Financial fair play

[Clark W Griswold]

We'll sell Grealish surely? Not sure we'll get a massive amount for him mind, the way he's played this season.

[Sexual Ealing]

Is it possible that the new owners have taken legal advice, and said advice has recommended that we take it to the courts if they imposeba deduction? Restraint of trade or something like it?

I obviously have no idea but they haven't acted like they care too much about it

[mike]

We'll sell Grealish surely? Not sure we'll get a massive amount for him mind, the way he's played this season.

We’re supposedly trying to get him to sign a new contract? I’m an institutionalised pessimist but I can’t see they don’t have this covered in some way. It would be monumentally stupid after the near miss last summer to do it all again.

[Clark W Griswold]

You'd hope so.

[mike]

Over on the Purslow thread, there is talk of a possible 20 point deduction? I thought it was a maximum of 12?

[Drummond]

Now that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..

[aj2k77]

Now that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..

No, his value is in the transfer fee as he is a youth player who cost nothing so would be pure profit on the books.

[mike]

Now that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..

No, his value is in the transfer fee as he is a youth player who cost nothing so would be pure profit on the books.

I thought he would now be counted as a saleable asset worth £X as opposed to £Y previously? However, I know nothing about finance. let alone FFP.

[aj2k77]

Now that he's signed a 5 year deal, does Grealish's value, and probable release clause, help us towards FFP in any way? i.e. by being an asset on the books..

No, his value is in the transfer fee as he is a youth player who cost nothing so would be pure profit on the books.

I thought he would now be counted as a saleable asset worth £X as opposed to £Y previously? However, I know nothing about finance. let alone FFP.

That wouldn't work because who's to say how much a player is worth until they've been sold and someone has paid that amount.

[Dante Lavelli]

Just wonder if the new owners see where we are by January and for the sake of FFP have a bit of a fire sale then if promotion is not on the horizon.

Due to the playoffs though, pretty much everyone down to the bottom five or six clubs could theoretically finish 6th at Christmas.

[kippaxvilla2]

It’s got to help hasn’t it?  He will amortise over five years as opposed to the 1.5 years that was left?

[mike]

It’s got to help hasn’t it?  He will amortise over five years as opposed to the 1.5 years that was left?

I think that's what I was trying to say...

[Risso]

There is no amortisation with Grealish.  He's a former youth player, so has no value in the accounts.  The fact that he's signed a new contract doesn't change that.  Whatever his theoretical value is, is totally irrelevant.  The only time he'll appear in a set of accounts for transfer value and amortisation is when we sell him.  His whole sales value will be profit for us, and then his cost will appear in Spurs' accounts, written off over the length of the contract there.

[mike]

There is no amortisation with Grealish.  He's a former youth player, so has no value in the accounts.  The fact that he's signed a new contract doesn't change that.  Whatever his theoretical value is, is totally irrelevant.  The only time he'll appear in a set of accounts for transfer value and amortisation is when we sell him.  His whole sales value will be profit for us, and then his cost will appear in Spurs' accounts, written off over the length of the contract there.

Bugger.

[Villafirst]

The FFP rules are an absolute joke. The very clubs who created this like Man City and Chelsea have flouted the rules for years and haven't received a single point deduction.  Even Bournemouth have broke the rules twice and just received fines only. The hounding of Championship clubs is totally unfair. FFP actually protects the top sides, ridiculous!