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NFR - Reading handed 6 point deduction

Started by WhiteJC, November 17, 2021, 06:03:43 PM

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Baszab


ALG01

Quote from: sunburywhite on November 17, 2021, 07:17:36 PM
Yet PSG and Man City get away with it

not just them many other top teams.. real would fall foul of any normal rules of FFP ( their books are a well known tricjk of the light) as would Barca, and the business ethics of these big clubs in the way they entice players is nothing short of discpicable.

Bill2

Quote from: RufusBrevettatemyhamster on November 17, 2021, 09:04:07 PM
Still managed to sign Andy Carroll though. Doubt hes on the cheap.
Probably pay per play and his appearance rate is not great. More time on physio couch than on the pitch.


Bill2

 
Quote from: ALG01 on November 18, 2021, 12:05:28 PM
Quote from: sunburywhite on November 17, 2021, 07:17:36 PM
Yet PSG and Man City get away with it

not just them many other top teams.. real would fall foul of any normal rules of FFP ( their books are a well known tricjk of the light) as would Barca, and the business ethics of these big clubs in the way they entice players is nothing short of discpicable.
Didnt Man City get £400 mill stadium naming rights from the Qatar airways, which happens to be state owned by the ruling monarch who also owns Man City :023:

Sgt Fulham

When are they scrapping FFP? That is, for the teams outside the top 6.

bigalffc

Clubs going into administration is one thing, but stopping entrepreneur billionaires investing in their business is another. It would cause uproar if authorities fined Elon Musk for investing his own money into Tesla. The whole FFP idea stinks and should be challenged in the courts IMO.
Instead of seeing the rug being pulled from under us we can learn to dance on a shifting carpet - Thomas Crum


Forever Fulham

#26
I hate these one shoe fits all laws.  If, say, you are a billionaire owner with no personal debt who also owns a Championship team, and you coughed up a few million pounds in  player salaries over the last three years beyond what seems reasonable, thus incurring  an aggregate "loss' in club finances in excess of what's allowed, you aren't given the opportunity of claiming an exemption from the rules' application of financial fair play if evidence shows you can sustain such losses indefinitely and be able to carry on quite well thank you.  The whole point of the rules, they claim, is to protect the club from going under by making them live within their means.   And to make such determinations, officials look at money losses as if the club should be run like a real business.   That is, as if you aren't a billionaire owner who bought the team as a vanity play, or to give his son something to do, or just loves football, wants to play a part in it, and doesn't feel much discomfort over losses beyond what a proper businessman might think excessive and unwise.  All I'm saying is the FFP rules seem out of place when the club's ownership isn't feeling any financial panic or heavy risk over going past  allowed spending, because the ownership just has that much money to burn.

Think of Newcastle's newest owner.   Is the Royal House really going to care about spending a few million over the proscribed limit every year? 

RaySmith

Quote from: Forever Fulham on November 19, 2021, 05:44:11 AM
I hate these one shoe fits all laws.  If, say, you are a billionaire owner with no personal debt who also owns a Championship team, and you coughed up a few million pounds in  player salaries over the last three years beyond what seems reasonable, thus incurring  an aggregate "loss' in club finances in excess of what's allowed, you aren't given the opportunity of claiming an exemption from the rules' application of financial fair play if evidence shows you can sustain such losses indefinitely and be able to carry on quite well thank you.  The whole point of the rules, they claim, is to protect the club from going under by making them live within their means.   And to make such determinations, officials look at money losses as if the club should be run like a real business.   That is, as if you aren't a billionaire owner who bought the team as a vanity play, or to give his son something to do, or just loves football, wants to play a part in it, and doesn't feel much discomfort over losses beyond what a proper businessman might think excessive and unwise.  All I'm saying is the FFP rules seem out of place when the club's ownership isn't feeling any financial panic or heavy risk over going past  allowed spending, because the ownership just has that much money to burn.

Think of Newcastle's newest owner.   Is the Royal House really going to care about spending a few million over the proscribed limit every year? 

Excellent points, Forever Fulham.

The thing is, Newcastle  likely won't fall foul of FFP, because of the their huge crowds, and associate sponsorship, merchandising cash, etc.

Which shows that FFP doesn't do what it was intended to do, and create a more level playing field, with smaller clubs, like Fulham's, only means of joining the elite - funding from a rich owner, now blocked to a great extent.

The top clubs in this country are all owned by very wealthy owners, besides being able to generate a lot of money through attendances, sponsorships and merchandising ,and word wide tv audiences with absolutely no barrier to their ever increasing wealth.