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96tommy

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Joined
18 May 2010
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London
Was shocked when I heard about the death of Tiote. A player I've had the pleasure to play many times and a player who provided one of the most memorable moments in our recent history (4th goal in a 4-4 draw v Arsenal after being 4-0 down at HT).

His wife was also expecting a baby what makes his death even more sad. The tributes from former player and staff echo how liked he was at the club.
 

bb21

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4 Feb 2010
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24,451
I concur. I wonder if this will make the likes of Diego Costa think twice before departing to China.

Chinese Super League clubs probably have better infrastructure than most Premier League clubs. Football-wise not so much.

Second tier clubs vary greatly, but then these are only small probability events so no need to make a meal out of it. It happens from time to time all over the world.

But if you are after one last gold rush before retiring, not a bad destination.
 

RichmondCommu

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23 Feb 2010
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Richmond, London
Chinese Super League clubs probably have better infrastructure than most Premier League clubs. Football-wise not so much.

Second tier clubs vary greatly, but then these are only small probability events so no need to make a meal out of it. It happens from time to time all over the world.

But if you are after one last gold rush before retiring, not a bad destination.

Of course we don't know the full details but after what happened to Fabrice Muamba I would be surprised if Chinese medical facilities are better than those in the Premier League.
 

bb21

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24,451
Of course we don't know the full details but after what happened to Fabrice Muamba I would be surprised if Chinese medical facilities are better than those in the Premier League.

You will be very surprised by facilities at top tier clubs, but there will be comparable strengths and weaknesses.
 

gnolife

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4 Nov 2010
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Johnstone
Ilkeston FC of the Northern Premier League First Division South have been wound up by Liverpool High Court, relating to roughly £14500 of debt to an office supplies company.
 

gnolife

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4 Nov 2010
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Any ideas which clubs will be in the running to replace them?

I'm not sure if the league's AGM has passed yet. If it has, then the league will run one team short. If not, then I think that the team in tier 8 that was relegated with the most points will be reprieved (i think that's Goole if it's only the Northern Premier League divisions that are considered, or Histon if all the tier 8 teams are considered, but I stand to be corrected on that - relegation at this level is an incredibly convoluted mess)
 

SteveP29

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23 Apr 2011
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Ilkeston FC of the Northern Premier League First Division South have been wound up by Liverpool High Court, relating to roughly £14500 of debt to an office supplies company.

That's outrageous when you consider the hundreds of million a lot of Premier League and former Premier League clubs (yes, I'm looking at you sunderland) are in debt.
 

Xenophon PCDGS

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17 Apr 2011
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A typical commuter-belt part of north-west England
That's outrageous when you consider the hundreds of million a lot of Premier League and former Premier League clubs (yes, I'm looking at you sunderland) are in debt.

Whilst I most certainly understand your feelings on the matter, you must appreciate the fact that in the Court where the winding-up petition was heard, you cannot allow such extraneous and non-related matters as those you stated to be used and the case is judged solely on the matter brought before the Court.
 

richw

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10 Jun 2010
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Liskeard
That's outrageous when you consider the hundreds of million a lot of Premier League and former Premier League clubs (yes, I'm looking at you sunderland) are in debt.

It's all relative to income, I bet sunderlands debt is a smaller percentage of revenue!
 

Tetchytyke

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12 Sep 2013
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Isle of Man
That's outrageous when you consider the hundreds of million a lot of Premier League and former Premier League clubs (yes, I'm looking at you sunderland) are in debt.

And these clubs will have exactly the same problems when their creditors want their money back.
 

Gemz91

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1 Feb 2013
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Garden Shed
Ilkeston FC of the Northern Premier League First Division South have been wound up by Liverpool High Court, relating to roughly £14500 of debt to an office supplies company.

Havn't they had long standing financial difficulties? £14,500 is a lot of pens!
 

sk688

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Joined
11 Sep 2016
Messages
847
Location
Dublin
I concur. I wonder if this will make the likes of Diego Costa think twice before departing to China.

I doubt it , sadly . Despite this tragic event , footballers will flock to China because of the $$$ ,

Does anyone else feel that Chinese teams pay their players too much . Carlos Tevez £630k a week

To me , it looks like the Chinese League will end up like the MLS and the Indian League , a retirement league essentially
 

SteveP29

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Joined
23 Apr 2011
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Location
Edinburgh/ Chester le Street
It's all relative to income, I bet sunderlands debt is a smaller percentage of revenue!

2016 Financial Results:
Turnover £108.1M
The biggest financial loss in their history of £33M, 3rd highest in Premier League

Accumulated losses over the last ten years now totalling over £200M

Wages out of control (77.6% of turnover).

Gross debt is £137.3m, the 4th highest in the Premier League (only Man Utd, Arsenal and Spurs have higher).
 

richw

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10 Jun 2010
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Liskeard
Ilkeston has other debts of around 150k.
Cash in hand 2k
Fixed assets £123k.
I can't get the companies house document to load correctly showing their turnover.
 

Tetchytyke

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12 Sep 2013
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Isle of Man
Gross debt is £137.3m, the 4th highest in the Premier League (only Man Utd, Arsenal and Spurs have higher).

Debt isn't a problem in itself, the problem is when your creditors want their money back and you can't pay them.

Rangers had huge debts for years, but Bank of Scotland were happy to keep lending to them because of the securities they held. Suddenly the Bank of Scotland were taken over by Lloyds, who didn't want to lend to them anymore, and Rangers went bust within a year.

Sunderland's issue will be who the debt is owed to. Bolton are seeing this. They were £185m in debt but it was to their owner, so they were OK. The owner wrote off the debt, but the new owner Dean Holdsworth borrowed £5m at a sky-high interest rate to buy the club and hasn't repaid it. That £5m was why they faced a winding-up petition last month.
 

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