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TV money and English football bubble

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The FA in England made upbeat noises yesterday after concluding a two-year TV rights deal with ITV for coverage of the FA Cup and England internationals, despite the £90m contract being a third less than the prevailing annual rate.  This is the latest in a deflationary trend after the Football League in England secured a deal from BSkyB from next season at a rate 26% below the current deal.

TV money is still flooding into our nearest neighbours at a rate that would allow all Scottish clubs to pay their tax bills but the downward trend is welcome for those here trying to build and retain football squads.  Although English football is awash with cash it is also heavily indebted with a compulsion to spend every penny earned.  Downsizing, if necessary, will be a challenge.

The FA Premier League remains a durable TV property but you’ll find it harder to find analysts projecting income growth for the next deal, irrespective of the successful legal challenge to price fixing based on EU areas.

A weak pound has meant earnings from overseas rights have remained high compared to pre-crash times but with euro-area and other world economies so volatile neither exchange rates nor foreign demand can be regarded as stable.  Economically speaking, English football has all the facets of a bubble, so far, one that just keeps on inflating…..

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274 Comments

  1. If it was Celtic supporters who assualted a 16 year old boy then throw the book at them. Sickening.

  2. Dirtymac

     

     

    Congratulation amigo!

     

     

    A stunning set of numbers. And nobody asked why…….l.

  3. …..and so, gradually, the madness becomes accepted and all common sense and perspective is lost.

  4. pedrocaravanachio67 on

    Stringer Bell says:

     

    17 January, 2012 at 14:10

     

    Anyone guess at what this series of numbers means?

     

     

    our lost european and other revenue, due to them cheating with EBT’s?

  5. Nuclear Bovril and a Half Munched Pie on

    Stringer Bell says:

     

    17 January, 2012 at 13:30

     

     

    The phrase that jumped out at me a which I would like to be true sometime soon….

     

     

     

    I was there on the exact day that SmellGers Football Club began its cruelly slow and painful slide into the black hole of extinction. Over the last few months, the Sons of Satan must have felt as if their beloved club had been gradually destroyed, like a live goat being excruciatingly spit roasted to a mere block of black charcoal.

     

     

    Oh dear, call Dr Keevins! Have I become fuelled by hate?!

     

     

    No – just want justice, but I will enjoy the schauden-hingmy.

  6. Celtic Mac says:

     

    17 January, 2012 at 13:41

     

    Gordon J

     

     

    The SNP government has no mandate for a referendum over Scotland’s independence. The “policy” did not appear in the SNP manifesto for the Scottish Parliamentary elections last May, and even if it had, any referendum held under the auspices of Edinburgh would have no constitutional bearing at all. The so called devomax option has more or less been addressed by the Calman Commission, and can be achieved by amending the Scotland Act itself, without any need for a referendum at all. If, hypothetically speaking, the SNP achieved 50 seats in a General Election (Sinn Fein achieved a clear majority of seats in 1918) and a clear majority in Holyrood then a case could be made for a referendum but not before. In the meantime, with the Labour Party ceasing to be the opposition under Ed Milliband and the likes of Tom Harris leading the Unionist cause in Scotland it is difficult to see anybody argue the case above.

     

     

    …………

     

     

    So if its not in the Manifesto they can’t do it?

     

     

    Conversley surely then if its in a Parties Manifesto they must do it. However we all know a Manifesto is not legally binding and is just a waste of a Forrest!

  7. Seven Fishes Four Steaks on

    WITS, it’s not a sackable offence. If it goes to a tribunal he will win compensation. And it has nothing to do with Rangers as I believe they sold their catering rights to Azure with whom he is employed.

     

     

    Why was Goram not sacked for frequenting UVF bars in shankill or various rangers players who have their pictures taken with Michael Stone?

     

     

    SffS

  8. JohnnyClash says:

     

     

    17 January, 2012 at 14:30

     

    Googyboy

     

    Don’t know, but it was reported that the some of the ‘thugs’ were wearing hoops.

     

     

     

     

     

    If they were Celtic “fans” then they should be condemned for the attack.

  9. so Hearts players wages have been paid a day late – Hearts will claim this was a precessing delay through international banking – and the SPL are planning a meeting to discuss sanctions.

     

     

    the irony is delicious and I would guess old Vlad did this quite consciously to see what action would be taken against his club.

     

     

    Now consider Hearts total wage bill is M£0.25, delayed by ONE day.

     

    They, on the other hand have not paid and actively evaded taxes of M£24 for years and are accumulating penalties and interest such that it could be double that sum. They are alleged not to be up to date with this years NI, PAYE and VAT.

     

     

    Vlad is doing them up like a kipper. His next press release could be his best yet re Media monkeys.

  10. What is the Stars on

    Seven Fishes

     

     

    I dont know why Goram wasnt sacked for hanging around with loyalists killers.But I could guess that it was mainly because he was too valuable an employee to be dismissed on such grounds.So his goalkeeping abilities meant that his moral ambivalence about the kind of company he kept could be overlooked,

     

    Are Rangers guilty oh hypocrisy ? Of course they are and as you and I would probably agree they are guilty of lots more (especially regarding their employment policies)

     

     

    However I stand over my comment

     

    How can Rangers not sack someone who posts pictures of himself at an IRA memorial.

     

    Celtic would probably have sacked him also.

     

    Thats all I am saying.

  11. Nuclear Bovril and a Half Munched Pie on

    Dontbrattbakkinanger says:

     

    17 January, 2012 at 14:41

     

     

     

    The producers would like to make it clear that no actual goats were harmed/ sacrificed in the making of that post.

  12. so rangers have opened a London Office and appointed some guy from soccerex as a ‘Global Partnerships Director’ (sounds impressive).

     

     

    Socerex organise football conventions for anyone interested.

     

     

    A bit hard for disgruntled bares to get direct answers when it all goes tit’s up, when the office is in London…

     

     

    HH

  13. Twitter racial abuse, 4 guys smacking a young boy on the train – WTF is going on? I know we said when the new legislation was getting passed to watch out because it would be used to “even up” things (c. Convenor of the Justice Committee) but FFS these things shouldn’t happen and sure as Hell should not EVER be done by ANYONE purporting to support Celtic.

     

     

    My only hope is these scumbags get tried before a jury of REAL Celtic fans and have the book thrown at them.

  14. Out of the blue????

     

     

    By RONNIE CULLY

     

    CELTIC today snapped up Polish centre-half Jaroslaw Fojut on a pre-contract agreement.

     

    The 24 year-old 6ft 2in stopper, who was at Bolton as a kid, will arrive on a Bosman in the summer from Śląsk Wrocław – unless a deal is struck before the end of the January transfer window to get him in now.

     

    Fojut joined Bolton in 2004 and spent five years in Lancashire, becoming captain of the reserve team.

     

    In August 2007 he joined Luton Town on loan, before another loan stint at Stockport County in 2008.

     

    He then returned to his homeland to sign a three and a half year deal with the current Polish league leaders in February, 2009.

     

    But his next destination will be Glasgow as Hoops boss Neil Lennon continues his recruitment drive.

     

    It now remains to be seen whether Celtic try and broker a deal with Slask Wroclaw to get him now to bolster the backline options for the run-in, with the Poles mindful of the fact they will get nothing for him at the end of the season with his future now committed to Parkhead.

  15. greenjedi/ Celtic Mac,

     

     

    The SNP did have a commitment to a referendum n its manifesto: “We think you should be able to choose our nation’s future in an independence referendum – that is the fair way to take this decision.”

     

     

    It didn’t say anything about the timing of a referendum though. And if you believe that the Scottish Parliament doesn’t have the power to hold a referendum then it matters not what was in their manifesto.

  16. Reading about this office, it is the biggest bluff in history.

     

     

    The office has obviously been opened for the purposes of Newco rangers.

  17. What is the Stars says:

     

    17 January, 2012 at 14:43

     

    Seven Fishes

     

     

    I dont know why Goram wasnt sacked for hanging around with loyalists killers.But I could guess that it was mainly because he was too valuable an employee to be dismissed on such grounds.So his goalkeeping abilities meant that his moral ambivalence about the kind of company he kept could be overlooked,

     

    Are Rangers guilty oh hypocrisy ? Of course they are and as you and I would probably agree they are guilty of lots more (especially regarding their employment policies)

     

     

    However I stand over my comment

     

    How can Rangers not sack someone who posts pictures of himself at an IRA memorial.

     

    Celtic would probably have sacked him also.

     

    Thats all I am saying.

     

     

    …………………..

     

     

    The guy should be sacked for being stupid!

     

     

    He works at Murray Park and post pictures of himself at an IRA memorial!!!!!!!!!

     

     

    I mean what kind of brain is at work there?

  18. Nuclear Bovril and a Half Munched Pie on

    Dontbrattbakkinanger says:

     

    17 January, 2012 at 14:46

     

     

    Unless it’s Goat Island in the Niagra river. (notjustgoogledGoat Islandhonest)

     

     

     

    Good name for a the eventual movie adaptation of Googly Eyes flight from Glasgow ‘Escape to Goat Island’

  19. SFFS

     

     

    I wonder if portraits of the English Queen have been taken down from Ibrox and homes across Scotland due to her attendance at IRA memorials here in Ireland? unless of course we’re taking of a different IRA?

     

     

    UC

  20. Gordon_J

     

     

    I agree with you, I was just rubbishing the idea that if its not in a manifesto you can’t do it!

  21. googybhoy ♥ Celtic and Integrity says:

     

    17 January, 2012 at 14:27

     

    Today Evening Times

     

    A 16-YEAR-OLD boy was brutally attacked on a train by four men after asking them to stop singing sectarian songs.

     

    The teenager was set upon while he was on the 4.42pm Glasgow Central-Kilmarnock service. The thugs repeatedly punched him in the head and body as horrified passengers looked on.

     

    It is understood one of the thugs also threw a bottle at the boy.

     

    ++++++++

     

    What songs were sung?

     

     

    —————————

     

     

    Not to be condoned, BUT…….read elsewhere, that the guy was 19 years old & he threw the first punch……….

     

     

    Paddy T

  22. WITS

     

    What if it had been a Marian shrine he was pictured beside ?

     

    Would his employers be entitled to sack him?

     

    Remember Political freedom is just as important

     

    as Religious freedom and no one should

     

    be sacked for holding either .

     

    Going by your logic if a Catholic Rangers

     

    player crosses himself and thus offends the hoards ,

     

    Rangers are with in their rights to sack him

     

    Tabhair domh sos

  23. What is the Stars says:

     

    17 January, 2012 at 14:43

     

     

    ‘How can Rangers not sack someone who posts pictures of himself at an IRA memorial.’

     

     

    1. Because he works for a sub contractor, not the huns.

     

     

    2. Because it’s not a valid reason for sacking someone.

  24. greenjedi – I was just rubbishing the idea that if its not in a manifesto you can’t do it!

     

     

    If it’s unlawful you shouldn’t do it, which is why the Prime Minister has kindly offered to facilitate the holding of a lawful referendum.

     

     

    You’d think the SNP would be thanking him. (thumbsup)

  25. Nuclear Bovril and a Half Munched Pie on

    Dontbrattbakkinanger says:

     

    17 January, 2012 at 14:56

     

     

    No island is a goat, unless………………..

     

     

     

    It’s the island of Mokuauia which is alledgedly goat shaped.

  26. greenjedi says:

     

    17 January, 2012 at 14:57

     

    ‘Gordon_J

     

     

    I agree with you, I was just rubbishing the idea that if its not in a manifesto you can’t do it! ‘

     

     

     

    If it’s not in the manifesto (and I thought it was) they can’t claim they have a mandate to do it.

     

     

    They certainly don’t have a mandate for a two question referendum. That certainly wasn’t in the mandate.

     

     

    Nor was lowering the voting age.