A Storm of Blades
Well-Known Member
- Joined
- Oct 28, 2017
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With respect, I think you’re underestimating just how much it costs to run a football club at this level. How many clubs in the Premier League are exclusively financed by a billionaire? Almost all of them. We’re not owned by someone that can bankroll £100m transfer sprees for the fuck of it. I think when Hecky was announced, the chairman said our operating costs to date were in the region of £400m. The club won’t generate anything like that level of income (especially when playing in empty stadiums during COVID). Parachute payments are to cover SOME of that debt to stop clubs going pop. It’s just the harsh reality of it.Yeah we have a load of PL money and parachute payments for another 3 season atleast we should be in a far better position financially