1. Log in now to remove adverts - no adverts at all to registered members!

FFP Explained

Discussion in 'Queens Park Rangers' started by qprbeth, Feb 29, 2020.

  1. Sooperhoop

    Sooperhoop Well-Known Member

    Joined:
    Jan 26, 2011
    Messages:
    34,818
    Likes Received:
    26,934
    I doubt we'd get any sympathy if we were going bust, there are supposed to be loans via the bailout but the amounts won't cover too much of the losses. We're fortunate to have a vastly reduced wage bill but I can't see any team beating their FFP limits this season so basically it will be unlikely any team will be penalised.

    Whether the EFL would waive the payment for this and last season is possible but their determination to nail us on this suggests that won't be happening...
     
    #21
  2. Rangers Til I Die

    Rangers Til I Die Well-Known Member

    Joined:
    Mar 27, 2011
    Messages:
    11,253
    Likes Received:
    5,588
    #22
  3. Stroller

    Stroller Well-Known Member

    Joined:
    Jun 28, 2013
    Messages:
    22,385
    Likes Received:
    21,785
    Disgraceful.
     
    #23
  4. Ninj

    Ninj Well-Known Member

    Joined:
    Mar 29, 2011
    Messages:
    4,457
    Likes Received:
    3,136
    I think it is disgusting. However they have lost a couple of players so far in Marriot and Waghorn and hopefully a few more will leave. I think that Wycombe chairman will consider a legal challenge but I would have thought the EFL would have explored all areas...
     
    #24
  5. Steelmonkey

    Steelmonkey Well-Known Member

    Joined:
    Apr 11, 2011
    Messages:
    22,897
    Likes Received:
    43,821
    Fookin ****ers
     
    #25
    TootingExcess likes this.
  6. jeffranger

    jeffranger Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    8,608
    Likes Received:
    6,789
    Can’t believe that outcome, hope Wycombe appeal that
     
    #26
  7. qprbeth

    qprbeth Wicked Witch of West12
    Forum Moderator

    Joined:
    Jun 13, 2011
    Messages:
    14,427
    Likes Received:
    12,653
    Yes and no.


    They still have to re,-present their last 3 years accounts...and this time do them correctly...

    They are already late on last year's... and will be trouble over that.

    They sold pride park about 3 years ago ..and so the profit from the sale will be running out of the FFP calculation soon..and so they will be in **** all over again.

    I also saw that the EFL have voted to close the selling your ground at a profit loop hole starting from yesterday
     
    #27
  8. Rangers Til I Die

    Rangers Til I Die Well-Known Member

    Joined:
    Mar 27, 2011
    Messages:
    11,253
    Likes Received:
    5,588
    Thanks Beth. Maybe we'll be revisiting this story in a year or two.
     
    #28
  9. SW Ranger

    SW Ranger Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    7,104
    Likes Received:
    7,663
    It’s all bull$hit. Nothing happens from this lot (EFL). It’s all talk and bluster which then fades away as everyone forgets it.
    Farcical.
     
    #29
    Rangers Til I Die and rangercol like this.
  10. Ninj

    Ninj Well-Known Member

    Joined:
    Mar 29, 2011
    Messages:
    4,457
    Likes Received:
    3,136
    Grealish to Citeh for £100 mill, possibly to be followed by Kane (estimated between £120 and £150 mill)
    Does FFP still exist?
    Whilst Citeh could potentially off set the costs against players leaving, this does leave a strange taste in the mouth.
    If you add into this the potential salaries for these two, I doubt whether you would get much change from a weekly salary (combined for each) of £500mill. Sterling is supposed to be on £300k per week as is De Bryne.
    Maybe my maths isnt as good as it should be, maybe I should have enrolled on the Nick Leeson school of accounting but it would appear to me that PPF is dead in the water.....and only applies to the EFL?
     
    #30
    SW Ranger likes this.

  11. SW Ranger

    SW Ranger Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    7,104
    Likes Received:
    7,663
    Couldn’t agree more. We’re all, as fans, played for mugs. I’m not against the concept of managing costs - F1 is trying, American football and hockey has rules to help manage costs. It’s not a bad thing at all, and would hopefully save clubs. But at least make it a fair playing field. The gulf between EPL top six or so is bad enough, without then letting them flout any form of FFP.
     
    #31
  12. Ninj

    Ninj Well-Known Member

    Joined:
    Mar 29, 2011
    Messages:
    4,457
    Likes Received:
    3,136
    sorry to drag this up again: If Barcelona cannot afford Messi, and the outgoings on salary are 110 % of their income, then surely they are bankrupt and shpuld not be attempting to go in for this now defunked super league
    Even PSG must struggle to meet FFP rules.
     
    #32
  13. peter1954qpr

    peter1954qpr Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    3,848
    Likes Received:
    2,406
    #33
    rangercol likes this.
  14. qprbeth

    qprbeth Wicked Witch of West12
    Forum Moderator

    Joined:
    Jun 13, 2011
    Messages:
    14,427
    Likes Received:
    12,653
    Puts them only just below Forest...tasty
     
    #34
    rangercol likes this.
  15. SW Ranger

    SW Ranger Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    7,104
    Likes Received:
    7,663
    … I thought flouting FFP was a multi-million pound fine that cripples your club for five years. It really works well.
     
    #35
    Hoop-Leif and rangercol like this.
  16. qprbeth

    qprbeth Wicked Witch of West12
    Forum Moderator

    Joined:
    Jun 13, 2011
    Messages:
    14,427
    Likes Received:
    12,653
    I think this is a points deduction for not preparing their accounts correctly. (Inappropriate use of amelioration of their players value). I think they got away with the FFP charge over their stadium sale
    I think, and also they had a 3 point deduction (suspended) on their card due to not paying their players last December.
    Also they are under a heavy transfer embargo.
     
    #36
  17. jeffranger

    jeffranger Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    8,608
    Likes Received:
    6,789
    Should’ve been done last season & Gareth’s Wycombe would’ve stayed up! Wonder what he’s thinking or saying about it
     
    #37
  18. CroydonCaptainJack

    CroydonCaptainJack Well-Known Member

    Joined:
    Jan 25, 2011
    Messages:
    3,621
    Likes Received:
    2,189
    Scandalous but on the plus side gives us a relegation battle to watch with interest.
     
    #38
    rangercol and jeffranger like this.
  19. bunmahon_ranger

    bunmahon_ranger Well-Known Member

    Joined:
    Aug 12, 2011
    Messages:
    964
    Likes Received:
    866
    Derby appear to be a slightly better team this year and are likely to get out of it I'd say, lucky it was left a while. Still I'd love it...
     
    #39
  20. rangercol

    rangercol Well-Known Member

    Joined:
    Mar 22, 2011
    Messages:
    35,811
    Likes Received:
    19,375
    Mmm.....quite a challenge having to go to minus 2 points having played a few already.
    I reckon they may be doomed.
     
    #40

Share This Page