PL charge City for alleged breaches of financial rules

feedmpenzaandhewillscore said:
It’s been a perfect storm for this all this shit to hit the fan, clubs coming back from losses during covid. Inflation tracking up across the world with borrowing money more expensive, then transfer fees going up and up. The three year £105 million in losses doesn’t reflect this and needs to be moved upwards. It’s getting to the point where a 3rd of the league are looking over their shoulders as ffp and the teams coming up potentially will already have sanctions waiting for them. We will have a situation where the likes of Luton can’t plan for next year as they don’t know what league they will be in pending what happens at Everton and Forest. Football existed for over 100 odd years before financial fair play alright, god knows why they decided to kill their product by bringing in these stupid rules back in the last decade.
Click to expand...
You know why they brought them in.
 
117 M34 said:
Not sure this is possible to do without knowing the contract length of players, salaries and which players were sold to make up the net spend given that transfer fees are not all equal for ffp purposes.
Click to expand...
We know roughly what players earn the contract lengths and which players are sold people have done good estimates in the past
 
terraloon said:
Debt free or soft loans are not a million miles apart save when the owners want out.
There seems to be quite a few clubs that have owner loans and are charged interest even though the interest doesn’t get paid it just increase debts to creditors.
FFP as we all know is seriously flawed and like any “ target” it drIves behaviours but with it in place it had to be adjusted to factor in inflation. Energy costs alone have hurt us all and when, like Leicester, they use 17 million KwH of energy pa then the significant cost increase of basics should and could easily have been acknowledged
Click to expand...

Except that football revenues have been increasing much faster then personal incomes. There really is no excuse to lose more than the permitted level other than the club thinking they would get a fine, not a points deduction. Big mistake, hence the panic now.

No fan of FFP but to say the limits need increasing for the cost of living is just crazy, no? If you support FFP, you have to work to meet it.

Also, soft loans should have an imputed market rate interest for FFP purposes, imo. Put equity in or expect to have punishnent for the increased risk to the club.
 
Sly Sports News saying the PL could punish Leicester for failing PL PSR last season, even though they are currently playing in the Championship.

It is Sly Sports News. Bear that in mind.



PS. The replies are hilarious. When are Manchester City going to get punished. Why haven’t Manchester City been punished. 115. Cheats. Are the ‘FA’ scared of City. Blah, blah, blah.
 
Last edited:
bluenova said:
That does not surprise me at all.

Despite a lack of success, they do generate lots of money, and their new stadium has pushed up their income even more. They were not far off Liverpool in their last accounts.

The difference is that they have always been very careful spenders, so it would not shock me if their wages + player amortisation is much lower than any other club that size.
Click to expand...
That’s why they haven’t won a trophy in decades.
 
jrb said:
PS. The replies are hilarious. When are Manchester City going to get punished. Why haven’t Manchester City been punished. 115. Cheats. Are the ‘FA’ scared of City. Blah, blah, blah.
Click to expand...
They must have seen our bus in the video and got confused!
 
WRicko said:
We know roughly what players earn the contract lengths and which players are sold people have done good estimates in the past
Click to expand...
We might know that for transfers that have already happened but we don't for transfers that will happen in summer
 
terraloon said:
Debt free or soft loans are not a million miles apart save when the owners want out.
There seems to be quite a few clubs that have owner loans and are charged interest even though the interest doesn’t get paid it just increase debts to creditors.
FFP as we all know is seriously flawed and like any “ target” it drIves behaviours but with it in place it had to be adjusted to factor in inflation. Energy costs alone have hurt us all and when, like Leicester, they use 17 million KwH of energy pa then the significant cost increase of basics should and could easily have been acknowledged
Click to expand...
Thanks for reply.
I wonder about the long term effect on United where the interest is simply paid and lost together with the fee to change Glazers pocket money into dollars. No forward buying of dollars just apparently wasteful conversions. Could these have an effect on even United as well as energy ones you describe?
 
halfcenturyup said:
Except that football revenues have been increasing much faster then personal incomes. There really is no excuse to lose more than the permitted level other than the club thinking they would get a fine, not a points deduction. Big mistake, hence the panic now.

No fan of FFP but to say the limits need increasing for the cost of living is just crazy, no? If you support FFP, you have to work to meet it.

Also, soft loans should have an imputed market rate interest for FFP purposes, imo. Put equity in or expect to have punishment for the increased risk to the club.
Click to expand...

Based on that comment I can only conclude that you agree with the FFP concept
 
jrb said:
Sly Sports News saying the PL could punish Leicester for failing PL PSR last season, even though they are currently playing in the Championship.

It is Sly Sports News. Bear that in mind.



PS. The replies are hilarious. When are Manchester City going to get punished. Why haven’t Manchester City been punished. 115. Cheats. Are the ‘FA’ scared of City. Blah, blah, blah.
Click to expand...

These pieces attract idiots and morons like moths to a flame. Guaranteed they mention the “FA“ or City’s “Saudi owners”. Some real thick fuckers out there,
 
meltonblue said:
Exactly and Scudamore was no different. It’s always been down to the clubs. The difference potentially now is owners that actually want to invest may soon be the majority.
Click to expand...
This will hopefully be the case soon. Everton have found to their cost that the Cartel Clubs have little by way of loyalty toward anyone else, & will happily throw their fellow founding member under the team bus in the ultimate pursuit of stopping City.

Newcastle & Villa have also hit a glass ceiling, & the also rans in the league are slowly waking up to the fact if their Premier League places go tits up, that they'll be constrained in trying to invest to return & stay there.

It's incumbent on City to keep hammering this point home until we reach a tipping point of enough PL members saying enough is enough. We want change.

If it's true that the Red Top Mafia & Spuds wanted extra PL voting rights/shares to cement their power, they won't give up without a fight.

However, if they do choose to fight this, I believe all it'll serve to do is accelerate the planned implementation of IREF (The Independent Regulator for English Football).
 
Last edited:
How can Neville keep making snide remarks that our turnover isn't real? In effect accusing Man City of cooking the books!? It's was on the overlap the fans one! That's 2/3 times now he has accused or mentioned that when talking about clubs revenues he classes his teams as the one that's making the most!
 
bluenova said:
That does not surprise me at all.

Despite a lack of success, they do generate lots of money, and their new stadium has pushed up their income even more. They were not far off Liverpool in their last accounts.

The difference is that they have always been very careful spenders, so it would not shock me if their wages + player amortisation is much lower than any other club that size.
Click to expand...
Cilla Black likes this.
 
terraloon said:
Based on that comment I can only conclude that you agree with the FFP concept
Click to expand...

I don't have a problem with rules designed to uphold sporting integrity. Surely, no-one does? The rules we have don't do that, of course, and that is the problem.

But that wasn't my point. My point is that the clubs signed up for these stupid rules, so they should be willing to meet them. We are told the rules have been good for financial discipline, so why relax them? And why should clubs that voted for this shitshow and then gambled on a financial penalty have any say on what happens when the stupid rules actually start to bite them? They can whistle as far as I am concerned.

And people try to tell me the PL is coming out of all this looking good. It's a shitshow.
 
waspish said:
How can Neville keep making snide remarks that our turnover isn't real? In effect accusing Man City of cooking the books!? It's was on the overlap the fans one! That's 2/3 times now he has accused or mentioned that when talking about clubs revenues he classes his teams as the one that's making the most!
Click to expand...

Because he is a moron?
 
Stoned Rose said:
Imagine if Spurs had 643m to spend.
Click to expand...
A couple of years ago I did an in-depth analysis of the top 6's finances and how much 'free' cash each club could potentially spend on transfers, and Spurs surprisingly topped the list. They generate a lot of cash but Danny Boy chose not to spend it.

Until recently, their model was to only spend on new players what they got in for outgoing transfers.
 
La Liga and Bundesliga must be loving this, it will mean they can Hoover up talent if it keeps going as no one over here will be spending, here’s an idea stop paying people £400k a fucking week and we might get somewhere, implement a wage cap across Europe at least then we might get see these ridiculous amounts of money change hands and get a grip of the agents as well, any fee they charge comes from the player not the clubs.
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top