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Blackburn- wages 120% of turnover at 2014 year end







algie

algie

The moaning of life
Jan 8, 2006
14,713
In rehab
They also thought you couldn't get relegated from the Premier league. Think they are in for a rude awakening over FFP if they think penalties won't be enforced. Blackburn's owners are total incompetent clowns.
 
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dingodan

dingodan

New member
Feb 16, 2011
10,080
"...the club is still solely reliant on their benevolence for existence."

If I'm not mistaken the entire point of FFP was to prevent this kind of situation from occurring, wasn't it?
 


Acker79

Acker79

Well-known member
NSC Patron
Nov 15, 2008
31,855
Brighton
Does that make it sensible that they refused to sell Jordan Rhodes for 12m, since he'll give them a better chance of reaching the premier league like they need to, or stupid for turning down 12m, because he doesn't improve their chances all that much?
 


seagullsovergrimsby

seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,690
Crap Town
jamie the seagull said:
They appear reliant on the parachute payments and that FFP penalties will not be enforced...
Are these the figures that the League calculate/use for FFP calculations?

http://www.lancashiretelegraph.co.uk/sport/11434515._/
Click to expand...

I think they have to submit accounts which cover the football season , beginning of July 13 to the end of June 14. El Pres will confirm one way or another as the NSC oracle of financial dealings within the world of football.
 






El Turi

El Turi

Injured
Aug 13, 2005
6,928
Argentina
I sadly think they may be right about FFP punishments not being enforced. We couldn't compete with the wages they offered Conway so they don't seem to have any intention of changing the way the club is being run.
 


L

London Irish

Well-known member
Nov 25, 2003
21,867
Trapped inside the Project for the New American Ce
dingodan said:
"...the club is still solely reliant on their benevolence for existence."

If I'm not mistaken the entire point of FFP was to prevent this kind of situation from occurring, wasn't it?
Click to expand...

Really? The entire free market model of English football is built on rich owners, would be nice to think there would be some way back from that, and more towards the German model of member owned clubs, but we are talking about rolling back decades of going down that wrong road.

FFP seems to be more about protecting the owners of rich clubs at the top of the pyramid from being challanged by lesser clubs with rich owners, a kind of monopoly protection
 




Superphil

Superphil

Dismember
Jul 7, 2003
25,419
In a pile of football shirts
Plooks said:
Bit stupid not to sell him. They will have a transfer embargo soon and will have to sell to comply with FFP in order to get it lifted. He won't be worth £12m then, much much less. In fact why would a club bid for Blackburn players now anyway, they will be cheaper in January.
Click to expand...

Genuine questions.
Is the transfer embargo only on players coming into the club?
Will they be allowed to sell players?
 








father_and_son

father_and_son

Well-known member
Jan 23, 2012
4,646
Under the Police Box
Superphil said:
Genuine questions.
Is the transfer embargo only on players coming into the club?
Will they be allowed to sell players?
Click to expand...

And its not an "embargo" in the strictest sense of the word. However, they will need the permission of the FL before any deal can be done. If it is in the financial best interests of the club (eg a like-for-like, one OUT + one IN, that results in a profit or lower wage bill) then the FL will probably be inclined to approve it.
 


Rugrat

Rugrat

Well-known member
Mar 13, 2011
10,215
Seaford
London Irish said:
Really? The entire free market model of English football is built on rich owners, would be nice to think there would be some way back from that, and more towards the German model of member owned clubs, but we are talking about rolling back decades of going down that wrong road.

FFP seems to be more about protecting the owners of rich clubs at the top of the pyramid from being challanged by lesser clubs with rich owners, a kind of monopoly protection
Click to expand...

What a bloody sensible comment. It would certainly explain why FFP was constructed in such a way

Unfortunately there are too many that think that observing FFP makes a club sustainable when in fact it's gagging much needed "investment" (and yes I do use the word loosely) in those clubs that might be able to attract it in a sensible way
 


wakeytom

wakeytom

New member
Apr 14, 2011
2,718
The Hacienda
FFP will never ever stand up in court, how can it? Is it not up to you or I how I run my own company, if I can afford to support and subside it so be it, if I decide not to any more then it will likely go into admin/liquidation but the way the laws are set, especially in the UK is to allow entrepreneurial-ism and if it goes wrong then you can wind up a company with as little impact on the owners as possible
 


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