It never had a good purpose. It’s a myth it was designed to keep clubs from debt…Man Utd are 2 billion in debt and can’t pay dinner ladies but rules say another 300 million is fine.
The rules were designed to prevent new teams emerging and competing. If you have “assets” of billions to start with, it’s easier to pass PSR than starting with crap. Our problem now is because we didn’t “naturally” spend 2 billion in 2010
villa_crazy99 on
I think we can all agree that the current rules are a joke, I’m saying that as a Villa fan for over 40 years. The problem is is that the PL and sky 6 don’t see an issue funnily enough, and then there are other PL teams who are happy to just be in the PL so nothing will change.
As Simon Jordan said yesterday, if the PL are so concerned about owners creating a huge debt and walking away, then clubs should be able to put down a secure bond to basically guarantee that the club would be fine. We all know what will never happen in reality as Villa having an injury crisis and little PSR/SCR room helps Liverpool, Chelsea and Utd below us but with far bigger squads. UTV!!
neil_1980 on
I know its down to revenue but the fact you can spend when hundreds of millions in debt but cant with no debt proves its broken and not about protecting clubs
3 Comments
It never had a good purpose. It’s a myth it was designed to keep clubs from debt…Man Utd are 2 billion in debt and can’t pay dinner ladies but rules say another 300 million is fine.
The rules were designed to prevent new teams emerging and competing. If you have “assets” of billions to start with, it’s easier to pass PSR than starting with crap. Our problem now is because we didn’t “naturally” spend 2 billion in 2010
I think we can all agree that the current rules are a joke, I’m saying that as a Villa fan for over 40 years. The problem is is that the PL and sky 6 don’t see an issue funnily enough, and then there are other PL teams who are happy to just be in the PL so nothing will change.
As Simon Jordan said yesterday, if the PL are so concerned about owners creating a huge debt and walking away, then clubs should be able to put down a secure bond to basically guarantee that the club would be fine. We all know what will never happen in reality as Villa having an injury crisis and little PSR/SCR room helps Liverpool, Chelsea and Utd below us but with far bigger squads. UTV!!
I know its down to revenue but the fact you can spend when hundreds of millions in debt but cant with no debt proves its broken and not about protecting clubs