Fleck

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bigbirdblade said:
Because those club's were a gnats bollock away from going under. We've never been there and touch wood won't be. I think people forget some of the positives McCabe has done at sufc.
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How many times have we heard about football clubs going into administration, having winding up orders etc. and nothing happens.

I’m not advocating we spend loads of money we don’t have and go into administration because that would be stupid. I’m just saying that there doesn’t seem to be any real long term implications to running the club badly, so why worry about it?
 

YES Blade said:
How many times have we heard about football clubs going into administration, having winding up orders etc. and nothing happens.

I’m not advocating we spend loads of money we don’t have and go into administration because that would be stupid. I’m just saying that there doesn’t seem to be any real long term implications to running the club badly, so why worry about it?
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Because it damages local businesses and means a forced change of ownership to whoever is prepared to do a deal with the administrator which means you might get a good owner or you might be like Portsmouth who got rid of an owner that put them into administration to be replaced by an owner that put them into administration.
 
bigbirdblade said:
Blackpool fc, Portsmouth fc, Newcastle united fc, West ham it's fc, Sheffield Wednesday fc, leeds united fc, Sunderland fc, Hull city FC, Nottingham forest fc, Coventry city fc, Cardiff city FC.

Need i go on.
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What you have identified is what is termed a 'moral hazard' problem. The reality is, loads of clubs go into admin without it appearing to have any significant long-term impact on their fortunes. So its in the interest of any club that wants to succeed to push their finances up to and beyond reasonable limits, confident that even if the club's finances crash and burn it won't actually have a serious long-term effect. It's the same problem with risk-taking in the banking sector when the banks know that their risks are ultimately underwritten by the government/central bank.
 
TTMeysh said:
What you have identified is what is termed a 'moral hazard' problem. The reality is, loads of clubs go into admin without it appearing to have any significant long-term impact on their fortunes. So its in the interest of any club that wants to succeed to push their finances up to and beyond reasonable limits, confident that even if the club's finances crash and burn it won't actually have a serious long-term effect. It's the same problem with risk-taking in the banking sector when the banks know that their risks are ultimately underwritten by the government/central bank.
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It will have a serious effect on the owners of the club as they'll no longer own it and will have lost all of their money.
 
BushBlade said:
Because it damages local businesses and means a forced change of ownership to whoever is prepared to do a deal with the administrator which means you might get a good owner or you might be like Portsmouth who got rid of an owner that put them into administration to be replaced by an owner that put them into administration.
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I agree with all of that, as tax payers we shouldn’t be happy with football clubs dodging tax by creating new parent companies to own the football club.

The problem is the football league / premier league allow this happen. They have rules for 100% of football debt being repayed but it’s a case of screw other creditors.

Look at Leicester, administration to Premier League champions in less that 15 years, while our so called sound financial management has got us where?
 
YES Blade said:
I agree with all of that, as tax payers we shouldn’t be happy with football clubs dodging tax by creating new parent companies to own the football club.

The problem is the football league / premier league allow this happen. They have rules for 100% of football debt being repayed but it’s a case of screw other creditors.

Look at Leicester, administration to Premier League champions in less that 15 years, while our so called sound financial management has got us where?
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Yes, I don't understand how HMRC allow the 100% rule.

Leicester were incredibly fortunate to get good owners, unlike to other two clubs Madaric has owned. It's not typical, just as me saying we'd end up in the Conference because that's what happened to Luton would be using an unfair example.

Long term it wouldn't damage us, we'd come back because we have a decent fan base but it could be pretty shit in the interim. We could even end up with decent owners who put money into us and don't want to change our name to Sheffield Lucky Blades or something but I don't see it as the most likely scenario. And I'm too old to see us floundering for fifteen years like Forest, Leeds etc. constantly changing owners, getting the supporters' hopes up and then blowing it again.
 
BushBlade said:
It will have a serious effect on the owners of the club as they'll no longer own it and will have lost all of their money.
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At last, someone speaks common sense. Our model is different to that of the clubs previously listed and for this reason, your post applies. That, for me, is the single most damning factor that makes our game in this modern era a shambles. Money, money, money.....
 
Hilarious, they’re arguing as to why it backfired on them (the protest) they ended up getting relegated... proof ever if that it were needed they affected the players more than the owners......

The fans were upset... they then upset the players, who didn’t perform... stay off the fucking pitch, the odd invasion when a dream comes true I can excuse, but some “look at me” 40 something waltzing on every home game, come on, that’s not football is it..
 
Been on two palace forums....not even a mention of fleck..
 
BushBlade said:
Yes, I don't understand how HMRC allow the 100% rule.

Leicester were incredibly fortunate to get good owners, unlike to other two clubs Madaric has owned. It's not typical, just as me saying we'd end up in the Conference because that's what happened to Luton would be using an unfair example.

Long term it wouldn't damage us, we'd come back because we have a decent fan base but it could be pretty shit in the interim. We could even end up with decent owners who put money into us and don't want to change our name to Sheffield Lucky Blades or something but I don't see it as the most likely scenario. And I'm too old to see us floundering for fifteen years like Forest, Leeds etc. constantly changing owners, getting the supporters' hopes up and then blowing it again.
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HMRC used to be preferred creditors once upon a time. How they lost that makes no sense, particularly since tax debts tend to be the reason many clubs go into admin. However they have challenged the 100% football debt issue and although losing, will try again.
 

makblade said:
unlikely it will be us though...

http://www.skysports.com/football/n...dered-by-brighton-crystal-palace-and-west-ham
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Are these 2 related?

Mark-Duffy_3074217.jpg



upload_2018-1-11_9-22-14.png
 
Pritchard has apparently left Norwich for eleven million.If United were to get a similar fee, I'd back our highly skilled management team to invest wisely and make us better overall.The doubt I always have is that we'll roll over and not get the big fee.
 
I'd hate to see Fleck leave, but if after signing Leonard and Evans, we're still interested in Ricky Holmes, It makes you wonder if there's some truth in this rumour.

However, I'd hope that, having just signed a new deal, he would'nt be going anywhere for less than 10m, which would soften the blow.

I'm sure Wilder wouldn't even discuss any move before we've played Wednesday, so if there's any truth in it, I think It'll gather pace next week, particularly if Scott Arfield moves :eek:
 
chris is looking to improve the team , he can assess whether Fleck is dispensable
until we are sure hes been replaced by someone long term better he will stay
 
blade too long said:
chris is looking to improve the team , he can assess whether Fleck is dispensable
until we are sure hes been replaced by someone long term better he will stay
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If the Holmes rumour is true funding the 3 permanents (Holmes, Evans and Leonard) plus Wilson on loan the funds must have come from somewhere.
 
Blade56 said:
If the Holmes rumour is true funding the 3 permanents (Holmes, Evans and Leonard) plus Wilson on loan the funds must have come from somewhere.
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So you’re going to insinuate that we’re selling Fleck?
 
On current form I don’t think a Premiership team would come in for Fleck. His form like a few others have dipped since Coutts Injury.
 
Just come up on sky sports news ticker that were in talks with west ham 4million apparently
 
West Ham are interested in signing Sheffield United midfielder John Fleck, according to Sky sources.

We understands talks have been held regarding a £4m deal.

Fleck, who was Sheffield United’s Player of the Year last season, has three-and-a-half-years left on his contract.

The 27-year-old moved to Bramall Lane on a free transfer after his Coventry City contract ran out in the summer 2016.
 

Sky Sources are claiming that he’s had talks with West Ham over a £4 million deal.

Surely not?
 

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