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'The Big Four' - Merely stumbling, re-aligning or finished altogether?

24

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  • Registered Users, Registered Users 2 Posts: 40,595 ✭✭✭✭eagle eye


    Not for a long time. As long as SKY are willing to fork out hundreds of millions on TV rights, they'll keep the league at 20 teams to keep the number of games up. Frankly, if all the football clubs in the lower leagues went bust, they'd have no problem filling the vacant premiership spots with amateur sides if it meant an opportunity to sell a United game to a TV company.
    The money would have to upped to help those clubs that are suffering.
    For instance Blackburn which has been really well run financially by John Williams is very close to being in financial trouble. The sales of David Bentley, Roque Santa Cruz and Stephen Warnock have amassed over £40 million of which only £15 was available to spend on replacements, the rest went to keep the bank happy. Blackburn need to finish 12th in the league to break even and they don't have a huge wage bill having lost nearly all the big earners over the last two years.


  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't


    eagle eye wrote: »
    Man City, Aston Villa, Tottenham Hotspur and Sunderland all now have billionaire owners with plenty of money to throw at their teams.

    So do Motherwell, Celtic and QPR....

    Its not that simple.


  • Registered Users, Registered Users 2 Posts: 17,213 ✭✭✭✭therecklessone


    eagle eye wrote: »
    Which one? Tottenham is it?
    I know they are owned by a company but isn't that basically a company owned by Levy and Lewis?

    Joe Lewis is majority shareholder in ENIC (Levy has a % holding) but has invested absolutely nothing of his personal fortune in the club.

    Other than the money ENIC used to purchase equity in the club they have invested virtually nothing in the club *that may be nothing as well, but I can't recall exactly if they did put a few £m in to help the stadium project planning permission application)

    Anything spent at Tottenham has been earned through the business, and there is no reason to believe that will change any time soon.


  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't


    Not for a long time. As long as SKY are willing to fork out hundreds of millions on TV rights, they'll keep the league at 20 teams to keep the number of games up. Frankly, if all the football clubs in the lower leagues went bust, they'd have no problem filling the vacant premiership spots with amateur sides if it meant an opportunity to sell a United game to a TV company.

    Thats dangerously wrong. Why are Pompey on the verge of going out of existance? Why did TV money not save Seria A from a fall from grace?

    Sky money funnels straight through to the players. No mark clubs like Bolton and Portsmouth (and Leeds) pay more and more to stay in the club and destroy themselves when they inevitibly fail to do so.


  • Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    eagle eye wrote: »
    The money would have to upped to help those clubs that are suffering.

    Thing is the clubs who aren't suffering don't give a sh*t. If Blackburn were to go bust it wouldn't bother them. The premiership would just suck up another championship club and build them up as the miraculous success story of the day like they did with Burnley, Hull, Reading, Wigan. Not only do they deflect attention but they get a great PR coup.

    The money is such that very few of the clubs in trouble will go bust while they are in the top tier. The lack of funds means they drop down and become the football league's problem.


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  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't



    The money is such that very few of the clubs in trouble will go bust while they are in the top tier. The lack of funds means they drop down and become the football league's problem.

    Define trouble?

    In examinership like Portsmouth?
    Making a huge operating loss like Bolton?
    Having owners borrow against them like Man United?
    Paying huge portions of earnings to banks like Blackburn?

    We are a few things going wrong away from the EPL making the LoI look like a model of solvency and stability.


  • Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    Thats dangerously wrong. Why are Pompey on the verge of going out of existance? Why did TV money not save Seria A from a fall from grace?

    No, you're analysis is dangerously wrong. You're not comparing like for like. The premier league negotiate a collective deal, this is not the case in Serie A. However, the big reason Serie A flopped is because of the public backlash to the corruption and secondly their big teams were bankrolled by millionaires long before the TV money became the significant.
    Sky money funnels straight through to the players. No mark clubs like Bolton and Portsmouth (and Leeds) pay more and more to stay in the club and destroy themselves when they inevitibly fail to do so.

    I'm not sure what this has to do with my post? Where the money goes doesn't make it any less valuable to the clubs does it?


  • Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    Define trouble?

    In examinership like Portsmouth?
    Making a huge operating loss like Bolton?
    Having owners borrow against them like Man United?
    Paying huge portions of earnings to banks like Blackburn?

    We are a few things going wrong away from the EPL making the LoI look like a model of solvency and stability.

    It's simple, Portsmouth/Bolton/Blackburn sell off all their players and with the TV money and gates from the bigger teams keep administration at bay until they are relegated. Then they drop down a league or two and go into administration, just like Leed's and every other club facing financial difficulties before them.

    United's a very different story, and that you would mention in the same sentence as Portsmouth displays a naivity on your part. Yes they are in debt, but their revenues are phenomenal. It's the Glazer's and the personal debt they've leveraged against the company that's the problem. They might strip the company of it's assets to keep their personal fortune afloat, but they aren't going to wipe out such a colossal brand overnight. A United that loans Old Trafford could still be a very successful club and company.


  • Registered Users, Registered Users 2 Posts: 40,595 ✭✭✭✭eagle eye


    Thing is the clubs who aren't suffering don't give a sh*t. If Blackburn were to go bust it wouldn't bother them. The premiership would just suck up another championship club and build them up as the miraculous success story of the day like they did with Burnley, Hull, Reading, Wigan. Not only do they deflect attention but they get a great PR coup.

    The money is such that very few of the clubs in trouble will go bust while they are in the top tier. The lack of funds means they drop down and become the football league's problem.
    All those clubs you mention are not capable of financial stability in the Premier League without finishing at least 12th on a consistent basis. The money paid out for finishing positions is that crucial to those clubs. Two years of 15th place or lower puts a huge financial strain on clubs outside those that I've mentioned as bigger clubs.
    For instance, last year Stoke received £7.6 million for finishing 11th in the league while Hull received £3 million for finishing 17th. Hull are not financially in a good position right now and are looking to lessen their wage bill this transfer window.


  • Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    eagle eye wrote: »
    All those clubs you mention are not capable of financial stability in the Premier League without finishing at least 12th on a consistent basis. The money paid out for finishing positions is that crucial to those clubs. Two years of 15th place or lower puts a huge financial strain on clubs outside those that I've mentioned as bigger clubs.
    For instance, last year Stoke received £7.6 million for finishing 11th in the league while Hull received £3 million for finishing 17th. Hull are not financially in a good position right now and are looking to lessen their wage bill this transfer window.

    You're missing the point. The league as an entity doesn't care. Those clubs have come in, raised the profile of the league somewhat as they give reporters a new angle to talk about, but up a bit of a fight to keep the TV companies and are then discarded for the next new thing. The league money off them by selling their games against the higher profile teams United etc. and then discards them when they are no longer viable.


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  • Registered Users, Registered Users 2 Posts: 700 ✭✭✭Prufrock


    I think the big four will have to reduce the cost of running their clubs to stay competitive. Too many players earn over £100,000 at Chelsea, United have a hugh debt to clear, Arsenal seem to be ok and we all know the problems Liverpool have.

    But money is only part of the problem. There is a lack of young talent at Liverpool and Chelsea. Now is the time to invest in young players who have the potential to make it into your first team. United and Arsenal have a good bunch of youngsters there who are already being blooded to see what they can do. If you can't match the spending power of your competition then you have to catch players early so you don't have to pay an arm and a leg for them.

    In terms of managers Arsenal are in safe hands. United will have to replace Alex soon as he won't manage when hes 70! Chelsea are a revolving door and...well there has been a great debate about how good a job Rafa has done at Liverpool so its down to your own judgement on this one.

    For now I think the only one of the big four in trouble are Liverpool. We've been told they have no money to spend, out of the Champions League, out of the FA Cup, out of the title race but with a chance to win the Europa League. They do need to buy in 2 or 3 really good players to compete. Gerrard is 29 and becoming a bit injury prone. Hard to see them finishing forth.

    United need to replace Giggs and Scholes soon. Very soon. Problem is can they afford United standard replacements? The squad looks ok with enough in it to finish in the top four.

    Arsenal are the most solid of the top four clubs. They have a good team that will only get better with experience.

    Chelsea have the best squad of the big four at the moment but can a team with a new manager each season have continued success?


  • Registered Users, Registered Users 2 Posts: 7,607 ✭✭✭patmac


    If Man City make it a 'big 5' what are the chances of an extra place in the Champions League for English clubs, as happened a few years back? As for United the future is very bleak because of the sell-out of the previous board to the Glazers, same goes for Liverpool, Chelsea will be ok and I think Arsenal's prudent transfer dealings will see them through. City could make the breakthrough this year instead of Liverpool, with Spurs and Villa pushing Utd close for the final spot. Any club that depends on CL income to balance the books like Leeds are foolish, but then there are very few prudently run Premier League teams.
    It would be good for the EPL if the big 4 cartel was broken up and others on a regular basis qualified for the CL as it would leave the top4 less reliant on CL income.


  • Registered Users, Registered Users 2 Posts: 10,609 ✭✭✭✭Dont be at yourself


    I don't think Platini will give the premiership another CL place. He's more likely to take one away.


  • Registered Users, Registered Users 2 Posts: 1,817 ✭✭✭larchielads


    i think the "big 4" will be renamed the "top 4" as with the likes of citys and spurs spending power will in time get them champ league places wit these teams chopping and changing season in season out. So every season we here sky sports go on about top 4 it just wont be utd chelsea arsenal and pool. next year top 4 for eg: utd chelsea arsenal city.....year after it could be chelsea pool city spurs .....and so on so forth.

    so for me top 4 instead of big 4.

    villa also in wit a shout to be named a top 4 side in the future wit the way things are goin for utd,pool and arsenal as arsenal haven't won anythin in ages and while not producing trophies they produce players and who knows if they'll ever be good enough to turn talent into trophies????


  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't


    No, you're analysis is dangerously wrong. You're not comparing like for like. The premier league negotiate a collective deal, this is not the case in Serie A. However, the big reason Serie A flopped is because of the public backlash to the corruption and secondly their big teams were bankrolled by millionaires long before the TV money became the significant.

    But my point is that oceans of money does not insulate a team, never mind a league from meltdown.

    I'm not sure what this has to do with my post? Where the money goes doesn't make it any less valuable to the clubs does it?

    Yes it does. If a club is spending 150% of its turnover on wages, and some EPL clubs are, it matters not a damn what their tv money levels are.

    The EPL is a very badly run league, but the clubs ability to raise debt kept them alive. Those days are gone in the credit crunch and I fully expect to see a club go bust and a major realignment of wages across the board - including the big boys.


  • Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    But my point is that oceans of money does not insulate a team, never mind a league from meltdown.

    What is your point? A team who's revenue is in the tens of millions has the same probability of failure as a team that earns tens of thousands?


  • Registered Users, Registered Users 2 Posts: 2,018 ✭✭✭mirwillbeback


    The Top 4 is no more, Liverpool have f*cked up royally this season. In a league where the financial power of clubs makes it a very uneven, indeed unfair playing field, the mismanagement of Liverpool by both owners and the tactically stubborn manager has caused them to drop out of the " Big 4 ". Quite an achievement.

    Man City are the most likely, but in the current climate of huge losses and pressure in football, I think long term the current big 3 will be dissolved as well. Aston Villa and Spurs are two I feel likely to over take one or more of these teams in the next 5 years.

    I think it is only Wenger's genius who keeps Arsenal competing with the financial muscle of the others, and Alex Ferguson has been blessed by Ronaldo's skills for the last few years covering up an otherwise pretty poor side. Chelsea are good, but need a big overhaul of the aging players in the next couple of years.

    Have to say though, personally, I am DELIGHTED at Liverpool's demise, could be nice earner for me come May.


  • Registered Users, Registered Users 2 Posts: 4,661 ✭✭✭Fuhrer


    Alex Ferguson has been blessed by Ronaldo's skills for the last few years covering up an otherwise pretty poor side.


    A side so poor that they are second?


    Wow, Ronaldo must be really talented to be able to help them out from Real MAdrid...


  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't


    What is your point? A team who's revenue is in the tens of millions has the same probability of failure as a team that earns tens of thousands?

    Exactly, especially today when credit is far harder to come by.

    My point being that some big names in the English game are going to fall very, very hard in the next year or two and I would not be surprised if a couple of EPL sides are no more.

    EPL clubs are extremely badly run, whether it be paying way to much in wages, being too heavily in debt at a bad time to owe banks or reliant on one individual or a combination of the above and chickens have to come home to roost.

    Three of the top four are in a far more perilious position than they were 5 years ago and the jury is still out on Chelsea.


  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't


    Fuhrer wrote: »
    A side so poor that they are second?


    Wow, Ronaldo must be really talented to be able to help them out from Real MAdrid...

    With the current issues at the club, do you think Man United will be able to achieve even second in, say, two years time?


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  • Registered Users, Registered Users 2 Posts: 2,018 ✭✭✭mirwillbeback


    Fuhrer wrote: »
    A side so poor that they are second?


    Wow, Ronaldo must be really talented to be able to help them out from Real MAdrid...

    There is such thing as a poor second.

    6 league defeats so far, out of FA Cup, playing rubbish on the field and almost bankrupt off it.

    And Ronaldo did help them this year, look at the accounts.


  • Moderators, Arts Moderators Posts: 36,086 Mod ✭✭✭✭pickarooney


    If some of the higher-up clubs in financial difficulty were to slash their wages across the board (at least for any new contracts), how many players would still want to play for, say, Liverpool on 20,000 a week or Manchester United on 10,000 if they could get 40,000 or 70,000 at Man City?

    At what point would there be simply too much competition for places at Man City for players to not want to join them?

    Realistically, it has to happen at some stage - clubs are going to have to get realistic and start offering wages they can afford while still staying in business and players are going to have to accept it.

    From the fan's point of view, would most supporters prefer to see their teams doling out ridiculous sums on big-name players or bringing young players through the ranks? Economically, it makes so much more sense to do the latter that it's hard to understand why clubs are seemingly not making any real effort to bring it about. More clubs need to realise that dropping out of Europe, or even relegation is not that big a deal compared to outright collapse.

    Furthermore, the basement clubs are only going to see attendances go further and further down as fans get sick of spending their precious cash on watching their teams having no ambition above 17th place.


  • Registered Users, Registered Users 2 Posts: 9,153 ✭✭✭everdead.ie


    If some of the higher-up clubs in financial difficulty were to slash their wages across the board (at least for any new contracts), how many players would still want to play for, say, Liverpool on 20,000 a week or Manchester United on 10,000 if they could get 40,000 or 70,000 at Man City?

    At what point would there be simply too much competition for places at Man City for players to not want to join them?

    Realistically, it has to happen at some stage - clubs are going to have to get realistic and start offering wages they can afford while still staying in business and players are going to have to accept it.

    From the fan's point of view, would most supporters prefer to see their teams doling out ridiculous sums on big-name players or bringing young players through the ranks? Economically, it makes so much more sense to do the latter that it's hard to understand why clubs are seemingly not making any real effort to bring it about. More clubs need to realise that dropping out of Europe, or even relegation is not that big a deal compared to outright collapse.
    Arsenal Wage structure is capped around 100,000 no? They spend roughly 45% of turnover on wages, Spurs pay about 48% of turnover on wages with King on 75-80,000 the highest earner If they can both do it why can't others with bigger stadia pay higher wages still


  • Closed Accounts Posts: 6,934 ✭✭✭OhNoYouDidn't


    Arsenal Wage structure is capped around 100,000 no? They spend roughly 45% of turnover on wages, Spurs pay about 48% of turnover on wages with King on 75-80,000 the highest earner If they can both do it why can't others with bigger stadia pay higher wages still

    Because those clubs have debt to service and like it or not, that will take prioity over the next few years.

    Man City aside, will any EPL club be in a position to grab the top players from outside England any more.


  • Registered Users, Registered Users 2 Posts: 17,213 ✭✭✭✭therecklessone


    Because those clubs have debt to service and like it or not, that will take prioity over the next few years.

    Man City aside, will any EPL club be in a position to grab the top players from outside England any more.

    Chelsea have converted all of their debt into equity for Abrahamovic.


  • Registered Users, Registered Users 2 Posts: 9,153 ✭✭✭everdead.ie


    Can I ask how do people see the top 7 lining out come may?
    Personaly I think
    Chelsea
    Arsenal
    Man Utd

    but then it becomes an awful lot more difficult to see the next four and how they will line out I think Man City have the(slight) edge but there isn't much difference between Liverpool/Villa/Spurs/Man City


  • Registered Users, Registered Users 2 Posts: 20,617 ✭✭✭✭PHB


    Ultimately, for me, business drives everything in the long term. While there may be a manager of two taking it to a higher level, money will determine everything.

    Manchester United are in one sense fantastic financially, and in one sense ****ed. Before Interest issues, United are still one of the most profitable clubs in World Football. The Glaziers are going to **** up our football success for a while imo, but not massively. I do think that eventually, United will be sold to somebody who will clear the debt and take on the club as a profit making enterprise.
    In which case, there will still be money for significant transfer spend and wages due to the stadium, and thus I can't see United ever dropping out of the top 4 for a long period. However, Fergie leaving will be a major issue. I fully expect him to be replaced by Mourinho though.

    Chelsea appear to be in a better position, but aren't. Their costs are massively higher than their real profit. They owe more money than United do, although it is to Ambrovomich. If he stays, they'll be fine, and never probably drop out of the top 4. If he goes, they are in serious trouble. If he ever decide to call in his loans, they'd be beyond ****ed. More debt than United but less revenue.

    Arsenal imo are in the best shape financially. They have debt, but its managable. They are using it to get the new stadium. Once that is paid off, they will be a powerhouse. They've got the 2nd biggest stadium, a huge fanbase, and a strong young squad. Once Wenger leaves however, there will be issues.

    Liverpool are similar to United in terms of finances, but ultimately have a smaller stadium. Until they can get that new stadium, they will still forever be at a financial disadvantage to United, and soon Arsenal aswell. IMO they will eventually get new investors, and with any luck, they'll have the money to build a new stadium. Nonetheless, I think their squad is seriously lacking in quality, especially in terms of youth prospects. I do think that the new manager will dictate an awful lot, so the choice needs to be the right one.

    Man City are imo like Chelsea 5 years ago. Mancini is a good manager, but imo he's got to do the work of Ranieri, and then the work of Mourinho. The squad is still bleh, and needs an awful lot of work to become PL winners. However they have a huge huge huge chance of taking 4th this year, and with that, could seriously push on. It'll require the right purchases though, can they buy as well as Essien, Drogba, Robben, Carvalho? They were some impressive purchases.

    Villa will continue to hover. Financially sound. Until they get CL football, they will be restricted in who they can attract. They need to do it this year imo, because if they don't, they'll lose their best players. An element of last chance saloon.

    Spurs are very financially safe. A little bit behind Arsenal, but only 3-4 years. With the money for the stadium, they may need to restrict the transfer spend a little, but can still be big spenders.

    IMO, what I think will happen, is that United, Chelsea, Arsenal and Liverpool can all win the league in the next 5 years. I think that will depend an awful lot, an awful lot, on the managers chosen. However I can't predict that, but financially, United and Arsenal are the most profitable clubs out there. Chelsea and City are precarious, could go big spending, could go Leeds. Spurs are just a little behind Arsenal. Liverpool are further behind again, and may not get that new stadium for a while longer.


  • Registered Users, Registered Users 2 Posts: 17,213 ✭✭✭✭therecklessone


    PHB wrote: »
    Chelsea appear to be in a better position, but aren't. Their costs are massively higher than their real profit. They owe more money than United do, although it is to Ambrovomich. If he stays, they'll be fine, and never probably drop out of the top 4. If he goes, they are in serious trouble. If he ever decide to call in his loans, they'd be beyond ****ed. More debt than United but less revenue.

    See my earlier post, Abrahamovic converted those loans into equity, the club are debt free.


  • Closed Accounts Posts: 3,258 ✭✭✭MUSEIST


    See my earlier post, Abrahamovic converted those loans into equity, the club are debt free.

    I know yeah, this fact seems to have gone over most footie fans heads, chelsea owe nothing to abramowich a tthe mo


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  • Closed Accounts Posts: 8,983 ✭✭✭leninbenjamin


    MUSEIST wrote: »
    I know yeah, this fact seems to have gone over most footie fans heads, chelsea owe nothing to abramowich a tthe mo

    They announced it over Christmas did they not? It seems like they wanted to keep it as low profile, seems great on the surface but some seem to think this is Ambramovich eyeing up an exit strategy.


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