Football Finances

[NJS 4669]

I think it was originally meant to protect against the likes of that bloke who owned Man City (Shiniwatra?)  or the Pompey bloke and a couplle of others who ran up debts they couldn't clear. 

 

It was only when people who could afford it like Villa, Forest and us that its bonus purpose of limiting the ambitious became clear.

 

At that point it should have been scrapped but the useful idiots of Fulham, Brentford and Bournemouth etc would rather scrap around with the limited clubs for top 10  than see any change at the top. 

[wykikitoon 23563]

Hopefully Villa are forced to sell before the end of June

[Howmanheyman 37550]

Unless I'm reading it wrong uefa will just fine them same as Chelsea which is pathetic and pointless so you can fudge the PL and be deducted points but if you're a favoured club, you're sweet, you can't fudge uefa but they'll just give you a fine instead which is part of doing business which the breaching clubs will take all day. 

Edited yesterday at 08:06 by Howmanheyman

[Gemmill 51771]

4 minutes ago, Howmanheyman said:

Unless I'm reading it wrong uefa will just fine them same as Chelsea which is pathetic and pointless so you can fudge the PL and be deducted points but if you're a favoured club, you're sweet, you can't fudge uefa but they'll just give you a fine instead which is part of doing business which the breaching clubs will take all day. 

 

 

My conclusion from reading Borson's piece is that we should have no qualms about breaking UEFA's FFP rules. You get a fine, but that's about it.

 

If you get into the CL by breaking the rules (and it's EXTREMELY unlikely that you'll be banned from participating) the money you make from being in the CL will MASSIVELY dwarf any fines you'll get for breaking the rules. 

[Gemmill 51771]

The PL's rules are different because whether or not you're punished is basically decided by the self-interest of the other 19 clubs. Break a rule that they think they could benefit from in future, and you'll be fine. Break a rule that they don't think applies to them, and you'll get a points deduction. 

 

So comply with the PL to the extent that there isn't precedent for a specific rule being broken, but absolutely fuck UEFA's rules cos they do fuck all about it. 

[Gemmill 51771]

I think, because they're just a bed of corruption, UEFA basically just considers FFP breaches as a new source of revenue rather than any sort of framework for ensuring the fairness of their competitions.

 

Also, if as is being widely speculated, Villa join Chelsea and sell their women's team to get around the PL rules, we'll be planning to do exactly the same once we've made it to the WSL. We'll be watching the PL's reaction to this pretty closely I imagine. 

[toonotl 3533]

This shit is so busted. 

[Gemmill 51771]

6 minutes ago, toonotl said:

This shit is so busted. 

 

Aye completely. 

 

I know there are people who think we should be being more bold in looking for loopholes and stuff, but the rest of the league has it in for us, and if we look for loopholes in ways that other clubs can't exploit, we'll get hit with a deduction. Even if they could exploit it, they might come down on us cos it's us and they know where we're likely headed if we're allowed to take the piss. 

 

Where we are right now, a points deduction would be enough to keep us out of the CL. Which has implications not just on our income, but on our ability to bring in the players we need to kick on. Not making the CL is probably a bigger handbrake on the project than having to meet the PSR rules as it stands. That's largely because we've bought so well and have a brilliant manager and coaching team. 

 

I think we're being squeaky squeaky clean now because we genuinely can't afford not to be.

 

Whether we take a risk in future will depend - it's a race between us getting our income to where it needs to be so we don't need to break the rules vs getting the squad where it needs to be so we're the sort of team that has enough points to swallow a deduction and still make CL. Realistically I think the former wins and we get to where we need to be without ever coming up with a novel loophole. 

[Toonpack 11938]

39 minutes ago, Gemmill said:

 

Aye completely. 

 

I know there are people who think we should be being more bold in looking for loopholes and stuff, but the rest of the league has it in for us, and if we look for loopholes in ways that other clubs can't exploit, we'll get hit with a deduction. Even if they could exploit it, they might come down on us cos it's us and they know where we're likely headed if we're allowed to take the piss. 

 

Where we are right now, a points deduction would be enough to keep us out of the CL. Which has implications not just on our income, but on our ability to bring in the players we need to kick on. Not making the CL is probably a bigger handbrake on the project than having to meet the PSR rules as it stands. That's largely because we've bought so well and have a brilliant manager and coaching team. 

 

I think we're being squeaky squeaky clean now because we genuinely can't afford not to be.

 

Whether we take a risk in future will depend - it's a race between us getting our income to where it needs to be so we don't need to break the rules vs getting the squad where it needs to be so we're the sort of team that has enough points to swallow a deduction and still make CL. Realistically I think the former wins and we get to where we need to be without ever coming up with a novel loophole. 

 

I actually think it's rather gratifying we're doing what we're doing despite the roadblocks.

[wykikitoon 23563]

Swiss Ramble on Villa Finances;

Quote

 

Due to a combination of investment in the squad, higher performance bonuses and the 13th month effect, Villa’s wage bill increased £58m (30%) from £194m to £252m, while player amortisation also rose £4m (4%) from £93m to £97m. In addition, other expenses were up £5m (7%) from £66m to £71m.

Vila’s £86m loss before tax was the second worst in last season’s Premier League, only surpassed by Manchester United’s awful £131m. Even if we took the 13th month impact into consideration, their loss would still have been one of the highest at more than £50m...