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Financial Fair Play / Profit & Sustainability


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3 hours ago, Ben said:

 

With regards to the parachute payments if a promoted team stays up doesnt their parachute money get split between the rest of the championship clubs ? or have I just totally made that up ?

Doubtful as each relegated team will get the parachute payments... I do have a vague memory of the payments  diminishing over 3 seasons and if you are promoted back within that time frame then the remaining monies is shared to the other championship clubs but could be very wrong.

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I have read recently that the money ‘saved’ from parachute payments is split between the PL clubs, but not sure if accurate 

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41 minutes ago, NWMag said:

I have read recently that the money ‘saved’ from parachute payments is split between the PL clubs, but not sure if accurate 

It’ll just about cover the PL’s legal bills.

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6 English teams in the CL and possibly winning two of the 3 tournaments is going to shine a light on how financially dominant the PL has become. 
 

Not really sure what can be done. It would be a shame if UEFA responded by making an example out of a club like Chelsea.

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On 01/05/2025 at 17:00, NWMag said:

I have read recently that the money ‘saved’ from parachute payments is split between the PL clubs, but not sure if accurate 

It is as far as I know - I think it shorts be split between championship personally but I read somewhere that it’s seen as still belonging to the premier league. Something I disagree with as if I give you a tenner I can’t say it’s still mine until you spend it.

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On 02/05/2025 at 12:25, timeEd32 said:

6 English teams in the CL and possibly winning two of the 3 tournaments is going to shine a light on how financially dominant the PL has become. 
 

Not really sure what can be done. It would be a shame if UEFA responded by making an example out of a club like Chelsea.

It’s the system working as intended. The entire big 6 is meant to qualify. The rule changes will mean Chelsea (might) get in via 5th. Spurs/Man U get in via Europa.  

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1 minute ago, r0cafella said:

Why will this blow PSR right open?

I am guessing they’ve spotted capital spend is outside scope. So they think they can buy a load of houses (capital) and rent them for income and remove any PSR limits.

 

Maybe if this ludicrous plan works PIF could sell NUFC a few oil wells and we’re laughing 

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2 minutes ago, WilliamPS said:

I am guessing they’ve spotted capital spend is outside scope. So they think they can buy a load of houses (capital) and rent them for income and remove any PSR limits.

 

Maybe if this ludicrous plan works PIF could sell NUFC a few oil wells and we’re laughing 

I'm pretty sure DAMAC are just licensing the brand, these units will also be sold not rented if I'm not mistaken. 

 

It's a nothing burger, plus they've already blown ffp/par apart with selling the womens team, hotels, car parks as well as trading academy players for profit. 

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14 hours ago, Rafalove said:

Type of thing we could/should do?

 

 

 

 

 

 

 

13 hours ago, WilliamPS said:

I am guessing they’ve spotted capital spend is outside scope. So they think they can buy a load of houses (capital) and rent them for income and remove any PSR limits.

 

Maybe if this ludicrous plan works PIF could sell NUFC a few oil wells and we’re laughing 

Don't know if the last three years has passed everyone by, but PIF won't do anything like this.  They've shown no inclination to test the rules on any level - and there is a good chance that they agreed not to do this in order to get the takeover approved.

 

Complete non-starter - the loophole will end up getting closed in any case.

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16 minutes ago, Menace said:

DAMAC are absolutely huge as well, why would they want to ruin their rep for some Chelsea nonsense?

it's just a licensing deal where they use the Chelsea brand on apartments. why? who knows but that's all it is. 

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How does the income compare between winning the Europa league, and say being knocked out at the quarter finals of the champions league? 

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5 hours ago, janpawel said:

How does the income compare between winning the Europa league, and say being knocked out at the quarter finals of the champions league? 

Villa made £45m in prize money - the Europa League earns a maximum of £20m in prize money (assuming winning every group game)

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36 minutes ago, Ben said:

PSR works, geed up.

And apparently so does stealing the pension money from supporters to set up a company to buy their football club, get them promoted to the Premier League, never give the money back, and then win the FA Cup, get into Europe, and then sell the club to an American billionaire who’s company owns half the domestic product brands in the world.

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9 minutes ago, Stifler said:

And apparently so does stealing the pension money from supporters to set up a company to buy their football club, get them promoted to the Premier League, never give the money back, and then win the FA Cup, get into Europe, and then sell the club to an American billionaire who’s company owns half the domestic product brands in the world.

 

Nee idea what that means 

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18 minutes ago, Ben said:

Nee idea what that means 

Steve Parish got Palace supporters to transfer their pensions into a trust so that he could have a deposit to buy Crystal Palace which he and his friends had placed into administration. Apparently Palace and the then owner Simon Jordon had a line of credit or commercial deal with one of Parish’s companies, and Parish claimed that the money wasn’t paid and Simon Jordon disputed it, but it was costing the club too much money and he had to place them into administration.

 

So Parish got the pension money from Palace fans to save the club that he effectively forced into admiration. Once in as owner, he turned his back on the deal to give the Palace fans a share of the club which would have resulted in them getting their pension money back if they cashed it in.

 

Parish is now selling the club to the New York Jets owner, who is the owner of the Johnson Johnson group. The Johnson Johnson group make something stupid like 50% of the domestic goods market in American and Europe. They also sold talc which is poured onto babies after bath when the company knew it caused cancer. They paid researchers to dispute the claims, but various studies exposed the truth. They then paid the USA government to stop them from holding them accountable for it and paying compensation. Talc has only very recently went off the shelf.

 

 

Edited by Stifler

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3 minutes ago, Stifler said:

Steve Parish got Palace supporters to transfer their pensions into a trust so that he could have a deposit to buy Crystal Palace which he and his friends had placed into administration. Apparently Palace and the then owner Simon Jordon had a line of credit or commercial deal with one of Parish’s companies, and Parish claimed that the money wasn’t paid and Simon Jordon disputed it, but it was costing the club too much money and he had to place them into administration.

 

So Parish got the pension money from Palace fans to save the club that he effectively forced into admiration. Once in he turned his back on the deal to give the Palace fans a share of the club which would have resulted in them getting their pension money back if they cashed it in.

 

Parish is now selling the club to the New York Jets owner, who is the owner of the Johnson Johnson group. The Johnson Johnson group make something stupid like 50% of the domestic goods market in American and Europe. They also sold talc which is poured onto babies after bath when the company knew it caused cancer. They paid researchers to dispute the claims, but various studies exposed the truth. They then paid the USA government to stop them from holding them accountable for it and paying compensation. Talc has only very recently went off the shelf.

 

Arh, so thats why Simon Jordon hates Parish 

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