Just reading about the financial state of various Champs clubs
Blackburn owe almost 150M to the Venkys, they have tax issues so it could get ugly.
Sheff Wed owe almost 200M to their owner, which is why he is not putting money in apparently, not because he is broke.
So many teams are hoping to get promoted to pay off their huge debts by selling out.
Its getting ugly out there with many teams having huge debts. The problem as I mentioned in the past is an owner who is not a fan could liquidate to try and extract as much cash before admin comes.
I think we have been pretty lucky to be so well run for many years and in a stable position.
Posted By: usacanary, Aug 30, 00:18:52
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