I can see a Rhodes style signing coming in during the January window as Bloom goes 'all in' to secure promotion. I suspect we'll fail FFP this season but who cares? It's worked for the aforementioned clubs and we'll get more than enough compensation if we are promoted.
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Are we cheats?
- Thread starter Sussex Nomad
- Start date
- Jun 27, 2012
- 13,914
Yes. But not all the losses, believed to be £20m a year at the moment, count towards FFP spending. Money on youth development, stadiums, infrastructure etc
- Jun 27, 2012
- 13,914
Given the club have publicly backed FFP for years, publicly say they will stay within its limits, publicly get angered at its flaws (QPR for example), and commit to keeping the club sustainable financially then i guess Brighton and Hove Albion will care.
Oh for hevens sake, we are not breaking FFP. We have until the end of 2018/19 to lose more than £39m and even then not all loses count towards FFP.
Sussex Nomad
Well-known member
- Thread starter
- #25
So if we don't go up we need to trim back quite a lot. 'Heavens sake'? Woke up on the wrong side?
That part was because it's already been explained to you, quite clearly, that we are not breaking FFP. I doubt we would have to trim back. For starters many costs don't count towards FFP - the £1m rent on the stadium for example. I have enough trust in experts such as Tony and PB that the £7m per year we're 'over' FFP each year at the moment is made up of non-FFP loses.
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Sheebo
Well-known member
- Jul 13, 2003
- 29,297
TBH I'd care a bit. Not enormously, but a bit. We've had FFP rammed down our throats for years and have taken the high horse on other clubs' 'cheating'. I want us to stay within the rules. Admittedly, breaking it now wouldn't be as bad as 3 years ago or so as its been a shit shame in the end that changed an awful lot because the FL are spineless.
Return of the Rev
Well-known member
The gamble goes on! Lucky we don't let one person have our club in their sole control! Never again
- Jun 27, 2012
- 13,914
It has but multiple clubs have had transfer bans (Forest, Bolton, Fulham, Cardiff) and also a fair few (Bournemouth, Leicester etc) have had substantial fines. Myth to say you aren't punished if you break FFP.
Thunder Bolt
Silly old bat
The gamble goes on! Lucky we don't let one person have our club in their sole control! Never again
Which was why DK wanted to stay on as vice chairman, but money talks.
BRIGHT ON Q
Well-known member
- Jul 5, 2003
- 9,114
Blooms going all in this season, that's the gamble
redoubtable seagull
Well-known member
- Oct 27, 2004
- 2,534
I agree. Add Millwall to that list too. They were in breach of FFP in the season they were relegated. The FL deemed they had not gained an advantage so were not punished.
Sussex Nomad
Well-known member
- Thread starter
- #33
So basically, what I say, we are cheating the FFP. We can't really sit here on our high horses any more and say we did it fairly, assuming we do.
- Jun 27, 2012
- 13,914
There's simply no evidence for that at all.
Sheebo
Well-known member
- Jul 13, 2003
- 29,297
My predictive text again kicked in then think I meant 'a bit shit'. Yes you're right, it has worked ok on that side. But the problem is the ones going up and then the fine is nothing to them. Also, the QPR thing a complete joke & the 'waiting til they come down' to punish thing pretty lame.
redoubtable seagull
Well-known member
- Oct 27, 2004
- 2,534
What I say, so it must be true!
How have you arrived at that? Have you followed the thread?
Sussex Nomad
Well-known member
- Thread starter
- #37
So we are still the almighty breaking no rules. I'm satisfied.
Sheebo
Well-known member
- Jul 13, 2003
- 29,297
My predictive text again kicked in then think I meant 'a bit shit'. Yes you're right, it has worked ok on that side. But the problem is the ones going up and then the fine is nothing to them. Also, the QPR thing a complete joke & the 'waiting til they come down' to punish thing pretty lame.
- Jun 27, 2012
- 13,914
Yes. Agreed. Its frustrating for the (many) clubs that do stick within the rules including us. Points deductions would be a better sanction in some cases. Although how thats possible when clubs are no longer in the EFL is of course interesting.
You are talking nonsense. I predicted a loss of £20 million about six months ago, and explained at the time that it would be within FFP because of the following
Reported accounting losses £20 million
Add back: Youth development costs £3-4 million at least according to people I speak to at other clubs)
Depreciation of stadium etc £5 million (per last year accounts )
FFP loss £11-12 million