PL charge City for alleged breaches of financial rules

[berryblue]

Lol!!! There will be players striking over this. Players and their agents will be already on high alert!
And so they should

Jenny Haynes will be turning in his grave.
(For the under 50s) First £100 a week player. Before that players were paid £20 maximum.

 

[BerkshireBlue]

if our current wages are 450 inc all bonus, player amortisation about 135 and agents say 20m

I think if a ratio of 5 = approx 520m spend on players so not great
5.5 about 575 so not much short of current spend and ratio of 6 is business as usual. I am against the proposal overall as it limits owner investment, im sure the sheikh would rather determine when he does or doesn’t invest all profits into the club rather than it be decided by this means. But we might not have much of a choice if it’s what 16 clubs want to do.

My real point was about the academy to get our above figures down a bit, and we have the best academy facility in world football.

we paid £60m to agents last year but probably at least £70m in bonuses. basic wages are probably around £360m. So we'll be struggling if it's less than 5 which I expect it will be

 

[The Light Was Yellow Sir]

Jenny Haynes will be turning in his grave.
(For the under 50s) First £100 a week player.

Jenny? Well ahead of her time…..

 

[Holcombe bloo]

we paid £60m to agents last year but probably at least £70m in bonuses. basic wages are probably around £360m. So we'll be struggling if it's less than 5 which I expect it will be

Less than 5 wont be good agreed. The key ally is here is the rags, they need to spend a few quid!

 

[BlueRockape]

All this shit just to put the red tops where the PL think they should be is really pissing me off

 

[JGL07]

Who the fuck are 'pool'

Blackpool?

Pwllheli FC?

Welshpool FC?

 

[Ducado]

we paid £60m to agents last year but probably at least £70m in bonuses. basic wages are probably around £360m. So we'll be struggling if it's less than 5 which I expect it will be

Under 5 threatens the PL as a salable product I very much doubt it will be, I expect it to be a token amount that won't have any real impact seems like a lot of window dressing

 

[halfcenturyup]

What I can guarantee is that none of this will have been thrashed out during the meeting, they'll have just voted on the dream and not thought about the details or consequences. I'd want it all written down including the sanctions and punishments if the rule is broken before ever voting for it but that's just me

Correct. That's why we should wait to see what happens in June. Who knows what it will finally look like?

 

[halfcenturyup]

we paid £60m to agents last year but probably at least £70m in bonuses. basic wages are probably around £360m. So we'll be struggling if it's less than 5 which I expect it will be

Agents' fees are capitalised as part of the contract cost and amortised, aren't they?

 

[horlock_was_super]

Blackpool?

Pwllheli FC?

Welshpool FC?

Monkey hangers?