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Author Topic: FFP  (Read 144526 times)

Offline Sexual Ealing

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Re: FFP
« Reply #915 on: February 28, 2024, 03:09:22 PM »
In net spend terms in 22/23 we lost £50m but we did bring in £20m for Chukwuemeka which was pure FFP profit and must have covered a few of our signings year one FFP. So if there was an issue it must surely have been around wages, I don't even want to know how much we were paying Coutinho, Ings etc. But we were also offering a huge deal to Chukwuemeka too so can't have been that concerned?

If Purslow had accidentally driven us into a financial abyss you'd think he'd be in hiding rather than sitting with the away fans at games.

It doesn't make sense to me however things have been going so well I am fully expecting it to happen.

The bloke gave fifty grand to the Tory party. I doubt shame takes up any space in his emotional palette.

Offline London Villan

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Re: FFP
« Reply #916 on: February 28, 2024, 03:09:49 PM »
It's also potentially the reason we were tying to get rid of Luca Dinge too.

Offline Dogtanian

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Re: FFP
« Reply #917 on: February 28, 2024, 03:17:00 PM »
Well as Purslow left in June 2023 and we know the accounts up to May 2023 arenít in breach, he must have had one hell of a leaving party and golden handshake to screw us up!

All joking aside, if he did leave sufficient mess to cause a problem in this years figures, we had a chance to nullify it by not spending £70m more on topÖ

So, I donít think we can put the blame at his door if there does turn out to be an issue.

Offline Smithy

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Re: FFP
« Reply #918 on: February 28, 2024, 03:21:42 PM »
I think most people would have seen it as a £17m gamble - which for a player that was sold a couple of years previously for +£100m was worthwhile.

As soon as his mate was sacked, then his days were numbered. Pity we can't at least get some of that £17m back...
Yep, this.  We paid £17m for a player who might've returned to being a £100m+ player.  It didn't work out.  There'll be other similar buys that do work out (e.g. Tyrone Mings was arguably a similar signing - loan then purchase of an out-of-favour player).  These things happen - it was worth a punt.
i think it's a big mistake . The loan was perfect and anyone with a rationale head could see Coutinho was a busted flush other than irregular moments of magic. It was a crazy signing and again Purslow getting too involved doesn't help

I think there is a bit of revisionism going on here.  In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point.  Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely.  I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway.  The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.

Clearly Unai and his team want him off the wage bill so they can bring in their own players, and that's absolutely fine, but I also think that if we had an injury crisis that meant he had to play a part in our team again (a la Chambers), then Unai could get a tune out of him.  It won't happen though, and I suspect we'll see him go somewhere in the Middle East on a permanent this summer.  Whether we cover our FFP position or not is anyone's guess, but even if he went on a free, it would still only cost is about £8m in FFP terms now.

Online Gareth

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Re: FFP
« Reply #919 on: February 28, 2024, 03:35:57 PM »
I think most people would have seen it as a £17m gamble - which for a player that was sold a couple of years previously for +£100m was worthwhile.

As soon as his mate was sacked, then his days were numbered. Pity we can't at least get some of that £17m back...
Yep, this.  We paid £17m for a player who might've returned to being a £100m+ player.  It didn't work out.  There'll be other similar buys that do work out (e.g. Tyrone Mings was arguably a similar signing - loan then purchase of an out-of-favour player).  These things happen - it was worth a punt.
i think it's a big mistake . The loan was perfect and anyone with a rationale head could see Coutinho was a busted flush other than irregular moments of magic. It was a crazy signing and again Purslow getting too involved doesn't help

I think there is a bit of revisionism going on here.  In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point.  Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely.  I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway.  The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.

Clearly Unai and his team want him off the wage bill so they can bring in their own players, and that's absolutely fine, but I also think that if we had an injury crisis that meant he had to play a part in our team again (a la Chambers), then Unai could get a tune out of him.  It won't happen though, and I suspect we'll see him go somewhere in the Middle East on a permanent this summer.  Whether we cover our FFP position or not is anyone's guess, but even if he went on a free, it would still only cost is about £8m in FFP terms now.

And letís not forget during that loan spell there were plenty panicking that if we didnít make it permanent that Newcastle would style in and nick him from us.

Doesnít look great in hindsight but it was a gamble the club tookÖit just didnt work

Offline Somniloquism

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Re: FFP
« Reply #920 on: February 28, 2024, 03:38:03 PM »

I think there is a bit of revisionism going on here.  In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point.  Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely.  I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway.  The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.

4 goals in 16 starts, or 5 goals in all 19 games. However when you break it down further, 4 goals (and three assists) in 8 matches. One goal in the last 11. It was those 11, the lack of impact in most of these matches and actually Buendia's form in the same period of lack of impact (two goals and three assists whilst mostly being a sub) that had me thinking save the Coutinho money for someone else.

Offline Risso

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Re: FFP
« Reply #921 on: February 28, 2024, 03:40:11 PM »
In net spend terms in 22/23 we lost £50m but we did bring in £20m for Chukwuemeka which was pure FFP profit and must have covered a few of our signings year one FFP. So if there was an issue it must surely have been around wages, I don't even want to know how much we were paying Coutinho, Ings etc. But we were also offering a huge deal to Chukwuemeka too so can't have been that concerned?

If Purslow had accidentally driven us into a financial abyss you'd think he'd be in hiding rather than sitting with the away fans at games.

It doesn't make sense to me however things have been going so well I am fully expecting it to happen.

The bloke gave fifty grand to the Tory party. I doubt shame takes up any space in his emotional palette.

Sawiris gave them £200K.

Offline Brazilian Villain

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Re: FFP
« Reply #922 on: February 28, 2024, 03:43:13 PM »
I think there is a bit of revisionism going on here.  In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point.  Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely.  I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway.  The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.

And letís not forget during that loan spell there were plenty panicking that if we didnít make it permanent that Newcastle would style in and nick him from us.

Doesnít look great in hindsight but it was a gamble the club tookÖit just didnt work

Agreed, I seem to recall the mood being pretty euphoric on here, with lots of chat about how we'd pulled Barca's pants down by negotiating a lower price than previously agreed.

Offline lovejoy

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Re: FFP
« Reply #923 on: February 28, 2024, 05:06:48 PM »
Well as Purslow left in June 2023 and we know the accounts up to May 2023 arenít in breach, he must have had one hell of a leaving party and golden handshake to screw us up!

All joking aside, if he did leave sufficient mess to cause a problem in this years figures, we had a chance to nullify it by not spending £70m more on topÖ

So, I donít think we can put the blame at his door if there does turn out to be an issue.

How do we know that?

Offline VillaTim

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Re: FFP
« Reply #924 on: February 28, 2024, 05:12:53 PM »
In net spend terms in 22/23 we lost £50m but we did bring in £20m for Chukwuemeka which was pure FFP profit and must have covered a few of our signings year one FFP. So if there was an issue it must surely have been around wages, I don't even want to know how much we were paying Coutinho, Ings etc. But we were also offering a huge deal to Chukwuemeka too so can't have been that concerned?

If Purslow had accidentally driven us into a financial abyss you'd think he'd be in hiding rather than sitting with the away fans at games.

It doesn't make sense to me however things have been going so well I am fully expecting it to happen.

The bloke gave fifty grand to the Tory party. I doubt shame takes up any space in his emotional palette.
Interesting, wonder what he's after , probably planning permission for an Orangery or similar

Offline Dogtanian

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Re: FFP
« Reply #925 on: February 28, 2024, 05:14:19 PM »
Well as Purslow left in June 2023 and we know the accounts up to May 2023 arenít in breach, he must have had one hell of a leaving party and golden handshake to screw us up!

All joking aside, if he did leave sufficient mess to cause a problem in this years figures, we had a chance to nullify it by not spending £70m more on topÖ

So, I donít think we can put the blame at his door if there does turn out to be an issue.

How do we know that?

Because all clubs had to submit last seasons accounts in December so any breaches could be charged this season. Only Forest and Everton were charged.

Offline Villan82

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Re: FFP
« Reply #926 on: February 28, 2024, 05:27:37 PM »
With regards to the stopping of the re-development, maybe the club could not afford to have 10,000 less fans in the ground for each home game for the next 2-3 seasons?

It would be 6k and if that is the reason there is never a time we can do it?

Offline eamonn

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Re: FFP
« Reply #927 on: February 28, 2024, 06:10:08 PM »
Coutinho has played less than 10 games in Qatar in the five or so months he's been there. I presume he's been injured. I wonder will any of the clubs in the middle-east really want to fork out £100k a week (I wonder are we subsidising his wages) or so for a guy that's barely fit and talented though he may be, looks increasingly a busted flush.

Offline Somniloquism

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Re: FFP
« Reply #928 on: February 28, 2024, 06:15:03 PM »
They have only played 12 matches so far this season and he missed the first few as he wasn't signed. I think they take a break in December and start again in March.

Edit: Although I would have thought he would have tore up the league a bit more then he has done though.
« Last Edit: February 28, 2024, 06:16:50 PM by Somniloquism »

Offline lovejoy

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Re: FFP
« Reply #929 on: February 28, 2024, 06:25:56 PM »
Looks like we've changed out year end from May to June for 2024 so accounts out a month later next year. We should get the 2023 accounts over the next few days.

 


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