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Financial Fair Play

Discussion in 'Hull City' started by andyoffshoretiger, Nov 23, 2011.

  1. andyoffshoretiger

    andyoffshoretiger Active Member

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    I only realised a few weeks ago when the Liverpool board started harping on about it until then I was also in the dark. But until we know the rules in full and what the penalties will be we can only speculate.
     
    #21
  2. ImperialTiger

    ImperialTiger Well-Known Member

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    £50pw + £10m a year in image rights?
     
    #22
  3. andyoffshoretiger

    andyoffshoretiger Active Member

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    It is interesting for those who are bothered it's on sky anytime
     
    #23
  4. Amin Arrears

    Amin Arrears Well-Known Member

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    Image rights should just be included in the contract, it's just another way for the greedy bastards to con even more money. By the wage cap I meant the player can only earn so much from the club, no loopholes.
     
    #24
  5. andyoffshoretiger

    andyoffshoretiger Active Member

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    They do have a salary cap in rugby league. But it's the same for all clubs, although it has just changed and those providing England internationals are given slightly more. There was some controversy when a Wigan players wife was employed in an admin role on double her playing husbands salary. So I think whatever the rules they will get round them.

    Imagine Rooney on £1m per year and his wife club sec on £6m.
     
    #25
  6. suttontiger

    suttontiger Active Member

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    Sadly true about the split of TV monies in Spain. Mumblings of the PL going a similar way when Liverpool want to do their own deals in relation to foreign TV rights. Tip of the iceberg?

    How long before the top six or so in the PL break away and negotiate their own TV deals home and abroad?
     
    #26
  7. bum_chinned_crab

    bum_chinned_crab Well-Known Member

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    Isnt that exactly what Man City's owners have done?

    Anyway, I think the rules centre around not making a loss on day-to-day expenses rather than outlays on players or paying off outstanding debts. This is the reason the likes of Inter with a billionaire owner who has invested more than any other in history sold top earner Eto'o in the summer. In that respect I (assume) we're ok whereas Man City do not generate enough income to cover 10 players on 100k a week.
     
    #27
  8. bum_chinned_crab

    bum_chinned_crab Well-Known Member

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    Has always been the the same in Italy when every single game played for every Serie A club is available on pay per view. There are now moves to make it an even playing field but unsurprisingly the Seven Sisters are against it.
     
    #28
  9. originallambrettaman

    originallambrettaman Mod Moderator
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    It is, but ours did it to save the club and are aiming to get us to break even as soon as possible, they might even recoup their money over time, whereas Man City's owner are just throwing money at the club, with no realistic chance of ever getting their money back, or even covering their losses.
     
    #29
  10. mussiesredhat

    mussiesredhat Active Member

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    hopefully that will coincide with the day that Murdoch transfers his Premier League 'sponsorship' from England to a full-time Euro League. How I would love to see what is left of Wigan, Bolton, Wolves and the like on that day!
     
    #30

  11. mussiesredhat

    mussiesredhat Active Member

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    so in reality, what is their objective? money laundering or something even more disconcerting? i cant believe that they are so silly as just treating it as a rich man's plaything!
     
    #31
  12. andyoffshoretiger

    andyoffshoretiger Active Member

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    You only need to look at the fit and proper person test to realise that the rules are flawed.
     
    #32
  13. bum_chinned_crab

    bum_chinned_crab Well-Known Member

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    Wasnt it the case that they had never refused anyone under this system? Not sure if it still is but it seemed to be pretty much lip-service.
     
    #33
  14. originallambrettaman

    originallambrettaman Mod Moderator
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    A rich man's plaything is exactly what it is, this is just small change to them.
     
    #34
  15. westhulltiger

    westhulltiger Active Member

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    Whenver they sell up though, nobody else will take on their costs, surely?
     
    #35
  16. originallambrettaman

    originallambrettaman Mod Moderator
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    If they do want to sell up, they'll probably have to give it away, as even f they're really successful, their wage bill commitments will probably exceed the value of the club.
     
    #36
  17. The FRENCH TICKLER

    The FRENCH TICKLER Well-Known Member

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    from whats been said, the debt is Paid by the Allams and only £250,000 is left as debt (maybe that has gone now also). whatever the amount This has been a gift to the people of Hull. Mr Allam said.

    i dont agree with regulations on debt. clubs spend what they spend. BUT, MY BIG BUT....any club that goes into administration from willful miss-spending should suffer automatic relegation from that league. Nevermind this mamby pamby 10 pts lark. Automatic relegation would make many owners think twice......i would hope.
     
    #37
  18. The FRENCH TICKLER

    The FRENCH TICKLER Well-Known Member

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    it wont happen as PL rules state that they need 14 club votes for it to happen. its like turkeys voting for christmas.
     
    #38
  19. mussiesredhat

    mussiesredhat Active Member

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    if Murdoch decides, then it may well happen!!!
     
    #39
  20. The FRENCH TICKLER

    The FRENCH TICKLER Well-Known Member

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    according to richard scudamore it will only happen with a 14 club vote. all murdoch can do is threaten to slash the cash on a future deal. then that might change the whole ball game. for now its set in stone to a club vote.
     
    #40

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