https://www.bbc.co.uk/sport/football/54177582 for £500K debt. Makes me sick when you look at the likes of Derby and Wendies.
Surely the local area/council could have between them got to 500k? They can't care much about the local football team or the money games there generate for the area on matchdays.
That is sad, wound up for less than some PL footballers get paid in a month. I didn’t realise they were so old, first formed in 1874?
Not just the debt though. Owner is always late with wages and has been for a couple of seasons along with other stuff hence the reason the EFL appealed the decision not punish them by the independent commission. Original decision overturned which meant stevenage survived and Macclesfield would be playing non league
A club that was in the football league up until last season is wound up, and the lead story on BBC sport's football page is Aston Villa signing Arsenal's second choice keeper.
Very sad. I dread to think how many more clubs will go if help is not provided by those at the top of the pyramid.
If clubs aren't allowed restriction free crowds soon then far bigger clubs than Macclesfield will go bust.
Makes me sick that 500k sends a club packing yet a few tiers up they can pay a player that in a week.
But you can’t expect richer clubs to subsidies reckless clubs . It had to come from stricter rules on what owners can spend imo , Covid is having a devastating effect on lower clubs but some owners have been cavalier with the clubs finances and to bail them out when other clubs who are also struggling have been sensible gives the green light to reckless owners imo , Not saying that’s the case with Macclesfield but we have fans at Wigan that still think they’re a well run club and didn’t owe any money .
Poor owners, Poorly run club. blaming others isn't the way ahead, clubs in league 2 get 1.8 million quid every year, cut your cloth accordingly, Macclesfield as a club may find their natural place is in non league, what right do higher league clubs have to feel guilty. thats all the while understanding that that paying players 300k a week in the premier league is just stupid. Im all for a salary cap protecting lower league clubs, one thats properly policed with appropriate punishments
Clubs should be able to look at the overheads and turn down promotion to the league if they aren't ready financially, but they don't from their own greed. What's wrong with being a big fish in a small pond?
I agree to some extent regarding reckless clubs & Wigan & Macc Town probably fit this category. The thing is in L1 & L2 income is mostly reliant on match day revenue, that is not the case in the Premiership & even in the Championship it is only a significant segment. The ending of last season early & this season behind closed doors with also reduced merchandise sales, catering, not to mention private functions at most grounds & loads of spin offs are things that could not be factored in. If at least 6 clubs don't go bust this season & maybe another 6 into admin I'd be most surprised. I can't see normality happening before March at the earliest & even that is optimistic. I do club work & weddings / parties running a DJ agency & no one is expecting to be back at work until March at the earliest. That will be 12 months with no revenue. 20% of venues have already closed & it is reckoned 50% are on the brink, if they are not open at Christmas. I see it pretty much the same for lower league football & for rugby, especially league, which struggles at the best of times & is largely responsibly run with salary caps.