collapse collapse

Please donate to help keep this site going.

The Fanzine

Heroes & Villains Fanzine

Get your fix of all things Claret & Blue by subscribing to the online version!

* H&V Best Of

Recent Posts

Re: Wolves v Aston Villa Post Match Thread by dcdavecollett
[Today at 01:10:41 AM]


Re: Dalian Atkinson by paul_e
[Today at 12:10:54 AM]


Re: Dalian Atkinson by Toronto Villa
[Today at 12:03:24 AM]


Re: Wolves v Aston Villa Post Match Thread by paul_e
[November 13, 2019, 11:01:06 PM]


Re: Villa Park Changes & Commonwealth Games by The Edge
[November 13, 2019, 10:46:36 PM]


Re: Wolves v Aston Villa Post Match Thread by mike
[November 13, 2019, 10:08:57 PM]


Re: Dalian Atkinson by mike
[November 13, 2019, 10:04:16 PM]


Re: Wolves v Aston Villa Post Match Thread by TelfordVilla
[November 13, 2019, 09:43:09 PM]

Follow us on...

Author Topic: Financial fair play  (Read 108960 times)

Offline martin o`who??

  • Member
  • Posts: 1272
  • Location: No mans land
  • Apparently I am my own worst enemy.
Re: Financial fair play
« Reply #630 on: October 17, 2018, 07:43:55 AM »
If the likes of Citeh and Chelski can drive a coach and Horses through it so can anyone else - oh sorry they can`t...

Offline Damo70

  • Member
  • Posts: 22986
Re: Financial fair play
« Reply #631 on: October 17, 2018, 11:52:29 AM »
Calling H & V accountants. Christian Purslow appears to have unequivocally stated that we are fine by FFP regs. Can I now stop worrying or is this double speak?

You would think that he knows the FFP rules inside out and as you say he seemed totally unconcerned about it possibly holding us back. Although I suppose ultimately only time will tell. Our in and out transfer dealings in January should tell us more.

Offline Hookeysmith

  • Member
  • *
  • Posts: 9002
  • Location: One hand on the handle of the mad / sane door
  • GM : 25.01.2020
Re: Financial fair play
« Reply #632 on: October 17, 2018, 01:23:45 PM »
I would imagine that the sight of our owners lawyers walking into the FA offices might put a dampener on any action they may want to take against us

Offline Toronto Villa

  • Member
  • *
  • Posts: 39006
  • Age: 46
  • Location: Toronto, Canada
  • GM : 22.01.2020
Re: Financial fair play
« Reply #633 on: October 17, 2018, 01:26:17 PM »
He said the debts are cleared and categorically stages we would respect the FFP rules. Players will no doubt be sold but there’s clearly some resources beyond that to help Dean in January.

Online KRS

  • Member
  • Posts: 5502
Re: Financial fair play
« Reply #634 on: October 17, 2018, 01:57:38 PM »
Guess it depends on how much we’ll be spending...I’m guessing we’ll bring in loans, cheaper players identified by Deano and Mendes rather than shopping in the £10m+ market.
 

Offline brian green

  • Member
  • *
  • Posts: 14081
  • Age: 81
  • Location: Nice France
  • GM : 19.06.2020
Re: Financial fair play
« Reply #635 on: October 17, 2018, 02:07:15 PM »
I think Dean will make saleable assets out of players Bruce refused to use.

Offline eamonn

  • Member
  • *
  • Posts: 19344
  • Location: Highgate
  • GM : 26.07.2020
Re: Financial fair play
« Reply #636 on: October 17, 2018, 05:17:43 PM »
I wonder is there a "gentleman's agreement" with Brentford that we not come after their bright lights in January, though I'm not sure how common that kind of thing is.

Offline purpletrousers

  • Member
  • *
  • Posts: 849
  • Location: Luton / East London
  • GM : 13.04.2020
Re: Financial fair play
« Reply #637 on: October 17, 2018, 05:20:07 PM »
I wonder is there a "gentleman's agreement" with Brentford that we not come after their bright lights in January, though I'm not sure how common that kind of thing is.

With the Brentford model, more likely they'd make an agreement that we had to!

Offline SashasGrandad

  • Member
  • Posts: 3201
  • Age: 61
  • Location: Retired in Walsall Wood
  • GM : Jan, 2013
Re: Financial fair play
« Reply #638 on: October 17, 2018, 08:07:17 PM »
He said the debts are cleared and categorically stages we would respect the FFP rules. Players will no doubt be sold but there’s clearly some resources beyond that to help Dean in January.

By not having to pay interest on the loans we can probably afford at least an extra loan player.

If we keep selling out home games that will also provide an extra income to spend.
« Last Edit: October 17, 2018, 08:09:09 PM by SashasGrandad »

Offline Matt Collins

  • Member
  • Posts: 10884
Re: Financial fair play
« Reply #639 on: October 17, 2018, 10:21:50 PM »
I really don't understand how we can be ok

Its a profit and loss test. We cant retrospectively change historic losses. And I thought we were right up against the limit such that we needed to break even this year, despite a) losing £5m per month and b) losing our parachute payments

Id like a clearer explanation having bought the plan B bollocks last year

Offline Ads

  • Member
  • *
  • Posts: 27230
  • Location: Welcome to Trasimene
  • GM : 26.03.2020
Re: Financial fair play
« Reply #640 on: October 17, 2018, 11:17:35 PM »
Whatever happens I imagine being very serious about compliance gets you a lot more discretion, as it is discretionary, than going fuck it, I'll do what I want.

Offline Ad@m

  • Member
  • *
  • Posts: 8017
  • GM : 01.02.2020
Re: Financial fair play
« Reply #641 on: October 18, 2018, 05:52:05 AM »
Whatever happens I imagine being very serious about compliance gets you a lot more discretion, as it is discretionary, than going fuck it, I'll do what I want.

I can't imagine that us saying all the right things publicly while absolutely blitzing the spend limits will be much of a defence.

Offline ChicagoLion

  • Member
  • Posts: 8335
  • Location: Chicago
Re: Financial fair play
« Reply #642 on: October 18, 2018, 06:54:49 AM »
Maybe Jacks new contract and sell on clause has helped.

Offline Ads

  • Member
  • *
  • Posts: 27230
  • Location: Welcome to Trasimene
  • GM : 26.03.2020
Re: Financial fair play
« Reply #643 on: October 18, 2018, 07:10:29 AM »
No I agree, but I don't think we have. Snoddy and Terry were £110k a week in wages. I would imagine that the signings we've made are covered by that. I highly doubt we've made Bolasie our hughest paid player ever, especially when Boro agreed the same package with Everton.

Offline PeterWithe

  • Member
  • *
  • Posts: 3167
  • Location: Birmingham.
  • GM : 26.01.2020
Re: Financial fair play
« Reply #644 on: October 18, 2018, 07:35:20 AM »
Maybe Jacks new contract and sell on clause has helped.

How so?

He’d presumably be on more money than on his previous contract and the sell on fee can’t help until it’s realised?