Optimistic Nut Posted April 10 Share Posted April 10 What does it mean? Link to post Share on other sites More sharing options...
Jack27 Posted April 10 Share Posted April 10 2 minutes ago, Optimistic Nut said: What does it mean? We’re rich Link to post Share on other sites More sharing options...
Ben Posted April 10 Share Posted April 10 I have no idea what this means, does this get us out of a FFP hole ? Link to post Share on other sites More sharing options...
timeEd32 Posted April 10 Share Posted April 10 16 minutes ago, Ben said: I have no idea what this means, does this get us out of a FFP hole ? It's just money for the operation of the club. Plus, a portion of these investments is what allows us to register £35m in losses per year (the £105m over 3 years number) vs. £5m/£15m over three years. Link to post Share on other sites More sharing options...
Jackie Broon Posted April 10 Share Posted April 10 14 minutes ago, Ben said: I have no idea what this means, does this get us out of a FFP hole ? No, the club runs at a loss so they need to inject money to cover that. They've periodically done that since the takeover, totalling about £400m. Link to post Share on other sites More sharing options...
LFEE Posted April 10 Share Posted April 10 Just now, Jackie Broon said: No, the club runs at a loss so they need to inject money to cover that. They've periodically done that since the takeover, totalling about £400m. We currently lose £200k a day I believe. Link to post Share on other sites More sharing options...
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...
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