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Author Topic: Financial fair play  (Read 222849 times)

Offline Demitri_C

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Re: Financial fair play
« Reply #1245 on: January 13, 2020, 07:19:15 AM »
I thjnk if we go down we will get about 150m from the sales of grealish mcginn and mings. But plclubs may try take advantage of our financial state and offering less. For example 50m instead of 70m for grealish.

But if this squad with those three cant stay up what hope in hell do we have of a) coming back b) if we make it stay up

Offline ChicagoLion

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Re: Financial fair play
« Reply #1246 on: January 13, 2020, 07:25:20 AM »
I thjnk if we go down we will get about 150m from the sales of grealish mcginn and mings. But plclubs may try take advantage of our financial state and offering less. For example 50m instead of 70m for grealish.

But if this squad with those three cant stay up what hope in hell do we have of a) coming back b) if we make it stay up
Exactly, our big chance was to build a Team aRound 3 top class players.

Offline Lastfootstamper

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Re: Financial fair play
« Reply #1247 on: January 13, 2020, 07:59:06 AM »
We had this discussion a couple of years ago and I’m pretty sure someone stated that FFP for PL
clubs only applied to those teams that qualify for European tournaments?

I believe that is the case, but that itself creates its own conundrum; how much money are you prepared to effectively waste on dodging success?

Offline VinnieChase84

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Re: Financial fair play
« Reply #1248 on: January 13, 2020, 07:59:37 AM »
Just want to address all this FFP chat with a few things.
Keep seeing how if we go down then EFL will fuck us cause of FFP. This is NOT TRUE - for a few reasons:

1) We NEVER FAILED a single years of finances while in the EFL. They signed off our books every year.
2) Its a rolling cycle of 3 years. OUr heaviest EFL figures was year one when down. Next season this financial year wont be included in the 3 year cycle
3) Year 2 was the lowest loss and Year 3 signed off.

If we go down, not only do we have more money to include in the books (premier league TV cash and parachute payments), we also have a lot of assets that will inevitably be sold.
Jack, McGinn, Mings, Luiz, Wesley, Trezeguet - none of them would be staying imo. Thats £150m minimum.

The BIGGEST PAIN of relegation would be the needing another rebuild. We would realistically be starting again and needing to recruit accordingly.
« Last Edit: January 13, 2020, 08:09:07 AM by VinnieChase84 »

Offline Rudy Can't Fail

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Re: Financial fair play
« Reply #1249 on: January 13, 2020, 02:34:12 PM »
If we do get into trouble with FFP I would hope the club will explain that whilst we have spent a fortune we did buy a whole lot of shit players, thus giving us no advantage what-so-ever.

Offline aev

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Re: Financial fair play
« Reply #1250 on: January 13, 2020, 05:26:10 PM »
Just want to address all this FFP chat with a few things.
Keep seeing how if we go down then EFL will fuck us cause of FFP. This is NOT TRUE - for a few reasons:

1) We NEVER FAILED a single years of finances while in the EFL. They signed off our books every year.
2) Its a rolling cycle of 3 years. OUr heaviest EFL figures was year one when down. Next season this financial year wont be included in the 3 year cycle
3) Year 2 was the lowest loss and Year 3 signed off.

If we go down, not only do we have more money to include in the books (premier league TV cash and parachute payments), we also have a lot of assets that will inevitably be sold.
Jack, McGinn, Mings, Luiz, Wesley, Trezeguet - none of them would be staying imo. Thats £150m minimum.

The BIGGEST PAIN of relegation would be the needing another rebuild. We would realistically be starting again and needing to recruit accordingly.

I am a little confused - we obviously spent a lot of money over the summer but it still left us light up front, and it appears (so far) that we are scraping around a bit in this transfer window.

Do you think therefore that this was by design as opposed to FFP that has us in our current position?

« Last Edit: January 13, 2020, 10:23:18 PM by aev »

Offline john2710

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Re: Financial fair play
« Reply #1251 on: January 13, 2020, 05:36:17 PM »
I think we've made the mistake of buying potential on lower wages. Rather than experience and higher wages. The former is cheaper & given the number of players we needed allowed us to bring in the number of players we did.

We wouldn't get our money back on most of them if we get relegated.

Smith said regarding Davies that 'he'd be a £15m player by the end of the season'. Which might have been true if he was ever fit to play more than 10 minutes.

Offline aev

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Re: Financial fair play
« Reply #1252 on: January 13, 2020, 05:41:17 PM »
But if FFP isn’t an issue why aren’t we rectifying our problems now?

Offline rougegorge

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Re: Financial fair play
« Reply #1253 on: January 13, 2020, 07:16:06 PM »
Indeed if FFP is not an issue,  the manager and the recruitment have been grossly negligent in firstly, going with one unproven striker, and secondly not having any strikers lined up by now to come in.

Most people at work have objectives and are judged by those on a regular basis, so by that basis Smith and Suso would already be on some kind of action plan or worse by now.

Offline Sdwbvf

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Re: Financial fair play
« Reply #1254 on: January 13, 2020, 08:54:48 PM »
How do you know we aren't? It's not even half way through January

Offline paul_e

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Re: Financial fair play
« Reply #1255 on: January 13, 2020, 09:26:34 PM »
We didn't go into the season with 1 unproven striker, we went in with 3 of them, 2 are injured and the 3rd pretty clearly wants to leave and should have been let go and replaced in the summer but given the amount of work we were doing they decided to keep him until his contract ran down instead.

We need to remember that we have a limit of 25 senior players we can name in the squad. The players we had (that Smith wanted to give a go) and the signings we made left us with very little room left so we are now, pretty much, one in, one out for over 21s. No one wants to have older players sat in the U23s unable to kick a ball for the 1st team and to avoid it we gave free transfers to a few players that we knew just wouldn't work out (Thor and Fat Ross at least). We can, in this window, replace Heaton and Wesley in the squad because they're out for the season anyway but after that I think we only had 1-2 spots available.

It's not just down to FFP, it's about keeping that squad right and not piling up players with no future after the summer in desperation. I completely understand people want 2-3 players signed by tomorrow but it's not as simple as pointing at a name and paying the money, we need players that will fit in with the squad so they have a chance of coming in and settling fast, scouting them takes time and once we have a list getting the transfers through the door takes time as well.

Aside from that, it's not that we're fucked under FFP and it's not that the management team are negligent, it's just how the January window works, it's been going long enough now that people really should b used to the fact that it's 3 1/2 weeks of 95% bullshit followed by a week of actual transfers because it's mid-season and no one wants to let players go without having replacements lined up so the whole thing is waiting for the first club that blinks. The only players leaving in the first couple of weeks are ones who aren't involved with their current club and they're not the players we need (but we've signed 2 of them to much gnashing of teeth).

Offline aev

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Re: Financial fair play
« Reply #1256 on: January 13, 2020, 10:21:51 PM »
How do you know we aren't? It's not even half way through January

Next 3 league games are perfectly winnable, and perhaps season defining. You’d hope we would have sorted forward options out by then.

Don’t really want to veer off into the the other threads, my question really is one related to FFP and whether we have been constrained by it?

Offline Lastfootstamper

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Re: Financial fair play
« Reply #1257 on: January 13, 2020, 10:33:49 PM »
No, we're not. Our only current constraint is being a newly promoted, bottom 3 side.

Offline aev

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Re: Financial fair play
« Reply #1258 on: January 14, 2020, 07:15:32 AM »
No, we're not. Our only current constraint is being a newly promoted, bottom 3 side.

If this is indeed the only constraint it seems it was a pretty poor planning in the summer.

Offline ChicagoLion

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Re: Financial fair play
« Reply #1259 on: January 14, 2020, 08:01:51 AM »
How do you know we aren't? It's not even half way through January

Next 3 league games are perfectly winnable, and perhaps season defining. You’d hope we would have sorted forward options out by then.

Don’t really want to veer off into the the other threads, my question really is one related to FFP and whether we have been constrained by it?
I am getting a bit bored of winning these winnable games.

 


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