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September 19 2020 7.53pm

How can the club survive?

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View Eaglehamster's Profile Eaglehamster Online Flag Storrington 24 Mar 20 2.07pm Send a Private Message to Eaglehamster Add Eaglehamster as a friend

How can CPFC continue with a big wage bill and no income?
Am I missing something here? cos I seem to be the only one here asking the question.

 


My dad made me a Palace fan. Never forgiven him.

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View Plumpton eagle's Profile Plumpton eagle Flag Plumpton Green 24 Mar 20 2.39pm Send a Private Message to Plumpton eagle Add Plumpton eagle as a friend

The great majority of CPFC income (90%+) probably comes from the sale of Premiership TV rights. I believe that this may be paid in advance or at worst in installments. Income will be down of course and a concern. But it is unlikely that will be by enough to make it a survival issue.

For clubs in the lower leagues, the situation is much more grave. Hopefully (though I doubt it), the premiership will step in and offer financial support.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 24 Mar 20 2.40pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Eaglehamster

How can CPFC continue with a big wage bill and no income?
Am I missing something here?

Yes.

The bulk of the club's income comes from Sky and the second largest hunk comes from season ticket sales.

The main slice of income that they are missing out on is season ticket sales for next year

 

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View jeeagles's Profile jeeagles Flag 24 Mar 20 3.45pm Send a Private Message to jeeagles Add jeeagles as a friend

I'm pretty much convinced that Sky will be doing everything they can not to pay the clubs anything whilst trying to hold on to all their subscribers.

If the TV money doesn't come through then a lot of premiership clubs will be in real trouble unless the players agree to a wage cut. As all clubs will be more or less in the same boat then I don't think they will be trying to steal each others players and the players will be forced to take it.

It will be a much bigger problem as you go down the leagues where match day revenue is lower and players arent so increadibly wealthy.

This could also cause issues for FFP.

 

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 24 Mar 20 5.34pm Send a Private Message to ASCPFC Add ASCPFC as a friend

You mean now or just in general?

 


I used to put the manager's name in front of Red and Blue but got fed up with changing it. If someone cool becomes our manager then maybe..

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View pompeyeagle's Profile pompeyeagle Flag Relocated to Shropshire 24 Mar 20 10.43pm Send a Private Message to pompeyeagle Add pompeyeagle as a friend

Maybe they had a premonition when they decided not to spend the money from AWB's sale.

 

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View derby eagle's Profile derby eagle Flag Derby 25 Mar 20 8.21am Send a Private Message to derby eagle Add derby eagle as a friend

Originally posted by pompeyeagle

Maybe they had a premonition when they decided not to spend the money from AWB's sale.

In retrospect awsome foresight. Who have thought one of the most bizarre transfer strategies in the prem would leave us comfortably placed mid table. If the league starts again we are fine. If we stay in lock down for months we have a slush fund. Cut wages a bit and we could be top 4 with 13 months!

 

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View Uphill's Profile Uphill Flag Bedford 25 Mar 20 10.18am Send a Private Message to Uphill Add Uphill as a friend

Originally posted by jeeagles

I'm pretty much convinced that Sky will be doing everything they can not to pay the clubs anything whilst trying to hold on to all their subscribers.

If the TV money doesn't come through then a lot of premiership clubs will be in real trouble unless the players agree to a wage cut. As all clubs will be more or less in the same boat then I don't think they will be trying to steal each others players and the players will be forced to take it.

It will be a much bigger problem as you go down the leagues where match day revenue is lower and players arent so increadibly wealthy.
this could also cause issues for FFP.

Sky allowing Sports customers to pause their subscription so expect they'll pause their payments to PL as well

 

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View Midlands Eagle's Profile Midlands Eagle Flag 25 Mar 20 10.33am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Uphill


Sky allowing Sports customers to pause their subscription so expect they'll pause their payments to PL as well

That was a gesture of goodwill and they weren't contractually bound to do it.

I expect that Sky's contract with Premier League to be fairly watertight

 

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View Painter's Profile Painter Flag Croydon 25 Mar 20 7.46pm Send a Private Message to Painter Add Painter as a friend

Originally posted by Midlands Eagle

That was a gesture of goodwill and they weren't contractually bound to do it.

I expect that Sky's contract with Premier League to be fairly watertight

It looks like the Premier bubble is about to burst. I expect clubs are contracted to complete 38 games, BT, International and Sky contracts will stipulate the amount of games they are paying to air. The season isn't going to be completed, so they wont be paying the full amount.
Its going to hit clubs like Palace hard, who are very dependant on TV revenue with about 80% of projected revenue going on wages. Barcelona players have offered/asked to take a drop in wages, how many players in the Premier would?

 

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View kev64's Profile kev64 Flag Thorney, Cambs 25 Mar 20 7.51pm Send a Private Message to kev64 Add kev64 as a friend

Originally posted by Painter

It looks like the Premier bubble is about to burst. I expect clubs are contracted to complete 38 games, BT, International and Sky contracts will stipulate the amount of games they are paying to air. The season isn't going to be completed, so they wont be paying the full amount.
Its going to hit clubs like Palace hard, who are very dependant on TV revenue with about 80% of projected revenue going on wages. Barcelona players have offered/asked to take a drop in wages, how many players in the Premier would?

With Euros cancelled, I would expect the PL may resume, depending on lockdown.. maybe July ?

 

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