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March 29 2024 2.04pm

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View Spiderman's Profile Spiderman Flag Horsham 19 Aug 20 7.36am Send a Private Message to Spiderman Add Spiderman as a friend

I have just delved into another message board, a poster on there has stated that FFP has been suspended for this season due to Covid. Has anyone else heard this? Can't see it being true but who knows.
It came up as it was suggested that, although Villa were the 2nd highest spenders in Europe last season, they are on the verge of signing Watkins

 

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View Badger11's Profile Badger11 Flag Beckenham 19 Aug 20 8.38am Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Spiderman

I have just delved into another message board, a poster on there has stated that FFP has been suspended for this season due to Covid. Has anyone else heard this? Can't see it being true but who knows.
It came up as it was suggested that, although Villa were the 2nd highest spenders in Europe last season, they are on the verge of signing Watkins

It wouldn't surprise me the bigger clubs lose out on gate money and merchandising more than we do so if they sneeze the rest of us catch cold.

 


One more point

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View becky's Profile becky Flag over the moon 19 Aug 20 9.43am Send a Private Message to becky Holmesdale Online Elite Member Add becky as a friend


Here you go......


[Link]

 


A stairway to Heaven and a Highway to Hell give some indication of expected traffic numbers

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View Spiderman's Profile Spiderman Flag Horsham 19 Aug 20 9.48am Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by becky


Here you go......


[Link]

Many thanks. Mr Bloom may well dip further into his pocket then! Wonder if our owners will

 

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BlueJay Flag UK 19 Aug 20 9.52am

Originally posted by Spiderman

I have just delved into another message board, a poster on there has stated that FFP has been suspended for this season due to Covid. Has anyone else heard this? Can't see it being true but who knows.
It came up as it was suggested that, although Villa were the 2nd highest spenders in Europe last season, they are on the verge of signing Watkins

I think they were considering relaxing FFP regulations even before the s*** really hit the fan, so it wouldn't surprise me. Wasn't something announced a couple of months back about a 12 month suspension of it.

edit: I should've checked the above link rather than first post ha

Edited by BlueJay (19 Aug 2020 9.53am)

 

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View doombear's Profile doombear Flag Too far from Selhurst Park 21 Aug 20 8.47am Send a Private Message to doombear Add doombear as a friend

Originally posted by Spiderman

Many thanks. Mr Bloom may well dip further into his pocket then! Wonder if our owners will


Now, now Spider, you know better than to ask a silly question like that. Our owners don't have pockets do they? (or if they do, they've sewn them up).

 

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View Badger11's Profile Badger11 Flag Beckenham 21 Aug 20 9.04am Send a Private Message to Badger11 Add Badger11 as a friend

They should simply the rules after all FFP is supposed to be about stopping clubs going bankrupt trying to buy success.

If your club has a rich owner why shouldn't they be allowed to pump in his own money?

I would go for something like this:

1. Each club must lodge a bond worth £nn with the league. In the event of the club going bust the league can draw on this bond to pay creditors. The bond would be issued by a bank on behalf of the club so will appear on their books as an outstanding debt. Rather like a mortgage this would impact on how much more money a club could borrow.

2. All clubs must produce annual accounts signed off by auditors and by a date before the start of the season. Failure to do that will result in sever penalties.

3. Wages and taxes must be paid on time subject to penalties.

4. Operating losses must not exceed a certain percentage however it is okay for the owners to pump money into the club to reduce these if they want to.

5. Players wages would no longer be guaranteed to be paid 100% if the club fails, they are just another creditor.

Players agents would therefore be more interested in the financial health of a club. Clubs that were a bit dodgy would find trouble signing players and so would have to clean up their act.

This is all pretty basic but should allows owners to fund their clubs whilst protecting fans from the dodgy ones.

 


One more point

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View Eaglecoops's Profile Eaglecoops Flag CR3 23 Aug 20 6.10am Send a Private Message to Eaglecoops Add Eaglecoops as a friend

Originally posted by Badger11

It wouldn't surprise me the bigger clubs lose out on gate money and merchandising more than we do so if they sneeze the rest of us catch cold.

Interesting analogy given the circumstances!

 

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View Spiderman's Profile Spiderman Flag Horsham 23 Aug 20 7.28am Send a Private Message to Spiderman Add Spiderman as a friend

Originally posted by Spiderman

I have just delved into another message board, a poster on there has stated that FFP has been suspended for this season due to Covid. Has anyone else heard this? Can't see it being true but who knows.
It came up as it was suggested that, although Villa were the 2nd highest spenders in Europe last season, they are on the verge of signing Watkins

Just seen that Villa are allegedly planning a bid for Eduoard, Watkins and Benrahma. If true and it’s a big IF they really are sticking 2 fingers up to ffp

 

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