Jackie Broon Posted July 21, 2022 Share Posted July 21, 2022 2 hours ago, madras said: But it seems like the debt went up 400mill in 4 yrs 2018 until the sale ? A sizeable chunk of that will be written off with covid allowances but yes, it's hard to see how they comply with FFP, but it's not because there's a loophole in an owner loaning money to the club, there isn't. Link to post Share on other sites More sharing options...
madras Posted July 21, 2022 Share Posted July 21, 2022 3 minutes ago, Jackie Broon said: A sizeable chunk of that will be written off with covid allowances but yes, it's hard to see how they comply with FFP, but it's not because there's a loophole in an owner loaning money to the club, there isn't. Yeah I know the owner can't write it off so the takeover wiping out their debt shouldn't affect the FFP accounting ? Or does it ? Link to post Share on other sites More sharing options...
B-more Mag Posted July 21, 2022 Share Posted July 21, 2022 2 hours ago, JNK said: 7 hours ago, toon25 said: How does the league system work in Brazil mate? Always been curious. Is it a little like the MLS with geographic divisions (east/west, etc) with the top teams playing each other at the end of each season? 1st division is 20 clubs with the last 4 being relegated and 4 coming from 2nd division. There's no conferences or anything like that, if you are lets say from Manaus (Amazonas) and you have a game in Porto Alegre (farthest capital south in Brazil) you're travelling(Most big clubs in Brazil are in SouthEast and South). Also, that's the big difference between European and South American football besides the money, here the travels are INSANE, specially when you face teams in high altitudes, La Paz is like 7km above sea level, in Brazil alone you have cities where this time of the year the temperature is something like 5ºC and others like where I live with 30ºC on the same country. There are separate state leagues too, though, right? So a club could be playing in both the national league and a state league (or something like that)? Link to post Share on other sites More sharing options...
Jackie Broon Posted July 21, 2022 Share Posted July 21, 2022 13 minutes ago, madras said: Yeah I know the owner can't write it off so the takeover wiping out their debt shouldn't affect the FFP accounting ? Or does it ? It doesn't, FFP is based on opperating profit/loss on specific activities, writing off debt isn't relevant to it. Link to post Share on other sites More sharing options...
madras Posted July 21, 2022 Share Posted July 21, 2022 5 minutes ago, Jackie Broon said: It doesn't, FFP is based on opperating profit/loss on specific activities, writing off debt isn't relevant to it. That's what I thought but I'm sure someone said earlier in the thread that them being debt free would have a bearing on it. That maybe if the debt was on the market and not to its owner who's unlikely to be charging interest and any sort of repayment. Link to post Share on other sites More sharing options...
Jackie Broon Posted July 22, 2022 Share Posted July 22, 2022 (edited) 32 minutes ago, madras said: That's what I thought but I'm sure someone said earlier in the thread that them being debt free would have a bearing on it. That maybe if the debt was on the market and not to its owner who's unlikely to be charging interest and any sort of repayment. Interest payments would impact on FFP I think but in Chelsea's case I don't think Abramovic was charging interest. Anyway, it's not an FFP loophole. Edited July 22, 2022 by Jackie Broon Link to post Share on other sites More sharing options...
r0cafella Posted July 22, 2022 Share Posted July 22, 2022 Also, for FFP purposes (EPL version) if you took out 500m to build a new stadium this wouldn’t reflect in your FFP calculation but would reflect in your overall debt. It’s nuanced and unfortunately nuance and media are foes. Link to post Share on other sites More sharing options...
JNK Posted July 22, 2022 Share Posted July 22, 2022 2 hours ago, B-more Mag said: There are separate state leagues too, though, right? So a club could be playing in both the national league and a state league (or something like that)? State leagues are regional leagues that usually go from january to march, most really big clubs use mixed os reserve squads before the play-offs (my team usually goes full U23 for the regionals) except in Sao Paulo where it's actually pretty competitive. There's also the Brazilian Cup where most clubs no matter the division (some without) play, thers a North East Cup and we used to have a Rio-SP and a South-Minas Cup (whole south and Minas Gerias top teams) but except for the NE Cup the others were discontinued. Link to post Share on other sites More sharing options...
gazza ladra Posted July 22, 2022 Share Posted July 22, 2022 3 hours ago, Mike said: Would love to peek into the universe where there was no takeover and we're watching all this go down while waiting to sign Choudhury on the 31st. We’d be well on our way to League 1 by now. Link to post Share on other sites More sharing options...
GeordieDazzler Posted July 22, 2022 Share Posted July 22, 2022 5 hours ago, Nine said: Suprised Belotti hasn’t been snapped up yet, will have offers already and must be waiting it out for the biggest contract he can get unless he has his heart set on somewhere It looked liked him going to Monaco was a done deal but has went very quiet. Toronto had also been mentioned. They were talking on the ramble how clubs seem a lot more hesitant to take free agents on this year. Think there’s an expectation from the players of inflated wages if there’s no fee and clubs are not wanting to commit to this. Link to post Share on other sites More sharing options...
KaKa Posted July 22, 2022 Share Posted July 22, 2022 7 hours ago, JNK said: About Igor Gomes I have seen only 2 full games of Sao Paulo this year, he's a good CB but at those games didn't look like nothing special to me. Ah, maybe you're not as familiar with him then. He's actually a midfielder that previously drew comparison's to Kaka. https://en.as.com/en/2020/05/22/soccer/1590131510_159980.html Link to post Share on other sites More sharing options...
54 Posted July 22, 2022 Share Posted July 22, 2022 Link to post Share on other sites More sharing options...
leffe186 Posted July 22, 2022 Share Posted July 22, 2022 12 hours ago, Jackie Broon said: That's not how it works. It makes no difference to the profit/loss, only losses of up to £115m over three years can be covered by an owner putting in money. Chelsea's debt to Abramovic had been built up over a long period of time, some of which was before FFP. Chelsea’s debt, you say? https://www.standard.co.uk/sport/football/chelsea-fc-debt-todd-boehly-clearlake-capital-b1013833.html?amp Link to post Share on other sites More sharing options...
kingxlnc Posted July 22, 2022 Share Posted July 22, 2022 9 hours ago, Nine said: Suprised Belotti hasn’t been snapped up yet, will have offers already and must be waiting it out for the biggest contract he can get unless he has his heart set on somewhere I read somewhere he doesn't want to leave Italy. Link to post Share on other sites More sharing options...
relámpago blanco Posted July 22, 2022 Share Posted July 22, 2022 16 minutes ago, kingxlnc said: I read somewhere he doesn't want to leave Italy. Can't we just buy him a gulf stream jet and move the training ground next to the airport. Link to post Share on other sites More sharing options...
toon25 Posted July 22, 2022 Share Posted July 22, 2022 10 hours ago, TaylorJ_01 said: https://www.transfermarkt.co.uk/statistik/vertragslosespieler Could make a belting team out of this lot. Surprised nobody has picked up Grillitsch yet Link to post Share on other sites More sharing options...
Nucasol Posted July 22, 2022 Share Posted July 22, 2022 Barcelona alleged to have beaten Chelsea to Kounde. Fuckers really are the pits, apparently they have outstanding payments of over 120m Euros with clubs across Europe that need paying but still whacking down cash for players. Link to post Share on other sites More sharing options...
Guest Posted July 22, 2022 Share Posted July 22, 2022 Think they're my new most hated club. Hate them and La Liga as a body. Scum. Link to post Share on other sites More sharing options...
Wullie Posted July 22, 2022 Share Posted July 22, 2022 I'm shocked Belotti is 28, I'd have guessed like 32-33. Link to post Share on other sites More sharing options...
r0cafella Posted July 22, 2022 Share Posted July 22, 2022 2 minutes ago, Nucasol said: Barcelona alleged to have beaten Chelsea to Kounde. Fuckers really are the pits, apparently they have outstanding payments of over 120m Euros with clubs across Europe that need paying but still whacking down cash for players. Is this 120m payments they’ve defaulted on? If so they can issue winding up petitions no? Link to post Share on other sites More sharing options...
Nucasol Posted July 22, 2022 Share Posted July 22, 2022 Just now, r0cafella said: Is this 120m payments they’ve defaulted on? If so they can issue winding up petitions no? Due I think but lots getting twitchy they won’t have the brass to meet them. Link to post Share on other sites More sharing options...
r0cafella Posted July 22, 2022 Share Posted July 22, 2022 1 minute ago, Nucasol said: Due I think but lots getting twitchy they won’t have the brass to meet them. They are basically mortgaging future tv revenue as we speak. Also it’s perfectly normal for clubs to be owed or owe transfer fees given the nature of the agreements. Link to post Share on other sites More sharing options...
Nucasol Posted July 22, 2022 Share Posted July 22, 2022 1 minute ago, r0cafella said: They are basically mortgaging future tv revenue as we speak. Also it’s perfectly normal for clubs to be owed or owe transfer fees given the nature of the agreements. And when there are no more assets to securitise? Already encumbered 25% of their future tv rights. They also have a decrepit stadium to fix up. Link to post Share on other sites More sharing options...
r0cafella Posted July 22, 2022 Share Posted July 22, 2022 1 minute ago, Nucasol said: And when there are no more assets to securitise? Already encumbered 25% of their future tv rights. They also have a decrepit stadium to fix up. Well, yea so people who trade with them in the future should worry (this was one of Bayern’s concerns). I’m also assuming it’s possible to cover such things with bespoke insurance contracts. Link to post Share on other sites More sharing options...
joeyt Posted July 22, 2022 Share Posted July 22, 2022 One of Disco's favourites. Always looks a good player Link to post Share on other sites More sharing options...
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