Do many Premier League clubs actually make profits?

I doubt many consistently do. So it could be argued they have more valid reasons to use the scheme than companies that have consistently paid out big amounts to owners/shareholders?

Posted By: mr carra on April 2nd 2020 at 09:50:32

Message Thread

Don’t understand the flack NCFC and other clubs have had (NCFC) - ingi, Apr 2, 09:41:53
- People saying it’s like any other business. Apart fro mtgs fact our business is sitting on (NCFC) - WalksietheReturn, Apr 2, 12:15:43
- It’s morally corrupt end off. (n/m) (NCFC) - WalksietheReturn, Apr 2, 12:11:33
- It stinks (n/m) (NCFC) - yellowman, Apr 2, 11:48:44
- I agree its business sense but I think the point really is that (NCFC) - Jim, Apr 2, 10:21:22
  - Totally agree Jim. (n/m) (NCFC) - ghost of hucks, Apr 2, 11:17:19
  - Well said Jim (n/m) (NCFC) - neonyellow, Apr 2, 10:48:49
- it just looks a bit bad for any business that has budgeted to pay many of its staff (NCFC) - Mecagoenti, Apr 2, 10:12:42
  - So pretty much any business then (NCFC) - mr carra, Apr 2, 10:19:48
    - no, it's not really like most businesses (NCFC) - Mecagoenti, Apr 2, 10:27:34
      - "like most PL clubs seem to have done" - do you reckon they will or is it more likely that (NCFC) - WestYorksCanary, Apr 2, 10:32:27
      - Most PL clubs have billionaire owners to enable them to 'swallow it' (NCFC) - mr carra, Apr 2, 10:31:09
  - They didn’t budget for a 40 million deficit did they Ffs (n/m) (NCFC) - loz, Apr 2, 10:16:14
    - What's the source for this £40 million deficit? (n/m) (NCFC) - emmaroyds, Apr 2, 10:21:21
      - The athletic clubs will owe 38m each for non completion of season (n/m) (NCFC) - loz, Apr 2, 11:37:39
        
        or receive £13m less for each of the next 3 seasons (NCFC) - CWC, Apr 2, 12:07:40
- you don't understand why paying people 20 40 50 60 70 150 400 K a week to not play footy (NCFC) - Tombs, Apr 2, 10:11:24
  - The two are not linked. Bizarre post (n/m) (NCFC) - maidstoneyellow, Apr 2, 14:51:59
  - Since when did Premier League clubs have any input on NHS salary bands? (n/m) (NCFC) - WestYorksCanary, Apr 2, 10:16:41
    - they have influence over paying their workers though or can they shit that on the taxpayer (NCFC) - Tombs, Apr 2, 10:18:20
      - You can't pay them if you lose a great chunk of your income (NCFC) - mr carra, Apr 2, 10:21:33
        
        it is no different but how you go about your business can make a difference (NCFC) - Tombs, Apr 2, 10:27:51
        
        That's a different argument though, Tombs (n/m) (NCFC) - WestYorksCanary, Apr 2, 10:30:20
        
        doesn't matter what the argument is anymore WYC x (NCFC) - Tombs, Apr 2, 10:34:59
        
        Yes, you will...for the days like Wembley, Blackburn & Spurs that make all this worthwhile (n/m) (NCFC) - WestYorksCanary, Apr 2, 10:39:09
      - They are about to lose 40 million out of their business... (NCFC) - loz, Apr 2, 10:19:33
        
        and? it's only football. (NCFC) - Tombs, Apr 2, 10:20:51
        
        it generates a f*** load of money for this country (NCFC) - mr carra, Apr 2, 10:26:29
        
        as does gambling (NCFC) - Tombs, Apr 2, 10:30:34
        
        To the non-playing staff it's a lot more than football, it's their income (NCFC) - WestYorksCanary, Apr 2, 10:23:06
  - they're still working (training) to keep in shape (NCFC) - mr carra, Apr 2, 10:15:02
- Totally agree (NCFC) - WestYorksCanary, Apr 2, 10:10:24
- It’s definitely business sense (NCFC) - SCC 28, Apr 2, 09:46:11
  - Do many Premier League clubs actually make profits? (NCFC) - mr carra, Apr 2, 09:50:32
    - That’s true (NCFC) - SCC 28, Apr 2, 09:54:45
      - I guess their argument would be... (NCFC) - mr carra, Apr 2, 10:11:44
  - Why Orem clubs are going to have a 40 million cash deficit soon (n/m) (NCFC) - loz, Apr 2, 09:47:43
    - They’re certainly trying not to (NCFC) - SCC 28, Apr 2, 09:50:36
      - It’s ludicrous pie in the sky though time to face reality ... (NCFC) - loz, Apr 2, 09:55:22
        
        I'd dispute the insurance point (NCFC) - CWC, Apr 2, 10:01:10
        
        Only seen Wimbledon mentioned (NCFC) - SCC 28, Apr 2, 09:59:15

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