Words fail me.
Paul Barber on today's FFP vote
- Thread starter Goldstone1976
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Words fail me.
The Merry Prankster
Pactum serva
No we don't.
- Jul 10, 2003
- 26,144
Excellent news. Are you planning to just fund 1 years loss or are you up for the ongoing losses ?
Whichever, you need to get on the blower to Tone, he's bound to be interested.
- Thread starter
- #84
I agree with the first point completely, but think the second is a tad harsh. At least we're abiding by the financial rules that the Clubs agreed. We're going to meet FFP for last season and are forecast to do so again this season. We know from TB that at least some of the transfer receipts have been allocated to ensuring that we do meet FFP. This approach is surely way better than some other clubs, who have blatantly disregarded FFP to chase the dream? TB's approach seems to be to chase the dream as hard as he can while following the rules. Yes, he has a say in what the rules are, and I would certainly agree that any set of rules that allows perpetual losses to be made are far from ideal, but he only has a single vote out of 24...
The solution? It's tough. I do think that a wage cap is worth looking at, either as a percentage of revenue (tricky, due to parachute payments) or in absolute terms, varying according to which league you are in.
stripeyshark
All-Time Best Defence
- Dec 20, 2011
- 2,294
He's hidden it in his book so you have to buy it.
nwgull
Well-known member
It's so easy to spend someone eels money, isn't it?
I think I'll phone up 606 after we lose on Saturday and demand that Tony 'gets the cheque book out', proper good fan that I am.
Better than some - undoubtedly - I wouldn't deny that. But in living in what would otherwise be a completely unsustainable way, we are very much part of the problem, with the problem simply being inflationary player wages.
But, as I said, I don't know what the answer is. One lone club going it alone and slashing their playing budget to achieve a break even position (rather than an allowable FFP loss) is only likely to see that club left behind, and possibly result in even worse financial strife as supporters walk away from that uncompetitive club.
If wage caps were introduced then the lions share of revenues (TV) would drop like a stone, plus the secondary revenue stream (tickets) would come under huge pressure from supporters groups to make the game more affordable.
In saying that if anyone had the nous to try and pull the PL and FL together and work on a solution I'd be thrilled. But I can't see it ever happening and the P&L's of most football clubs will remain in the red regardless of how much tinkering is done.
For BHA not a chance of ever making a profit outside of the Prem. Unlikely within it perhaps but hope we give it a go and see what happens!
Just ask Blackpool
- Thread starter
- #90
If wage caps were introduced then the lions share of revenues (TV) would drop like a stone, would they though? NFL TV revenues are pretty healthy. There would certainly be a transitional period where Sky and BT would flex their not inconsiderable muscles, but if (and its a huge if), the FA, the PL and the FL stood united, they would eventually win, I'd have thought. Getting those three organisations with their different incentives to agree on it and then stand firm is, however, a non-trivial task.plus the secondary revenue stream (tickets) would come under huge pressure from supporters groups to make the game more affordable. agreed.
In saying that if anyone had the nous to try and pull the PL and FL together and work on a solution I'd be thrilled. But I can't see it ever happening and the P&L's of most football clubs will remain in the red regardless of how much tinkering is done.this is regrettably the most likely outcome
For BHA not a chance of ever making a profit outside of the Prem. Unlikely within it perhaps but hope we give it a go and see what happens also agreed!
...
I left out wage caps as I just don't see it as viable from the Championship upwards where the market for the better players extends far beyond the reaches of the Football League.
- Thread starter
- #92
Yep, I agree with all of this...
What's the point of FFP if you can rack up 13 million in debts a year? How does this achieve the stated aims of FFP? And Bloom and Barber have both stated they support the aims of FFP and sustainability then go and vote for this increase. I feel a bit conned.
- Thread starter
- #94
Hmm. Yes, you're right. For it to work, all the major European clubs would have to also agree. That's going to happen... never. It would take a UEFA dictat, which is also never going to happen.
...and even beyond that - the MLS, the dodgy Russian clubs and even some in the Middle East now.
drew
Drew
Whilst I'm not going to condone astronomical wages, I do think a lot of people make the mistake of comparing football to a normal business and footballers to normal employees. Footballers are in fact the product that everyone pays to see. As for high wages not being an incentive to win, ask the players at Barcelona, Real Madrid etc whether they are not bothered if they win or not.
- Jul 10, 2003
- 26,144
I'd like to agree but I've grown too cynical
I blame the chumps at the PL for the current situation. They got greedy and chased all the money for themselves and I don't see it stopping any time soon. Indeed i don't think they give a rats arse about the FL or even the FA and would happily form there own closed shop (a la NFL) if they thought they could get away with it.
But it is a cynical view I accept ... who knows, perhaps one day the game, and more importantly its finances, will head back towards a more sensible level but I can't see it unfortunately
I have an idea on how to make FFP a little fairer ( and maybe PB might take it up as he obviously reads these threads ). In the same way that some expenditure is excluded from the FFP accounts why not do the same with income - i.e. when it comes to the FFP accounts parachute payments don't count. If a club makes an 'unacceptable' loss before parachute payments are taken into account then they are punished. If a club is in receipt of parachute payments then the punishment is a fine rather than a transfer embargo.
Just an idea and I await to be shot down in flames because there is a major flaw in it.
Just an idea and I await to be shot down in flames because there is a major flaw in it.
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I'd like to agree but I've grown too cynical
I blame the chumps at the PL for the current situation. They got greedy and chased all the money for themselves and I don't see it stopping any time soon. Indeed i don't think they give a rats arse about the FL or even the FA and would happily form there own closed shop (a la NFL) if they thought they could get away with it.
But it is a cynical view I accept ... who knows, perhaps one day the game, and more importantly its finances, will head back towards a more sensible level but I can't see it unfortunately
Why shouldn't the Premier League look after it's best interests, and those of it's 'employees'.
The obvious question is:-
'Why does the Premier League exist?'.
Sadly though that decision can't be undone, so we are stuck in the ludicrous position of have 5 governing bodies (if you include UEFA & FIFA) having a say over English football, all with very separate agendas.