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

[waspish]

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.

And they lead the other American owners in the vote to! Parish at palace who sold stake to American owners he does there bidding

 

[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.

To be clear I am not anti-American. I am just calling it as I see it.

 

[At-Swim-Two-Birds]

And they lead the other American owners in the vote to! Parish at palace who sold stake to American owners he does there bidding

I think it is more nuanced than this. We do not know what the proposals are but say the spend on wages, transfers (amortised?) and agents fees is set at the lower of x6 of the bottom epl club's TV revenue or 85% of revenue.

• x6 of £100M bottom club TV revenue is £600M
• Deloitte report 14 of the top 30 clubs in Europe by turnover are from the EPL with the lowest (Everton) at c£200 euros.
• Taking Everton as an example means that their spend is capped at 170 euros.

City turnover c800M euros so their cap will be roughly anchored to the bottom club ie £600M. So will United. Liverpool are next at a turnover of 683M euros so the 85% turnover cap applies.

On this basis the 'anchor cap' would only impact City and possibly United.

 

[waspish]

I think it is more nuanced than this. We do not know what the proposals are but say the spend on wages, transfers (amortised?) and agents fees is set at the lower of x6 of the bottom epl club's TV revenue or 85% of revenue.

• x6 of £100M bottom club TV revenue is £600M
• Deloitte report 14 of the top 30 clubs in Europe by turnover are from the EPL with the lowest (Everton) at c£200 euros.
• Taking Everton as an example means that their spend is capped at 170 euros.

City turnover c800M euros so their cap will be roughly anchored to the bottom club ie £600M. So will United. Liverpool are next at a turnover of 683M euros so at 85% the TV anchor becomes the cap.

The 85% turnover cap affects City and possibly United.

Our wages bonuses and expenditure was 501m that leaves us with 99m to spend this summer if rules were in now that ain't getting you paqueta and Gumieres and now selling players don't count you can't increase the money you can spend on players! You see they got there way if this comes in the Americanisation of our game!

 

[SWP's back]

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

I thought it was instead of the (for PL purposes - but would still have to comply for Europe). If so, still a much better situation for a ‘smaller’ club wanting to grow through investment.

Edit. I see it’s on top of the 85%, in which case it’s a load of bollocks.

 

[The Stockport Iniesta]

Oh yeah?

How does the bottom clubs buying better players make the league worse? Particularly given how the financial strength of the bottom half of the table is the most cited reason for the PL’s success.



Where are they going to go?

Will they be going to Spain, which has these same rules but stricter?

Will they be going to Germany with 50+1 prohibiting any investment?

Will they go to Italy, whose clubs haven’t got the money to own their own stadiums and where the average salary is just under half the Premier League?

Will they go to Ligue 1, which excluding PSG has the same average weekly wage as League 1?

No. Didn’t think so.




Lots of grand talk from you of doom and gloom, but there’s nothing behind it. You can’t even come up with a way it could happen.

Apologies if I'm wrong but weren't you all in favour of the ESL? I think I remember you making some vociferous posts at the time in support, and I'm pretty sure you voted in favour of it on the Bluemoon poll. I think you changed your mind within a few days though, including changing your vote? Where was all your sympathy for the clubs in the lower half of the league then, and for the PL league in general?

 

[Sir peace frog]

Apologies if I'm wrong but weren't you all in favour of the ESL? I think I remember you making some vociferous posts at the time in support, and I'm pretty sure you voted in favour of it on the Bluemoon poll. I think you changed your mind within a few days though, including changing your vote? Where was all your sympathy for the clubs in the lower half of the league then, and for the PL league in general?

dommy doesn't have a set opinion on anything, he just goes against the majority so he can argue, as for changing his vote after a couple of days, he usually changes his posts after a minute or two to catch people out and argue more.

i'm not even sure dommy is human, may be a russian bot :) .

 

[BlueRockape]

To be quite honest I am sick to death of world Americanism.
If they don't agree bomb them.
If that doesn't work get someone else to do it
If the rules don't suit change them.
As if they are beacon to the rest of the world.

 

[domalino]

Apologies if I'm wrong but weren't you all in favour of the ESL? I think I remember you making some vociferous posts at the time in support, and I'm pretty sure you voted in favour of it on the Bluemoon poll. I think you changed your mind within a few days though, including changing your vote? Where was all your sympathy for the clubs in the lower half of the league then, and for the PL league in general?

Nope.

 

[hammocity]

Our wages bonuses and expenditure was 501m that leaves us with 99m to spend this summer if rules were in now that ain't getting you paqueta and Gumieres and now selling players don't count you can't increase the money you can spend on players! You see they got there way if this comes in the Americanisation of our game!

Only Paqueta and Gumieres would probably cost around 70-100m each. If we bought one of them for say 80m over a 5 year contract that’s 16m per year in amortised fees so it’s still easily doable.