[Football] The ticking Profit and Sustainability (FFP) timebomb...

[The Mole]

Anyone else bored of people comparing us to Southampton. Today I was at the dentist in leamington spa - he was a Liverpool fan. He asked about my team and when I said Brighton he straight away said this season showed we are going to be like Southampton. Obviously it is tricky to explain while a man is shoving sharp implements around your mouth but he was very happy with the comparison and also very happy that Liverpool has made Alexis a baller. I tried explaining our injuries but he was not having it.

I have never liked the dentist but now I hate them even more.

And you can’t even answer back when he’s putting a drill in your mouth

 

[Acker79]

This seems as appropriate a thread as any to put this in. Michael Spicer found fame as 'the man next door' in some online comedy videos where he would pretend to be the adviser speaking into the ear of politicians giving bad interviews. He has pivoted away from that and now does longer opinion pieces (still with a humorous slant).

 

[Hiheidi]

Wonder what they want to keep quiet

 

[HastingsSeagull]

I believe in U.S. if 6/30 team go over and pay a combined 630M then that is split 24 ways and paid out evenly to the other clubs. Zero to thd F.A.or a nominal amount. Shirley if running a % of revenue model, that would then raise the other 24 team's available money the next year but without being able to commit to long term wages and contracts as the following year anything could happen! (Though we all know it would only increase).

I do however wonder if we'd see more like 15 teams pay over the cap, with us, brentford and non-massive promoted teams getting rich.

Too many issues for it to happen as above but would be funny.

 

[CHAPPERS]

Everton paid £30m in interest to lender with links to tax exile, documents suggest

Exclusive: Charges relate to £225m debt with Rights & Media Funding, with records suggesting a trail leading to Michael Tabor

www.theguardian.com

However, most of that cash outflow has now been excluded from Everton’s most recent profit and loss account after a controversial change in accounting policy by the club that has allowed it to report lower losses – and which may give rise to a further points deduction by the Premier League.

The change in how the club accounts for debt interest comes amid intense scrutiny of its finances by the Premier League. On Monday, Everton was deducted points for the second time in the season for breaches of profitability and sustainability (PSR) rules.

Hard to see how any relegated clubs do not take action at the end of the season innit.

 

[Hiheidi]

So it looks like Chelsea tightly met 22/23 PSR by selling a hotel to themselves for £76m.

 

[Rookie]

So it looks like Chelsea tightly met 22/23 PSR by selling a hotel to themselves for £76m.

Yes, I’m sure the sale of a hotel was all above board and for value …

 

[Hiheidi]

Perfectly above board apparently. Guess Everton, Forest, Newcastle etc. will be looking at saleable non player assets to pass the next wave of FFP.

 

[pigmanovich]

Perfectly above board apparently. Guess Everton, Forest, Newcastle etc. will be looking at saleable non player assets to pass the next wave of FFP.

Ridiculous