sheffsteel Posted January 20, 2019 Share Posted January 20, 2019 (edited) 55 minutes ago, SupremeOwl said: What I don't get is the fact that the EFL ratifies club takeover deals, giving a club license to fresh investment, then punishes these clubs and owners when the investment becomes too much. The whole point of FFP is to stop clubs over spending leading to massive debt, then going into admin. The EFL would say it’s been a success because admin is rare these days. i suppose it might be different if an owner was willing to invest with the proviso that any debts are written off at certain periods but I don’t believe an investor would gift 50 million or 100 million to a club and if they failed to be promoted then they;even lost that investment. Edited January 20, 2019 by sheffsteel Link to comment Share on other sites More sharing options...
camffiti Posted January 20, 2019 Share Posted January 20, 2019 FFP / P&S, EPPP and parachute payments are all steps towards non promotion & relegation, to the offshore Prem 1 Link to comment Share on other sites More sharing options...
Carlton Palmreader Posted January 20, 2019 Share Posted January 20, 2019 5 hours ago, Redfern Froggatt said: 5 hours ago, Utah Owl said: Let me guess, you're an English teacher aren't you? not a very good one given how he spells break! Whoosh! 1 Link to comment Share on other sites More sharing options...
kingsidney Posted January 20, 2019 Share Posted January 20, 2019 Surely at some stage someone will challenge p&s in the courts, we are in a position now where our most viable option is to sell off our prized assets at below market value to comply with the arbitrary loss levels, which actually makes sustainability worse. Link to comment Share on other sites More sharing options...
Harrysgame Posted January 20, 2019 Share Posted January 20, 2019 Said it before, the whole p and s is a farce. The EFL are going to kill their own league, as at some point clubs in the championship will just get sick of not spending what they want ie rich owners. This will cause a PL2 and the EFL will have the smaller clubs. Football is competitive and a business how can you impose artificial caps on spend just because it is not fair, the Championship is not a socialist utopia where all are equal, we have big clubs, small clubs and parachute payments. So just let us get on with it, if a club goes in to admin so what, just impose immediate relegation to lowest division. Link to comment Share on other sites More sharing options...
Stoop Posted January 20, 2019 Share Posted January 20, 2019 I don’t agree with the OP Success in this league is 90% down to a good manager and 10% down to money Proof is there when you look at Huddersfield, Cardiff, United, and even when you compare Ipswich town from last season under MM to this years disaster Unfortunately It has taken DC 4 years and tens of millions of pounds before he’s cottoned on. Better late than never though Link to comment Share on other sites More sharing options...
MysticOwl Posted January 20, 2019 Author Share Posted January 20, 2019 (edited) 59 minutes ago, Stoop said: I don’t agree with the OP Success in this league is 90% down to a good manager and 10% down to money Proof is there when you look at Huddersfield, Cardiff, United, and even when you compare Ipswich town from last season under MM to this years disaster Unfortunately It has taken DC 4 years and tens of millions of pounds before he’s cottoned on. Better late than never though 10 hours ago, Ian said: The problem with the OP analysis is that the evidence proves it not to be the case i don't think the 3 clubs relegated with parachute payments have ever all gone back up Very rarely do even 2 of them and on more than one occasion they've gone straight through into league 1 You are looking through the eyes of the past...... When P&S kicks in and this 3 year rolling period catches up for all clubs.....they will need to balance the books and not invest. Then....when the PL's parachute payments rise over the next few years it will create a divide. The PL money is only going to grow and it may even be picked up by Netflix or Amazon Prime. So clubs coming down will have a huge advantage. Edited January 20, 2019 by MysticOwl Link to comment Share on other sites More sharing options...
Ian Posted January 20, 2019 Share Posted January 20, 2019 2 hours ago, MysticOwl said: You are looking through the eyes of the past...... When P&S kicks in and this 3 year rolling period catches up for all clubs.....they will need to balance the books and not invest. Then....when the PL's parachute payments rise over the next few years it will create a divide. The PL money is only going to grow and it may even be picked up by Netflix or Amazon Prime. So clubs coming down will have a huge advantage. The financial advantage for the clubs coming down has been going on and increasing for years, The evidence suggests that the OP analysis is wrong, I stand by that. Link to comment Share on other sites More sharing options...
Triple O Posted January 20, 2019 Share Posted January 20, 2019 12 hours ago, sheffsteel said: The whole point of FFP is to stop clubs over spending leading to massive debt, then going into admin. The EFL would say it’s been a success because admin is rare these days. i suppose it might be different if an owner was willing to invest with the proviso that any debts are written off at certain periods but I don’t believe an investor would gift 50 million or 100 million to a club and if they failed to be promoted then they;even lost that investment. Owners already have to "write off" the vast amount of the 39 Million they are allowed to lose under P & S. They cannot "loan" the money to the club so it becomes a gift. Link to comment Share on other sites More sharing options...
Pompeyowl Posted January 20, 2019 Share Posted January 20, 2019 Stopped reading when you said P&S. What the fizz is P&S? Link to comment Share on other sites More sharing options...
adelphi1867 Posted January 20, 2019 Share Posted January 20, 2019 The FFP rules are the same for every club, the parachute payment s should brought into the equation, and I think this is to the benefit of EVERY club. It will bring sanity to the running of ALL clubs. Link to comment Share on other sites More sharing options...
S36 OWL Posted January 20, 2019 Share Posted January 20, 2019 18 hours ago, Ian said: The problem with the OP analysis is that the evidence proves it not to be the case i don't think the 3 clubs relegated with parachute payments have ever all gone back up Very rarely do even 2 of them and on more than one occasion they've gone straight through into league 1 Its not going back up that is the problem , its the millions these clubs are given when relegated that has inflated championship wages to an unsustainable level . Thats `s where the real issue lies. Their premiership failure payments has totally screwed the championship . 1 Link to comment Share on other sites More sharing options...
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