I still think the basic idea of FFP is sound, stopping clubs spending money they don't have isn't a bad thing. But what about clubs/owners that do have the money, there has to be a way for them to invest the money. Whether it involves money going into escrow or what i'm not sure but stopping people spending their own money seems as bonkers as letting clubs spend money they didn't have.
Quote from: PeterWithesShin on January 12, 2020, 11:51:49 PMI still think the basic idea of FFP is sound, stopping clubs spending money they don't have isn't a bad thing. But what about clubs/owners that do have the money, there has to be a way for them to invest the money. Whether it involves money going into escrow or what i'm not sure but stopping people spending their own money seems as bonkers as letting clubs spend money they didn't have.Didn’t it all come from Man City buying their way into the elite group & those clubs saying it wouldn’t happen again....was always about big clubs protecting their place in the league rather than for the good of the game as a whole.
Quote from: Gareth on January 14, 2020, 01:06:39 PMQuote from: PeterWithesShin on January 12, 2020, 11:51:49 PMI still think the basic idea of FFP is sound, stopping clubs spending money they don't have isn't a bad thing. But what about clubs/owners that do have the money, there has to be a way for them to invest the money. Whether it involves money going into escrow or what i'm not sure but stopping people spending their own money seems as bonkers as letting clubs spend money they didn't have.Didn’t it all come from Man City buying their way into the elite group & those clubs saying it wouldn’t happen again....was always about big clubs protecting their place in the league rather than for the good of the game as a whole.That's it in a nutshell. People forget that since the league began we've always had "Bank of England" clubs trying to buy success with rich owners and no-one batted an eyelid. Never had a problem with rich owners buying a club and investing for success if it didn't put the club in jeopardy. I really don't see why a club like that is seen as wrong, while the likes of Man United can be millions of pound in debt with loans but as long as they can pay the interest payments its okay.
Ow we used a system something very similar to them about ground naming or buying . Should we be more concerned now ?
Quote from: sickbeggar on January 14, 2020, 10:15:47 PMQuote from: Gareth on January 14, 2020, 01:06:39 PMQuote from: PeterWithesShin on January 12, 2020, 11:51:49 PMI still think the basic idea of FFP is sound, stopping clubs spending money they don't have isn't a bad thing. But what about clubs/owners that do have the money, there has to be a way for them to invest the money. Whether it involves money going into escrow or what i'm not sure but stopping people spending their own money seems as bonkers as letting clubs spend money they didn't have.Didn’t it all come from Man City buying their way into the elite group & those clubs saying it wouldn’t happen again....was always about big clubs protecting their place in the league rather than for the good of the game as a whole.That's it in a nutshell. People forget that since the league began we've always had "Bank of England" clubs trying to buy success with rich owners and no-one batted an eyelid. Never had a problem with rich owners buying a club and investing for success if it didn't put the club in jeopardy. I really don't see why a club like that is seen as wrong, while the likes of Man United can be millions of pound in debt with loans but as long as they can pay the interest payments its okay.In fairness to Man Utd, (*spits, flays self several times*) they're only in debt because of the way they've been purchased, not the way they've been run.
The EFL appears to be far more enamoured with the workings of FFP than the Premier League. Which is yet another reason why we should desperately be doing everything we can to avoid the drop this season. I don't want us having to deal with that regime and the constant threat of penalty again.