reborn football boss

Chapter 107

Chapter 107

David thought that the retribution would not come so quickly, but who knew that he had just responded to Daugherty in front of the media. The next day, a shocking news detonated the entire English football world.

The independent television station responsible for broadcasting England's three levels of professional league games except the Premier League has filed for bankruptcy, saying it cannot pay the remaining 1.78 million pounds of contract payments.

Due to the economic downturn, falling advertising revenue and declining subscriber numbers, the Independent was unable to pay the remaining £1m after paying £3500m.They asked to amend the contract to reduce the broadcast fee to 1.78 million pounds for the next two years.

If this solution cannot be changed, each League One club will lose an average of £300 million, League Two clubs £60, and League C clubs £40.

In June 2000, when the English Football League ITV signed a three-year TV contract with a total value of 6 million pounds, 3 English football clubs in the first, second and third divisions were happy, thinking they had found the " The key to the gate of wealth.

But what IDN didn't expect was that viewers were not as interested in League One, League Two or even League C matches as they were in the English Premier League.

IDS is a premium channel, with viewers paying £20 a month to watch its programmes.Nearly 25% of viewers asked to quit after registering to watch independent digital channels.In this way, theoretically, after four years, the independent digital channel will have no audience.

Under such circumstances, it is naturally difficult for independent digital stations to pay hundreds of millions of broadcast fees.As for football clubs, due to their over-reliance on income from TV broadcasting, many non-English professional football clubs were dragged into the water when independent digital channels were unable to pay their fees.

The broadcast fee can basically be regarded as the biggest income of these clubs. If this part of income is lost, most of the clubs will fall into financial crisis, and even face bankruptcy in serious cases, which will not be relieved for a long time.

You, Dougherty, have nothing to say this time, don't you?

David smiled smugly, he really didn't expect the retribution to come so quickly.

He doesn't need to worry about this issue because he is rich and powerful. First, he didn't take the millions of pounds to heart, and he didn't think that Notts County would always struggle in the lower leagues and be promoted to the Premier League next season. The rebroadcasting share will not be affected, it is a huge cake, and it is a big cake that has been increasing year by year, absolutely not to be missed.

This time Nottingham Forest chairman Dalgety is really full of money. Although he has continuously invested tens of millions in the club since he took over Nottingham Forest, his company is not a huge company and cannot withstand his continuous investment. For the blood draw, I originally thought that Nottingham would be able to get on the right track with his large investment, self-sufficient in blood supply, and no additional investment from him was needed, but now it seems that this cannot be realized at all.

As a strong League One team, Nottingham will lose at least more than 500 million pounds in this wave of turmoil, and this is by no means a one-off deal. You must know that with the retreat of the independent digital TV station, in the future, League One, League Two, etc. The broadcasting of low-level leagues may be almost uninterested. Even if someone takes over, the price will drop like a dive. The days of dire straits are coming soon.

Just now he was bragging about Nottingham Forest's financial health in front of the media, but his face was swollen in a blink of an eye. This is completely uncomfortable.

Now Dalgety has seen that compared to wealth, he is no match for David. David can transfuse blood to Notts County without restriction, but he doesn't have so much capital to be willful.

When he was interviewed again, Dalgety no longer dared to talk nonsense. Apart from criticizing the independent digital TV station that did not abide by the contract, he could only blushed unwillingly and said that Nottingham Forest, like many clubs, if they get If they don't get the follow-up broadcast share, then they will also fall into financial crisis.

The reporters all laughed at the big-mouthed chairman in their hearts, who told him that he had nothing to do.

When David was interviewed, he readily ridiculed the big-mouthed chairman next door.

"I didn't expect that Mr. Daugherty's attitude changed so quickly. It seems that the situation of Nottingham Forest is not good! Notts County has no financial problems, and we still have a large amount of deposits in the bank. It won’t be hurt, or even have no effect. As for the severe situation encountered by other clubs, I can only express regret. This is the tragedy of low-level league clubs. I am not a savior, and I don’t know how to solve it!”

Afterwards, David didn't bother to argue with Daugherty anymore, because he could tell that this restless old man was nothing but brown sugar. Unless he was beaten to death with a stick, he might come out at any time to disgust himself. People who are not killed, stay away from them before they are completely killed.

David's focus is still in this football storm.

In fact, many football professionals have warned before that England's professional football will face an unprecedented crisis if it relies too much on TV broadcast income, because once the TV broadcast contract cannot be fulfilled, the club's economic lifeline will be cut off.

Now, this prophecy has come true!

Sky TV, a subsidiary of Murdoch Media Group, won the broadcast rights of the Premier League at a sky-high price. Affected by this, the prices of TV broadcast rights for League One, League Two, and League Three have also risen accordingly.

However, under the intensive bombardment of Sky TV, there are so many TV broadcasts of Premier League games. Fans prefer to watch the games of big-name teams such as Manchester United, Liverpool, and Arsenal. C team.

The popularity of the Premier League does not mean that the low-level leagues are also popular. How could the two have the same treatment?

I have to admit that if Notts County did not have its own input, it would definitely not be able to escape this storm, and it might be entrusted by the bank tomorrow.

Now, Notts County fans are extremely fortunate that they have a chairman who is not short of money and is willing to invest in the club. While other clubs are in dire straits, Notts County is still strong, and the stadium and youth training base are still in order. The original plan was not affected at all.

For Notts County, the storm is not a threat, but a boost.

Perhaps the last few rounds will not be visible in League Two, but next season, the impact of the storm will definitely be highlighted. Clubs in League One are in financial crisis, and can they still devote their minds to the game wholeheartedly?

Notts County can sit back and wait to reap the benefits of the fisherman.

(End of this chapter)