UEFA Financial Fair Play Rules (1 Viewer)

[ashbyjan]

Despite the fact that all Championship clubs agreed in principle on 10 July 2011 to sign up to the rules nothing has as yet been signed but our board, apparently on its own, is slashing and burning our costs allegedly to comply with these as yet unsigned rules.

The rules are going to be (if agreed and signed up to) Championship clubs cannot spend more than they earn in 2012-13, while clubs in Div 1 and 2 will only be able to spend 55% of their turnover on players wages.

Some teams are investing to get promotion, to get fans into the stadium, to increase their turnover and earnings whilst we are taking the negative approach (or should I say cheapest) simply cutting slashing and burning. I am also guessing that we are budgeting for relegation where SISU can legitimately slash the wage bill even further and claim its not their fault. To hell with the fact that our once proud club will be languishing in the third tier of football but our expenses will be so much more palatable for our (mis)managers and their board of puppets.

We need these muppets out and out before the damage they do is irrepairable - Hoffman may be a bit of an unknown quantity but he has to be better than this shower who's dark and depressing intentions are starting to become clear.

 

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[Monkeyface]

How long before you get a "you know fuck all about football/finance" with this post.

Personally I think the, possible, new rules are just a convenient excuse.

 

[Godiva]

Despite the fact that all Championship clubs agreed in principle on 10 July 2011 to sign up to the rules nothing has as yet been signed but our board, apparently on its own, is slashing and burning our costs allegedly to comply with these as yet unsigned rules.

The rules are going to be (if agreed and signed up to) Championship clubs cannot spend more than they earn in 2012-13, while clubs in Div 1 and 2 will only be able to spend 55% of their turnover on players wages.

Some teams are investing to get promotion, to get fans into the stadium, to increase their turnover and earnings whilst we are taking the negative approach (or should I say cheapest) simply cutting slashing and burning. I am also guessing that we are budgeting for relegation where SISU can legitimately slash the wage bill even further and claim its not their fault. To hell with the fact that our once proud club will be languishing in the third tier of football but our expenses will be so much more palatable for our (mis)managers and their board of puppets.

We need these muppets out and out before the damage they do is irrepairable - Hoffman may be a bit of an unknown quantity but he has to be better than this shower who's dark and depressing intentions are starting to become clear.

Well, if we spend millions on new players this season, that spending will be depreciated over the next three seasons (or the length of their contracts) making break-even much harder to achieve.

 

[coundonskyblue]

Well, if we spend millions on new players this season, that spending will be depreciated over the next three seasons (or the length of their contracts) making break-even much harder to achieve.

But if we go down this season it will make break even much harder to achieve.

 

[shmmeee]

But if we go down this season it will make break even much harder to achieve.

Depends really, I mean for argument's sake: Would we bring more fans in if we were top of L1 than bottom of the Championship? Player wages would certainly be lower. Nothing is certain really.

I wouldn't even say this season is a massive departure from the last 2 in terms of financial approach, we often sell first before buying and often wait it out (arguably for too long, but the season is only 1 game old).

 

[Godiva]

But if we go down this season it will make break even much harder to achieve.

Very true.

 

[Paxman II]

How football has been operating in this country in particular since Sky TV was always going to prove unsustainable.
The debt that clubs hold are far in excess of their ability to pay.

Football will change and it's been coming for a while.

The new rules for Europe in 2013/14 will if implemented shake the very foundation of football in our country.

 

[ashbyjan]

No one is asking for us to spend millions - when in the past ten years have we ever spent millions? Eastwood was around a million and that's it.

All we ask is that the board stops bull-shitting about budgets being the same as last year, being the same as Norwich's and other such crap - break the habit of a lifetime and tell the truth. Just admit that the budget has been slashed because that's the way SISU want it and AT is going to have to do the best with the few contracted players he has. We may get some scraps on free loans that no other team wants as we will not contribute to their wages so don't expect any quality. We are budgeting for relegation and crowds of below 10,000 as we don't care about what goes on on the pitch just the p & L and the balance sheet. It won't be palatable but what is happening is driving fans away anyway so why not try the truth.

 

[Bennets Afro]

Any more cuts and the new look million member board will have a higher wage bill then the players

 

[shmmeee]

How football has been operating in this country in particular since Sky TV was always going to prove unsustainable.
The debt that clubs hold are far in excess of their ability to pay.

Football will change and it's been coming for a while.

The new rules for Europe in 2013/14 will if implemented shake the very foundation of football in our country.

You have a lot more faith in the inability of well paid accountants to find loopholes than I do. Much like the tax system I expect the rich clubs to be able to swindle their way out of it while the "working man" (lower league clubs) have to play by the rules.

 

[shmmeee]

No one is asking for us to spend millions - when in the past ten years have we ever spent millions? Eastwood was around a million and that's it.

All we ask is that the board stops bull-shitting about budgets being the same as last year, being the same as Norwich's and other such crap - break the habit of a lifetime and tell the truth. Just admit that the budget has been slashed because that's the way SISU want it and AT is going to have to do the best with the few contracted players he has. We may get some scraps on free loans that no other team wants as we will not contribute to their wages so don't expect any quality. We are budgeting for relegation and crowds of below 10,000 as we don't care about what goes on on the pitch just the p & L and the balance sheet. It won't be palatable but what is happening is driving fans away anyway so why not try the truth.

With all due respect, what evidence have you that what has been said isn't the truth?

Look, it may be that we don't sign anyone, but I remember threads like this every single season for the past 4-5 years. A big player goes, fans are up in arms that we haven't replaced them, then we make a signing at the last minute or a loan and we end up roughly where we started. This squad isn't that much worse than the one Dowie, Adams, Reid, or McAllister had.

This exact situation happened with Dann/Fox (replaced by Cranie/Hussey) McSheffrey (replaced by Kyle/McKenzie). Even the Eastwood deal took about 7 months to complete, King and Morrison took forever to sign their contracts. This is par for the course for a club on a tight budget, you have to go all the way to wage negotiations before deals fall through.

I'm just saying, let's wait until we actually haven't signed anyone before going off on one.

Also, with ST sales of 9.5k it's virtually impossible for us to have crowds of under 10k.

 

[ashbyjan]

So UEFA is really going to ban Barcelona, Real Madrid, Inter Milan, Chelsea etc from the Champions League? They won't even touch the likes of Man City - already finding ways to increase revenue with the new world record stadium sponsorship deal from a middle eastern based airline that obviously has absolutely no never ever even heard of them to do with the clubs billionaire middle eastern owners. Its not going to happen - the rich will just get richer whilst some club owner will use the rules to slash costs at whatever cost on the pitch.

 

[ashbyjan]

So the budget is the same? Therefore the contracts of Murphy and Dunn and the new contracts for the kids and (inexplicably) Bell and McPake are of equal value to those of Carsley, King, Gunnarsson, Doyle, Westwood and the kids we have released? All I can say Murphy must have one hell of an agent.

 

[@richh87]

You're spot on with your comments Ashby. The main ways to increase turnover are to own the stadium and increase attendances. SISU won't be buying the Ricoh. The council won't let them for starters as they know they don't have CCFC's interests at heart.

SISU just bullshit their way through everything. Clouting flat out refused to answer several questions at the forum.

The only way to break even under SISU is for wages to be at League 1/2 figures - I think we can all agree on that. And guess what people - League 1/2 wages = worse players who'll get us relegated.