The importance of the next window and Uefa financial rules

[hotshot86]

With the impeding Uefa Financial Fair Play Rule and the goal of this being to eliminate excessive spending which is doing irreparable harm to the future financial health of clubs; teams will need to start being self sufficient during the 2012/13 season.
Article 58 of the rules, “Break even requirement,” lists the regulations that clubs must adhere to, and as it says clubs expenditure must break even with income.
Although on the surface it looks a good idea but is it really? Does it not give the bigger clubs chance to spend big NOW and make the difference between the top teams and smaller teams so big that after the rule comes into play it will merely make no difference? Yes it might stop the money men from abroad coming over and doing a Chelsea and Man City; but is it not too late?
Yesterday saw Chelsea and Liverpool overspend on players. Is Andy Carroll worth £35 million?? No, but the fact that after next season you can’t overspend means clubs now only have 2 windows to buy players and make sure their club has the players to maintain their status for the future. So what will we see in the next window? More BIG spending by the top clubs so when the rule is introduced they are well equipped. They won’t be able to spend it after next season; so they have to spend it now. Man City have averaged over £50million in each window since the new owners have come but that will HAVE to stop; So instead maybe they will have to spend £200million in two windows and then when the rules are introduced, buy players more sparingly, replacing the odd player here and there within their means. Does that not explain the inflated fees paid for players in this window.
So what does this mean for spurs? Yes we have missed an opportunity. Being in the champions league gave us scope to attract the top players that might not come if we fail to reach it again. But that’s gone and next time round we HAVE to spend big. We HAVE to bring in quality. We HAVE to keep Bale and Modric even if we are offered huge money. Otherwise we will fall behind.
I look at the squad and see Dawson; Bale; Thudd; Modric; VDV; Lennon as our main players and we have some other good players but we still need 4 or 5 top players (2 top strikers, top dm, top cb; top gk). Please Mr Levy look for reasons why teams are spending now and follow suit. We haven’t spent big in recent windows there must be money there. There needs to be money there and we can’t afford to sell our star players.
Again I will say that I think we have missed a big opportunity to get some quality players. But in my opinion the stadium, whether Stratford or not, will not define our future the next transfer window will.
Mr Levy, look at what you expect to spend over the next 5 years without the rule and spend it now before the rule is introduced. Maybe it will be £100+ million. Our motto is “To Dare is To Do” and this could be the biggest dare of all. But it will need to be made.

 

[MattyP]

Just checked the Uefa Financial Far Play rules and the first monitoring period is up to the season ending in 2012, so transfers for the next two transfer windows will count.

So, we've already missed the boat.

 

[yid1o]

Just checked the Uefa Financial Far Play rules and the first monitoring period is up to the season ending in 2012, so transfers for the next two transfer windows will count.

So, we've already missed the boat.

The chavs announced a loss of £71m for last year and then spend £50m on Torres, is this the last of their big money buys?

 

[hotshot86]

From the 2013-14 season, the licence stipulations will include adherence to the FFPR. Until the 2013-14 season, there are no sanctions for breaching the FFPR

 

[MattyP]

The chavs announced a loss of £71m for last year and then spend £50m on Torres, is this the last of their big money buys?

Probably not. Pretty sure Abramovich's and the Abu Dhabi lot in charge of Citeh have bigger pockets than Uefa and will find a way to overcome the rules.

They'd probably get support from a fair number of other teams as well. For a start Inter Milan will struggle to meet the new rules.

Can't imagine Uefa will have the balls to say to someone like Inter, Barca, Real et al that they cannot compete.

If they do, expect a breakaway league to be put back on the agenda, forcing Uefa to back down or risk losing all of the important teams.

 

[phil]

Surely this is dependent on aligning accounting rules. Clubs generally do not take the transfer fee hit in one year. In the accounts the fee is generally amortized over the duration of the contract. As a public company, this is a requirement. For a closed company (e.g. Chelsea, City) there is more latitude in the accounting rules.

I think that people are being niaive if they believe that the rules will create a level playing field. Expect revenue for Chelsea or City to be boosted by some crooked sponsor deal or wages to be paid by some off-shore company.

 

[Maske2g]

Probably not. Pretty sure Abramovich's and the Abu Dhabi lot in charge of Citeh have bigger pockets than Uefa and will find a way to overcome the rules.

They'd probably get support from a fair number of other teams as well. For a start Inter Milan will struggle to meet the new rules.

Can't imagine Uefa will have the balls to say to someone like Inter, Barca, Real et al that they cannot compete.

If they do, expect a breakaway league to be put back on the agenda, forcing Uefa to back down or risk losing all of the important teams.

No, but they can dock points. Something like docking 1 point for every 5 million overspent could decide title races.

As its only 5-6 teams that can continually overspend, they are welcome to their rich mans breakaway league. Didn't do the Qatar league much good.

 

[Maske2g]

Does it not give the bigger clubs chance to spend big NOW and make the difference between the top teams and smaller teams so big that after the rule comes into play it will merely make no difference? Yes it might stop the money men from abroad coming over and doing a Chelsea and Man City; but is it not too late?

Only in the short term. Long term it makes no difference at all. They will have to trim wage bills and those big players won't be around forever.

So what does this mean for spurs? Yes we have missed an opportunity. Being in the champions league gave us scope to attract the top players that might not come if we fail to reach it again. But that’s gone and next time round we HAVE to spend big. We HAVE to bring in quality. We HAVE to keep Bale and Modric even if we are offered huge money. Otherwise we will fall behind.

As above, it's short term solutions, as once we move ground, that expense means we will be able to buy diddly squat. Until we have the revenue of a 60k seat stadium, we will never be consistently top 4.

I look at the squad and see Dawson; Bale; Thudd; Modric; VDV; Lennon as our main players and we have some other good players but we still need 4 or 5 top players (2 top strikers, top dm, top cb; top gk).

Not much thought there. You say 5 of our 6 main players are midfielders, yet you think we need another one. We have 6 centre halves. You can't have cover, for your cover's cover's cover......why would they join to be 4th, 5th, 6th choice?

Please Mr Levy look for reasons why teams are spending now and follow suit. We haven’t spent big in recent windows there must be money there. There needs to be money there and we can’t afford to sell our star players. Again I will say that I think we have missed a big opportunity to get some quality players. But in my opinion the stadium, whether Stratford or not, will not define our future the next transfer window will.
Mr Levy, look at what you expect to spend over the next 5 years without the rule and spend it now before the rule is introduced. Maybe it will be £100+ million. Our motto is “To Dare is To Do” and this could be the biggest dare of all. But it will need to be made.

I personally think we were absolutly right to shun, bidding 35 million on unproven talent, or giving a player 140k a week and then having to give wage rises to 5 other players. We had limited options and the other clubs didn't want to sell. Buying in desperation is just not worth it for 1 footballer no matter who they are. Signing 2 players now, would not have defined our long term future. Not even Messi and Ronaldo can guarantee success.