I'm sure there's been comment about this on other threads throughout the summer, but this is a big story that I think deserves it's own thread. The demise of these two clubs is extremely depressing, and a real warning to football.
I decided to take a little look into things, and I found an article that said that the cause of Bury's situation is largely caused by a £4.2m loan debt. Now, I'm not suggesting that it is the responsibility of other clubs to bail out awful owners, and realistically the owners have to face the consequences. But if you you take that £4.2m as a given, that is a pittance in football generally.
Alexis Sanchez reportedly earns around £400,000 per week. That's nearly £21m a season. For a benchwarmer. That's 5 times the loan that is going to put a 130+ year old club out of business.
Premier League TV revenue is, what, a £2.5 billion? How is this being allowed to happen.
I am sure there are hundreds of reasons why this proposal can't be, but here's what I want to happen.
1. For all wages a club spends, they must give an additional 1% of that wage bill to a centralised pool of money.
2. If a club is being wound up, and the owners have proven there is nothing more they can do, the owners are removed.
3. The centralised pool of money clears the debt for that club
4. The owners are removed, and replaced with an FA appointed chairman and a board of directors made up of fans
What do you think? Are there better ideas? Should we just let clubs die because their owners are irresponsible?