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Ins & Outs 2016
i liked you in 2013 Wink Whistle
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That's how it's panned out but surely that can't have been the stated reason it was brought in?
"God Save the King."
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(20-09-2016, 01:39)peiowl Wrote: That's how it's panned out but surely that can't have been the stated reason it was brought in?

To be fair its nothing to do with the Prem, they do not have to follow the FFP we have to follow. There is a UEFA version for clubs competing in European competition but there is nothing I am aware of for the Prem itself. The current FFP rules we follow were set up and agreed by the 72 FL clubs, not the Prem.

FFP was brought in by the FL to prevent clubs from over spending and ending up like Portsmouth or Blackburn or Bolton or any number of clubs who have gone through admin. The reasons for it were sound and were right for the game as a whole if it prevents club forever over spending and ending up in severe financial strife, but the downside is it does prevent a club like us who have a wealthy owner from spending what we want and letting him pick up the tab. But we have also seen time and again so called rich owners pumping money in to a club, putting them in debt and then losing interest leaving the club in serious trouble.

Of course the real problem is not FFP, its the parachute payments the failed prem teams get, this puts them so far ahead of all the other teams in terms of available revenue that it is becoming increasingly difficult to get into the prem for other clubs. But FFP didn't cause that, the Sky deal and Prem did, FFP does exacerbate the situation though!! Imre is right that it does prevent clubs doing what Chelsea, Man City etc did to rise through the ranks spending whatever they wanted to get to the promised land, but for every one of them there are 10 clubs who have been in admin because of poor management and over spending. We got our wealthy owner about 5 years too late, now its just so much harder than it was to get up.

Slight amendment to above, the Prem does have its own version that allows them losses of 105m over three years, not likely with the Sky money anyway!! The Prem version was implemented first along with other UEFA ones and ones in other top leagues, but it was still the FL that decided to introduce one for their 72 clubs in 2011.
peiowl likes this post
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What happens if you overspend then? I just thought it was a transfer embargo. Surely if you splashed 100 million on players on three year deals. Even with a transfer embargo you should go up one year and then your in the prem and it doesn't matter. Correct me if i'm wrong but don't recall a points deduction.
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http://www.financialfairplay.co.uk/finan...lained.php
Nothing great will ever be achieved without great men, and men are great only if they are determined to be so. For glory gives herself only to those who have always dreamed of her.
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The rules are to be amended this season I think to reflect the ignorant amount of money being thrown around.

As it stands you can overspend. gamble on promotion and be hit with a fine plus transfer embargo. So you'd have a season in the EPL and have to use the squad that gained promotion. Still worth it because the fine's won't exceed the parachute payments.

Expect further amendments that hit smaller, to medium sized clubs and have little to no effect on the blue bloods. it's the same thing happening in every walk of life..

Oligarchy....
"The opinion of 10,000 men is of no value if none of them know anything about the subject." Marcus Aurelius
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Big Grin

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Jacko The Flopsy Piglet and Maddix like this post
"The opinion of 10,000 men is of no value if none of them know anything about the subject." Marcus Aurelius
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Jeremy Helan has left swfc by mutual consent.

Just need Dielna, Barry and Bus to go now.
Nothing great will ever be achieved without great men, and men are great only if they are determined to be so. For glory gives herself only to those who have always dreamed of her.
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(23-09-2016, 13:14)Owlkev71 Wrote: Jeremy Helan has left swfc by mutual consent.

Just need Dielna, Barry and Bus to go now.

And Sougou. Is Matias alive? Does Emanuelson exist?

FFS, seriously..
"The opinion of 10,000 men is of no value if none of them know anything about the subject." Marcus Aurelius
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We bought edmungopants just as back up hes never going to play ever ? Matiass melo sougou bus and barry why are they still here ? stobbs has more chance of starting than all off these except mattiass who will get picked do nothing and get injured in training ? because he never actually gets injured on the pitch ?
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