Gingeletiss Posted 7 June, 2013 Share Posted 7 June, 2013 http://www.dailyecho.co.uk/sport/10470484.Wages_warning_for_Saints/ Scaremongering or just grasping a story out of nothing! SAINTS have been warned not to blow their huge new TV windfall on players’ wages. The Deloitte Annual Review of Football Finance 2013 reports half the clubs in the Premier League are still making losses despite record overall revenues. But the extra TV cash, plus new spending controls, could have significant beneficial effects for Saints and their top-flight rivals if it is managed properly. From August, clubs in the Premier League will receive an extra £25m on average each year from the new TV contracts, and for most clubs that could wipe out their losses. Link to comment Share on other sites More sharing options...
so22saint Posted 7 June, 2013 Share Posted 7 June, 2013 grasping a story out of nothing - I read the report - it's a warning to all prem clubs Link to comment Share on other sites More sharing options...
manji Posted 7 June, 2013 Share Posted 7 June, 2013 Scaremongering of course. Just listed some points from the main report and made out it was directed at Saints. Link to comment Share on other sites More sharing options...
The9 Posted 7 June, 2013 Share Posted 7 June, 2013 Wow, that's got nothing to do with Saints - in fact we're on of the ones with a relatively low proportion of wages to turnover, one of the reasons Cortese voted against FFP was because he believed clubs should be responsible for their own wage management. Admittedly it would also restrict a club spending shedloads of cash to leapfrog into the top 6, but surely that's coincidence..? Link to comment Share on other sites More sharing options...
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