sorry moral hazard is financial jargon ... it means that someone keeps taking risks in the hope that if he suffers losses, the central banks will bail him out and I found a similar analogy in the sentence i bolded in your post
I don't think there would be any harm in every PL club chipping in a small amount to help with the small things like, washing the kit, petrol in the team-coach etc.
Ah, I see. That's the point I was trying to make though.. If every club that got into financial difficulty was bailed out then every club would do it.
Of course there are questions over how fairly money is shared out in football but would that really have stopped something like this happening? Probably not. You buy a £25m stadium with complete disregard to what's actually important, buying and paying players and this is bound to happen.
I wish Darlington all the best but the FA really need to sort out this fit and proper BS.
no problem with it except that since PL clubs never took anything from the smaller clubs, the smaller clubs dont really have any right to ask the bigger clubs to chip in... if big clubs do it out of choice and goodwill, then its a different matter entirely although i doubt petrol and kit laundry will really benefit the smaller clubs finances in a significant way
I understand your point however I'd like to think Football is one big community- And in Darlingtons time of need, a small [not talking thousands, maybe £200 to do one weeks worth of laundary?] would be massively appreciated. Also, the money for petrol & kit would go a long way. I know when we was in Administration, we had pretty much £0 to spend, so the small stuff does go a long way.
I don't think £200 is going to save a club in millions of pounds worth of debt. Especially when you consider that they've already raised £50k and that probably isn't even 1% of what's needed to save the club.
Besides, I think a club like Newcastle donating £200 to Darlington for "Laundry" would be considered a bit of a ****-take.
I didn't say it would save them. I said it would help though and certainly wouldn't be considered a "****-take" oO)
obviously it would help but it would help as much as if I gave 5 quid to a homeless man, he might eat a meal that day but at the end of the day, he is still homeless
Balotelli will bail them out!
Really? A football club is about to disappear from the leagues, and that's your response? Seriously grow up, that joke is a week old.
_______________
I hope the proposed takeover goes ahead, would be a real shame to see any football club go under, more so one that I grew up watching.
Thing is if it went through, how sustainable would it be? Think that should be a cause for concern. I have a feeling that it may fall through unfortunately.
On the plus side, it could always come back. Look what happened to Newport County for example.
A lifeline is helpful, even if it only extends the club's chances by a few days/weeks. They will undoubtedly come back, as almost all do when they fold, but the original club is something they don't want to go away.
Oh without doubt. Like for example in the future if my club Everton went under, then came back....it just wouldn't be the same at all. All the history would be gone, and the fans would just have personal memories and nothing more. It is pretty much ripping the heart out and throwing it away.
I've got my fingers and toes crossed for Darlo for tomorrow though. I am trying to stay positive for the club...but it just seems so incredibly bleak. If I'm not mistaken they'd have to register players to the Blue Square tomorrow for the next match-when there isn't any.