Post by Tangerine Sherlock on Apr 17, 2013 9:38:57 GMT 1
QPR announced today that are to follow the likes of Blackpool next season regarding players wages by offering players a basic wages which is then topped up by appearances and bonus payments for league position and the like and it all sounds fine and dandy until you look at their current financial position.
They have had to borrow 15 million from the bank to cover costs till the end of the season and when relegated still face a monthly running bill of 8.5 million! and have debts of 88.9 million any normal business would be shut down, so yet again the men in Grey suits that govern football have failed to sort out the problem with club finances.
The premiership answer is to increase the parachute payment to relegated teams from 48 million to 60 million, of course the fact that 2 QPR board members are also executives of the premiership management team has nothing to do with it.
Then comes the so called financial fair play rules for next season, which if anything are far from fair play based on turnover so the bigger clubs still have a larger budget than the smaller clubs, how hard would it have been for the rulers of the game to set a level for all teams per division, maybe a simple sum of all wage budgets in the league taken and divided by the number of teams? or maybe a wage structure set against the existing debt of a club, the less debt the more your wage budget, might just encourage clubs to concentrate on reducing their debts and ensure the long term future of a football club for its fans.
will it reduce the standard of football? i don't think so after all you ask any young boy if they would like to be a professional footballer 99.9% will say yes.
and finally football agents surely it is time to regulate this side of football with simple rules of how much a agent can charge for finding a player a club. if only they would do this half the sharks would disappear over night and stop bleeding clubs dry.
end of rant
They have had to borrow 15 million from the bank to cover costs till the end of the season and when relegated still face a monthly running bill of 8.5 million! and have debts of 88.9 million any normal business would be shut down, so yet again the men in Grey suits that govern football have failed to sort out the problem with club finances.
The premiership answer is to increase the parachute payment to relegated teams from 48 million to 60 million, of course the fact that 2 QPR board members are also executives of the premiership management team has nothing to do with it.
Then comes the so called financial fair play rules for next season, which if anything are far from fair play based on turnover so the bigger clubs still have a larger budget than the smaller clubs, how hard would it have been for the rulers of the game to set a level for all teams per division, maybe a simple sum of all wage budgets in the league taken and divided by the number of teams? or maybe a wage structure set against the existing debt of a club, the less debt the more your wage budget, might just encourage clubs to concentrate on reducing their debts and ensure the long term future of a football club for its fans.
will it reduce the standard of football? i don't think so after all you ask any young boy if they would like to be a professional footballer 99.9% will say yes.
and finally football agents surely it is time to regulate this side of football with simple rules of how much a agent can charge for finding a player a club. if only they would do this half the sharks would disappear over night and stop bleeding clubs dry.
end of rant