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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1820901 times)
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1971cobbler
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« Reply #27920 on: April 09, 2021, 08:20:01 am »

Another report looking at finances pre Covid and quite a straightforward approach to the position. Deloitte are also this week reporting a 25% reduction in revenue for this season for Europe’s top clubs and this transposes to an estimate 50% to the average lower league club. That should be a consideration when viewing the figures. I know this may be irritating and I often come across as the harbinger of doom, but I read all this impartial evaluation of the current financial position of football and I find it truly horrifying. The amount of talk on here, on the IACTM pod and everywhere else about investing in the team, finishing the stand, getting a new management team in, what we should have done pre-season, really?

https://foreignpolicy.com/2021/04/02/english-soccer-football-financial-crisis-leagues-project-big-picture/


The thing that I take from this more than anything is the confirmation of the huge gap between what's needed to sustain a club that moves up a league, especially when approaching the top two divisions.
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