What's going on with Velencia?

[The binman chronicles]

It's all part and parcel of the same thing. Owners should have the debts secured against personal assets if used to buy a club. Debts related to clubs should never exceed a given amount that you would expect a typical club to survive with and not go bankrupt for. So a PL club will be around say £50 million. If the club wants to spend more then the owner has to pay off said debt at the end of the season to make room.

Highest priority thing though is salary cap. Agents fees need to be stripped right back to being 1-3% not nearly a quarter of the transfer fee in Raiola's case for Pogba. Until this is done then clubs are at the mercy of being picked apart by owners who more often than not come out smelling of roses.

 

[KaiserEFC]

Valencia is another example of why for their own good, clubs need to have new owners deeply looked into and as this dodgy owner shows, they can quickly ruin a football club, even one as big as Valencia.

*velencia

 

[H.H.]

*velencia

Me bad.

 

[Big_nev]

Lot of talent in that squad, we should be sniffing around like Vultures.

 

[degsy]

It's all part and parcel of the same thing. Owners should have the debts secured against personal assets if used to buy a club. Debts related to clubs should never exceed a given amount that you would expect a typical club to survive with and not go bankrupt for. So a PL club will be around say £50 million. If the club wants to spend more then the owner has to pay off said debt at the end of the season to make room.

Highest priority thing though is salary cap. Agents fees need to be stripped right back to being 1-3% not nearly a quarter of the transfer fee in Raiola's case for Pogba. Until this is done then clubs are at the mercy of being picked apart by owners who more often than not come out smelling of roses.

True.
*stands in doctor like office wearing a white coat, speaks...I'm not a doctor, but etc. etc.
One 3 letter acronym (tla) covers all that...as Moshiri well knows
Ltd.
If we ever, god forbid, do a Valencia, I think you'll find that all the money that some insist Moshiri has 'personally put in' and/or 'Invested' (as if)
Will magically, quicker than you can say...'robbing peter to pay paul' or 'cunning accounty-wounty slight of hand'
Become 'Club Debt'

Also; If, for what ever reason, Brands poor picks, lack of cash, whatever...If. in the next 3 windows / 12mths the Club don't
give Ancelotti some decent players to work with.

He'll walk.
...even at £10M a year you can only shove Sisyphus up hill for so long.