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Author Topic: Financial fair play  (Read 104427 times)

Online Nastylee

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Re: Financial fair play
« Reply #885 on: April 10, 2019, 10:24:20 AM »
Any updates on this? When are we likely to know if which side of the £39m we fall?

Offline Ads

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Re: Financial fair play
« Reply #886 on: April 10, 2019, 03:00:34 PM »
It's not £39m, its £61m and we haven't failed it.

Offline Ad@m

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Re: Financial fair play
« Reply #887 on: April 10, 2019, 03:22:51 PM »
Any updates on this? When are we likely to know if which side of the £39m we fall?

You're looking in the wrong place.

The SHA site will no doubt have (at least) an entire thread and they'll all be far more knowledgeable about the current status than than us!!!

Offline eddiemunster

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Re: Financial fair play
« Reply #888 on: April 10, 2019, 05:18:49 PM »
As previously posted;

With regards to the 9 point deduction to those down the road, and the article in the Daily Heil, I suggest everyone actually read the EFL statement, which blows the Daily Heil article to bits.
https://www.efl.com/news/2019/march/efl-statement-birmingham-city/ or see below,

Note in the following, that Blues were the only team found to have breached the rules;

An EFL spokesman said: “The Profitability and Sustainability Rules, aligned with those in the Premier League, became effective in 2015/16. Season 2017/18 was the end of the first full reporting period with Birmingham City the only Club found to have breached those requirements, when it incurred adjusted losses of £48.787 million, £9.787 million in excess of the permitted losses.

Also for those crowing mind the gap etc the statement also says the following;

The parties have 14 days in which to appeal the decision, and in the circumstances no further comment will be made.
The Championship league table will be amended with immediate effect but it must be recognised that this remains subject to the outcome of any appeal.

Until we are named, as having broken the FFP rules, (which the EFL statement proves that we haven't), lets stop worrying eh??

Online Newby

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Re: Financial fair play
« Reply #889 on: April 10, 2019, 07:16:32 PM »
I presume with the fantastic attendances at Villa Park, we must be making quite a dent in FFP with gate receipts and merchandise too?

Offline Ad@m

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Re: Financial fair play
« Reply #890 on: April 10, 2019, 07:46:11 PM »
I presume with the fantastic attendances at Villa Park, we must be making quite a dent in FFP with gate receipts and merchandise too?

An extra 5,000 people paying £30 each gets you about 3 weeks of Scott Hogan - let that one sink in!!!!

Online amfy

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Re: Financial fair play
« Reply #891 on: April 12, 2019, 08:51:07 AM »
Having a season ticket in The Holte End for 50 years would pay Micah Richards for about 2 days.

That’s why you need to be a vocal supporter - your money on its own doesn’t help!

Offline Matt Collins

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Re: Financial fair play
« Reply #892 on: April 13, 2019, 06:41:52 AM »
The risk is about this season, which will be based on accounts posted next spring (but which will be being monitored in real time)

Yorkshire villain on twitter the most informative stuff I've found on this

Offline London Villan

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Re: Financial fair play
« Reply #893 on: April 13, 2019, 07:22:28 AM »
Normal ticket gate revenue makes up about 10% of our income.

Offline Ads

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Re: Financial fair play
« Reply #894 on: April 13, 2019, 08:50:02 AM »
Randy should have rebuilt the North when he could. We'd be having 50k attendances for the remaining games.

Offline adrenachrome

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Re: Financial fair play
« Reply #895 on: April 15, 2019, 11:11:10 PM »
ToryGraph

Quote
Middlesbrough chairman Steve Gibson pushes EFL to investigate rivals over financial conduct

John Percy

15 April 2019 • 10:30pm




Middlesbrough chairman Steve Gibson is demanding an English Football League investigation into the financial conduct of three Championship rivals.

Gibson wants the EFL to scrutinise Derby County, Aston Villa and Sheffield Wednesday over what he believes to be breaches of financial regulations, in a move which could trigger a bitter dispute between the clubs.

The 61-year-old is insisting the three clubs are attempting to bypass the new profitability and sustainability rules by unfair means, and he has arranged a special meeting of all Championship clubs for a week on Wednesday.

Gibson is understood to be “furious” that Middlesbrough have sold over £40 million worth of players, including Adama Traore, Ben Gibson and Patrick Bamford, to balance the books, while in his view other clubs are manipulating the rules by allocating some costs to stay in line.

Derby, for example, recently sold their Pride Park stadium to owner Mel Morris and then leased it back to ensure the club recorded a profit in their 2017/18 accounts.



Sources at Derby insist they have been fully compliant with the new profitability and sustainability rules and do not fear a similar fate to Birmingham, who were docked nine points by the EFL last month.

But Derby are said to be operating under a “soft transfer embargo”, which is preventing them from registering Aberdeen captain Graeme Shinnie.

The midfielder held talks with Derby last week but cannot sign a pre-contract at this stage, as the club’s accounts are being looked at by the EFL.

It is understood the embargo should be lifted later this week, however, enabling Derby manager Frank Lampard to make Shinnie his first signing ahead of next season.

Villa, who are five points ahead of Middlesbrough in the table, have declined to comment. Wednesday owner Dejphon Chansiri admitted in January they could be placed under a transfer embargo.

Gibson will address the issue at the meeting with representatives from the other 23 clubs, and has also contacted the EFL to register his concerns.



At the last meeting, held at Nottingham Forest’s City Ground, it is alleged that Gibson even turned on the three clubs to vent his frustration.

In his programme notes before last month’s game against Norwich, Middlesbrough manager Tony Pulis wrote: “Steve has worked hard to abide by the EFL’s financial rules, but it’s clear that a number of clubs aren’t, and that simply cannot be right.

“Birmingham’s nine-point deduction should set a precedent now for those other clubs who are not complying with the rules.

“Over the past year here, we have brought money in through the sales of players and reduced the wages, and we have cut our cloth accordingly.

“Yet at the same time, there are others in apparent breach of the rules, and that cannot be right.”

Middlesbrough are seventh in the Championship. Villa appear on course for a place in the top six after eight straight wins while Derby and Wednesday remain in play-off contention.


Offline Sexual Ealing

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Re: Financial fair play
« Reply #896 on: April 15, 2019, 11:25:18 PM »
Steve Gibson sounds like a man who's frustrated that he can't afford to sack Tony Pulis. Tony Pulis sounds like a man who knows he is too expensive to sack.

Offline adrenachrome

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Re: Financial fair play
« Reply #897 on: April 15, 2019, 11:28:46 PM »
Steve Gibson sounds like a man who's frustrated that he can't afford to sack Tony Pulis. Tony Pulis sounds like a man who knows he is too expensive to sack.

Gibbo is trying to put the mockers on Pulis's destroy and exit mission. Fat chance.

Online cdbullyweefan

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Re: Financial fair play
« Reply #898 on: April 15, 2019, 11:30:12 PM »
The Derby thing does seem a blatant attempt to get around the rules, to be fair. If they can do that then it makes a mockery of the whole rules. There is no quote in there from Gibson mentioning Villa, so adding Villa into the mix could just be media mischief-making.

Offline ozzjim

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Re: Financial fair play
« Reply #899 on: April 15, 2019, 11:52:25 PM »
If Derby do get away with it, and we don't go up, we need to be exploiting that loophole ASAP.