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1 hour ago, Hedwig said:

You could look to introduce 3 things to assist in curtailing unnecessary spending (**not sure if these fall within the rules for the FFP threshold though)..

 

1. Introduce a Player Salary Cap

2. Transfer Cap **

3. Get rid of excessive agents fees **

 

There has to be some sort of control on spending or what we are seeing now with us, Derby, Villa etc will become the norm as teams chase the golden goose of the EPL.

 

The salary cap is constantly being cheated in Rugby League, the number of players wives earning a fortune for working a couple of hours in the club shop. 

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Maybe we are innocent.

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10 minutes ago, yeadonowl said:

Gary Neville just hit the nail on the head 

 

FFP needs tweaking so that the test is based on owners affordability. If an owner has 1 trillion pounds why can’t he spend 1 billion as they can afford it. The issue is if the owner has 500k and spends a million that is the issue 

 

He speaks as an owner and he wants owner guarantees brought in to cover losses

Didn’t the Wigan owner prove significant funding a few days before they entered admin? 

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11 minutes ago, mkowl said:

 

The process with EFL is a bit more complicated in terms of when they see draft figures, final figures, interim for the next year, different deadlines. 

 

So the actual signed off figures should not be radically different to what they have previously seen.

 

Still think that is the issue. That the sale of the stadium transaction was agreed by the EFL but that we then back tracked it into figures for 2018 when there has been no previous reference to it in previous provisional figures 

I think you’re probably right on that Kev. i guess it then comes down to whether the previous forward reporting can be squared with a late  change of ‘accounting strategy’

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15 minutes ago, vulva said:

How the hell would they calculate that? How do you value someone’s net worth. It’s virtually impossible at that level and changes daily. 

Fairly easy I’d imagine

 

Start of season legal contract is drawn up so that owner underwrites proposed budgeted losses. 
 

The punishment can then be based if the club then exceeds these budgeted losses

 

Gives owner the right to invest as they see fit like they can in any other business

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Put the seasons forecasted loss into Escrow at the start of the season. 

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1 minute ago, Grandad said:

Put the seasons forecasted loss into Escrow at the start of the season. 

Yes that could work...£2B in the account...of we go 😎

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Just now, daveyboy66 said:

Yes that could work...£2B in the account...of we go 😎

Well we do have unlimited funds. It's just the EFL that's stopping him spending it

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31 minutes ago, bradowl said:

Agents are leeches of game, trying to push their players for a transfer all time knowing they're after a cut of money. 

 

Make the players pay their representative, what other industry does what football does? 

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6 minutes ago, yeadonowl said:

Fairly easy I’d imagine

 

Start of season legal contract is drawn up so that owner underwrites proposed budgeted losses. 
 

The punishment can then be based if the club then exceeds these budgeted losses

 

Gives owner the right to invest as they see fit like they can in any other business

Sorry but that makes no sense. Owners are unwriting losses now. And they get punished now. 

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25 minutes ago, Ian_D said:

Maybe we are innocent.


 

22F925CF-6737-45AA-9D59-57749F42645B.gif

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6 hours ago, Westfield Owl said:

 

Just to point out, when Fletcher got injured at Christmas, Monk still had Rhodes, Winnall, Forestieri, Nuhiu as options.  You could even throw in Murphy, who can play as a false 9.

 

Not an amazing selection but enough talent for any decent Championship coach to manage with.

 

Then we signed Wickham in January.  A Premier League striker.

 

The belief that any manager would struggle after losing Fletcher to injury is a myth.

 

Anyway, back to topic..

hahahahahahahaha!

talent my ar$e, there was only ff any good, and nuhiu for 15 mins a game.

ff had been a quite a while since stringing a few good games together .

winnall went to derby a decent striker, what we got back was short of what we sent out by some way.

rhodes was/is due another good game in 2 years time.

we hadn't a 9, we'd a squad full of 'false' ones.

wickham was woefully off the pace (matchfit?) when he arrived.

the belief that no manager would struggle (with our unbalanced squad) after losing fletcher is only a 'myth' to those who don't know a great deal, and those wanting monk out from the very start and growing sick of waiting to backstab our manager.

anyway, back to topic.

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36 minutes ago, @owlstalk said:

 

 

That didn't work last time though

Chairmen were getting their clubs into all kinds of debt and massively overspending, and it meant clubs were going into administration 

& that should be the time to punish them

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1 minute ago, vulva said:

Sorry but that makes no sense. Owners are unwriting losses now. And they get punished now. 

But there is no way of a rich owner investing which is also unfair

 

Any other business an owner who wants to improve his business can invest capital. In football they are severely restricted 

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21 minutes ago, HarrowbyOwl said:

I think you’re probably right on that Kev. i guess it then comes down to whether the previous forward reporting can be squared with a late  change of ‘accounting strategy’

 

The whole process is quite complicated. There are lower limits than the 13m per season losses for the Club to be put on review. 

 

There are deadlines on 1st December and 1st March to supply past year info and current year info, another for the audited accounts. 

 

There are budgets to provide.

 

Be intriguing for someone like me to be on the inside to understand the mechanics of this process a lot more

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52 minutes ago, yeadonowl said:

Gary Neville just hit the nail on the head 

 

FFP needs tweaking so that the test is based on owners affordability. If an owner has 1 trillion pounds why can’t he spend 1 billion as they can afford it. The issue is if the owner has 500k and spends a million that is the issue 

 

He speaks as an owner and he wants owner guarantees brought in to cover losses


Like others have said...difficult to police. Also, the purpose needs establishing...Profit and Sustainability suggests protection to the club which would suit your idea, but the previous guise, Financial Fair Play...suggests clubs spending linked to their natural revenue

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56 minutes ago, bradowl said:

Agents are leeches of game, trying to push their players for a transfer all time knowing they're after a cut of money. 

 

Agents should be banned from the game. If a player wants representing, then the PFA are there to do that. 

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12 minutes ago, S36 OWL said:

 

Agents should be banned from the game. If a player wants representing, then the PFA are there to do that. 

 

PFA probably just as corrupt as the rest of them. 

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13 minutes ago, S36 OWL said:

 

Agents should be banned from the game. If a player wants representing, then the PFA are there to do that. 


Have you shared your thoughts with Mr G Taylor? Still in charge too, the last time I looked. Did the review ever get completed? 

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47 minutes ago, yeadonowl said:

Fairly easy I’d imagine

 

Start of season legal contract is drawn up so that owner underwrites proposed budgeted losses. 
 

The punishment can then be based if the club then exceeds these budgeted losses

 

Gives owner the right to invest as they see fit like they can in any other business

This is exactly what I said weeks ago. Although I said for owners to put the whole expected expenditure in a holding account. 

 

I don't understand why this would be a problem or issue? 

 

Any other business can lose millions upon millions if they want. Why do football clubs need to be restricted?

 

It's not going to stop clubs going into admin...just ask Wigan. If owners pull the plug then clubs go under regardless.  

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