Not sad at all (except for their own fans), clubs need to stop living beyond their means, if they owe that sort of money to the IR, how much do they owe to people and businesses who can less afford to not be paid?I'll bet they still have players on stupid wages.
they should not live beyond there means.
Would have been Champions league in what seems like just a few seasons ago to gentlemen of a certain age...1 Leeds United 42 13 8 0 38 13 9 8 4 36 24 74 37 +37 822 Manchester United 42 12 7 2 34 13 9 8 4 29 20 63 33 +30 783 Sheffield Wednesday 42 13 5 3 39 24 8 7 6 23 25 62 49 +13 75
I love the sympathy its hardly like Wednesday were throwing Money around people make mistakes the whole world runs on credit and unfortunately things go wrong its not always a case of greedy owners like at Man united.
Quote from: "mrfuse"I love the sympathy its hardly like Wednesday were throwing Money around people make mistakes the whole world runs on credit and unfortunately things go wrong its not always a case of greedy owners like at Man united.They are heavily in debt, got relegated so will probably get lower gates yet up to last week were still signing players from Championship and Scottish Premiership sides.As in all cases where clubs go bust I have loads of sympathy for the fans, but it's not like Wednesday will disappear, they will go into administration, have their debts wiped out in the process and still be playing albeit with a ten point deduction.Personally I think all clubs who pay out money they haven't got on wages to players should be automatically relegated two divisions if they then have their debts wiped out by going into administration. Basically it's a form of cheating, clubs who ARE paying the bills probably can't afford players on high wages and are at a disadvantage. By the way, Villa aren't in any trouble (I don't think!), Randy may have pumped in loads of cash but it's in the form of loans from his trust, so even if he left today as long as we can service those loans and pay all our other bills we wouldn't go bust.