Debt is also relative to income. Those figures look big, but so too is their income. Much of the debt has also been placed on their books via the "purchase" of the club. The debt hasn't been run up via trading, despite the sizeable pay grades of soccer players. Soccer won't implode - it's BskyB's biggest draw.

It maybe Sky's biggest draw but it also recives by far the biggest slice even Sky will only pay so much.

I fail to see how the debt is listed makes much diffrence its either debt or it isn't.
Take Liverpool as an example I would imagine the debt was listed in just the way you mentioned that still didnt' stop RBS getting twitchy and asking for the money back, That would have put LFC in administration not their American owners.

Also Mr rooney now gets £1/4M a week, Can you guess whats going to happen next?
I would imagine most of the top earners at Chelsea and M City are going to start saying 'My turn now and if hes getting £250,000 a week I want £300,000' and I bet they get it this them once again will make all the lesser players in the prem's agents get even better monies for their average players.
There is one thing that I failed to mention and that is that apart from the Sky cash their is a finite amount of money the clubs can get from their customers due to the price fans will/can pay for tickets and once that point is reached clubs will start folding whilst still in the prem at that point the sport WILL go POP as even billionares will only stump up so much.

What has football clubs in debt got to do with expansion of rugby league?So it is ok to leave blackpool and whitehaven into administration, but it is fine for celtic to go in debt twice during 12 months.Footballers always get paid too much, but that means nothing at what i am stating.London has been in Superleague for yrs and their fan base should be at least near 6000 or 7000 on average.As i said i was based in London and they are not interested in league, compared to football and rugby union.I would not go and watch Widnes rugby union, so my point is you will never get rid of the interest in football and rugby union.Clubs like Widnes,Fax,Leigh,and barrow should have a chance in the top tier.The sport is run by cowboys, and i suppose if your team HKR was replaced by an expansion team, then would you be happy?

I dont know but then I could ask you the same question seeing as it was YOU that brought them into the conversation
BTW until Sky got its hands on the association game RL got more airtime then Football did if I remember right ( can anyone confirm this?).
My point is that just because Football is running roughshod over everything now doesn't mean that situation is going to last.

Also Manchester United's debt hasn't got anything to do with an impending implosion of the premier league. I don't have the figures in front of me but as far as I was aware, United make about £30million profit every year. The problem is to do with the owners who are skint and they had to take out the loans to buy the club. I know a lot of United fans criticised the takeover at the time and IMO so far they have been proven right. I can't believe someone with so little money of their own was allowed to take over such a big club. In fact, with United's huge interest repayments, I can't see how the Glazers will ever get the club out of debt. Its like the club make £30million profit and the interst on the debt is £30 million. With little or no money of their own to put into the club, the Glazers probably haven't actually paid a penny off the actual debt in the 5 years they have owned the club. Just think that could add up to over £150 million paid back to the banks but the debt is still the same size. Also the Liverpool situation was of the owners making. Before Hicks and Gilette took over Livepool didn't owe a penny to anyone.

I'm not saying football doesn't have problems, but cases like United and Liverpool are more to do with owners rather than the game itself.

It's been pretty much unequivocally stated by the RFL's chief operating officer that 'without London I don't think we'd have Sky'. The original blueprint for Superleague was that there would be teams in the North East, in Cumbria, London and France, Sky never funded Superleague on the basis of it being a competition for Yorkshire and Lancashire. I can understand peoples frustration when they think their club could do a better job than London, but it's not as simple as that, if the presence of London prevents the professional game from collapsing, then they are vital for the long term future of the game.

I agree with you mate.To be honest the game is a joke without promotion and relegation.

So a new company set up? Crusaders to go into administration this week?

'Crusaders directors hope to enter administration by the end of the week.'

Is this some sort of joke to them now? Shows a real big problem if this is being seen as a good thing I mean WTF? God help the RFL in court for the image rights as I can't see the HMRC being too chuffed if they let Cru wipe off debt and take no action!

I could understand their hard stance with Blackpool based on getting HMRC on side showing that they are committed to all RL clubs paying bills etc.

"Crusaders hope..."?

Well I hope their 'hopes' aren't dashed!
Would be a shame if they couldn't get that right!

Anyway - who's going to answer to the Borders Agency about those visas???

An extra point available for going into administration in the last three years? It's the future.