Right Guys ...
JP is not tight we have financial restrictions regarding wages due to FFP.
I have looked at this post for a few days and have been reading off other sites and found why we can't really fund probably more than one signing.
I have only picked out a snippet off westbrom.com if you really need to see the whole debate i suggest ypu pop over and have a read,
We are up to £80 Million of a £84 Million wage cap due to this FFP thing and listen i don't understand the in's and out's of it either, Skad may word or explain better than me.
The fact that the like of Bournemouth, Norwich & Watford can be seem to be spending a lot more is because when they came up from the Championship the wage bill was really low compared to everyone else's.
I still don't understand how the likes of Stoke, Newcastle. etc can still spend big as I say i'm not really understanding FFP myself,
Simple fact is there is a reason why we cant strengthen until next year unless we MOVE SOME PLAYERS OUT !!
As I say it all over on Westbrom.com but hope this little snippet helps people understand a little
Beefy
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The wage cap in under Premier League FFP only applies to increases funded by the broadcast contract profits on player sales could be used to fund an increase in wages. As any fee we get for Saido will be all profit and booked as such this year it could fund an increase in our current wage bill. This is why the structure of the fee is important if there are contingent elements in the fee (add-on's)these are only booked as profit when they are triggered.
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Some people need to realise that with the FFP rules it would be better if either one of Poc, Gamboa, Chester, Lambert, Sick Vic, Mcmanaman and any other player on a salary over and above that of Berahino would be of more benefit, recruitment wise, that if he were to stay.
I admire the club's stance on this. Sometimes players need to engage their brains before either opening their mouths or displaying acts of pure ineptitude to try and get their own way.
Saido is a low fund player and the club will have the ace cards in this situation - he needs to accept that - and either sign another contract, reputedly on a bigger wage, or get his preferred destination club to stump up the cash the club wants.
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The wage cap in under Premier League FFP only applies to increases funded by the broadcast contract profits on player sales could be used to fund an increase in wages. As any fee we get for Saido will be all profit and booked as such this year it could fund an increase in our current wage bill. This is why the structure of the fee is important if there are contingent elements in the fee (add-on's)these are only booked as profit when they are triggered.
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So how does that work if next year we don't have a Saido to sell for a £20m profit, and have used that £20m to buy players and take on new wages on 4-year contracts without the extra income in years 2, 3 and 4 to pay for those extra wages?
Answer..
There will be a new cap with the new deal which I guess will be higher than the current £4m increase. It only refers to an increase and only applies if that increase is funded by the growth in broadcast income rather than any of the other sources of income that a club has. So if your wage bill is £80m it is capped at £84m the following year so in theory we could spend the entire profit from the sale of Saido this year to pay wages.
It is a really badly thought through rule and it hits us particularly hard because the vast bulk of our income comes from the TV deal.
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I'm not sure the figures mentioned above are correct about WBA but before people speak about JP being tight they really need to understand restrictions clubs are under, whether the above figures are correct regarding WBA are correct or not, the Point is we have used almost all our wage salary cap regarding FFP