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Author Topic: Financial fair play  (Read 72353 times)

Offline Ad@m

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Re: Financial fair play
« Reply #735 on: February 13, 2019, 12:27:45 PM »
Lots of players take all the set pieces for their clubs, not many are as good at it as him though which is why he's joint 3rd for assists in the league. He's a limited player but he gets so many assists because he's very good at that part of his job.

Exactly.  Also, of the 13 goals and assists he's contributed this season, only 8 of them have come from set pieces, so he's not exactly a one-trick pony.

Offline Matt Collins

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Re: Financial fair play
« Reply #736 on: February 15, 2019, 05:49:02 PM »
I don't see how anyone can doubt his productivity. All you need to do is compare his stats to others. Other team have midfielders who take set pieces too! Seems fricking obvious to me

It's more that his influence on the game outside of that is so poor

Online ChicagoLion

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Re: Financial fair play
« Reply #737 on: February 15, 2019, 06:35:41 PM »
The stat that says since we built the midfield around him we have have won 2 in 12.

Offline LowerNorthStand

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Re: Financial fair play
« Reply #738 on: February 17, 2019, 07:56:27 AM »
Guys with this amount of money do not leave anything to chance. If there was a whiff of issues relating to FFP then they very quickly made their first appointment not only a very experienced CEO  but a guy who helped write the FFP rules.

His first statement was along the lines of "clean slate" & "No issues with FFP"

They must know things we dont

Haha sounds like a brown envelope job to me

Offline Des Little

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Re: Financial fair play
« Reply #739 on: February 17, 2019, 09:48:56 AM »
How devasting would it be to be clobbered by FFP and still be absolutely shit.

Offline Ads

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Re: Financial fair play
« Reply #740 on: February 17, 2019, 10:06:54 AM »
I don't think we will be.

Everything about the Noses 12 point penalty seems to me to be brought about by their aggravation of their rule breaking, by not only violating them, but putting their fingers in their ears to the EFL's plan.

We are losing Whelan, Elmo, Elphick, Jedinak and Hutton as a matter of course. I wouls imagine thats anywhere between £7-8m in wages.


Offline LowerNorthStand

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Re: Financial fair play
« Reply #741 on: February 17, 2019, 10:20:40 AM »
I don't think we will be.

Everything about the Noses 12 point penalty seems to me to be brought about by their aggravation of their rule breaking, by not only violating them, but putting their fingers in their ears to the EFL's plan.

We are losing Whelan, Elmo, Elphick, Jedinak and Hutton as a matter of course. I wouls imagine thats anywhere between £7-8m in wages.

And Big Micah  8)

Offline Captain Sensible

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Re: Financial fair play
« Reply #742 on: February 17, 2019, 10:25:35 AM »
I don't think we will be.

Everything about the Noses 12 point penalty seems to me to be brought about by their aggravation of their rule breaking, by not only violating them, but putting their fingers in their ears to the EFL's plan.

We are losing Whelan, Elmo, Elphick, Jedinak and Hutton as a matter of course. I wouls imagine thats anywhere between £7-8m in wages.

Sadly thatís not correct. Our very clear problem is far exceeding the maximum permitted losses of £39m in 3 seasons, being 2016/7, 2017/8 and now 2018/9.  We have done nowhere near enough to slash the wage bill and sell players over the past 12 months and have effectively stuck two fingers up to the EFL.

Maybe we gambled on going up this season (which wouldnít have saved us as the PL and EFL have now committed to enforce each otherís sanctions).  Maybe the club has relied on new owners wiping the FFP slate clean (no, that doesnít work otherwise a sale of a club would always be a get-our for reckless behavior).  Maybe the board gambled on selling Grealish in January (which his injury scuppered and selling anyone in the summer wonít work because itís our accounts to 31/5/19 which count, and the window doesnít open till 1st July.  Maybe Purslow thinks selling the training ground for an inflated price will wipe out the FFP losses before 31 May (the EFL will be all over the value attributed to any such sale to ensure that it is a fully arms length price).

Iíve been astonished at our transfer activity (or lack of sales) in the past 12 months.  Iíve been even more astonished at our signings of loan players on high wages. Weíve done nothing to try to comply with the very clear FFP problem.   

Rocky waters ahead, but there are few similarities with Bluesí  position.

Offline LowerNorthStand

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Re: Financial fair play
« Reply #743 on: February 17, 2019, 10:26:55 AM »
How devasting would it be to be clobbered by FFP and still be absolutely shit.

Yes I agree with this. At least the kids may get a chance.

We are still lumbered with Hogan, Lansbury, Kodjia etc what exactly are they contributing for the amount we are paying them?

Ross McCormack still has a year or so on his deal I think??  ::) He gets 2.3 million a year...

Once again I dont believe Aston Villa in terms of this FFP as Captain Sensible writes above. The numbers dont add up folks.

Offline Ads

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Re: Financial fair play
« Reply #744 on: February 17, 2019, 10:48:12 AM »
I don't think we will be.

Everything about the Noses 12 point penalty seems to me to be brought about by their aggravation of their rule breaking, by not only violating them, but putting their fingers in their ears to the EFL's plan.

We are losing Whelan, Elmo, Elphick, Jedinak and Hutton as a matter of course. I wouls imagine thats anywhere between £7-8m in wages.

Sadly thatís not correct. Our very clear problem is far exceeding the maximum permitted losses of £39m in 3 seasons, being 2016/7, 2017/8 and now 2018/9.  We have done nowhere near enough to slash the wage bill and sell players over the past 12 months and have effectively stuck two fingers up to the EFL.

Maybe we gambled on going up this season (which wouldnít have saved us as the PL and EFL have now committed to enforce each otherís sanctions).  Maybe the club has relied on new owners wiping the FFP slate clean (no, that doesnít work otherwise a sale of a club would always be a get-our for reckless behavior).  Maybe the board gambled on selling Grealish in January (which his injury scuppered and selling anyone in the summer wonít work because itís our accounts to 31/5/19 which count, and the window doesnít open till 1st July.  Maybe Purslow thinks selling the training ground for an inflated price will wipe out the FFP losses before 31 May (the EFL will be all over the value attributed to any such sale to ensure that it is a fully arms length price).

Iíve been astonished at our transfer activity (or lack of sales) in the past 12 months.  Iíve been even more astonished at our signings of loan players on high wages. Weíve done nothing to try to comply with the very clear FFP problem.   

Rocky waters ahead, but there are few similarities with Bluesí  position.

My point was I don't think the Noses would have received a recommendation for 12 points deducted, but for promising new sources of income, which didn't materialise and then deciding to sign players while embargoed.

Our wage bill dramatically reduce  plus we have saleable assets if needs be.

Offline Dave P

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Re: Financial fair play
« Reply #745 on: February 17, 2019, 10:58:19 AM »
Agreed. Simply failing the financial loss threshold is punishable by a fine as has been the case in the past. The EFL are looking to throw the book at the noses by, amongst other things, signing a player under embargo.

Offline Captain Sensible

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Re: Financial fair play
« Reply #746 on: February 17, 2019, 11:01:42 AM »
I don't think we will be.

Everything about the Noses 12 point penalty seems to me to be brought about by their aggravation of their rule breaking, by not only violating them, but putting their fingers in their ears to the EFL's plan.

We are losing Whelan, Elmo, Elphick, Jedinak and Hutton as a matter of course. I wouls imagine thats anywhere between £7-8m in wages.

Sadly thatís not correct. Our very clear problem is far exceeding the maximum permitted losses of £39m in 3 seasons, being 2016/7, 2017/8 and now 2018/9.  We have done nowhere near enough to slash the wage bill and sell players over the past 12 months and have effectively stuck two fingers up to the EFL.

Maybe we gambled on going up this season (which wouldnít have saved us as the PL and EFL have now committed to enforce each otherís sanctions).  Maybe the club has relied on new owners wiping the FFP slate clean (no, that doesnít work otherwise a sale of a club would always be a get-our for reckless behavior).  Maybe the board gambled on selling Grealish in January (which his injury scuppered and selling anyone in the summer wonít work because itís our accounts to 31/5/19 which count, and the window doesnít open till 1st July.  Maybe Purslow thinks selling the training ground for an inflated price will wipe out the FFP losses before 31 May (the EFL will be all over the value attributed to any such sale to ensure that it is a fully arms length price).

Iíve been astonished at our transfer activity (or lack of sales) in the past 12 months.  Iíve been even more astonished at our signings of loan players on high wages. Weíve done nothing to try to comply with the very clear FFP problem.   

Rocky waters ahead, but there are few similarities with Bluesí  position.

My point was I don't think the Noses would have received a recommendation for 12 points deducted, but for promising new sources of income, which didn't materialise and then deciding to sign players while embargoed.

Our wage bill dramatically reduce  plus we have saleable assets if needs be.

The Blues recommendation seems to be 6 points for the loss levels (ours are far higher) and 9 points for signing a player whilst under embargo.

You are completely missing the point re timing.  Any steps to sell assets or to reduce wages had to have happened in this current financial year (which ends 31st May 2019) in order to be effective. What we do in the summer window doesnít affect the figures to 31st May 2019!   The ONLY asset of any value which can be sold before 31 May 2019 is the training ground, and it would need to be at a massively inflated and artificial price to cover the FFP losses - and anything inflated or artificial wonít pass the test. 

Itís all far too late.  The amount of ground to make up is far too vast.  Donít forget also that FFP is a rolling 3-year test.  Maximum permitted losses are £39m in each 3-year period. It looks certain therefore that we will breach it again next season, and the season after, before the impact of the remedial steps to cut the annual losses (which havenít really started yet) have the required effect.

The extent of the problem is massive - unless a sale of the training ground somehow succeeds.

Offline Captain Sensible

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Re: Financial fair play
« Reply #747 on: February 17, 2019, 11:05:33 AM »
Agreed. Simply failing the financial loss threshold is punishable by a fine as has been the case in the past. The EFL are looking to throw the book at the noses by, amongst other things, signing a player under embargo.

Wrong.  QPR got clobbered with £42m fines and transfer embargoes and that was BEFORE the rules were tightened up to make everything far more enforceable.

This is the sort of complacency that the clubís hierarchy is guilty of.  Last summer needed drastic action.  It didnít happen.

Offline Clampy

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Re: Financial fair play
« Reply #748 on: February 17, 2019, 11:08:44 AM »
Well Purslow doesn't seem to think there will be a problem so let's wait and see shall we.

Offline Captain Sensible

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Re: Financial fair play
« Reply #749 on: February 17, 2019, 11:29:55 AM »
Well Purslow doesn't seem to think there will be a problem so let's wait and see shall we.

Purslow appears to be staking everything on number 26 red coming up at the casino.  If heís right, then heís played a blinder. But if heís wrong....