bmdmix3:
are u d only wan it affected? caught down ur bills for now till people return to field rubbish.


to save football my ass

They don't breach contract of players wages and other benefits like Nigerian football league does.They respect contract until it expires.

maasoap:


They already mentioned their loss but you're here saying what you feel. You think that they are talking about hidden financial records or something like that?
How are they making that money if there were no tickets sales and a significant amount of drop in jerseys sales?

Jersey sales are going on online while as important as ticket sales are, club can manage with significant increases in TV rights and receipts from more live streamings untill things go back to normal.... This move is an attempt to try American style sports format in Europe. Totally driven by the quest for MORE money and not by the fear of no money..

Joysticks:
They don't breach contract of players wages and other benefits like Nigerian football league does.They respect contract until it expires.

we know, n d world also know the businesses are struggling so this is just pure greed

Rugaria:

Jersey sales are going on online while as important as ticket sales are, club can manage with significant increases in TV rights and receipts from more live streamings untill things go back to normal.... This move is an attempt to try American style sports format in Europe. Totally driven by the quest for MORE money and not by the fear of no money..

Their financial records is the utmost truth teller, it doesn't matter what you and me think or believe.

The idea is good given the financial struggles that clubs are going through but at the same time this competition will definitely weaken the glamour and respect for the uefa champions league

ESL we move

No UEFA or FIFA can stop it

Yes it’s a nice Concept to be honest bt the modalities don’t make sense. Football is a competition not so bt this looks like a charity event to support Elite clubs from going broke.

It defeats the purpose of the game. It’s kills the game.

BabaIbo:
Change is inevitable.

Empty stadiums etc have forced these clubs into a lot of debts.
Don't forget they have players they pay large sum of money, if there are no fans to generate money from, where will they get funds to pay the players from? Owners personal money?

They complained that UEFA is paying them little amount compared to what they generate from the competition.

Reason it this way.

A club signs a big name player with many fans, the player follows the club to play in a competition which his fans will probably watch because their fave is playing in the competition.
UEFA generate money through views, TV rights etc, while the club don't because the stadium is empty, the club will be the one to pay the player, foot the transportation, lodging and other bills, pay the domestic staffs, etc

At the end UEFA pays they little amount that can't even pay off the players 1 month or 2 months salary.

UEFA is catching out where they didn't work.

UEFA should either share do one of these...
1. After removing 10 to 20 percent of the total money generated from the competition and also removing the prized money for each stage.
They should share the remaining money among all the participating clubs to help them fight their growing expenses.

2. Allow them have their own way(ESL).

You can't be catching out at the expense of these clubs and their stadiums are empty, thereby making it difficult for them to run the clubs.

Thank you for the breakdown its now I understand what is going on

maasoap:



Ignorance at its peak. Those teams are not Nigeria clubs that are owned and being sponsored by the governments. In Nigeria, teams don't need to make money or profit to stay alive but those big clubs need to keep thinking of ways to stay afloat in the face of covid-19 pandemic.

You are retarded and please never quote me again!. Big clubs that still get revenue from merc sales and tv rights are ‘dying’ while small clubs are doing what again?.
Foolish kid talking about ignorance.

Airoflaw:
Thank you for the breakdown its now I understand what is going on

That’s a clueless view. Yes those big clubs are not making enough profits as earlier projected. Not that they are going broke.
They still make millions off merc sales and tv rights. This is just pure greed!
Don’t let anybody tell you otherwise.

tradepunter:


It's cashing out not catching out

LoL, at least you got the message, right?

Thanks anyway.

Love of money HV killed beautiful football..No more Passion.

Good for them, I begin to. wonder how long the stadium will be empty, you remove fans from stadiums but you're still making your own money from TV rights, etc and you expect the big clubs with big expenses to just sit and watch.

slimghost:


That’s a clueless view. Yes those big clubs are not making enough profits as earlier projected. Not that they are going broke.
They still make millions off merc sales and tv rights. This is just pure greed!
Don’t let anybody tell you otherwise.

Are you OK? What is a business all about? Fans passion?
Someone will invest billions of dollars in a project and you expect him or her to make fans passion his or her priority.

Please seek Wisdom.

So, in your myopic mind, if someone is making 600 million but his/her expenditure is 800 million the person is making money.

Or let me even say if he/she is making 600m and spending 550m, he/she is making money right? Don't forget they have shareholders, don't forget they will buy players, upgrade their stadiums etc.
Don't forget as the year goes by the spending will increase but the income won't increase.
Or do you expect them to spend their personal money gotten from another investment/business on that?

These people know about economics more than you do, they have considered the future consequence etc.

Airoflaw, please don't mind that person that referred to my view as clueless. When he/she starts his/her own business he/she can go on and run it on loss alone by selling at lesser price than the amount he got the goods, rendering a service at a lesser rate than the total cost(that is cost of materials used, labour employed and other things) etc.

udemzyudex:
Good for them, I begin to. wonder how long the stadium will be empty, you remove fans from stadiums but you're still making your own money from TV rights, etc and you expect the big clubs with big expenses to just sit and watch.

Why you mumu like this?

COVID 19 regulations are made by countries. Each country has its rule on gathering it is a law that is way beyond the pay grade of football Council.

Secondly, do you guys have any idea how bad Covid is in Europe? Just to please some over paid entertainers you want to open the stadium, do you know what shit show that will be?

COVID is no joke health care system has been stretched, small businesses are taking losses and they do it quietly for the greater good, why not the big businesses.

maasoap:


Their financial records is the utmost truth teller, it doesn't matter what you and me think or believe.

You're right..

MackIV:
No wonder
Look at the EPL, after the first 2 super teams, the 3rd and 4th placed teams are modest clubs competing with the big boys as everybody don be mate on financial matters

Then look at Arsenal in 10th place , no wonder na them carry am for head like GALA

.

The world most useless club want to feel among

Whitecoal711:
Football doesn't end on the big teams,it's the intrigue of smaller teams defeating the so called bigger clubs
If you guys destroy this gladiator of our time, prosperity will not forget you
Give the small clubs cash and see if they won't Excel
Football is the surprise defeats not greed for more money

Oga na lie o. Oyibo believe say elclassico for example generate alot of income, as de viewers increases.

Most small clubs are not watch most times. Buh the intrigue u said is right

slachtoffers:


Why you mumu like this?

COVID 19 regulations are made by countries. Each country has its rule on gathering it is a law that is way beyond the pay grade of football Council.

Secondly, do you guys have any idea how bad Covid is in Europe? Just to please some over paid entertainers you want to open the stadium, do you know what shit show that will be?

COVID is no joke health care system has been stretched, small businesses are taking losses and they do it quietly for the greater good, why not the big businesses.

He made sense and you made no sense.

What they are requesting for is not opening of stadiums but something in form of palliative.

UEFA have been making money from these guys for years and now this happened, they(the clubs) are now struggling, is UEFA not supposed to take actions that will help or protect them and their businesses.

Countries shared palliative to their citizens, took policies that will help/protect businesses during the period etc, but UEFA did nothing and the competition is going on even in the period and most players are rejecting pay cut option, players won't listen to any excuse of nonpayment of wages because of covid19, fans like you are listing different buy stars their clubs should sign(is it paper they will use in signing them), domestic staffs dey there, shareholders dey dia etc.

Think well abeg, Na people dey invest money for those businesses. No be charity organization na. Even charity organization sef needs money for proper running.

SoBright101:
Many people don't understand what these big clubs are going through. Their business has been affected by Covid, players refused pay cut, no fans on stadium plus UEFA greediness.

UEFA and clubs involved should sit on round table.

u are right

EagleNest:


I thought financial fair play was introduced to manage these excessive spending. The kind of money paid to some of these players is well too much and beyond understanding. They should tone down the extreme capitalism practised in football.

Correct me if l am wrong.The problem started when big money entered European football.l know it's all about the money. There was no regulation to curtail the excessive big money spending in the beginning and if there was it was not effective until it became too late that is financial fair play.

The ESL idea had been floated a while back long before COVID-19 and was vehemently rejected.Now they have come with it with full force and are going ahead with it.What is left to be seen is how UEFA and FIFA will eventually handle it.Will they go ahead with their threats and sanctions?

Whitecoal711:
Football doesn't end on the big teams,it's the intrigue of smaller teams defeating the so called bigger clubs
If you guys destroy this gladiator of our time, prosperity will not forget you
Give the small clubs cash and see if they won't Excel
Football is the surprise defeats not greed for more money

you want entertainment and surprise and you're carried away by it forgetting that others pay for you to enjoy it...do you think that it comes for free of charge without the big boys paying for it?

Ijeleigbo:
So does it means when the Super League commences, there would no longer be Champions League

there would be champions league but it will be Swansea vs Huesca or Bordeaux vs Sparta Rotterdam

sincerely d pain is too much for dis teams,dey can't cope any more,no money, imagine Barca are going for free transfer, just to meet up,for me oo,I am in support of it,ufea and FIFA can not expect dis clubs to cut their hands and use to make money,d pain is just too much

Rugaria:

They are making tons of cash through TV rights. Fans don't come to the stadium but they watch at home.. They make money, they just want to make even more

What are you saying?

You think they control or get TV right income directly? Except it is the respective club's TV, e.g Liverpool TV etc.

It is been shared to them by those management. Read more on it and you will understand better.

As for the shirt sales, do you know the impact unveiling of a player have on the rate of sales?

Go and compare shirt sales on unveiling day TO the rate of sales done online since covid started. Maybe that will help you understand better.

tgmservice:
We football fans in Nigeria should come together and protest against this evil super League

don't go and protest about how corruption has eaten up CAF dey Dia

BabaIbo:


He made sense and you made no sense.

What they are requesting for is not opening of stadiums but something in form of palliative.

UEFA have been making money from these guys for years and now this happened, they(the clubs) are now struggling, is UEFA not supposed to take actions that will help or protect them and their businesses.

Countries shared palliative to their citizens, took policies that will help/protect businesses during the period etc, but UEFA did nothing and the competition is going on even in the period and most players are rejecting pay cut option, players won't listen to any excuse of nonpayment of wages because of covid19, fans like you are listing different buy stars their clubs should sign(is it paper they will use in signing them), domestic staffs dey there, shareholders dey dia etc.

Think well abeg, Na people dey invest money for those businesses. No be charity organization na. Even charity organization sef needs money for proper running.

My response was strictly on the part where he said uefa refused to allow them open stadium. How on earth would anyone with a working brain think that opening the stadium is a good idea.

Since you chose not to address the above, let me make a general statement.

Oga do you know how many people are taking pay cut in the form of technical unemployment in Europe? Do you know how many businesses are surviving on half of what they use to earn?

Please can you tell me what the management of these clubs have done (I am genuinely asking because I am not a fan of any club and I don't really follow their news) to cut cost and ensure their reserves ( enormous profit year after year) last them longer than anticipated?

If I may ask, do you think that ESL will magical open the stadium for them unless it coincide with the removal of Covid restrictions? You do you think that ESL will magically erase all the hurdles placed my Covid restrictions on business?

EagleNest:
Follow the money! It is all about the money! Yes they hanged it on survival, but these are big super clubs. If it is about survival, what then will be the fate of smaller clubs?

can you compare the financial implication of barcelona to real zaragoza as regards players salaries.leo Messi's salary is enough to clear up half the whole team players own

adioolayi:
It's all about money....bug clubs cannot sustain their huge financial obligations....They are going bankrupt!

Fans are not allowed into stadiums....tourism to trophy and medals archives and museums are zero... Jersey sales are near zero!

No bailout from UEFA or FIFA...so, why won't they join super League that promise massive pay

Well...If I dey their shoe, I go join too

The big clubs put themselves in that situation. This was what FFP foresaw and was trying to stem.....but no, ever since the likes of Abrahamovic and billions from the east came in, it was only a matter of time. Of course, city, PSG and Chelsea will be able to sustain themselves.....the others that won't are the ones clamouring for it.

slachtoffers:


My response was strictly on the part where he said uefa refused to allow them open stadium. How on earth would anyone with a working brain think that opening the stadium is a good idea.

Since you chose not to address the above, let me make a general statement.

Oga do you know how many people are taking pay cut in the form of technical unemployment in Europe? Do you know how many businesses are surviving on half of what they use to earn?

Please can you tell me what the management of these clubs have done (I am genuinely asking because I am not a fan of any club and I don't really follow their news) to cut cost and ensure their reserves ( enormous profit year after year) last them longer than anticipated?

If I may ask, do you think that ESL will magical open the stadium for them unless it coincide with the removal of Covid restrictions? You do you think that ESL will magically erase all the hurdles placed my Covid restrictions on business?

First of all, the clubs are not asking for their stadiums to be opened.
So, that settles your opening of stadium question.

Secondly, what they are requesting for is a form of palliative to help them run their business smoothly. At least, you know governments all over gave palliative(bailout) to their citizens and businesses to help them cope with covid effect.

Thirdly, most players refused to cut their pay. The recent one is Sergio Ramos, he even threaten to leave rather than cut his pay. Do you know how much Messi takes yearly?
Over there,they are bound to respect a contract until it runs out if the other party(that is the player refuse their offer of pay cut).
Kindly tell me how they will do that please. A club with monthly spending(running cost/expenses) of 50 million dollars is generating 5 million dollars, abeg which magic dem go use do am.

Those that are shouting "greed" are just ignorant of the situations. I know money is involved, Yes. Who will invest bilions of dollars on an investment and watch it not generate money for him/her and will fold his or her arms.
Do you expect them to take Liam for that or use money from their other businesses to run this one? Is that a wise business decision?

Do you know the total prized money of UCL is 100 - 120 m dollars or so?
Can that money when get a world class player this moment?
And that is just for the winner, at the end of the day UEFA will pocket the remaining money generated via the completion and the teams will now be the one to look for ways to sort the players and other staffs wages.

Since UEFA is not doing anything concerning their plea, they decided to help themselves by creating ESL, where top teams will play eachother severally in a year and that will help them generate a lot of income because they will get the returns directly, irrespective of your position in the competition.

Think of it this way,
You said you don't follow football but sometimes you watch football, right?
And those matches you do watch are big clubs matches e.g Liverpool vs Man U, Man city vs Chelsea, Tottenham vs Arsenal, Barça vs Madrid, Juventus vs Inter/AC Milan etc.

ESL will afford viewers the opportunity to watch those top matches and they will be able to get the TV rights directly to the teams.

SoBright101:
Many people don't understand what these big clubs are going through. Their business has been affected by Covid, players refused pay cut, no fans on stadium plus UEFA greediness.

UEFA and clubs involved should sit on round table.

What again will private citizens do ?

Many of us own businesses that have lost over 80% revenue.

I feel they are a bit selfish. Okay, what will smaller clubs do when Mancity, Man Utd, Liverpool, and Chelsea exit EPL ?

It means EPL will be dead. Drowning the smaller clubs further into debts. They should exercise patience, nobody planned Covid.

According to Arsene Wenger,; football is about passion. the competitiveness and struggle involved is what makes the game exciting and intriguing to watch. this one of a president is just lookin for how to make money.

oga Perez, the passion comes before the money. corona virus will go and everything will be back to Normal. let's maintain the status quo and stop being bothered by the decisions of these Aristocrats.