So funny. Fingers crossed they bugger off soon back to the leagues they have played most of their history at. It's mind blowing how many sides waste their time in the Premier League, so when they come back down with a few hundred million in the bank squander it. The amount of time they spent in the top flight they should have looked at building a brand new stadium to secure their future.
They're clubs that aren't based on solid foundation. This was always going to happen to Wigan and Bournemouth. The clubs that have surprised me in recent years are Bolton and Portsmouth. They were established clubs with decent support. That was just mismanagement of the highest order. However, trying to turn lower league clubs into European power houses isn't going to happen. The club will naturally reach a ceiling.
If we were in the Bournemouth situation of spending years in the top flight and coming down with a huge loss to the same old state of the stadium (as one example) we wouldn't be at all happy. I think most of our fans agree that if we made the Premier League we should use some of that cash to make our stadium fit for purpose to set us up for decades to come. Bournemouth had that chance but now could be a few years away from League One or Two in front of 5000 like for most of their time. Owners of Premier League clubs that lose money should face sanctions. The amount of money you make for playing top flight Football no club should ever make an annual loss.
You know what's coming. Cue the story that the Bournemouth owner suddenly wants to sell the club after parachute payments run out.
I'm sure they'll be fine. The intellectual colossus that is Jonathan Woodgate will return them to the Premier League gravy train, and there won't be a cloud in the sky.
Great point. I listened a podcast talking about Huddersfield’s time in the premier league & they were saying it’s as if it never happened. There’s no legacy from it, no improvement on training facilities & nothing done academy wise. Compare that to Burnley who have built top class training facilities & are trying to build a much better academy to hopefully bring young players through & establish themselves in the top flight.
Doesnt include the 50 million they have earned through transfers so alittle sensational reporting to be fair
Very much so, they netted £50.8m in sales just after their year end, I suspect their accounts mention those significant post balance sheet events. They'll also have saved a considerable amount on wages from those disposals thereafter. The most telling figure will be this seasons accounts and if they are over spending still given a lower league and the longer hit on revenues due to covid.
I was astounded when I read about the state of their training ground and the fact that they don't own their stadium. The money from even a single season in the Premier League should be enough to set any club up as a play off chasing Championship club with a rock solid base, practically in perpetuity. If I owned a club of Bournemouth's stature (or Barnsley's, for that matter) and managed to get them to the Premiership I'd be investing in the academy, training facilities and stadium first and foremost. All the back-office stuff and money spinning bits which could offer sustainability long after the inevitable eventual relegation would be worth the increased chance of going straight back down for me. Then again, I've never been accused of being a romantic!
They sold a good number of players after the end of the financial year though, so you would 'expect' a huge profit to be posted next year. How much are we betting they made another loss this year.
"We've not made any kind of loss. We've run things brilliantly. It's been a real lesson in how to manage finance." Bournemouth commentator, John Williams.
No wonder Willow was so excitable, it was desperation, if they fail to get promoted and the better players move on , they,ll be in deep do do...