collapse collapse

Please donate to help towards the costs of keeping this site going. Thank You.

Follow us on...

Author Topic: FFP  (Read 166713 times)

Offline chrisw1

  • Member
  • *
  • Posts: 9494
  • GM : 20.08.2024
FFP
« on: June 07, 2021, 06:00:28 PM »
Does anybody know specifically where things stand with FFP?

My understanding was that there was some releaxing of it to assist with Covid, but that it is still an issue and we will still have to comply with it over a 3 year period.

So where exactly do Villa stand with FFP?  We've spent c235m in the last 2 seasons and now approx 35m on Buendia.  Another 40m this summer and we will break the 300m mark.  Can we continue to do this?  Are the likes of JWP etc realistic or are we over stretching?

 

Offline Lastfootstamper

  • Member
  • *
  • Posts: 11623
  • Age: 58
  • Location: Greater Birmingham
  • GM : PCM
Re: FFP
« Reply #1 on: June 07, 2021, 06:05:18 PM »
You'd be better off putting these questions to SHA and Molineux Mix.

Online VILLA MOLE

  • Member
  • Posts: 6828
  • Age: 49
  • Location: STRATFORD UPON AVON
  • a v f c
Re: FFP
« Reply #2 on: June 07, 2021, 06:10:18 PM »
Does anybody know specifically where things stand with FFP?

My understanding was that there was some releaxing of it to assist with Covid, but that it is still an issue and we will still have to comply with it over a 3 year period.

So where exactly do Villa stand with FFP?  We've spent c235m in the last 2 seasons and now approx 35m on Buendia.  Another 40m this summer and we will break the 300m mark.  Can we continue to do this?  Are the likes of JWP etc realistic or are we over stretching?

 


i thought transfer payments would be staggered over a period ?

Offline cdbearsfan

  • Member
  • *
  • Posts: 61464
  • Location: Yardley Massive
  • I still hate Bono.
  • GM : 03.02.2025
Re: FFP
« Reply #3 on: June 07, 2021, 06:14:03 PM »
We have sold one of our corner flags to ourselves for eight billion pounds. Panic over.

Offline Toronto Villa

  • Member
  • *
  • Posts: 54742
  • Age: 51
  • Location: Toronto, Canada
  • GM : 22.07.2024
Re: FFP
« Reply #4 on: June 07, 2021, 06:17:22 PM »
We have sold one of our corner flags to ourselves for eight billion pounds. Panic over.

How very Man City of us. Im sure we will be threatened with sanctions, and then like them toss back many wads of cash to the governing bodies, and it will all magically go away.

Offline cdbearsfan

  • Member
  • *
  • Posts: 61464
  • Location: Yardley Massive
  • I still hate Bono.
  • GM : 03.02.2025
Re: FFP
« Reply #5 on: June 07, 2021, 06:18:09 PM »
Good. FFP is a cartel. Get it in the sea.

Offline chrisw1

  • Member
  • *
  • Posts: 9494
  • GM : 20.08.2024
Re: FFP
« Reply #6 on: June 07, 2021, 06:20:44 PM »
Possibly, but that would mean we're paying fees from the 140m spent 19/20 season and the 90m in the 20/21 season.  I just don't see how it's sustainable and I wondered if anybody was more up to spped on the detail?

The good news is next season will be our third in the PL, which means we can lose 105m over 3 season (35m per year in the PL), whereas the season just gone FFP wise we still had to count our final season in the Championship where max loss was 13m (so 83m over 3 seasons).  We survived by selling VP and some HS2 compensation, but my point is what is the situation going forward?

Offline algy

  • Member
  • *
  • Posts: 5198
  • Age: 42
  • Location: Gogledd Cymru
  • GM : 23.03.2025
Re: FFP
« Reply #7 on: June 07, 2021, 06:24:46 PM »
Purslow was instrumental in drawing up the FFP rules, wasn't he? I'd be absolutely astounded if we weren't working to the letter of the law (fella).

Offline algy

  • Member
  • *
  • Posts: 5198
  • Age: 42
  • Location: Gogledd Cymru
  • GM : 23.03.2025
Re: FFP
« Reply #8 on: June 07, 2021, 06:32:56 PM »
It's a load of rubbish anyway, 80% of the income of an established PL team is an awful lot more than 80% of one that's just been promoted. Or whatever the percentage is. That's before we get on to the astronomical differences in income between, say, Manchester Utd and Blackpool.

Obviously clubs should be run sustainably and not in a way that's going to poor their long term future in jeopardy, but FFP is just a straight up cartel.

Offline Lastfootstamper

  • Member
  • *
  • Posts: 11623
  • Age: 58
  • Location: Greater Birmingham
  • GM : PCM
Re: FFP
« Reply #9 on: June 07, 2021, 06:37:55 PM »
As supporters, we've clearly spent too long under the boot of mismanagement and doooooom. Between this and those seeing buying Buendia as a clear sign that Grealish is off, it's really harshing my vibe, man.

Offline Jon Crofts

  • Moderator
  • Member
  • *
  • Posts: 21136
  • Location: Lost In The Supermarket
  • GM : PCM
Re: FFP
« Reply #10 on: June 07, 2021, 06:50:37 PM »
We have sold one of our corner flags to ourselves for eight billion pounds. Panic over.

Just the flag or the pole as well?

Online LeeB

  • Member
  • Posts: 31954
  • Location: Standing in the Klix-O-Gum queue.
  • GM : May, 2014
Re: FFP
« Reply #11 on: June 07, 2021, 06:55:32 PM »
We have sold one of our corner flags to ourselves for eight billion pounds. Panic over.

Just the flag or the pole as well?

This tells me that the pole is going to Citeh or Yanited, no way could Villa keep both.

Offline Dave P

  • Member
  • *
  • Posts: 14197
  • Location: Redditch
  • GM : PCM
Re: FFP
« Reply #12 on: June 07, 2021, 07:15:38 PM »
My take.

Under Xia, I used to worry about FFP.

Under NSWE, I don't.

Hope this helps.

Online LeeB

  • Member
  • Posts: 31954
  • Location: Standing in the Klix-O-Gum queue.
  • GM : May, 2014
Re: FFP
« Reply #13 on: June 07, 2021, 07:19:14 PM »
Doug would have loved FFP.

Offline AV82EC

  • Member
  • Posts: 10550
  • Location: Macclesfield
  • GM : 22.02.2024
Re: FFP
« Reply #14 on: June 07, 2021, 07:31:32 PM »
In my limited reading of FFP during the pandemic there appears to be 2 things that have changed:

1) 19/20 and 20/21 season seem to be being treated together or averaged for FFP purposes
2) losses due to COVID reasons (loss of revenue) can be removed from the figures

However thats just EPL, unsure what UEFA have mandated.

Looks like the whole thing at UEFA level is being binned after Covid anyway so lets see what cunning ways the Scab 12 have of influencing things in pulling up the drawbridge to maintain the cartel.

 

 


SimplePortal 2.3.6 © 2008-2014, SimplePortal