Financial Fair Play (general thread)

[chas vs dave]

Feel like I'm losing my mind reading all the takes on forest and how harsh it is. They signed an insane amount of players, it was very obvious what would happen then

I find it funny, listening to Newcastle fans complain about there being a cartel, because they aren't allowed an unfair advantage.

 

[Westmorlandspur]

10 pts for Everton was a fair punishment. I knew as soon as they immediately walked back from that because reasons it would all get watered down further. Start as you mean to go on.

When a club gets 9 pts for going into administration it was obvious the 10 was going to be reduced.
Administration should be relegation. The new rules in the summer are going to allow a spend of 85% of turnover on wages, transfers and amortisation. Seems way too much. The new uefa rules are going to go towards 70% which would kill some of our bigger clubs. Villa are way above that. The top 8 are going to have to go by uefa rules or they will be kicked out.

 

[Trix]

When a club gets 9 pts for going into administration it was obvious the 10 was going to be reduced.
Administration should be relegation. The new rules in the summer are going to allow a spend of 85% of turnover on wages, transfers and amortisation. Seems way too much. The new uefa rules are going to go towards 70% which would kill some of our bigger clubs. Villa are way above that. The top 8 are going to have to go by uefa rules or they will be kicked out.

I thought the 85% was just the starting point and that the aim was to drop this down annually to eventually get into line with Uefa regulations?

 

[Westmorlandspur]

Atlético offered €50m in June. Accept that & you could have avoided this. Instead you hold out for 2 months, accept pretty much that same amount & get a 4 point deduction that might cost you hundreds of millions if you fail to stay up. How stupid are you, Forest? They are lucky it was only a 4 point deduction with that level of stupidity. Unbelievably dumb.

We seem to have played a big part in all this. Johnson involved and also Richarlison who Everton had to sell at 20m less than his value. They deserve 10pts for trying to tell everybody that he was worth 80m. Seriously.

 

[Westmorlandspur]

I thought the 85% was just the starting point and that the aim was to drop this down annually to eventually get into line with Uefa regulations?

I thought that but never seen anything other than the 85% No doubt should happen .
Difficult to compare with clubs spending big percentages on wages as the new rules include transfers and amortisation as well. It won’t bother us but the likes of Villa and Newcastle might have to sell some good players. Transfer fees should be interesting in the summer

 

[he is you know!]

I thought that but never seen anything other than the 85% No doubt should happen .
Difficult to compare with clubs spending big percentages on wages as the new rules include transfers and amortisation as well. It won’t bother us but the likes of Villa and Newcastle might have to sell some good players. Transfer fees should be interesting in the summer

Ultimately the big clubs are all going to have to comply with the UEFA rules which will be 70%* (otherwise no Champions League or Europa League). So even if the PL set the limit at a higher level than UEFA that'll only help the smaller teams with no European aspirations.

*The UEFA rules are 90% in 2023/24, 80% in 2024/25 and 70% from 2025/26 onwards
https://www.uefa.com/returntoplay/n...a-s-new-financial-sustainability-regulations/

 

[qqq1]

We seem to have played a big part in all this. Johnson involved and also Richarlison who Everton had to sell at 20m less than his value. They deserve 10pts for trying to tell everybody that he was worth 80m. Seriously.

I'd be very surprised if Levy wasn't keeping track of which clubs are at risk of losing too much money and targeting their players.

He used to love targeting clubs in financial difficulty like Leeds and Portsmouth.

 

[Monkey boy]

The premier leagues latest statement regarding the independent regulator will tell you all you need to know about where their priorities lie. They state that "we have to be careful not to diminish and make the product less marketable to the global market" which to me means that they saw what happened in the last couple of transfer windows with hardly anyone making any marquee signings and they are trying to find a way to allow clubs to continue to do so as the whole transfer window thing is more exciting to some people than the actual football matches.

 

[allatsea]

Regulator on the way , shouldn't effect FFP/PSR but might bar some prospective owners.

https://www.bbc.co.uk/sport/football/68602074

Or the government could put considerable pressure on the regulator, they appointed, to let certain potential owners in as per the Barcodes.

 

[SirHarryHotspur]

Or the government could put considerable pressure on the regulator, they appointed, to let certain potential owners in as per the Barcodes.

In theory the independent regulator should implement the guidelines of ownership rules regardless of which government is in power, the guidelines would have been set by cross party commission involving MP's from all parties.
On the Saudi Newcastle question the UK government sees Saudi Arabia as a sovereign government/country and is not on any list of rogue countries.

 

[easley91]

So am I right in my understanding that Forest accepted our bid AFTER the PSR deadline and pleading innocent because it was the same transfer window?

 

[SirHarryHotspur]

So am I right in my understanding that Forest accepted our bid AFTER the PSR deadline and pleading innocent because it was the same transfer window?

Don't think they pleaded innocent but this was one of the mitigating factors put forward by the legal team representing Forest..


12.1.2 Secondly, it breached the PSR Threshold because the sale of Player A occurred a short period later than was necessary, which Forest describes as a “near miss” or “golden mitigation”;

 

[easley91]

Don't think they pleaded innocent but this was one of the mitigating factors put forward by the legal team representing Forest..


12.1.2 Secondly, it breached the PSR Threshold because the sale of Player A occurred a short period later than was necessary, which Forest describes as a “near miss” or “golden mitigation”;

Maybe it was the wrong term to use, but it feels like they knew the deadline and had an opportunity to sell Johnson in time?

 

[SirHarryHotspur]

Maybe it was the wrong term to use, but it feels like they knew the deadline and had an opportunity to sell Johnson in time?

Yes , it was a "near miss" on purpose

 

[allatsea]

In theory the independent regulator should implement the guidelines of ownership rules regardless of which government is in power, the guidelines would have been set by cross party commission involving MP's from all parties.
On the Saudi Newcastle question the UK government sees Saudi Arabia as a sovereign government/country and is not on any list of rogue countries.

I agree that would be the theory lol

 

[ukdy]

For those keeping tabs.. looks like Leicester are in a big spot of bother. Accounts due to be published this month should show they breached Premier League PSR, and have until June to do something so they don't breach the EFL rules.

The PL have an agreement with the EFL to apply down sanctions, but I think Leicester might be exempt due to when the agreement came in. However should they return having broken the rules, it's big fine and an Everton sized points deduction, as Leicester look to have been malicious in their breach, to spend more before departing the PL, so they got back ASAP.

Leicester could delay any points deduction until after promotion to Premier League

Championship club hope any punishment can be delayed until next season when they aim to be in the Premier League

www.telegraph.co.uk

Leicester at risk of breaching EFL profit and sustainability regulations

Leicester City are at risk of breaking the EFL’s profit and sustainability regulations, raising concerns about a possible points deduction

www.theguardian.com

Leicester City facing immediate punishment if they earn Premier League promotion

The Foxes are flying high at the top of the Championship table and look odds on for promotion - but Enzo Maresca's side could be dealt a significant blow on their return to the top flight

www.mirror.co.uk

Chickens have come home to roost. But does this mean the charge won't be applied until next season if they go up...? Or punish them now and also prevent them getting promoted.

You can't break rules to stay in the premier league, or get back sooner and not expect consequences!

 

[Marty]

Chickens have come home to roost. But does this mean the charge won't be applied until next season if they go up...? Or punish them now and also prevent them getting promoted.

You can't break rules to stay in the premier league, or get back sooner and not expect consequences!

The EFL can't enact a PL punishment so they'll get it next season if they go up

 

[SirHarryHotspur]

Amazing some clubs are waiting to the last minute to publicly publish their accounts for year ending 2023.
Spurs still haven't published even though we have nothing to fear on FFP/PSR , Leicester haven't made theirs public yet either , deadline at Companies House is 31st March so not long to go.

Leicester charged with failing to submit audited accounts so it seems another set of owners not fit to be in charge of a football club in this country , where's the football regulator when you need him/her.

 

[allatsea]

Amazing some clubs are waiting to the last minute to publicly publish their accounts for year ending 2023.
Spurs still haven't published even though we have nothing to fear on FFP/PSR , Leicester haven't made theirs public yet either , deadline at Companies House is 31st March so not long to go.

Leicester charged with failing to submit audited accounts so it seems another set of owners not fit to be in charge of a football club in this country , where's the football regulator when you need him/her.

Surely Leicester should get a points deduction just for failing to submit their accounts on time ?

 

[Marty]

Surely Leicester should get a points deduction just for failing to submit their accounts on time ?

You'd have thought there would have to be some sort of sanction for a late submittal.

Like when Rio Ferdinand had to serve a doping ban for failing to turn up to a test, despite never actually testing positive for anything. Failure to follow the rules has to be punished.