Jump to content

The new financial rules


peasepud
 Share

Recommended Posts

It comes in in 2012/13

Clubs must break even and not make persistent losses (whatever that means) Owner subsidy is no longer allowed. There'll be ways round it though, for example with Man City some Arabian company - totally unconnected to the owner :( - could just sponsor them for a year for a stupid amount to allow them to plough merrily on, as that would count against their turnover.

Link to comment
Share on other sites

so from the start of 2012/13 season we should expect to see the prices paid for players drop considerably as clubs are less willing/unable to spend silly money?

 

"Should" being the key word !!!

 

Ideally fans will actually start to count again (they're currently an irrelevance IMO) as your spending ability will be governed by turnover, I'll believe it when I see it though.

Link to comment
Share on other sites

hmmm this is what I was worried you'd say.

 

This will probably mean that next season is the last one where clubs are buying big, one of Ashleys stipulations on player purchases was they had to have a good resale value. We've just seen Carroll go for a massive profit, if the bottoms going to fall out of the market as such then I worry Cashley will cash in on anyone who can get big money next season on the logic their values will drop after. This even matches in with Pardews comments about Tiote and 18 months.

 

The likes of Tiote, Ben Arfa, Enrique could possibly represent a massive increase on their purchase costs if we sell them before the rules kick in.

 

Even if players dont represent a massive profit they could go then to reduce the potential loss and equally importantly reduce the wage bill.

 

I worry that the new rules which many are understandably seeing as a good thing for us could actually be the opposite.

Link to comment
Share on other sites

Simple guide to how the new system works

 

Q What is financial fair-play?

A The broad principle is that clubs should not spend more than they earn, although there is scope for subjectivity if the “trend” of the losses is moving in the right direction. Uefa will still allow owners to spend on long-term projects such as the academy or the club’s infrastructure.

 

Q When does it begin?

A The first season that a club could be prevented from playing in European competition is 2014-15, but the first assessment period this summer.

 

Q Who could this affect?

A Any club who is regularly making losses of more than 5 million euros over a three year period. Uefa will also particularly monitor clubs with huge debts, such as Manchester United.

 

Q Will clubs try and get around it?

A Uefa have acknowledged the danger of clubs trying to exploit loopholes and will pay particular attention to the legitimacy of sponsorship deals, which could be an avenue for owners to funnel money back into the club.

 

Q What happens if clubs breaks rules?

A The possible punishments range from warnings to an outright ban from Uefa competition. Other sanctions could include a ban on registering specific players in European competition.

 

Q Who will benefit in the long run?

A The clubs who generate the highest revenues but do not spend more than they earn. Manchester United restricted by the interest repayments, so Arsenal look best placed to thrive.

 

Uefa Financial Fair-Play principle - clubs should not spend more than they earn:

 

Premier League clubs in profit:

 

Arsenal (09-10) £56m

Blackburn Rovers (08-9) £3.6m

Stoke City (08-9) £0.5m

West Brom (08-9) £7.7m

 

 

Premier League clubs who made a loss:

 

Aston Villa (08-9) £46.2m

Birmingham City (08-9) £20.5m

Blackpool (08-9) £1.1m

Bolton Wanderers (08-9) £13.2 m

Chelsea (08-9) £44.4m

Everton (08-9) £6.9m

Fulham (08-9) £6.9m

Liverpool (08-9) £16.4m

Manchester City (09-10) £121.3m

Manchester United (09-10) £79.6m

Newcastle United (08-9) £18.2m

Sunderland (08-9) £3m

Tottenham Hotspur (09-10) £6.6m

West Ham United (08-9) £16.2m

Wigan Athletic (08-9) £5.8m

Wolves (08-9) £6.5m

Edited by Christmas Tree
Link to comment
Share on other sites

hmmm this is what I was worried you'd say.

 

This will probably mean that next season is the last one where clubs are buying big, one of Ashleys stipulations on player purchases was they had to have a good resale value. We've just seen Carroll go for a massive profit, if the bottoms going to fall out of the market as such then I worry Cashley will cash in on anyone who can get big money next season on the logic their values will drop after. This even matches in with Pardews comments about Tiote and 18 months.

 

The likes of Tiote, Ben Arfa, Enrique could possibly represent a massive increase on their purchase costs if we sell them before the rules kick in.

 

Even if players dont represent a massive profit they could go then to reduce the potential loss and equally importantly reduce the wage bill.

 

I worry that the new rules which many are understandably seeing as a good thing for us could actually be the opposite.

 

I don't think we've ever turned down an offer for a player even before the rules kick in though.

Link to comment
Share on other sites

Rich clubs will find ways around it. They will derive ridiculous income somehow from shonky sponsorship deals or executive boxes that cost £10m a season, they won't allow this tinkering to get in the way of their ambition.

Link to comment
Share on other sites

Rich clubs will find ways around it. They will derive ridiculous income somehow from shonky sponsorship deals or executive boxes that cost £10m a season, they won't allow this tinkering to get in the way of their ambition.

Spot on that, it will take years of tweaking the law to make it viable.

 

Anyway the cannot impliment the offside rule correctly, what chance has this got :(

Edited by Hudson
Link to comment
Share on other sites

Simple guide to how the new system works

 

Q What is financial fair-play?

A The broad principle is that clubs should not spend more than they earn, although there is scope for subjectivity if the “trend” of the losses is moving in the right direction. Uefa will still allow owners to spend on long-term projects such as the academy or the club’s infrastructure.

 

Q When does it begin?

A The first season that a club could be prevented from playing in European competition is 2014-15, but the first assessment period this summer.

 

Q Who could this affect?

A Any club who is regularly making losses of more than 5 million euros over a three year period. Uefa will also particularly monitor clubs with huge debts, such as Manchester United.

 

Q Will clubs try and get around it?

A Uefa have acknowledged the danger of clubs trying to exploit loopholes and will pay particular attention to the legitimacy of sponsorship deals, which could be an avenue for owners to funnel money back into the club.

 

Q What happens if clubs breaks rules?

A The possible punishments range from warnings to an outright ban from Uefa competition. Other sanctions could include a ban on registering specific players in European competition.

 

Q Who will benefit in the long run?

A The clubs who generate the highest revenues but do not spend more than they earn. Manchester United restricted by the interest repayments, so Arsenal look best placed to thrive.

 

Uefa Financial Fair-Play principle - clubs should not spend more than they earn:

 

Premier League clubs in profit:

 

Arsenal (09-10) £56m

Blackburn Rovers (08-9) £3.6m

Stoke City (08-9) £0.5m

West Brom (08-9) £7.7m

 

 

Premier League clubs who made a loss:

 

Aston Villa (08-9) £46.2m

Birmingham City (08-9) £20.5m

Blackpool (08-9) £1.1m

Bolton Wanderers (08-9) £13.2 m

Chelsea (08-9) £44.4m

Everton (08-9) £6.9m

Fulham (08-9) £6.9m

Liverpool (08-9) £16.4m

Manchester City (09-10) £121.3m

Manchester United (09-10) £79.6m

Newcastle United (08-9) £18.2m

Sunderland (08-9) £3m

Tottenham Hotspur (09-10) £6.6m

West Ham United (08-9) £16.2m

Wigan Athletic (08-9) £5.8m

Wolves (08-9) £6.5m

 

interesting......

Link to comment
Share on other sites

interesting......

 

It is isnt it. It makes you wonder how you expect the club to fund the ambition that you are crying out for.

 

Liverpool are doing alright aren't they ?

 

:(

Link to comment
Share on other sites

interesting......

 

It is isnt it. It makes you wonder how you expect the club to fund the ambition that you are crying out for.

 

Liverpool are doing alright aren't they ?

 

:(

 

 

Liverpool were fucked until the recent purchase by new owners??????

Link to comment
Share on other sites

interesting......

 

It is isnt it. It makes you wonder how you expect the club to fund the ambition that you are crying out for.

 

Liverpool are doing alright aren't they ?

 

:(

 

 

Liverpool were fucked until the recent purchase by new owners??????

Link to comment
Share on other sites

interesting......

 

It is isnt it. It makes you wonder how you expect the club to fund the ambition that you are crying out for.

 

Liverpool are doing alright aren't they ?

 

:(

 

 

And? :rolleyes: Liverpool are doing ok so we'll go and spend this financial loss on players then?

:friends:

Link to comment
Share on other sites

interesting......

 

It is isnt it. It makes you wonder how you expect the club to fund the ambition that you are crying out for.

 

Liverpool are doing alright aren't they ?

 

:(

 

About the same as us looking at them figures, and there debt is greater than ours as well.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.