Football club finances / FFP

[moomba]

It's an interesting point Martin Samuel raises in that piece. It was the advent of FFP that accelerated our spending, that was made clear by the people in charge. And the poor returns given that accelerated spending led to the removal of Mark Clueless.

 

[elhadjihenry]

Martin Samuel http://www.dailymail.co.uk/sport/fo...-squealing-UEFA-THATS-RICH-MARTIN-SAMUEL.html

^^^ Why have Arsenal and Liverpool even been mentioned in that article? Seems to be just in the title to catch attention then nothing at all to back it up.

Oh, we only signed a loan player so that means we are squealing on city? Neck up. Sounds like a city fanboy trying to rustle up a conspiracy theory in case they get busted by FFP

 

[moomba]

^^^ Why have Arsenal and Liverpool even been mentioned in that article? Seems to be just in the title to catch attention then nothing at all to back it up.

Because the reports that have come out today and yesterday suggest Arsenal, Liverpool and Chelsea will appeal to UEFA if we fail FFP, and are offered a deal by UEFA.

 

[elhadjihenry]

I'd say that if you fail FFP and UEFA saves you then the entire league would be appealing against it, its nothing to do with the fact that we "can't beat you on the pitch", even though we are currently on top of the table (albeit playing an extra game). FFP is now a rule of the game (even though its a ambiguous and probably unenforceable one), and failing it is cheating, so we would have every right to complain even if we did beat you to the title.

That article reads like city propaganda, as if we are scared of City so are running to mummy to complain you are cheating.

 

[moomba]

I'd say that if you fail FFP and UEFA saves you then the entire league would be appealing against it, its nothing to do with the fact that we "can't beat you on the pitch", even though we are currently on top of the table (albeit playing an extra game). FFP is now a rule of the game (even though its a ambiguous and probably unenforceable one), and failing it is cheating, so we would have every right to complain even if we did beat you to the title.

There is a sliding scale of penalties for clubs that are in breach of FFP. If we were to fail (which I don't think we will), we will be penalised in line with the sliding scale.

Given no other clubs would no whether or not we will pass or not I'm inclined to believe this is just a few clubs trying to put pressure on UEFA.

That article reads like city propaganda, as if we are scared of City so are running to mummy to complain you are cheating.

Martin Samuel is a West Ham fan, is has long been an opponent of FFP in it's current format. His interview with Platini on the topic was very insightful, and shows just what a mess the whole policy is and the real reasons that it has been implemented.

 

[elhadjihenry]

I agree with him about the inadequacies of the FFP, I just feel the article could have been written without the "Sensationalist" angle that we are squealing on you, although I guess he does write for the daily mail. He probably put forward an unbiased analytical article and the editor added all the fluff.

 

[Cooldude]

He probably put forward an unbiased analytical article and the editor added all the fluff.

Martin Samuel aka Goblin Overlord doesn't need any help from people to write bs

 

[Magma]

it's all based on whether we have to enter into this plea bargain thing. if we are within the acceptable amount then it's all a non story.

his article might be sensationalist but he's also right. it's not our fault that other clubs have poorly spent the money they do have, or that they haven't spent at all.

 

[jd2010]

F*ck FFP if us or United get into the UCL at City's expense it's a joke. Yeah people wont agree with the money they spend but it gets results. Trust me from a supporter of a side who is run the complete opposite way I'd rather the envy and hate City are getting. Over the past 5 years our net transfer spend under Levy and ENIC is just £500K and what's that got us? Every 2nd article and football follower still talks about us spending £100m in the summer and thinks we are our board is trying to push us to the next level. I'd prefer the money being spent like City is than the 2 steps forward 3 steps back way ENIC is running our club

 

[Zidane98]

Surely kicking City out of the CL would be counter productive in any case? A quick look at City's books would suggest they would struggle further with FFP without the 30-40 million pounds CL qualification earns them.

Joke of a system proven by PSG who are far more blatant in their subversion of FFP. Such a pity because the concept of FFP is sound; the execution is not though. If it was me running the show I would have some sort of allowance for clubs who wanted to have a crack at the big time and limit the spending of the sugar daddy clubs. That would give everyone a fair go.

 

[moomba]

The Times

Whatever happens tonight at the Etihad and in the rest of the season, José Mourinho has won the first big prize of the campaign. Give that man the award for breathtaking hypocrisy.

 

[typeclub]

How's that article going for Martin Samuel? Mourinho has now done the double on them on the field.

 

[moomba]

Seeing as how the article had absolutely nothing to do with yesterdays game I'm sure Martin Samuel is doing as well as he was yesterday.

Glad to help.

 

[SM]

How's that article going for Martin Samuel? Mourinho has now done the double on them on the field.

Not sure what it has to do with the game?

 

[apollo_creed]

How's that article going for Martin Samuel? Mourinho has now done the double on them on the field.

Jose is a winner.
Martin Samuel is a loser.

 

[Gus Poyet]

So now we have an article suggesting several clubs going to court over the FFP.

Despite it being voted in by the majoirty including some of these clubs it seems the implications of it have finally sunk in and there's some throwing out of rattles from prams.

Clubs named as potentially going to court: Leicester, Blackburn, QPR, Wolverhampton

http://www.theguardian.com/football...nship-clubs-threat-football-league?CMP=twt_gu

 

[SM]

So now we have an article suggesting several clubs going to court over the FFP.

Despite it being voted in by the majoirty including some of these clubs it seems the implications of it have finally sunk in and there's some throwing out of rattles from prams.

Clubs named as potentially going to court: Leicester, Blackburn, QPR, Wolverhampton

http://www.theguardian.com/football...nship-clubs-threat-football-league?CMP=twt_gu

I did raise the possibility of Leicester being in a bit of strife a while ago, but it was laughed off.

 

[Jatz]

Haha oh come on . Absolutely nothing article, 'clubs believed to be...' meaning we actually don't have a ****ing clue but we're going to guess anyway.

We are in absolutely no trouble for several reasons. The way the debt has been paid off has already been approved by the FL, we are almost guaranteed promotion and we signed almost nobody this season.

We would have been in trouble when Sven was in charge but we now operate a tight ship.

 

[SM]

Haha oh come on . Absolutely nothing article, 'clubs believed to be...' meaning we actually don't have a ******* clue but we're going to guess anyway.

We are in absolutely no trouble for several reasons. The way the debt has been paid off has already been approved by the FL, we are almost guaranteed promotion and we signed almost nobody this season.

We would have been in trouble when Sven was in charge but we now operate a tight ship.

No, the article says Leicester ARE launching action, and the other clubs are believed to be joining in.

 

[Jatz]

Forrest are the ones that will take it to court. Already been stated elsewhere that they consider it a restraint of fair trade and they don't believe it would hold up in court. They've spent big this season chasing promotion and aren't guaranteed it, theirs will be much more interesting to see what happens.

 

[Jatz]

No, the article says Leicester ARE launching action, and the other clubs are believed to be joining in.

"Some of those owners have been bankrolling huge losses to amass a squad capable of winning promotion, notably Leicester, top of the Championship, who are believed by Championship sources to have instructed the solicitors, Brabners, to make the legal threat to the financial fair play rules. The Manchester-based solicitors have written to the league's chief executive, Shaun Harvey, objecting over six pages to the FFP rules, arguing they suffer from not being the same as those of the Premier League, will prevent clubs competing, restrict investment by owners and reduce players' wages – which is in fact one of its principal aims."

Sorry?

 

[SM]

"Some of those owners have been bankrolling huge losses to amass a squad capable of winning promotion, notably Leicester, top of the Championship, who are believed by Championship sources to have instructed the solicitors, Brabners, to make the legal threat to the financial fair play rules. The Manchester-based solicitors have written to the league's chief executive, Shaun Harvey, objecting over six pages to the FFP rules, arguing they suffer from not being the same as those of the Premier League, will prevent clubs competing, restrict investment by owners and reduce players' wages – which is in fact one of its principal aims."

Sorry?

Ok, so there's no case going to court, and they're pulling the whole thing out of their ass, and just targeting Leicester for shits and gigs.

 

[Jatz]

Ok, so there's no case going to court, and they're pulling the whole thing out of their ass, and just targeting Leicester for shits and gigs.

Yeah they actually are. This stems back to the Sven years when we were losing massive amounts.

We are actually meeting (and will meet) FFP this season. The club has already confirmed this several times throughout the season. Not to mention the fact we are going up at the end of the season, it's incredibly lazy journalism. We're coming first, therefore must be well over.

We may well go to court to argue against FFP but it's not because we aren't compliant. We very much are.

 

[SM]

Yeah they actually are. This stems back to the Sven years when we were losing massive amounts.

We are actually meeting (and will meet) FFP this season. The club has already confirmed this several times throughout the season. Not to mention the fact we are going up at the end of the season, it's incredibly lazy journalism. We're coming first, therefore must be well over.

We may well go to court to argue against FFP but it's not because we aren't compliant. We very much are.

So it's lazy journalism but you acknowledge that there's a chance you could be wrong and your club may be taking it to court?

 

[Jatz]

So it's lazy journalism but you acknowledge that there's a chance you could be wrong and your club may be taking it to court?

It is lazy journalism but that's not what I was referring to.

I did raise the possibility of Leicester being in a bit of strife a while ago, but it was laughed off.

This is what I was referring to. We are in absolutely zero 'strife'. Our figures are released this Friday UK time if you're interested in finding that out.

I am of the belief the club doesn't like FFP as it will impact our ability to stay in the PL next season (should we make it).

As I stated earlier, Forrest won't meet FFP and have already organised lawyers to argue it in court. I'm guessing he's got the wrong East Midlands club.