FFP

[kippaxvilla2]

There’s actually yes wait for it a good piece in the meaning evil about this from yesterday but because of the adverts and general shiteness of the website I’m not uploading it.

[Percy McCarthy]

Could anyone answer me this: if we sell players for less than their unamortised value, like Carlos or Donk for instance, does that harm our PSR position by adding to losses?

Without any real expertise, I kind of think it must mustn’t it?

[lovejoy]

Yes it crystallises a loss in the current period (but saves wages and amotisation in future years).
So to fix this year we need to sell players on whom we can make a profit eg those who we didnt pay to buy or have been here for ages.

[Percy McCarthy]

Yes it crystallises a loss in the current period (but saves wages and amotisation in future years).
So to fix this year we need to sell players on whom we can make a profit eg those who we didnt pay to buy or have been here for ages.

Thought so. Cheers.

[teamvillage]

Yes it crystallises a loss in the current period (but saves wages and amotisation in future years).
So to fix this year we need to sell players on whom we can make a profit eg those who we didnt pay to buy or have been here for ages.

This can mean that it could make sense to loan certain players out rather than sell them, presumably.

[lovejoy]

I dont think loaning players out will make the profit sufficient enough to report the £30-£60m hole. I think there are 4 options:
1. The quoted gap is wrong as the guys running thr club would never have got us into this issue where buying clubs act like vultures (Im looking at you Spurs) and try and pick off players on the cheap
2. Sell a raft a academy players/fringe players who have no carrying value in the accounts (Archer etc)
3. Sell a star for a big profit (has to be Luiz as Watkins and Martinez are irreplaceable)
4. Take the 2 point hit like Everton got last year

Im hoping for 1. but there's enough smoke to make me concerned. I don't like 4 as it lacks finesse and is high risk. I'd investigate 2. but maybe we end up doing 3.

[Percy McCarthy]

I dont think loaning players out will make the profit sufficient enough to report the £30-£60m hole. I think there are 4 options:
1. The quoted gap is wrong as the guys running thr club would never have got us into this issue where buying clubs act like vultures (Im looking at you Spurs) and try and pick off players on the cheap
2. Sell a raft a academy players/fringe players who have no carrying value in the accounts (Archer etc)
3. Sell a star for a big profit (has to be Luiz as Watkins and Martinez are irreplaceable)
4. Take the 2 point hit like Everton got last year

Im hoping for 1. but there's enough smoke to make me concerned. I don't like 4 as it lacks finesse and is high risk. I'd investigate 2. but maybe we end up doing 3.

5. https://www.fourfourtwo.com/news/chelsea-sell-training-ground-to-get-around-financial-problems-report#

[Rigadon]

I wonder whether FFP has anything he to do with the about face on tbs north stand.  I don’t mean we can’t afford to redevelop, rather if we’ve stalled to get some kind of stadium naming stuff on the go. 

[lovejoy]

Costs of construction and allocated interest rates get capitalised so not shown as a loss for FFP.

[ozzjim]

Sawaris has given an interview to the Financial Times admitting we are considering legal action about FFP and PSR being anti competitive. Sounds pretty pissed off.

[Rigadon]

Yeah, I mean getting some kind of deal to sponsor a new ground to ease any FFP issue.  Just a thought, probably wrong.  Still feels like a weird decision after all the planning permission stuff. 

 

[Dante Lavelli]

Costs of construction and allocated interest rates get capitalised so not shown as a loss for FFP.

Tricky to sponsor a stand that’s not there though. The last dance of the North Stand sponsored by Tango

[algy]

Costs of construction and allocated interest rates get capitalised so not shown as a loss for FFP.

Tricky to sponsor a stand that’s not there though. The last dance of the North Stand sponsored by Tango

Stockport 115 would give it a good shot though

[algy]

I dont think loaning players out will make the profit sufficient enough to report the £30-£60m hole. I think there are 4 options:
1. The quoted gap is wrong as the guys running thr club would never have got us into this issue where buying clubs act like vultures (Im looking at you Spurs) and try and pick off players on the cheap
2. Sell a raft a academy players/fringe players who have no carrying value in the accounts (Archer etc)
3. Sell a star for a big profit (has to be Luiz as Watkins and Martinez are irreplaceable)
4. Take the 2 point hit like Everton got last year

Im hoping for 1. but there's enough smoke to make me concerned. I don't like 4 as it lacks finesse and is high risk. I'd investigate 2. but maybe we end up doing 3.

I think 1 is the most likely, that we are OK but maybe can't afford to go all out in the transfer market to solidify our position without selling players. We tried to get £30m added on more so that we could exploit our position than because we specifically need it, but Maguire etc have put 2 and 2 together and got 5, thinking the only reason we asked for it to be increased is because we're screwed.

I just can't see us having messed up that badly when generally we seem to be a pretty tightly run ship these days.

[ChicagoLion]

If we announced the Stand build, there is nothing to stop us selling the naming rights and receiving income during construction, it would be referred to as the Pontins Stand development or whatever.