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Author Topic: Financial fair play  (Read 219587 times)

Offline Nastylee

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Re: Financial fair play
« Reply #270 on: June 01, 2018, 12:19:52 AM »
Whilst it may have been well intentioned, it's a pile of shit in reality.

Offline VinnieChase84

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Re: Financial fair play
« Reply #271 on: June 01, 2018, 12:36:30 AM »
Genuinely surprised no club has managed to legally challenge FFP. It’s a restriction of trade bottom line. How can an owner be restricted to how much he invests in his business!?
Won’t be long till someone wins a legal case

Offline Proposition Joe

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Re: Financial fair play
« Reply #272 on: June 01, 2018, 12:40:28 AM »
Seems to me that the only course of action is to just sod FFP and then challenge any punishments later in the courts. It's not worth risking the future success of the club on rules thay were not thought through.

It seems like the article says, that the EFL want to punish clubs for trying to show aspiration. Like in the Simpsons when Homer quits work and then has to come crawling for his old job back - he has to sit and stare at a sign every day thay reads: remember, you're here forever. That's the FFP motto.

By the way, I read the EFL rules and could only find transfer embargoes in the punishments and nothing about points deductions. Are we sure points deductions are on the table?

Either which way, we should just carry on as if FFP doesn't exist, buy/keep the players we want, dump the ones we don't, but aim to finish in the top 2 whatever it takes. And we should pay lip service to FFP and make it look like we're trying, at least from the outside, and not openly flaunt it. I highly doubt they'd deny us promotion.

Offline PeterWithesShin

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Re: Financial fair play
« Reply #273 on: June 01, 2018, 12:44:40 AM »
Yes, the rules were changed to include points deductions and even being denied promotion. Since the rule change though no one has failed FFP in the football league.

Offline VinnieChase84

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Re: Financial fair play
« Reply #274 on: June 01, 2018, 12:45:44 AM »
Yes, the rules were changed to include points deductions and even being denied promotion. Since the rule change though no one has failed FFP in the football league.
Even this year?

Offline PeterWithesShin

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Re: Financial fair play
« Reply #275 on: June 01, 2018, 12:46:34 AM »
Not even this year. Yet.

Offline ozzjim

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Re: Financial fair play
« Reply #276 on: June 01, 2018, 12:47:30 AM »
That's the problem. With points deductions etc we are screwed if we fail it, and screw ourselves to meet it. Welcome to "fair" play.

Offline PeterWithesShin

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Re: Financial fair play
« Reply #277 on: June 01, 2018, 12:51:47 AM »
Here is my post about the rule change

http://www.financialfairplay.co.uk/financial-fair-play-explained.php

Relevant bits regarding punishments

Quote
Crucially, this harmonisation of the rules comes with the blessing of the Premier League - so we shouldn’t see any repeat of the stand-offs that arose (and are still ongoing) with QPR and Leicester. Previously, the Premier League bosses refused to help the Football League collect the ‘Fair Play Tax’ fines for clubs that overspent but won promotion – this lack of support significantly undermined the Football League and severely impacted on the effectiveness of the Football League punishments.

Quote
Any punishment for breach of the rules will be determined by an independent panel (the ‘Fair Play Panel’).

But what are the potential punishments? Previously the Football League has only been able to either; fine promoted clubs (a fine the Premier League didn’t help them collect), or impose a transfer embargo for historic overspending (which always like a stable-door/horse scenario). With this change, a wide range of punishments are now available. Nothing is off the table; the Football League are now able to impose a points deduction during the current season, or demote a club from an automatic promotion position into the play-offs (or out of the play-offs altogether). Transfer embargoes are also available (with the earliest one potentially applying during the Summer 2017 Transfer window.


Offline David_Nab

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Re: Financial fair play
« Reply #278 on: June 01, 2018, 12:53:00 AM »

Offline wittonwarrior

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Re: Financial fair play
« Reply #279 on: June 01, 2018, 09:00:30 AM »
There is talk that if we paid  the fines we  could overcome FFP and continue to spend.  First of all I have also  heard of possible point deductions and Villa being a big name in the Championship would definitely be under scrutiny. 

Also the owner(s) of Aston Villa or should I say the custonians do they really have the funds

Offline chrisw1

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Re: Financial fair play
« Reply #280 on: June 01, 2018, 09:15:54 AM »
That's an excellent article.

Offline Risso

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Re: Financial fair play
« Reply #281 on: June 01, 2018, 09:29:59 AM »
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.

There is a rule in UEFA FFP where a club facing FFP issues can apply for a licence to play in UEFA competitions where they'd usually have been denied one, where there's been a change of owner.

Offline VinnieChase84

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Re: Financial fair play
« Reply #282 on: June 01, 2018, 09:50:20 AM »
Here is my post about the rule change

http://www.financialfairplay.co.uk/financial-fair-play-explained.php

Relevant bits regarding punishments

Quote
Crucially, this harmonisation of the rules comes with the blessing of the Premier League - so we shouldn’t see any repeat of the stand-offs that arose (and are still ongoing) with QPR and Leicester. Previously, the Premier League bosses refused to help the Football League collect the ‘Fair Play Tax’ fines for clubs that overspent but won promotion – this lack of support significantly undermined the Football League and severely impacted on the effectiveness of the Football League punishments.

Quote
Any punishment for breach of the rules will be determined by an independent panel (the ‘Fair Play Panel’).

But what are the potential punishments? Previously the Football League has only been able to either; fine promoted clubs (a fine the Premier League didn’t help them collect), or impose a transfer embargo for historic overspending (which always like a stable-door/horse scenario). With this change, a wide range of punishments are now available. Nothing is off the table; the Football League are now able to impose a points deduction during the current season, or demote a club from an automatic promotion position into the play-offs (or out of the play-offs altogether). Transfer embargoes are also available (with the earliest one potentially applying during the Summer 2017 Transfer window.


It's all well and good having these options now however if clubs have failed it for season just gone, why has no one had an embargo yet or even a slap on the wrist? doesnt seem like they are doing much about it

Offline auntiesledd

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Re: Financial fair play
« Reply #283 on: June 01, 2018, 09:56:42 AM »
Another excellent piece by Martin Samuals, but I can't help but think of sides who haven't flouted FFP rules - yet still achieved promotion to the PL eg B&HA; Huddersfield; Fulham; Watford; Burnley; Cardiff.  Wolves (possibly)...

It strikes me that all those aforementioned clubs have one thing in common: very good managers. Why can't we follow their example & build a sustainable promotion push - without throwing bundles of cash about willy nilly? FWIW, I think it's high time we took a new approach.


Offline martin o`who??

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Re: Financial fair play
« Reply #284 on: June 01, 2018, 10:13:30 AM »
The hollow notion of “Financial fair play” has never stopped Manchester Citeh from buying everything in sight. These days probably the best signing a club can make is a clever accountant with the morals of a snake.
« Last Edit: June 01, 2018, 10:17:40 AM by martin o`who?? »

 


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