If FFP didn't exist, would you like to see the Albion "go for it"?

Bozza

You can change this

Helpful Moderator

Jul 4, 2003

55,736

Back in Sussex

• Aug 19, 2014

• #1

A number of people talk about FFP as being some sort of barrier to success for the club and that, if FFP hadn't been brought into play, they would like to see Tony Bloom go on the type of player spending spree that would dramatically enhance the Albion's promotion hopes. Is that you?

Or, perhaps, you recognise that even if FFP didn't exist, running up operating losses of c£15m year is not a sustainable model for a football club and sooner or later Bloom will get fed up of pumping in the cash, he'll run out of money or the club will enter a Pompey-style debt death spiral.

What's it to be?

 

N

Napper

Well-known member

Jul 9, 2003

23,874

Sussex

• Aug 19, 2014

• #2

Not fussed . Decent exciting football in the championship is up there with anything the prem has to offer IMO. Need an element of going for it to achieve even this though

 

W

warmleyseagull

Well-known member

Apr 17, 2011

4,219

Beaminster, Dorset

• Aug 19, 2014

• #3

Heart says go for it, head says no. There is now a likely unsustainable trend towards common sense that will reduce player wages/transfer fees and encourage more youth. It will take time but has to be right.

The implications of that are not just better football club management but more local talent instead of the rush to find players anywhere in the world. Long run we might even have a half decent England team.

 

glasfryn

cleaning up cat sick

Nov 29, 2005

20,261

somewhere in Eastbourne

• Aug 19, 2014

• #4

what ever happened to being "premiership ready" or was that just PR ........oops I just saw what I did there .

 

drew

Drew

Oct 3, 2006

23,063

Burgess Hill

• Aug 19, 2014

• #5

warmleyseagull said:

Heart says go for it, head says no. There is now a likely unsustainable trend towards common sense that will reduce player wages/transfer fees and encourage more youth. It will take time but has to be right.

The implications of that are not just better football club management but more local talent instead of the rush to find players anywhere in the world. Long run we might even have a half decent England team.

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Are you sure that's what you meant to write? Unsustainable trend would suggest you think FFP won't last!

 

Rookie

Greetings

Feb 8, 2005

12,069

• Aug 19, 2014

• #6

Not for me, build slowly, invest in youth and the 'premier league dream' will come (not that I would call it a dream but that's just me)

 

K

knocky1

Well-known member

Jan 20, 2010

12,968

• Aug 19, 2014

• #7

More options. Too simplistic. Put up the price of Harveys.

 

dwayne

Well-known member

Jul 5, 2003

14,955

London

• Aug 19, 2014

• #8

Bozza said:

A number of people talk about FFP as being some sort of barrier to success for the club and that, if FFP hadn't been brought into play, they would like to see Tony Bloom go on the type of player spending spree that would dramatically enhance the Albion's promotion hopes. Is that you?

Or, perhaps, you recognise that even if FFP didn't exist, running up operating losses of c£15m year is not a sustainable model for a football club and sooner or later Bloom will get fed up of pumping in the cash, he'll run out of money or the club will enter a Pompey-style debt death spiral.

What's it to be?

Click to expand...

We have to go for it, we need premiership money. It's as simple as that.

 

Papa Lazarou

Living in a De Zerbi wonderland

Jul 7, 2003

18,870

Worthing

• Aug 19, 2014

• #9

I'd like the chairman of each football club to be free to make these sort of decisions without the need for draconian rules imposed upon them.

Yes, I'm fully aware that this opens the door for another Portsmouth or Palace to overspend and risk the future of the club on a massive gamble, but if for example (not that I think for a second there's any truth in the rumours) Tony Bloom brings others onto the board who are willing to bankroll a push for promotion, with no strings attached (i.e. Money is not loaned) then why not?

The combination of tight FFP rules and the ever increasing number of teams with ever increasing Parachute payments is squeezing the rest of The Championship into a very tight corner, even those which are run in an exemplary way.

 

Rugrat

Well-known member

Mar 13, 2011

10,215

Seaford

• Aug 19, 2014

• #10

Papa Lazarou said:

I'd like the chairman of each football club to be free to make these sort of decisions without the need for draconian rules imposed upon them.

Yes, I'm fully aware that this opens the door for another Portsmouth or Palace to overspend and risk the future of the club on a massive gamble, but if for example (not that I think for a second there's any truth in the rumours) Tony Bloom brings others onto the board who are willing to bankroll a push for promotion, with no strings attached (i.e. Money is not loaned) then why not?

The combination of tight FFP rules and the ever increasing number of teams with ever increasing Parachute payments is squeezing the rest of The Championship into a very tight corner, even those which are run in an exemplary way.

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Very well put

FFP is way too restrictive. Fine to try and introduce some fiscal governance that prevents a club racking up debt that it can't service, but to choke all other "investment" has or will make this league very much two tier

 

el punal

Well-known member

Aug 29, 2012

11,780

Bitterne,Southampton. In the land of wrong stripes

• Aug 19, 2014

• #11

Best summed up by a decent, sensible Pompey fan I met before their situation was resolved :

" I don't care where we play, I don't care if we're in Rymans Div.8. I just want to support the football club I've followed all my life."

Careful what you wish for. I'm sure no Albion fan wants to go through all that again.

 

KZNSeagull

Well-known member

Nov 26, 2007

19,813

Wolsingham, County Durham

• Aug 19, 2014

• #12

It's a no from me.

The lure of PL money is one thing, but look how many clubs still make a loss with all that cash flying around. Some of those with parachute payments also make enormous losses (Bolton - 50m!). All that happens in the PL is that average players suddenly get an enormous pay rise that does not correspond to their increase in performance. Paying 20k a week+ for someone to keep his arse warm on a bench - ridiculous.

We are already in a 2 tier league and the PL is even worse. We need to be savvy in the transfer market (picking up 2m quid players for nothing for example), bring on the youth and in time, I am sure we will get there. Once there we need to consolidate without going mad.

 

Marshy

Well-known member

Jul 6, 2003

19,719

FRUIT OF THE BLOOM

• Aug 19, 2014

• #13

We already "Went for it" under Mr Poyet in my opinion.

 

P

Postman Pat

Well-known member

Jul 24, 2007

6,971

Coldean

• Aug 19, 2014

• #14

It seems a bizarre state of affairs when a company is stopped spending money or investing, which is effectively what FFP is doing, but unless the penalties for going into administration are more harsh, i.e. league expulsion, then something needs to be done to protect football clubs from rubbish chairmen.

We would need to invest £20m-£30m to make that leap and I'm not sure the long-term risk to the club is worth it if we fail.

 

Tom Hark Preston Park

Will Post For Cash

Jul 6, 2003

70,184

• Aug 19, 2014

• #15

dwayne said:

We have to go for it, we need premiership money. It's as simple as that.

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This. As OP says 'running up operating losses of c£15m year is not a sustainable model for a football club'. Stadium is operating at near enough capacity, hard to see where enough money could come from to start operating at a profit except from the premiership.

 

portlock seagull

Why? Why us?

Jul 28, 2003

17,075

• Aug 19, 2014

• #16

Very easy to spend other peoples money.

It's a massive no from me - I lived and breathed the Albion during the 90s and it nearly killed me as it did many others!

Besides, what would we actually do in the Premiership apart from get stuffed and hang on every year? Like a taste of it for sure, but not at the expense of my clubs future. We must be patient and get lucky too! Prefer that approach to reckless spending. That way only lies madness.

 

cattlin'srockshop

New member

Nov 15, 2007

161

where no-one can find me

• Aug 19, 2014

• #17

I'd like to see us play some more exciting football, otherwise I'm more than happy where we are.

 

Tom Hark Preston Park

Will Post For Cash

Jul 6, 2003

70,184

• Aug 19, 2014

• #18

portlock seagull said:

Very easy to spend other peoples money.

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Equally easy to let other people run up £15M year-on-year operating losses tho eh?

 

beorhthelm

A. Virgo, Football Genius

Jul 21, 2003

35,310

• Aug 19, 2014

• #19

Rugrat said:

FFP is way too restrictive. Fine to try and introduce some fiscal governance that prevents a club racking up debt that it can't service, but to choke all other "investment" has or will make this league very much two tier

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but it expressly doesn't choke investment, you can spend as much as you like in infrastructure, like new stadiums, training facilities etc.

i take the view that not only are £15m losses not sustainable, but that Bloom may not have a unlimited funds to "go for it". no one know his wealth but assumes he has untold riches. there's no evidence for this, other than that which he has put into the club, from which people extrapolate arbitrary measures of how wealthy he must be.

 

portlock seagull

Why? Why us?

Jul 28, 2003

17,075

• Aug 19, 2014

• #20

Tom Hark said:

Equally easy to let other people run up £15M year-on-year operating losses tho eh?

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Sorry, don't understand your point in reply to mine?