Adver News: New TV deal could ruin lower league clubs - Booth

[News Monkey]

New TV deal could ruin lower league clubs - Booth
           

  The latest television rights deal could lead to as many as 23 clubs going out of business, according to Football Trade Directory's commercial director John Booth.

           

http://www.thisisswindontownfc.co.uk/news/headlines/8958440.New_TV_deal_could_ruin_lower_league_clubs___Booth/?ref=rss
           

[No Longer Posh Red]

Might be good news for us, if 23 clubs went out of business we might have a chance of staying up

[bigbobjoylove]

"“Without naming names I know of at least 10 Football League clubs who are very close to going to the wall,” he said. "

Plymouth, Acrington (their manager is doing a fantastic job) and who else?

[Coca Fola]

"“Without naming names I know of at least 10 Football League clubs who are very close to going to the wall,” he said. "

Plymouth, Acrington (their manager is doing a fantastic job) and who else?

Oldham

[pauld]

Apart from those already named and entirely off the top of my head, Watford, Port Vale, Cardiff, Coventry, Portsmouth are far from being out of the shit even after their CVA, Tranmere are reportedly struggling and up for sale, wouldn't like to look at the books at the Wendies without a stiff drink to hand, Southend are perennially on the brink of going tits-up with Sainsbury's bailing them out four or five times over the past year or so, Hull went down with horrendous debts I can't imagine they're anywhere near sorting, Bournemouth are only just out of continual player embargos and still pretty hand to mouth IIRC, and there'll be a dozen or so no-one even knows about that have overstretched themselves badly on promotion gambles.

[stfcinbmth]

Makes you wonder how clubs survived before the monstrosity that is Sky came along. Even more reason now to run a club along sound financial guidelines

[pauld]

Makes you wonder how clubs survived before the monstrosity that is Sky came along.

A lot better. Sky and the Premier League monster it begat have caused/exacerbated many of the problems. Not Sky's fault per se - they simply acted as enabler of the top clubs' greed.

[stfcinbmth]

A lot better. Sky and the Premier League monster it begat have caused/exacerbated many of the problems. Not Sky's fault per se - they simply acted as enabler of the top clubs' greed.

They are as much to blame in the greed stakes as the top clubs, with their constant price increases coupled with the shed load of adverts that they like to ram down our throats. Would have been great for the lower leagues to say,  shove your money up your arse

[GoldersGreenRed]

They are as much to blame in the greed stakes as the top clubs, with their constant price increases coupled with the shed load of adverts that they like to ram down our throats. Would have been great for the lower leagues to say,  shove your money up your arse

We, the PEOPLE, are to blame, it's all very good to blame corporations, but again, WE THE PEOPLE, are culpable for this, in our gullible ways.

[stfcinbmth]

True, but I made my stand about 5 years ago and stopped subscribing

[GoldersGreenRed]

True, but I made my stand about 5 years ago and stopped subscribing

Fair do's STFC in Bournemouth, but I never have subscribed towards that monstrous organ called SKY. I saw it on the horizon rising like a beast. Look at all these fair dinkum clubs like Hereford and Stockport struggling. Makes me weep considering the earthful appeal at our level and all these glory hunters latch onto the big boys.

[mrverve]

The ITV Digital collapse in 2002 was the beginning of all this. Football League clubs, under that TV deal, went mental and started spending money they didn't have, just based on the forecasts. Look at Bradford City.

[pauld]

The ITV Digital collapse in 2002 was the beginning of all this. Football League clubs, under that TV deal, went mental and started spending money they didn't have, just based on the forecasts. Look at Bradford City.

No it wasn't. The initial Sky deal for the Premiership was. It was the Sky/Premiership deal that started the massive financial spiral that meant what trickled down was not the money but the wage/transfer inflation. IOU Digital were just a piss-poor imitator. And clubs still haven't learned the lesson - wage inflation of 171% in the Championship last season. Fucking crazy.

[Ardiles]

Football (and possibly the housing market...but that's a different story) seems to be the only area untouched by the financial crisis.  But some day, something has to give.  None of this makes economic sense.  When the foreign money men decide they want to move their capital somewhere else, the house of cards will come crashing down.  The timing of the crash is impossible to predict, but it has to happen at some point.

[mrverve]

No it wasn't. The initial Sky deal for the Premiership was. It was the Sky/Premiership deal that started the massive financial spiral that meant what trickled down was not the money but the wage/transfer inflation. IOU Digital were just a piss-poor imitator. And clubs still haven't learned the lesson - wage inflation of 171% in the Championship last season. Fucking crazy.

Lower league clubs started going into administration after the ITV digital collapse. I agree that Sky (before that) gave the Premier League a massive advantage, money wise, however the gamble that the Football League clubs took when ITV were promising millions of pounds over x amount of years, backfired and many clubs even to this day haven't recovered. The ITV deal was huge to the Championship, Lge 1 and Lge 2.