If we do get fined, why doesn't Hughes get fined too, after all he wanted the overpaid players like Bosingwa etc. Seems he can create absolute havoc and just walk away scot free. I know Beard did the financial negotiations but Hughes wanted them.
Its bollocks, relegated clubs are exempt for the first season. The only way we will get a ffp fine is if we qualify for Europe! Rest easy, its just terrible journalism.
And even if we do get fined, it won't be for the financial figures released most recently (which are from our last year in the PL). Suspect the wage bill came down a lot with players like Park, Taarabt, Remy, Granero et al all away.
I'm very relaxed about this now, odds on it won't happen, but if they try to impose a fine while we are in the Prem the PL supremos have already said they won't cooperate i.e they won't dock our TV money directly. So then the FL have to negotiate with us on both the size of the fine and payment terms (lets spread the £33.78 out over, say, 250 years) and Tone will wipe the floor with them in that scenario, because he's a proper businessman who negotiates for a living. The whole thing is lunacy - imposing huge fines on clubs that are already in massive debt simply ensures that they can't get out of the red, and will therefore be fined again until they go under. If the FL thinks its business is driving clubs into administration/closure thats works a treat.
Can someone answer me why PSG can sign Luiz for £50million and still stay within FFP regulations ? I thought their gates and revenue would be far below that and surely they must be taking a massive loss each year ? I really don't get it. Anyone understand ?
They've already faced sanctions, a fine and reduced squad for the cl. As for us. Any club relegated from the Premier League will be exempt from the rules for one year - it will then have to comply fully or face a transfer embargo. It is probably this rule that will worry Premier League clubs the most as it makes it more risky for a club to spend heavily in an attempt to 'bounce-back' immediately. There are a number of exclusions in the new rules, but Premier League clubs will have noticed that the cost of servicing existing debt is not amongst them. Some clubs, such as Aston Villa and Bolton, routinely pay around £5m a season to pay interest on their debt; the new rules will make life in the Championship particularly uncomfortable if the can't escape in the first year after relegation
