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Author Topic: Financial fair play  (Read 219756 times)

Offline berneboy

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Re: Financial fair play
« Reply #495 on: June 13, 2018, 05:52:43 PM »
BBC days PSG has to sell 60m euros of players to fit within ffp rules.
https://www.bbc.co.uk/sport/football/44474415

Offline Brend'Watkins

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Re: Financial fair play
« Reply #496 on: June 13, 2018, 06:05:09 PM »
It will be interesting to see how they respond.  Do nothing and take a derisory fine or sell a reserve player to a Qatari team for €60 million?

Offline jwarry

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Re: Financial fair play
« Reply #497 on: June 13, 2018, 06:08:34 PM »
As its turned out FFP seems to have been a convenient excuse all along......

Offline Toronto Villa

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Re: Financial fair play
« Reply #498 on: July 27, 2018, 11:31:19 AM »
QPR have lost their claim that FFP is unlawful and will have to pay £42m in penalties having agreed to settle.

https://twitter.com/bbcsport/status/1022784076154056704?s=12

Offline Woofles The Wonder Dog

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Re: Financial fair play
« Reply #499 on: July 27, 2018, 11:32:49 AM »
That’s got to sting.

Offline kippaxvilla2

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Re: Financial fair play
« Reply #500 on: July 27, 2018, 11:44:13 AM »
Won’t that mean their owner the Malaysian chap will have to lend them the £42m as a soft loan?  Thus meaning their losses could get worse?!

Offline David_Nab

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Re: Financial fair play
« Reply #501 on: July 27, 2018, 11:49:36 AM »
The settlement includes a £17m fine, paying £3m of the EFL's legal costs and the agreement from club shareholders to write off £22m of outstanding loans.

January 2019 transfer embargo


The £17mil fine is paid of 10 years as well so I don't actually think its worked out too bad for them

Offline cdbearsfan

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Re: Financial fair play
« Reply #502 on: July 27, 2018, 11:49:36 AM »
Will the £42 million count against them for the purposes of calculating their next FFP period, thus making them likely to fail again? Does this relate to the era before they got promoted to the Premier League or is this under the new rules?

Offline chrisw1

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Re: Financial fair play
« Reply #503 on: July 27, 2018, 11:52:07 AM »
That has to be a major warning to us.  I presume we are banking on Jack to sort FFP for us.

Offline AsTallAsLions

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Re: Financial fair play
« Reply #504 on: July 27, 2018, 11:54:11 AM »
So somebody sticks their neck out to challenge how lawful FFP is and gets an unjust £42m fine. I have no love for QPR whatsoever, but it's all very hard to swallow for me. Lots of comments on that tweet saying it wouldn't happen to a top tier club, and how true is that? All designed to protect the Premier League and the sexy Sky clubs. Awful.

Offline jwarry

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Re: Financial fair play
« Reply #505 on: July 27, 2018, 12:01:31 PM »
How much did QPR overshoot FFP by. Does anybody know?

Offline guyavfc

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Re: Financial fair play
« Reply #506 on: July 27, 2018, 12:03:46 PM »
I don’t think QPR’s fine is actually that bad as it’s paid over 10 years. Will be very interesting to see if we decide to gamble.

Offline jwarry

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Re: Financial fair play
« Reply #507 on: July 27, 2018, 12:07:02 PM »
I don’t think QPR’s fine is actually that bad as it’s paid over 10 years. Will be very interesting to see if we decide to gamble.

If by gamble you mean take a £17m fine as opposed to selling Jack for £20m instead of £40m or just keeping him, where is the gamble?!?

Offline David_Nab

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Re: Financial fair play
« Reply #508 on: July 27, 2018, 12:08:00 PM »
I don’t think QPR’s fine is actually that bad as it’s paid over 10 years. Will be very interesting to see if we decide to gamble.

Yes and some of it is a share right off as far I can tell so its 17mil over 10 years so 1.7ml a year and a 1 window embargo


Offline jwarry

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  • Location: Kyrenia, Northern Cyprus
Re: Financial fair play
« Reply #509 on: July 27, 2018, 12:10:32 PM »
Unfortunately this’ll prove Doc was a phoney all along and gambled on going up with the bit of dosh he had. I for one didn’t want to believe that but it’s clear now FFP was a smokescreen

 


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