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Financial Fair Play / Profit & Sustainability


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3 minutes ago, Unbelievable said:

 

I'd rather we became successful through natural progression, but the fact of the matter is we have indeed first held back by horrific ownership and are now being held back by a regulator intent on not allowing us (and others) to compete on an even keel with some of the established big clubs. Just give everybody an even playing field, i.e. the same limitations in terms of allowable expenses on squad, infrastructure etc. and let the best team win I say.

 

Which let's be honest, is no longer possible. Our best players will eventually get picked off by the superleague cartel without a significant boost to income. Unfortunately I can't see this playing out in our favour anytime soon.

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2 minutes ago, Unbelievable said:

From that Times article:

 

 

Isn't it odd the PL would ask other clubs for legal support? One thing is clear, the big six minus one are shitting themselves over this.


the premier league is the other clubs 

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Posted (edited)

Hope you guys revel in your club working its way to the top and earning titles. Nothing like home grown success after all. 

 

 

Edited by Palace fan

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2 minutes ago, Turnbull2000 said:

 

Which let's be honest, is no longer possible. Our best players will eventually get picked off by the superleague cartel without a significant boost to income. Unfortunately I can't see this playing out in our favour anytime soon.

If these rules are seen to be illegal they’ll be removed immediately so it would benefit us in terms of APT sponsorship.

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3 minutes ago, Chris_R said:

 

Blackburn started it, a little club buying itself a PL title. If it was OK then, it should be OK now. Nothing's changed except transfer fees and wages have gone up.

 

I guess the answer to that would be at least Jack Walker was a Blackburn local who lived and died for his club. But you are right, the principle is the same, just gone global now, and as far as I'm concerned you are either on the inside or the outside.

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8 minutes ago, Chris_R said:

 

Blackburn started it, a little club buying itself a PL title. If it was OK then, it should be OK now. Nothing's changed except transfer fees and wages have gone up.

That is true but the gap was manageable. Newcastle were up there and spending similar amounts. In todays game the gap is getting bigger and bigger because like it or not Man City & Newcastle are owned by countries 

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7 minutes ago, TRon said:

 

I guess the answer to that would be at least Jack Walker was a Blackburn local who lived and died for his club. But you are right, the principle is the same, just gone global now, and as far as I'm concerned you are either on the inside or the outside.

Sounds like immigrants coming in and taking our jobs to me?

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6 minutes ago, Palace fan said:

Hope you guys revel in your club working its way to the top and earning titles. Nothing like home grown success after all. 

 

 

 

Maybe with the exception of Celtic's 1967 European Cup winning side it has always been thus. It’s just the figures involved have grown exponentially following Abramavich using Chelsea to launder his dirty cash

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8 minutes ago, Palace fan said:

Hope you guys revel in your club working its way to the top and earning titles. Nothing like home grown success after all. 

 

 

 

 

Mmmmmm Revels, not coffee though there shit

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5 minutes ago, Palace fan said:

Hope you guys revel in your club working its way to the top and earning titles. Nothing like home grown success after all. 

 

 

 

Limitless spending pre FFP/PSR allowed cartel clubs to gain success and entrench their position. They then brought in rules to say clubs could spend only a percentage of their earnings and then brought in rules to say they could dictate what other clubs could earn from sponsorships. They’ve grouped together to protect their position. I’m not in favour of limitless spending but there should be a cap that any club spend up to. Clubs who want to compete should be able to spend so long as their owners cover the cost I.e. no loans placed on clubs. Somehow I don’t think the PL will want true competition.

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10 minutes ago, Palace fan said:

Hope you guys revel in your club working its way to the top and earning titles. Nothing like home grown success after all. 

 

 

 

PIF will continue to run us sustainably they’re not a charity, but we’ll just not be hampered by anticompetitive measures implemented to curtail our progress and maintain the current cartel.

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54 minutes ago, Checko said:

I think the biggest problem with football at the moment is the enourmous disparity in income between a very few teams at the top and the rest.

 

I've seen people saying the Palaces, Bournemouths etc. can't compete because of FFP restrictions on their spending. Bullshit, they can't compete because they have half a billion pounds less income per year that the very top teams.

 

Take all regulations away and you still basically need to be a sovereign wealth funds to compete. Shouldn't be like that. It doesn't make it more fair for everybody.

 

I'm sure I'm in a vast minority here, but I think there need to be more rules to reduce inequality, not more unfettered free marketing, which basically always just leads to market dominance for a handful of entities, even if we hope to be one of those.

 

 

 

 

Clubs are ran by morons, loads of clubs in Europe don't have EPL income and have better sides, at least with Blackburn, Man City and Chelsea they put money back into football, the fact dopey owners squandered it has fuck all to fo with FFP

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3 minutes ago, Myleftboot said:

Not a lover of the orange ones either.

I don't mind a little orange surprise

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Possible bad news for the scousers - at least it makes their holier then thou moral stance less viable.

 

Liverpool sponsor Standard Chartered 'accused of helping to fund terrorist groups' after expert 'uncovers payments of £7.5bn' to suspect companies'

 

Articles:

 

https://www.dailymail.co.uk/sport/football/article-13493933/Liverpool-sponsor-Standard-Chartered-accused-helping-fund-terrorist-groups.html

https://www.mirror.co.uk/sport/football/news/liverpool-sponsor-standard-chartered-facing-32957443

https://www.bbc.co.uk/news/articles/cd11j09q2llo

https://moneyweek.com/investments/stocks-and-shares/bank-stocks/standard-chartered-terrorist-financing-accusations

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22 minutes ago, gdm said:

I don’t disagree. It’s just a mess. If the Saudis had bought a different club not one single person on here would be celebrating this. It’s just going to make the gap all the way down the pyramid massive. I hate the way the premier league is starting to become a jump too far for most championship clubs 

 

Teams lower down are suffering already though? Forest, Everton and Leicester for example are sides that have tried to be competitive and been fucked by the rules. Even Villa may have to cash in on players after just securing champions league, it's ridiculous.

 

I think a fair few clubs coming up now simply don't bother trying to stay in the division with how things are. 

 

Meanwhile Chelsea have spent over £1b and are selling themselves hotels so they can hoover up talent from all over. 

 

 

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4 minutes ago, cannybagoftudor said:

Possible bad news for the scousers - at least it makes their holier then thou moral stance less viable.

 

Liverpool sponsor Standard Chartered 'accused of helping to fund terrorist groups' after expert 'uncovers payments of £7.5bn' to suspect companies'

 

Articles:

 

https://www.dailymail.co.uk/sport/football/article-13493933/Liverpool-sponsor-Standard-Chartered-accused-helping-fund-terrorist-groups.html

https://www.mirror.co.uk/sport/football/news/liverpool-sponsor-standard-chartered-facing-32957443

https://www.bbc.co.uk/news/articles/cd11j09q2llo

https://moneyweek.com/investments/stocks-and-shares/bank-stocks/standard-chartered-terrorist-financing-accusations

 

They'll forget about it, just like they forgot about the several other times this bank were caught doing shit.

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4 minutes ago, cannybagoftudor said:

Possible bad news for the scousers - at least it makes their holier then thou moral stance less viable.

 

Liverpool sponsor Standard Chartered 'accused of helping to fund terrorist groups' after expert 'uncovers payments of £7.5bn' to suspect companies'

 

Articles:

 

https://www.dailymail.co.uk/sport/football/article-13493933/Liverpool-sponsor-Standard-Chartered-accused-helping-fund-terrorist-groups.html

https://www.mirror.co.uk/sport/football/news/liverpool-sponsor-standard-chartered-facing-32957443

https://www.bbc.co.uk/news/articles/cd11j09q2llo

https://moneyweek.com/investments/stocks-and-shares/bank-stocks/standard-chartered-terrorist-financing-accusations

 

 

image.thumb.png.fa69a242f303f97dece38a0bf489af69.png

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This would be the perfect time for Newcastle to file their own law suit on the basis of anti-competition. 

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Just now, Kid Icarus said:

 

 

image.thumb.png.fa69a242f303f97dece38a0bf489af69.png

 

Aye, I think the point is their hypocritical fans. It just cements the idea that dirty money is everywhere in football, including us, of course.

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5 minutes ago, Jaqen said:

 

Teams lower down are suffering already though? Forest, Everton and Leicester for example are sides that have tried to be competitive and been fucked by the rules. Even Villa may have to cash in on players after just securing champions league, it's ridiculous.

 

I think a fair few clubs coming up now simply don't bother trying to stay in the division with how things are. 

 

Meanwhile Chelsea have spent over £1b and are selling themselves hotels so they can hoover up talent from all over. 

 

 

That’s kinda my point. It’s fucked as it is it’s only going to get worse

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We should be able to spend as much as any other club in the PL. The concept of ‘spend what the club earns’  is pretty new and didn’t exist for well over a century. It’s also totally loaded in favour of clubs who have been making hay for 20-30 years building themselves into an unassailable position with no restrictions. As soon as the Football League was created clubs were bankrolled by rich owners or they were using inducements to import Scottish professionals etc. 

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40 minutes ago, Chris_R said:

 

Blackburn started it, a little club buying itself a PL title. If it was OK then, it should be OK now. Nothing's changed except transfer fees and wages have gone up.

Blackburn did start it, but not with Jack Walker, but by being the first team to pay a player a wage in the 1800’s.

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