Does anyone think this/next year will see a ground shift in the thinking of the football authorities towards financial responsibility and even a salary cap based on revenue?
West Ham have announced they are £110m in debt. Yet they are boasting today about how hard they are looking for players of sufficient quality to keep them up and prevent a 'disastrous' relegation. They have offered a player in excess of £100,000 per week today.
For a club as small as West Ham, with crowds and sponsorship as low as theirs, the debt figure has got to be an eye opener? Portsmouth are another club which seems to be teetering on the edge of doom, constantly being taken over and managing at the last minute to pay player salaries. But they exist under the shadow of winding up proceedings and potential trouble with HMRC.
There was an expert commentator on the radio the other day talking about football saying they thought at least one Premier League club would go out of existence in the next 12 months. I can't remember who it was, a former Chairman I think.