FFP question

Mr Bridger

Sound of the suburbs

Feb 25, 2013

4,443

Earth

• Apr 15, 2013

• #1

Speaking to a QPR fan over the weekend and he's convinced Rangers will not be affected by the FFP regulations and said they can incorporate all their sponsorship money to get over their income from gate receipts.

So technically a filthy rich dodgy businessman could sponsor a players kit for the season for let's say £50 million and this all comes under income.


Is this true?

 

Driver8

On the road...

NSC Patron

Jul 31, 2005

15,982

North Wales

• Apr 15, 2013

• #2

Isn't that how Man City are getting round it? Some multi million sponsorship for the stadium or something.

 

P

Postman Pat

Well-known member

Jul 24, 2007

6,971

Coldean

• Apr 15, 2013

• #3

Driver8 said:

Isn't that how Man City are getting round it? Some multi million sponsorship for the stadium or something.

Click to expand...

And why AIG are spending £150m to sponsor Man Utd's TRAINING GROUND!!!

 

Mr Bridger

Sound of the suburbs

Feb 25, 2013

4,443

Earth

• Apr 15, 2013

• Thread starter
• #4

Must be the way forward then

I was hoping they where ****ed!

 

Acker79

Well-known member

NSC Patron

Nov 15, 2008

31,864

Brighton

• Apr 15, 2013

• #5

Mr Bridger said:

So technically a filthy rich dodgy businessman could sponsor a players kit for the season for let's say £50 million and this all comes under income.


Is this true?

Click to expand...

There is meant to be something in the FFP to stop that happening. Man City were/are being investigated because they got a very large shirt sponsorship deal from a company that is run by someone with close links to their owner. Uefa to investigate Manchester City over Etihad sponsorship deal - Premier League - Football - The Independent

This was recently reiterated when latest financial figures were released: Manchester City and PSG must prove they are not financial fair play system - European - Football - The Independent

http://www.financialfairplay.co.uk/financial-fair-play-explained.php point 4:

UEFA are aware that owners of clubs could look to inflate a club’s profitability by injecting funds into clubs via artificially inflated commercial deals. Paris St-Germain recently announced a huge sponsorship deal via a body that is connected to the club owners. For this reason UEFA FFP rules require any transaction from a ‘related part’ (i.e. a company or body connected to the club owners) to be assessed to ensure it was a genuine transaction at a ‘fair value’. UEFA has the power to adjust any artificial ‘mates rates’ deals and apply a lower value to the Break Even calculation. This assessment will be carried out by the CFCB panel.​

 

KZNSeagull

Well-known member

Nov 26, 2007

19,815

Wolsingham, County Durham

• Apr 15, 2013

• #6

It's a loophole at the moment, but I see FFP evolving quite rapidly to close these over time. Have the Prem actually signed up to it yet? Rules re teams relegated from the Prem:

Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in their first season in the Championship whilst not complying with the FFP regulations.

 

S

screamadelica

New member

Jan 28, 2013

421

• Apr 15, 2013

• #7

Mr Bridger said:

Speaking to a QPR fan over the weekend and he's convinced Rangers will not be affected by the FFP regulations and said they can incorporate all their sponsorship money to get over their income from gate receipts.

So technically a filthy rich dodgy businessman could sponsor a players kit for the season for let's say £50 million and this all comes under income.


Is this true?

Click to expand...

Relegated clubs are exempt for 4 years so no it will not immediately worry them,FFP stinks it has not been properly thought out

 

algie

The moaning of life

Jan 8, 2006

14,713

In rehab

• Apr 15, 2013

• #8

4 years? That is a piss take.

 

S

screamadelica

New member

Jan 28, 2013

421

• Apr 15, 2013

• #9

Postman Pat said:

And why AIG are spending £150m to sponsor Man Utd's TRAINING GROUND!!!

Click to expand...

And American Express confidential shirt sponsorship over undisclosed length of time

 

SeagullSongs

And it's all gone quiet..

Oct 10, 2011

6,937

Southampton

• Apr 15, 2013

• #10

screamadelica said:

Relegated clubs are exempt for 4 years so no it will not immediately worry them,FFP stinks it has not been properly thought out

Click to expand...

Four? I thought it was just one?

 

Herr Tubthumper

Well-known member

NSC Patron

Jul 11, 2003

59,574

The Fatherland

• Apr 15, 2013

• #11

A UEFA panel evaluates any suspect deals to see if they're above market value. If they decide they are you're in bother. I suspect a £50m players kit sponsorship is above market value.

 

KZNSeagull

Well-known member

Nov 26, 2007

19,815

Wolsingham, County Durham

• Apr 15, 2013

• #12

SeagullSongs said:

Four? I thought it was just one?

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It is only 1.

 

S

screamadelica

New member

Jan 28, 2013

421

• Apr 15, 2013

• #13

algie said:

4 years? That is a piss take.

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Yep the owner/chairman can throw what he likes at promotion,FFP will create a two tier division

 

S

screamadelica

New member

Jan 28, 2013

421

• Apr 15, 2013

• #14

Herr Tubthumper said:

A UEFA panel evaluates any suspect deals to see if they're above market value. If they decide they are you're in bother. I suspect a £50m players kit sponsorship is above market value.

Click to expand...

Why would that figure be unreasonable if you have staff on £250,000 a week