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  1. Creaky

    Financial Fair Play penalties?

    Not 24 EP but potentially 72 sets of accounts - don't forget FFP applies to all 3 Divisions. It already happens with the really exceptional players - Zaha for example The more players wages are driven down in our league the lower the bar is set making more Championship players financially...
  2. Creaky

    Financial Fair Play penalties?

    I'm sure you are right that the accounting periods for Companies House and FFP can be different but that opens up the accounting loophole whereby costs can be kept within the companies accounting period thus producing accurate company accounts but shifted to a later or earlier FFP accounting year.
  3. Creaky

    Financial Fair Play penalties?

    Changing the accounting period of a club can distort FFP figures - if a club for instance changes its financial accounting period from the end of June to the end of August it is possible to move various costs incurred from earlier in the year quite legally to July and August in the companies...
  4. Creaky

    Financial Fair Play penalties?

    Well I guess only experience will demonstrate whether I am right or wrong - I just cannot see the FL being so efficient and decisive as to be able to impose a transfer embargo on any club that does try to spend their way up the leagues - with all the potential loopholes such as sponsorship...
  5. Creaky

    Financial Fair Play penalties?

    Yes - you are right - FL will have 30 days, (including the Christmas period), to analyse the accounts - doesn't really change my argument though, does it? Less than 31 days to analyse the accounts, check for 'loophole breaches', request clarification etc lodged by 72 league clubs, impose...
  6. Creaky

    Financial Fair Play penalties?

    Yes I do realise this is a new system but that doesn't change the time delay in any penalties - also the idea that the clubs financial reports lodged with the league on the 31st Decemebr can be analysed so quickly that penalties can be imposed the following day is just not realistic - and that...
  7. Creaky

    Financial Fair Play penalties?

    Fine sentiment but what about the good players in the lower leagues - If FFP does drive down players wages, (something that is debateable), then it will also drive the exceptional players out of the lower leagues, either upwards in the leagues or out of the country, again widening the gap...
  8. Creaky

    Financial Fair Play penalties?

    Precisely the point being made - this season's accounts won't be published until December 2014 - halfway through next season - so if the club were liable to be sanctioned for this years finances we could still make player transfer deals during next summer's break and probably during the January...
  9. Creaky

    Financial Fair Play penalties?

    Yes there are but the restrictions on losses is far looser, (higher permitted loss levels), than those in the lower leagues, which even if all clubs comply will widen the gap in real terms between the EPL and the lower clubs. I can't think of any other regulated industry where the bigger you...
  10. Creaky

    Financial Fair Play penalties?

    Whether or not Abramovich levels of investment in the EPL are good for either 'home grown talent' or the league itself has little to do with the effect of investment in English Football League clubs. The EPL is the top of the tree and is a world apart from the Champuionship. Placing...
  11. Creaky

    Financial Fair Play penalties?

    The whole concept of FFP is a total nonsense! We should be welcoming investment in our home leagues rather than discouraging it and we certainly shouldn't be worrying about domestic teams flouting the system but be far more concerned with European clubs outside of those leagues. If the FFP...
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