Financial fair play ?

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Billy Bonds boots
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Financial fair play ?

Post by Billy Bonds boots »

Now I can never get my head around this rule but it seems to me the more back handers that ate handed out the more you get away with, rumours today are that aubameyang is of to Barcelona who yesterday came out that they are 1.15 billion in debt how can teams like this get away with it and others don't.
Every clubshouid have a certain transfer and wage cap including wages and then we wouid see who the great managers really are. :newthumb:
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Hummer_I_mean_Hammer
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Re: Financial fair play ?

Post by Hummer_I_mean_Hammer »

All about the global branding and the money that goes with it.

So it will never happen, (FIFA / UEFA) Some of these must be on a proper decent wedge, so why rock the boat?
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Tristan Shout
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Re: Financial fair play ?

Post by Tristan Shout »

FFP only applies to smaller clubs, or unscrupulous owners like ours use it as an excuse to not spend any money, rich clubs just spend as they wish as it doesn't apply to them
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jastons
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Re: Financial fair play ?

Post by jastons »

Is FFP based on cash flow rather than debt? So as long as Barcelona can meet their repayments then it's OK?
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fjthegrey
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Re: Financial fair play ?

Post by fjthegrey »

A good excuse if you don't want to spend.

Not a restriction if you do though.
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The Collector
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Re: Financial fair play ?

Post by The Collector »

I often wonder if something like the US gridiron draft system would work, where the less successful teams get first dibs on players. But, can you imagine a young Lionel Messi being told that he’s playing for Accrington Stanley rather than Barcelona.
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WestHamLyallStyle
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Re: Financial fair play ?

Post by WestHamLyallStyle »

We all know football is something of a farce nowadays but the big boys can spend what they like as it’s never stopped the so-called ‘ also rans ‘ giving them a bloody nose once in a while. West Ham are testament to that.
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Up the Junction
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Here we go again

Post by Up the Junction »

It's like 2007 all over again... Leeds and Burnley threaten legal action re Everton's finances.

https://www.thetimes.co.uk/article/leed ... -ptttlj9fc
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Shabu
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Re: Here we go again

Post by Shabu »

Leeds fan Nick Faldo and Burnley fan Snoop Dogg are marching on Downing Street & have prepared a scary Haka to force Boris into action.

Boris, being a man of the people, is ahead of the curve.....

Image
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Hummer_I_mean_Hammer
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Re: Here we go again

Post by Hummer_I_mean_Hammer »

If they were to challenge and lose, could we counter sue?

I am joking of course
Wormley The 2nd
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Re: Here we go again

Post by Wormley The 2nd »

Have they actually got any 'celebrity' (barf) fans to help them fight the cause?
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Hummer_I_mean_Hammer
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Re: Here we go again

Post by Hummer_I_mean_Hammer »

Wormley The 2nd wrote: Fri May 20, 2022 5:35 pm Have they actually got any 'celebrity' (barf) fans to help them fight the cause?
They have Prince Charles and Norris from Coronation Street , so given the royal connotations, I can see them get something.
DenziMart
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Re: Here we go again

Post by DenziMart »

Does look like Everton have been cooking their books and do have something to answer to.
But since when has the Premier League been a level playing field?
Loan for £1.5bn written off, clubs selling stadiums to themselves for over inflated prices, some very questionable sponsorship deals, some interesting accounting when it comes to player values etc. etc.
Frankly, it's all corrupt and Everton are just one of many who are benefitting financially by bending and breaking the rules.
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bubbles1966
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Re: Here we go again

Post by bubbles1966 »

I'm not sure of the ins and outs but we know from bitter experience how these things can go.

Didn't Mykolenko - signed in January - score a critical goal a week or two ago?

Roll out Henry Winter and a typical judge and ask why they haven't been subject to transfer embargo....

It ends up with £50m-£75m in compensation to whoever goes down. They have a precedent to call on.
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Colours never run
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Re: Here we go again

Post by Colours never run »

Right ok, who do we have to write the £30m cheque out too this time... 📝
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DaveWHU1964
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Re: Here we go again

Post by DaveWHU1964 »

Isn’t it nice not to be involved in this **** this time around.

(We’re not are we? 😐).
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bubbles1966
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Re: Here we go again

Post by bubbles1966 »

https://www.bbc.co.uk/sport/football/61529371

Everton's covid explanation is clearly bull****.

They take about £15m a year at the gate.
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Johnny Byrne's Boots
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Re: Financial fair play ?

Post by Johnny Byrne's Boots »

Leeds & Burnley threaten legal action against Everton and Premier League
Leeds and Burnley are threatening legal action against Everton and the Premier League over the handling of the club's finances.

Both clubs wrote to the league last week regarding Everton's most recent accounts which showed losses of £120.9m for the 2020-21 season.

They have posted losses of £372m over the past three years.

League profitability and sustainability rules allow for losses of £105m over a three-year period.

But Everton say that Covid-19 losses over the past two seasons amount to £170m.

That figure has caused surprise among some Premier League teams because it dwarfs clubs of a similar size.

Earlier this week, Newcastle posted Covid-19 losses of £40m over the past two seasons, while Aston Villa said theirs amounted to £56m.

more...
[popcorn thingy]
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Kludgehammer
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Re: Financial fair play ?

Post by Kludgehammer »

Um... so if Covid was 170m, then Everton were a mere 97m over the 105m limit?

I suppose it's too much to hope for a points deduction
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Hammer Matty
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Re: Financial fair play ?

Post by Hammer Matty »

Having read a bit into it, I don’t see how Everton aren’t bang to rights? Maybe Leeds and Burnley have a case?
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