Discover and read the best of Twitter Threads about #efl

Most recents (6)

Ipswich publish press release re accounts. Income up slightly despite relegation on back of 5% rise in commercial income following Rod Stewart concert at Portman Road & shirt sponsorship but still bottom 6 by Championship standards. #ITFC @Benjaminbloom
Over last 6 years Ipswich total income £98m but wage bill £102m. Ave wage up last season by 'only' £200pw but again low by #EFL #Championship standards where average wage is £15,600 a week. #ITFC
Because wages>revenue Ipswich lost £200,000 a week @AndyhHolt in 2018/19, taking total losses in last 8 years to £68 million. Suspect total Championship losses could be close to £600 million last season as some clubs go for broke to get promoted. #ITFC
Read 4 tweets
Today is a sad one for all football fans, as the head of the #EFL. With that in mind I thought I’d set up the Shaun Harvey Appreciation Thread, or #SHAT for short, so fans can log their memories & thanks for all he’s done for the teams they support.
Bolton fans will give a 👏to Shaun for allowing Ken Anderson & Dean Holdsworth to pass the fit & proper test to take over their club. Apart from administration, a 12 point penalty, food banks for staff, loans at 24% interest, paying KA £525k as a consultant it’s been great #SHAT
Bury fans will high five Shaun for giving the 👍to Steve Dale to buy the club in Dec 2018 & stop paying players by... err...February 2019. The club now faces a winding up order on June 19th. Gives fans something to focus on whilst waiting for the fixtures to be announced #SHAT
Read 16 tweets

And this is a big SO.

We have spent the last few years arguing about B teams and the @CheckatradeTrpy

I do declare I like the format of the competition, after much @EFL time and debate with clubs has been expended, to fix some obvious issues.

It came along with...
...what was called, ‘Tha Whole Game Solution’ and the two things were dumped on the agenda together.

The idea of WGS was to allow B teams into our entire @EFL set up.

@CheckatradeTrpy got through after much pressure and threats from the board. It is a fact that the chairman..
..said to me that we’d lose @premierleague income if we didn’t vote FOR it. We voted against both @CheckatradeTrpy and WGS. We discussed both at length will other clubs.

But that is history.

The question I asked then and am still asking today, is WHY?

Whose idea was..
Read 18 tweets

I want football to be responsible for cleaning up the mess it creates by the Shite financial structure it is responsible for. By football I mean @FA @premierleague and @EFL

I want a fund created so that football pays for the problems it has caused.
This will not be popular to the super gods but I’m saying the gaps in finances between levels in the pyramid, are too severe and too damaging.

These gaps are being funded by mug owners, who are using private cash in an attempt to try to create a more level playing field.
The current situation is that, when mug owners walk away, when they realise that it’s futile, they go rogue.

Year on year, the football financing formula exacerbates this problem.

COMMUNITIES are left to pick up the pieces.

Many clubs go into free fall down through the pyramid
Read 17 tweets
So, I did a bit off research of @EFL clubs accounts to see what the score was.
Without a shadow of doubt clubs in the #EFL are floating on a magic carpet of cash that is provided by parachute payments or ‘mug’ owners chasing @premierleague cash.

I say mug owners because..
They can’t all win. Some individual clubs have literally frittered away £100’s of millions on this dream. Collectively it’s BILLIONS.

@EFL doesn’t keep our 72 clubs going. Private funds, much from overseas is keeping the 72 afloat.

Many clubs are technically insolvent..
..right up the 72 and their accounts carry a statement that they would NOT be a going concern without continued cash infusion from owners.

Make no mistake about it. Without the mug owners, there would be no #EFL because most would go under.

The @SkyBetChamp club owners..
Read 17 tweets
One cunning item not mentioned by the #EPL in changing the distibution of overseas TV rights is the impact on lower league clubs. Previously they've had a % of the equal share but not the merit share of PL TV income. Under proposals some overseas TV income becomes merit (1/2)
This means any increase in overseas rights will result in clubs in Championship, League 1 and League 2 getting nothing and it is all kept by the PL clubs. For a club such as Accrington in L1 a £1bn annual increase in overseas would have meant an extra £473k a year. now it is FA
So when John Henry talks about being unhappy at Liverpool 'subsidising' other clubs, he means that all 20 PL clubs want share a £1,000,000,000 pa increase so likes of Preston, Stanley, Morecambe etc. do not receive anything. After all, £473,000 out of a billion is a lot isn't it?
Read 5 tweets

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