Why are football club owners so dodgy?
Discussion
It strikes me that running a football club seems to attract wrong uns.
There's a fit and proper person's test some seem to get past and later it's discovered the person was up to varying levels of mischief.
I'm not saying every club, or every owner but it does seem an inordinate amount fly close to the wire.
Is it football? Is it sport? Is it ? Well what is it?
There's a fit and proper person's test some seem to get past and later it's discovered the person was up to varying levels of mischief.
I'm not saying every club, or every owner but it does seem an inordinate amount fly close to the wire.
Is it football? Is it sport? Is it ? Well what is it?
I get the impression that Tony Bloom, majority owner of Brighton, is not so much dodgy as a very shrewd businessman
He's made much of his money out of gaming and horse racing, which might in itself be viewed as dodgy, but he's clearly been putting into the club rather than taking out
Maybe he's the exception ?
He's made much of his money out of gaming and horse racing, which might in itself be viewed as dodgy, but he's clearly been putting into the club rather than taking out
Maybe he's the exception ?
mikef said:
I get the impression that Tony Bloom, majority owner of Brighton, is not so much dodgy as a very shrewd businessman
He's made much of his money out of gaming and horse racing, which might in itself be viewed as dodgy, but he's clearly been putting into the club rather than taking out
Maybe he's the exception ?
No, as similar to Mathew Benham's ownership of Brentford as well.He's made much of his money out of gaming and horse racing, which might in itself be viewed as dodgy, but he's clearly been putting into the club rather than taking out
Maybe he's the exception ?
Both also happen to be lifelong fans of their respective clubs, which I think is the big difference, and can be seen in the way both clubs are run.
Relatively easy access to huge amounts of finance, large assets to strip, loyal fan bases to make sure it doesn’t go out of business.
Some of the stuff that went on at rangers was unbelievable back in 2012-2015. Agreeing deals to sell future season ticket revenue for cash injections now which was then embezzled away in overly lucrative contracts to the then owners at the time. Giving Mike Ashley the rights to the club shirt and rangers were only making something like 8p in every £1 of club merchandise.
Some of the stuff that went on at rangers was unbelievable back in 2012-2015. Agreeing deals to sell future season ticket revenue for cash injections now which was then embezzled away in overly lucrative contracts to the then owners at the time. Giving Mike Ashley the rights to the club shirt and rangers were only making something like 8p in every £1 of club merchandise.
Lots of clubs syndicate future ticket sales as the asset against which they borrow.
Rangers case was special.
Agree through over the years Football club owners have been involved in a disproportionate numbers of financial scandals.
I think there is something about owning a club that gives undue prestige to people
Rangers case was special.
Agree through over the years Football club owners have been involved in a disproportionate numbers of financial scandals.
I think there is something about owning a club that gives undue prestige to people
mikef said:
I get the impression that Tony Bloom, majority owner of Brighton, is not so much dodgy as a very shrewd businessman
He's made much of his money out of gaming and horse racing, which might in itself be viewed as dodgy, but he's clearly been putting into the club rather than taking out
Maybe he's the exception ?
He did to get them where they are now, but the club is now run very profitably. Mainly due to the stupidity of my club's owners, who seem to want to just have a constant stream of millions moving from Chelsea to Brighton. He's made much of his money out of gaming and horse racing, which might in itself be viewed as dodgy, but he's clearly been putting into the club rather than taking out
Maybe he's the exception ?
I think BHA have about £400m cash in the bank, and he now has an asset worth many multiples of what he paid and put in. At some point he'll sell, and realise his reward.
Good for him I say. He's identified Chelsea is run by halfwits, and has taken full advantage. That's shrewd business.
I remember an interview with Alan Sugar talking about his Tottenham years.
He walked into El Tels office and saw the safe open with 40 odd grand in it.
Sugar being the business man wanted to know why all that cash wasn’t banked,clearing overdrafts or paying overheads.
Terry apparently had no answer
It’s not just the owners, plenty of grease applied to the wheels all the way down.
He walked into El Tels office and saw the safe open with 40 odd grand in it.
Sugar being the business man wanted to know why all that cash wasn’t banked,clearing overdrafts or paying overheads.
Terry apparently had no answer
It’s not just the owners, plenty of grease applied to the wheels all the way down.
Edited by bristolracer on Wednesday 2nd April 20:18
Thankyou4calling said:
It strikes me that running a football club seems to attract wrong uns.
There's a fit and proper person's test some seem to get past and later it's discovered the person was up to varying levels of mischief.
I'm not saying every club, or every owner but it does seem an inordinate amount fly close to the wire.
Is it football? Is it sport? Is it ? Well what is it?
My club was one of them, thankfully that was over 20 years ago and is unlikely to happen again.There's a fit and proper person's test some seem to get past and later it's discovered the person was up to varying levels of mischief.
I'm not saying every club, or every owner but it does seem an inordinate amount fly close to the wire.
Is it football? Is it sport? Is it ? Well what is it?
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