The blue allows a side to be bold for one year and make it up. If you spend 100mil for whatever reason or fave an unexpected loss in a season then in theory you can make it up. However the intent is not the reality. The clubs are trying to run right up to the limit in many cases. We are fine, nothing to see here yet you.look under the bonnet and one club is -5 and another -100
Yr 1 = zero spend / sold a player for £100m Yr 2 = zero spend / no income You've now built up a budget (£104m + the £100m so... Yr 3 = £204m spent You're within the £104m over three years still because of that player sale. But then that first year drops off... Yr 4 = zero spend You no longer have that player sale (£100m) but still have to meet the £104m over three years but you spent £204m in year three. So the club is now in the **** and needs to raise £100m from somewhere. This is what I mean by conveyor belt, it can potentially put clubs at risk. Of course, that's up to the club's to run their finances professionally but isn't that part of the reason FFP was brought in? Clubs kept overspending and risking their futures?
I've just read something (admittedly on Facebook) about PL clubs voting in favour of a spending cap being introduced. It was on the Sky Sports page but I can't see anything on the Sky Sports website. Any ideas?
It doesn't work thst wsy par se. A CluB spendS 500million all at once and say its amortised so that's 100 mil per year amortisation bill. If thry can't afford that 500mil and borrow it then there's interest to pay etc. The 100mil sale impacts 1 year and one year only. So year 1 I somehow find 500mil cash to throw about and have a -100 mil bill. I sell 1 for 100mil so year 1 -0 Year 2 = -100 Years 3 = -100 So unless their revenues covers the amortisation they have to sell each year to offset it. Nothing the chavs have done makes any sense. Now pretending to sell a hotel to their own group to try just get by shows how they simply don't get it and want to just scrape by these rules and get ahead. If a club generates 500mil in revenue and spends 350mil on the squad in wages and fees then all is well according to uefa.
I realise clubs have cottoned on to staging the first over so many years, just gave a simple example of what I meant. Spreading the costs just make it more complicated but same outcome really
https://www.theguardian.com/footbal...ote-in-favour-of-exploring-spending-cap-plans A vote to “explore measures” to put cap in place. Aston Villa, city and Utd not in favour. Chelsea abstain
If a rule is not enforced, it shouldn't exist. When you have unenforced rules you get corruption and cheating and the appearance of favouritism. Rules should be enforced and punishments should be consistent and well laid out and explained. You do X and Y happens. Premier League F'd up because when X happens sometimes Y happens, sometimes Z happens, and sometimes 0 happens. If they are unable to enforce a rule, the rule should not exist. They are incapable of enforcing FFP so therefore it places a disadvantage on those who try to abide by it and an advantage to those that don't. They're also incapable of enforcing a salary cap either because that will encourage under the table , and "creative" payment options. It's going to be the next frontier of advantage to those that cheat. I wish FFP worked. I wish a salary cap would work. In theory I think they're good ideas. In reality they're not. Ideally, the PL would enforce it's fit and proper owner rules too so we don't end up with sugar daddy clubs.
Exactly. Thats why they are a waste of time and a diversion to stop them looking at anything that will actually make the clubs lives hard. Imo it sounds good for a regulator or fans on first glance but they won't be actually.looking at ways to align with uefa or really having any teeth. I'm fairly sure the clubs will now find a way to end ffp as it stands as they got a little shock with Everton.
I agree wholeheartedly with your last sentence. With the others - I think they could be enforced but there isn't either the will or the competence to do so. As for people doing things under the table, then that brings me back to my first point about not abandoning rules just because people break them. I imagine sufficiently motivated forensic accountants could find out where the money comes from and whether it goes out legitimately, but that would only happen if laws were being broken, false accounting for example.
Which is why the uk revenue should have gone into city and seized everything to look for tax irregularities
LFC women have just beaten Chelsea at Prenton park.....4-3.....great win for the Reds and a big dent in the Blues title ambitions
Everton are on life support. 777 have scraped up 16mil to send to keep the lights on. They are nearly bankrupt themselves but still trying to aquire to.leverage the debt and asset.
We're getting third. Villa need to win all three remaining and us lose all three remaining. (Or we draw one and Villa score a shed load of goals to close the 20 goal gap). We've essentially got third almost locked down now. Villa still have to play us, Palace and Brighton. Of those three games, they have to be worrying theu might drop points against Brighton or Palace.
Looks like Villa are going out of Europe next week. Can't see them going to Greece and getting anything, needed to win at home and take a lead into the 2nd leg.
Leverkusen 2-0 winners away to Roma. still unbeaten this season. If they win the Europa and the cup (which should do as playing div 1 team) and finish league unbeaten, is it the greatest season in the history of modern football?