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Author Topic: FFP  (Read 533959 times)

Offline Tuscans

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Re: FFP
« Reply #3840 on: January 29, 2025, 10:47:35 PM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

Online paul_e

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Re: FFP
« Reply #3841 on: January 29, 2025, 10:56:52 PM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

We already have. That was based on turnover of £204m. we're going to come close to doubling that this season without having increased our wage bill all that much.

Offline caster troy

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Re: FFP
« Reply #3842 on: January 29, 2025, 11:01:25 PM »
War chest activated! Let’s get Felix and whichever young striker Don Emery thinks will be the next superstar. Kilicsoy? And a centre back who can cover right back of course.

Offline Tuscans

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Re: FFP
« Reply #3843 on: January 29, 2025, 11:03:51 PM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

We already have. That was based on turnover of £204m. we're going to come close to doubling that this season without having increased our wage bill all that much.
2024 accounts show revenues of 310 million euros ( £260 million ) of which 96% of that is spent on wages. We don't yet know what 2025 accounts will show, probably an increase in revenue yes but who knows what our outgoings will be on who we bring in, salaries and other expenses etc when it comes to the next accounting period.

Online Somniloquism

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Re: FFP
« Reply #3844 on: January 29, 2025, 11:38:00 PM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

We were ok for last season, ie accounts upto June 2024. They won't know about this season until June 2025. However Duran will definitely do a lot towards it, depending on how much we spend getting someone in.

Offline Clive W

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Re: FFP
« Reply #3845 on: January 29, 2025, 11:54:46 PM »
The fact that we are selling/loaning players without seemingly having replacements in situ suggests that we are still sailing close to the wind in relation to FFP

Offline London Villan

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Re: FFP
« Reply #3846 on: January 29, 2025, 11:56:18 PM »
Not any more we’re not.

Offline DB

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Re: FFP
« Reply #3847 on: January 30, 2025, 12:00:29 AM »
Sorry if already covered, but how much do we get for progressing into the top 8 of the CL...?

Online paul_e

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Re: FFP
« Reply #3848 on: January 30, 2025, 12:02:04 AM »
Sorry if already covered, but how much do we get for progressing into the top 8 of the CL...?

Including cash for winning the game tonight has earned us another €13m

Offline PeterWithesShin

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Re: FFP
« Reply #3849 on: January 30, 2025, 12:02:25 AM »
Sorry if already covered, but how much do we get for progressing into the top 8 of the CL...?

2.7m Euros for the win and 11m for 8th. I think it is.

Offline DB

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Re: FFP
« Reply #3850 on: January 30, 2025, 12:02:38 AM »
Sorry if already covered, but how much do we get for progressing into the top 8 of the CL...?

Including cash for winning the game tonight has earned us another €13m

Cheers.

Online Somniloquism

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Re: FFP
« Reply #3851 on: January 30, 2025, 12:18:27 AM »
Sorry if already covered, but how much do we get for progressing into the top 8 of the CL...?

2.7m Euros for the win and 11m for 8th. I think it is.


€2.1m for the win. About 8mil* for finishing 8th. Then 11m is for qualifying to the the next round direct.

*Draws only get 0.7m for each team and a further 0.7mil goes into a pot to also be shared out across the league so maybe closer to 9mill

Offline tomd2103

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Re: FFP
« Reply #3852 on: January 30, 2025, 02:08:01 AM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

We already have. That was based on turnover of £204m. we're going to come close to doubling that this season without having increased our wage bill all that much.
2024 accounts show revenues of 310 million euros ( £260 million ) of which 96% of that is spent on wages. We don't yet know what 2025 accounts will show, probably an increase in revenue yes but who knows what our outgoings will be on who we bring in, salaries and other expenses etc when it comes to the next accounting period.

When does it change from the rolling 3 year period to percentage of revenue?

Offline Tuscans

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Re: FFP
« Reply #3853 on: January 30, 2025, 02:15:21 AM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

We already have. That was based on turnover of £204m. we're going to come close to doubling that this season without having increased our wage bill all that much.
2024 accounts show revenues of 310 million euros ( £260 million ) of which 96% of that is spent on wages. We don't yet know what 2025 accounts will show, probably an increase in revenue yes but who knows what our outgoings will be on who we bring in, salaries and other expenses etc when it comes to the next accounting period.

When does it change from the rolling 3 year period to percentage of revenue?
I think because we're in a UEFA competition it's in effect this season and spending must not exceed 90 per cent of turnover, dropping to a 70 per cent limit by 2025-26 and thereafter. From what I read.

https://onefootball.com/en/news/premier-league-clubs-have-now-voted-to-move-from-psr-ffp-to-uefa-squad-cost-ration-alignment-39189520

Offline Percy McCarthy

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    • King City Online
Re: FFP
« Reply #3854 on: January 30, 2025, 02:24:21 AM »
So assuming we are going to be massively ok with duran sale?
We know we're okay at present because the Premier League have said so. But we need to sort out this 96-98% of our revenue being spent on wages.

We already have. That was based on turnover of £204m. we're going to come close to doubling that this season without having increased our wage bill all that much.

Last season’s accounts actually. So €310m. But yes, it will be helped by this season’s increased turnover and, by the look of it, player trading.

 


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