English Football league chairman, Rick Parry, spoke to the BBC yesterday and continued his tirade against unsustainable finances among EFL clubs.
“Why can we not have community owned, sustainable clubs? That goes for all the structural issues that I have been telling anybody who will listen, and most people who won’t listen, for the past x number of months, from the select committee onwards.
“The Championship is a financial nonsense. We’ve got clubs spending 107% of their income on wages, we’ve got the major distortion of parachute payments, we’ve got £400m of owner-funding required – £16m per Championship club. There are owners gambling on getting into the Premier League, it’s unsustainable.
“We need to make our clubs sustainable – we shouldn’t be relying on random foreign owners.”
These concerns surfaced after Wigan’s Hong Kong-based owners put the club into administration last week, a move that took place without delayed payments to HMRC and other creditors that usually proceeds administration.
Parry is at the forefront of this issue. His concern peaked because Wigan’s owners were able to flush the club into administration without concern for personal consequences. Even the inevitable hit to their shareholder value did not seem to register. Where Wigan’s owners went, others could feel permitted to follow.
£16m is a lot of money for each of their Championship’s 24 clubs to find and that’s only dealing with existing liabilities, not those clubs are contracted to for years to come. The Championship’s only options are to find investors with appetite to splurge lots of spare cash on them, convince the Premiership to unilaterally do likewise, or see the travails of Wigan play out across the division.
If Parry’s increasingly shrill alarms are anything to do by, the English football bubble may finally be close to bursting. Sleeping so close to an elephant has been a drag on Celtic in particular and Scottish football in general. We have waited on what Brian Quinn referred to as the ‘pack ice’ to break up for decades. The time may finally have come.
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HOT SMOKED on 9TH JULY 2020 3:08 PM
Scaniel from earlier
` single records: 6/8d each or three for a pound.`
Was that a Barras` style sales pitch?
I had to think for a while before concluding that 3 X 6/8d really is/was a pound !
**************
Always remembered that 3 singles cost a pound, at least in Rothesay they did. My first wage as a message boy was 30 bob – 10 shillings to my maw and a pound, or 3 singles to maself. Where Philbhoy picked them up for half a crown, heaven knows. Maybe he got them at the Barras :))
Free…………….. Alright Now
Always remembered that 3 singles cost a pound, at least in Rothesay they did. My first wage as a message boy was 30 bob – 10 shillings to my maw and a pound, or 3 singles to maself. Where Philbhoy picked them up for half a crown, heaven knows. Maybe he got them at the Barras :))
At the Barras I’m surprised they weren’t 40 quid !
VOGUEPUNTER
Scorchio in Rutherglen 👍
BSR
I should have stayed there……..fire on in Drumsagard :O(
BSR
Ko Lanta in Cambuslang
Lost half a kilo this morning – had a haircut 👴
HOT SMOKED on 9TH JULY 2020 3:03 PM
Finally, maybe my favourite Stones` single:
_____________________________________________
Years later Mick openly admitted copying James Brown’s stage style, when you watch that video of ‘its all over now’, yeah – that could easily be James Brown dancing away there,
suspect that most Stones fans at the time had no idea who James Brown was, I certainly didn’t.
Brian Jones – I’ve always thought that a) he was murdered and b) the Stones couldn’t care less,
Mick – the show must go on – why don’t I wear a dress and we can release thousand of butterflies into the crowd as a sign of our love for Brian . I right Mick.
bournesouprecipe on 9th July 2020 5:27 pm
Free…………….. Alright Now
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My all time favourite song. I think Paul Rogers was only 16 when they released it. I could be wrong but what a vocal.
KEEP THE FAITH
KEEP THE FAITH
Good evening bhoys and Ghirls 50k ST sold.
Wow in this climate that’s amazing👏🙏👏🙏👏
D. :)
TONYROME on 9TH JULY 2020 6:03 PM
bournesouprecipe on 9th July 2020 5:27 pm
Free…………….. Alright Now
————————————————————————————–
My all time favourite song. I think Paul Rogers was only 16 when they released it. I could be wrong but what a vocal.
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Brilliant band and song. I think Paul would have been in his 20s then, but Andy Fraser was still a teenager (I think). A band and singer that have stood the test of time. There was a great programme a few weeks ago about Paul. Might have been on Sky Arts.
DAVID66 on 9TH JULY 2020 6:09 PM
Good evening bhoys and Ghirls 50k ST sold.
Wow in this climate that’s amazing👏🙏👏🙏👏
___
Not confirmed, is it? I’ve also seen 45k rumoured.
First record
Venus in Blue Jeans Mark Wynter 1962
Hail Hail
never ending hun tears on clyde, funny funny funny
Timaloy29 – turned on radio and heard Clyde say 50K sold. Lenny had just finished talking so I presumed he said something. Maybe wrongly.
Listen to this Hun greeting faced Bassa on Radio Clyde
😂😂😂
D. :)
TravellerBhoy: condolences on your loss.
Ar dheis láimh Dhé go raibh anam d’athar.
Duncan on clyde should be filed in the dictionary as the definition for delusional.
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duncan would you still be saying null and void if rangers had been top of the league ?
aye i would have,
duncan admit it you wouldnt, you just want null and void so celtic didnt win the league
aye, well, in ma heid they didny win the league, and thats all that matters, in my heid.
Good to see travellerbhoy posting ,but also sad to read the content …
Condolence to you and the family ..
Keep safe
Harry Brady TrophyTrophyTrophyTrophyTrophyTrophyTrophyTrophyTrophy Retweeted
cujuart
@cujuart
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Jul 8
Was wondering if anyone could help me out. Trying to find the font used for “Celtic FC” on the stained glass window found at the old entrance at Celtic Park. Looked online but no luck. Does anyone know or know of anyone who does? Trying to find it for a project I’m working on.
https://pbs.twimg.com/media/Ecav6AtWAAA6wrG?format=jpg&name=900×900
Just back from Mass where we had a visiting Priest – Father Paul Denny of Motherwell diocese. Didn’t have a chance to speak so don’t know what parish he’s from- does wee Nicola know he’s down south.
says the man from the daily mail
https://www.lostglasgow.scot/posts/final-curtain-698/
Traveller Bhoy
Sorry to read of the loss of your Dad
Condolences to one and all
RIP
I got a link to this today, Andrew O’Hagan, KEEPSAKES
I felt it was a good short read, lots of places some of us know, The Saltmarket settings might interest Big Jimmy.
ps, he is no BRTH, but it is a good effort -)))))
https://www.nytimes.com/interactive/2020/07/07/magazine/andrew-ohagan-short-story.html?fbclid=IwAR3MybzZY-rCGm9Tbzn1tHOmDr37K3Mq6pYPMWNYsHy9vP-9f3Audm4Vi00
keepsakes
By
ANDREW O’HAGAN
May your Dad Rest In Peace
Travellerbhoy
Can I say, I have never bought a record in my life
One other point on Season ticket sales, corporate sales have until next week 17th to renew, so still to grow on existing numbers I would think
Hail Hail
Logged in and went to.post comment & was on P76 2016……whit are ye doin P67 ?
St Stivs – thank you for posing the tribute to Johnny- a close friend to me and a great great guy, to be in his company was sheer joy. My thoughts are with his friends and family.
JINKYREDSTAR on 9TH JULY 2020 8:35 PM
St Stivs – thank you for posing the tribute to Johnny- a close friend to me and a great great guy, to be in his company was sheer joy. My thoughts are with his friends and family.
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aye, i know, no thanks needed.
Saint stubs
If you search “how can I identify a font from an image” you will get a few web sites where you can do it
Glasgow City Archives
@GC_Archives
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Jul 7
View of Monteith Row from London Street looking east, 1916. Another great image from our Calton series. Archive Ref: P649
https://pbs.twimg.com/media/EcVq3ixXgAMiWyj?format=jpg&name=small
Neustadt-Braw
Been reading back over the last couple of blogs. I’m absolutely delighted for you over your good news. Keep safe and keep posting. Always enjoy your posts.
Smiley very braw thing. :-))
stubs – stivs
stubs, stibs, snubs, snibs,
lets call the whole thing off,
saint stives
In a weird claim for a world record, I think I have had the most “predictive text wrong spellings of a name”
overtaken handsome hun
Aston v game.. Pl is david nish
Adi
What’s Peter Lawwell got to do with Villa v Manure
Nothing to do with PL but Utd penalty was a fecking joke
Never a penalty imo BT. If anything, it should have been a free kick to the defender.
HH