Finances in the championship

Interesting article on Blackburn Rovers and championship finances in general
https://www.lancashiretelegraph.co....-rovers-expert-gives-context-latest-accounts/

 

Scary reading some of that. Shows how important it is to clubs like ours to be able to find and nurture potential, and most importantly get good fees for them when they do move on - which over the past couple of years i think we've massively improved on

 

I think the scariest thing is the fact that average losses in the championship are between £350k and £400k per week or close on £20m per year.

Relying on uncovering talent and hoping that can meet the yearly shortfall is a high risk strategy which, with the exception of Brentford, hasn’t paid off.

 

It's completely unsustainable, until wages across the whole of football are curbed it will keep spiralling.
In the end there will only be a select few owners willing to keep standing by those type of loses, the clever accounting will run out and that will be that.

 

This has been said for the last 25 years. And yet it has been sustained.

 

Somehow. I'm also expecting things to go very badly wrong at any moment. Yes, quite a few individual clubs are in a financial pickle, but the system as a whole is still functioning.

 

If you go back 25 years I don't think clubs in the 2nd Tier were losing 400-500k a week, wages are currently accounting for £795m per year, there will come a point where owners cut their loses

 

It makes you wonder what state they’d be in if they didn’t get what they did for Adam Wharton.

I remember Wigan fans making out losing 900k a month was nothing because they had sellable assets but every assets only one bad tackle or freak injury away from being worthless. It’s ridiculous to allow yourselves to end up in that position.

 

But they were making losses and people continually claimed it couldn't be sustained. And they have done ever since. But here we are and it is being sustained.

 

Shows how bad owners are at spending only what they make and at creating new revenue streams to be less reliant on player sales which annoy fans and only weakens the team.

 

But were now talking about a completely different monster there are clubs now posting loses of £20m+ not £2/3m, that's a significant increase that can't be absorbed indefinitely there simply has to be a different model.

 

It won't be long before championship clubs are playing games in Amercia, the options are running out

 

This.

And some other way to keep it going will be found. We had been until recent seasons in a prime position to capitalise when the so called bubble burst.

I've lost belief that it will burst. And just forever get worse

 

Don't disagree but I get the point @Jay is making.