The clubs will enforce it. The 4 or 5 money clubs will be left to play with each other. UEFA do **** all. The clubs deal with it.
Oh dear, it would appear that LFC has failed the FFP standards for the first monitoring period. As the accounts for 12/13 show a loss of £50m to add to the £40m from the previous years accounts, which is way over the 45m Euro limit set by UEFA for the first 2 year monitoring period & should therefore result in sanctions.... http://www.theguardian.com/football...-financial-fair-play-50m-annual-loss-accounts All the effort for nothing then lads???
I agree with this but they could make an example of someone as I suggested above: No one would care about Man City being missing, sponsors and all.
In terms of FFP it wouldn't matter a jot, as the 2 years monitoring period has already passed & they've racked up £90m in losses during that period, which breaks the UEFA limit of 45m Euros.
Club managing director Ian Ayre said: "These results demonstrate that the financial health of the club continues to make good progress as we continue our journey to transform the club on and off the pitch. "Over the past four or five years, revenue has been consistently increasing from around £170m in 2009 to over £200m today, and external debt has decreased significantly to less than £50m. "With a hugely supportive ownership group, we have taken a measured approach to bring back financial stability to this great club by ensuring it is properly structured on and off the pitch." Sounds like we're heading in the right direction to me
hahaha, you're surely not that stupid? You've just announced a £50m loss, Ayre is spinning like crazy to try and avoid that simple reality, probably because he's paid over £1m a year to run the business...
Obviously 50mil loss is not ideal, but that doesn't mean we're not heading in the right direction. FFP is a load of bollocks at this moment in time, so I have no concerns there. Revenue is up and debt is down. I'm happy with that - nice of you to be concerned though Les http://www1.skysports.com/football/...n-revenue-to-206m-in-latest-financial-results
hahah, so you are that stupid Those accounts show that once amortisation was taken in to account you were over spending to the tune of £50m, which was on top of the £41m you blew (in 10 months) from the previous set of accounts. These latest figures exclude player trading from this summer, which is listed as being a further £53m, which almost guarantees you another loss next year.
A year ago Everton's debt was 46m tobes, what is it now? http://www.theguardian.com/football/2013/apr/18/premier-league-finances-club-by-club
Tobes if you think you're going drag into a bitching argument like you had daily with astro and Dave then think again Personally, I'm more than happy with things at the club considering where we were not so long ago. There are many more clubs that have made a bigger loss than us. You're just hoping FFP will kick in and **** us over, when we all know it isn't going to happen any time soon.
What you mean is that you're going to swallow the spin, as you're happy with what's going on, on the grass. Fair enough, but trust me, losing £50m isn't in any way, shape or form 'good'. FFP is here & it remains to be seen how UEFA police it, you're just hoping that they don't & btw the majority of the European elite are currently the right side of FFP, so I doubt they'll be overly supportive if UEFA don't take it seriously......
You reckon we'll fail the fair play rules based on the figure you quoted, well so would Everton so I don't get why you're having a pop at us. Well I do because your a bluenose.
Thats a moot point tho PMK as Everton are not, and are unlikely to be, in the Champions League next season
You're talking out yer arse mate. Debt and annual losses are 2 completely different things. You've LOST £90m in 2 years of trading, we've only lost £7.5m & are nowhere near the UEFA limit of 45M Euros.