MotM
Suggested By:
Forster50%
Cedric0%
van Dijk50%
Fonte0%
Bertrand0%
Ward-Prowse0%
Romeu0%
Hojbjerg0%
Redmond0%
Austin0%
Boufal0%
Sub - Sims0%
Sub - McQueen0%
Sub - Long0%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Chelsea 14 11 1 2 34 21
2 Arsenal 14 9 4 1 31 19
3 Liverpool 14 9 3 2 30 17
4 Man City 14 9 3 2 30 15
5 Spurs 14 7 6 1 27 14
6 Man Utd 14 5 6 3 21 3
7 WBA 14 5 5 4 20 3
8 Everton 14 5 5 4 20 1
9 Stoke 14 5 4 5 19 -3
10 AFC Bournemouth 14 5 3 6 18 -3
11 Watford 14 5 3 6 18 -6
12 Southampton 14 4 5 5 17 -2
13 Middlesbrough 14 3 6 5 15 -2
14 Crystal Palace 14 4 2 8 14 -2
15 Burnley 14 4 2 8 14 -11
16 Leicester City 14 3 4 7 13 -7
17 West Ham 14 3 3 8 12 -14
18 Sunderland 14 3 2 9 11 -10
19 Hull City 14 3 2 9 11 -18
20 Swansea 14 2 3 9 9 -15
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Southampton Results (view all)

Southampton Fixtures (view all)

Dec 11 2016 2:15PM : Middlesbrough (H)
Barclays Premier League
Dec 14 2016 8:00PM : Stoke City (a)
Barclays Premier League
Dec 18 2016 1:30PM : AFC Bournemouth (a)
Barclays Premier League
Dec 28 2016 7:45PM : Tottenham Hotspur (H)
Barclays Premier League
Dec 31 2016 3:00PM : West Bromwich Albion (H)
Barclays Premier League
Jan 2 2017 3:00PM : Everton (a)
Barclays Premier League
The Vital Football Members League