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Author Topic: Financial fair play  (Read 219714 times)

Offline paul_e

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Re: Financial fair play
« Reply #240 on: May 31, 2018, 08:23:48 AM »
The biggest thing I take from the statement is that Bruce will be off.

Agreed.
Doesn’t that cost us rather than save money?

I thought Bruce was on a rolling contract, which is a concept I admit to not understanding but I assume it means that AVFC do not have to pay a lump some in compensation?

Personally i would be very surprised if we hired a manager to achieve promotion and didn't add a clause allowing us to fuck him off for nothing if he failed to deliver, that would be Lerner levels of incompetence.

Offline rougegorge

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Re: Financial fair play
« Reply #241 on: May 31, 2018, 09:15:34 AM »
The sanctions for breaching FFP seem to vary considerably, and it's not fully clear what would happen in that event.

Whilst Man City got a hefty fine, that was chicken feed to the owners and they just carry on in their own sweet way as do the other 'big' clubs.  Bournemouth received a fine of £7m which was easy to pay from the TV coffers. Fulham and Forest had temporary transfer embargoes a couple of years back, but could still sign loan players.

QPR got a big fine, but they don't seem to be doing any worse measured against than their average position over the years.

Offline Matt Collins

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Re: Financial fair play
« Reply #242 on: May 31, 2018, 09:18:33 AM »
They've toughened it up considerably now

Offline Ads

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Re: Financial fair play
« Reply #243 on: May 31, 2018, 09:46:43 AM »
Sanctions above embargo and the scaled fine system are discretionary. The more clubs who fall foul of it the better.

The Noses are clearly wanking themselves into a frenzy without realizing they fell of a cliff, so lets see what happens to them and others like Derby and Wednesday who are in dire risk of falling foul of FFP first.

Offline old man villa fan

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Re: Financial fair play
« Reply #244 on: May 31, 2018, 09:58:21 AM »
Am I correct in saying that we are in financial trouble with FFP because of our final year in the PL with Lerner.

Offline Ads

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Re: Financial fair play
« Reply #245 on: May 31, 2018, 10:05:37 AM »
Am I correct in saying that we are in financial trouble with FFP because of our final year in the PL with Lerner.

No. Xia buying the club starts the clock. We're entitled to lose £39 million and he's entitled to inject £8 million in equity.

Given the TV deal, these sums are ridiculously low.

Offline Chico Hamilton III

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Re: Financial fair play
« Reply #246 on: May 31, 2018, 10:51:13 AM »
We bet the farm on red and it came out black.

Walking out of Wembley on Saturday, I had that sick feeling that gamblers must experience when they realise they’ve blown everything.

Also, and this is purely based on gut instinct, I don’t trust Xia to get us out of this shit. Depressing times.

Offline David_Nab

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Re: Financial fair play
« Reply #247 on: May 31, 2018, 10:58:31 AM »
Sanctions above embargo and the scaled fine system are discretionary. The more clubs who fall foul of it the better.

The Noses are clearly wanking themselves into a frenzy without realizing they fell of a cliff, so lets see what happens to them and others like Derby and Wednesday who are in dire risk of falling foul of FFP first.

I read that there is around 11/12 clubs all with issues in the league Birmingham and QPR are 2 I know of

The rules have been toughened up after Bournmouth and Leicester just cheated , got promoted and paid a small fine now you can expect transfer embargo's and points deductions

Offline David_Nab

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Re: Financial fair play
« Reply #248 on: May 31, 2018, 10:59:14 AM »
Am I correct in saying that we are in financial trouble with FFP because of our final year in the PL with Lerner.

No. Xia buying the club starts the clock. We're entitled to lose £39 million and he's entitled to inject £8 million in equity.

Given the TV deal, these sums are ridiculously low.

So if he sold the club would it be reset again ..

Offline sirlordbaltimore

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Re: Financial fair play
« Reply #249 on: May 31, 2018, 12:11:03 PM »
Am I correct in saying that we are in financial trouble with FFP because of our final year in the PL with Lerner.

No. Xia buying the club starts the clock. We're entitled to lose £39 million and he's entitled to inject £8 million in equity.

You sure about this ?

I've always been told it's based on three year cycles and our plight is mainly down to that last season in the PL where we had some huge losses


Offline Ads

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Re: Financial fair play
« Reply #250 on: May 31, 2018, 12:12:26 PM »
New purchases starts the clock of the cycle.

Offline sirlordbaltimore

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Re: Financial fair play
« Reply #251 on: May 31, 2018, 12:15:54 PM »


Then Dr Xia, simply hand the club to me

Offline Ad@m

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Re: Financial fair play
« Reply #252 on: May 31, 2018, 01:26:24 PM »
New purchases starts the clock of the cycle.

I'm not sure this is right.

We're fine on FFP for the season just ended, which is based on 2 years of Tone and Randy's last year.  The issue comes next year, which just happens to coincide with three years since Tone took over.  What's more relevant is that it coincides with us getting relegated from the Prem with largely Championship income and a Premier League cost base.

Offline PeterWithesShin

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Re: Financial fair play
« Reply #253 on: May 31, 2018, 01:53:04 PM »
New purchases starts the clock of the cycle.

Pretty sure it doesn't.

Offline Ads

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Re: Financial fair play
« Reply #254 on: May 31, 2018, 01:59:10 PM »
Perhaps I am confusing it with an ability to inject £8 million in equity? So while everybody can lose £39 million over three years, in reality, we can inject £24 million across 3 years at the same time.

 


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