1. Log in now to remove adverts - no adverts at all to registered members!

FFP

Discussion in 'Sunderland' started by sheepman, Jan 15, 2024.

  1. Pure River Slut

    Pure River Slut Well-Known Member

    Joined:
    Oct 1, 2019
    Messages:
    6,890
    Likes Received:
    12,598
    Isn’t this why we’re trying to be smart about how we do it ?
     
    #21
  2. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    The new sustainably rules will limit spending to 70% of club revenue
     
    #22
  3. Confucius

    Confucius Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    2,644
    Likes Received:
    7,560
    Was listening to one of their fans on talk sport after the game and Agbonlahor asked him what they hoped to achieve and his reply was, "well we are talking about it aren't we?". Well yeah because you rang in you nutter. You could have still done that without stopping the game and risking a fine and points deduction
     
    #23
    Young Ted and Smug in Boots like this.
  4. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    Here's a fairly easy to understand explanation of the new ffp rules that are being eased in

    For solvency, the new no overdue payables (towards football clubs, employees, social/tax authorities, and UEFA) rule will ensure better protection of creditors. Controls will be performed every quarter and there will be less tolerance towards late payers.

    The new football earnings requirements are an evolution of the existing break-even requirements and will bring greater ability to club finances. To ease the implementation for clubs, the calculation of football earnings is similar to the calculation of the break-even result. While the acceptable deviation has increased from €30m over three years to €60m over three years, requirements to ensure the fair value of transactions, to improve the clubs’ balance sheet, and to reduce debts have been significantly strengthened.

    The biggest innovation in the new regulations will be the introduction of a squad cost rule to bring better cost control in relation to player wages and transfer costs. The regulation limits spending on wages, transfers, and agent fees to 70 per cent of club revenue. Assessments will be performed on a timely basis and breaches will result in pre-defined financial penalties and sporting measures
     
    #24
    sheepman, Smug in Boots and rooch 3 like this.
  5. John Wick

    John Wick Well-Known Member

    Joined:
    Sep 2, 2020
    Messages:
    7,531
    Likes Received:
    16,616
    I said this in a thread not long ago. There's no point being in the Premier league unless your state owned or historically rich.
     
    #25
    Young Ted, Scout73, butcher58 and 3 others like this.
  6. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,995
    Likes Received:
    5,461
    So how to Brighton and Brentford fit in?
    There always hope
    ITHICS
     
    #26
  7. WorkyTicketFTM

    WorkyTicketFTM Well-Known Member

    Joined:
    Jun 1, 2022
    Messages:
    6,517
    Likes Received:
    10,124
    Brentford spent when they came up and they’re only 3 points above Luton. They’ll be back in the championship before long
     
    #27
  8. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,995
    Likes Received:
    5,461
    Possibly, then again they might go on a run to mid table.
    Yes both have had financial support from their owners but not at the same level as state sponsored teams.
     
    #28
  9. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    They both owe their owners serious money and gambled to get promoted.

    Add in Brighton have the data model every club in the world wants and Brentfords owners used to be mates with Brightons owner, so knows a bit about their model.
     
    #29
  10. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,995
    Likes Received:
    5,461
    Agreed but neither club is state sponsored or historically rich which was the point of my post.
     
    #30
    John Wick likes this.

  11. WorkyTicketFTM

    WorkyTicketFTM Well-Known Member

    Joined:
    Jun 1, 2022
    Messages:
    6,517
    Likes Received:
    10,124
    Even Burnley have spent over £100m this season and look at them. Recruitment really needs to be bang on and investing heavily in our scouting network to have a big as net as possible would be a smart thing to do.
     
    #31
    Robertson likes this.
  12. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    Brighton may as well be as they owe Bloom over £400 million
     
    #32
  13. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,995
    Likes Received:
    5,461
    Point taken, but over what period of time? Part of those funds also related to the stadium and not the team.
    It's not like throwing £200M a season at new signings.
     
    #33
  14. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    He may as well have done. Even their own fans said they where / are horrendously ran and completely dependant on Bloom.

    Its got a lot better since Chelsea paid over the top.for their players and coaches but before then it was a gamble from a professional poker player
     
    #34
    Last edited: Jan 15, 2024
  15. WorkyTicketFTM

    WorkyTicketFTM Well-Known Member

    Joined:
    Jun 1, 2022
    Messages:
    6,517
    Likes Received:
    10,124
    They just used to loan about 10 players a season in the championship I’m sure
     
    #35
  16. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    Have a look at how their wages used to compare to turnover. Was a pure gamble to get them up
     
    #36
    WorkyTicketFTM likes this.
  17. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,995
    Likes Received:
    5,461
    He definitely gambled, that's his nature, however my point is that whilst a lot of money is owed to the owner it was spent over a longer period of time. I mean Man Utd are almost £1Billion in debt. Everything is relative.
    My initial point was that clubs can have some success in the Premier league without being state owned but I'd agree its definitely not easy.
     
    #37
    Chunksafc and Smug in Boots like this.
  18. Chunksafc

    Chunksafc Well-Known Member

    Joined:
    Jun 19, 2023
    Messages:
    5,820
    Likes Received:
    15,415
    I'm not so sure mate, relative success in rhe premier league still involves large amounts of debt and gambling on the future.

    Not sure I want that tbh
     
    #38
    Robertson likes this.
  19. Sour Patch

    Sour Patch Guest

    Brightons current 'model' I think only really came into place when Dan Ashworth was appointed Technical Director in 2018, David Weir is now the Technical Director and they are arguably even better at what they do under him.
     
    #39
    Robertson and Smug in Boots like this.
  20. OldNewtown

    OldNewtown Well-Known Member

    Joined:
    Sep 25, 2019
    Messages:
    1,995
    Likes Received:
    5,461
    I don't want a mountain of debt either but it's a personal choice for the owner.
    Life is always easier if you have the proverbial silver spoon or a mountain of cash.
    If you gamble and win Life's great.
    If you gamble and lose, not so much.
    For us to get to Brighton's position in the Premier league is going to take money and luck. It is definitely not going to be easy but there is a chance, that's what keeps supporters interested.
    As I said earlier ITHICS. :emoticon-0140-rofl:
     
    #40
    Chunksafc likes this.

Share This Page