Financial Fair Play investigation

[matty1878]

Forest have mysteriously withdrawn their complaint. No one knows why.

Leeds are writing a strongly worded letter to the FA as we speak

can we wait aye lads

 

[arch stanton]

Sam's writing it too lol

what colour crayon is he using?

 

[peteblue]

what colour crayon is he using?

Gravy…..

 

[DanEFC92]

 

[mahermi1]

That seems odd because I know with certain issues the liability lies with the club and not the owner. I am not doubting your info but I recall that when Derby were going through their travails a change of ownership would not have stopped the FFP process. The League even after administration were still determined to enforce their rules in full.

Think they were indicating they would push for the maximum if Derby didn't settle on the 9 pts, 3 suspended despite being in administration.

Derby is a little different because they were in administration and there are different, more stringent rules in the Championship.

 

[Tony’s Carp]

Don’t they have a 40m plus obligation to buy Cunha too? I reckon there’ll be a few teams following us down the FFP trouble path in the next few years, and those teams will be looking at their own books and probably not pushing too hard for us to get serious sanctions.

 

[brieverton]

I read that Man City have objected to the selection of an independent KC who in turn would appoint the Chairperson of the commission to review their case on the grounds that he is an Arsenal ST holder.

This against the backdrop of Kieran Maguire finding us guilty of one charge on a national sports radio station, and saying likely punishment is a points deduction.

The possibilities to contest the setup of the commission, let alone its eventual findings, seem to be almost endless. That will be in our favour.

 

[kenada_blue]

Not surprised. They were in financial difficulty under Lage, then panic spent in January to stay in the league.

Gamble that paid off. But knock on effect will be felt especially that Cunha deal which I think was £40mill after a certain number of games.

 

[blulouie]

I see Pep has said he wants the FFP issue to be sorted out as soon as possible ( this gonna be fun it's only took 2 yrs up to now ).

I would get the clubs legal team to kick ours down the road til we see the outcome of City's.

 

[Dougie]

I see Pep has said he wants the FFP issue to be sorted out as soon as possible ( this gonna be fun it's only took 2 yrs up to now ).

I would get the clubs legal team to kick ours down the road til we see the outcome of City's.

There are pros and cons to it being dragged out. But the longer it drags out it gives us more time to get better on and off the field. So if worse case happens and we get points deduction or transfer ban, we are better prepared for it.

 

[blulouie]

There are pros and cons to it being dragged out. But the longer it drags out it gives us more time to get better on and off the field. So if worse case happens and we get points deduction or transfer ban, we are better prepared for it.

Does anyone think the Prem will punish City severely when UEFA couldn't lay a glove on them?

What is their likely punishment ( if found guilty of over 100 offences ) points deduction , ban , fine ?
Will they take all the trophies off them ( cos they'd have to over that length of time if proven guilty ).
The Premier lge being tarnished irreparably and law suits by the dozen.

It's really very much in our interest to keep pushing this back til that is settled.

 

[bluenorthwarrior]

Don’t they have a 40m plus obligation to buy Cunha too? I reckon there’ll be a few teams following us down the FFP trouble path in the next few years, and those teams will be looking at their own books and probably not pushing too hard for us to get serious sanctions.

I mentioned previously that I think every club outside of the 6 or 7 with huge revenues will now have cycles of performance on a 3/4 year basis.

105m loss over 3 years is 35m a year, I.e. one player purchase per year above what you are able to achieve in sales (wages and operating costs are close to 100% of other revenue for many clubs). That does not allow any club to do anything more than be lower midtable nowadays. Clubs need to gamble for a year or two and then massively tighten belts for a year or two to stay 'legal'. We are just the first to get to breaking point, many will follow next year and the year after.

Even the much-lauded Brighton model needs incredible luck to keep working year on year. Any mistakes and it falls apart.

 

[Tony’s Carp]

I mentioned previously that I think every club outside of the 6 or 7 with huge revenues will now have cycles of performance on a 3/4 year basis.

105m loss over 3 years is 35m a year, I.e. one player purchase per year above what you are able to achieve in sales (wages and operating costs are close to 100% of other revenue for many clubs). That does not allow any club to do anything more than be lower midtable nowadays. Clubs need to gamble for a year or two and then massively tighten belts for a year or two to stay 'legal'. We are just the first to get to breaking point, many will follow next year and the year after.

Even the much-lauded Brighton model needs incredible luck to keep working year on year. Any mistakes and it falls apart.

Yeah, exactly, and I wonder how long the 105 limit will stay in place, although obviously having already fallen foul of it ourselves hopefully it stays in place for other clubs who are likely to hit it in the future.

Everyone talks about the cost of relegation but there comes a point where given inflation in transfer fees and wages, and the spending race between the lower half clubs, the cost of not getting relegated comes close to being the same.

Clubs are spending fortunes just to keep pace: Southampton spent about 50mil in January and it’s done nothing for them, Wolves gambled taking on a 40m obligation that had they gone down would’ve immediately swallowed their parachute payment. The amount you need to spend just to move a bit further up the table is crazy and probably unsustainable. If we can somehow retain Pl status with net zero spending until the stadium completes it’ll be an achievement.

 

[Yarrgh]

I see Pep has said he wants the FFP issue to be sorted out as soon as possible ( this gonna be fun it's only took 2 yrs up to now ).

I would get the clubs legal team to kick ours down the road til we see the outcome of City's.

I want it to be done as quickly as possible too! But if doing it right means that it takes a few seasons then so be it. It's not my fault that these things take time...

The only way I'd want to compromise on a completely thorough investigation that is above board is if we and the league agreed to a sensible approach to ensuring our finances are in order with no punishment seeing that there were unusual circumstances and we worked hand in hand with the PL.

 

[ForeverBlue92]

I mentioned previously that I think every club outside of the 6 or 7 with huge revenues will now have cycles of performance on a 3/4 year basis.

105m loss over 3 years is 35m a year, I.e. one player purchase per year above what you are able to achieve in sales (wages and operating costs are close to 100% of other revenue for many clubs). That does not allow any club to do anything more than be lower midtable nowadays. Clubs need to gamble for a year or two and then massively tighten belts for a year or two to stay 'legal'. We are just the first to get to breaking point, many will follow next year and the year after.

Even the much-lauded Brighton model needs incredible luck to keep working year on year. Any mistakes and it falls apart.

Which is what FFP has always been designed to do - keep the scabs in power.

Only way to break it is with a Gulf State buyout ie Newcastle.

Shambles.