PL charge City for alleged breaches of financial rules

[domalino]

Opens the way for owners to spend then get bored and the club to go bust

It actually guards against it because it’s tying spending to revenue, and you make tax payable up front, so if Im Villa and I want to spend 85% of revenue this year not 70%, I’ve got to have enough money to pay my tax straight away, and the worst that I can do is add debt that’s by default a small % of revenue which makes it liveable.


Also the whole spending loads and getting bored thing doesn’t really happen in the 21st century. These clubs are businesses turning over 9 figures, people don’t get bored of them, and the people running them are not the erratic quirky figures that bought clubs in the 70s and 80s.

 

[gordondaviesmoustache]

Chairman of the Bordeaux?

That’s a Graves allegation.

 

[Chi-town blues]

Have you just assumed his gender?

It’s obvious he’s a woman.

He’s a bird. ;-)

excuse me ? two birds to be precise.

 

[old blue]

I hope so . Its would be fantastic to get some minutes .

That's what Kalvin Philips said.

 

[Didsbury Dave]

Last word from me on this until I see what is actually approved by the PL, but I suppose this is where we differ.

You see the PL as 20 different businesses but then ascribe to them three things they want as a collective.

I see the PL as 20 different companies in at least three groupings each with their own objectives and interests, but not only that, I also see an executive (CEO and Chairman) whose responsibility it is to take decisions in the wider interest and whose job it is to propose them to the shareholders for ratification in general meeting.

I have worked in such an unwieldly structure and it is vital that you have a strong executive, otherwise it degenerates into a big, political mess with deals between the various groupings in the interests of the most powerful, not in the interest of the company as an entity in itself. The only way Luton has a voice, if you will, is if a strong executive forces the others to listen. If not, they just have to go along with the most powerful in return for some breadcrumbs.

This is where the weak Masters has taken us, imo. He needs to be stronger, or preferably, his replacement does.

Then I may believe that the changes they are rumoured (and they are only rumours, again I am suspicious of the source) to be considering are for the greater good, and not just for the benefit of the few.

For what it's worth, I don't think for a minute these changes will be about stopping City. We are pretty much past that now. I do think other clubs will be feeling it, though, one way or the other.

In a thread dominated by nonsense this exchange is refreshing and I think both of you talk sense (for what it’s worth).

 

[At-Swim-Two-Birds]

excuse me ? two birds to be precise.

Do you speak of biology or gender?

 

[Gaylord du Bois]

Pardon me?

Better out, than in, Mrs.

 

[Chi-town blues]

Do you speak of biology or gender?

Birdology

 

[Mancity1980]

I’m not sure you’re grasping the mechanics of how a cartel operates.

??? Cartel : a group of similar independent companies who join together to control prices and limit competition.

 

[KS55]

Last word from me on this until I see what is actually approved by the PL, but I suppose this is where we differ.

You see the PL as 20 different businesses but then ascribe to them three things they want as a collective.

I see the PL as 20 different companies in at least three groupings each with their own objectives and interests, but not only that, I also see an executive (CEO and Chairman) whose responsibility it is to take decisions in the wider interest and whose job it is to propose them to the shareholders for ratification in general meeting.

I have worked in such an unwieldly structure and it is vital that you have a strong executive, otherwise it degenerates into a big, political mess with deals between the various groupings in the interests of the most powerful, not in the interest of the company as an entity in itself. The only way Luton has a voice, if you will, is if a strong executive forces the others to listen. If not, they just have to go along with the most powerful in return for some breadcrumbs.

This is where the weak Masters has taken us, imo. He needs to be stronger, or preferably, his replacement does.

Then I may believe that the changes they are rumoured (and they are only rumours, again I am suspicious of the source) to be considering are for the greater good, and not just for the benefit of the few.

For what it's worth, I don't think for a minute these changes will be about stopping City. We are pretty much past that now. I do think other clubs will be feeling it, though, one way or the other.

The NHS is similar. Typically the clinical heads in a hospital all shout out what budget they want and the most powerful depts get the most money. Most Chief execs have no logical system for allocating the budget.