Financial Fair Play (general thread)

[npearl4spurs]

they would have to keep selling players for crazy fees though

Evan Ferguson - come on down!!

 

[SirHarryHotspur]

Love this statement on Brighton's financials, anyone reckon this would work with my bank...

“For the first time since Tony made his first interest free loan to the club back in 2007 we have been able to make a substantial repayment to him reducing the loan balance from £406.5m to £373.3m."

Just for the record Brighton revenue £204.4 million , wage bill £127.5 , wage ratio 62.3%

 

[luRRka]

Swiss Ramble says 62%

Nope, it says 116%

Brighton are at 62% but we were referring to Leicester

 

[Westmorlandspur]

In the latest accounts Spurs total wage bill was up to £251.1 million from £209.1 million (2022) but so was revenue so the wage ratio around 46%, how long can other clubs keep up the high ratios , they have to increase income from somewhere or have generous owners like Brighton.

The chart by Swiss Ramble above doesn't always give a true picture, fans will say Levy is tight as we are at the bottom of the list in wage ratios. Just above use are Arsenal, similar sized football club whose total wage bill in last accounts was £225.4 billion , compared to Spurs in the accounts just released at £251.1 billion.

Ours will prob be even less in this financial year as we have shifted big earners Kane, Perisic and Lloris

 

[SirHarryHotspur]

Ours will prob be even less in this financial year as we have shifted big earners Kane, Perisic and Lloris

Yes that's right , accounts just published would have those players on the wage bill, they will be replaced by Maddison, Johnston etc but on lower wages than Kane etc.
The wage bill is for everyone at the club ,so how much are we paying Munn , Lange etc and Ange does seem to have a lot of assistant coaches , does he have more than recent managers ?

 

[cwy21]

Luxury tax won't work. Nation states won't care about tax. Only thing that changes things are sporting sanctions

The only way it could could make a positive impact is if the tax was very aggressive and all of it was distributed to clubs who are financially responsible.

And it needs to scale aggressively if you go into the tax multiple years in a row like baseball does.

 

[UncleBuck]

Saw this on the bbc, some of the figures are crazy and that’s without Chelsea’s being released yet which I’m sure everyone is really looking forward to seeing!

https://www.bbc.co.uk/sport/football/68713522

 

[Trix]

The only way it could could make a positive impact is if the tax was very aggressive and all of it was distributed to clubs who are financially responsible.

And it needs to scale aggressively if you go into the tax multiple years in a row like baseball does.

Nah it won't work at all. Let's just say a club gets a 100 million fine. Splitting that between the other 19 clubs won't make the slightest difference to those that follow the rules.

I don't want to follow any examples US sports set. They might work over the pond with a closed shop of clubs, but that's the very last thing we want to see over here.

 

[cwy21]

Nah it won't work at all. Let's just say a club gets a 100 million fine splitting that between the other 19 clubs won't make the slightest difference to those that follow the rules.

I don't want to follow any examples US sports set. They might work over the pond with a closed shop of clubs but that's the very last thing we want to see over here.

The only sports league I know of that has a luxury tax instead of a hard cap is baseball How it works in baseball is that any team that goes over the limit pays an increasing tax both as they go more over the limit and if they stay over the limit for multiple seasons. Only teams who didn't go over the limit get the money sharing. It's designed to support the smaller marker teams without the same resources.

I don't know what the proposal would be in the PL but let's say it's a percentage of revenue like the current FFP rules. If six clubs went over the limit the total money would be shared between 14 sides and not 19 if they followed what baseball does.

 

[Trix]

The only sports league I know of that has a luxury tax instead of a hard cap is baseball How it works in baseball is that any team that goes over the limit pays an increasing tax both as they go more over the limit and if they stay over the limit for multiple seasons. Only teams who didn't go over the limit get the money sharing. It's designed to support the smaller marker teams without the same resources.

I don't know what the proposal would be in the PL but let's say it's a percentage of revenue like the current FFP rules. If six clubs went over the limit the total money would be shared between 14 sides and not 19 if they followed what baseball does.

No thanks.

It gives the Uber rich like Newcastle a massive leg up, and it won't make enough of a difference to the smaller teams. There's nothing wrong with how things are now. Break the rules get a sporting sanction. Once clubs get used to it and realise it's how it is they'll get their ducks in line.

The only reasons clubs are in this mess is because they thought fuck it and they'd get away with just fines.

 

[cwy21]

No thanks.

It gives the Uber rich like Newcastle a massive leg up, and it won't make enough of a difference to the smaller teams. There's nothing wrong with how things are now. Break the rules get a sporting sanction. Once clubs get used to it and realise it's how it is they'll get their ducks in line.

The only reasons clubs are in this mess is because they thought fuck it and they'd get away with just fines.

If the sanctions continue. We've already heard reports about the PL clubs shifting the line.

 

[cwy21]

I don't want to follow any examples US sports set.

How about the one where every player starts fighting two seconds into the match? Starting a NLD derby that way sounds like fun..

 

[Trix]

If the sanctions continue. We've already heard reports about the PL clubs shifting the line.

Which clubs? The ones who are falling foul to it plus Newcastle. It doesn't benefit the majority of clubs(certainly not the real big boys) and it's purely sour grapes. I honestly think this is a small number of clubs who have fucked up already just pissing into the wind and feeding the press with their wishful thinking.

 

[allatsea]

Love this statement on Brighton's financials, anyone reckon this would work with my bank...

“For the first time since Tony made his first interest free loan to the club back in 2007 we have been able to make a substantial repayment to him reducing the loan balance from £406.5m to £373.3m."

Just for the record Brighton revenue £204.4 million , wage bill £127.5 , wage ratio 62.3%

It all hinges on them continuing to find players Chelsea will buy for ridiculous prices. Not sure that can go on for ever.

 

[sidford]

Premier League will not scrap points deductions despite criticism

Controversial spending breach penalties, as suffered by Everton and Nottingham Forest, are set to remain as clubs vote on new rules for 2025-26 season, including as salary cap proposal

www.thetimes.co.uk

FOOTBALL

Premier League will not scrap points deductions despite criticism​

Controversial spending breach penalties, as suffered by Everton and Nottingham Forest, are set to remain as clubs vote on new rules for 2025-26 season, including as salary cap proposal

Martyn Ziegler
, Chief Sports Reporter
Thursday April 04 2024, 7.15pm BST, The Times
https://www.thetimes.co.uk/article/...5?shareToken=9fde931b63b21423cf4f7078c55cc323
The Premier League is set to keep points-deduction penalties for breaches of the financial rules but is considering having a tariff that would impose only fines on clubs for lesser offences.
The new system, which would run alongside a new “squad cost rule” that limits spending, would come into force for the 2025-26 season if approved at the Premier League clubs’ summer meeting in June.
The league’s Profitability and Sustainability Rules (PSR) have been criticised by Everton and Nottingham Forest after both clubs were deducted points for going over the fiscal limit, which allows for £105 million in losses over a three-year period.
There have also been questions as to why Forest were given only a four-point deduction despite having a larger breach than Everton, who had an initial ten-point deduction reduced to six on appeal.
Unlike the Football League, the Premier League clubs had decided not to have a fixed tariff of sanctions but to leave that decision to an independent commission — which is what happened in the cases of Everton and Forest.

The Premier League is looking at a proposal for a salary-cap model, called “anchoring”, which would make the amount any team can spend on wages linked to the amount of TV money paid to the lowest-placed club. For example, if the bottom club received £100 million, the maximum any club could spend on wages and transfers would be a multiple of that — possibly 4.5 times as much.
The league is also likely to mirror Uefa’s “squad cost rule”, under which clubs are allowed to spend only a fixed percentage of revenue on wages and transfers. Uefa is working towards a 70 per cent limit but it would be 85 per cent in the Premier League.
The votes on the new rules may result in another split between clubs who want tighter spending regulations and those who favour a free market.

 

[sidford]

Very hard to see 14 clubs agreeing to scrap points deductions and going for a luxury tax instead. That would not benefit any of the clubs that would usually make up the bottom 10 (maybe forest might go for it but can't see any others). Spurs, man utd, pool and arsenal won't want it as their owners won't want to put in hundreds of millions to keep up with state owned clubs.
City, Newcastle, maybe Chelsea & Forest will be in favour but no hope of getting 14 votes for it.

 

[easley91]

I'm sorry but we can't keep changing the rules just because some can't get in line. Stick with something and adhere to that.

 

[SirHarryHotspur]

Just wonder under UEFA financial rules what the sporting measures will be or will the richer Premier League clubs be happy to pay any fines if they breach rules, we easily get under the proposed 70% but how many PL clubs breach the proposed 70% at the moment, has anyone done a wage, transfer & agent fees table, there are plenty of wage/revenue ratio tables but any with wage, transfer & agent fees.

Cost control​

For the first time, clubs are subject to a squad cost rule to apply better control over player wages and transfer costs.

The new rule limits spending on player and coach wages, transfers and agent fees to 70% of club revenue. We will roll out the new threshold progressively: 90% in the 2023/24 season and 80% in 2024/25, before applying the permanent 70% ceiling from 2025/26. Breaches will result in predefined financial penalties as well as sporting measures.

 

[Fitchspur]

So this is basically clubs throwing their toys out of the pram for receiving a punishment for breaking the rules that they agreed to follow?

 

[Westmorlandspur]

Look at the Jan transfer window to see the effect these punishments have had.