Interesting article: http://www.theguardian.com/football...lay-championship-clubs-threat-football-league
Yes - I've read it - can't say I'm entirely surprised - certainly expect the Prem clubs to challenge it in due course as it would shackle the 'biggest' clubs - its' intentions are valid but it is, as currently drafted, an inhibitor to growth to clubs with ambitious owners (restraint of trade in fact) - fortunately we have put our own house in order in that our owners have eradicated our debt to them (and therefore interest expense) and we have also slashed the wage bill whilst at the same time vastly improving the team ...
Biggest problem with FFP from a Championship perspective is that relegated prem teams with parachute payments have an incredible financial advantage over resident Champiuonship clubs constrained by FFP ... OK they need to take advantage pretty quickly, but the disparity does not make for a level playing field ...
FFP means very little to us if we go up and as FF said even if we did get relegated because of parachute money FFP won't have a major impact
Surely this isn't right, as it would go against the debt free stories from January ... Is this journalistic assumptions that because we are top, we must have massive debts?
I don't know why we'd be against it considering the owners have just turned our debt into equity and have told us we're in line to meet FFP demands. Lazy "Leicester spent a lot once" journalism I think.
Legal process takes forever - hence it wouldn't be a surprise to me to find that we did get involved in this as 'Plan A' when FFP was first introduced - i.e as a reaction to our owners having bankrolled Sven and the club only to then have the rug pulled out from under them and staring into a black hole of being punished for their investnment ... in the interim we also implemented 'Plan B' ... debt:equity swap and also off-loading high roller contracts ... we are now in a win / win situation ...
Why would you be wasting money on unnecessary legal challenges, if you're already in a fine position?
You asked pretty much exactly the same question Doesn't wash with me that you'd have hired this Brabners bunch a long time ago. All that's been sent to "Shaun Harvey" is a strongly worded 6 page letter- that doesn't take years to compile. If you had no need to oppose FFP, then you'd pull out from all the legal stuff now, because it's expensive. Think you're burying your heads in the sand really.
I didn't ask a question? Burying our heads in the sand? Do you mean the club or us as fans? and from what exactly? Why does it have to have a negative effect on Leicester specifically for us to be against it? I don't know why you're so worried about it when your club is supposedly doing the same. Trust me mate, you're in the ****. If you don't go up, it's curtains. What is it you're trying to achieve here? Are you trying to tell us that we're going to fail FFP? - We're not, this has been outlined to fans in meetings with the board
I witnessed a pile-up on the M4 in early November 2012 ... it still hasn't gone to court ... but will do ... (barristers now looking at it) hence it washes for me easily in terms of time wise... our owner has pots of dosh (as does yours) so the legal route is relative small change in terms of the ultimate objective of getting to the Premier League ... not asking you to buy it ... but certainly is 'plausible; for me ....
I would be surprised if we was making major moves against FFP now. Prem beckons so why get too involved in Football League problems
Can you not see that it scans like an open question? You don’t know WHY you'd be against it… but the fact is you are. Wasn't the idea that your fellow foxes would then chip in and explain it to you, as is so often the protocol on football forums? Or was it just an isolated musing on life, Mr. Wittgenstien? The fans are burying their heads in the sand, you've swallowed the club's spiel hook, line & sinker. Clearly there's more going on financially than meets the eye or Leicester wouldn't have spearheaded this appeal. You're saying your club is an altruistic Ghandi-type figure in the football world, splashing cash out on behalf of the rest of us? Don't worry about QPR's financial situation, we could turn the King Power into our new training ground if we wanted to (not that we'd send our sapphire warriors anywhere near you frightful roughians). Fair play FF- a sensible response!
Grifter our owners are worth 1.6B. I dont think they will be financially bullied by anyone. Definitely not a tinpot club desperately trying to punch above its weight
Have you read the article? It is not just one club appealing. Will be an easy 3 pt when you don't turn up at the KP for your game in a month.
FFP only serves to keep the biggest clubs, who agave established massive revenue streams, at the top. Rarely will we see a Fulham rising from the ashes of division 3 or A Wigan.
