UEFA to propose FFP replacement plan

we should say to them sort the DEBT out with your board members clubs then set any rules about FFP
how can uefa be taken serious when everyone of its board are members of the worst run clubs in football

we should play them at their own game and take out a £1billion loan against the clubs assets. then forget the debt or put the debt to the value of the club when somebody buys the club they clear the debt
 
Further article about new FFP from Sam Wallace in the Telegraph




"While the details are still to be decided over the next few months, some form of the luxury tax proposal – which would see clubs pay a premium when spending breached a certain level - is certain to replace the current ten-year FFP system. It is likely that the luxury tax control would be two-pronged. There would be a top-limit of the percentage of a club’s revenue that could be spent on squad costs, and potentially in addition to that a “hard cap” on the total of capital that could be invested each year by an owner."

....proposals would take into consideration “squad costs” – not just transfer fees and player salaries but also agents’ fees – when calculating whether limits had been breached. Clubs would have to submit to Uefa each player’s squad costs with their proposed 25 names for the upcoming season, which would then be scrutinised as to whether it passed controls."
 
Further article about new FFP from Sam Wallace in the Telegraph




"While the details are still to be decided over the next few months, some form of the luxury tax proposal – which would see clubs pay a premium when spending breached a certain level - is certain to replace the current ten-year FFP system. It is likely that the luxury tax control would be two-pronged. There would be a top-limit of the percentage of a club’s revenue that could be spent on squad costs, and potentially in addition to that a “hard cap” on the total of capital that could be invested each year by an owner."

....proposals would take into consideration “squad costs” – not just transfer fees and player salaries but also agents’ fees – when calculating whether limits had been breached. Clubs would have to submit to Uefa each player’s squad costs with their proposed 25 names for the upcoming season, which would then be scrutinised as to whether it passed controls."

Those ideas look like UEFA signing its own death warrant. I can't see any business in the world allowing someone to control how they spend their money in "real time." That is just a total restriction of trade. Still no mention of debt though.
The baseball business model hasn't worked in the US and the sport is in a severe decline (lack of investment being a major factor). This absurd idea for football will just accelerate the march towards a super league. If the leading clubs come up with a fresh proposal which preserves national league pyramids, UEFA will be dead in the water. Perhaps Barca, Real and Juve are not as daft as they look.
 
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Further article about new FFP from Sam Wallace in the Telegraph




"While the details are still to be decided over the next few months, some form of the luxury tax proposal – which would see clubs pay a premium when spending breached a certain level - is certain to replace the current ten-year FFP system. It is likely that the luxury tax control would be two-pronged. There would be a top-limit of the percentage of a club’s revenue that could be spent on squad costs, and potentially in addition to that a “hard cap” on the total of capital that could be invested each year by an owner."

....proposals would take into consideration “squad costs” – not just transfer fees and player salaries but also agents’ fees – when calculating whether limits had been breached. Clubs would have to submit to Uefa each player’s squad costs with their proposed 25 names for the upcoming season, which would then be scrutinised as to whether it passed controls."

Sounds very American, surprise, surprise
 
News emerged that the governing body deem the current FFP rules 'no longer fit for purpose' and are set to replace them with rules that mean clubs in European competition would be limited to spending a fixed percentage of their revenue, in the region of 70 per cent, on salaries.

Any club in breach of those rules will have to pay a luxury tax where 'the equivalent or more' of any overspend would go into a pot to be shared among other clubs.



 
So still nothing about clubs loaded with debt. I am not very good at understanding this stuff, are they hoping salary caps will encourage the best players to sign for istree clubs because everyone is roughly paid the same.
 
News emerged that the governing body deem the current FFP rules 'no longer fit for purpose' and are set to replace them with rules that mean clubs in European competition would be limited to spending a fixed percentage of their revenue, in the region of 70 per cent, on salaries.

Any club in breach of those rules will have to pay a luxury tax where 'the equivalent or more' of any overspend would go into a pot to be shared among other clubs.



So… basically a form of wage control but with built in corruption/bribery. I have to wonder what the purpose of this is… a level playing field? No, because clubs will be restricted to spending different amounts. Ensuring clubs spend within their means? No, because clubs will be able to pay an extra tax and build up as much debt as they wish.

So what does this actually do? Stop cash rich clubs with lower turnover investing in players and making progress into the higher levels of elite competition (and so growing their turnover to a level that matches their wages). Why is that a problem that needs solving? Taken as a principle, this would stop any new professional team ever getting set up. I’m sure these provisions wouldn’t apply in such a case, but that example illustrates how wrong headed the principle behind this is.

FFP was always about protectionism, with the biggest clubs trying to pull up the drawbridge behind them, but this is an even more cynical move than ever that doesn’t even pretend to address any genuine concerns.
 

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