Financial Fair Play - What's Fair about it ?? 18:18 - Jul 1 with 1621 views | numptydumpty | Whilst I totally understand the role of FFP. What is the difference between financial fair play as it stands in the football league ie Championship and below and the Premier League rules. The top six can throw millions around, eight year contracts at Chelsea are commonplace. And there is never any comeback. What are the rules of FFP in the premier league. Am aware its maximum £39 million loss over last three seasons, consistently rolling on, for ourselves. But FFP seems very unfair financial play between the haves and the have not !!! Can anyone further clarify ?? [Post edited 1 Jul 2023 18:19]
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Financial Fair Play - What's Fair about it ?? on 19:38 - Jul 1 with 1523 views | E15Hoop | In a word - no! | | | |
Financial Fair Play - What's Fair about it ?? on 19:50 - Jul 1 with 1496 views | SimonD | The rules are very similar. However, Premier League teams are allowed to lose £105 million over the three-year rolling period (£35m per season). What people underestimate is the revenue of some of these teams. Broadcasting rights, massive sponsorship and European tournament revenue, especially from the Champions League. A club like Chelsea also get a lot of revenue from selling players and do regularly report a profit. The 8 year contracts are just a way of spreading the purchase cost of players over a longer time period although this is being clamped down on and limited to 5 years. UEFA have much stricter regulations and clubs can only lose 15 million over a rolling three-year period before being sanctioned. To my mind, Manchester City cheat the system as they bury costs within their City Group which includes clubs outside of the reach of FFP. By way of an example, as I understand it, Frank Lampard was bought by their New York club and loaned to Manchester City for a very favourable fee. | | | |
Financial Fair Play - What's Fair about it ?? on 09:16 - Jul 2 with 1270 views | slmrstid | On a simplistic level you can argue its a law of unintended consequences. Pre-FFP there were no end of Football League clubs going into admin, at least one or two a year. The rules are there to stop clubs overspending and going out of business. Instead all thats happened is clubs still overspend but find ever more creative ways to get around it, and still risk going out of business anyway. | | | |
Financial Fair Play - What's Fair about it ?? on 11:05 - Jul 2 with 1173 views | numptydumpty |
Financial Fair Play - What's Fair about it ?? on 19:50 - Jul 1 by SimonD | The rules are very similar. However, Premier League teams are allowed to lose £105 million over the three-year rolling period (£35m per season). What people underestimate is the revenue of some of these teams. Broadcasting rights, massive sponsorship and European tournament revenue, especially from the Champions League. A club like Chelsea also get a lot of revenue from selling players and do regularly report a profit. The 8 year contracts are just a way of spreading the purchase cost of players over a longer time period although this is being clamped down on and limited to 5 years. UEFA have much stricter regulations and clubs can only lose 15 million over a rolling three-year period before being sanctioned. To my mind, Manchester City cheat the system as they bury costs within their City Group which includes clubs outside of the reach of FFP. By way of an example, as I understand it, Frank Lampard was bought by their New York club and loaned to Manchester City for a very favourable fee. |
Thanks for this. That's very helpful. It's always the way. A highly paid lawyer has opportunities to get a serial killer off on a technicality and a decent accountant can see all the loopholes possible. And yes get your point over the revenue from broadcasters and spreading the cost of a purchase. The point you raise about 15 million with UEFA over 3 years maximum. So which national leagues does that apply to exactly. Surely La Liga, Serie A, Bundesliga and Ligue One, they have their own national rules otherwise Barcelona, Real Madrid, Bayern Munich, PSG and Juventus would not operate at levels they do also. Money goes to money as they say !!! [Post edited 2 Jul 2023 11:07]
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Financial Fair Play - What's Fair about it ?? on 11:11 - Jul 2 with 1162 views | numptydumpty | Years ago, monopolies were subject to monopolies commission, now Amazon, Google, Facebook, Microsoft, can thrive and in this country, Man Utd, Chelsea, Man City and the like go without reprimand for domination without any real regulations. It's all very fishy !!! FFP is in now ways fair ! | |
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Financial Fair Play - What's Fair about it ?? on 11:21 - Jul 2 with 1138 views | Sonofpugwash | I can't for the life of me think of a business other than in football where you can be fined for making a loss. | |
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Financial Fair Play - What's Fair about it ?? on 13:37 - Jul 2 with 1043 views | SimonD |
Financial Fair Play - What's Fair about it ?? on 11:05 - Jul 2 by numptydumpty | Thanks for this. That's very helpful. It's always the way. A highly paid lawyer has opportunities to get a serial killer off on a technicality and a decent accountant can see all the loopholes possible. And yes get your point over the revenue from broadcasters and spreading the cost of a purchase. The point you raise about 15 million with UEFA over 3 years maximum. So which national leagues does that apply to exactly. Surely La Liga, Serie A, Bundesliga and Ligue One, they have their own national rules otherwise Barcelona, Real Madrid, Bayern Munich, PSG and Juventus would not operate at levels they do also. Money goes to money as they say !!! [Post edited 2 Jul 2023 11:07]
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The UEFA 15 million limit is to play in their tournaments, so Champions League etc. If you remember, Man City were only permitted a 21-man Champions League squad for 2014-15 season. I'm not aware of the size of their breach., but they were within the Premier League's limits. | | | |
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