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wykikitoon
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After reading 'The Price of Football' by Kieran Maguire I have a little more understanding of the finances.  There is a new version of that book out soon.  I would deffo recommend it.

 

Anyway, I always assumed PSR was new, but its not. Its over a decade old.  So why is it now only having an impact on some clubs?  Is it covid?  

 

The rules are always evolving and the only reason for that is to stop clubs like us and Villa emerging and breaking into the elite.

 

 

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1 hour ago, wykikitoon said:

After reading 'The Price of Football' by Kieran Maguire I have a little more understanding of the finances.  There is a new version of that book out soon.  I would deffo recommend it.

 

Anyway, I always assumed PSR was new, but its not. Its over a decade old.  So why is it now only having an impact on some clubs?  Is it covid?  

 

The rules are always evolving and the only reason for that is to stop clubs like us and Villa emerging and breaking into the elite.

 

 

Because prices have gone up but the limit has not.

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10 minutes ago, RobinRobin said:

Because prices have gone up but the limit has not.

This pretty much explains the whole thing. Inflation.

 

Especially in the last five years due to covid and Ukraine. Inflation has never been factored into the equation at any point.

 

Just using the £105m allowable losses set in 2015 and the BoE inflation calculator to bring that in line to Dec 24 - the figure should have been uplifted to £142m just to account for the inflationary increases over the last decade. That increase alone would have most likely meant we would not have had to sell Anderson or Minteh.

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1 hour ago, wykikitoon said:

After reading 'The Price of Football' by Kieran Maguire I have a little more understanding of the finances.  There is a new version of that book out soon.  I would deffo recommend it.

 

Anyway, I always assumed PSR was new, but its not. Its over a decade old.  So why is it now only having an impact on some clubs?  Is it covid?  

 

The rules are always evolving and the only reason for that is to stop clubs like us and Villa emerging and breaking into the elite.

 

 


UEFA FFP started in 11/12, premier league 13/14, both before Liverpool sold Coutinho to Barcelona and signed 3 title ensuring players off the back of it. I hate the bastards too but they did this to beat peak Man City and win a champions league. 

 

 Caulkin here is basically saying that Staveley would’ve gambled in this window as she did in 2022 when we paid 40 million up front for Gordon. And as he says obviously when she convinced PIF in the first place when we were in the bottom 3. Common sense definitely says wait till summer but standing still to me is equally as risky as trying to bring in what we need this month. We’ve shown in the past that good business can be done in January too… 

 

https://archive.is/YJ1AL


 

 

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56 minutes ago, Dazzler said:

This pretty much explains the whole thing. Inflation.

 

Especially in the last five years due to covid and Ukraine. Inflation has never been factored into the equation at any point.

 

Just using the £105m allowable losses set in 2015 and the BoE inflation calculator to bring that in line to Dec 24 - the figure should have been uplifted to £142m just to account for the inflationary increases over the last decade. That increase alone would have most likely meant we would not have had to sell Anderson or Minteh.

 

it's ridiculous that the £105m hasn't been adjusted for the massive increase in inflation. it's just an arbitrary line in the sand and needs to be binned. 

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It was a good gamble with Gordon in hindsight.  I.e we got a cracking player at what now looks a decent prince.  But you can only roll them dices so manty times.

 

I am all for a Big Mitch Big Summer.  It does make me nervous selling too many, but like buying, we have to get rid whilst we can I suppose.

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14 minutes ago, wykikitoon said:

It was a good gamble with Gordon in hindsight.  I.e we got a cracking player at what now looks a decent prince.  But you can only roll them dices so manty times.

 

I am all for a Big Mitch Big Summer.  It does make me nervous selling too many, but like buying, we have to get rid whilst we can I suppose.

It paid off, but meant we had to sacrifice a homegrown squad player in Anderson and promising youngster in Minteh - both of whom would have gotten minutes for us this season.

 

It's completely unsustainable long term IMO. Ideally, we need to find a handful of talented youngsters that may never hit the top level but we can sell off for £10m a pop to newly promoted sides. That's effectively what the "big 6" cunts have been up to.

 

I still think we should be going mental signing Saudi teenagers, training them for a year and selling them to Saudi clubs for £5m-£10m each. If any of them are stars then we keep them. It's not against any rules (yet), and would be a way to get a few quid each season.

 

Surely, the Saudi youngins would benefit a lot in our set up too so it would be win win in many respects.

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7 minutes ago, Dazzler said:

It paid off, but meant we had to sacrifice a homegrown squad player in Anderson and promising youngster in Minteh - both of whom would have gotten minutes for us this season.

 

It's completely unsustainable long term IMO. Ideally, we need to find a handful of talented youngsters that may never hit the top level but we can sell off for £10m a pop to newly promoted sides. That's effectively what the "big 6" cunts have been up to.

 

I still think we should be going mental signing Saudi teenagers, training them for a year and selling them to Saudi clubs for £5m-£10m each. If any of them are stars then we keep them. It's not against any rules (yet), and would be a way to get a few quid each season.

 

Surely, the Saudi youngins would benefit a lot in our set up too so it would be win win in many respects.

 

Spot on, which is what City have done, but its taken a LONG time for that to come to fruition.  We are starting to do that, but it will take time.

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2 minutes ago, ewerk said:

It's a nice idea but I very much doubt too many Saudi teenagers are getting work permits to play for us.

I'm sure MBS needs some more weapons. 🙂 

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23 minutes ago, ewerk said:

It's a nice idea but I very much doubt too many Saudi teenagers are getting work permits to play for us.

They don't need them - we'll just not play the cunts :lol:

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I think as a general thing, a case could be made for PSR having made the league far more competitive. Man Utd apparently have 200m in the bank but they're not allowed to spend any of it, for instance. They now have to work, develop a team, and compete properly - they can't just buy success. Eventually this will be true of all PL teams - and at that point we'll really start to see which clubs are being run well. But if it was signed into creation by the big 6, it's also going to make their lives a lot harder.

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21 minutes ago, Rayvin said:

I think as a general thing, a case could be made for PSR having made the league far more competitive. Man Utd apparently have 200m in the bank but they're not allowed to spend any of it, for instance. They now have to work, develop a team, and compete properly - they can't just buy success. 

 

The fact that it has taken them a billion quid of wasted money to get to this point probably isn't that much of a ringing endorsement for PSR.

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29 minutes ago, Rayvin said:

I think as a general thing, a case could be made for PSR having made the league far more competitive. Man Utd apparently have 200m in the bank but they're not allowed to spend any of it, for instance. They now have to work, develop a team, and compete properly - they can't just buy success. Eventually this will be true of all PL teams - and at that point we'll really start to see which clubs are being run well. But if it was signed into creation by the big 6, it's also going to make their lives a lot harder.

 

Read the book.  It basically blows that out of the water.

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Man United have also got £319m of transfer fee instalments outstanding, half of which is due within a year. They've actually got a cash problem per that recent article in the Athletic. 

Edited by Gemmill
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8 minutes ago, wykikitoon said:

 

Read the book.  It basically blows that out of the water.

 

Can you paraphrase then because it doesn't seem to match up with what we're seeing atm?

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Just now, Rayvin said:

 

Can you paraphrase then because it doesn't seem to match up with what we're seeing atm?

 

It has helped the big boys stay at the top and little boys not level up.

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