I asked this before, but if UEFAs financial rules are so restrictive, at what point does it become theoretically not worth playing in their competitons and focusing on the domestic ones?
Quote from: tomd2103 on Today at 09:58:40 AMI asked this before, but if UEFAs financial rules are so restrictive, at what point does it become theoretically not worth playing in their competitons and focusing on the domestic ones? The PL rules are the same (or just about to be). The only difference is we’ll be able to spend 85% of our revenue on wages if we’re not in Europe, against 70% if we are. There may be different rules on what counts as allowable revenue however. If so, I think that needs to change. One set of rules please.
Quote from: Percy McCarthy on Today at 10:56:08 AMQuote from: tomd2103 on Today at 09:58:40 AMI asked this before, but if UEFAs financial rules are so restrictive, at what point does it become theoretically not worth playing in their competitons and focusing on the domestic ones? The PL rules are the same (or just about to be). The only difference is we’ll be able to spend 85% of our revenue on wages if we’re not in Europe, against 70% if we are. There may be different rules on what counts as allowable revenue however. If so, I think that needs to change. One set of rules please. Brilliant isn’t it, you can spend more in wages to try and qualify for European football. Then when you do, you have to sell a player or two and bring the squad cost down, becoming less competitive in the process… “Stay in your lane!”
Quote from: frank black on Today at 11:28:09 AMQuote from: Percy McCarthy on Today at 10:56:08 AMQuote from: tomd2103 on Today at 09:58:40 AMI asked this before, but if UEFAs financial rules are so restrictive, at what point does it become theoretically not worth playing in their competitons and focusing on the domestic ones? The PL rules are the same (or just about to be). The only difference is we’ll be able to spend 85% of our revenue on wages if we’re not in Europe, against 70% if we are. There may be different rules on what counts as allowable revenue however. If so, I think that needs to change. One set of rules please. Brilliant isn’t it, you can spend more in wages to try and qualify for European football. Then when you do, you have to sell a player or two and bring the squad cost down, becoming less competitive in the process… “Stay in your lane!”Well, it could be argued that if you qualify for Europe increased revenue should mean that 85% becomes 70% without cutting back.
The trouble as I see it is we’ve obviously been hit with the sudden transition from PSR to SCR. In many ways it’s our own fault for misjudging it but just as we’d pretty much sorted our domestic PL PSR position, SCR comes at us and means the increased spending in Wages we’d done to compete domestically and qualify for the CL meant we were then non compliant with UEFA SCR. It seems slightly unfair to me that clubs who do transition quickly to the CL like ourselves aren’t at least given some transition allowance to get your house in order? Anyway as long as we keep up the commercial grind, we’ll get there. If we qualify for the CL then hopefully we can find a front of shirt sponsor to give us at least £35-£40m per season to get us into that sort of keeping up with the Joneses territory.
The trouble as I see it is we’ve obviously been hit with the sudden transition from PSR to SCR. In many ways it’s our own fault for misjudging it but just as we’d pretty much sorted our domestic PL PSR position, SCR comes at us and means the increased spending in Wages we’d done to compete domestically and qualify for the CL meant we were then non compliant with UEFA SCR.