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Author Topic: Financial fair play  (Read 98276 times)

Offline TheMalandro

  • Member
  • Posts: 10895
  • GM : 06.03.2016
Re: Financial fair play
« Reply #930 on: April 25, 2019, 09:16:41 PM »
I get the same feeling about why no club has ever, as far as my limited knowledge extends, sued a player for failing to discharge the requirements of his contract with the club eg to attend training even if his front gates are jammed.

Completely different circumstances, but is Mutu the only player that has been sued for breach of contract - or indeed sued for any reason by their club?

Offline Villa75

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  • Posts: 895
Re: Financial fair play
« Reply #931 on: April 25, 2019, 09:50:18 PM »
I thought we lost £36.1 million just in one season? How are we going to stay within the limits over three seasons? Surely we're not expecting to make a massive profit from this season?

2016
FFP Loss of £26.3m
2017
FFP Loss of £5.7m
2018
FFP loss of £26.4m

Total FFP Loss of £58.4m

Allowable Loss of £61m

We're compliant by £2.6m


If we don't get promoted this season are allowable losses are reduced to £39 million.

BBC are reporting our losses for last season were £36.1 million. Is that incorrect?

Offline Dave P

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  • Location: The Ditch
  • GM : PCM
Re: Financial fair play
« Reply #932 on: April 26, 2019, 10:06:49 AM »
I thought we lost £36.1 million just in one season? How are we going to stay within the limits over three seasons? Surely we're not expecting to make a massive profit from this season?

2016
FFP Loss of £26.3m
2017
FFP Loss of £5.7m
2018
FFP loss of £26.4m

Total FFP Loss of £58.4m

Allowable Loss of £61m

We're compliant by £2.6m


If we don't get promoted this season are allowable losses are reduced to £39 million.

BBC are reporting our losses for last season were £36.1 million. Is that incorrect?

Losses associated to FFP are different.  For example, losses for academy spend is not accounted for.

Offline Villa75

  • Member
  • Posts: 895
Re: Financial fair play
« Reply #933 on: April 26, 2019, 11:58:34 AM »
I thought we lost £36.1 million just in one season? How are we going to stay within the limits over three seasons? Surely we're not expecting to make a massive profit from this season?

2016
FFP Loss of £26.3m
2017
FFP Loss of £5.7m
2018
FFP loss of £26.4m

Total FFP Loss of £58.4m

Allowable Loss of £61m

We're compliant by £2.6m


If we don't get promoted this season are allowable losses are reduced to £39 million.

BBC are reporting our losses for last season were £36.1 million. Is that incorrect?

Losses associated to FFP are different.  For example, losses for academy spend is not accounted for.

Ah. Right.

So, if we don't get promoted this season, and our FFP losses are less than £4 million, we'll be ok.

Does anyone know the cut off date, for getting our figures right?

Offline kippaxvilla2

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  • Posts: 14789
  • Location: Back in Solihull
Re: Financial fair play
« Reply #934 on: April 26, 2019, 01:02:57 PM »
If we do not get promoted this season, Jack and the others out of contract will be moved on to balance the books.  Jack, on the face of it, is a straight to the bottom line upside of whatever he goes for. 

Offline Dave P

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  • Location: The Ditch
  • GM : PCM
Re: Financial fair play
« Reply #935 on: April 26, 2019, 06:15:25 PM »
If we do not get promoted this season, Jack and the others out of contract will be moved on to balance the books.  Jack, on the face of it, is a straight to the bottom line upside of whatever he goes for. 

Correct as he is an academy graduate. Anything we get is pure 100% profit

Offline Villa75

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  • Posts: 895
Re: Financial fair play
« Reply #936 on: April 27, 2019, 11:06:22 AM »
Again, when do the figures have to match up?

Could we keep everybody until the next Jan transfer window, and then sell to balance the books?

Offline amfy

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  • Posts: 3470
  • Location: L7
  • GM : 24.06.2020
Re: Financial fair play
« Reply #937 on: April 27, 2019, 11:14:23 AM »
Again, when do the figures have to match up?

Could we keep everybody until the next Jan transfer window, and then sell to balance the books?

I imagine thatíd be a pretty risky strategy. The January window is not such a good trading time and if other clubs know we need to sell it could drive prices down & force us to sell more players.

Offline Villa75

  • Member
  • Posts: 895
Re: Financial fair play
« Reply #938 on: April 27, 2019, 11:50:49 AM »
Again, when do the figures have to match up?

Could we keep everybody until the next Jan transfer window, and then sell to balance the books?

I imagine thatíd be a pretty risky strategy. The January window is not such a good trading time and if other clubs know we need to sell it could drive prices down & force us to sell more players.

I agree, to a certain extent. But isn't it already common knowledge that  we'd be selling because we have to?

It would be nice to start next season on the front foot, and get a decent start, before selling the crown jewels. If that's even possible.

Of course we could always get promoted. Fingers crossed.

Offline amfy

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  • Location: L7
  • GM : 24.06.2020
Re: Financial fair play
« Reply #939 on: April 27, 2019, 11:21:58 PM »
In the summer we would still have January though, & January is a tight window so the whole thing just gets more difficult I think.

 Thereís also a good chance of everyone being fit at the start of the season - we could go into January with injuries to players who we need to shift. That would have been the case this year if we had needed to seek Jack in January!

.....or injuries to other players could make us more reliant on players that we had hoped to move on.

Offline sid1964

  • Member
  • Posts: 1009
  • Location: Dudley, not far from the Castle
Re: Financial fair play
« Reply #940 on: April 30, 2019, 04:26:16 PM »
Just read that the owners have given us another £22 million - are we heading towards an FFP fine?

Offline Villafirst

  • Member
  • Posts: 5075
Re: Financial fair play
« Reply #941 on: April 30, 2019, 06:40:56 PM »
Just read that the owners have given us another £22 million - are we heading towards an FFP fine?

A share issue though?

Offline Woofles The Wonder Dog

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  • Location: East Sussex
  • GM : 23.01.2020
Re: Financial fair play
« Reply #942 on: April 30, 2019, 07:40:40 PM »
Just read that the owners have given us another £22 million - are we heading towards an FFP fine?

A share issue though?

Thereís a limit to what the owners can contribute through share issues. According to the EFL site for 2015/16 it was £8m, so itís probably more now but Iíd guess not £22m.

Offline kippaxvilla2

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  • Posts: 14789
  • Location: Back in Solihull
Re: Financial fair play
« Reply #943 on: May 05, 2019, 11:11:49 AM »
Isnít it £8m per shareholder.

Offline ChicagoLion

  • Member
  • Posts: 7910
  • Location: Chicago
Re: Financial fair play
« Reply #944 on: May 05, 2019, 12:16:25 PM »
There is no way that the league can stop someone giving money to the club ( unless of course the money is the proceeds of crime).
The way it is accounted is a different matter.