After promotion to Premier League….

[Loftus]

Originally Posted by cornishfrogboy

I think that they need to look long and hard at whatever Brighton and Bournemouth did in order to successfully transition into genuine Premier League sides without accumulating debt.

I don’t know what it was that they did, but it was clearly successful. Much ‘bigger’ clubs have tried and failed.

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They accumulate massive debt but are bankrolled by wealthy owners.

They got away with not breaching PSR last time because they were allowed a huge debt write-off because it was part of a takeover deal.

Amongst the many things that annoy me about the Premier League, the plucky little Bournemouth story is one of them. They are where they are because they have had and have exceptionally wealthy owners.

[salmim]

Originally Posted by Loftus

They accumulate massive debt but are bankrolled by wealthy owners.

They got away with not breaching PSR last time because they were allowed a huge debt write-off because it was part of a takeover deal.

Amongst the many things that annoy me about the Premier League, the plucky little Bournemouth story is one of them. They are where they are because they have had and have exceptionally wealthy owners.

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And very good managers and players 👍

[Loftus]

Originally Posted by salmim

And very good managers and players 👍

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It's true you have to spend the money wisely...

...but you have to have the money in the first place.

[tiggertastic]

Originally Posted by Loftus

They accumulate massive debt but are bankrolled by wealthy owners.

They got away with not breaching PSR last time because they were allowed a huge debt write-off because it was part of a takeover deal.

Amongst the many things that annoy me about the Premier League, the plucky little Bournemouth story is one of them. They are where they are because they have had and have exceptionally wealthy owners.

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Bournemouth owners wrote off 70mil in debt to avoid psr being broken this season.
Chelsea have mastered the art of loopholes so they can overspend. Just sold their ladies team to a subsidiary company for just enough to evade psr.
I read them a while ago so may not be accurate.
Brighton are not in debt mainly thanks to Chelsea overspending 😂

[Wazza]

Originally Posted by tiggertastic

Bournemouth owners wrote off 70mil in debt to avoid psr being broken this season.
Chelsea have mastered the art of loopholes so they can overspend. Just sold their ladies team to a subsidiary company for just enough to evade psr.
I read them a while ago so may not be accurate.
Brighton are not in debt mainly thanks to Chelsea overspending 😂

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You’re certainly right about Chelsea. What they’re doing, selling assets to another company albeit owned by the same people, isn’t against the rules and I’m surprised more clubs don’t do it

However, it isn’t sustainable long term as a club only have finite assets. It has been reported that if Chelsea fail to get Champions League football and the riches that go with it then they could soon be in trouble with PSR or whatever replaces it

[Nomis]

You have to spend the players, the ,championship is a world away from the PL and whilst it was hard 10 years ago it’s even harder.

The problem is that the players you have expect big bonuses for getting to the PL and you can’t sign the players you really need as you need to cover that risk of relegation and don’t want to be stuck with players on 5 year contracts on PL wages back in the championship.

Leicester who were an established PL team get back up go back down I ah endpoint that due tot parachute payments they will go back up next season it’s very very hard.