New PL financial controls | Clubs agree squad spending cap 'in principle'

[Sir peace frog]

Interesting that they chose 85% instead of UEFA's 70% limit. Wonder which PL team would be over 70%?

as an example,united would be better off losing all their remaining games including the cup final so they could spend more next season by not getting into europe , aahhh ,that's what they are doing the sneaky fuckers

 

[Dave Ewing's Back 'eader]

ok, so this new rule only affects us and the rags so I'm expecting it to be voted in.
probably means a budget of £150m maybe less on transfers

Won't be long before £150m is the standard for a bang average player. Does that mean the academies are the answer? What will happen is that we will read about City hoovering up all the young five 'n six year olds to make sure none slip through the home grown net.

 

[KS55]

It should be all about debt and making clubs reduce their debts within 3 to 5 years or face punishments like points deductions, For the first 3 seasons you can not spend more than you what you pay in clearing the amount of debt.
So if you are £100million in debt and your season revenue is still showing losses then you will be put under a financial management team and a spending cap.

You will soon see the big clubs taking care of their club and not selling it down the river, The top clubs in big debt' clearly don't care for the future of their clubs and fans, One day it will catch up with them and their house will fall because the paper walls will crumble

That’s effectively what’s happened to the rags. The old toilet falling apart, so begging the gov to pay for a new stadium, millions spent but still a crap team, forced to sell to big Jim and give him control of football.

 

[hammocity]

I am getting this wrong? So any club that plays, or wants to play CL football can't really go with the 85% limit and have to make it 70% of turnover?

You’re right but it’s phased in Europe, starting at 90% then reducing to 80% and finally 70% in year 3.

 

[bluethrunthru]

Imagine when English clubs perform to the level of Scottish clubs - this is a long slow suicide

 

[waspish]

"Why PSR being scrapped" we all know why don't we!? It's effecting a lot more clubs and Now it's a point deduction no a fine! It's hey Boehley wants arsed spending a billion in a year because he thought it's was only going to be a fine!

Why are they even bringing in the 85% of revenue can be spent on players staff bonuses? If they looking at clubs can only spend 5 times what a bottom of the league get from tv revenue? It's like two rules that are both the same!

 

[give it to gordon]

Just seem that the pl clubs are considering a wage cap.

The pl seems content to slowly ruin the pl !

In the last decade or so the pl clubs have been building new statiums, bringing in top world class players. So called best league in the world. Best managers in the world
Some of the world's riches people are buying pl clubs.

So what does the pl do ? Make up charges against the most successful club this decade.
Stops other clubs from having huge investment on the playing front.
Now wants to limit wages.

Yet the pl seems to support the old dinosaur clubs. Clubs with big debt, poor statiums.
I can't understand why the pl is hell bent on allowing just a few clubs to destroy the pl.
Other clubs need to wake up quickly or the pl won't be the best soon.

Rich want to be owners will go abroad were they can invest in their company. The top players will go abroad where the top money is. The statiums will start to deteriorate.

Once that happens and all clubs have come down to the rags standards and the rags start to win, than the pl will be happy.

 

[Nethermoor]

The only financial restrictions that need to be in place should be ones that stop owners like Reading etc asset stripping clubs and saddling them with huge debts.

If i won the euromillions and wanted to gift 25million to Bradford for example, i should be able to

 

[SebastianBlue]

Imagine when English clubs perform to the level of Scottish clubs - this is a long slow suicide

There are so many potential issues and complications with this model but these are the ones that come to this financial data analyst’s mind right off:

1. Will the 85% restriction be based on gross or net revenue? If the latter, how will the league ensure clubs do not manipulate expenses to artificially inflate revenue?
2. What will be the reporting period — the previous fiscal year, the previous season, a smoothed mean over the previous two or three seasons?
3. How will this be enforced on newly promoted clubs given their previous fiscal year / season revenue will be substantially lower than the period they are in the PL? Will the promotion payments be added to previous fiscal year / season revenue for purposes of calculation?
4. How will the anchoring requirement be adjusted when newly promoted clubs have the lowest broadcast revenue? Or will it be adjusted at all?
5. Will there be a mechanism to prevent broadcasters from manipulating the underlying anchoring revenue total?
6. What dispensations will be given to clubs that qualify for Europe given their spending will be restricted by an even lower percentage of revenue in order to participate?
7. Which of the clubs would currently benefit most by the adoption of these new restrictions and which would be disadvantaged by them? What is the explanation for that composition in the context of the structure of the limitations?

Again, these are just the issues I came up with in 10 minutes of thinking about the implications of these new regulations. There are many more that won’t even be discovered until after the regulations are introduced (as we are seeing with FFP and PSR now).

 

[Gray]

The only financial restrictions that need to be in place should be ones that stop owners like Reading etc asset stripping clubs and saddling them with huge debts.

If i won the euromillions and wanted to gift 25million to Bradford for example, i should be able to

Bloody hell not Bradford.