Issue Breaking even and City in the Champions League

As told by Michael Wood

English clubs owe more money than the rest of Europe combined. The huge debts at players like Old Trafford and Anfield are so great that UEFA’s Michel Platini is so concerned that he is trying to ride to the rescue with a rule that would exclude any team from the Champions League or the Europa League that is not in the black.

It seems that 53% of European football debt comes from the top of the English game and while the people in the top flight point to that fact that no only is the majority of debt – but also the majority of income – based on the Premiership. The TV Deals, the popularity, the money coming in they say justifies the red figures on the back account.

Platini – an egalitarian – sees things differently and while the rules he seeks to bring in are undoubtedly going to harm the English clubs from 2013-2014 when the Frenchman wants to begin enforcing the rule onwards one might doubt that it will harm the English football fan.

The benefits of The Glazer deal at Manchester United, the Americans at Liverpool, the Icelanders at West Ham United or the men of unfixed nationality at Portsmouth for the football supporter is debatable. The most shocking thing about Leeds United’s 1-0 win at Old Trafford in January for the East of Pudsey people I spoke to was not the gulf in the teams that had grown in the years since the clubs parted company but the increase in the price. It was £42 for a Loiner to get into the game, twice as much as it was less than a half decade ago.

What is bad for English football making the club’s less attractive for the investors who have flocked to the Premiership in the last decade or so might be good for the English supporters who for all the joy of seeing the “best players in the world” have suffered a counter balancing effect of a third of teams going into administration. Make club’s less desirable for investors looking to use the assets they purchase to mortgage the business and one makes the football club (rather than the football business) safer, in theory at least.

Of course this begs the question as to who owns football clubs if it is not the current ranks of investors and interested parties not all of which can be said to be moustachio twirling madmen. One answer is found at Valley Parade.

Mark Lawn and Julian Rhodes are a pair of local businessmen and for all the increasingly – and for me troubling – autocratic nature of one of the joint chairmen in his approach to planning at the club the previous plan he has followed has worked.

Worked not on the field – at least not in the medium term it was judged – but certainly off it. Mark Lawn arrived with a plan – a plan that Julian Rhodes had hoped for for sometime – of the club working within its budget and living in its means and we are told that this plan has worked.

Bradford City are one of only two professional English football clubs who are in the black. Lawn and Rhodes’s plan worked, that is why it would be nice to know what the plan is now and why I’d hoped that Lawn would come out with his arm around Peter Taylor with a contract that lasted for years and announce that nothing at Valley Parade would change, aside from the manager. That he still believed in the long term planning and stability that had got us to the point where we lived within our means that that Peter Taylor would be given that stability and ability to avoid having to boom or bust to keep his job. Alas he did not.

Nevertheless if it is true to say that City are in the black – the news was written to a fan and is mentioned in the excellent and once again plugged City Gent #162 – then the joint chairmen deserve credit and we shall keep our fingers crossed that this last month where the plan that has been us in such rude financial health is questioned that it has not been dumped.

It is an achievement for the club and everyone at it that at the turn of the decade that saw City go into administration twice that Bradford City have learnt the lesson and put being in the black as an a significant aim.

Michel Platini will hope that we still do because if things were to continue as they do now then in 2013 when the Frenchman aims to enact his new rules Scunthorpe United and Bradford City will be England’s only two entries to the Champions League.