FFP latest predictions

[Bwian]

I do, yes.

The clubs agreed to the FFP thing in the first place. If they thought it wasn't going to be attainable, why not make them more achievable at the start? That's what I don't grasp. Or vote unilaterally against the whole concept of FFP from the off.

Typical of football these days-no principles. 'They' put some rules in place to stop clubs over-spending and putting many clubs at a disadvantage, then, just before a few were going to be punished-they change the frigging rules to accommodate the over spenders. Total waste of time. It's almost as if Sepp Blatter and Platini were involved...

I suppose the only good to come out of it is The Albion looked hard at their finances and drastically reduced running costs. We've got a shit product to watch this season but the debts are coming down!

 

[Bwian]

Surely the reduction in parachute payments is only acceptable if the difference is handed over in the form of solidarity payments ?

Bit early to be out on the beer isn't it?

 

[Mackenzie]

So do the new regulations give our club a better or worse chance of promotion? I'll freely admit, I'm at a bit of a loss with all of this.

 

[Everest]

Typical of football these days-no principles. 'They' put some rules in place to stop clubs over-spending and putting many clubs at a disadvantage, then, just before a few were going to be punished-they change the frigging rules to accommodate the over spenders.

No they're not.
The rules stay in place for 3 seasons.
Anybody overspending in this timeframe will still be punished as planned.

 

[Bwian]

Bloody irresponsible decision if you ask me. Spend what you want but never pay it back, that's what they are really saying.

Ah, the Crystal Palace model of football finances.

 

[Bwian]

No they're not.
The rules stay in place for 3 seasons.
Anybody overspending in this timeframe will still be punished as planned.

And those that have over-spent this season? What's happening to them? The new rules SHOULD have been put in place starting next season with non-compliant clubs punished as per the original plans.

 

[Bwian]

Anybody overspending in this timeframe will still be punished as planned.

Do you honestly believe that? When it gets nearer the punishment deadline they'll move the goalposts again to suit.

 

[El Presidente]

Does this now put him in a position where he can justifiably sell the club to a foreign investor with squillions to pump in whilst maintaining his status as club legend?

I honestly think it is highly improbable because

(a) he likes his status as chairman, he is remember, an Albion fan, and therefore cares about the club future.

(b) would make a huge loss if the club was sold, realistically he would struggle to get back more than £20-30 million as the main asset is a single purpose property than is unused 340 days a year, and the underlying business loses (in a good year) £100,000 a week (and three times that in a bad year).

 

[London Irish]

Being reported just now that the clubs have voted to loosen the terms of FFP now.

PATHETIC.

Wow - who saw that coming

 

[Everest]

And those that have over-spent this season? What's happening to them? The new rules SHOULD have been put in place starting next season with non-compliant clubs punished as per the original plans.

Read the report.
The new rules come into force for the 2016/17 season.
The existing Championship FFP framework will remain in place for the 2014/15 and 2015/16 seasons.
Any sanctions for accounts relating to the 2013/14 season will continue to take effect as intended (and in accordance with the amounts specified at the time).

 

[Turkey]

So do the new regulations give our club a better or worse chance of promotion? I'll freely admit, I'm at a bit of a loss with all of this.

It means in 2 seasons time we can throw more money at it if we want too. I doubt we will though, as the club has continually and rightly said, losing money is a bad way to run any club/business. So maybe it'll make it harder if other clubs throw money at it.

 

[El Presidente]

Wow - who saw that coming

If people listened to the Albion Roar a few weeks ago....

 

[seagullsovergrimsby]

Bit early to be out on the beer isn't it?

The FL and PL are currently discussing the way forward on solidarity payments.

 

[Bwian]

Read the report.
The new rules come into force for the 2016/17 season.
The existing Championship FFP framework will remain in place for the 2014/15 and 2015/16 seasons.
Any sanctions for accounts relating to the 2013/14 season will continue to take effect as intended (and in accordance with the amounts specified at the time).

Thanks for clearing that up.

I take it all back. Well done FL and PL.

Now let's see what happens in Dec/Jan...

 

[Mackenzie]

It means in 2 seasons time we can throw more money at it if we want too. I doubt we will though, as the club has continually and rightly said, losing money is a bad way to run any club/business. So maybe it'll make it harder if other clubs throw money at it.

Thanks. Hopefully we can mount a challenge in the next couple of seasons then.

 

[Bwian]

The FL and PL are currently discussing the way forward on solidarity payments.

They need to.

 

[Everest]

Thanks for clearing that up.

I take it all back. Well done FL and PL.

Now let's see what happens in Dec/Jan...

It's all very confusing to start with.


Well, it is for some

 

[Bwian]

It's all very confusing to start with.


Well, it is for some

For those of us whose reading of the report was skimming NSC you mean?

I still don't trust those in charge of the game and will be shocked beyond belief if they take any action this season.

 

[Cadiz Seagull]

Bloody irresponsible decision if you ask me. Spend what you want but never pay it back, that's what they are really saying.

that's absolutely NOT what they are saying.

 

[eaglejez]

Typical of football these days-no principles. 'They' put some rules in place to stop clubs over-spending and putting many clubs at a disadvantage, then, just before a few were going to be punished-they change the frigging rules to accommodate the over spenders. Total waste of time. It's almost as if Sepp Blatter and Platini were involved...

I suppose the only good to come out of it is The Albion looked hard at their finances and drastically reduced running costs. We've got a shit product to watch this season but the debts are coming down!

1. The rules don't change for 2 years.
2. Brighton have been making losses for years
3. Whatever FPP adjusted accounts look like they don't change the real world losses that your Chairman have to bear ie why on earth do any rule changes on artificial accounting mean you will have more money to spend if you are still losing loads in the real world
4. TB has spent 150m that he has totally gifted the club so you don't pay any interest and yet you still make losses (and you take all the income from the stadium but ignore the costs that anyone else would need to account for if they got a new stadium on an arms length basis)
5. You get 4.8m pa from the Premier League. You ticket income is 8.7m. You wages and social security costs are 21m
6. Your accounts will look even worse when you have to start depreciating the stadium (though not for FPP)

Obviously I'll get slaughtered for posting this but everything above is true (source: Brighton's accounts !)