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Author Topic: FFP  (Read 146131 times)

Offline pauliewalnuts

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Re: FFP
« Reply #1845 on: March 19, 2024, 11:16:52 AM »
https://vipfootballhospitality.com/tickets/aston-villa/



Yes this came up on my facebook .  Glorified touts !

I also find it pretty hard to believe that pricing for Liverpool doesn't reflect the fact they reckon there'll be tons of Liverpool 'fans' wanting to see the game, no matter the price, what with the impending exit of Saint Jurgen of Dortmund.

Offline pauliewalnuts

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Re: FFP
« Reply #1846 on: March 19, 2024, 11:23:06 AM »
There's enough space behind the Stretford End to build a complete new stadium that's just a car park at present.

Or alternatively, dig a monumentally deep and wide hole, demolish the current ground - ideally with fans still in their seats - and deposit the fucking lot in there, like the pitiful pile of builders' rubble it deserves to be, throw in all their celebrity 'fans' (Eamonn Holmes and James Nesbitt first, please), then concrete it over and build something more culturally positive, like a car park.

Offline Clark W Griswold

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Re: FFP
« Reply #1847 on: March 19, 2024, 11:26:13 AM »
Or something a bit classier, like a huge LIDL

Offline Drummond

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Re: FFP
« Reply #1848 on: March 19, 2024, 11:39:05 AM »
Or a jail.

Online Brazilian Villain

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Re: FFP
« Reply #1849 on: March 19, 2024, 11:54:56 AM »
Or a jail.

Not a bad idea when they have Antony and Mason Greenwood on their books.

Offline pablo_picasso

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Re: FFP
« Reply #1850 on: March 19, 2024, 12:05:34 PM »
Modern football and capitalism (amiritekids) inadvertently summed up by exactly the right person:

Quote
West Ham owner David Sullivan told Sky Sports: "The Premier League is the best league in the world so why change a winning formula?

"I hope the government don't wreck something that works. If over the coming seasons the Premier League ceases to be the best league in the world, it will be down to an interfering government."

He added: "Between the 20 clubs there is almost £2bn of debt, so there isn't really 'available cash' to give away."

Everything's great, although we're all bang on the edge of financial disaster.

£2B of debt. Isn't about £1B of that ManU's?

But the "profit & sustainability rules" are there to stop clubs going into debt...

The name of "Financial Fair Play" was changed because lets face it, it was a trading standards lawsuit waiting to happen, but the clubs are £2B in debt, so I wonder if the name of the "profit & sustainability rules" will be changed too, considering there is still so much debt, even to clubs who can spend 400% more than most other clubs in the league.

"Profit & status-quo-ability"?

"Profit & fuck your club if you are outside of the media & marketing favourite six clubs, albeit with a special mention to Newcastle, because, well, you know, money & West Ham because? Fuck knows... London?".

Everton was one charge, Forest was one charge and they engaged and cooperated throughout. Man City have 115 charges, aren't complying at all, are delaying at every opportunity and thus it's taking a lot longer.

The book has to be thrown at them, in the strongest possible terms, otherwise it's all pointless and there will be litigation galore from lots of other clubs which could finish the Premier League.

My only concern is that the government try to get involved to smooth the process because Abu Dhabi threaten to withdraw funding etc. You can see from the government intervening to help the Saudis take over Newcastle for precedence.

If they are really going at them hard then surely there should be interim sanctions.  If you don't supply this information by this date then you will be suspended from this competition etc.  Rather than crowning them again with yet more trophies that they have cheated their way to, with the media continuing to fawn over their greatness.

It doesn't feel to me at all like the book has been thrown at them.  If it has, it was a gentle underarm lob.

I would ban them from being able to make transfers & then deduct them three points for every week that they fuck about refusing to give a document.
« Last Edit: March 19, 2024, 12:09:46 PM by pablo_picasso »

Offline john e

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Re: FFP
« Reply #1851 on: March 19, 2024, 12:48:51 PM »
Man Utd might be 1b in debt but the club is worth 5b + so it’s hardly negative equity

Offline Clark W Griswold

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Re: FFP
« Reply #1852 on: March 19, 2024, 01:14:25 PM »
Surely they're not worth that much?

Offline Risso

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Re: FFP
« Reply #1853 on: March 19, 2024, 01:17:40 PM »
Surely they're not worth that much?

Well Jim Ratcliffe has just bought 28% for £1.4bn, so yes they are.

Offline Simon Page

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Re: FFP
« Reply #1854 on: March 19, 2024, 01:36:57 PM »
I'd suggest £2bn is a figure that just came out of Porno's gob. The true figure will be much more and it's all fine until there's no-one to buy your debt-ridden business, or the people you owe get itchy. Not that either scenario would ever happen to any club, company, banking sector, national economy...

The important thing is the Premier League is brilliant but please don't look too closely.

Offline Clark W Griswold

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Re: FFP
« Reply #1855 on: March 19, 2024, 01:37:48 PM »
Jesus.
I don’t tend to keep up with their news but that’s a shocker.

Offline pablo_picasso

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Re: FFP
« Reply #1856 on: March 19, 2024, 01:52:37 PM »
Man Utd might be 1b in debt but the club is worth 5b + so it’s hardly negative equity

That might very well be the case, but they still have more debt than most clubs are worth & PSR is meant to be a way to stop clubs going into debt.

Clubs should be forced to pay off their debt before being given 400% advantage over clubs with no debt.

And if it's not a problem for them, then paying it off should be pretty speedy & smooth.

Offline pauliewalnuts

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Re: FFP
« Reply #1857 on: March 19, 2024, 02:07:55 PM »
I'd suggest £2bn is a figure that just came out of Porno's gob. The true figure will be much more and it's all fine until there's no-one to buy your debt-ridden business, or the people you owe get itchy. Not that either scenario would ever happen to any club, company, banking sector, national economy...
.

Yep - Man United's debt plus Spurs must have nearly as much from their stadium build, not to mention Everton. It's way more than 2bn

Offline ChicagoLion

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Re: FFP
« Reply #1858 on: March 19, 2024, 02:42:35 PM »
Man Utd might be 1b in debt but the club is worth 5b + so it’s hardly negative equity

That might very well be the case, but they still have more debt than most clubs are worth & PSR is meant to be a way to stop clubs going into debt.

Clubs should be forced to pay off their debt before being given 400% advantage over clubs with no debt.

And if it's not a problem for them, then paying it off should be pretty speedy & smooth.
No, it was bought into stop clubs going bust.

Offline pablo_picasso

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Re: FFP
« Reply #1859 on: March 19, 2024, 03:52:59 PM »
Having huge debts, going bust, its all linked.

A club that has nearly £1B debt should not be allowed to have a 400% spending advantage over clubs with no debt. Especially if the club with no debt have wealthy owners.

If ManU have debt that is serviceable, what is the difference between them & their serviceable debt due to large profits, or a club having wealthy owners who can finance potential purchases?

If, the purpose of PSR is about stopping clubs spending beyond their means, going into debt, or going bust?

 


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