Aberdeen chairman Dave Cormack gave us a glimpse into the finances of practically every club in Europe by explaining the financial predicament his club finds itself in. They expected £1m in match day income between now and the end of the season, as well as £5m season ticket money by June, summer merchandising income and hospitality income. Instead, they have practically zero income stretching out for an indeterminate number of months – quite possibly until August or September.
Monthly outgoings at Aberdeen are £1.2m, this month’s costs will consume nearly all the £1.5m they had in the bank at the start of the month. How they, and others, meet payroll April, May and June, is a challenge for the industry. Few clubs are as well run as Aberdeen, most will be in more serious peril.
This is not just a Scottish phenomenon; it will play out across Europe. The Championship in England is particularly vulnerable. Around the time of the collapse of ITV Digital, Brian Quinn spoke of the pack ice of European football-broadcasting homogeny showing signs of a break up. That financial crisis in English football passed when the Premier League stepped in to salve any sores.
It remains to be seen what, if any, issues afflict the Premier League. Ticket and merchandising sales are almost irrelevant to the business model in England’s’ top tier. There, it is all about the domestic and international TV deals. It cannot be emphasised enough, Premier League TV deals are absolutely critical to the entire pyramid of English football. If the contracted number of games broadcast for this season or next cannot be fulfilled, the drop in income would have serious consequences.
You and I have been debating structural change in football for too long to get excited about any of this. There is a better chance of things changing now than at any point in the last 18 years, but whatever change takes place will not necessarily involve Celtic. Still, we can ponder….
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CANAMALAR IT LOOKS LIKE OCD OBSESSION on 25TH MARCH 2020 11:03 AM
I was only 24
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Good mhan :O) take care.
Surely Charlie wont wipe out the whole Royal family……..
Canamalar
Condolences .
CANAMALAR
I was only 24
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That made me laugh.
Take care.
Wonder if Harry will rush home to see is dad…
Oh wait …
Hello again all you young rebels.
David 66
So pleased like me you recognise the work these health workers
do and the danger they put themselves in to help other unfortunate
people, between them and the firefighters there is not enough
medals to do them justice.
As far as the bog roll keepy uppy I can assure you no rid biddy was
partaken or i would have broken all records, and plates, windows
etc, lol, and by the way Chic couldny lace my boots 8-))
H.H . Mick
Cantheman….
I was only 24….braw…
take care my friend…..may Joe rest in peace.
NOTTHEBUS on 25TH MARCH 2020 11:43 AM
Surely Charlie wont wipe out the whole Royal family……..
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No, but he’s making a decent fist of infecting the local population on Deeside.
FAVOURITE UNCLE on 25TH MARCH 2020 11:34 AM
ERNIE LYNCH on 25TH MARCH 2020 11:17 AM
I think they have all been split up to make sure some of them survive.problem where to send andy pandy where there is no agreement with usa to extradite on rape charges.
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I’m sure there will be a lot of suggestions coming up.
I’d put him on a white horse into a field riddled with molehills.
MELBOURNE MICK
Couldn’t do your challenge, nae loo roll!
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CANAMALAR
Sorry for your loss.
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BOGNORBHOY
Rushing to be at the side of James Hewitt on hearing the news. Nice.
HH!
Canamalar
Heartfelt sympathy to all the family, particularly yourself being stuck in Kuwait
May your Dad Rest In Peace
Another stalwart from this blog, who is now a very infrequent poster, also lost his Dhad last night
So
May he also rest in peace
And
Let Perpetual Light Shine upon their souls
new article posted.
Canamalar
Sorry to hear your fears have come to pass. Hope you are able to get flights back.
Condolences to you and yours
if charlies has proved +ve………cannae see them locals being too happy after all they were up in arms wae them English folk heading north in their camper vans over the weekend…..sites were all closed down and they were told to go home……well so depends on who you are……still a lot of palsy walsy folk up that way who just love the loyals.
Canamalar
Sorry to hear of your sad news.
A wee prayer said for the repose of your dad’s soul.
YNWA
https://www.bbc.co.uk/sport/football/52033091
https://amp.theguardian.com/politics/2020/mar/24/alex-salmond-allies-say-he-plans-to-sue-the-scottish-government
Sees himself as a Charles Stuart Parnell figure