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[Football] The ticking Profit and Sustainability (FFP) timebomb...







Kinky Gerbil

Im The Scatman
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Jul 16, 2003
57,914
hassocks
Ah, but therein lies the big snag, both for us and for Chelsea. Chelsea won't be able to push for full market price, but might be reluctantly willing to sell at a cut price through sheer necessity.
We might be willing to pay that cut price, bit the player might not agree to come to us for half - or even a third or a quarter - of their existing wage. So we don't get a bargain, and Chelsea have to go on paying them several £million a year......... and of course, Chelsea paying off their contract so the player could 'afford' to live on £40 or £50K a week for three or four years wouldn't help their FFP situation.

It really is a lose-lose situation - even the player will lose by having to stay at Chelsea for five or six years!

Perfectly put sir

There will be a lot of pay offs to some of those players to leave, long term loans with Chelsea covering wages or absolute rock bottom fees to allow the buying club to give them a signing on bonus
 


Nobby Cybergoat

Well-known member
Jul 19, 2021
7,026
So how b- ig a pay cut do you think Colwill would take? £50K a week? £100K?
I don't think he would take a pay cut at all. Which is why I don't think he'll join us. Which is what I said in the post you replied to
 


Weststander

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Aug 25, 2011
64,087
Withdean area
I believe Wolves are good as they sold players and sacked the manager that moaned about it, as well run clubs would do if needed

They are also very dodgy with the ownership group.

I've read in a couple of places that their job isn't quite done.

What's the betting FSG and Levy are tapping up Neto just now? :lolol: :mad: Then of course the plastics polluter Ratcliffe will start muscling in on LFC and THFC deals, copy-catting clubs who know what they're doing.
 






Weststander

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Aug 25, 2011
64,087
Withdean area
Perfectly put sir

There will be a lot of pay offs to some of those players to leave, long term loans with Chelsea covering wages or absolute rock bottom fees to allow the buying club to give them a signing on bonus.

Boehly will have to do a lot of that as with Kepa and Lukaku, to prevent huge player £ losses.
 




Reddleman

Well-known member
May 17, 2017
1,891
We will need those players to be willing to sign for us, which is where our wage restrictions will put players off, especially those used to much higher wages at Chelsea.
It’s not just Chelsea though. We were in for KDH from Leicester and they are also deep in the mire
 




Jim in the West

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Sep 13, 2003
4,569
Way out West
This should be a huge opportunity for us. Clubs that simply have to sell by a certain deadline or face points deductions are in no position to drive a hard bargain. We could pick up some really good players for reasonable prices.
I think this is the main reason why we held back a bit during the January window...there will be loads more opportunities come June.
 


Reddleman

Well-known member
May 17, 2017
1,891
Ah, but therein lies the big snag, both for us and for Chelsea. Chelsea won't be able to push for full market price, but might be reluctantly willing to sell at a cut price through sheer necessity.
We might be willing to pay that cut price, bit the player might not agree to come to us for half - or even a third or a quarter - of their existing wage. So we don't get a bargain, and Chelsea have to go on paying them several £million a year......... and of course, Chelsea paying off their contract so the player could 'afford' to live on £40 or £50K a week for three or four years wouldn't help their FFP situation.

It really is a lose-lose situation - even the player will lose by having to stay at Chelsea for five or six years!
Not just Chelsea though. Lots of clubs may need to sell, Leicester being one, Forest, Everton, Newcastle.
 






Acker79

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Nov 15, 2008
31,876
Brighton
It’s not just Chelsea though. We were in for KDH from Leicester and they are also deep in the mire
In the last premier league season, according to this https://www.mirror.co.uk/sport/football/news/chelsea-premier-league-wage-bill-30054153 Leicester's wagebill was double ours. I'm under the impression relegation clauses for wages are quite rare. So I wouldn't be surprised if he is on more than we like to offer (his last deal was signed in 2022).

But it's not just that, we're not the only team that will be trying to get deals. We won't compete with Spurs, Arsenal or Liverpool for wages. There were rumours Arsenal made it clear they would be interested in signing him in the summer.
 




Kinky Gerbil

Im The Scatman
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Jul 16, 2003
57,914
hassocks
Because fans (and some managers) cry and start throwing tantrums if clubs are run sustainably
I've seen a bit about the new rules coming in/being voting on and Everton fans crying they are changing the rules now.

Isn't it a case of the rules becoming tougher and more inline with UEFA?
 






Kinky Gerbil

Im The Scatman
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Jul 16, 2003
57,914
hassocks
Leicesters wage bill must be massive if it risk

I am aware it's not as simple as players sold, but they have sold a lot of players

Barnes/Maddison 40 million
Fofana 80 million

Etc etc
 


Weststander

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Aug 25, 2011
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Some payroll cost v income snippets based on last published accounts, years vary due to slower filing by some clubs.

Albion £115m / £167m
CPFC2010 £124m / £160m
Wolves £142m / £169m
Everton £159m / £181m
Leicester £182m / £215m
Villa £194m / £218m
Spuds £205m / £338m

Villa also spent £600m on player fees.

Villa spend on fees/wages like Tottenham, but have the income of Leicester. How’ve they managed this? The owners have financially doped the club with £672m of their money over 5.5 years, most likely far more than that when we see their 2023/24 accounts. Their current PL standing is no Cinderella story.
 
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jackanada

Well-known member
Jul 19, 2011
3,161
Brighton
Everton were ulitmately deducted 6 points for a 20m excess. I wouldn't be surprised if that becomes a precedent - ie 1 point for every 3.33m overspend.
Though that's a precedent for a club that was considered to have cooperated with the investigation and that was agreed to have mitigating circumstances on appeal.
Could be looking at a "standard" point per £2m.
For an aggravated case maybe 70 points per £100m, enough to move from champions to relegation in any season.
 






Nobby Cybergoat

Well-known member
Jul 19, 2021
7,026

Very interested to see how Villa plays out.

Also interesting that there's likely to be an unofficial transfer window at the end of June with several clubs having to sell by June 30th and a very limited pool of clubs able to buy unhindered by PSR.

I exclude us from this as I don't see us buying a first team player from Villa due to wages. Could see us looking at picking up a prospect though
 


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