by Millsy » 27 Aug 2020 10:26
by tidus_mi2 » 27 Aug 2020 10:43
Millsy Excsue me if this is being discussed elsewhere - mods please delete or merge into appropriate post, but I thought it was a big deal...
Getting out of my monthly shower this morning I caught BBCRB talking about suspending FFP for a year or something and the implications this would have for RFC.
I didn't quite catch it all, but... wtf? If FFP is no longer an issue does that suddenly mean we sign Ejaria, we claw back players we've moved on, we splash the cash now? What's going on I'm beyond confused now.
by Hound » 27 Aug 2020 10:51
by SpaghettiHoop » 27 Aug 2020 10:55
by PieEater » 27 Aug 2020 11:51
by Nameless » 27 Aug 2020 12:21
by Westwood52 » 27 Aug 2020 12:55
by Sutekh » 27 Aug 2020 13:46
Nameless It’s been obvious that something has to change with FFP. You can’t expect clubs to break even when they have no revenue.
However it should not be an excuse for us not to get our finances in order.
If FFP is scrapped/suspended it takes away the threat of points deduction but we really should use the opportunity to run the club on a sensible basis. No FFP would allow the owners to wipe existing debts and inject capital if they wished.
by Franchise FC » 27 Aug 2020 16:25
Westwood52 Listening to a Prem fanzine last night;apparently Messi is being paid a million pounds a week.You do wonder how Barcelona and Real Madrid avoid FFP.
by WestYorksRoyal » 27 Aug 2020 16:51
SutekhNameless It’s been obvious that something has to change with FFP. You can’t expect clubs to break even when they have no revenue.
However it should not be an excuse for us not to get our finances in order.
If FFP is scrapped/suspended it takes away the threat of points deduction but we really should use the opportunity to run the club on a sensible basis. No FFP would allow the owners to wipe existing debts and inject capital if they wished.
FFP is something that should be completely scrapped as all it does is help maintain the status quo, let alone the complexity involved with monitoring all the different aspects of a club’s accounts. Replacing it with the much mooted squad salary cap makes a lot more sense and would presumably be easier for both the FL and clubs to monitor and understand where they are within its limitations each season.
by SCIAG » 27 Aug 2020 17:32
Franchise FCWestwood52 Listening to a Prem fanzine last night;apparently Messi is being paid a million pounds a week.You do wonder how Barcelona and Real Madrid avoid FFP.
May be very different now with players getting a portion of 'image' rights, but the business plan for David Beckham's move the Real Madrid showed that they would make their money back without him playing a single game, based on worldwide shirt sales alone.
Messi is presumably considered a bigger name (not in letters obviously) than Beckham was then.
by Brain Traysers » 27 Aug 2020 22:27
WestYorksRoyalSutekhNameless It’s been obvious that something has to change with FFP. You can’t expect clubs to break even when they have no revenue.
However it should not be an excuse for us not to get our finances in order.
If FFP is scrapped/suspended it takes away the threat of points deduction but we really should use the opportunity to run the club on a sensible basis. No FFP would allow the owners to wipe existing debts and inject capital if they wished.
FFP is something that should be completely scrapped as all it does is help maintain the status quo, let alone the complexity involved with monitoring all the different aspects of a club’s accounts. Replacing it with the much mooted squad salary cap makes a lot more sense and would presumably be easier for both the FL and clubs to monitor and understand where they are within its limitations each season.
What is the objective of FFP? Stop clubs spending beyond their means and screwing themselves/relying upon owners?
If that is the objective, it has clearly failed. If the Dais were to walk away now and take the stadium and training ground they own with them, we'd be oxf*rd. Yet we haven't breached FFP.
I'm supportive of regulation that makes clubs sustainable, and that will inevitably support the status quo as big clubs have more resources. But clearly the plight of Bolton and Bury shows the current framework needs improvement. That's before we consider the shitshow at Wigan.
by Nameless » 28 Aug 2020 08:45
WestYorksRoyalSutekhNameless It’s been obvious that something has to change with FFP. You can’t expect clubs to break even when they have no revenue.
However it should not be an excuse for us not to get our finances in order.
If FFP is scrapped/suspended it takes away the threat of points deduction but we really should use the opportunity to run the club on a sensible basis. No FFP would allow the owners to wipe existing debts and inject capital if they wished.
FFP is something that should be completely scrapped as all it does is help maintain the status quo, let alone the complexity involved with monitoring all the different aspects of a club’s accounts. Replacing it with the much mooted squad salary cap makes a lot more sense and would presumably be easier for both the FL and clubs to monitor and understand where they are within its limitations each season.
What is the objective of FFP? Stop clubs spending beyond their means and screwing themselves/relying upon owners?
If that is the objective, it has clearly failed. If the Dais were to walk away now and take the stadium and training ground they own with them, we'd be oxf*rd. Yet we haven't breached FFP.
I'm supportive of regulation that makes clubs sustainable, and that will inevitably support the status quo as big clubs have more resources. But clearly the plight of Bolton and Bury shows the current framework needs improvement. That's before we consider the shitshow at Wigan.
by TiagoIlori » 28 Aug 2020 10:29
by WestYorksRoyal » 28 Aug 2020 10:50
by WestYorksRoyal » 28 Aug 2020 11:14
WestYorksRoyal Even with FFP lifted, does anyone else think £6m for Swift from Villa is a good deal? Squad is unbalanced with Swift, Ejaria and Olise. Sell Swift and bring in some wide options.
by tidus_mi2 » 28 Aug 2020 11:29
WestYorksRoyalWestYorksRoyal Even with FFP lifted, does anyone else think £6m for Swift from Villa is a good deal? Squad is unbalanced with Swift, Ejaria and Olise. Sell Swift and bring in some wide options.
Counter point to this is that the bid is about a third of what Palace just paid for Eze, even in the current market. I don't think Swift is as good as Eze, but should be £10m+ if you treat the deal as a reference point.
by Hound » 28 Aug 2020 11:42
by Nameless » 28 Aug 2020 11:53
TiagoIlori I think the thing that makes it a bit less risky than last time is that our recruitment is miles better now, last time the only assets we could sell for a good amount were Liam Moore and John Swift, now we have Yakou Meite, George Puscas, John Swift(still), potentially Ovie Ejaria, Michael Olise and Andy Yiadom.
by From Despair To Where? » 28 Aug 2020 12:57
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