Generic clubs in financial crisis Thread

[Sutekh]

1. If Mr Tan ever loses interest in Cardiff or has to call in the monies he's owed they're going to be finished
2. And where does that put them with regard to FFP each year....

[Winston Smith]

There was supposed to be an announcement today whether Hull City and Liverpool were in breach of FFP. Any news yet?

The announcement is tomorrow, but various media sources already confirmed earlier today that the investigation found that Liverpool did not breach FFP so will face no fine or sanctions.

Hull expected to be found guilty and given a fine of around €200,000

[Sutekh]

Wow! That really is serious FFP sure means business in the PL....

[TFF]

I don't really understand all the shenanigans at Birmingham but the brummie here at work is quite distressed about this

http://www.birminghammail.co.uk/sport/f ... es-8731871

reckons there might be a points deduction on the horizon

[YateleyRoyal]

Wow! That really is serious FFP sure means business in the PL....

The same as Turkey and other countries, nothing to do with the PL

[TFF]

Shenanigans at QPR?

http://www.financialfairplay.co.uk/late ... -they-seem

[Who Moved The Goalposts?]

Shenanigans at QPR?

http://www.financialfairplay.co.uk/late ... -they-seem

What a shock!

The combination of expensive accountants and expensive lawyers - and lack of cash at the FL to fight the fight - will see QPR okay. The way they have handled their running of the club is nothing short of disgraceful. Makes our Abramovic wannabe look rank amateur by comparison, and at least we are trying to rectify our position within the rules which we all agreed rather than refuse to play ball through a belligerent, bullying attitude.

And as for Scudamore saying that the PL will not assist in collecting fines on behalf of the FL because it may "damage the integrity of the competition" is laughable beyond belief. A competition that only 5 teams of of 20 have any realistic chance of winning? A competition that promoted clubs not only struggle to stay in, but suffer financial difficulties as a result of simply trying to avoid being the whipping boys? Yeah, that's the very definition of competition right there.

[Sutekh]

You forgot to add "a competition that encourages all this mess as much as possible by giving relegated clubs parachute payments".

[Who Moved The Goalposts?]

You forgot to add "a competition that encourages all this mess as much as possible by giving relegated clubs parachute payments".

All part of the PL's covert plan to effectively end relegation from and promotion to the PL. IIRC, that was first mooted by one Phil Gartside, chairman of the of the £160m+ in debt club Bolton Wanderers when they were still there. He could see the writing on the wall for his club even back then and tried to protect his position by proposing a closed-shop that basically said f*ck off to the rest of football outside the PL. For some reason, he seems less keen to promote this now.

[Vision]

You forgot to add "a competition that encourages all this mess as much as possible by giving relegated clubs parachute payments".

All part of the PL's covert plan to effectively end relegation from and promotion to the PL. IIRC, that was first mooted by one Phil Gartside, chairman of the of the £160m+ in debt club Bolton Wanderers when they were still there. He could see the writing on the wall for his club even back then and tried to protect his position by proposing a closed-shop that basically said f*ck off to the rest of football outside the PL. For some reason, he seems less keen to promote this now.

Wasn't he putting forward the whole Premier League 1 and 2 idea? I'm not sure that there wasn't at least some merit in that idea given that's effectively what the Premiership has become anyway only with higher stakes for those without the clout of the big guns. I certainly don't think it would have made things any worse than they are now.

[Who Moved The Goalposts?]

Wasn't he putting forward the whole Premier League 1 and 2 idea? I'm not sure that there wasn't at least some merit in that idea given that's effectively what the Premiership has become anyway only with higher stakes for those without the clout of the big guns. I certainly don't think it would have made things any worse than they are now.

Not 100% sure of that, Vision, but he certainly advocated no relegation or promotion, thereby killing football beneath that structure. That would have made things considerably worse for those clubs outside the clique.

[Sutekh]

Actually the idea of PL 1 and PL 2 might not be such a bad idea. Two divisions of 18 clubs.

There should be 3 up and down between PL1 and PL2 and 4 relegation places out of PL2 into the FL.

Parachute payments should be entirely scrapped.

[Ian Royal]

I'd rather we scrapped the PL and had it all back under the domain of the FL.

[Who Moved The Goalposts?]

I'd rather we scrapped the PL and had it all back under the domain of the FL.

Me too Ian, but in the real world that ain't gonna happen. I hate what has happened to football.

[TFF]

Shenanigans at QPR?

http://www.financialfairplay.co.uk/late ... -they-seem

What a shock!

The combination of expensive accountants and expensive lawyers - and lack of cash at the FL to fight the fight - will see QPR okay. The way they have handled their running of the club is nothing short of disgraceful. Makes our Abramovic wannabe look rank amateur by comparison, and at least we are trying to rectify our position within the rules which we all agreed rather than refuse to play ball through a belligerent, bullying attitude.

And as for Scudamore saying that the PL will not assist in collecting fines on behalf of the FL because it may "damage the integrity of the competition" is laughable beyond belief. A competition that only 5 teams of of 20 have any realistic chance of winning? A competition that promoted clubs not only struggle to stay in, but suffer financial difficulties as a result of simply trying to avoid being the whipping boys? Yeah, that's the very definition of competition right there.

http://www.dailymail.co.uk/sport/footba ... rules.html

QPR could be fined more than £50m for breaching Financial Fair Play rules as club's real losses are revealed to be almost £70m

QPR announced a loss of £9.8million up to May 2014 earlier this month
Their 'real' loss was almost £70m after £60m of loans were written off
The London club could face a Football League fine of more than £50m
They will not be allowed to play in the Championship if they do not pay
But QPR cannot be forced to pay while they are in the Premier League

[Mr Angry]

So in this case, the PL is acting like Brazil, as a haven for criminals with no extradition treaty with the UK.

QPR is Ronnie Biggs!

[Royal Rother]

Although I find plenty to comment when I do watch it, I find myself watching fewer and fewer games in the PL and Championship every year.

There's just so little to admire about it.

I have nothing historically against QPR as a club, or their supporters, but oddly, the one thing in the professional game that would give me more pleasure than anything else this decade (bar Reading's promotions and FA Cup win of course) would be QPR getting kicked out of the Football League. It's the arrogance of the current ownership over FFP that really gets my fcuking goat. Cheating bastards who think they can defy the rules.

2 wishes - relegation then expulsion.

Worth going to church for, that.

[Sutekh]

Not going to happen, if the FL threatened to not accept QPR into the Championship then the PL would throw a hissy fit and not accept teams from the FL.

After all can't have teams being expelled effectively on the watch of the PL just because they are stupid enough to over spend well beyond their means chasing the stupidity that is the PL. That might reflect badly on the integrity of the competition.

Of course a season after exiting the PL the PL wouldn't give a tuppenny one about QPR unless they immediately returned.

[tmesis]

You forgot to add "a competition that encourages all this mess as much as possible by giving relegated clubs parachute payments".

All part of the PL's covert plan to effectively end relegation from and promotion to the PL.

If the premier league wanted to end relegation (and there's absolutely nothing to suggest they do - how would the league benefit exactly?) that would be the crappiest way of doing it.

If they wanted a closed league they'd want the country's biggest clubs in it, and parachute payments do nothing at all to achieve that.



If it wasn't for parachute payments, virtually every club that went down would be in administration if they didn't bounce straight back.

And no, it doesn't give relegated clubs massive advantage, as clubs that come down usually have squads paid far more than they are worth.

To illustrate, I'll take the example of Adam Le Fondre. We signed him from Rotherham. Let's say for argument's sake he was on £2000 a week at Rotherham.

We signed him and probably paid about £7000 a week or so (the exact figures aren't import).

We then got promoted and upped his pay to £20000 a week.

We then went back down, but rather than dropping back to £7000 a week, he'd have taken a smaller cut, down to about £15000 a week.

In short, clubs that go down have squads paid about twice their true worth, compared to similar talent in the championship.

Clubs need to be able to restructure contracts so higher sums are only paid in the premier league, and overpaid "stars" can be released if clubs go down. If that was the case then clubs wouldn't need parachute payments.

[Ian Royal]

Not going to happen, if the FL threatened to not accept QPR into the Championship then the PL would throw a hissy fit and not accept teams from the FL.

After all can't have teams being expelled effectively on the watch of the PL just because they are stupid enough to over spend well beyond their means chasing the stupidity that is the PL. That might reflect badly on the integrity of the competition.

Of course a season after exiting the PL the PL wouldn't give a tuppenny one about QPR unless they immediately returned.

At which point the FA can revoke their membership and it's bye bye UEFA Champions League. None of that'll happen though. QPR will string it out but ultimately cough up.