FFP

[Percy McCarthy]

So, if we (and the other two clubs who would want it) successfully campaign for the PL to allow such a mechanism, do we then turn our fire on UEFA’s SCR, which is partly in place to placate the Super League wankers, and partly to placate the fan-owned clubs in Germany? Or do we compete strongly at the top of the PL and take our inevitable ban from Europe on the chin?

[Stu]

Not getting involved with the Perce/Oz posts here, I'm *just* *posting*

Football teams have risen and fallen throughout the history of the game. FFP has not prevented numerous clubs from going under from Bury to Brescia. The real issue is poor ownership, this is the key aspect on the success or otherwise of any football club. Effective controls need to be put in place to counter poor owners.

[algy]

But nobody is referring to the City of London when they think or talk about London.

Just because lots of people are wrong doesn't mean they're not wrong.

Fully agree.  You can't argue with facts.  Birmingham is the biggest city.

[ozzjim]

So, if we (and the other two clubs who would want it) successfully campaign for the PL to allow such a mechanism, do we then turn our fire on UEFA’s SCR, which is partly in place to placate the Super League wankers, and partly to placate the fan-owned clubs in Germany? Or do we compete strongly at the top of the PL and take our inevitable ban from Europe on the chin?

This isn't a black and white choice is it. The 70% rule continues to stack the deck to super league clubs, but being able to spend more and being successful is the fastest route to growing that income. The stadium is the other. I'm my opinion we've not been ambitious enough with the stadium, or haven't seen the final destination with that yet, but either way, success brings money.

[Percy McCarthy]

^^ My point is, there’s no point railing against PSR when even if we got rid of it, there are another set of rules to restrict spending waiting for us upon qualifying for Europe. The solution for us lies in becoming one of the clubs that PSR suits - to haul ourselves on to the other side of the drawbridge if you will. With our ownership, support, stadium, academy, location and the loopholes that exist, we’re not a million miles away.

[Rigadon]

I like your more optimistic outlook Percy.  We’ve got to manipulate the rules as much as we can (selling the women’s team etc) and keep knocking on the glass ceiling. 

The turning point could be the outcome of the Man City thing. 

[Percy McCarthy]

There’s also a case of ‘be careful what you wish for’. Too much relaxation of the rules could lead to more advantages for state-owned clubs, while moving the dial the other way could erode the advantages that suit us. Personally I would like to engineer a set of rules narrow enough to allow us to compete with clubs above us and keep us ahead of clubs below us.

[ozzjim]

I think it needs a slight dialing in to make the path slightly easier. It is a tightrope to make it right now. Selling some of our best players each summer to suit a formula is quite depressing, but obviously necessary.

[kippaxvilla2]

This is easily resolved.  Just go back to being bang average every year.

[OCD]

Worked for Spurs.

[VinnieChase84]

Feel the solution lies In looking at it top down. Then keeps it simple

For example. Everyone in the league is allowed to spend 80% of whatever last seasons maximum revenue was if they so wished to

Gives the leader the reward but ultimately allows others to stay within realm if they wish to

Then it’s down to how much does anyone else want it.

[pauliewalnuts]

FFP is like VAR - it isn't the concept itself which is flawed, it is the interpretation and execution of it.

Some degree of financial control is required - if it went away tomorrow, we'd have years of Newcastle fighting Man City for silverware. I am not sure how that's any better than what we have now. But then again, the implementation of it as it is now makes it very difficult for clubs like us - and Newcastle - to break into the elite.

FWIW, I don't think we're near breaking through, that's the bit of Percy's post I don't agree with.

So what is the answer? I don't know that, but I do know that it isn't what we currently have.

[Beard82]

FFP is like VAR - it isn't the concept itself which is flawed, it is the interpretation and execution of it.

This, is exactly the problem.  Why do they implement massively complex solutions that dont solve the problem or even the symptoms and reduce enjoyment for everyone.

Its literally like saying to your boss - is it possible to have Friday off - and they say "Even better than that - your fired" or some other, better analogy

[Drummond]

Salary Cap is the way.

[ChicagoLion]

Salary Cap is the way.

Yes, agree.
If they are genuinely concerned with financial governance then a Balance Sheet covenant would be prudent based on how Financial excess has been managed by Financial Institutions for decades.