Quote from: ChicagoLion on June 08, 2021, 09:46:32 AMQuote from: paul_e on June 08, 2021, 09:11:28 AMWhere we stand is that our CEO was a key player in writing the regulations. If we're doing something it's because he knows that it's within the rules or covered by a loophole of some sort.On top of that even with the 2 years in 1 thing and writing off of some covid related debts I can't see FFP surviving as is because the impact is so broad that any sanctions would be open to legal challenge.and very few European clubs will be able to meet the existing criteria.So they may try to rewrite the rules and after the ESL debacle I think that they may find that extremely difficult.That is without Citeh flagrantly undermining the whole process.The speculation that it will all fall down is great, I hope it does. But I don't see us being the club leading the charge in challenging it legally. I believe we will try to comply with it, albeit as creatively as we can. So the point remains pre-Covid it was a petty simple £105m a season loss over 3 seasons. I know clubs are allowed to add back in Covid losses which I think are estimated at c £30m, but I don't really have any understanding of the detail or where we stand. I wondered if anybody else does?
Quote from: paul_e on June 08, 2021, 09:11:28 AMWhere we stand is that our CEO was a key player in writing the regulations. If we're doing something it's because he knows that it's within the rules or covered by a loophole of some sort.On top of that even with the 2 years in 1 thing and writing off of some covid related debts I can't see FFP surviving as is because the impact is so broad that any sanctions would be open to legal challenge.and very few European clubs will be able to meet the existing criteria.So they may try to rewrite the rules and after the ESL debacle I think that they may find that extremely difficult.That is without Citeh flagrantly undermining the whole process.
Where we stand is that our CEO was a key player in writing the regulations. If we're doing something it's because he knows that it's within the rules or covered by a loophole of some sort.On top of that even with the 2 years in 1 thing and writing off of some covid related debts I can't see FFP surviving as is because the impact is so broad that any sanctions would be open to legal challenge.
Unless there's a hacker posting on here or Wes Edens posting under a pseudonym, nobody has the necessary financial information to hand to really answer your question.I tend to agree with other posters, after a year without full stadiums or corporate hospitality it's very unlikely many clubs can currently comply with FFP.I also don't believe that we're selling Grealish to balance the books, if that's what you're really asking.
Quote from: pauliewalnuts on June 07, 2021, 09:10:13 PMQuote from: Lastfootstamper on June 07, 2021, 06:05:18 PMYou'd be better off putting these questions to SHA and Molineux Mix. It's pretty amazing to hear Wolves fans pointing at us and screaming FFP!Take a look closer to home, bitches.Surely selling their two best players to Liverpool and Spurs last summer will have helped with FFP.
Quote from: Lastfootstamper on June 07, 2021, 06:05:18 PMYou'd be better off putting these questions to SHA and Molineux Mix. It's pretty amazing to hear Wolves fans pointing at us and screaming FFP!Take a look closer to home, bitches.
You'd be better off putting these questions to SHA and Molineux Mix.
Quote from: danno on June 08, 2021, 10:11:17 AMUnless there's a hacker posting on here or Wes Edens posting under a pseudonym, nobody has the necessary financial information to hand to really answer your question.I tend to agree with other posters, after a year without full stadiums or corporate hospitality it's very unlikely many clubs can currently comply with FFP.I also don't believe that we're selling Grealish to balance the books, if that's what you're really asking.No it's not. I guess I'm asking how much more we can likley spend this season without being at serious risk.
Quote from: Damo70 on June 07, 2021, 09:15:42 PMQuote from: pauliewalnuts on June 07, 2021, 09:10:13 PMQuote from: Lastfootstamper on June 07, 2021, 06:05:18 PMYou'd be better off putting these questions to SHA and Molineux Mix. It's pretty amazing to hear Wolves fans pointing at us and screaming FFP!Take a look closer to home, bitches.Surely selling their two best players to Liverpool and Spurs last summer will have helped with FFP.#That raised about 45m. Not huge
Quote from: Dave P on June 07, 2021, 07:15:38 PMMy take.Under Xia, I used to worry about FFP.Under NSWE, I don't.Hope this helps.Not really Dave, no.We all know we're being better managed financially. I was hoping for a more sensible answer on where we stand with FFP and how much more we can spend before we would be in breach of the regulations. There's a finate amount we can spend over a 3 year period and we must be getting very close to it. We're just the sort of club they would like to make an example of so we can't just ignore it and say 'we're significantlu richer than yow.'
My take.Under Xia, I used to worry about FFP.Under NSWE, I don't.Hope this helps.
The Swiss Ramble was always my go to website for money/football stuff but it doesn’t appear to have been updated for a while. He’s on twitter but I don’t know how to use/search there.
Quote from: Dante Lavelli on June 08, 2021, 05:49:07 PMThe Swiss Ramble was always my go to website for money/football stuff but it doesn’t appear to have been updated for a while. He’s on twitter but I don’t know how to use/search there. Nooooooooooooooo!
EBITDA...the working title to Trio's 1980 classic Da Da Da. Fiscal prudence often came first in West Germany.
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Topic: FFP (Read 145473 times)
