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D'artagnan

Recession Reaches Football

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I cannot recall this happening to a top-flight team ever before, but it appears that West Brom have been unable to secure a new shirt sponsor in time for the new replica kits going on sale:

Albion can also confirm discussions regarding a new club sponsor are continuing with interested parties.

While the negotiations are ongoing, the club is launching its new kits to ensure they go on sale before the Barclays Premier League season gets underway on August 16.

Initially, the club will unveil and sell shirts without a sponsors' logo.

However, should the discussions with potential shirt sponsors reach a successful conclusion, supporters who have purchased unsponsored shirts will be given the opportunity to have the new sponsors' brand welded on at no charge at a later date.

Albion Set to unveil new kits

Like a delusional homeseller, Albion are obviously holding out for money that will probably not get, only to have to accept a much lower offer in a few months time.

Is this a sign of the times? Are top players about to start experiencing the credit crunch also? What will gate receipts be like next season?

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not exactly top flight but Oldham have already lost TWO! sponsors who've gone into administration

http://www.oldhamadvertiser.co.uk/news/s/1...r_has_gone_bump

OLDHAM Athletic’s finances have taken a further blow after another of the club’s major sponsors entered voluntary administration. The Horners Group, which had Skoda and Mitsubishi branches in Greater Manchester, was one of the UK’s largest privately-owned motor groups.

...

News of Horners’ troubles comes hot on the heels of Latics’ main sponsors – Hillstone Developments Limited – also entering administration.

Bad time to be sponsored by property developers and car dealers :o

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Villa are sponsored by Acorn Children's Hospice for next season.

Effectively this means the owner Randy Lerner couldn't get a deal at the price he wanted and decided to give the rights for free to the official charity instead.

Good work.

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Can't we sponsor them...i'll chuck in a tenner to see HPC logo on the telly everyweek...even if it is wendyball

:P

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Can't we sponsor them...i'll chuck in a tenner to see HPC logo on the telly everyweek...even if it is wendyball

It would be interesting for the matches against Newcastle. Or Stoke!

Not to mention if they met Bradford in the FA cup ;)

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About 6 years ago, West Brom's shirt sponsor were "Coucher and Shaw", a local solicitors firm. They went bust and in the days of lower league football, "old" Div 2/3, they didn't make new shirts, just put black tape across the sponsor's names. Looked a bit comical.

Edited for research: It was 1994!! Time flies.

Edited by Stourbridge Baggie

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West Ham didnt have a shirt sponsor about 4 years ago for the season, as negotiations failed in time.

Things go wrong sometimes, and it doesnt allways have to be linked with House Price Crash's or Recessions.

Was that around the last time the economy/housing market was looking a little unsteady? :ph34r:

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West Brom are possibly the most financially sound football club in the country. Zero debt, turn a profit each year, low wage bill in comparison with practically all other prem teams, and a lot of championship clubs as well. Only spend on players what they can easily afford - and all this without a sugar daddy to bank roll them. Truth is they could go for the next decade without a shirt sponsor and still be in a better financial position than the majority of clubs. Hence why they're able to bargain for a better deal for their current sponsor.

Man U on the other hand - £700M in debt was it?

:blink:

Edited by Mr Ben

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This sites becomming worse and worse in spinning anything possible to be bad.

West Ham didnt have a shirt sponsor about 4 years ago for the season, as negotiations failed in time.

Things go wrong sometimes, and it doesnt allways have to be linked with House Price Crash's or Recessions.

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OP says "Recession Reaches Football".

Must be why some footballers are taking a second "job."

97E13D36-92FC-248A-AA350464C445C0A7.jpg

CCTV footage at the club in Portsmouth shows £8,000-a-week Wright-Phillips

joking with team mate Nathan Dyer as three friends rifle through the bags.

Dyer has pleaded guilty to theft of mobile phones and £145 in cash from

the handbags of minimum wage bar staff, who were doing their best

to make the players night an enjoyable one.

Ian Wright blasts son Bradley for looting bags in club + see video

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This sites becomming worse and worse in spinning anything possible to be bad.

West Ham didnt have a shirt sponsor about 4 years ago for the season, as negotiations failed in time.

Things go wrong sometimes, and it doesnt allways have to be linked with House Price Crash's or Recessions.

Burn the witch, burn the witch!!!

:P:P:lol:

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http://www.wsc.co.uk/content/view/399/29/

An English football club is now the must-have accessory for discriminating billionaires from all around the world – but does this trend make any financial sense? David Wangerin wonders if there is enough cash – and enough optimistic fans to part with it – to sustain the current booming revenues

I've wondered for a while how long this football boom will go on for.

Interesting article for anyone interested in Business and Football.

EDIT: article written 12 months ago, before Northern Crock and Credit Crunch went into the national vocabularly.

Edited by Notlongnow

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For the true definition of a "credit crunch" hitting football, see Stoke in 1976. The roof blew off one of the stands, the bank told us to sod off, and we were forced to sell Alan Hudson, Jimmy Greenhoff and Mike Pejic. It was downhill from there :(

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For the true definition of a "credit crunch" hitting football, see Stoke in 1976. The roof blew off one of the stands, the bank told us to sod off, and we were forced to sell Alan Hudson, Jimmy Greenhoff and Mike Pejic. It was downhill from there :(

Until this season though!

Good luck with it - just enjoy the ride.

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Everton planned to go sponsorless to celebrate their 100th season in the top flight a few years ago. That's the story, but it all changed when a Chinese beer brand nobody had heard of but whose name is apparently scouse slang for err...w..anchor waved a few fivers in their face. Gotta admire their steadfastness. :lol:

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Never ones to miss a publicity stunt,

Nulabour have found a mystery donor to get the logo on the shirts.

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West Brom are possibly the most financially sound football club in the country. Zero debt, turn a profit each year, low wage bill in comparison with practically all other prem teams, and a lot of championship clubs as well. Only spend on players what they can easily afford - and all this without a sugar daddy to bank roll them. Truth is they could go for the next decade without a shirt sponsor and still be in a better financial position than the majority of clubs. Hence why they're able to bargain for a better deal for their current sponsor.

Man U on the other hand - £700M in debt was it?

:blink:

Yeah £700M. Private equity eh? Nice work if you can get it. Borrow £700M to buy a football club then use said football club to pay the loan back. A bit like buying a BTL then making the tenants liable for the mortgage.

Sad thing is had Glazer waited 18 months he most likely couldn't have raised the finance.

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  • 395 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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