10 Terrible Decisions That BANKRUPTED A Club!
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- čas přidán 9. 06. 2024
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On this week’s 10, we’re looking at 10 teams whose horrendous decisions led them into financial insolvency - and almost killed them for good.
Our list is dominated by English and Italian clubs, but while some teams, like Leeds, Fiorentina, and Chelsea have recovered from financial mismanagement and scandal, others are still mired in lower divisions, like Parma, Portsmouth, and Derby County. Of course, Covid has made life more difficult, as in the case of Kaiserslautern, but it isn’t just minnows who fall prey to the taxman, with Glasgow Rangers and even the mighty Barcelona falling off their perches in recent years.
If you’ve ever wondered what happened to Malaga, what Wayne Rooney will do at Derby, or how Messi contributed to Barca’s crisis, this is the video for you. Let us know what you think in the comments.
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Which European club are you most worried about at the moment? 👇
Valencia CF
Barcelona
Euro football daily
My clubs are ManUnited (my love) Arsenal(soft spot) Ajax Dortmund Roma Atletico Madrid Marseille … I pray every day these teams dominate their respective leagues
And Celtic I’m Irish ☘️ it’s an obligation
A.k.a. Top 10 reasons for HITC Sevens' "What on earth is going on at" series
Love this 😂
HITC is so much better
@@jerichokane5880 I love how he turns a meme that can die within a week into 20 Minutes and for the sake of his character just casually slips Eddie Howe in it XDDD
And no matter what he makes it entertaining😂😂
@@youssefremy6173 “without Freddie Adu”
I’d throw in Chivas USA, a former MLS side in LA that wanted to utilize a similar policy to Chivas Guadalajara. While Guadalajara utilized a policy of utilizing only Mexican players, Chivas USA tried creating a roster of only players with a Hispanic background (so Americans with Mexican ancestry or foreigners from across the Americas were their targets). Chivas USA struggled since its inception in 2004 and were regarded as the worst side in MLS. In 2014, their arch-rivals LA Galaxy won their 5th MLS Cup while Chivas USA would be dissolved at the end of that same year. Since then, a newly formed club called LAFC has emerged in the same area where Chivas USA operated in and has already won a Supporter Shield.
Well no one cares about chivas usa
Yes that is a failure but nowhere near as big money wise and they weren't successful before
It sounds like a wannabe Athletic Bilbao
Qqq
Wait, so they were choosing players based only on their race?
Kaiserslautern is a good shout for any footy manager players lol.
I think you meant Craig Whyte, David White was Rangers manager from 1967-69...
Just had to be my team NO 1. Spot, such a turnaround in the last few years which ye love to see
Schalke 04 deserves a spot.
Redknapp profiting from transfers should be a much much bigger story
@DohnJoe I was quite surprised by that but it makes sense for that era
I always wondered why he kept selling players
Bradford City, 6 weeks of madness springs to mind and we’re still struggling in the 4th tier 20+ years on
Alan Smith looking like Donny Van De Beek in the thumbnail 😂
Can Barca get relegated through points deductions, given their mounting debt? Like what happened to Parma and Derby?
Idk, I don't think they would since it also hit la liga incomes unlike parma in serie a or derby in PL, but who knows
No, Barcelona won’t go into administration because of it, people want to own their debt
"You're not really an Italian club, if you're not owned by a wealthy weirdo"
Lmfao
You should check on Ferrero,Sampdorias Owner and De Laurentis who owns Napoli
Watching this and am a jambo, we did go into admin but now we're debt free and in good hands. Fan ownership is the best way for smaller clubs.
Ah man, it's horrible to see such huge clubs go into a downward spiral and down the leagues. Really feel for Forest fans atm
Barcelona bought Griezmann too late. They should have bought him directly from sociedad plus I’m certain if he went on loan before messi left messi could have stayed
No they could not hold on to Messi even if they had sold Griezmann. At first Barcelona claimed they could hold on to Messi if Griezmann was sold but then it turned out not to be true. Plus Barcelona was in massive problem just getting their new signings registered into the team, like Depay and Aguero etc.
Alot of players like Umtiti would refuse to leave since he was on such good salaries at Barcelona. Coutinho and Dembele are basically unsellable for the same reason, they won't get nearly the same salaries anywhere else. Barcelona is in an absolute mess due to their overspending both on transfers but especially on wages(players can't be moved on after they sign for Barcelona because nobody wants to pay the same wages except maybe PSG).
It is costly for a premier league team to miss out UCL for 2 consecutive seasons if they made a huge loan like Leeds. Spurs did not have such financial pressure despite they missed out UCL for 2 consecutive seasons as Levy did not make the similar mistake that Ridsdale did to Leeds
Bolton: Almost everything
so many mistakes that it deserves its own video essay
I remembered the likes of Bolton Wanderes Portsmouth etc by Steve Irungu Jermaine
Am I the only man u fan that's sick and tired of rio the pundit, amazing captain and always our legend no doubts, but hearing him talk doesn't click for me I rather if he could just shut up and leave my TV sorry a bit agressive😂😂
Mate I was saying this exact thing last night. He just waffles on and is just fucking annoying.
Yep. And please stop refering them as Man U if you're truly a fan
@@vishwanathkannan1093 u have a point mate, I was half asleep when I wrote that so there's that
@@henryjosh5114 cheers mate
braithwaite is too disrespected in this app.
Agree. Sure he's not a top top player, but he has been doing his job - although he's injured at the moment.
Btw he wasn't expensive - unlike many of their other signings.
The German Conference is called Regionaliga.
You should had put Deportivo la.Coruña and Panathinaikos in. Panathinaikos has a huge economic debt since 2012, in season 17-18 Stramaccioni bought a dozen players only to worsen the financial situation and the president cut the funding of the team for 2 years at least, relagated to 2nd division in summer 18 due to financial inabilities, but was saved thanks to a last minute law change, suffered points deduction and banned for 3 years from european competitions.
10 clubs who have failed to regain they're champion status
I remember Borussia Dortmund winning Champions League in 1997, then they had suite some terrible years. Without the help of Bayern, they would have been nowhere.
I bet specky had a hard on when including rangers into this list, did Celtic not go bankrupt? (Pacific shelf 595)
Aye, he had a wee stiffy
Nope. The Club paid the debts. Unlike Rangers 1872.
@@jinkybhoy101 clearly don’t know ur own clubs history 😂 before u talk about anyone else’s how about u learn ur own.
What exactly was the horrible decision with Chelsea? Sounded like a feel good story, not a terrible decision. And it’s unclear which “bad” decision forced Chelsea down into the bottom tiers. Seemed like a structural weakness of failing to revamp the stadium and expand rather than one decision which led to its relegation.
At 11.01 you've got your facts wrong about Leeds Utd, they went into administration after relegation was confirmed, hoping to take the 10 point deficit that season, not the next,. They were then deducted 27 points the following season which stopped them getting promoted
May the lord bless those club
Keen to see how New Rangers fans react
I'd say the usual way zombies do.
Leeds paid £7 million for Seth Johnson, he was released on a free.
50/1 rule should be adapted in the English game
Very good
🎶It’s a blue blue blue sea at….🎶
Barcelona money struggles have been caused by the restructuring of Spanish tv rights... and had to reduce wages from around €800 million to £150 in three seasons and that was during Covid too... pretty sue they would be ok if that hadn't happened...
I feel so old knowing that I watched them on their glory days
Schalke should be in here. My favourite club.
i never knew chelsea had fallen so far.
Looks like Van De Beek in a Bolton shirt😂
5% of player sales.
Hmmmm 😬
Rangers were not placed in the 4th tier they started there after having applications rejected to the Scottish prem and Scottish Championship.
yeah, cause it was a new club.
Facts!
You forgot Omonoia FC from Cyprus that for a decade, half a dozen president's, 12 managers ended being sold to an owner caused divide between fans and a second team being born and q huge debit following the team.
I remember leeds well lol it was when i first really got into football i remember they tried to sell robinson to spurs but have him loaned back
The premier league table still looks weird to me without Portsmouth and Derby County.
Ansu will save us😃
The problems at barca all started from the sale of neymar. In my opnion i think barca had no idea what to do with the neymar money. If they spent that money correctly then they could have built a team that could have continued to compete and could have sign worthy replacements for alves,xavi, inesta and neymar
Still haven’t paid for Coutinhio yet so where did the Neymar money actually go?
@@raymondmassie4898 127 milions for Dembele to BVB
@@marcelpopa347 that is the worst investment I have heard of in a long time... Dembele is a very talented player, but was already prone to longlasting injuries during his stint with Borussia...
That “greatest player of all time” actually took blatant advantage and in turn helping to screw the club he “loved”
He is doing amazing now at PSG.
Yep greatest of all time
Barcelona without Messi = 2 Champions League,Barcelona with Messi=5 Champions Leagues,Messi is the best player that Barcelona ever have and they have some great players thorugh history
@@marcelpopa347 Maradonna better
@@jockmctodger Maradona was a very talented player, however he only played 36 games with Barcelona and was transferred because he picked a fight with the Owner (and started a riot in the Copa del Rey final, in front of Juan Carlos, King of Spain, he missed games because he got the pox and he started taking cocaine and stay out well after curfew... and he won no championship and no Championsleague (or rather its predecessor) with Barcelona during this stint there... so, no, I do not think that El pibe d'oro was overall a better player than Messi is... but such things are always subjective and your opinion is as valid as mine...
You make some valid points, yet if someone offered you 500 Millions for five years, while doing what you love in the club you love, would you reject it? Barça could have said 'No' but they were happy enough to pay his immense salary... and lets be honest, few employees know exactly how the cash flow looks for their company...
@@sksaddrakk5183 hey I guess I will never be able to truly answer that as I won’t ever be in that exact same position but I would say no. I would be happy with a 10th of his wealth and could make that look after my family for a very long time. I look at like this. If you knew your business was going to fail and was loosing money but you still wanted to maintain the high rolling lifestyle would you let your parents remortgage their house to fund your business albeit for the next few months or year even with no realistic prospect of paying them back?
Would you take advantage at someone’s inability to do business right also if you cared about them. I don’t think you would and I know it’s a jump to assume the relationships are the same etc
Honestly speaking of he was told this could bankrupt the club would he have taken it? I don’t think we will ever know the truth. My point is that he is not the most virtuous person out there and at best he never even considered the impact to the club. Most people who saw how Barcelona were operating could have said something isn’t right. It’s not sustainable. That’s all I’m saying. He doesn’t need to be lauded for everything.
Anzi should be on here
valencia ?
Craig Whyte*
Why the hell is Smith wearing a Bolton shirt in the thumb nail picture
Leeds played Bolton the day they were relegated. Swapped his shirt after the game finished
@@mikepearson4855 ahh I didn't know that I was pretty young when we went down
It was Craig Whyte who bought Rangers, not David.
A didn’t know our name was Glasgow rangers a always thought it was rangers
Think about it it’s in Glasgow 🤦🏻♂️
@@charliemulligan3127 right ok so now it’s London Chelsea Merseyside Everton
@@craighenderson5703 it’s been since day 1 same Celtic
Barcelona one makes me happy
As a chelsea I hate ken bates, the real hero was matthew harding.
Of course someone will disagree with me but I will just point to my season ticket seat in the mathew harding stand.....still no ken bates stand.
Rushden and Diamonds
Champion manger 01/02 got them in championship lol
So basically they were all down to dodgy owners?
Yeah erm. Hopefully Tottenham get liquidated.
What about anzhi
Schalke is missing
Up Next: Newcastle
NEXT barcelona
Barcelona will never get to the height of what they want were because they got rid of Messi
They are belong to mid table club from now on! So not european glory for them.
What did he spend 8,000,000 euros on?
The election of Bartomeu :)
You got your facts about chelsea wrong Mathew harding saved chelsea not bates
FC Valencia
Barcelona listening to their fans so much that it cost them messi going for free 😁
£1 each for both Chelsea & Rangers?
For rangers that was still overpriced, as they were and did indeed die. But for Sevco, yeah still too much.
WRONG! Rangers are the exact same club but with different owners. Don't believe me? Ask those who decide these things both legally and within the sport, namely the Scottish Courts, the U.K Courts, UEFA & FIFA all of whom recognise it as such.
I don't think so son. If they were the same club - then pay yer debts back. You can talk about the bodies that your fans call corrupt, like the SFA, and you can make whatever excuses you want, yer club died - as this chap noted Sevco is a new entity. But hey, delude yerself and believe its all the same if you want. In any other country it would be obviously a new entity and club - and yeah, FIFA etc - not known for corrupt decisions and actions eh! yer club died ya zombie - just be happy you have a club and that you won yer first trophy and let the fantasy of 55 go. That will NEVER happen, as newco will have gone bust afore you each 2 leagues, and is it zero cups, not including the petrofac cup that you've won? ha ha ha mad zombies and the knots they tie themselves in to prove the unproveable, and take the words of other cheats. madskulls.
@@thenewvoice8 👏👏👏 You played all the hits there yet missing from it all was any legal evidence from a recognised body. What was there was floods of wishful thinking and lashings of jealousy. Fifty five, still alive and lovin' it.
@@nmcd7049 Jealous of 55? I think not my friend, that will come with time. I'm happy with having seen 9-in-a-row. Growing up hearing how the European Cup Winning team had achieved it, then witnessing Rangers do it and equal it - that was tough - but to have seen us do it again, something Oldco didn't do and now cant, I am happy. To have seen a Quad Treble too. Yeah, last year was shite for Celtic, but we move on and go again. Maybe get 9 for a third time. Oh, and I was also alive to see Rangers die. So yeah, not jealous at all. Back when you had Laudrop and Gazza, I was then, and worried about how many you'd get. Then you died, and so it is only a matter of time to Celtic beat the record of 54 leagues by the one contiguous entity, and not some Zombie Sevco, that we can all agree CHEATED to win some of the 9 in a row by financial tom foolery - so jealous? of what Zombie? That we have just done a second 9 in a row with many trebles? That we have a european cup to our name? That we are the same team we always were? no my friend, not jealous - and also, unlike yourself, not living in a dream world that cheating and liquidation don't have consequences. 1 in a row pal, let's see if you make it to 2.
@@thenewvoice8 LOL, again with all the 'hits from the pits' yet no legal ruling by any court and no ruling by any of football's ruling bodies that agree with you (note: whilst none back your delusions, all back my original post). If you weren't to jealous you wouldn't have Replied with claims, but with actual judicial or sports ruling body's rulings. You're hurting, I feel for you, having your greatest (and I do mean greatest) rivals hold the finest record. Me? I have, and always have had, many Celtic supporters in my family and I am pleased for them when Celtic do well, especially being the first British team to win the Europen Cup. After all, only unhappy bigots would be otherwise. Right?
All good now though, 55 times league winners (a world record) and our first (full) invincible season, shattering the other side of Glasgow’s hopes by finishing 25 points ahead and stopping 10 in a row, almost all worth it :)))
Teams dead think you’ll find it’s title number one
LowkeyCamby ahhhh, love seeing another example of a heart broken wee tim, keep crying, fucking love the tears, only thing that’s dead are the majority of the Lisbon Lions
Dude, how can you not count to 1? You have 1 premier league. If you ARE the same club, then pay all the old debts off. Liquidation means the company died, if you think that a dead company can transfer its history to a new one ok - that makes no sense to normal folks, but I expect it from folks who can't tell the difference between 1 and 55. Wait, you think going bust and dying was worth stopping your rivals getting ten? You've almost bankrupted again - and will do so soon enough - but I guess liquidation 2 will have as much impact on your logic than Sevco did. mad foolish zombies
@@thenewvoice8 🤣🤣🤣🤣🤣🤣
Everton are next.
Sunderland
good vid. but ronny is the goat
🕯️🕯️🕯️ Barcelona to relegate in the next 5 years
‘Greatest of all time’
Lol your joke funny
Lol, if he thinks Messi is greatest of all time then so be it? It is his opinion. You have yours. Don't have to be a clown just because people's perspectives doesn't align with yours.
Its not a joke tgo...
Man utd loading....
Rangers lol
The Huns do not 'technically' operate as a different company, they are a different company! that's what liquidation does to you ;-)
the Huns died man, only Sevco lives on
@@thenewvoice8 Celtic are dead. Only Pacific shelfian orcs live on.
@@rangersmetalatheist9392 If you don't understand the difference between liquidation, and what the Pacific Shelf co was about - then that's about right - I'd blame your teachers and parents for neglecting your education. Poor deluded zombie.
@@thenewvoice8 Again ironic Tim's don't have an education 🤣🤣🤣 Rangers fc weren't liquidated. It's company was. How can a "dead" club be the champions of Scotland for the 55th time ?
You must still believe in Santa and Easter Bunny. 🤣🤣🤣
@@rangersmetalatheist9392 so wait the 'company' was with all its liabilities and the financial cheating that resulted in an ON PARK and TEAM advantage - yet somehow you think the financial side that dictated what players played for 'the club' are somehow not connected? OK chief whatever. But yes, RFC are dead, RIFC, or Sevco if you prefer, are a new entity. Give us one example of this being the case in any other business or club - you can't as it doesn't happen. Search deep down - you know it to be true. The company paid for the club, the club couldn't exist without the company, the company died, therefore the club ceased to exist. It truly isn't hard to figure it out. You should count yourself lucky that further action wasn't taken against Oldco to negate the leagues that they won whilst cheating, and be happy that you got a new club to follow and that you've won a trophy. Embrace the truth, it will set you free.
Hate people calling it "the Prem", just sounds stupid
Not as bad as using “UCL”
Ah yes leeds, very entertaining allowing man city to score 7.
This video was made 3 months ago and half their team is injured
Rangers then
Rangers now
Rangers forever.
Nobody can kill us and the haters know it and are ragin. Title 56 is coming.
ha ha ha ha - Zombie logic. Rangers then, Sevco now, deluded forever!
@@thenewvoice8 ironic. A guy who thinks zombies and a club called "Sevco" exists calls some else "Deluded forever" Now that's hilarious 🤣🤣🤣🤣
RANGERS THEN,
RANGERS NOW,
RANGERS FOREVER
And Celtic fans know it.
@@rangersmetalatheist9392 That's not irony champ. You should look up what ironic means before you use it again. You need more brains Zombie boy
@@rangersmetalatheist9392 shout it if you want - it still doesn't make it true. Tell me more about how liquidation didn't effect Oldco the way it does every other company? ha ha ha - Deluded Forever, We Were the People, until we died, because we were not READY to save our club! Shame on you and yer brood for not saving yer club, a disgrace.
Its sad to realize that Chelsea will go down more than the way they were before soon enough...i am from the future by the way
Wait a minute “Barca paid double the asking price for Dembele and De Jong” ????
That’s just wrong on so many levels. Makes it sound like BVB were saying “Oy if you lot want Dembele it’ll cost ya 70 million “ and Barca said “nah screw that mate, we’re bloody rich with all this Neymar money. We insist on giving ya 140 million and not a penny less”. Whereas the truth of the matter is that Dortmund had put a 70 million asking on Dembele BEFORE PSG signed Neymar and smashed the transfer record in the process. Once that happened every highly rated attacking player Barca had their eye on to replace neymar instantly had their asking price sky rocket overnight. I’m one of the biggest critics of bartomeu but in that situation the only thing he can be blamed for is not making Neymar’s buyout clause 1 billion or some other completely unobtainable amount.
I know that the amount of time to cover it was brief but still could have qualified that statement by putting it in context of “after PSG broke the transfer record for Neymar “
As for Frenkie De Jong the asking price may have been 35 million euros the previous season BUT after the phenomenal champions league run Ajax went on that season the asking prices for their emerging stars skyrocketed overnight. Barca were in fierce competition with PSG for his signature and winning that race was a huge win for the club and at the time it was a signing they could afford. It was a very similar story why De Ligt cost Juventus a hell of a lot of money. Again removing context for the sake of hyperbole.
Very sloppy writing there which could have been amended with either qualifying the statement or giving it a bit of forethought or both.
I’m just a Barca fan with a day job and yet I picked up on that immediately so how people whose whole job is being football experts allowed that to slip is beyond me. This isn’t obscure stats from twenty or more years ago about a team barely anyone has heard of, rather this is stuff from very recently about one of the biggest clubs so all of this stuff that I’ve mentioned is very widely known at least one would expect it to be, even among English football pundits.
Sorry Pat your my favourite but I only viewed this video to leave this comment… I couldn’t care less !! Please make more beneficially strategic videos!! I loved you !! Now Not so much Tifo football is levels ahead where you were once on par.. PLEASE PLEASE PLEASE FIX THIS
Barca lost the greatest player of all time for free? Funny I thought ronaldo was at Juve at the time.
What exactly was the bad decision with Chelsea? Sounded like a feel good story, not a terrible decision. And it’s unclear which “bad” decision forced Chelsea down into the bottom tiers. Seemed like a structural weakness of failing to revamp the stadium and expand rather than one decision which led to its relegation.
The expansion of the stadium and thus forcing the club to be a tenant in their own stadium.