FFP

[rougegorge]

Everton will still probably avoid relegation due to exceptionally low points tallies at the bottom this season.

However, like a lot of people, I am also wondering about Man City and Chelsea.

Pep will say it is all wrong and is nothing to do with his time at the club etc, but if there have been transgressions (and the list against Man City is very long), neither Man City nor Chelsea would have been in the position they are now and have been over the last ten years or more to accrue such wealth and wield huge spending power.

Their many trophies would be attributable to a lot of what has gone on before. 

I expect nothing significant will happen to either of them and any fines would be like water of a duck's back to them.

[Somniloquism]

The FA may be under pressure to make an example of someone because of the independent regulator thing that's coming in. But in imposing 10 points on Everton they're kind of implying that if Man City and Chelsea are guilty of their breaches then they're going to be suffering Rangers-like multiple relegations. Which would be great in my book. About time the rules were applied the same to everyone.

Rangers only got punished with a 10 pt deduction by the SFA and certainly didn't suffer multiple relegations as part of any punishment. The entity of Glasgow Rangers went into administration and finally liquidation. The new entity tried to keep the old businesses place in the SPL, with them and SFA wanting them to start directly in Div 1. Luckily they were only allowed to start in the third by the SFL clubs.

[IFWaters]

I stand corrected. I'd still like to see Man City relegated to the National League though.

[ChicagoLion]

The FA may be under pressure to make an example of someone because of the independent regulator thing that's coming in. But in imposing 10 points on Everton they're kind of implying that if Man City and Chelsea are guilty of their breaches then they're going to be suffering Rangers-like multiple relegations. Which would be great in my book. About time the rules were applied the same to everyone.

It won’t be though.

[Hillbilly]

There’s more chance of Villa being done for ffp than Man City or Chelsea. Not on any rational basis but just because.

[Ads]

I think Chelsea are more fucked than Man City.

[ChicagoLion]

I think Chelsea are more fucked than Man City.

They have admitted it and Co-operated thinking that as it was under a previous regime they would get clemency.
Man citeh on the other hand have thrown an army of lawyers at it and raised the drawbridge.

[Clive W]

Would someone please confirm (hopefully) that we are in the clear as regards to ffp

I don’t fully understand the ffp rules as they seem to change every now and again

Clarification would be gratefully appreciated

[Smithy]

Would someone please confirm (hopefully) that we are in the clear as regards to ffp

I don’t fully understand the ffp rules as they seem to change every now and again

Clarification would be gratefully appreciated

I don't believe you can ever know "for certain", as club accounts don't go to the level of detail required to know what our FFP position is to the exact £.  But people far better informed in these things than I am, can - and do - go through club player transactions and revenues to get rough idea of what the FFP position is, which might be close enough to be within a couple of million of the real position.  The difficulty comes when player transactions and values aren't public knowledge.

The short version is we're almost certainly in the clear right now, thanks to the sales of homegrown players over the last few years, all of which gets counted on your FFP books as "profit" the year of the sale.  How much wiggle room we have to allow spending in January, I've no idea - but I'm sure there are a few people in this thread who have a pretty good idea of how much more we can spend before it gets into dangerous territory.

[Dave]

The short version is we're almost certainly in the clear right now, thanks to the sales of homegrown players over the last few years, all of which gets counted on your FFP books as "profit" the year of the sale. 

At the VERY least, those homegrown player sales show (and I think at the end of the summer there were people from the club on record saying) that it's something we're making sure we stay on the correct side of.

[Smithy]

it's also worth bearing in mind, that the FFP rules don't create a "level playing field".  Our total revenue was about £180m last year.  Man City's wage bill ALONE was £422m.  They're almost playing a different sport entirely.

Will we ever get to the point where we are paying the sorts of wages seen at the top end of the table? Possibly, but it will take a pretty significant set of changes to the club across the board to realise it.  Qualifying for European football was a great start.  Next step is the Champions League and all the extra commercial benefits this presents.  We probably need to be a £300m+ revenue club to challenge at the top end of the table and not have to worry too much about FFP.  That would put us up with the likes of Chelsea, Spurs, Arsenal.  Even West Ham are at £250m. 

We're on the right track though, and going from mid-table in the Championship to Champions League contenders in five years without falling foul of FFP rules is pretty impressive.

[Jon Crofts]

On this day in 2011 Citeh announced losses of £197 million. Quite the turnaround in fortunes don't you think.

[VillaTim]

On this day in 2011 Citeh announced losses of £197 million. Quite the turnaround in fortunes don't you think.

Chelsea posted losses of £200m in their last accounts

[Smithy]

On this day in 2011 Citeh announced losses of £197 million. Quite the turnaround in fortunes don't you think.

Chelsea posted losses of £200m in their last accounts

You can lose money as a club, and more than the FFP amounts, but not on players/playing costs.  For example, I think all the money we're ploughing to the ground and the new academy buildings will cost us loads, but they aren't included in the FFP calculations.

[N'ZMAV]

Nothing will happen to City or Chelsea.