[St Charles Owl]

Wow. It makes you wonder how many more are running close to the edge. Eventually.....

I wouldn't say Bolton are the last of these clubs with huge debts but the trend in the Prem at least is to utilize the huge income they receive to run the club more efficiently.  Clubs like WBA, Swansea, Palace, Norwich, etc do not seem to operate with the debt levels we saw before, and even if they did the income is so much bigger than when Bolton were in the prem.  The other aspect is that in this day and age if you want to be an owner of a prem team you either have to run a very tight ship and use the  income wisely or you have to be loaded, much more loaded than Eddie Davis is.

I think we are likely to see more of these problems in the Championship from the teams desperate to get into the Prem and get all these riches!!  Teams like Forest, Derby, Boro, QPR, Wednesday etc etc all want to get there, so either they have to have owners who can pay for this or they get in debt.  QPR seem to be trying to do both!!!  Take us as an example, our new owner has stated he wants us in the prem in 2 seasons. He is worth somewhere between 300-500m and is part of a family with even more than that, he has spent 40m on the ownership of the club, plus about 12m on the team and stadium so far, which is all chump change to him.  Now its a case of trying to stay within FFP rules by increasing revenues or blowing them off like QPR, Forest and Blackburn did to just get there and worry about it later.