Pep has a straightener with Tebas

fulabeer said:
I'm no expert, but debt isn't a dirty word in business.
As long as it is manageable/serviceable, then it isn't a problem.

Like in the Rags situation, they can more than service their debt, therefore it doesn't currently present a danger to the overall long term business.
Therefore FFP allows debt as long as the club has sufficient income revenues to cover it plus wages/running costs.

Now the problem with that is when things go wrong. And this is where FFP is shown for what it really is.
It was introduce under the guise of a safety system to stop clubs folding. But was really to stop sugar daddies from ploughing money in with no intention of getting anything back other than silverware.
Barcelona has unmanageable debt. But nobody seemed to care. La Liga and UEFA looked the other way. One can only assumed they thought they would sort it out "somehow".
Just imagine if we had those debts, can anybody in football say we would have received the same soft handed treatment?

The fat slug is already spouting about our alleged £275m covid loses.
First of all, how does he know these figures? (probably not even slightly true)
Second, loses are not debts, so what's the issues anyway?

What stinks is they "now" know our club owner was never looking for short term for success. A few "state funded" trophies to raise his global country's profile. They know we are a long term threat to their cosy old boys arrangements.
We are often grouped with PSG, but i don't think our business model is even familiar.

We are accused of state sponsorship, yet the two Spanish clubs have actually been found guilty of this charge.
How the hell Barcelona have been allowed to get into the state they are now in just shows the gross hypocrisy (corruption) from both La Liga and UEFA.
Click to expand...
Wish I could double like this.
 
BringBackSwales said:
In summary Tebas is a daft ****?
Click to expand...
Mate. You’ve described this Idiot in one phrase. Do add it to his Wicky page. I could ramble for hours on this topic but will spare readers.

Teabag is in a dark place having to represent member clubs to the UEFA organisation (so all clubs including those he hates) in his role announced April 21 as well as represent La Liga as its President which means licking the arse of Barca and Real. How do you balance that without finding a horses head in your bed?

Desperate people do desperate things and whatever he does, ideally needs to be done before the start of the 21/22 season. Watch this space!

Take this extract published 1st June and imagine if you were him how boxed in he is. It said…..’La Liga president and UEFA Executive Committee member Javier Tebas commented that Real Madrid, Barcelona and Juventus, the three clubs who have not officially resigned from the breakaway European Super League, should be "scared" of the outcome of UEFA's disciplinary proceedings against them.

So this ongoing action is currently on top of the other pressures facing Barca on meeting the 21/22 salary cap which obviously includes dealing with and serving their ginormous debt.
 
fulabeer said:
I'm no expert, but debt isn't a dirty word in business.
As long as it is manageable/serviceable, then it isn't a problem.

Like in the Rags situation, they can more than service their debt, therefore it doesn't currently present a danger to the overall long term business.
Therefore FFP allows debt as long as the club has sufficient income revenues to cover it plus wages/running costs.

Now the problem with that is when things go wrong. And this is where FFP is shown for what it really is.
It was introduce under the guise of a safety system to stop clubs folding. But was really to stop sugar daddies from ploughing money in with no intention of getting anything back other than silverware.
Barcelona has unmanageable debt. But nobody seemed to care. La Liga and UEFA looked the other way. One can only assumed they thought they would sort it out "somehow".
Just imagine if we had those debts, can anybody in football say we would have received the same soft handed treatment?

The fat slug is already spouting about our alleged £275m covid loses.
First of all, how does he know these figures? (probably not even slightly true)
Second, loses are not debts, so what's the issues anyway?

What stinks is they "now" know our club owner was never looking for short term for success. A few "state funded" trophies to raise his global country's profile. They know we are a long term threat to their cosy old boys arrangements.
We are often grouped with PSG, but i don't think our business model is even familiar.

We are accused of state sponsorship, yet the two Spanish clubs have actually been found guilty of this charge.
How the hell Barcelona have been allowed to get into the state they are now in just shows the gross hypocrisy (corruption) from both La Liga and UEFA.
Click to expand...
Great post, man!

Oh, and btw, Real Madrid is the head of the Super League, did EUFA or Tebas dare to have a word to them?!
 
BringBackSwales said:
I think DEBT IS very important, when the 2 clubs that are accused of financial doping by Tebas are debt free and solvent, and the two clubs he most speaks in favour of are in dire financial straits, particularly Barcelona. So my point stands, which is that if free agent Messi signs with Barcelona why would this be unchallenged by Tebas?
Click to expand...

I agree with you completely.
I was just saying that in normal business models, debt is acceptable.
The trouble with football and the way the money (income) is success based. This means debt is a bad thing as it soon turns into a debt spiral if your wages and running cost depend on success and that success dries up.
The big problem with FFP is that it allows borrowing and frowns on investment.
Some journalist needs to ask La Liga/UEFA which presents a bigger risk to the stability of a club.

Even if a big spending money man comes into a club purely to win a bit of silverware, it would never be long term.
No matter how deep your pockets, at some point you are going to stop throwing money at a club.

Lal Liga and UEFA can try and lay the blame at City and PSG all they want, but the truth is that bad management at the debt ridden clubs is the reason for the shit they are now in. Caught in the rules they asked for, to stop us...
 
Surely debt *should* be a problem, though, as far as FFP is concerned ... because when FFP was first put forward (by Platini) it was meant (he claimed) to protect clubs against a rich owner suddenly pulling the plug, leaving the club in financial difficulty.

Running up a huge debt, surely makes this scenario more likely than if the owner runs a club with no debt ?
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top
✖
  AdBlock Detected
Bluemoon relies on advertising to pay our hosting fees. Please support the site by disabling your ad blocking software to help keep the forum sustainable. Thanks.