› Forums › Latics Crazy Forum › Financial Fair Play
- This topic has 13 replies, 10 voices, and was last updated 9 years, 11 months ago by The Egg.
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25 May 2014 at 6:06 pm #131467
The Premier Greed champions just pay no regard to the rules and the fine is just taken on board with the rest of the over spending.
QPR now promoted also pay no regard whatsoever and the reward they get for promotion to The Greed is Good League totally outweighs the cost of a financial punishment.
In other words bending the rules or put another way blatant cheating.
The Premier Greed and Sky have created a monster that is out of control and has ruined English and British football.
The only way that all this cheating can be stopped is by massive points reductions or not have the FFP rules at all if it is just ignored by some anyway.25 May 2014 at 10:01 pm #131473I can’t see the FFP rules making any difference anyway, and part of me thinks the rules themselves should’t have been brought in anyway.
If a club acquires a rich benefactor who wants to through billions at a club, why should he not be allowed to?
Why if you have small income through the turnstiles should you not be able to spend your benefactors money to improve yourself if he is willing to spend it.
If in the end it all goes tits up, and your benefactor demands his money back then tough shit you go bust.
Transfer fees, wages and the amount of foreign imports would have been a better starting point.26 May 2014 at 11:17 am #131475I can’t see the FFP rules making any difference anyway, and part of me thinks the rules themselves should’t have been brought in anyway.
If a club acquires a rich benefactor who wants to through billions at a club, why should he not be allowed to?
Why if you have small income through the turnstiles should you not be able to spend your benefactors money to improve yourself if he is willing to spend it.If I remember correctly, wasn’t this how the Latics got themselves out of the 3rd tier and on their way to the premiership. Clearly it wasn’t a billionaire owner, but Mr Welan did dig deep to assemble a well-paid squad to get out of that division and then on to the premiership a couple of years later.
26 May 2014 at 12:24 pm #131476I can’t see the FFP rules making any difference anyway, and part of me thinks the rules themselves should’t have been brought in anyway.
If a club acquires a rich benefactor who wants to through billions at a club, why should he not be allowed to?
Why if you have small income through the turnstiles should you not be able to spend your benefactors money to improve yourself if he is willing to spend it.If I remember correctly, wasn’t this how the Latics got themselves out of the 3rd tier and on their way to the premiership. Clearly it wasn’t a billionaire owner, but Mr Welan did dig deep to assemble a well-paid squad to get out of that division and then on to the premiership a couple of years later.[/quote]
We on about the same Whelan here ??? that’s like comparing broken glass to diamonds ffs26 May 2014 at 1:51 pm #131477I can’t see the FFP rules making any difference anyway, and part of me thinks the rules themselves should’t have been brought in anyway.
If a club acquires a rich benefactor who wants to through billions at a club, why should he not be allowed to?
Why if you have small income through the turnstiles should you not be able to spend your benefactors money to improve yourself if he is willing to spend it.If I remember correctly, wasn’t this how the Latics got themselves out of the 3rd tier and on their way to the premiership. Clearly it wasn’t a billionaire owner, but Mr Welan did dig deep to assemble a well-paid squad to get out of that division and then on to the premiership a couple of years later.[/quote]
To be fair, at the turn of the century we were offering good salaries for the 3rd tier, but there were always clubs like Fulham who were on a different level.
The key point is that it didn’t work and only when Jewell came in and built his own squad did we get promotion and gain momentum that took us to the Premier League.
We eventually got it right, but there were several clubs who tried the same way (Darlington is the first that comes to mind).Whelan took moderate risk to get us out of the 3rd tier and he was willing to fund it.
The later successes and better financial footing came from the momentum we gathered, some signings with good resell value and not wanting to compete on salaries (eg. Portsmouth).26 May 2014 at 2:30 pm #131478We on about the same Whelan here ??? that’s like comparing broken glass to diamonds ffsIts all pro-rata. A club with an owner worth £50m that spends £5m on wages when they only have £1m coming in will go bust quicker than a club with an owner worth £5bn who spend £50m on wages with an income of £5m.
Fortunately for the Latics, Whelan’s bankrolling around the turn of the century proved a shrewd move, and the subsequent sales of the likes of Valencia & Palacios have meant that he hasn’t had to personally fund the disparity between money in and money out.
26 May 2014 at 3:10 pm #131479Chuffed as a butty for Rotherham fans.
Losing Millmoor, having the points deductions, playing in Sheffield, a new ground, promotion to div 2 and now the Championship. What a journey and thats what real football is about. Stuff the Premier Greed and the cheats like City and QPR and their manipulation of the FFP rules.
See you at New Springfield Millers. Well done.26 May 2014 at 6:46 pm #131483We on about the same Whelan here ??? that’s like comparing broken glass to diamonds ffs
Its all pro-rata. A club with an owner worth £50m that spends £5m on wages when they only have £1m coming in will go bust quicker than a club with an owner worth £5bn who spend £50m on wages with an income of £5m.
Fortunately for the Latics, Whelan’s bankrolling around the turn of the century proved a shrewd move, and the subsequent sales of the likes of Valencia & Palacios have meant that he hasn’t had to personally fund the disparity between money in and money out.[/quote]
Spot on Mutty, the thing that separates Mr Whelan from most other owners is his football background. In Uncle Dave we have the brilliant businessman who played the game at the top, the best of both worlds. He will never jeopardise the long term future of this club. Sooner or later FFP will start to bite in some form and certain clubs will be hit very hard. Lets see just how many of these billionaires start losing interest when the massive fines start mounting up.
26 May 2014 at 11:54 pm #131485Football clubs have always benefited from local industrialists contributing to the club dating back to the local mill/factory owner etc.
Dave Whelan’s investment in Latics was never wildly disproportionate and whilst we were spending hundreds of thousands on the likes of Liddell and Howarth, trying to escape the old third division, that was dwarfed by the simultaneous spending of Al Fayed at Fulham I.e, £2.5M on a centre half (Chris Coleman).The sheer scale of the financial doping (as Platini would have it) we are seeing now is isn’t remotely in the same ballpark …QPR’s debts along with Bolton’s are absurd… Whereas Man City are no
Longer a football club, they are literally an oil producing nation.And I don’t believe we have transgressed any FFP regulations (yet) or indeed any salary cap rules !
27 May 2014 at 1:39 pm #131495The whole fair play system is a joke and I would be surprised if they would be able to uphold such a large fine. I suspect it will be reduced with a suspended amount.
27 May 2014 at 3:27 pm #131496When Dave took Latics over there was no FFP rules in place. Yes we had a benefactor far outweighing our turnover etc but we didn’t bend any rules.
27 May 2014 at 4:33 pm #131498When Dave took Latics over there was no FFP rules in place. Yes we had a benefactor far outweighing our turnover etc but we didn’t bend any rules.Nor were we the highest spenders in the league at the time.
27 May 2014 at 6:28 pm #131499When Dave took Latics over there was no FFP rules in place. Yes we had a benefactor far outweighing our turnover etc but we didn’t bend any rules.
Nor were we the highest spenders in the league at the time.[/quote]
To be fair, QPR’s big spending under Fernandes was done before FFP was brought in & they weren’t signatories to the football league’s rules either.
Having committed to big money, long term contracts prior to being relegated to the football league, there was absolutely no chance that they would be able to comply with them once they were in the Championship. Whilst still spending way more than they bring in they have also shifted a lot of players off their wage bill.If Fernandes had come in after the football league’s FFP rules & splashed out £100mill but he didn’t & their transfer outlay last season of about £10mill was less than they received from the parachute payments. The rest of the players they brought in were (like Latics) either freebies or loans
27 May 2014 at 7:06 pm #131501When Dave took Latics over there was no FFP rules in place. Yes we had a benefactor far outweighing our turnover etc but we didn’t bend any rules.
Nor were we the highest spenders in the league at the time.[/quote]
To be fair, QPR’s big spending under Fernandes was done before FFP was brought in & they weren’t signatories to the football league’s rules either.
Having committed to big money, long term contracts prior to being relegated to the football league, there was absolutely no chance that they would be able to comply with them once they were in the Championship. Whilst still spending way more than they bring in they have also shifted a lot of players off their wage bill.If Fernandes had come in after the football league’s FFP rules & splashed out £100mill but he didn’t & their transfer outlay last season of about £10mill was less than they received from the parachute payments. The rest of the players they brought in were (like Latics) either freebies or loans[/quote]
My comment was more in response to Mutty’s and everyone in the media at the time who said we bought the league/promotions that we won.
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› Forums › Latics Crazy Forum › Financial Fair Play