"New Aston Villa owner Dr Tony Xia has said the club's next manager will be given up to £50m to spend to get the club back into the Premier League. The Chinese businessman also confirmed former Chelsea and West Brom boss Roberto di Matteo is in contention for the managerial vacancy. Xia bought the club from Randy Lerner this week for £60m, subject to Football League approval. "We will have a budget from £20m to £30m to £40m to £50m," he said." Considering Ashley`s already coughed up £80m I doubt he`ll be wanting to spend much more and Benitez will be looking for funds as a condition of staying. Even after spending all that they didn`t exactly trounce Norwich. Something tells me it aint going to be the walkover a lot of the mags are expecting.
Is that still allowed with the new fair play rules? I thought that they had to only spend what they earn.
I think Newcastle will blow the Championship away, Pops. I don't think they'll need much coin to do it either. They already have players at the club that other teams in the Championship could only dream of having, I also think with Rafa staying, then that will mean they won't be many leavers. I'd imagine he'll have about a 20 million net spend this summer, and with a few of Rafa's additions brought in. I think his superior managerial skills should see them demolish that league. Would love it if I'm wrong though. LOVE IT.
That needs scrapped, mate. It means nothing. Bournemouth made a loss of nearly 40 million the season they were promoted. I think the fine for that was about 5 million. Peanuts considering they probably made about 100 million by getting to the Premiership.
Not sure mate tbh. I think it`s different for newly relegated clubs. iirc they have to stick to the fair play rules until December as if they were still in the Prem. The owner is allowed to inject equity to cover it I think. It`s all too complicated for me.
This takes the shine off things when you know there's teams playing by the rules... Leicester City are fighting against the imposition of a fine of around £10m for breaches of financial fair play (FFP) regulations. The situation is complicated but they are facing action based on reported losses of £20.8m for the 2013-14 season, plus further £11m from a controversial sponsorship deal. It has echoes of FFP sanctions imposed on Paris Saint-Germain by Uefa two years ago. Leicester's accounts show that the King Power sponsorship deals, involving the company of Thai owner Vichai Srivaddhanaprabha, jumped from £5m to £16m in 2013-14. They had been concluded with the owner through an intermediary called Trestellar Ltd. The Football League maintains that this was a case of an owner trying to reduce losses on paoer by injecting more money into the club via sponsorship deals that were above market value. PSG's attempt to do something similar via their owner, Qatar Sports Investment, was ruled in breach of FFP rules by Uefa.
Not so sure about that mate. They didn`t exactly smash Norwich or Villa last time round even after their big spend and their new Messiah.
Leicester seemed to have gave themselves an unfair advantage of getting promoted over the other Championship clubs. They've done this by giving themselves ridiculous sponsorships, which was organised by the chairman who was giving Leicester some of his own companies money This allowed them to spend bigger than they should have been doing.. Edit: Sorry Billy, I hadn't scrolled down and didn't notice you had highlighted that name. He's the Leicester owner.
There`s so much money involved now clubs are bound to try to circumvent the rules. Even if they do get caught the benefits far outweigh the punishments. The idea may have been good but the implementation of it is a shambles.
Villa have, what looks like, another absolute ****ing clown of an owner. They all talk the talk when they turn up at new clubs then before long it turns incredibly sour. If they wade in bringing all their own people in high places, prepare for Villa to plummet further. Money on players won't save that club, it needs a complete rebuild.
Villa can have Rodwell for £20 m for starters !. Look at Man u again, they are in for Pogba, getting in fast cause they finished 5th. Van gaal says the f a cup is bigger than finishing 5th ! not this day and age mate. Maybe Villa can get good players on loan and offer them big money when/if they go up.
Like most legislation written on the hoof, well meaning in thought but badly written in law and implementation.
Yes, you'd need a Philadelphia Lawyer to interpret this Fair Play Law and any good lawyer would be able to circumvent the current agreement quite easily. The 'experts' weren't far out in predicting this years Championship top three (still one to go) but most had Burnley and Middlesbrough as their top 2. Next year should see the Bar Codes and Villa fighting for the top 2 places with Villa's new owner stating that he will be giving the Club 60 million for new players. Now, whether he is allowed to do that is subject to interpretation as, together with parachute payments, this will give them (and Newcastle and Norwich) an overwhelming advantage over the likes of Burton for instance who will have nowhere near that amount to play with. The days of the 'level playing field' are well and truly gone.
