07 Oct 2020 09:36:27
Hi Ed002

Hope you are good.

Do you think that clubs will feel the full effects of C.V. financially in 2021 taking into account that most have spent on new signings and created debt?

What is your financial forecast of football as most clubs ignore the financial fair play rules.

{Ed002's Note - The PL clubs have to repay about £350M in broadcasting income from last season (Liverpool owe about £25M) and this season will see a reduced income from broadcasting of a larger figure than that (probably £550M-£600M less than contracted) and additional will lose all income from folks attending matches for most if not all of the season. Some clubs have added players and incurred future debt. It is a risky business. I suspect you will see a number of clubs change hands over the next two years.}

1.) 07 Oct 2020
07 Oct 2020 10:49:20
Thank you.
So it seems highly unlikely of seeing transfers in excess of +100m in the for the next 2 years.
Clubs will to be smart in terms of sponsorships and so on.
Wow.
Scary.

2.) 07 Oct 2020
07 Oct 2020 11:30:22
Wolves seem to have been very clever in this regard. Selling players that they didn't think were necessary for decent sums, spread out over the next few years and buying players with significant resale value.

I wouldn't say that their squad has been weakened much, if at all, but financially they seem to have been very smart.

3.) 07 Oct 2020
07 Oct 2020 11:03:15
Probably a dumb question ed02. But apart from the loss of the Chinese contract, why would clubs need to give back more money? They are getting to show more games than ever which must be boosting subscriptions to sky and bt sport. Is it to do with loss of sponsorship? Thanks in advance.

{Ed002's Note - The cost of broadcast crews and OB equipment is costing them a great deal of money.}