Chapter 107: The Storm

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

The independent television station that broadcasts the three levels of professional league games in England except the Premier League has filed for bankruptcy, saying it cannot afford to pay the remaining £178 million of the contract.

Due to the economic downturn, the decline in advertising revenue, and the decline in the number of subscribers, the independent station was unable to pay the remaining 178 million pounds after paying 135 million pounds. They are demanding that the contract be amended to reduce the broadcast fee to £50 million for the next two years.

If this solution is not changed, each League One club will lose an average of £3 million, League Two clubs £600,000 and League C club £400,000.

In June 2000, when the English Football League's independent television station signed a three-year, £315 million television contract, the 72 English first, second and third division football clubs blossomed, believing they had found the key to the "door to wealth".

But to the surprise of the independent digital station, the audience was not as interested in League One, League Two or even League C as they were in the English Premier League.

The Independent Digital Channel is a pay-per-view channel that allows viewers to watch its programmes for a fee of £20 a month. Nearly 25% of viewers asked to quit after signing up to watch independent digital stations. In this way, in theory, after four years, there will be no audience for independent digital stations.

In such a situation, it is naturally difficult for independent digital stations to pay hundreds of millions of broadcast fees. As for football clubs, relying too much on revenue from television broadcasts has also led to many non-Premier League professional football clubs being dragged down when independent digital stations cannot afford to pay for them.

Broadcast fees can basically be regarded as the largest income of these clubs, if this part of the income is lost, the vast majority of clubs will fall into financial crisis, serious and even face bankruptcy, for a long time can not be slowed down.

You don't have much to say about Dogetty this time, do you?

David smirked, he really didn't expect retribution to come so quickly.

He doesn't need to worry about this problem because of his deep pockets, and he doesn't take the millions of pounds to heart, and he doesn't think that Notts County will always struggle in the lower leagues, and next season they will be promoted to the Premier League, and the broadcast share will not be affected, it is a huge cake, and it is a big cake that has skyrocketed year by year, and it is definitely not to be missed.

This time Nottingham Forest chairman Dogetty is really full of money, although since he became the owner of Nottingham Forest, he has continued to invest tens of millions of dollars in the club, but his business is not a mega enterprise, can not withstand his continuous blood pumping, originally thought that Nottingham could be on the right track under his large investment, self-sufficiency in blood supply, no longer need him additional investment, but now it seems that this can not be achieved at all.

As a strong team in League One, Nottingham will lose at least more than 500w pounds in this wave of turmoil, and this is by no means a hammer deal, you know, with the withdrawal of independent digital TV stations, the broadcast of lower leagues such as League One and English B in the future may be unattended, even if someone takes over, the price will drop like a dive, and the days of dire water are coming soon.

Just now in front of the media to boast about Nottingham Forest's financial health, in the blink of an eye, his face was swollen, this is completely uncomfortable.

Now Dogty has seen that compared to wealth, he is not as good as David, David can give unlimited blood transfusions to Notts County, but he does not have so much capital to be capricious.

In the interview, Dogotti no longer dared to talk nonsense, except for criticizing independent digital TV stations that did not abide by the contract, he could only blush, and reluctantly said that Nottingham Forest, like many clubs, would also be in financial crisis if they did not get a follow-up broadcast share.

The reporters laughed at the big-mouthed chairman in their hearts, who told him to have nothing to do with it.

And when David was interviewed, he happily ridiculed the big-mouthed chairman next door.

"I really didn't expect Mr. Dogetty's attitude to change so quickly, it seems that the situation at Nottingham Forest is not good! There is no problem with the finances of Notts County, we still have a lot of money in the bank, even if the broadcast share is gone, it will not hurt the bones, or even have no impact, as for the serious situation encountered by other clubs, I can only express regret, this is the sadness of the lower league clubs, I am not a savior, I don't know how to solve it! ”

After that, David didn't bother to fight with Dogetty, because he could already see that this restless old man was kraft candy at all, and unless he was beaten to death with a stick, he might come out to disgust himself at some point.

David's focus is still on this football storm.

In fact, many football professionals have warned that relying too much on TV broadcast income will lead to an unprecedented crisis in English professional football, because once the TV contract cannot be fulfilled, the club's economic lifeline will be cut off.

Now, that 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, and as a result, the price of TV rights in League One, League Two and League C also rose.

However, under the intensive bombardment of Sky TV, Premier League games are broadcast so much that fans prefer to watch the big names such as Manchester United, Liverpool and Arsenal, and no one wants or has the time to follow those teams in League One, League Two and League C.

Just because the Premier League is popular doesn't mean the lower leagues are just as popular, so how can they be treated the same?

I have to admit that if Notts County didn't have its own input, it would definitely not be able to escape this storm, and maybe it would be held in custody by the bank tomorrow.

Now, Notts County fans are extremely glad that they have a chairman who is not bad for money and is willing to invest in the club, and in the face of other clubs' dire sorrow, Notts County is still strong, and the stadium and youth training base are still being built according to the original plan, and they have not been affected in the slightest.

For Notts County, the storm was not a threat, but a help.

Maybe the last few rounds won't be visible in League Two, but next season, the impact of the storm will definitely be highlighted, and the clubs in League One are in financial crisis, and they can still put their hearts and souls into the game?

Notts County could just sit back and wait for the fishermen to reap the benefits.

[It's about to be 515, I hope to continue to hit the 515 red envelope list, and the red envelope rain will be able to give back to readers and promotional works on May 15. A piece is also love, and it must be better! 】