#mustread #PremierLeagueStories on Dec 26 1992 – Only the premier league will survive – #StokeCity Chairman #PeterCoates

Stoke City chairman Peter Coates delivered a gloomy new year message for football fraternity where he claimed that cash crisis was going to result in a number of clubs winding down except the ones in the premier league who were reaping benefits of huge money inflow. He compared the fact that Alan Shearer was earning almost equal to the money that the whole of Stoke City was paying out to all the staff combined. He also cited the example of Brighton who was on verge of folding as a club. “It is becoming increasingly clear that the game can not support 92 professional clubs. And the heart of the problem is players’ wages” he added

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