According to Southend defender Peter Gilbert, formerly at Plymouth Argyle, the state of football finance is such that players are having to run credit checks on clubs to avoid being shackled to a club heading for administration.
According to Southend defender Peter Gilbert, formerly at Plymouth Argyle, the state of football finance is such that players are having to run credit checks on clubs to avoid being shackled to a club heading for administration.
There is no credit ratings agency that one can pay a fee to in order to get a financial report on a club, nor is there the equivalent of Moody’s downgrading, say, Plymouth Argyle to C+. According to Gilbert, players are having to resort to a relatively rough-and-ready method: ‘They will ask lads who they know there or who know about the club if people are getting paid their wages.’