https://x.com/K__AVFC/status/1784958583366389906?s=09This thread explains why we may have voted against it.In summary, PL teams can spend loads to get into Europe, but the ones in Europe already can't because of the UEFA FFP rules. So in theory, we're in Europe so can't spend next season. Newcastle, if they don't get in, can spend a shitload if cash without penalty for the season until they get in.Makes it harder for us to stay in Europe basically.
Makes it harder for us to stay in Europe basically.
I don’t think this is right. There is a limit in spending against turnover. 70 in Europe and 85 domestically So excessive spending is only ok if revenue is huge!
Quote from: jon collett on April 29, 2024, 04:53:50 PMI don’t think this is right. There is a limit in spending against turnover. 70 in Europe and 85 domestically So excessive spending is only ok if revenue is huge!So basically Man Yoo will dominate football again in the near future because their revenue/potential revenue will dwarf other clubs?
For example #AVFC's revenue was £218m last year. So theoretically, they would be able to spend £196.2m in 23/24, £174.4m in 24/25 and £152.6m in 25/26 onwards on transfers, wages and agent fees if they're in UEFA competition for the season and didn't increase their revenue (6/16)Kurt@K__AVFC·There's basically a £300m black hole that we can't spend if we don't want to fall foul to UEFA's profit and sustainability rules and either get a financial punishment or get banned from Europe for a year or two #AVFC (10/16)Kurt@K__AVFC·
However, in 24/25, we will be getting Champions League money, so for that season we can add another, what? £100M/£150M, or whatever it is over the season.Is that correct, or am I thinking too simply...