Quote:
Originally Posted by Human Halo
And they are able to service the debt with no issues what so ever. Didn't even bother to check if it was debt the owner has placed on the club or moved to an interest free loan. Or he's shifted it to a different holding company - like Chelsea have.
The clubs assets are growing every year and with revenue of at least £100m next year if they stay in the premier league.
Their wages to turn over according to those figures is 130%, with revenue at £23m, giving them a wage of £30m. Those are their championship figures - which is high due to the owner wanting to get promoted. Make perfect sense.
They received £70m in TV rights alone last year, which will make their wage bill <50% which is awesome.
If they aren't in the PL they are pretty much ****ed - obviously unless the owner pumps more money in.
Last edited by kingweed; 12-07-2015 at 05:25 AM.