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Financial Fair Play / Profit & Sustainability


Mattoon

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31 minutes ago, nufcnick said:

It’s not that it’s a tough nut to crack, it’s that teams knowingly and willingly sign up to abide by the FFP/P&S rules at the start of every season, it’s kind of hard to go to a court and convince a judge that something isn’t fair when you willingly sign up to it every single year 

You don’t have to prove it’s fair or not, you have to prove that it’s anti competitive and breaches UK Competition Law.

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4 minutes ago, FloydianMag said:

You don’t have to prove it’s fair or not, you have to prove that it’s anti competitive and breaches UK Competition Law.

People keep saying that but never seem to then follow through, as a club why would you willingly sign up to something you think is illegal over and over again 

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38 minutes ago, nufcnick said:

It’s not that it’s a tough nut to crack, it’s that teams knowingly and willingly sign up to abide by the FFP/P&S rules at the start of every season, it’s kind of hard to go to a court and convince a judge that something isn’t fair when you willingly sign up to it every single year 


but the fmv and linked club rules came in mid season

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Just now, nufcnick said:

People keep saying that but never seem to then follow through, as a club why would you willingly sign up to something you think is illegal over and over again 

If you want to play in the PL you have to, Hobsons Choice. Doesn’t mean that FFP,FMV aren’t against UK Competition Law, that has to be determined and if they are they’ll be swept aside.

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Just now, FloydianMag said:

If you want to play in the PL you have to, Hobsons Choice. Doesn’t mean that FFP,FMV aren’t against UK Competition Law, that has to be determined and if they are they’ll be swept aside.

There is no one that wants rid of the rules implemented by the sly6 more than me, but the first question by any judge would be “why did you sign up to the rules season after season, if you thought they were illegal” there is a reason why they haven’t been challenged already, especially by Manchester City and their lawyers as it’s almost a get out of jail free card. 

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12 minutes ago, nufcnick said:

There is no one that wants rid of the rules implemented by the sly6 more than me, but the first question by any judge would be “why did you sign up to the rules season after season, if you thought they were illegal” there is a reason why they haven’t been challenged already, especially by Manchester City and their lawyers as it’s almost a get out of jail free card. 

That is not the issue though, the issue is are the rules against competition law and that’s what needs testing in a tribunal. Whether clubs sign up season after season has nothing to do with it. All it would take is one really pissed off club to instigate action……City’s nuclear option if things don’t go well.

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Swiss Ramble posted his overview of Villa's accounts today. On the whole not ringing any major alarm bells, though assumes they will be selling this summer. Part of why their situation isn't as bad as it first looked is their break-even 2021/22 year is actually a £22m profit with the various allowable deductions. Some interesting points:

 

"Allowable deductions for “healthy” expenditure on infrastructure investment, youth development, community and women’s football. Unlike most clubs, Villa provide these details in their accounts. As an example, these added up to £27m last season."

 

This is £11m more than his estimates for us. It's an area we could take more advantage of (though it doesn't help with UEFA's rules)

 

"I reckon that Villa’s FFP loss over the 3-year monitoring period was £95m, so £10m below the maximum allowed loss of £105m."

 

"Villa’s board believes that the club “will remain compliant for the 2023/24 season”. This means that they will have to restrict their FFP loss to £34m, which would imply a loss in the accounts of £61m, assuming that allowable deductions remain at £27m." 

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Just now, 500bhp said:

PSR being replaced by new rules aligned to Fifa's. One SSN now. Might start this summer. 

 

Is this good or bad. :lol:

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4 minutes ago, The Prophet said:

The devil will be in the detail.

We know what the detail will be, owners not allowed to invest, FMV strangling revenue streams like sponsorship and associated party deals very strictly monitored. Unless the club has a very clever strategy to circumvent this shit or prepared to act legally we’ll be nothing more than a top 6-10 club well into the future.

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It’s a wages and transfers to turnover, uefa implement it at 90% this year, 80% next year finishing at 70% of turnover, we currently run a about 75% so as long as the PL follow uefa we’re fine and have some room to move 

 

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1 minute ago, Mikky said:

And we potentially have a whole host of players to come off the bill in the summer 

No big earners though. 

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Isn’t Uefas just wages to revenue? Whereas currently transfer fees and wages contribute to the allowable losses? 
 

so in theory we could spend whatever we want on transfer fees as long as the wages are sensible?

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17 minutes ago, Optimistic Nut said:

 

Bad if it's in line with UEFA I believe. 

 

We'll be budgeting to be compliant with both the UEFA and EPL rules anyway, so it's probably better if they are just completely aligned.

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2 minutes ago, SUPERTOON said:

Was this voted by clubs ? Guess which way we voted will tell you if it’s good or bad.

 

Maybe mistaken, but I'm sure I read it was voted through 19 to 1.

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