City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

Re: City & FFP (continued)

Allblues has a point. You could buy Villa, spend a billion over 3 or 4 seasons, be banned from Europe and sanctioned by the Prem. But still get very very competitive, top-4 standard and then cut back on the spending and get the ban and sanctions lifted and hey presto you're in.

But admittedly, it's a much less appealing investment proposition having to do it that way.
 
Re: City & FFP (continued)

Just thinking about the goings on at Southampton, there we have an owner who has no interest in football but has inherited the club and is now selling off all assets. Can anyone tell me if the owner can pocket all the cash from sales, or does it have to go onto the club's Balance Sheet instead? If it is the former, then having asset stripped the club, the owner may attempt to sell it off as dirt cheap, leaving any new owner the problem of going on a massive spending spree which will break the EPL FFP plan many times over. It could make Southampton unsellable and, who knows, send them into terminal decline.
 
Re: City & FFP (continued)

I'm no cynic said:
Just thinking about the goings on at Southampton, there we have an owner who has no interest in football but has inherited the club and is now selling off all assets. Can anyone tell me if the owner can pocket all the cash from sales, or does it have to go onto the club's Balance Sheet instead? If it is the former, then having asset stripped the club, the owner may attempt to sell it off as dirt cheap, leaving any new owner the problem of going on a massive spending spree which will break the EPL FFP plan many times over. It could make Southampton unsellable and, who knows, send them into terminal decline.

And FFP does absolutely nothing to stop this. It wouldn't have stopped the decline of Leeds or Portsmouth either because debt is OK!
 
Re: City & FFP (continued)

waspish said:
It's her club she can do what ever she wants
Indeed it is , just as City is the sheik's club , but platini and his gang are trying to stop him from doing what ever he wants.
If FFP is about protecting clubs and their fans from financial folly/ melt down , then we must expect something to be said or done by Uefa about the situation developing at Southampton.
I have a feeling we may be waiting for some time.
 
Re: City & FFP (continued)

The penny dropping at the Mirror?

http://www.mirror.co.uk/sport/football/news/southampton-board-cannot-blamed-exodus-3926519

Rules designed to ensure that the big clubs continue to monopolise top spots are the reason why so many Saints have gone marching out, writes Dave Kidd
We all feel like Southampton fans these days. Any of us who chose to follow a football club from outside of England’s top six or seven, will be feeling their pain. Even Portsmouth supporters will be empathising. Laughing, but still empathising. Many of us have experienced something similar, the rest all realise that the only ‘dream’ their club can now pursue is that of finishing eighth in the Premier League and then seeing their best players leave. As Dejan Lovren and Calum Chambers follow Luke Shaw, Adam Lallana, Rickie Lambert and manager Maurico Pochettino out of the St Mary’s exit door, with Morgan Schneiderlin and Jay Rodriguez likely to follow, there has been much anger aimed at owner Katharina Liebherr and chairman Ralph Krueger. And like most Premier League directors, they’re not exactly big on communicating with those they expect to buy their season tickets and replica kits.

Liebherr is an accidental owner, who inherited the Saints when her billionaire father Markus died, and Krueger used to be an ice hockey coach, so they were probably not best qualified to police the shark-infested Solent, once Manchester United, Arsenal, Tottenham and especially Liverpool started scenting blood. The new manager Ronald Koeman insists, ‘We’re not a selling club’ because it’s mandatory for everybody in football to say that. Nobody has ever said, ‘Yep, we’re a selling club’ – even when they’re selling all of their best players. But Southampton certainly haven’t staged a fire sale. They were not actively seeking to off-load players. Chambers' departure to Arsenal brings their summer earnings to a staggering £92million, much of which will be reinvested. But Koeman must conjure a miracle if the Saints are to match last season’s eighth-place, 56-point finish.

Yet despite their naivety, what were Liebherr and Krueger actually supposed to do? Even if former chairman Nicola Cortese had stayed? Even if they possessed the ambition to have a tilt at the top four? The days of one-club loyalists like Matt Le Tissier are long gone.
To have stood any chance of keeping Shaw, Lallana, Lovren and Chambers, they would have had to offer six-figure weekly wages to each, as well spending vast sums on new recruits to prove their ‘ambition’. And even then the lure of instant Champions League football elsewhere would still probably be too much. Who can honestly blame individual players? It’s difficult to take Jose Mourinho seriously when he brings up UEFA’s Financial Fair Play – given how much Chelsea spent during his first Stamford Bridge reign. But when he says that shelling out £27m for Shaw and paying him more than £5m a year in wages would have ‘killed’ Chelsea in terms of FFP, he is not entirely wrong. If Southampton had started bandying around huge transfer fees and contracts to Shaw & co and then qualified for Europe, they would have faced punitive UEFA sanctions. FFP is designed to keep the elite in place and the likes of Southampton out.
Even though the Saints are a well-supported club who boast a model academy which produced the world’s most expensive player in Gareth Bale, they are not welcome. The Champions League was formed because UEFA feared a breakaway European Super League, and FFP was designed to make damned sure the door is double-locked to any potential new Roman Abramovich or Sheikh Mansour. The rest of us are supposed to be scared of a European Super League too. Even though it is the obvious endgame, whether a decade or two down the line.

Yet why should we be fearful?
If Liverpool, the Manchester clubs, Chelsea and Arsenal all disappeared into some wondrous Gazprom-sponsored world, they’d still pick off promising players from the likes of Southampton, but at least the remaining English football league would be competitive again.
Southampton could dream of being champions of England and so could Fulham, Middlesbrough, Bolton, Blackburn, Charlton and Birmingham, who have all reached the rarefied heights of the Premier League’s top 10 in recent years only to fall foul of gravity.
As the Sky Sports adverts start roaring to herald another new season for the richest League on Earth, and everyone pretends to ignore England’s embarrassing World Cup campaign like some fart in an elevator, we’re all expected to be full of excited anticipation.

Yet not at Southampton. And not at many clubs either.

I would say it's always happened that promising players have been lured away by the promises of european football, which has kept the lesser clubs in their place, to a certain extent. However, what's happening at Southampton is extreme.
 
Re: City & FFP (continued)

I'm no cynic said:
Just thinking about the goings on at Southampton, there we have an owner who has no interest in football but has inherited the club and is now selling off all assets. Can anyone tell me if the owner can pocket all the cash from sales, or does it have to go onto the club's Balance Sheet instead? If it is the former, then having asset stripped the club, the owner may attempt to sell it off as dirt cheap, leaving any new owner the problem of going on a massive spending spree which will break the EPL FFP plan many times over. It could make Southampton unsellable and, who knows, send them into terminal decline.

There is no evidence that Southampton are selling to strip the club of assets. The top 4 teams (metaphorically speaking) have simply raped and pillaged their best players. The power of FFP in action. I'm sure that Southampton fans are really grateful to UEFA for bringing in the new 'fair' regulations.
 
Re: City & FFP (continued)

unexpected item said:
The penny dropping at the Mirror?

http://www.mirror.co.uk/sport/football/news/southampton-board-cannot-blamed-exodus-3926519

Rules designed to ensure that the big clubs continue to monopolise top spots are the reason why so many Saints have gone marching out, writes Dave Kidd
We all feel like Southampton fans these days. Any of us who chose to follow a football club from outside of England’s top six or seven, will be feeling their pain. Even Portsmouth supporters will be empathising. Laughing, but still empathising. Many of us have experienced something similar, the rest all realise that the only ‘dream’ their club can now pursue is that of finishing eighth in the Premier League and then seeing their best players leave. As Dejan Lovren and Calum Chambers follow Luke Shaw, Adam Lallana, Rickie Lambert and manager Maurico Pochettino out of the St Mary’s exit door, with Morgan Schneiderlin and Jay Rodriguez likely to follow, there has been much anger aimed at owner Katharina Liebherr and chairman Ralph Krueger. And like most Premier League directors, they’re not exactly big on communicating with those they expect to buy their season tickets and replica kits.

Liebherr is an accidental owner, who inherited the Saints when her billionaire father Markus died, and Krueger used to be an ice hockey coach, so they were probably not best qualified to police the shark-infested Solent, once Manchester United, Arsenal, Tottenham and especially Liverpool started scenting blood. The new manager Ronald Koeman insists, ‘We’re not a selling club’ because it’s mandatory for everybody in football to say that. Nobody has ever said, ‘Yep, we’re a selling club’ – even when they’re selling all of their best players. But Southampton certainly haven’t staged a fire sale. They were not actively seeking to off-load players. Chambers' departure to Arsenal brings their summer earnings to a staggering £92million, much of which will be reinvested. But Koeman must conjure a miracle if the Saints are to match last season’s eighth-place, 56-point finish.

Yet despite their naivety, what were Liebherr and Krueger actually supposed to do? Even if former chairman Nicola Cortese had stayed? Even if they possessed the ambition to have a tilt at the top four? The days of one-club loyalists like Matt Le Tissier are long gone.
To have stood any chance of keeping Shaw, Lallana, Lovren and Chambers, they would have had to offer six-figure weekly wages to each, as well spending vast sums on new recruits to prove their ‘ambition’. And even then the lure of instant Champions League football elsewhere would still probably be too much. Who can honestly blame individual players? It’s difficult to take Jose Mourinho seriously when he brings up UEFA’s Financial Fair Play – given how much Chelsea spent during his first Stamford Bridge reign. But when he says that shelling out £27m for Shaw and paying him more than £5m a year in wages would have ‘killed’ Chelsea in terms of FFP, he is not entirely wrong. If Southampton had started bandying around huge transfer fees and contracts to Shaw & co and then qualified for Europe, they would have faced punitive UEFA sanctions. FFP is designed to keep the elite in place and the likes of Southampton out.
Even though the Saints are a well-supported club who boast a model academy which produced the world’s most expensive player in Gareth Bale, they are not welcome. The Champions League was formed because UEFA feared a breakaway European Super League, and FFP was designed to make damned sure the door is double-locked to any potential new Roman Abramovich or Sheikh Mansour. The rest of us are supposed to be scared of a European Super League too. Even though it is the obvious endgame, whether a decade or two down the line.

Yet why should we be fearful?
If Liverpool, the Manchester clubs, Chelsea and Arsenal all disappeared into some wondrous Gazprom-sponsored world, they’d still pick off promising players from the likes of Southampton, but at least the remaining English football league would be competitive again.
Southampton could dream of being champions of England and so could Fulham, Middlesbrough, Bolton, Blackburn, Charlton and Birmingham, who have all reached the rarefied heights of the Premier League’s top 10 in recent years only to fall foul of gravity.
As the Sky Sports adverts start roaring to herald another new season for the richest League on Earth, and everyone pretends to ignore England’s embarrassing World Cup campaign like some fart in an elevator, we’re all expected to be full of excited anticipation.

Yet not at Southampton. And not at many clubs either.

I would say it's always happened that promising players have been lured away by the promises of european football, which has kept the lesser clubs in their place, to a certain extent. However, what's happening at Southampton is extreme.
Extreme now, but if ffpr and hg quotas remain in place I'd expect it to become the norm.
 
Re: City & FFP (continued)

I have a lingering , optimistic hope that now that we can see what FFP actually means in action , it will be seen for what it is by the courts and thrown out for being completely unfair.
It's no longer numbers on a wad of papers , it is now a tangible and visible assault on fairness and competitiveness - just as I think our owners and directors knew it would turn out to be, only I think it's happening quicker than anyone imagined.
 
Re: City & FFP (continued)

Nottingham Forest set to rename stadium for £500m in mega sponsorship deal

Nottingham Forest set to rename stadium for £500m in mega sponsorship deal

By Nick ⋅ July 28, 2014 ⋅ Post a comment

Filed Under Kuwait, Nottingham Forest

Nottingham Forest are set to receive one of the biggest sponsorship deals in football history this week, according to journalists from Kuwait.

Chairman & owner Fawaz Al-Hasawi has been in Kuwait having talks with the Kuwait government, with Nottingham Forest’s new shirt sponsor and stadium sponsor set to be the Kuwaiti government.

The renaming of the stadium to “The KCG Stadium” short for “The Kuwait City Ground Stadium”, is set to bag Forest hundreds of millions in a sponsorship deal larger than Real Madrid’s, Barcelona’s and many other clubs.

It will be the largest stadium sponsorship deal of all time.

Comparing it to other deals, Fly Emirates paid Arsenal £150m for a five year deal for naming rights of their stadium and in the same division, Derby County had a 10-year deal of around £7m. Forest’s meanwhile bags in a huge £500m over 10 years with backing from the Kuwait government.

A huge half a billion (£500m) sponsorship deal spread over 10 years is set to be announced in the next ten days

<a class="postlink" href="http://footballleagueworld.co.uk/nottingham-forest-set-to-rename-stadium-for-500m-in-mega-sponsorship-deal/#" onclick="window.open(this.href);return false;">http://footballleagueworld.co.uk/nottin ... hip-deal/#</a>
 

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