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We're going to struggle to keep hold of Westwood & Hooper


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Huddersfield prepared to break the bank for Westwood, can we do that?

 

also just seen this on Hooper, which would be a massive shame if we have stuck by him through this 15 month lay-off

 

HOOPER IN DEMAND

Sky sources: Sheffield Wednesday striker Gary Hooper is the subject of interest from three unnamed English clubs as well as New York City FC and DC United from the MLS and Turkish clubs Trabzonspor and Bursaspor.

Hooper is out of contract at Hillsborough in the summer and has not yet been offered a new deal.

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Westwood is an absolutely must to keep and I think SB knows that.

As regards Hooper, injury prone striker that needs to prove his fitness for me but don't think he'd be a great loss.

Hooper is out of contract at Hillsborough in the summer and has not yet been offered a new deal.

So maybe something in that statement.

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Guest Kagoshimaowl
3 minutes ago, S36 OWL said:

 

Would explain why no new contracts have been handed out. 

Really? I thought a soft embargo was just in signing new players not renewing existing ones.

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11 minutes ago, Semedo's ferret said:

Sounds like we're probably already in a soft embargo. So can't sign anyone up. 

 

As far as I'm aware if we're under a soft embargo then we can resign players who's contracts expire as long as we don't pay them more than their current contract.

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15 minutes ago, bradowl said:

 

Nuhui re-signed last summer so we must be able to sign our own players.

 see below:

The maximum loss limit is now £13m per Championship season

Losses are assessed over three seasons (rather than just over the single, previous season).

The assessment of each club’s finances is a combination of a historic assessment (looking at figures for the two previous completed season) and an assessment over the season currently taking place.

Clubs are permitted to exclude some expenditure (Youth development spend, Charitable Community spend, and Women’s Football spend). For a Championship cub this rarely exceeds £500k per season (and is usually less).

Clubs relegated from the Premier League are allowed to make losses of up to £35m in respect of any season spent in the top flight – this should allow clubs to better manage the transition.

What happens if clubs bust their ceiling for losses?

Any punishment for breach of the rules will be determined by an independent panel (the ‘Fair Play Panel’).

But what are the potential punishments?

Previously the Football League has only been able to either fine promoted clubs (a fine the Premier League didn’t help them collect), or impose a transfer embargo for historic overspending (which always like a stable-door/horse scenario).

With this change, a wide range of punishments are now available.

Nothing is off the table; the Football League are now able to impose a points deduction during the current season, or demote a club from an automatic promotion position into the play-offs (or out of the play-offs altogether.

What are the sanctions?

For clubs that are promoted to the Premier League – and therefore not technically under Football League season, they face a fine of a percentage of the money earned from entering the top-flight, a situation Bournemouth are currently facing.

What are the main costs for a club?

The biggest single cost is player wages.

Wages count towards the FFP losses figure although promotion bonuses are exempt so getting a player to agree such a deal may be useful in recording terms.

Many clubs that loan players out ask for a large proportion of their wages to be paid and bringing in an in-demand starlet from a big club carries a cost, especially if other clubs are also interested and their is some haggling.

Clubs may ask for a loan fee too and those costs are counted in FFP too.

Transfer fees are also counted, although they are broken down and spread - “amortised” - over the life of a contract and so can be structured shrewdly to minimise their FFP impact.

For example, a player who cost £50m on a five year contract needs to be amortised at the rate of £10m a year.

At the end of a player's contract, their 'book value' will therefore be zero.

The amount amortised each year needs to be counted as a 'cost' in the club's FFP calculations.

Edited by ElsecarOwl
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We can't fend off competition from parachute big hitters. It would be foolish to do so. Westwood will just go to the highest bidder.

 

 

Much as he is a brilliant keeper, I'm resigned to losing him.

 

I'd also love to see Hooper stay but if he can get a 2 or three year high wage deal in America,  he's probably gone.

 

That leaves Keiran Lee. Gotta keep that lad. Give him a year contract with option. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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