Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
- Messages
- 13,894
Yeah - FFPv1 was designed to hit the new rich but was starting to hit the establishment clubs who had hit hard times.I’ve just read Swiss Ramble’s twitter summary.
Im far from an expert but understood two thirds of it so it’s worth a read.
The bottom line for me is if you are already rich you will mostly be fine but if you aren’t you'll struggle more.
From our point of view I think we are OK and some of the changes actually benefit us.It could have been a lot worse.
UEFA cannot come up with a rule now that hits us but not the history clubs. It’s pretty much too late to stop us but not others.
It makes more sense than FFP which isn’t saying much I know.
This is a bit more reasonable although still totally ignores debt. I doubt they will every go after debt as it has implications for the value of clubs. The type of deal the rags have suffered is wide placed in the world of business. If you own a business you dont want to agree to rules that limit potential buyers. Its a bit like owning a house and agreeing along with your neighbours you wont ever sell to someone who needs a mortgage. Its only going to reduce the value of houses in the street. So they will never materially limit the ability to load clubs with debt.