Page 1 of 1

BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 8:08 pm
by Lee_R
Anyone watching this Alan Sugar tackles football lark? Pretty decent tbh.

Re: BBC2

PostPosted: Sun May 08, 2011 8:12 pm
by colonel_muck
just put it on mate but i hate alan sugar

Re: BBC2

PostPosted: Sun May 08, 2011 8:13 pm
by LookMumImOnMCF.net
Alan Sugar in HD is not a pretty sight.

Re: BBC2

PostPosted: Sun May 08, 2011 8:14 pm
by Chinners
I was about to post this in the B*ll*x but as you've started a thread ...

Lord Sugar says football needs a 'dose of reality'
England's Premier League football clubs have enjoyed a massive increase in revenue over the past 20 years, especially from TV rights. Yet between them they have debts of over £3bn and most struggle to turn a profit.
Back in 1992, businessman Lord Sugar was one of 22 football club chairmen who decided their teams should break away from the rest of English football.
The new Premier League sold its TV rights directly to Sky in a deal that revolutionised football finances overnight.
"There was elation that somehow each club would receive approximately what the whole league received previously," former Tottenham Hotspur chairman Lord Sugar said.
"I don't think any thought was given at the time to what we should do with it."
Since then the Premier League has changed beyond recognition. The wealth has attracted many of the world's top players to England.
On the first weekend of the new break-away league, only 11 overseas players were involved. Today there are 300 from more than 60 countries.

ANNUAL REVENUE FROM DOMESTIC TV RIGHTS
1988-92: £11m
2010-13: £590m

In 1991-92, the final season before the start of the Premier League era, total annual revenue for all the clubs was £170m.
Now the Premier League generates more than £2bn a year, almost double its closest European rival, La Liga in Spain.

"What we have seen over the lifetime of the Premier League is incredible success in generating revenue," commented Dan Jones, lead partner in the Sports Business Group at Deloitte.
"But every bit as fast as the revenue has come in, the wages have gone up as well and that is the primary cost in football.
"The net result of all of that is that the profits really haven't gone up very much at all over the lifetime of the Premier League."

Ten years ago Lord Sugar sold his interest in Tottenham. He secured a healthy profit, but said that the money he made did not justify his time and effort nor the damage done by taking his "eye off the ball" of his core businesses.
And making money out of football has not got any easier. As a businessman, Lord Sugar said that he is shocked by the state of Premier League finances today.
"The collective debt of all the clubs is £3.3bn. Most of the clubs are in the red. They are spending more than they are actually receiving. It's incredible, it's certainly not a business," Lord Sugar stated.
He put the point to Premier League chief executive Richard Scudamore that despite football being an amazing business, "nobody makes any money".

Many of the world's top players have been recruited to play for Premier League clubs "We attract the world's best talent," commented Scudamore, who also said the game has benefited from stadium improvements in the past 20 years at clubs including Manchester United, Arsenal and Sunderland with many more in the pipeline.
The competition, Scuadamore added, creates the "virtuous circle" that makes the game so attractive worldwide.

But the competition is so intense that it has created a "thirst for almost unattainable success", according to David Pleat, former director of football at Tottenham.
"They tend to spend it all on salaries and unless they keep some back for the development of the game, for the infrastructure, for the academies, so many aspects of football are ignored because of all the money that is going into salaries," Pleat reflected.

'Dose of reality'
Europe's governing body Uefa is bringing in new rules from the 2011-12 season designed to curb excessive wages for players.
"A club has to break even over a three-year period," said Uefa general secretary Gianni Infantino, with expenditure limited to "revenue the club generates from sporting activities".

Uefa believes that the clubs will support the change, but as it is phased in over three years, it will take some time to take effect. In the meantime, the risk-taking continues.
Last season two Premier League clubs flirted with bankruptcy. David Sullivan said after completing his takeover of West Ham with David Gold that the east Londoners had debts of £110m and had "walked a very close line" to administration.
The Hammers were rescued by their new owners, who were shocked to find the players' wage bill was equivalent to 90% of revenue, leaving no prospect of the club being profitable.
And Portsmouth became the first Premier League club to enter administration in February 2010 but were allowed to play all their remaining fixtures.

"Why hasn't someone rung some very, very loud bells and put a stop to all this?" Lord Sugar asked.
"What fascinates me about this football business is that a club goes bust on a Tuesday and they are still playing on a Saturday.
"Football needs a dose of hard business reality. You go bust - You're gone, you're finished. And until an example of that happens, the penny is not going to drop."

But the Premier League has disagreed and Scudamore added: "My prime responsibility is to keep the clubs alive, because they are bigger than the current owners.
"If there has been mismanagement and the club is threatened, in my view, we should do all that we can… to keep that club alive for its fan base, for its community links."

Re: BBC2

PostPosted: Sun May 08, 2011 8:15 pm
by Lee_R
Lol hes done alright hasnt he. They've not mentioned us yet.. probably because were so fkn super rich! :)

Re: BBC2

PostPosted: Sun May 08, 2011 8:24 pm
by Im_Spartacus
Lee_R wrote:Lol hes done alright hasnt he. They've not mentioned us yet.. probably because were so fkn super rich! :)


Don't worry, they are building upto it. Showing just how wrong football is, building it up over around 50 mins so they can slap the fuck out of us for the last 10

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 8:33 pm
by LookMumImOnMCF.net
Asking Redknapp about financial responsibility.

"lol"

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 8:42 pm
by Arjan Van Schotte
well, he just admitted he influenced the PL into accepting sky's dollar - and then complains about money ruining football.

you notice the entire programme hasn't mentioned the paying fans yet? Coz he (and they) - couldn't give a fuck.

sanctimonious prick.

Re: BBC2

PostPosted: Sun May 08, 2011 8:45 pm
by Lee_R
Im_Spartacus wrote:
Lee_R wrote:Lol hes done alright hasnt he. They've not mentioned us yet.. probably because were so fkn super rich! :)


Don't worry, they are building upto it. Showing just how wrong football is, building it up over around 50 mins so they can slap the fuck out of us for the last 10


City ruining football!

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 8:56 pm
by lets all have a disco
Arjan Van Schotte wrote:well, he just admitted he influenced the PL into accepting sky's dollar - and then complains about money ruining football.

you notice the entire programme hasn't mentioned the paying fans yet? Coz he (and they) - couldn't give a fuck.

sanctimonious prick.



Your not wrong mate,fans have been getting bummed for years.
You only have to look at the fucking shit stand at Goodison and the terrible view which i paid 37 bastard quid for to see whats wrong in the league.At City weve been left of lightly to an extent just wait until some cups start getting won.

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 9:00 pm
by Chinners
Ourselves and Chelsea didn't get a mention because technically neither of us are in debt except to our respective owners. It would have been a nice balance to mention that.

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 11:55 pm
by john68
Sanctimonious is just about right Arjan. Wasn't Sugar the guy that called a break in the meeting to decide who got the TV rights? Apparently the Beeb had put in a bigger offer than Sky and Sugar notified Sky so they could up the bid and win the contract.

Considering that Sugar's company AMSTRAD had the contract for Sky dishes at that time...conflict of interest...with the emphasis on CON.

...and now he's our moral conscience?

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Sun May 08, 2011 11:55 pm
by john68
Sanctimonious is just about right Arjan. Wasn't Sugar the guy that called a break in the meeting to decide who got the TV rights? Apparently the Beeb had put in a bigger offer than Sky and Sugar notified Sky so they could up the bid and win the contract.

Considering that Sugar's company AMSTRAD had the contract for Sky dishes at that time...conflict of interest...with the emphasis on CON.

...and now he's our moral conscience?

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Mon May 09, 2011 8:52 am
by Fullartj
Oh my god that programme was awful. I want that hour of my life back!

Alan Sugar is such a C8nt. I always said that if I was on the Apprentice and he started giving out to me that I would start screaming Christian Gross at him!

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Mon May 09, 2011 8:59 am
by Piccsnumberoneblue
john68 wrote:Sanctimonious is just about right Arjan. Wasn't Sugar the guy that called a break in the meeting to decide who got the TV rights? Apparently the Beeb had put in a bigger offer than Sky and Sugar notified Sky so they could up the bid and win the contract.

Considering that Sugar's company AMSTRAD had the contract for Sky dishes at that time...conflict of interest...with the emphasis on CON.

...and now he's our moral conscience?


I was just about to post the very same. Heard screaming down a phone to Sky Execs to up the bid, even though it was supposed to be sealed bids. Strange how that happened from a man who stood to make millions out of cheap Sky dishes.
Mr "Stack em High, Sell em Cheap" has no business being shocked now.

Re: BBC2 - Sugar Tackles Football (debt)

PostPosted: Mon May 09, 2011 9:03 am
by Goaters 103
Newsflash - "Sugar loves sound of his own voice" - shock horror.