Where is football going? AFC Bournemouth post £15.3m loss for 2012-13

[YES Blade]

Interesting stuff indeed. Only two Premier League clubs, Norwich and Swansea, were in the black at the end of the season. Chelsea's total debt was an unimaginable £958,000,000.

2012/3 Premier League Wage Table:

1 Man City £233m
2 Man Utd £181m
3 Chelsea £179m
4 Arsenal £154m
5 Liverpool £132m
6 Tottenham £96m
7 QPR £78m
8 Villa £72m
9 Fulham £67m
10 Everton £63m
11 Newcastle £62m
12 Stoke £60m
13 Sunderland £58m
14 West Ham £56m
15 West Brom £54m
16 Norwich £51m
17 Swansea £49m
18 Southampton £47m
19 Reading £46m
20 Wigan £44m

The most appalling fact in the Guardian's report is that of the top clubs only Man City have guaranteed to pay their cleaners, caterers etc more than the minimum wage. While clubs pay their chief executives £millions per year and players in excess of £100,000 per week the poor souls who clean the toilets get more or less bugger all and have to claim benefits to make ends meet.

So because Premier League clubs have a massive income, they should pay cleaners more money? How does that work? You should be paid the going rate for the job you do.

I'm sure McDonalds could afford to double the wages of all their staff, but why should they? They aren't a charity!

 

[felix]

So because Premier League clubs have a massive income, they should pay cleaners more money? How does that work? You should be paid the going rate for the job you do.
I'm sure McDonalds could afford to double the wages of all their staff, but why should they? They aren't a charity!

 

[oldblade]

So because Premier League clubs have a massive income, they should pay cleaners more money? How does that work? You should be paid the going rate for the job you do.

I'm sure McDonalds could afford to double the wages of all their staff, but why should they? They aren't a charity!

 

[JohnDenver]

So because Premier League clubs have a massive income, they should pay cleaners more money? How does that work? You should be paid the going rate for the job you do.

I'm sure McDonalds could afford to double the wages of all their staff, but why should they? They aren't a charity!

 

[Darren]

Interesting stuff indeed. Only two Premier League clubs, Norwich and Swansea, were in the black at the end of the season. Chelsea's total debt was an unimaginable £958,000,000.

2012/3 Premier League Wage Table:

1 Man City £233m
2 Man Utd £181m
3 Chelsea £179m
4 Arsenal £154m
5 Liverpool £132m
6 Tottenham £96m
7 QPR £78m
8 Villa £72m
9 Fulham £67m
10 Everton £63m
11 Newcastle £62m
12 Stoke £60m
13 Sunderland £58m
14 West Ham £56m
15 West Brom £54m
16 Norwich £51m
17 Swansea £49m
18 Southampton £47m
19 Reading £46m
20 Wigan £44m

The most appalling fact in the Guardian's report is that of the top clubs only Man City have guaranteed to pay their cleaners, caterers etc more than the minimum wage. While clubs pay their chief executives £millions per year and players in excess of £100,000 per week the poor souls who clean the toilets get more or less bugger all and have to claim benefits to make ends meet.

Abramavotich's net worth is apparently $14.1 billion. So Chelsea's debt is around 10% of his wealth.

Basically, they are shafted if he loses interest in his toy.

 

[JOEYDEE]

http://www.theguardian.com/football/2014/may/01/premier-league-clubs-record-wages

Now that's scary..QPR's wage bill 25% HIGHER than Athletico Madrids'
Good grief !!

 

[wizadry]

Im sorry but i cant see the Football bubble bursting.
If it was going to happen then it would have done arund the recession. (people cancelling sky subscriptions etc)

If anything its gotten stronger & bigger worldwide. It will be interesting to see how things go if Man U keep sliding however. (esp in Asia)

Well put kev,whats more worrying is that they wont even need people in our own country to watch it soon as it is that big overseas,they will just keep putting it up and up and not be bothered one bit

 

[Kev Gee]

Well put kev,whats more worrying is that they wont even need people in our own country to watch it soon as it is that big overseas,they will just keep putting it up and up and not be bothered one bit

Indeed. Thats why we have half empty stadia nowadays.
Its horrible to see!