Nick-TopSpursMan
Well-Known Member
- Aug 4, 2005
- 5,066
- 28,471
Decent explainer here:
Financial Fair Play (general thread)
- Thread starter GMI
- Start date
cookiemonster
Well-Known Member
- Dec 29, 2005
- 2,807
- 6,102
Little Levy is a financial fair play in person
Just get everyone to follow him
Just get everyone to follow him
Albertbarich
Well-Known Member
- Jul 4, 2020
- 7,551
- 29,185
Give it a year before someone (Chelsea) find some loophole to cheat their way round it
It sounds like a good idea. Id hope even the PFA recognise that football can't continue to go down this current route.
It sounds like a good idea. Id hope even the PFA recognise that football can't continue to go down this current route.
brasil_spur
SC Supporter
- Aug 25, 2006
- 13,477
- 19,211
This backstop IMO is basically designed to stop Chelsea and others finding loop holes around the UEFA 70% rule. Because with that (and the new version of PL PSR) clubs will be able to keep spending levels high by finding forms of revenue like sponsorships and selling themselves their own assets as a way around 70&% by simply increasing the revenue coming in.
With TV rights the amount is fixed and cannot be increased at a club level, so the backstop means that any dodgy deals that Chelsea and others are doing to inflate their revenue streams won't count for anything.
so what happens with the the excess revenue the clubs make beyond the 5x bottom club tv revenue limit
so if we've been building the stadium, getting the gigs in and generally catching up revenue-wise with the big boys. does this mean we can't spend it?
so if we've been building the stadium, getting the gigs in and generally catching up revenue-wise with the big boys. does this mean we can't spend it?
brasil_spur
SC Supporter
- Aug 25, 2006
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Not really as right now only Chelsea are over the limit and they've spent £1bn in the last few windows on players. So basically we can't spend £1bn every few windows, but otherwise we can match the spending of the big clubs like City etc...
Also what the 70% rule does is force many clubs who operate below us off the field, but have wealthy owners pumping in dodgy cash, to operate at a level even further below us rather than overtake us with owner backed funds.
What it also means is that we need to sharpen up our player recruitment, which we have been doing, and be more ruthless on selling players.
For example if we buy a player like Ndombele for say £50m on a 5 year deal on £96k per week, then each year we have £10m of amortisation and £5m of wages. If after year 1 we realised he was a bit shite but we could still get say £25m for him then we should sell him as A) His amortised book value is now £40m and with the £25m incoming that means only £15m write down on the books - we would have written down £10m anyway and this way he's gone and so no future years write down and B) wages come off the accounts too, which saves us £5m - so year 2 is the same as keeping him on the books, but years 3-5 are now zero cost on the books to us and we can bring someone else in. This has been a massive weakness of Levy's IMO - not knowing when to cut our losses on players so that we can keep investing.
What I think the better model going forwards will be is to sign more players for smaller fees. That way the good ones stay and salaries can be increased when needed, but amortisation values stay low and the bad ones can be moved on with minimal impact on the books. Also a cheaper player being loaned out like we did with Sarr or Udogie means is a big thing versus loaning out an expensive player like Ndombele, because whilst we can reduce our wages bill by loaning players out we can't reduce our amortisation costs.
Basically I think, if it's not already the case, that we need to start looking at players from an annual cost perspective, which is a combination of their amortised cost and their wages.
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SirHarryHotspur
Well-Known Member
- Aug 9, 2017
- 6,291
- 9,726
Nottingham Forest points deduction: Appeal rejected against four-point penalty
Nottingham Forest fail in an appeal against their four-point punishment for breaching Premier League profit and sustainability rules.
www.bbc.co.uk
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GMI
G.
- Dec 13, 2006
- 3,500
- 14,072
- Thread starter
- #469
Notwithstanding his allegiances I have a lot of time for Arsene.
www.theguardian.com
Has Wenger finally won the culture war over big money in football?
The Frenchman raged over the game’s super-rich when in charge of Arsenal. His hopes of a more level playing field may come to fruition
www.theguardian.com
archiewasking
Waiting for silverware..........
- Jul 5, 2004
- 8,151
- 12,840
Luton are awful. Whatever Forest do, I can't see Luton getting enough points to overhaul them.Forest will have to go all out against Chelsea on Saturday to try and get some points to make sure Luton can't catch them.Nottingham Forest points deduction: Appeal rejected against four-point penalty
Nottingham Forest fail in an appeal against their four-point punishment for breaching Premier League profit and sustainability rules.www.bbc.co.uk
SirHarryHotspur
Well-Known Member
- Aug 9, 2017
- 6,291
- 9,726
Sunak appears to be on the verge of giving us a date for the election , will Richard Masters follow suit and give us a date for the City trial ?
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Westmorlandspur
Well-Known Member
- Feb 1, 2013
- 4,157
- 6,827
Football governance bill not going ahead due to the election. Not sure if that means the football regulator is dead in the water or will be rehashed next year.
SirHarryHotspur
Well-Known Member
- Aug 9, 2017
- 6,291
- 9,726
It has full cross party support , should think it will just be delayed.
bubble07
Well-Known Member
- Dec 27, 2004
- 24,654
- 33,775
coy-spurs1882
Well-Known Member
- Aug 31, 2012
- 4,627
- 12,400
apparently GIbbs-White would cost 50m:
Tottenham learn Morgan Gibbs-White transfer asking price amid tough FFP stance
Latest Tottenham transfer news as the price tag for Morgan Gibbs-White emerges ahead of the summer transfer window
www.football.london
Also, I think there are more noises for Hudson-Odoi
arnoldlayne
Well-Known Member
- Aug 20, 2007
- 1,124
- 1,222
I've just read the plans for an independent football regulator have fallen through because of lack of time with the election - so bill dropped
Hopefully short term seeing how Keir Starmer is a football fan
Hopefully short term seeing how Keir Starmer is a football fan
Tucker
Shitehawk
- Jul 15, 2013
- 35,026
- 163,337
I fully expect it to be in both parties manifestos for the election. It has broad support in Parliament.
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