Financial Fair Play

Financial Fair Play

Author
Discussion

Killer2005

19,644 posts

228 months

Tuesday 15th April 2014
quotequote all
London424 said:
Here we go boys and girls

http://www.telegraph.co.uk/sport/football/news/107...

Already posted by Hornetrider on the city thread.
I find it funny that they're threatening some of the new mega rich clubs with a fine hehe

London424

Original Poster:

12,829 posts

175 months

Wednesday 16th April 2014
quotequote all
Killer2005 said:
London424 said:
Here we go boys and girls

http://www.telegraph.co.uk/sport/football/news/107...

Already posted by Hornetrider on the city thread.
I find it funny that they're threatening some of the new mega rich clubs with a fine hehe
I thought the same thing as well. Can't quite understand the logic behind that one!

Calletrece

320 posts

130 months

Thursday 17th April 2014
quotequote all
London424 said:
I thought the same thing as well. Can't quite understand the logic behind that one!
Nor me.

Seems odd that an organisation driven primarily by money over sporting integrity should want to fine people who've breached the sporting integrity of the organisation.

Can't think why they'd want to do that... idea

celicawrc

3,346 posts

150 months

Saturday 3rd May 2014
quotequote all
So City have been found guilty of breaching FFP rules.

Surely the only punishment viable is to dock points from the teams that do? Or will they just be allowed to buy more trophies rendering the whole thing as farcical nonsense?

TangerinePool

1,385 posts

190 months

Sunday 4th May 2014
quotequote all
The point of this should be to stop clubs effectively buying their way to success by offering the best players £200-300k per WEEK in wages. The current 'winners' of anything seems to be who can wave the biggest wallet. Wow fun!

Also the knock on effect has been devastating. Other clubs have to spend beyond their means and essentially gamble their very existence just to keep up. The fous on cultivating and bringing through your own talent has been decimated heavily through the wallet waving business model. There is a comeback on the cards via academies and the like but these are priced strange and again allow 'bigger' (richer) clubs to snap up the best prospects from others for a price. Argh!

I don't have all the answers but I believe fans of all clubs need to get together to sort it out as one day we'll be left with the 'top' (richest) five clubs playing each other 10 times a season. Wahey more fun nuts

Cheib

23,256 posts

175 months

Tuesday 6th May 2014
quotequote all
Just read that Man City have got a £50mil fine and a 21 player squad for next season's Champions League...ouch!

hornetrider

63,161 posts

205 months

Tuesday 6th May 2014
quotequote all
I don't see the point in the fine, it's just chump change to the Sheik. They have to hit them on the field. If they don't want to eject them from the competition, then I'd take away ranking points so they are seeded in the bottom pool and face a tough group.

Devilstreak

8,088 posts

181 months

Tuesday 6th May 2014
quotequote all
It will still be slightly harder for them as the 21 player squad has to include 8 home trained

paulrockliffe

15,707 posts

227 months

Tuesday 6th May 2014
quotequote all
hornetrider said:
I don't see the point in the fine, it's just chump change to the Sheik. They have to hit them on the field. If they don't want to eject them from the competition, then I'd take away ranking points so they are seeded in the bottom pool and face a tough group.
So long as the payment of the fine is rolled into next years FFP assessments then it is worth something. City would have to reduce player expenditure by £50m next year just to stand still with respect to FFP.

Hopefully it'll have a big impact on their ability to fund transfer fees, but what might be more interesting is if their wage bill is suitably large and suitably iliquid. It might be that they're unable to reduce expenditure sufficiently due to their contractual arrangements with players and they'll be stuck in a vicious circle for a number of years, unable to sign new players until contracts run down while being hit by FFP each year.

Anyone able to do a proper analyis?


London424

Original Poster:

12,829 posts

175 months

Tuesday 6th May 2014
quotequote all
Devilstreak said:
It will still be slightly harder for them as the 21 player squad has to include 8 home trained
It will be interesting to see who they buy this summer with that in mind.

Though I believe they are going to appeal. I've seen some articles by various lawyers that suggest that FFP is illegal, so this will really put the cat amongst the pigeons.

Cheib

23,256 posts

175 months

Tuesday 6th May 2014
quotequote all
The squad reduction to 21 with 8 homegrown players will be a big hit I think. Homegrown means " players who, regardless of their nationality, have been trained by their club, or by another club in the national association, for at least three years between the age of 15 and 21"

So I guess they'll be looking to buy Barkley, Shaw et al in the summer!

dry664

304 posts

139 months

Tuesday 6th May 2014
quotequote all
So let me get this straight, if Man C pay Mr Blatter and his buddies £50M they can ignore FFP rules.

Can wait to see the FIFA pay increases/bonuses after this.

Bit of a Unit

6,716 posts

197 months

Tuesday 6th May 2014
quotequote all
dry664 said:
So let me get this straight, if Man C pay Mr Blatter and his buddies £50M they can ignore FFP rules.

Can wait to see the FIFA pay increases/bonuses after this.
My understanding from today's coverage is that the fine is for last seasons breach, a further breach would see more serious sanctions that could include suspension from the champions league.

Having to balance the books and find that £50m will cause a few problems but as this appears to be the start of a negotiation as opposed to the actual punishment, it's going to drag on if City want to fight.

Cheib

23,256 posts

175 months

Wednesday 7th May 2014
quotequote all
Bit of a Unit said:
My understanding from today's coverage is that the fine is for last seasons breach, a further breach would see more serious sanctions that could include suspension from the champions league.

Having to balance the books and find that £50m will cause a few problems but as this appears to be the start of a negotiation as opposed to the actual punishment, it's going to drag on if City want to fight.
The fine doesn't come out of turnover so City's owners can just write a cheque which on a fiscal basis won't bother them at all. However the CFO of City of whoever was trying to make sure they were FFP compliant is probably having some very awkward conversations right now biggrin The cap on players is much tougher IMHO, they are going to have to buy players they wouldn't have wanted to.

Black can man

31,838 posts

168 months

Wednesday 7th May 2014
quotequote all
Doesn't every club spend beyond it's means ?

BlackLabel

13,251 posts

123 months

Wednesday 7th May 2014
quotequote all
London424 said:
Here we go boys and girls

http://www.telegraph.co.uk/sport/football/news/107...

Already posted by Hornetrider on the city thread.
A significant fine -which unless it's 100m+ which I cant see happening - will not bother someone like the City owner. Restricting their euro squad? Okay that's a bit better but why not stamp out the problem for good by banning these clubs from European competitions for a year or two? UEFA are not even considering the latter. (According to that article anyway).

Black can man

31,838 posts

168 months

Wednesday 7th May 2014
quotequote all
How can Chelsea not be under any investigation ?

Wouldn't be anything to do with Gazprom sponsoring the Champions league would it ?

aeropilot

34,614 posts

227 months

Wednesday 7th May 2014
quotequote all
Black can man said:
How can Chelsea not be under any investigation ?
According to the BBC.....

"Chelsea made a £49.4m loss last year but registered a £1.4m profit in 2012 so will comply with the new regulations"


TEKNOPUG

18,960 posts

205 months

Cheib

23,256 posts

175 months

Wednesday 7th May 2014
quotequote all
Black can man said:
How can Chelsea not be under any investigation ?

Wouldn't be anything to do with Gazprom sponsoring the Champions league would it ?
Chelsea basically front loaded a ludicrous amount of spending in the years leading up to FFP.....they spent something like £250mil just on midfield players! They "overbought" and had a few extra players in the squad they didn't need which was a way of meaning they still have some spending money.

So when they signed Matic in January Mata was sold to pay for him....sure they can still spend £30 or £40mil on a player but the days of a £100mil splurge are gone. Which is why Mourinho's been bhing about FFP.

Be interesting to see what happens as their revenues are third/fourth in the Premier League and it's debatable whether it's worth them building a 60,000 seat stadium because they genuinely don't have the fan base to fill it for all the games. I reckon Abramovich gets bored in two or three seasons as he won't actually be able to throw money at it and buy success....he'll genuinely have to let whoever is managing the team do just that.