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Author Topic: Financial fair play  (Read 85127 times)

Offline eamonn

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  • Posts: 18938
  • Location: Highgate
Re: Financial fair play
« Reply #675 on: October 19, 2018, 08:18:20 PM »
You'd expect his parent club to chip in if we're paying them a loan fee as is normal.

Offline adrenachrome

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  • Location: The Foundry
Re: Financial fair play
« Reply #676 on: October 19, 2018, 08:48:26 PM »
You'd expect his parent club to chip in if we're paying them a loan fee as is normal.

Not when there are plenty of bidders. And we don't even know that there is a loan fee.

Agents are creative when it comes to generating revenue.

Offline Nastylee

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  • Posts: 2228
  • Location: A village in Worcs
Re: Financial fair play
« Reply #677 on: October 19, 2018, 09:57:33 PM »
We don't know for certain we are paying 100% of his wages other than a couple of paper articles. The same papers that had Henry nailed on for the manager's role, twice!

Offline dcdavecollett

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  • Posts: 904
Re: Financial fair play
« Reply #678 on: October 21, 2018, 03:04:31 PM »
Could the large chunks of land that we have reportedly purchased in Warwickshire be used in the calculations for FFP?

Offline eamonn

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  • Posts: 18938
  • Location: Highgate
Re: Financial fair play
« Reply #679 on: October 21, 2018, 05:07:00 PM »
Doubt it, as it will likely be a fixed asset and so Balance-Sheet based. It's Income and Expenditure where we, apparently, need to show an improvement.

Offline Cleybrooke

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  • GM : 28.10.2015
Re: Financial fair play
« Reply #680 on: October 22, 2018, 11:03:21 AM »
The best way of avoiding FFP issues is to make a profit.  You can do that by ensuring commercial sponsorship is as good as rules allow.

Now if only we had an Owner who was also on the board of big sports brand like Adidas...

Offline Sexual Ealing

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  • Posts: 6218
  • Location: West Ealing
  • GM : PCM
Re: Financial fair play
« Reply #681 on: October 22, 2018, 11:12:22 AM »
The best way of avoiding FFP issues is to make a profit.  You can do that by ensuring commercial sponsorship is as good as rules allow.

Now if only we had an Owner who was also on the board of big sports brand like Adidas...

No need, we have a bloke called Luke!

Online Dave P

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  • Posts: 11659
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Re: Financial fair play
« Reply #682 on: February 11, 2019, 10:44:04 AM »
The local media are reporting that the EFL will recommend to the disciplinary board that small heath will get a 12 point penalty for failing FFP.  They seem to think they could get that down on appeal to something like 6 now and 6 suspended but, given they are on course to break it again next year, they will get those points off, and possibly more, next season.

Before we snigger, should we be worried?  Any potential punishment for us would be next season as we haven't failed anything as yet.  Also, a lot of the EFL's gripe with blues is that the brazenly signed a player under embargo and haven't done much to make money.  Turning down 12m+ for Che Adams last week must have raised some questions.

Going up this season will dispel the worry once and for all but, if we don't, surely a deep dive into our accounts is coming?

The blues case is surely going to be the precedent and us, Forest and Bolton in particular should be watching quite closely.

Offline SoccerHQ

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  • Posts: 34597
  • Location: Down, down, deeper and Down.
  • GM : 15.06.2020
Re: Financial fair play
« Reply #683 on: February 11, 2019, 11:04:13 AM »
I think we'd get an embargo before any points deduction. It seems we were quietly given one in the chaos of last summer and it was lifted once we got the new owners on.

Offline Smoke

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  • Posts: 1587
  • Location: From Nowhere to Now Here
  • GM : Aug, 2013
Re: Financial fair play
« Reply #684 on: February 11, 2019, 11:17:26 AM »
FFP aint a thing. It's Profit & Sustainability.

Maybe one could argue, Billionnaire owners wiping all debt and placing 200 million into a clubs bank account for the sole and only use by that football would ensure that club is sustainable for the foreseeable future.

I'm not saying that has happened, but I think the rules aren't as cut & dried as some suggest on here.

I.e. those wierd equations we get on here where someone says we paid 3m for Joe Bloggs, paid him 40k a week for 6 years. If we sold him now for 2m it wouldn't make a difference to FFP so can't.

The only thing we all know for sure is, You MUST pay the tax man otherwise shit goes bad, fast.

Offline ChicagoLion

  • Member
  • Posts: 7509
  • Location: Chicago
Re: Financial fair play
« Reply #685 on: February 11, 2019, 11:20:49 AM »
FFP aint a thing. It's Profit & Sustainability.

Maybe one could argue, Billionnaire owners wiping all debt and placing 200 million into a clubs bank account for the sole and only use by that football would ensure that club is sustainable for the foreseeable future.

I'm not saying that has happened, but I think the rules aren't as cut & dried as some suggest on here.

I.e. those wierd equations we get on here where someone says we paid 3m for Joe Bloggs, paid him 40k a week for 6 years. If we sold him now for 2m it wouldn't make a difference to FFP so can't.

The only thing we all know for sure is, You MUST pay the tax man otherwise shit goes bad, fast.
Is a rules based protocol.

Offline Ads

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  • Posts: 25968
  • Location: The upside down
  • GM : 26.03.2020
Re: Financial fair play
« Reply #686 on: February 11, 2019, 11:37:12 AM »
The Noses are going to get a points deduction because they stuck two fingers up to the EFL.

Offline UK Redsox

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  • GM : 10.02.2020
Re: Financial fair play
« Reply #687 on: February 11, 2019, 11:42:44 AM »
The local media are reporting that the EFL will recommend to the disciplinary board that small heath will get a 12 point penalty for failing FFP.  They seem to think they could get that down on appeal to something like 6 now and 6 suspended but, given they are on course to break it again next year, they will get those points off, and possibly more, next season.

Before we snigger, should we be worried?  Any potential punishment for us would be next season as we haven't failed anything as yet.  Also, a lot of the EFL's gripe with blues is that the brazenly signed a player under embargo and haven't done much to make money.  Turning down 12m+ for Che Adams last week must have raised some questions.

Going up this season will dispel the worry once and for all but, if we don't, surely a deep dive into our accounts is coming?

The blues case is surely going to be the precedent and us, Forest and Bolton in particular should be watching quite closely.

If Birmingham City signed a player when they were not allowed to, did the EFL allow the registration to go through ?

Offline SoccerHQ

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  • Posts: 34597
  • Location: Down, down, deeper and Down.
  • GM : 15.06.2020
Re: Financial fair play
« Reply #688 on: February 11, 2019, 11:52:42 AM »
The local media are reporting that the EFL will recommend to the disciplinary board that small heath will get a 12 point penalty for failing FFP.  They seem to think they could get that down on appeal to something like 6 now and 6 suspended but, given they are on course to break it again next year, they will get those points off, and possibly more, next season.

Before we snigger, should we be worried?  Any potential punishment for us would be next season as we haven't failed anything as yet.  Also, a lot of the EFL's gripe with blues is that the brazenly signed a player under embargo and haven't done much to make money.  Turning down 12m+ for Che Adams last week must have raised some questions.

Going up this season will dispel the worry once and for all but, if we don't, surely a deep dive into our accounts is coming?

The blues case is surely going to be the precedent and us, Forest and Bolton in particular should be watching quite closely.

If Birmingham City signed a player when they were not allowed to, did the EFL allow the registration to go through ?

I think at the time the case was made it would be unfair to the player (Pedersen) to put him in limbo until January by not being allowed to play so transfer was reluctantly signed off with the EFL briefing to the media shaking their heads at the state of it all.

Seems certain now SHA will be deduced points which is good job as with Bolton at home tomorrow they'll likely only be a point or two off top 6 which can't be happening.

Them potentially finishing ahead of us after spending last two years scraping survival is bad enough.

Offline eamonn

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  • Location: Highgate
Re: Financial fair play
« Reply #689 on: February 11, 2019, 11:55:37 AM »
It's the only way we're going to finish ahead of them the way we're both playing at the moment. They were even able to put out the deckchairs in Sheps Bush on Saturday for the second half - oh the humanity!