FFP

[playboypaul]

So, with FFP coming in to play and big clubs spending big money, I thought it would be good for those of us who are interested in the ins and outs of it to have a one stop shop for all things FFP.

So, here it is:

http://www.financialfairplay.co.uk/financial-fair-play-explained.php

 

[playboypaul]

Just while I was listening to that, at 4:10, the guy says about a UEFA monitoring body for fair value who makes sure that prices of players etc are not artificially inflated.

Now the reason I mention this is because of the Monaco - Porto deal involving Rodreiguez (sp) and Moutinho. Was not the value of the players distorted so that Porto escaped having to pay a fair reflection of the sell on clause?

If that's the case, shouldn't that have been picked up by this Fair Value committee or whatever it is? If not, why not? It seems to me that this FFP thing isn't getting off to a very thorough start.

I just wonder what it bodes for the future. Also, there is a mention that a clubs owner is allowed to basically plough €40m of their own money in to the club for the first operating financial period, that's an unfair advantage is it not? It seems to me that this whole thing wont be as tightly controlled as it should be and is a bit of a song and a dance to detract away from the really dirty things the big clubs get up to and that UEFA are in league with it all and are just trying to present a clean and tidy face for the world.

I may be wrong and be being very cynical but I cant help but wonder.

 

[vegassd]

I think the real test will be next Summer. From what I understood when I read that site before, the first accounting period has already closed (the last 2 seasons combined) and I can't see anyway that Man City or Chelsea have stayed anywhere near break even during that time.

The sanctions for that period will be handed out next year so surely both those teams will be on the block. I can't see it being anything more than a slap on the wrist unfortunately.

 

[JerryGarcia]

The whole thing is a joke, when you can sponsor yourself and get away with it, there's no hope of fair play.

 

[Adam456]

Yes I check this site regularly. The first punishments are not due out for a while. As I've said in various threads I feel certain that ither Citeh or Chelscum will technically fail at some point. They need to lose less than £38m over 2 seasons on a rolling basis but even if they do so long as they can show that losses are on a downward trajectory then they are ok. Chelsea will just scrape through the first by the revenue from fluking the CL and the New prem TV deal and a massive shirt deal but Citeh should struggle as they lost £100m last accounts 2011/2012 and have since exited the CL quickly and came 2nd instead of Champions

 

[Hoddtastic72]

Maybe City will be banned from CL for a season if they fail the FFP rules, would send out a strong message to other clubs. If bans aren't handed out the whole thing will just be a joke.

 

[Adam456]

They've just agreed to sell Tevez. Pretty sure that's the only way they can fund any big bids now

 

[beats1]

Also other people complaining about City's, PSG's and etc. owners sponsoring their team, should remember technically speaking we are doing the same as Enic have some links to Autonomy or Aurasma

 

[Spursidol]

Also other people complaining about City's, PSG's and etc. owners sponsoring their team, should remember technically speaking we are doing the same as Enic have some links to Autonomy or Aurasma

Autonomy is now owned by HP, so so longer a link.

I think that ENIC owned a small stake circa 5% of Autonomy, and FFP regulations are based upon a 'related party' which requires a larger shareholding/stronger relationship so IMO we would not have been caugh by FFP anywayt.

 

[Misfit]

Also other people complaining about City's, PSG's and etc. owners sponsoring their team, should remember technically speaking we are doing the same as Enic have some links to Autonomy or Aurasma

Do ENIC own a majority share of Autonomy Corp. though? I mean, there must be dozens, if not hunnerts, of companies that ENIC have invested in. They are an investment company after all. Not sure how that is in any way inappropriate otherwise.

I'm not saying we're saints but there's no way I'll let us be compared to those fucking bent ****s at citeh or PSG who are contorting the entire system beyond recognition.

 

[beats1]

Autonomy is now owned by HP, so so longer a link.

I think that ENIC owned a small stake circa 5% of Autonomy, and FFP regulations are based upon a 'related party' which requires a larger shareholding/stronger relationship so IMO we would not have been caugh by FFP anywayt.

To be fair there are some sponsorship deals that have been done with family members of royal families paying for shirt deals so I wonder the attitude towards that may be, i guess it may be classed as a strong relationship but would the tottenham way if we did get fined for it lol

 

[Lilbaz]

I don't think some of you are taking into account all of the rules.

Say man c turnover is £200m
they spent £300m, that is a loss of £100m.

But then you have to take into account,
cost of the academy £20m
cost and wages of players signed before 2010 £15m
cost of new training ground £45m

Take this into account theyd be within ffp rules.

See swiss ramble for a full breakdown.

 

[Adam456]

I don't think some of you are taking into account all of the rules.

Say man c turnover is £200m
they spent £300m, that is a loss of £100m.

But then you have to take into account,
cost of the academy £20m
cost and wages of players signed before 2010 £15m
cost of new training ground £45m

Take this into account theyd be within ffp rules.

See swiss ramble for a full breakdown.

Swiss Ramble concludes on that website FFP.co.UK that they fail by £68m....

 

[Lilbaz]

Swiss Ramble concludes on that website FFP.co.UK that they fail by £68m....

was using city as an example that the rules are more complex than just profit/loss. Sorry it wasn't meant to be taken literally.

 

[spud]

It seems to me that this whole thing wont be as tightly controlled as it should be and is a bit of a song and a dance to detract away from the really dirty things the big clubs get up to and that UEFA are in league with it all and are just trying to present a clean and tidy face for the world.

Welcome to planet Earth, playboypaul. Welcome to planet Earth.

 

[Lilbaz]

They will have to enforce it. If you want to know why take a look at la liga. If the spanish tax authorities were as stringent as ours they'd be no spanish teams left.
Deportivo will probably not survive past the weekend and will join 2 more spanish sides that ceased to exist this month.
All the money teams make goes straight to players and agents. This needs rebalancing otherwise no-one will invest in football apart from oligarchs and sheiks.

 

[vegassd]

Say man c turnover is £200m
they spent £300m, that is a loss of £100m.

I'm presuming those are just example figures. I know that lots of those youth development expenses are taken out of the FFP equation, as well as established players' wages but I still can't see how their footballing revenues can get anywhere near their footballing expenses.

There are also Premier League regulations that are separate from the Eufa FFP and sounded much more hardcore when I first read about them. They gave the impression that points deductions were going to be the primary punishment. That could start getting very interesting.

 

[Lilbaz]

I'm presuming those are just example figures. I know that lots of those youth development expenses are taken out of the FFP equation, as well as established players' wages but I still can't see how their footballing revenues can get anywhere near their footballing expenses.

There are also Premier League regulations that are separate from the Eufa FFP and sounded much more hardcore when I first read about them. They gave the impression that points deductions were going to be the primary punishment. That could start getting very interesting.

Just examples notto be taken seriously.

Swiss ramble did a new premiership breakdown last weekend, is probably the most up to date for the clubs.