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

[waspish]

Am I missing something? Wouldn't they still have to comply with the 85% of turnover rule?

Yep that's the first restriction the next is the Anchor! Said years ago these American owners coming over here and Americanising our leagues, all the time getting the media pointing there finger at us for the last ten years! Still the media are blinkered to it.

 

[waspish]

Yeah that ain't going to happen - if the PL truely want to stop clubs from self destructing financially then that's the 1 rule that has to stay.
It's no good saying to the bottom clubs they can spend 5x times the TV revenue of basically their own TV revenue without some safety net.

The constant rules and changes around FFP / Finance etc are getting tedious now - it's over the top interference from the PL and ruining football for most fans... instead of checking the forums and gossip columns for snippets of who we are signing in the summer we are now getting out calculators and trying to work out who we can afford... It's BS.

Why not scrap the spending caps altogether and if the PL want to help out lower teams then why not mandate that 50% of non domestic cup revenue get's split amongst the teams not in Europe?

It's been interference from all the American owners since they bought the clubs

 

[No One Understands]

so city get a 6 year old, train him for 13 years provide him with education then let him go for free? the cost of educating training plus god know what else , and we have to give him away for zilch ,

is this a clarkie

Yes. Although it seems that the rule change should be a clarkie too. Maybe have all premier league meetings on April 1st going forward.

 

[B\connellblue]

The lower teams particularly Leeds and wolves have got more than enough of our money already.

 

[No One Understands]

More American shit in the PL we will all be able to take guns in soon

As John mcclane would say, "yippee ki yay"

 

[Sir peace frog]

im sure like everything we are seeing the "worse case scenario" something new comes out and the press "press the panic button" doom mongering as they do, the clubs that may be worse off as a result of the spending cap imo would be the teams who sell their better players to the premier league teams,ie teams from the championship they just wont get the amount for their players,then the effect will trickle down the leagues, i suppose transfers in general will come down.

it wont make things "fairer" luton(eg) will only be able to spend 85% of 150m ,whilst the clubs with the bigger incomes will be able to spend a lot more

 

[No One Understands]

The only way the top 6 can spend more than the current £500ish million budget is if the bottom 3 get more money.

So if you’re a top 6 side you can either accept your maximum budget is £500mish forever, or you can grow the PL central revenues, rework the central payments structure, make sure the other 14 get their slice of the shared commercial money, and keep growing and spending more and more like they are now.

This isn’t about capping the top clubs spending, it’s about stopping the gap between the richest and poorest growing.

The only way it can ever hinder someone is if the top 6 owners keep trying to take all the money in every new deal. As long as they keep revenue shared the way they are now, the cap will always be above what everyone is spending anyway.

How about a luxury tax?
The Yankees in America have the highest baseball revenue, but if they decide to go above the salary cap, then they pay a luxury tax.

We can do the same, maybe make the tax a one for one, eg overspend by 50 million, then pay 50 million in tax. You then take that 50 million tax and give it the bottom teams.

 

[cookster]

On your advice, I've just ordered a large keyboard from Amazon.
Didn't bother with the computer.

You interested in some magic beans?

 

[At-Swim-Two-Birds]

How many roads must a man walk down?

The answer is blowin' in the wind?

 

[At-Swim-Two-Birds]

This is being driven by the American owners of Liverpool and Arsenal. They want to achieve the highest return on their investment. They think, Liverpool particularly, that they can find the best talent at the cheapest price. ie moneyball. If possible with no jeopardy ie no promotion or relegation. United and Chelsea want the same thing but they are not in position at the moment. Chelsea abstained because they are buying time and don't know which way is up at the moment.

They do not care about trophy's. They care about guaranteed returns.