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Football / Re: Sunderland Summer Transfer Rumours Thread
« on: May 10, 2008, 05:05:37 PM »An informative thread …. good.
First of all about the money: for a while now I have been trying to understand how much and how quickly can investors in Prem teams make money; with the related question – should the board give Keane ₤50m. Keane spent about ₤40m at the start of the season, and a significant sum the year before, to get the team to the Premiere League. Now given that the League gave the club only about ₤30m, at the start of the season, it seams as though the club is carrying a lot of operational debt, from the prior two seasons. Gate receipts take care of wages, buildings etc and how much more is gained from those receipts. In the coming season (08-09) the club would again get only about ₤30m from the league. Now it is true that because the club is staying up, its value is growing, but how much is that factor. The bottom line is, why are the investors willing to risk that much? Why don’t they pocket most of the money (recovering their investment, plus a little profit) and say to Keane ``here is ₤20m, buy one striker and keep us up, then next year you will get more.’’ After all if they go down next year, and the ₤50m was invested, it would be a big loss.