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    • #2
      Sunshiinnnnneeee Max Paper's Avatar
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      Very interesting

      Brighton

      Profit/Loss -£14.8m

      Chance of transfer embargo - Unlikely

      Advocates for FFP who have cut costs to meet thresholds. Equity injection will probably be required.
      Quote Originally Posted by brightonmark1234 View Post
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      **** off you ****
    • #3
      Me Everest's Avatar
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      Quote Originally Posted by Max Paper View Post
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      Very interesting

      Brighton

      Profit/Loss -£14.8m

      Chance of transfer embargo - Unlikely

      Advocates for FFP who have cut costs to meet thresholds. Equity injection will probably be required.
      I think you should have made it clear the the -£14.8m relates to 2012/13.
      "Forget the goals, Vicente produced the moment of the match, if not the season here at the Amex, with a slalom like run,
      in which he beat six or seven players before unleashing a fierce drive that rattled the crossbar"
      talkSPORT, 20 March 2012
    • #4
      HellBilly Psychobilly freakout's Avatar
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      With Championship clubs due to submit their Fair Play information to the Football League by 1 December, it is worth considering which clubs are likely to have breached the rules and the likely impact.

      Looking at the Championship clubs, 9 are viewed as being ‘Likely’ or ‘Very Likely’ to receive a Transfer Embargo from January.


      The Football League will look back at the season 2013/14 and determine which clubs exceeded the permitted loss limits for that season. During 2013/14 clubs were able to make losses up to £3m for the season (rising to a maximum of £8m if the owner was prepared to put their hand in their pocket to inject equity [i.e. not loans] into the club to cover the difference).

      Some expenditure is excluded (such as charitable donations, promotion bonuses, and youth development expenditure). N.B. Championship Youth Development costs are unlikely to be much over £700k.


      Club
      2012/13 profit/loss
      Transfer ban likelihood
      Notes
      Birmingham
      -£4m
      Very likely
      Results released in HK for 2013/14 suggest losses above threshold. Owner unlikely to have inject equity
      Blackburn
      -£36.5m
      Very likely
      Club have already stated a transfer ban is to be expected
      Blackpool
      £4.6m
      Unlikely
      Bottom of table with well-documented issues but costs seem to be under control
      Bolton
      -£50.6m
      Very likely
      Club over £160m in debt and recent press reports that club may be sold.
      Bournemouth
      -£15.3m
      Very likely
      The 12/13 loss related to L1 – costs will have increased since then. £5.75m cash for Lallana in July unlikely to be enough to remove ban for Summer
      Brentford
      -£6m
      Hard to call
      Likely to need an equity injection from owner and probably OK if injection made
      Brighton
      -£14.8m
      Unlikely
      Advocates for FFP who have cut costs to meet thresholds. Equity injection will probably be required.
      Cardiff
      N/A
      Not possible
      Ex PL club so no ban possible until 2015/16
      Charlton
      -£6m
      Hard to call
      Likely to need an equity injection from owner and probably OK if injection made. New owners net spenders this season.
      Derby
      -£7.1m
      Unlikely
      Sold naming rights to stadium last season but will need equity injection. Tfr profit last season and subsequent spending suggests club will be within limits
      Fulham
      N/A
      Not possible
      Ex PL club so no ban possible until 2015/16
      Huddersfield
      -£4m
      Unlikely
      Advocates for FFP and want interactive FFP controls
      Ipswich
      -£9.8m
      Unlikely
      Club cut costs and McCarthy announced “we are keeping to FFP rules, I’m damn sure not everyone else is”
      Leeds
      -£9.4m
      Likely
      It is hard to envisage either owner having injected the equity to cover losses over £3m. Sale of McCormack for £10.4m will help 2014/15 results.
      Middlesbrough
      -£14m
      Very likely
      Owner likely to inject equity but despite cost-cutting, unlikely to be within threshold
      Millwall
      -£1.9m
      Very unlikely
      Costs under control and don’t appear to have paid a transfer fee for last two seasons
      Norwich
      N/A
      Not possible
      Ex PL club so no ban possible until 2015/16
      Nottingham Forest
      -£17.1m
      Very likely
      Likely ban reported by local press. Club spent heavily last season and reinvested sales proceeds in Summer on new signings.
      Reading
      -£2.3m
      Hard to call
      Parachute payments will have helped considerably but whether they cut costs enough is hard to call. New owner in place before end of financial year so equity injection likely. Key player sales will help 2014/15 position.
      Rotherham
      -0.5m
      Very unlikely
      A club used to keeping costs under control
      Sheffield Wed
      -£3.7m
      Unlikely
      Appear to have kept costs under control and require minimal (if any) equity
      Watford
      £0.2m
      Unlikely
      Low net spend over last two seasons
      Wigan
      £0.8
      Very unlikely
      Parachute payments and sale of McCarthy for £13m should see Wigan OK
      Wolves
      -£30.4m
      Very likely
      Hard to envisage losses in their promotion-season from L1 being below threshold.
      Of the three clubs that were promoted to the Premier League last season, Leicester and QPR are expected to have incurred total fines or around £50m in total:

      Club
      2012/13 profit/loss
      Fair Play tax likelihood
      Notes
      Leicester
      -£34m
      Very likely
      Fine could easily be around £20m
      Burnley
      -£7.6m
      Hard to call
      Owner likely to have injected equity and any fine (if there were one) would be very low (i.e. less than £250k)
      QPR
      -£65.4
      Very likely
      Fine probably somewhere between £27m and £35m


      How the embargo works

      Any embargo would be applied before the start of January Transfer window. Under the ban, a club could still players however they will only be able to sign a player if it is on a ‘one a one-out, one in’ basis where both the following conditions apply:

      The club has fewer than 24 registered players, and
      The incoming player has wages of below 75% of the departing player.
      Once an embargo is applied a club can apply in March to the Football League to have the ban removed. However the removal of the ban cannot take place until 31 May 2015 and will only occur where the club has submitted Interim Information that confirms the club is on target to pass the FFP test in the following December (i.e. relating to the 2014/15 Season).

      It is therefore possible that some of the clubs that start their transfer embargo in 1 January 2015 will not have their ban removed during next summer’s transfer window.

      Possible changes to the FFP rules

      On 6th November Championship clubs are due to meet to discuss and vote on new FFP rules. The current version of the rules were voted in by member clubs in April 2012; meetings to update the existing rules took place towards the end of last season but clubs could not agree on a new measure. Any new rules are unlikely to impact on any transfer embargoes due to be applied in January (although they could potentially impact on any transfer embargoes relating to summer 2015.

      With so many disparate interests and different financial positions amongst clubs in the Championship, gaining a consensus on one set of rules or approach is again likely to prove difficult.
      PsYcHoBiLlY fReAkOuT "Do what thou wilt shall be the whole of the Law"
    • #5

      0 Not allowed!
      Good link, interesting update & clarifications, thanks.
    • #6
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      So why are we unlikely with £14.9 million loss, but middles boro likely with £14 million loss?

      Also the notts forest comment is interesting....they sold players to reinvest in new players...surely that is the only way a team can survive. Are they now talking about restricting transfer values so the ins and outs fall withing a FFP threshold?
      " It's a certain kind of fool that likes to hear the sound of his own voice"
      The Eagles - Certain Kind of Fool. Desperado
    • #7
      Members Uncle C's Avatar
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      Surely this pattern of spending in the Championship is not sustainable. All bar 2 clubs lost money the biggest being -£65m. The largest gain was less than £1m !

      I see a collapse coming any time soon.
      Don't make old people mad. We don't like being old in the first place, so it doesn't take much to piss us off.
    • #8
      Drew drew's Avatar
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      What isn't clear is whether the figures posted relate to the clubs actual profit and loss or the one that specifically relates to the FFP criteria, ie excluding capital expenditure on infrastructure, youth development etc etc. Also, this isn't an official league website.
    • #9
      HellBilly Psychobilly freakout's Avatar
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      "With so many disparate interests and different financial positions amongst clubs in the Championship, gaining a consensus on one set of rules or approach is again likely to prove difficult."

      Is this code for it won't work and is any attempt to hand down fines and embargo's will more than likely be challenged and overturned, therefore rendering FFP pointless and practically unenforceable ?
      PsYcHoBiLlY fReAkOuT "Do what thou wilt shall be the whole of the Law"
    • #10
      On the BHA rollercoaster Icy Gull's Avatar
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      Very interesting but will this place us in a great position come the January window? Quite a few clubs SHOULD have an embargo, no?

      Clutching at straws here, FFP will be challenged and sweet FA will happen in the near future.
      Winners never quit and quitters never win -Vince Lombardi

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