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July 1 2022 8.31pm

How will the cost of living crises effect sport?

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View Stirlingsays's Profile Stirlingsays Flag 26 Apr 22 9.40am Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend


Considering that real inflation is probably closer to 10 percent than its published figure there is bound to be an eventual effect onto people's leisure spending.

A lot of the deals for football, boxing and other sports involve extremely large salaries and you can't help but think that this will effect them as well.


 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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View Nicholas91's Profile Nicholas91 Flag The Democratic Republic of Kent 26 Apr 22 9.54am Send a Private Message to Nicholas91 Add Nicholas91 as a friend

Originally posted by Stirlingsays


Considering that real inflation is probably closer to 10 percent than its published figure there is bound to be an eventual effect onto people's leisure spending.

A lot of the deals for football, boxing and other sports involve extremely large salaries and you can't help but think that this will effect them as well.


Certainly with football, there is some sort of 'run-away train' feeling with regards to finances... and that it will inevitably crash one day.

Reports (not that they are to be taken literally) saying about 50% of population are going to be struggling with the old 'heat or eat' dilemma soon whilst the likes of Premier League players are paid tens if not hundreds of thousands of pounds each week!

I dare not forecast or predict, primarily as I do not have sufficient knowledge to, but will be interesting to see how this plays out.

They day I cannot afford a hot meal for the family, I will rue my CPFC bathroom towel which is currently draped over the bannister and damn my wife for bothering me with ludicrous statements and subsequent questions/conversations, such as "You need a new towel, what sort of towel would you like?? " and my inevitable, difficult answer of 'a palace one' which, to her credit, she dutifully fulfils.

 


Here's to you the famous red and blue.....

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View Badger11's Profile Badger11 Flag Beckenham 26 Apr 22 10.29am Send a Private Message to Badger11 Add Badger11 as a friend

The government has just announced an independent regulator for football to cover finance and ownership amongst other things. No date for when this will happen or how much power the regulator will have but if it lives up to the hype this can only be a good thing for football.

The FA has completely failed the game and the fans and allowed the Premier League or rather the big 6 to run the game for their benefit.

I think players wages will stabilize or go down as the likes of the big Italian and Spanish clubs can't compete so apart from the elite players there is little competition outside the PL.

Palace have shown the way to go by reducing their wage bill.

 


One more point

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Yellow Card - User has been warned of conduct on the messageboards View W12's Profile W12 26 Apr 22 10.38am Send a Private Message to W12 Add W12 as a friend

I would be more concerned about the systematic destruction of supply chains and our food supply.
Some 18 huge food processing plants in the US gutted by fire (two hit by planes - what are the odds) while tens of millions of chickens and turkeys are destroyed because of ‘bird flu’. At the same time we have the government incentivising farmers with lump sums to retire and the Ukraine war taking a large percentage of crucial resources like potash for fertiliser, wheat, energy (oil and gas) out of the supply chain. And remember "cow farts" are the problem.

Make sure you have food in reserve.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 26 Apr 22 11.17am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

I wonder how much football will be affected. Football is a necessity to many and for many who go I expect there are other ways they can save money. Fewer takeaways, fewer clothes and shoe purchases, holidays etc. People have even got used to saving money on haircuts.

The few who decide not to go due to the living costs squeeze may not be such a loss in the premier league considering it’s corporate and tv revenue that matters, and again, football on tv is another essential to many. It could hurt clubs in leagues below however.

I find it a bit annoying when I hear people claim they’re paying more on energy bills than rent or their mortgage on the radio. Complete rubbish. What’s the average wage spent on rent/mortgage? Half the country would be defaulting and there would be property market crash. Maybe if they’re Middlesbrough for example this could could be true.

A lot of people are going to be added to the struggling list and do well to learn to cook rather than heat prepared stuff and treats.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 26 Apr 22 11.18am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Pubs will suffer. Expect more to disappear.

 


COYP

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Yellow Card - User has been warned of conduct on the messageboards View W12's Profile W12 26 Apr 22 11.21am Send a Private Message to W12 Add W12 as a friend

Originally posted by Rudi Hedman

I wonder how much football will be affected. Football is a necessity to many and for many who go I expect there are other ways they can save money. Fewer takeaways, fewer clothes and shoe purchases, holidays etc. People have even got used to saving money on haircuts.

The few who decide not to go due to the living costs squeeze may not be such a loss in the premier league considering it’s corporate and tv revenue that matters, and again, football on tv is another essential to many. It could hurt clubs in leagues below however.

I find it a bit annoying when I hear people claim they’re paying more on energy bills than rent or their mortgage on the radio. Complete rubbish. What’s the average wage spent on rent/mortgage? Half the country would be defaulting and there would be property market crash. Maybe if they’re Middlesbrough for example this could could be true.

A lot of people are going to be added to the struggling list and do well to learn to cook rather than heat prepared stuff and treats.

I think there is a very realistic chance of that happening in fairly short order.

 

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View georgenorman's Profile georgenorman Flag 26 Apr 22 11.28am Send a Private Message to georgenorman Add georgenorman as a friend

Originally posted by W12

I think there is a very realistic chance of that happening in fairly short order.

I agree with you for a change.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 26 Apr 22 11.30am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by W12

I think there is a very realistic chance of that happening in fairly short order.

Probably requires a recession what with the excess demand over supply of houses. It’s nearly 14 years since the last real recession and sticking plasters (furlough) prevented there being a proper one in 2020 in the developed world. 14 years is well overdue after preventing one from natural (or Wuhan made) causes this time rather than the usual- Greed.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 26 Apr 22 11.32am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Did the premier league cover themselves during the cutely corporate named ‘credit crunch’ with more global expansion? I seem to remember they did. Only so many places to expand to.

 


COYP

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View georgenorman's Profile georgenorman Flag 26 Apr 22 11.34am Send a Private Message to georgenorman Add georgenorman as a friend

Originally posted by Rudi Hedman

Probably requires a recession what with the excess demand over supply of houses. It’s nearly 14 years since the last real recession and sticking plasters (furlough) prevented there being a proper one in 2020 in the developed world. 14 years is well overdue after preventing one from natural (or Wuhan made) causes this time rather than the usual- Greed.

Recession? We are heading for a massive economic depression.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 26 Apr 22 11.45am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

The Musical Youth singing ‘How does it feel when you got no food’ really will be about food this time and not ganja.

 


COYP

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