The Impact of Covid on Spurs & Football

[BernardMatthews]

The FA need to be worrying about the smaller clubs, not worrying about wage deductions in the PL. they are the ones who will really be in the shit and it’s barely mentioned.

I saw someone mention about the FA cup prize fund and how that could be distributed through lower leagues. Worked out to be quite a bit per club. Sizeable enough to make a difference.

 

[Col_McCafferty]

Does anyone think if Poch was still manager that he would've called out the club over their taking advantage of the government's furlough scheme?

Or at least he would've offered to take a pay cut and, subsequently, pressured players to do the same?

Just a thought.

 

[Jenny Talia]

The issue, as far as I can see, is not that they are willing to take a cut but that they are not willing to take a cut to allow the owner to keep the cash.
Imagine you are Mark Noble, you take a 30%pay cut hoping that your 30k is going to pay for the non playing staff. The dildo brothers and Edmonton’s finest think otherwise and just keep it in their pocket. Would you be happy?
I used a Spammer because their owners are the type of bounders who would play such a trick.

Look at it another way, what if players refuse to take a pay cut, the club goes bust and they end up with 100 per cent of nothing.

 

[BernardMatthews]

Look at it another way, what if players refuse to take a pay cut, the club goes bust and they end up with 100 per cent of nothing.

I think players tend to get paid before anything else.

But if multiple clubs go to the wall and you get an issue of the supply of premier league footballers far outstripping demand what are the odds on the Chinese League suddenly getting an influx of players. They pay inflated wages generally??

The irony eh......

 

[Brian Fantana]

I think players tend to get paid before anything else.

But if multiple clubs go to the wall and you get an issue of the supply of premier league footballers far outstripping demand what are the odds on the Chinese League suddenly getting an influx of players. They pay inflated wages generally??

The irony eh......

Not in the case of us, HMRC (like always) and the banks would be first in line if we went into administration. The players would be further down the line.

 

[Notabadsquad]

The impact of this virus is like a wrecking bull.

No one can really guess because nobody has ever seen or witnessed anything like it.

We are now in completely unchartered waters.

 

[BernardMatthews]

Not in the case of us, HMRC (like always) and the banks would be first in line if we went into administration. The players would be further down the line.

Don’t know if they get paid weekly or monthly?

And if players stopped getting paid they would be among the first to know the Club is in trouble. And probably act accordingly.

 

[Hrytn]

 

[Distaste for scouse]

I think it's amazing it took so many so long to wake up to the excesses and flaws of capitalism. That it's need a pandemic is frankly dispiriting. They will eventually rumble to the fact that working class footballers are merely lottery winners, they are not the owning or merchant class. That we we are talking about the wages of 0.002% as demonstrative of societies economic inequality is ludicrous.

While their are deep flaws with Capitalism its still the best system we have, Socialist systems always end up being far more authoritarian and worse for the economy in the long run.

I think what we will see as a result of this virus is a slowdown of the football economy/markets as clubs will have tighter budgets as a result. Some clubs are going to wrack up a lot of debt, I don't see the transfer markets returning to normal anytime soon.
And as the primary asset of most clubs are its players and that asset will be worth less as nobody will be able to afford the current valuations or wages this could easily spiral out of control.
While clubs won't just be able to reduce player wages due to contract obligations, I expect wages to naturally reduce as player valuations decrease and during contract re-negotiations.
For how long this slow down will last is unclear.
I think its clear that when the dust settles we will lose a lot clubs to this, mostly in the lower leagues but we could lose some of the bigger clubs as well.

 

[Andersen]

I get that feeling. Football is over and not just for the covid period. So much rancid going on and when you finally have the time to sit down and think about it. Wages vs quality? Wages? Prices for fans? You just know that BT and Sky Sports is down the toilet. Right out of pockets. Meanwhile Kyle Walker are hosting sex party. Him and Wayne Rooney. I can't deal with that

 

[Matt1882]

Footballers are easy targets. I’m not sure why their riches are questionable compared to say actors and musicians.

I’ve never understood the idea that they are role models. It’s like wanting to be like a lottery winner. There’s no substance there.

Think I’ve had my fill of Levy and Enic though. Just bored of their nonsense.

I think it's hilarious how the haters look for every footballer indiscretion and make them into monsters for not being role models, but leave all the drug addled, adulterating barely literate "musicians" well alone.
They also suggest a player who spends all of their prime years training their arses off, watching what they eat and, for the highest paid at least, being careful what they get up to, doesn't deserve it.
Yet an actor or musician that does fuck all most of the time, has a team if creative people doing their work for them do little for their fans etc never get questioned.

I'd be interested to know if this is just a British thing. I seem to sense a growing resentment to the haves from the have-nots.

 

[Distaste for scouse]

I think it's hilarious how the haters look for every footballer indiscretion and make them into monsters for not being role models, but leave all the drug addled, adulterating barely literate "musicians" well alone.
They also suggest a player who spends all of their prime years training their arses off, watching what they eat and, for the highest paid at least, being careful what they get up to, doesn't deserve it.
Yet an actor or musician that does fuck all most of the time, has a team if creative people doing their work for them do little for their fans etc never get questioned.

I'd be interested to know if this is just a British thing. I seem to sense a growing resentment to the haves from the have-nots.

You're right its not the players faults that they are worth what they are worth. Its the market that decides their value.

However, I do think that when the PFA comes out with bullshit statements to prevent talks of wage cuts it turns the public against them.

There is a very pinko element in our society that does resent people who do well for themselves.

And at times like these people do sit and think "Hang on, why is this guy earning £200k a week to kick a bit of leather round a pitch, while that nurse over their on her last legs is earning £20k a year?"

The answer to that question of course is that virtually anybody with a bit of training can be a nurse. While only a small percentage have the talent to make it as a pro sportsman. So its basically a supply/demand equation. But it still sits badly with people.

Ultimately player wages and valuations will decrease if the market shrinks. And I can't see it not shrinking even if only temporarily as no clubs are going to be able to continue spending what they were spending on players after this crisis.

 

[Andersen]

I think it's hilarious how the haters look for every footballer indiscretion and make them into monsters for not being role models, but leave all the drug addled, adulterating barely literate "musicians" well alone.
They also suggest a player who spends all of their prime years training their arses off, watching what they eat and, for the highest paid at least, being careful what they get up to, doesn't deserve it.
Yet an actor or musician that does fuck all most of the time, has a team if creative people doing their work for them do little for their fans etc never get questioned.

I'd be interested to know if this is just a British thing. I seem to sense a growing resentment to the haves from the have-nots.

Your argument is only valid for top 10 footballers not a whole league. How many great music bands are there?

 

[kwitie]

Not in the case of us, HMRC (like always) and the banks would be first in line if we went into administration. The players would be further down the line.

I seem to recall the PL got a bespoke administrative deal wherein players are higher rated creditors than banks (unlike most adminstration/liquidations where banks are the second after HMRC). Don’t quote me on that though because I am not sure

 

[Andersen]

I would say 10 great bands with 4 musicians. Try paying 40 instead of 18 times 22

 

[Matt1882]

You're right its not the players faults that they are worth what they are worth. Its the market that decides their value.

However, I do think that when the PFA comes out with bullshit statements to prevent talks of wage cuts it turns the public against them.

There is a very pinko element in our society that does resent people who do well for themselves.

And at times like these people do sit and think "Hang on, why is this guy earning £200k a week to kick a bit of leather round a pitch, while that nurse over their on her last legs is earning £20k a year?"

The answer to that question of course is that virtually anybody with a bit of training can be a nurse. While only a small percentage have the talent to make it as a pro sportsman. So its basically a supply/demand equation. But it still sits badly with people.

Ultimately player wages and valuations will decrease if the market shrinks. And I can't see it not shrinking even if only temporarily as no clubs are going to be able to continue spending what they were spending on players after this crisis.

Ask the same person to treble their tax bill so their hero nurses and military personnel can earn more and then what do they say...
Also ask them where the money goes if the players don't earn it and what do they say...
Ask them if they're OK for golfers to earn for fortune for barely breaking a sweat a few times a year, what do they say....

Just a bunch of angry jealous individuals with no ambition to do well for themselves.
Half of them probably watch useless oxygen thieves like Kardashians and "reality tv" stars doing nothing for humanity earning decent money and don't bat an eyelid.

As for the PFA, they're just a glorified union looking out for themselves.

 

[Andersen]

I seem to recall the PL got a bespoke administrative deal wherein players are higher rated creditors than banks (unlike most adminstration/liquidations where banks are the second after HMRC). Don’t quote me on that though because I am not sure

Funny thing. Taxpayers will be paying in the end

 

[Matt1882]

Your argument is only valid for top 10 footballers not a whole league. How many great music bands are there?

Apparently the average wage of a pro footballer is less than the national average, dragged right back down by the vast majority that aren't on elite salaries.
As many musicians barely make money, some makes hundreds of millions and squander it. Joe Public doesn't discriminate between either group though

 

[Andersen]

Apparently the average wage of a pro footballer is less than the national average, dragged right back down by the vast majority that aren't on elite salaries.
As many musicians barely make money, some makes hundreds of millions and squander it. Joe Public doesn't discriminate between either group though

You have no facts to back this up. Stop making up shit

 

[Andersen]

English Premier League salary 2018/19 | Statista