Financial Fair Play investigation

[Harryflashman]

Basically it's just the super league through the back door and we voted for it, well done Bill, Denise and board.

I just can’t get my head around it , it really is turkeys voting for Christmas

 

[ForeverBlue92]

Imagine my shock to see that narcissist is posting ideology to cause more distress to those who don't, and don't need to, know about the finances of our club.

Absolute attention seeking fraud and I'm fed up of him trying to make ground after being proven wrong endlessly and backtracking.

I guess it's ok though because he bought a mod on here a pint once and has property?!

We know our board is horrendous but causing further distress to fans and being manipulative to further your own clicks and revenue is not on.

Not sure who you're referring to mate but I agree with the sentiment. On twitter my rule is to only talk about spirituality & promote my photography work but I broke that rule on Sunday and posted a tweet about the death cult engulfing our fanbase at present time.

To my somewhat shock I wasn't being called a sell out or a club stooge I actually got hundreds of likes & retweets so I do feel like many in the fanbase are starting to feel disenfranchised with the constant negativity and scaremongering thats happening on social media.

The best is the RS buying BMD off us as we fall into liquidation

 

[Villa_Fan]

Yeah i get the general investment benefits...but im sure i read something about how it also benefits FFP / P&S in terms of the regulations.

There is an increased allowable loss if the club receives investment, allowing 35m loss per year. But it has got to the stage where people just discuss P&S threshold as 35m a year in the assumption that the owner is investing money. If the club has a large debt which incurs a large interest repayment each month, a wealthy owner can invest in a club and clear all debt, thus reducing the payments on debt and this has a positive impact on P&S/FFP

 

[mahermi1]

Not sure who you're referring to mate but I agree with the sentiment. On twitter my rule is to only talk about spirituality & promote my photography work but I broke that rule on Sunday and posted a tweet about the death cult engulfing our fanbase at present time.

To my somewhat shock I wasn't being called a sell out or a club stooge I actually got hundreds of likes & retweets so I do feel like many in the fanbase are starting to feel disenfranchised with the constant negativity and scaremongering thats happening on social media.

The best is the RS buying BMD off us as we fall into liquidation

What has or should I say is killing us is the happy clappers that has kept these cretins in charge of us for years too long, we gave fell miles behind and have been a Museum for decades.

 

[ForeverBlue92]

What has or should I say is killing us is the happy clappers that has kept these cretins in charge of us for years too long, we gave fell miles behind and have been a Museum for decades.

I marched with the Blue Union against Kenwright and was greeted with animosity from some of the arl fella's in the fanbase at the time.

Now those same arl fella's a decade later are calling me a sell out for backing Moshiri.

 

[DualityNSNO]

I marched with the Blue Union against Kenwright and was greeted with animosity from some of the arl fella's in the fanbase at the time.

Now those same arl fella's a decade later are calling me a sell out for backing Moshiri.

You were backing Kenwright and DBB literally less than a week ago.

How times fly I guess.

 

[ForeverBlue92]

You were backing Kenwright and DBB literally less than a week ago.

How times fly I guess.

I've not once backed Kenwright.

I support DBB as she's been used by BK as a human shield and fans like you are guilable enough to fall for it !

 

[Neiler]

A few years ago Moshiri converted our debt into new equity.... which was partly how he got to 94% ownership. Of course that is ok provided he can afford that and/or the equivalent real value is then added to the club as a result. Similar for this if that's the route taken.

Originally, much of the stadium debt was going to be loaded onto the club as a loan, which would then be balanced by increased stadium income plus naming rights. At that point we had a backer who was prepared to spend £30m just for first dibs at sponsoring the stadium..... so most of us turned a blind eye as to whether or not that equation worked. This investment is supposed to replace that element of the financial model..... and essentially that allows the owner to walk away sooner and with less debt. Of course that only works for the club if the investors/new owners can find/provide similar sponsorship, the incomes do increase proportionally, the costs don't escalate and we are not then hamstrung by the debt..... and of course if we're not relegated.

We hold a decent amount of external debt as it is mate, debt not accounted for equity or shareholders loans - £147 million with different lenders, owing, touching about 10% in interest. Part of that but not all has been used on the stadium.

 

[mahermi1]

I marched with the Blue Union against Kenwright and was greeted with animosity from some of the arl fella's in the fanbase at the time.

Now those same arl fella's a decade later are calling me a sell out for backing Moshiri.

I did as well and take what you said on board, we the fanbase won't get rid of the owner, he has to sell and find someone to sell to. I have a little sympathy for Moshiri, he put his money in, backed countless managers and has / is funding a new ground for us. On the minus side he has interfered with manager choices/ player choices and relies on a useless super agent.
But the main criticism in my view is he kept hold of Kenwright and his sub standard acolytes, that was his biggest error. He let a hugely incompetent man become Chaiman, now we need a total reset, new people bringing in who can run our club professionally.

 

[Jeff Jones]

Not being very well versed on this subject, does anyone know roughly when we would find out the verdict / result. I know a few people have have speculated but I cant seem to find an approximate answer. Thanks

May 2024 is the way I read it. At least it means we can dodge relegation playing football, and not by the application of 'Rules'

For the time being, at least.

 

[Jeff Jones]

Yes they're being applied. All clubs had to submit accounts by 01 March including projections

The only clubs alleged to have BREACHED the P&S rules to date are Man City and Everton

You're treating "application" as "enforcement"

You only need enforcement when rules are allegedly broken

You can't call clubs that haven't breached rules "offenders"

I'm anticipating other clubs being found to have breached the rules.

 

[Damo_1878]

I'm anticipating other clubs being found to have breached the rules.

What evidence did you have of that?

 

[Joey66]

I've not once backed Kenwright.

I support DBB as she's been used by BK as a human shield and fans like you are guilable enough to fall for it !

I thought she was in a headlock still - An article in today's Times claiming she has disappeared silence is deafening from her over this premiership investigation..

 

[HalfTimeSayers]

So we were “allowed” to make a bid of £45m for Gallagher in Jan which was accepted but the player refused??

Now, we are really really bad at the finance thing, but not a chance in hell we do that unless we were positive we weren’t about to get referred for the previous season. Which given the PL sat there last year and told all clubs we had no case to answer seems fair enough.

The whole thing is a joke. We are going to end up accepting some vague punishment with no precedent, just so the PL can save face. They have mismanaged us almost as badly as we have mismanaged ourselves.

 

[andy4efc]

Can someone tell me, not sure if the correct thread but figured may be worth asking.

If someone was to invest, ie. MSP or 777 and buy a stake in the club. How does that money investment get accounted for? I assume, although no idea if correct, that it doesn't go down as revenue for the club? I gather the investment by those parties would most likely secure Stadium funding and therefore be irrelevant to any FFP anyway.

Just curious and want a better understanding.