Nice to see UEFA looking after the big clubs even more now - Going to end up with Super League in all but name....
https://threadreaderapp.com/thread/1541305051976695808.html
https://threadreaderapp.com/thread/1541305051976695808.html
New UEFA Financial Rules
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What's the one thing that has the biggest potential impact on a club? Debt. What's the one and only thing UEFA decide just doesn't really matter? Debt.
What's the one thing that has the biggest potential impact on a club? Debt. What's the one and only thing UEFA decide just doesn't really matter? Debt.
I'm beginning to think newcastle villa Everton Leicester and wolves should seperate and start up a new league.
One where they can spend what the **** they like....
Take it too them.. Go up against them and crate a better product to ultimately destroy them completely.
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This is the reason why it is absolutely critical for the club to increase commercial revenue streams.
It’s also the reason why the PL want to monitor and control our revenue streams to ensure they are commercial transactions for bona fide amounts.
So I’m other words the commerciality of the details will be scrutinised. Not an issue for us. We could double our annual over all income in commercial deals because quite simply the standards have been set by the dirty six.
Remember them deals are still needed by the big six to sustain their own business models.
It’s also the reason why the PL want to monitor and control our revenue streams to ensure they are commercial transactions for bona fide amounts.
So I’m other words the commerciality of the details will be scrutinised. Not an issue for us. We could double our annual over all income in commercial deals because quite simply the standards have been set by the dirty six.
Remember them deals are still needed by the big six to sustain their own business models.
Pop concerts? Have you not learned your lesson after catching Covid in the wind?
Pop concerts? Have you not learned your lesson after catching Covid in the wind?
I’m still standing though.
I’ll not apologise for going. To me sorry seems to be the hardest word.
The pitch gets enough fertilizer in the summer months without the need for that ****e
Any FFP rules are going to be a disadvantage to clubs with owners who want to invest in a club but these at least allow for that a little more than the previous set. As a club with a potential for a large commercial income stream we should be okay. Its smaller clubs, like Leicester or Fulham that will suffer from this.
They seem to have adopted an audit approach to debt - its only of interest to them if its short-term debt (payables etc) rather than long term debt (loans from owners). It would be good if they had outlawed loans from owners, as these have the potential to bankrupt a club, if they were ever called in, but allowed gifts or equity investments (share issues etc) from them.
I am happy for any rule changes that ensure financial stability of clubs and would even be happy with ones that ensure more equal competition, if they could design some that achieve this, rather than ones that ensure the continuing success of the well-established clubs.
As these are UEFA rules presumably they would only apply when we are involved in European Competition so 2023/24 for us. However it will be interesting to see if the PL change its rules to match these.
They seem to have adopted an audit approach to debt - its only of interest to them if its short-term debt (payables etc) rather than long term debt (loans from owners). It would be good if they had outlawed loans from owners, as these have the potential to bankrupt a club, if they were ever called in, but allowed gifts or equity investments (share issues etc) from them.
I am happy for any rule changes that ensure financial stability of clubs and would even be happy with ones that ensure more equal competition, if they could design some that achieve this, rather than ones that ensure the continuing success of the well-established clubs.
As these are UEFA rules presumably they would only apply when we are involved in European Competition so 2023/24 for us. However it will be interesting to see if the PL change its rules to match these.
- May 22, 2011
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Transfer and salary cap.
All clubs can spend 150m per season on transfers and can only spend 5m on wages. (Just made up figures).
Means if owner wants to they can spend the max but as it’s not done on % of turnover etc, no one club has any kind of advantage.
Only downside is you run risk of owners spending money they can’t afford which could lead to more Leeds or even worse, bury, derby type scenarios.
I would be happy to see a system like that. As you say getting the right balance though would be extremely difficult. Numbers have to be big enough to ensure that the PL doesn't become the poor relation of the European leagues and small enough that the smaller teams could afford them. You could maybe skew the TV money so that the smaller clubs get a larger share so that they can afford it. Or maybe put all TV money (including Champions League, Europa League etc money earned by English teams in a big pot for sharing).
Any surplus money that the bigger clubs make can be reinvested in the club facilities, shared with lower leagues and taken by the owners in equal proportions.
If you then removed all in-house homegrown English players from the totals you might be able to persuade teams to develop their own players rather than buying in and would also reduce the ridiculous prices for transfers of English players between English teams. So if Newcastle develop a youth player they can pay him what they want and it doesn't count to their salary cap. If he is then transferred to another English team he has to be included in their salary cap.
Presumably your transfer total would be net, so if they can sell players for 50m and buy for 200m. A better way of doing it might be to have a player value cap, with player values depreciated over contract length.
So if you have 30 players all on 4 year contracts and with a combined value of 500million in Year 1, this decreases to 375million in Year 2, so you can add 125m each year. If you sell any of these then their remaining value knocks off the combined value so increasing your available transfer spend.
- May 22, 2011
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Think anything to do with tv money is going to be massively hard to change and would probably push the top 6 towards a super league.
Whether like it or not, they bring in the audiences (especially abroad) that contribute to the huge tv deals. They already don’t like sharing that out so saying they get less of the money for a product that they are a massive part of would not go down well.
I think it’s only matter of time before they eventually sell their own tv rights tbh. I think buying a package for the prem and only being able to see your own club a limited number of times (less for smaller clubs) is a massively outdated way of working.