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Author Topic: Financial fair play  (Read 135540 times)

Offline PeterWithesShin

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Re: Financial fair play
« Reply #960 on: May 30, 2019, 11:19:58 PM »
Matt Lawton

Quote
Championship clubs are concerned that the Premier League will not impose a points deduction on Aston Villa if they are found to have breached profit and sustainability rules.

Villa, who were promoted to the top flight after beating Derby County in Monday's Championship play-off final at Wembley, are among a number of clubs — Derby included — currently operating under a soft transfer embargo while the English Football League continue to assess their P and S submission.

Officials at Villa Park have insisted they will be compliant with financial fair play regulations despite reports of heavy losses.

But Sportsmail understands high-level discussions are currently taking place between the EFL and the Premier League - discussions being led by the Football League's interim chair Debbie Jevans, amid concern that there could be lack of consistency in applying the appropriate sanctions.

In March an independent panel concluded that Birmingham City should be hit with a nine-point deduction by the EFL after incurring losses of nearly £48.8m between 2015 and 2018 — and therefore breaching the £39m three-year limit — and clubs would certainly like to see consistency should Villa also be found to be in breach.

But insiders believe poor communication between the EFL and the Premier League has led to 'a disconnect'.

'The rules are supposed to be aligned across the leagues but there is a concern that the interpretation of those rules is different,' said one source.

Sportsmail understands there would be a reluctance among senior Premier League officials to hit a newly-promoted club with a points deduction, and so making it all the more harder for them to survive in the top flight.

However, what concerns the clubs, and is likely to be the point being made by the EFL, is the message the Premier League will be delivering if they don't agree with a points deduction for a club that breaks financial rules to reach football's promised land with its television riches.

'The winner of the Championship play-off final lands a £170m jackpot so if the only punishment if you are then found guilty of breaching the regulations is a fine, you take that gamble,' said one club official. 'Because the worst that then happens, if you fail to get promoted, is you start the new Championship season with a points deduction.'

The dispute that has been raging for much of the season between Championship clubs is likely to remain on the agenda at next week's AGM in Portugal.

Reports last week suggested Middlesbrough have issued a legal letter to Derby in the belief a side that finished one point ahead of them, and in the play-offs, broke the rules when owner Mel Morris essentially bought the stadium with another company he also owns for what, at £80m, was double the value of what Pride Park was listed in the club's books as an asset.

It meant Derby were able to report a pre-tax profit of £14.6m and while the EFL might yet conclude the stadium purchase has been completed within the rules, Boro owner and chairman Steve Gibson has made no secret of the fact that he has a different view.

Online Sexual Ealing

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Re: Financial fair play
« Reply #961 on: May 30, 2019, 11:22:31 PM »
Why the fuck is their AGM in Portugal?!

Online cdbullyweefan

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Re: Financial fair play
« Reply #962 on: May 30, 2019, 11:30:43 PM »
How many points have Wolves and Bournemouth had deducted? None. The Small Heath comparison is a nonsense. They haven't been done for making excessive losses, they were deducted points for signing a player when under a transfer embargo, which we haven't done.

Offline KevinGage

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Re: Financial fair play
« Reply #963 on: May 30, 2019, 11:31:42 PM »
Steve Gibson really needs to find some worthwhile hobby over the summer.

Top tip:  Don't employ shithouses like Tiny Penis as manager and spend £15 million on Britt Assbumbaclah.

Offline PeterWithesShin

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Re: Financial fair play
« Reply #964 on: May 30, 2019, 11:33:26 PM »
Bournemouth went up before the new rules came into play.

Online kippaxvilla2

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Re: Financial fair play
« Reply #965 on: May 30, 2019, 11:34:02 PM »
We’ve sold the ground now.

Online cdbullyweefan

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Re: Financial fair play
« Reply #966 on: May 30, 2019, 11:37:41 PM »
We’ve sold the ground now.

Where have you got this from?

Online Stu

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Re: Financial fair play
« Reply #967 on: May 30, 2019, 11:44:09 PM »
Right, so the outcome is that teams which have spent more money than they can afford are ok now, because awww...the rules have changed you guys. *shrug*

Sucks to be you.

FFP - financial fair play.

Offline PeterWithesShin

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Re: Financial fair play
« Reply #968 on: May 30, 2019, 11:48:10 PM »
The rules were changed because the FL were fed up of clubs getting away with it. The new rules were posted on here a fair few times as they came into effect our first season down, as the big change was that the PL would work with the FL over clubs.

Online kippaxvilla2

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Re: Financial fair play
« Reply #969 on: May 30, 2019, 11:48:47 PM »
We’ve sold the ground now.

Because Sawiris became a person of significant control over NSWE Stadium Limited on 14th May.  I assumed he had therefore bought it from Aston Villa Limited.

Where have you got this from?

Online AsTallAsLions

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Re: Financial fair play
« Reply #970 on: May 30, 2019, 11:50:45 PM »
So are we, or are we not, in breach of FFP? Can't be that fucking hard for the authorities to determine. We publish our figures every single year.

Online cdbullyweefan

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Re: Financial fair play
« Reply #971 on: May 30, 2019, 11:52:02 PM »
The rules were changed because the FL were fed up of clubs getting away with it. The new rules were posted on here a fair few times as they came into effect our first season down, as the big change was that the PL would work with the FL over clubs.

So... Wolves, then?

Offline PeterWithesShin

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Re: Financial fair play
« Reply #972 on: May 30, 2019, 11:53:27 PM »
The rules were changed because the FL were fed up of clubs getting away with it. The new rules were posted on here a fair few times as they came into effect our first season down, as the big change was that the PL would work with the FL over clubs.

So... Wolves, then?

I have no idea if they breached them or not over the 3 year period.

Online pauliewalnuts

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Re: Financial fair play
« Reply #973 on: May 30, 2019, 11:53:28 PM »
We’ve sold the ground now.

Because Sawiris became a person of significant control over NSWE Stadium Limited on 14th May.  I assumed he had therefore bought it from Aston Villa Limited.

Where have you got this from?

In fairness, the fact NSWE have set up a company called that does not in any way suggest we've actually sold the ground.

Online avfcpg

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Re: Financial fair play
« Reply #974 on: May 30, 2019, 11:55:39 PM »
We’ve sold the ground now.

Because Sawiris became a person of significant control over NSWE Stadium Limited on 14th May.  I assumed he had therefore bought it from Aston Villa Limited.

Where have you got this from?

In fairness, the fact NSWE have set up a company called that does not in any way suggest we've actually sold the ground.

Wasn't that done 15th May or around then? Maybe just a back up plan for if we didn't win the final?

 


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