FFP

[dave.woodhall]

Doug used to put an appeal in the programme asking
 for volunteers to sell raffle tickets to raise funds. At
 the time we were European bleedin' Champions. What a visionary.

Firstly,  welcome. It sounds like you'll fit right in here. Second, without wishing to re-visit the Ellis years for the millionth time, we're paying the price for 25 years of commercial underperformance.

[Sexual Ealing]

As Smithy says above, something needs to change. I don't know what that is, but it's important to not get sucked in to the idea that there was ever a golden age of total equality. Liverpool have seldom been outside the top six of the top flight in 50 years, Man Utd in 30 years and Arsenal since the 1930s.

They got to those positions broadly because they built great teams, and they've capitalised on the wealth of the modern era to become untouchable. But they're inevitably the most popular clubs because success breeds success, as we've seen with the inexplicable popularity of Chelsea this century (if only all their African fans knew what their British fans are like!)

This luxury tax idea is obviously a sop to Newcastle et al, but I imagine Villa would vote for it (for our own selfish reasons), as would the mid-lower-table clubs because they're never going to say no to free money. It stinks, but the Premier League has been increasingly whiffy since its inception. I'd see this as being marginally less awful than the status quo (and much less awful than Status Quo).

[curiousorange]

Good use of 'whiffy'. It was like Rik Mayall was back with us for a second.

[ChicagoLion]

The idea is really only designed to benefit one club and that's Saudi United. The likes of Abu Dhabi, Liverpool, Yanited and even Arsenal already have huge revenues and anything that enables clubs with lower income to match their spending is only going to eat into their current financial advantage.

Agree, it’s a bad idea and is really just allowable corruption.
We can spend as much as we like and keep buying titles as long as we are bunging backhanders to keep everyone quiet. It will just keep feeding higher wages, agents fees and graft.
I don’t understand why The authorities do not adopt the measures (covenants) that Financial institutions use to control financial excess in respect of Borrowers and Investees.

[Simon Page]

Because the sport and prized community asset formerly known as football is only "a business" when it's selling something.

[Olneythelonely]

Not seen if it’s been mentioned but we’ve moved our year end to June. Presumably to give us more time to raise funds?

[Percy McCarthy]

Not seen if it’s been mentioned but we’ve moved our year end to June. Presumably to give us more time to raise funds?

Possibly, and/or to mirror the accounting period of PSR.

[dave.woodhall]

I think it's more because most clubs do it like that now.

[Olneythelonely]

That does make sense

[DB]

Everton deducted 2 more points. They will stay up though I reckon.

[Drummond]

2 points! I'd be happy we breach for that.

[Gareth]

Media need to stop writing the nonsense articles that teams need to sell by the end of June for PSR/FFP…they definitely don’t now that the benchmarks are set

[Toronto Villa]

The consequences of points deductions hurts the teams at the bottom more than the top. In the end, if Man City got a 10 point deduction, they’d still make CL. Ok, so they don’t win the league one year, but they get pretty much everything else including staying in the CL for the current season. This whole thing is going to end up protecting them when their time comes. Especially if points deductions are replaced by a luxury tax. Something a country or state can easily fund to guarantee ongoing success. The whole thing is a sham.

[eamonn]

Good use of 'whiffy'. It was like Rik Mayall was back with us for a second.

Likely a strong influence on the young 'Sexual'.

[lovejoy]

2 points is not a deterrent we dropped that in 9 minutes on Saturday.