Interesting take on FFP

  • Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
  • Log in now to remove adverts - no adverts at all to registered members!
Very bitter...but about right from what I read.
We got away lightly. The fine was never 40 million, it is just what they want the general public to believe. It was much much less.

In my opinion...our lawyers and Hoos saved us from extinction...admitedly of our own ( the boards) making....no wonder Wolves, Forest, Middlesbrough, Villa and Wednesday are all trying it.

Sent from my STF-L09 using Tapatalk
 
rangercol said:
FFP is still an unfair pile of ****e!
Click to expand...

I tend to agree with you, but also feel that some means of achieving a more competitive landscape should remain, rather than have berks like Fernandes spaffing millions into a club, ****ing it up royally and (presumably at some stage) sodding off leaving the ruins of a club to the next self-made barrow boy with an ego.

I’ve said elsewhere that rather than necessarily restricting wages or reported losses, I’d rather the following sort of things were considered:

1) Owners can only pump money into clubs in the form of pure equity, rather than debt capital, so this prevents them securing assets for themselves and makes it tougher for them to get the cash out again other that through dividends (which requires the club having distributable earning to do so) or share buy-backs (also governed by adequate rules already).

2) make it mandatory that an elected representative from a club’s supporters club has a seat on the board to aid transparency.

3) limit the number of registered players at all levels through the club, from juniors up to senior playing squad.

4) prevent clubs from loaning players to other teams in the same division.

These sorts of things would prevent rich clubs from hoovering up all the talent and owners from spunking unfairly derisked capital into the club.
 
Last edited:
  • Like
Reactions: Ranger4ever, Chair Nob'll Fallout, BlindFaith and 9 others
Uber_Hoop said:
I tend to agree with you, but also feel that some means of achieving a more competitive landscape should remain, rather than have berks like Fernandes spaffing millions into a club, ****ing it up royally and (presumably at some stage) sodding off leaving the ruins of a club to the next self-made barrow boy with an ego.

I’ve said elsewhere that rather than necessarily restricting wages or reported losses, I’d rather the following sort of things were considered:

1) Owners can only pump money into clubs in the form of pure equity, rather than debt capital, so this prevents them securing assets for themselves and makes it tougher for them to get the cash out again other that through dividends (which requires the club having distributable earning to do so) or share buy-backs (also governed by adequate rules already).

2) make it mandatory that an elected representative from a club’s supporters club has a seat on the board to aid transparency.

3) limit the number of registered players at all levels through the club, from juniors up to senior playing squad.

4) prevent clubs from loaning players to other teams in the same division.

These sorts of things would prevent rich clubs from hoovering up all the talent and owners from spunking unfairly derisked capital into the club.
Click to expand...

All sensible, but the current situation would then remain, in that those clubs whose actions created the need for FFP in the first place (your Chelsea, Man City, Real, PSG, etc.) that dumped a whole load of cash into a single club, will continue to benefit from that action, whilst the rules (both current and your model) perpetuate their elite status whilst preventing other teams from catching up.

Whet we need is a way to level the currently uneven landscape, so that we can hopefully get back to the point where anyone can beat anyone, and anyone could win the league by hard work, skill, and a little luck. When you're relying on that 'luck' coming in the form of a Russian oligarch, the game will continue to be rotten from the top down.
 
  • Like
Reactions: kiwiqpr, bobmid, WalsallHoop and 2 others
I am quite impressed with the presenatation.

It is factually accurate and very simply presentated.

However, there is a clear dash of Derby "sour grapes".
 
The big dream didn’t match up to the big reality imo ... warned the forum about this on day one and the journey we would go on.

The rules are fine and the club has been made to look stupid ... all based on a very silly business man imo.

To hide away the real debt into shares also deserves massive focus

Honestly it is seriously like watching the film

The Producers

They were all on LSD imo

You must log in or register to see media
 
West London Willy said:
All sensible, but the current situation would then remain, in that those clubs whose actions created the need for FFP in the first place (your Chelsea, Man City, Real, PSG, etc.) that dumped a whole load of cash into a single club, will continue to benefit from that action, whilst the rules (both current and your model) perpetuate their elite status whilst preventing other teams from catching up.

Whet we need is a way to level the currently uneven landscape, so that we can hopefully get back to the point where anyone can beat anyone, and anyone could win the league by hard work, skill, and a little luck. When you're relying on that 'luck' coming in the form of a Russian oligarch, the game will continue to be rotten from the top down.
Click to expand...

I have no issue with clubs having rich owners and spunking risk capital into clubs to buy the best players and pay the top wages. What I’d like to see is them being limited to how many they can have at any one time, plus not being able to loan out players to rivals.

In time I would expect to see players - at least those that don’t just want to collect their pay by keeping the bench warm - think twice about joining the bigger clubs if they can’t get loaned out to play at the same level in this country. The clubs may also look at shorter contracts for players too.
 
QPR, Portsmouth, Birmingham, all financial basket-cases. The common thread in all these? One Harold Redkrapp. Brum about to reap his profligate legacy, it would be funny if it wasn't so painful for all those involved...
 
So are Birmingham's crimes worse than ours? If they broke FFP rules and ignored a transfer embargo I guess so. Old dodgy knees should be liable for some of this ****.
 
Sooperhoop said:
QPR, Portsmouth, Birmingham, all financial basket-cases. The common thread in all these? One Harold Redkrapp. Brum about to reap his profligate legacy, it would be funny if it wasn't so painful for all those involved...
Click to expand...

The tragedy is that we could have told Brum's owners that would happen. Sad.
 
You must log in or register to reply here.
Top Bottom
Back