Isn’t this why we’re trying to be smart about how we do it ?
FFP
- Thread starter sheepman
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The new sustainably rules will limit spending to 70% of club revenue
Was listening to one of their fans on talk sport after the game and Agbonlahor asked him what they hoped to achieve and his reply was, "well we are talking about it aren't we?". Well yeah because you rang in you nutter. You could have still done that without stopping the game and risking a fine and points deduction
Here's a fairly easy to understand explanation of the new ffp rules that are being eased in
For solvency, the new no overdue payables (towards football clubs, employees, social/tax authorities, and UEFA) rule will ensure better protection of creditors. Controls will be performed every quarter and there will be less tolerance towards late payers.
The new football earnings requirements are an evolution of the existing break-even requirements and will bring greater ability to club finances. To ease the implementation for clubs, the calculation of football earnings is similar to the calculation of the break-even result. While the acceptable deviation has increased from €30m over three years to €60m over three years, requirements to ensure the fair value of transactions, to improve the clubs’ balance sheet, and to reduce debts have been significantly strengthened.
The biggest innovation in the new regulations will be the introduction of a squad cost rule to bring better cost control in relation to player wages and transfer costs. The regulation limits spending on wages, transfers, and agent fees to 70 per cent of club revenue. Assessments will be performed on a timely basis and breaches will result in pre-defined financial penalties and sporting measures
For solvency, the new no overdue payables (towards football clubs, employees, social/tax authorities, and UEFA) rule will ensure better protection of creditors. Controls will be performed every quarter and there will be less tolerance towards late payers.
The new football earnings requirements are an evolution of the existing break-even requirements and will bring greater ability to club finances. To ease the implementation for clubs, the calculation of football earnings is similar to the calculation of the break-even result. While the acceptable deviation has increased from €30m over three years to €60m over three years, requirements to ensure the fair value of transactions, to improve the clubs’ balance sheet, and to reduce debts have been significantly strengthened.
The biggest innovation in the new regulations will be the introduction of a squad cost rule to bring better cost control in relation to player wages and transfer costs. The regulation limits spending on wages, transfers, and agent fees to 70 per cent of club revenue. Assessments will be performed on a timely basis and breaches will result in pre-defined financial penalties and sporting measures
I said this in a thread not long ago. There's no point being in the Premier league unless your state owned or historically rich.
Brentford spent when they came up and they’re only 3 points above Luton. They’ll be back in the championship before long
Possibly, then again they might go on a run to mid table.
Yes both have had financial support from their owners but not at the same level as state sponsored teams.
They both owe their owners serious money and gambled to get promoted.
Add in Brighton have the data model every club in the world wants and Brentfords owners used to be mates with Brightons owner, so knows a bit about their model.
Agreed but neither club is state sponsored or historically rich which was the point of my post.
Even Burnley have spent over £100m this season and look at them. Recruitment really needs to be bang on and investing heavily in our scouting network to have a big as net as possible would be a smart thing to do.
Point taken, but over what period of time? Part of those funds also related to the stadium and not the team.
It's not like throwing £200M a season at new signings.
He may as well have done. Even their own fans said they where / are horrendously ran and completely dependant on Bloom.
Its got a lot better since Chelsea paid over the top.for their players and coaches but before then it was a gamble from a professional poker player
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Have a look at how their wages used to compare to turnover. Was a pure gamble to get them up
He definitely gambled, that's his nature, however my point is that whilst a lot of money is owed to the owner it was spent over a longer period of time. I mean Man Utd are almost £1Billion in debt. Everything is relative.
My initial point was that clubs can have some success in the Premier league without being state owned but I'd agree its definitely not easy.
I'm not so sure mate, relative success in rhe premier league still involves large amounts of debt and gambling on the future.
Not sure I want that tbh
S
Sour Patch
Guest
Brightons current 'model' I think only really came into place when Dan Ashworth was appointed Technical Director in 2018, David Weir is now the Technical Director and they are arguably even better at what they do under him.
I don't want a mountain of debt either but it's a personal choice for the owner.
Life is always easier if you have the proverbial silver spoon or a mountain of cash.
If you gamble and win Life's great.
If you gamble and lose, not so much.
For us to get to Brighton's position in the Premier league is going to take money and luck. It is definitely not going to be easy but there is a chance, that's what keeps supporters interested.
As I said earlier ITHICS.
