RodneyCisse Posted April 11 Share Posted April 11 Did anyone say fresh cash? Link to post Share on other sites More sharing options...
Bally21 Posted April 11 Share Posted April 11 The 200k loss per day was calculated by dividing the 70 million loss for year 22/23 by 365. It doesn't mean we are literally loosing 200k day by day - like 200k yesterday, 200k today. Was just a typical journos headline. Link to post Share on other sites More sharing options...
Fezzle Posted April 11 Share Posted April 11 4 hours ago, Bally21 said: The 200k loss per day was calculated by dividing the 70 million loss for year 22/23 by 365. It doesn't mean we are literally loosing 200k day by day - like 200k yesterday, 200k today. Was just a typical journos headline. Aye it's just timings of payments depending on when the PL pay out Link to post Share on other sites More sharing options...
Jackie Broon Posted April 11 Share Posted April 11 5 hours ago, RodneyCisse said: Did anyone say fresh cash? Nothing new or unusual, it's the seventh time they've done that: 07/10/2021 - £89.4m 09/11/2021 - £38.5m 24/01/2022 - £40m 26/10/2022 - £70.4m 10/02/2023 - £57m 22/08/2023 - £60m Link to post Share on other sites More sharing options...
The Prophet Posted April 11 Share Posted April 11 I see the latest vote on the new rules were unanimous today. You're allowed to spend 85% of income. Points deductions will continue to apply. PSR will remain next season with a transition period. Link to post Share on other sites More sharing options...
SUPERTOON Posted April 11 Share Posted April 11 59 minutes ago, The Prophet said: I see the latest vote on the new rules were unanimous today. You're allowed to spend 85% of income. Points deductions will continue to apply. PSR will remain next season with a transition period. Wasn’t it the new automated VAR that was voted unanimously today ? Haven’t seen anything about the new FFP rule being unanimous. Link to post Share on other sites More sharing options...
The Prophet Posted April 11 Share Posted April 11 12 minutes ago, SUPERTOON said: Wasn’t it the new automated VAR that was voted unanimously today ? Haven’t seen anything about the new FFP rule being unanimous. Wrong thread, I just heard it on SSN. Could have been getting mixed up but they mentioned the final vote in June. Link to post Share on other sites More sharing options...
FCB Posted April 11 Share Posted April 11 35 minutes ago, The Prophet said: Wrong thread, I just heard it on SSN. Could have been getting mixed up but they mentioned the final vote in June. New FFP system is voted on fully in June, new VAR was also voted today. Link to post Share on other sites More sharing options...
The Prophet Posted April 11 Share Posted April 11 3 hours ago, SUPERTOON said: Wasn’t it the new automated VAR that was voted unanimously today ? Haven’t seen anything about the new FFP rule being unanimous. This was it. Link to post Share on other sites More sharing options...
RodneyCisse Posted April 11 Share Posted April 11 Does anyone want to clear this up? Link to post Share on other sites More sharing options...
Jack27 Posted April 11 Share Posted April 11 5 minutes ago, RodneyCisse said: Does anyone want to clear this up? https://theathletic.com/5407740/2024/04/11/premier-league-ffp-rules-new/?source=user_shared_article This helps Link to post Share on other sites More sharing options...
RodneyCisse Posted April 11 Share Posted April 11 Can we take the piss, yes or no? Link to post Share on other sites More sharing options...
TheBrownBottle Posted April 11 Share Posted April 11 1 minute ago, RodneyCisse said: Can we take the piss, yes or no? No, the rules are stricter Link to post Share on other sites More sharing options...
The Prophet Posted April 11 Share Posted April 11 So they've agreed to change the rules to align with UEFA, but wint agree on the finer details until June, including potential financial penalties. Link to post Share on other sites More sharing options...
Dr.Spaceman Posted April 11 Share Posted April 11 2 minutes ago, TheBrownBottle said: No, the rules are stricter Why would us and several other clubs vote for that? Link to post Share on other sites More sharing options...
TheBrownBottle Posted April 11 Share Posted April 11 9 minutes ago, Dr.Spaceman said: Why would us and several other clubs vote for that? Your guess is as good as mine. The fact that they’re simply mirroring UEFA’s rules puts me in the mind of ‘resistance is futile’. What would be the point of the PL having different FFP rules? Or perhaps our owners know of other changes coming? Or perhaps … they’re not actually all that fussed about being hemmed-in. Link to post Share on other sites More sharing options...
The Prophet Posted April 11 Share Posted April 11 14 minutes ago, Dr.Spaceman said: Why would us and several other clubs vote for that? We don't know if they're stricter yet. Link to post Share on other sites More sharing options...
Shearergol Posted April 11 Share Posted April 11 3 minutes ago, The Prophet said: We don't know if they're stricter yet. They certainly appear stricter. Link to post Share on other sites More sharing options...
Unbelievable Posted April 11 Share Posted April 11 2 minutes ago, Shearergol said: They certainly appear stricter. If combined with getting rid of FMV they'll be fine for us and others with owners willing to invest their own money. Link to post Share on other sites More sharing options...
The Prophet Posted April 11 Share Posted April 11 2 minutes ago, Shearergol said: They certainly appear stricter. It's still basically spend based on income. If (it's a big if) they relax related party sponsorship and introduce a luxury tax of sorts, it's a win for us. Link to post Share on other sites More sharing options...
TheBrownBottle Posted April 11 Share Posted April 11 (edited) 1 hour ago, The Prophet said: It's still basically spend based on income. If (it's a big if) they relax related party sponsorship and introduce a luxury tax of sorts, it's a win for us. With no acceptable losses - it is stricter edit: completely agree re ‘luxury tax’ element Edited April 11 by TheBrownBottle Link to post Share on other sites More sharing options...
Jackie Broon Posted April 11 Share Posted April 11 6 minutes ago, TheBrownBottle said: With no acceptable losses - it is stricter edit: completely agree re ‘luxury tax’ element Where have you got it from that there would be no acceptable losses? The UEFA rules, which the PL will apparently mirror, have allowable losses of up to £78m over 3 years, which is slightly lower than the PL's current £115 over 3 years but it's not no losses. The likelihood is we've been working to the UEFA rules anyway, because we'll be aiming to be in Europe every year. The devil is going to be in the detail of what we can get away with in terms of related party sponsorships. Link to post Share on other sites More sharing options...
TheBrownBottle Posted April 11 Share Posted April 11 1 minute ago, Jackie Broon said: Where have you got it from that there would be no acceptable losses? The UEFA rules, which the PL will apparently mirror, have allowable losses of up to £78m over 3 years, which is slightly lower than the PL's current £115 over 3 years but it's not no losses. The likelihood is we've been working to the UEFA rules anyway, because we'll be aiming to be in Europe every year. The devil is going to be in the detail of what we can get away with in terms of related party sponsorships. Losses to the accounts ledger - they’re not losses based on player wages & transfers. The 70% of turnover rule doesn’t allow for going over that Link to post Share on other sites More sharing options...
r0cafella Posted April 11 Share Posted April 11 2 minutes ago, TheBrownBottle said: Losses to the accounts ledger - they’re not losses based on player wages & transfers. The 70% of turnover rule doesn’t allow for going over that Precisely obviously the details have been outlined, but I imagine the punishments are what matters, if they remain the same with immediate points deduction for breaches it’s game over. Link to post Share on other sites More sharing options...
duo Posted April 11 Share Posted April 11 2 hours ago, Jack27 said: https://theathletic.com/5407740/2024/04/11/premier-league-ffp-rules-new/?source=user_shared_article This helps I find it farcical that they don't take into account the debit a club has i.e Man U - whilst they have a large commercial income they are nearly a billion dollars in debt. Link to post Share on other sites More sharing options...
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