The football league clubs have just voted in favour of bringing in this system. It was proposed a long time ago and was expected to come in next season and now it has been voted in. The system will take 3 years to reach full effect giving clubs time to adjust the finance's according to the rules. Man City's owners used the parent company (Etihad) to bend the rules. Everyone knows they have bended the rules but its a case of the football league finding a legal way of them stopping it so until they find away Top can bend the rules by putting money into the football club through King Power. Clubs who break the rules will receive penalties. More then likely they will be a fine or in extreme cases they will have a transfer embargo placed on them. I cant see them being able to deduct points for it. So now clubs can only spend how much they bring in. So with the owners getting alot through sponsorship (Air Asia, Amazing Thailand, Singha, Walkers, King Power, Mark Electrical etc.) we will still be able to spend quite a decent amount of money
What happens when a refereeing mistake costs a club promotion or causes them to be relegated? How does a club build a new stadium?
Nope, we play in the King Power Stadium and are sponsored by King Power, god knows how it works, but this means our books will look alot different than they would have done. Man City have done it too.
The owners are only allowed to invest so much from their own pocket. But if they put money into the club through King Power then thats fine. Basically King Power could pay the club X amount of millions to sponsor the team bus or the corner flag.
Man City have been warned that if they continue to avoid the fair play rules by having bogus sponsorship deals, they'll be excluded from all European cup competitions.
They can ban us from europe. We have already had the experience of our team in Europe But legally there is no way of the football league stopping clubs doing this.
I'm not entirely happy by bending the rules,m but if you can we will. It's no wonder the likes of Leeds are chuffed with them being able to generate 30m a season with a half empty stadium. I like the idea, but the fact they call it 'fair' is ludicrous. How can it be fair when teams like United, Newcastle, Arsenal, Chelsea and Liverpool with big grounds and fan bases go further and further ahead when the likes of Wigan, Stoke, Swansea, and QPr falling by the wayside? It's a great idea but surely it can't be fair?
Spot on. Although it means well, the biggest problem with FFP is that it will just create a hierarchy of teams and it'll be almost impossible for teams to progress beyond a certain stage. As for us, it'll be interesting to see the accounts when they next come out. Firstly to see how much the spending over the summer will have increased our losses but more importantly, how much turnover has increased due to all the King Power advertising. We should be alright given we've got until 2014-15 until we have to decrease our losses and that we now have a manager who will not spend over the top amounts and owners who will have learnt the value of efficient spending in the transfer market.
I'm sure Leeds will stick to the rules after all they have one of the most law abiding chairmen in football
This season was an anomaly - firing Sven and signing his overpriced tosh has cost us a lot more then what was good for us. With our Asian development and our Man City/Newcastle sponsorship deals (that I predict will all turn into 'proper' sponsorship deals during next season, putting more money in the respective pots) and hopefully and more stable team, we will be in a much better place.
FFP doesn't create a ceiling. The ceiling is already in place. At the current rate, certain clubs will never get promoted from the Championship. Certain clubs will never get into the top six of the Premier League. Certain clubs will never win the PL even when they're in the top six. It's been the financial doping that's caused this, not a lack of it. Think about it. Man United and Liverpool have been racking up huge losses. Chelsea and Man City only do well because of their owners' billions. The future is FFP, and it will help clubs be inventive in the way they generate income. Arsenal, for instance, have been making millions from the Highbury properties. St Pauli in Germany have made millions from selling their club's image around the world. Middlesbrough and Southampton invest in their academies with great success, and secure their own future with young players who they can either keep or sell to generate funds for more players. That's the future, not greed, external investment and more debts. It will bring the game closer to the supporters with the introduction of SLOs, and hopefully will be the first step towards restoring the age where players weren't A-list celebrity ponces who'd kill their own grandma for a big-money move. And Proud Fox, that comment of yours is shameful. Saying you'd be alright with them banning you from Europe because you're already tried it and done **** all? Deary me. You clearly have no real ambition for your football team. Shows you lot up for how short-sighted you generally are. ME, ME, ME. Try thinking about the health of the entire sport for once.
Germany is the example we should be working towards. Football's still going strong over there. Proper fans, proper crowds, proper competitiveness, proper footballers. Still a bit too much TV money over there for my liking, but English football's not croaked it yet. On life support, yes, but we can still awaken from this coma if enough clubs are willing to play fair.
