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SO many things wrong with the ESL, it& #39;s obvious. But sticking purely to numbers: it doesn& #39;t even stack up & the 6 English clubs who embarrassed themselves so cringingly with statements on Sun should ask J Glazer to explain the back of his fag packet. 1/n
This fabled €3.5bn pile of cash that& #39;s going to be divided by the 15 cartel clubs, for a £202m sweetener on day one. A) Do you think it& #39;s coming from a magic unicorn? B) Or are you, as owners of ESL, just lending yourselves this?
Clue: it& #39;s not A. 2/n
Clue: it& #39;s not A. 2/n
Maybe you think JP Morgan are & #39;gifting& #39; you the €3.5bn, gratis, and you won& #39;t need to pay it back in the future. In which case maybe you believe in unicorns after all.
So what about tournament revenues?
3/n
So what about tournament revenues?
3/n
Champions League, according to the latest official financial data, brings UEFA €3.3bn in revs annually, of which €2.4bn comes from media / broadcasting. Joel Glazer& #39;s numbers say the ESL will have revenues of €5bn.
Broadcasting will HAVE to drive it.
4/n
Broadcasting will HAVE to drive it.
4/n
So, ESL: where is the broadcaster or collective of broadcasters who will commit to perhaps €12bn for initial three-year contracts to show your product that might well be massively boycotted? That& #39;s one hell of a gamble. Any answer?
5/n
5/n
Even if 6 PL clubs stay in PL when ESL starts, value of PL will& #39;ve been damaged due to lack of jeopardy. So PL clubs will need even more money from an ESL with (currently) zero fleshed-out rev guarantees. Do they exist? Or have they leapt in the dark?
6/6
6/6
"Joel Glazer& #39;s fag packet" - great name for a fanzine. Worth pointing out his equally hooky numbers underpinned the doomed Project Big Picture. This is part of an October thread that exposed the gaping holes in that, economically 6/7 https://twitter.com/sportingintel/status/1317581817122258949">https://twitter.com/sportingi...
The ESL: flying on Sunday night, staggering as Monday went on, hanging onto the ropes by Tue lunchtime. Now Pep Guardiola has smashed it over the head with a frying pan.
Not dead yet, but lumbering, shambolic, wounded, humiliated.
Not dead yet, but lumbering, shambolic, wounded, humiliated.
Marcus Rashford: hold my beer.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👏" title="Applaus-Zeichen" aria-label="Emoji: Applaus-Zeichen"> https://abs.twimg.com/emoji/v2/... draggable="false" alt="👏" title="Applaus-Zeichen" aria-label="Emoji: Applaus-Zeichen"> https://abs.twimg.com/emoji/v2/... draggable="false" alt="👏" title="Applaus-Zeichen" aria-label="Emoji: Applaus-Zeichen"> https://twitter.com/MarcusRashford/status/1384494671129301002">https://twitter.com/MarcusRas...
Well that didn& #39;t take long. Whole thing could be done by the end of the week. https://twitter.com/JacobSteinberg/status/1384565074652803080">https://twitter.com/JacobStei...
And it seems Man City are also about to pull out, following in the wake of Chelsea.
The spin-doctors are already hard at work to claim which of the shambolic pair decided to get out first. Shame on both of them. This won& #39;t be forgotten.
The spin-doctors are already hard at work to claim which of the shambolic pair decided to get out first. Shame on both of them. This won& #39;t be forgotten.
Atletico are in a race with Barça, to be the third to leave the ESL. Atleti might pip Barça if the latter ask their fans to vote on it.
Amazing scenes: possible that ALL the clubs could be knocked out of the ESL several months or even years before it BEGINS.
Amazing scenes: possible that ALL the clubs could be knocked out of the ESL several months or even years before it BEGINS.
Thoughts and prayers with Man Utd& #39;s share price.
With Man Utd and Arsenal also reluctantly heading for the ESL door, the future is becoming clearer.
Real Madrid will play Real Madrid B, or maybe a broke Serie A team, home and away 10 times each season. The top 2 will progress to the final. In Saudi Arabia.
Real Madrid will play Real Madrid B, or maybe a broke Serie A team, home and away 10 times each season. The top 2 will progress to the final. In Saudi Arabia.
Fond memories of this tournament. It involved some of the biggest clubs in Europe. And Tottenham. https://twitter.com/Arsenal/status/1383909222895603716">https://twitter.com/Arsenal/s...
ED WOODWARD HAS RESIGNED !?
Confirmed that Ed Woodward gone as Man Utd executive vice-chairman. Served the Glazers well. Brought down in the end by an ESL that was too greedy even for those rapacious owners to get away with.
Tomorrow morning: plans for World Super League unveiled.
Tomorrow tea-time: WSL in tatters as leading clubs see error of their ways.
Stay tuned: it& #39;s more exciting than the group stages of the revamped CL ever will be.
Tomorrow tea-time: WSL in tatters as leading clubs see error of their ways.
Stay tuned: it& #39;s more exciting than the group stages of the revamped CL ever will be.
As more directors fall, as more clubs exit the ESL before it ever got started, let& #39;s revisit ancient, ancient history.
Or 10.17am this morning as it& #39;s otherwise known. https://twitter.com/sportingintel/status/1384436044683173889">https://twitter.com/sportingi...
Or 10.17am this morning as it& #39;s otherwise known. https://twitter.com/sportingintel/status/1384436044683173889">https://twitter.com/sportingi...
