Financial Fair Play (general thread)

[SirHarryHotspur]

Same sort of story on BBC and a lot easier to read than anything on Twitnews. When the football regulator is installed really hope they have the power to make all transfer fees public but I doubt they will.

Have Chelsea, Villa, Everton and Newcastle found a PSR loophole?

With several Premier League clubs trading home-grown academy players between themselves, is this another PSR loophole?

www.bbc.co.uk

 

[Wheeler Dealer]

Same sort of story on BBC and a lot easier to read than anything on Twitnews. When the football regulator is installed really hope they have the power to make all transfer fees public but I doubt they will.

Have Chelsea, Villa, Everton and Newcastle found a PSR loophole?

With several Premier League clubs trading home-grown academy players between themselves, is this another PSR loophole?

www.bbc.co.uk

However much the Premier League shout that they are in control, each day that passes indicates that clubs are blatantly taking the piss out of them. It needs a belt and braces review before football is finally destroyed.

 

[SirHarryHotspur]

However much the Premier League shout that they are in control, each day that passes indicates that clubs are blatantly taking the piss out of them. It needs a belt and braces review before football is finally destroyed.

The PL is a mess with the FFP/PSR rules being changed it seems weekly.
Not sure what how the rules were agreed on in the EFL but they seem to have a much clearer rule book.
In appendix 5 there is a rule on selling fixed assets Chelsea style and the EFL also have a fair market value and ATP rules that can be decided on by independent valuation, the same sort of rules that Man C don't like , it would appear that whichever legal team drew up the rules also thought they were compatible with competition rules in English Law.

Homepage - The English Football League

The Official home of the English Football League

www.efl.com

 

[cliff jones]

is that BBC story a plant by Chelsea? Comparing the deals being done now to Newcastle paying 45 for Gordon who'd already played 78 games or something?

 

[mmidgers]

Scrap the premier League and start again minus these cheating clubs. It's all too messy now. Send them into oblivion.

 

[SirHarryHotspur]

The Man C APT case against the PL not strictly FFP/PSR but it's all connected . There hasn't been any info about this arbitration and we are not certain it's even happening then found this little bit in a Guardian article, so will it be a secret forever.

"The case will be heard in private and there will be no public acknowledgment of any outcome, nor the reasons behind it."

Manchester City’s legal case has power to blow Premier League’s house down | Paul MacInnes

Champions’ claims threaten the collectivism that has been central to the league’s success over three decades

www.theguardian.com

 

[spursfan77]

The Man C APT case against the PL not strictly FFP/PSR but it's all connected . There hasn't been any info about this arbitration and we are not certain it's even happening then found this little bit in a Guardian article, so will it be a secret forever.

"The case will be heard in private and there will be no public acknowledgment of any outcome, nor the reasons behind it."

Manchester City’s legal case has power to blow Premier League’s house down | Paul MacInnes

Champions’ claims threaten the collectivism that has been central to the league’s success over three decades

www.theguardian.com

We’ll know though if suddenly Newcastle announce a billion quid deal with some obscure Arabian company that the PL lost. If that happens then the result will be obvious.

 

[Frozen_Waffles]

is that BBC story a plant by Chelsea? Comparing the deals being done now to Newcastle paying 45 for Gordon who'd already played 78 games or something?

Gordon was a standout player both for Everton and England under 21s. It was still probably a little on the high side, but not surprising giving its Newcastle.

But the idea is your buying a player for the first team squad, someone who'll play 20 games a season at least with the potential for many more.

What Chelsea are doing is signing players that won't now and probably ever see a 20 game season. And they're paying (relatively) huge amounts. This is nothing new from Chlesea though. The Abramovic era signings of youngsters were incredibly dodgy.

What could help with this is a limit on how many players who are over 18 and on the books at a club. Also stricter limits on loans.

The multi club ownership needs to be stamped right out as well.

 

[cockerel downunder]

It’s funny how you can’t artificially inflate sponsorship value but apparently it’s ok with players.

Also these deals are very similar to the one juve and paratici got in trouble for - inflating value of swapped players to make the accounts look better.

 

[SirHarryHotspur]

Re inflated deals Juve and Paratici got into to trouble over the capital gains aspect and stock market manipulation as Juve are listed on the Milan stock exchange , although Paratici was banned from football by the Italian FA as far as I am aware neither he or Juve have faced any criminal charges yet.

And talking about inflated deals what is this all about in BBC gossip, it is The Sun so pinch of salt and Lyon do not pay that sort of money for anyone (have they spent our N'dombele money yet)

Once the Euros are over expect there will be a whole load of dodgy financial deals going on for everyone to pick the bones over.

Newcastle forward Yankuba Minteh has rejected a move to Lyon despite the French club agreeing a £40m fee for the 19-year-old Gambia international. (Sun)

 

[felmani26]

 

[Wheeler Dealer]

Re inflated deals Juve and Paratici got into to trouble over the capital gains aspect and stock market manipulation as Juve are listed on the Milan stock exchange , although Paratici was banned from football by the Italian FA as far as I am aware neither he or Juve have faced any criminal charges yet.

And talking about inflated deals what is this all about in BBC gossip, it is The Sun so pinch of salt and Lyon do not pay that sort of money for anyone (have they spent our N'dombele money yet)

Once the Euros are over expect there will be a whole load of dodgy financial deals going on for everyone to pick the bones over.

Newcastle forward Yankuba Minteh has rejected a move to Lyon despite the French club agreeing a £40m fee for the 19-year-old Gambia international. (Sun)

Are Lyon owned or linked in anyway to the Saudi PIF?

 

[SirHarryHotspur]

Are Lyon owned or linked in anyway to the Saudi PIF?

Don't know about that but the owner of Lyon is John Textor through Eagle Football Holdings which also owns a minority percentage of Palace shares , he wanted to sell his shares in Palace and buy Everton which has now fallen through , so wouldn't be surprised about anything where football is concerned these days if he does have any dealings with PIF.

 

[jay2040]

How much further along would we have been without Chelsea for a decade and then Citeh on top of that for the last 10 years?

Utter bastards.

You can't blame them for our lack of trophies. That's just silly.
Leicester managed it!

 

[jay2040]

I would say the opposite - without chelsea (and later Man City) Spurs would probably have been in the Champions League the vast majority of the last 20 years, would have a far higher profile, better players, and probably have won something in that time........those two clubs have kept Spurs on the periphery for much of that time.

It's all our own doing and transfer policy or lack of at times!

 

[allatsea]

You can't blame them for our lack of trophies. That's just silly.
Leicester managed it!

Leicester managed it because the Refs allowed them to play rugby rather than football.

 

[cjsimba]

The horse has already bolted though right? Or are they able to punish retroactively those 'swap deals' conducted over the last couple of weeks?

 

[PCozzie]

The horse has already bolted though right? Or are they able to punish retroactively those 'swap deals' conducted over the last couple of weeks?

Sound like they're saying 'If you'd just kept it low-key, one or two little deals then we'd have turned a blind eye, but now you're taking the piss and we need to appear to be on top of it'.

[From the article]. The PL '....has reminded clubs that it has the power to order the return of a transfer fee, in full or in part, to a buying club if it judges that the fee has been inflated', so yes it does sound like it has the power to act retrospectively if it feels the transfer was not 'at arm's length'.

 

[BehindEnemyLines]

The horse has already bolted though right? Or are they able to punish retroactively those 'swap deals' conducted over the last couple of weeks?

Those swap deals will be in their next set of accounts (following end of June), which I don't think get submitted to the PL until about February. .....it is incredibly hard to prove an "arms length" provision though (hence the issues with Man City), so will be interesting to see how they approach it.

 

[SirHarryHotspur]

The horse has already bolted though right? Or are they able to punish retroactively those 'swap deals' conducted over the last couple of weeks?

PL should still be able to deal with it as those deals will appear in the clubs accounts for this financial year. e.g Villa's financial year ended on May 31st 2024 so any deals after that will be shown in their 24/25 accounts which won't be published until next year.
PL have gone back to 2010 or so to charge City so there are no time limits.

PS Let's get HMRC involved and tax dodgy deals..

CG14541 - Consideration for disposal: market value rule: at arm's length - HMRC internal manual - GOV.UK

www.gov.uk