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Financial Fair Play / Profit & Sustainability


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20 hours ago, Nucasol said:

Essentially factoring for football clubs. Totally legal but stupid unless unavoidable as you’re robbing yourself.

Not necessarily stupid. Depends on the interest rate implied by selling the loan and how that compares to alternative forms of finance.   

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21 hours ago, Gawalls said:

Thank you

Something to do with the date they got demoted and the date they had to report on accounts as well. They breached the EPL rules but we're not an EPL club as they were relegated a week or so beforehand. If they had stayed up they would have been punished but as the had went down the EPL couldn't apply a punishment to them.

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1 hour ago, andycap said:

Leicester where in favour of the new ffp guidelines so where everton when most originally thought they'd vote against. 

No sympathy for them two clubs going forward if they get points deductions. 

 

I wasn't sure if Leicester were one of those clubs, but if they were it would be sweet sweet justice if the PL hit them with everything they've got. :lol:

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Who are Leicester afford of receiving investment if FFP and PSR rules were removed?  In their bracket who would leave them behind Forest, Palace, Brighton, Fulham or maybe Bournemouth?

 

They would rather put their status at risk rather than alleviate their problems?

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6 hours ago, Gazzaschicken said:

Something to do with the date they got demoted and the date they had to report on accounts as well. They breached the EPL rules but we're not an EPL club as they were relegated a week or so beforehand. If they had stayed up they would have been punished but as the had went down the EPL couldn't apply a punishment to them.

selfish bastards getting relagated at the wrong time, there's a special place in Hell for clubs like that.

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4 hours ago, andycap said:

Leicester where in favour of the new ffp guidelines so where everton when most originally thought they'd vote against. 

No sympathy for them two clubs going forward if they get points deductions. 

 

It was an absolute no-brainer for Leicester and Everton, they have £132m and £451m of shareholder loans respectively, they would have been screwed by any rule change that applied FMV to shareholder loans retrospectively. There's the added bonus for them that the rules that were voted in could still be unlawful and that could potently result in PSR being unenforceable for the current period.

 

 

Edited by Jackie Broon

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If we qualify for Europe over the next couple of seasons, we're basically going to have to slash our squad costs whilst the cartel clubs can blow even more money? Honestly, what's the point of even trying.

 

 

Edited by Turnbull2000

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I'm sure I read that out revenue was going to be £300m either last season or this season so the calcs are out of date, we didn't add that much on wages for 23/24 either. Tonali will be on a wedge, new deal for Bruno and Big Joe and then whatever Hall and Tino are on.

 

Bear in mind were going to save a fair bit with Wilson, Lascelles etc al leaving as well as some amortisation dropping off.

 

Not to say we won't still be negative, but it won't be at the level shown

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5 minutes ago, Colos Short and Curlies said:

I'm sure I read that out revenue was going to be £300m either last season or this season so the calcs are out of date, we didn't add that much on wages for 23/24 either. Tonali will be on a wedge, new deal for Bruno and Big Joe and then whatever Hall and Tino are on.

 

Bear in mind were going to save a fair bit with Wilson, Lascelles etc al leaving as well as some amortisation dropping off.

 

Not to say we won't still be negative, but it won't be at the level shown

 

He's using the 2022/23 numbers. The new accounts will show much higher revenue and player sales, but how high have the costs gone?

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Just now, timeEd32 said:

 

He's using the 2022/23 numbers. The new accounts will show much higher revenue and player sales, but how high have the costs gone?

 

That's what I was trying to get out, I doubt Hall and Tino are on mega money so outside of Tonali there are no new large wages outlays, bit we have Joe and Brunos new contracts to consider, net of the reduced amortisation of course!

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