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Financial Fair Play in League 1 (1 Viewer)

  • Thread starter skybluegod
  • Start date Jan 10, 2012
Forums New posts

skybluegod

Well-Known Member
  • Jan 10, 2012
  • #1
okay so we all want a takeover to happen this much is obvious, BUT what will it matter if we're not taken over before the end of january with the finiancial fair play rule coming in to effect most likely next season we wont be able to buy any new players as you can only spend what you earn.
 
Last edited: Jan 10, 2012
E

EleanorRigby

New Member
  • Jan 10, 2012
  • #2
skybluegod said:
okay so we all want a takeover to happen this much is obvious, BUT what will it matter if we're not taken over before the end of january with the finiancial fair play rule coming in to effect most likely next season we wont be able to buy any new players as you can only spend what you earn.
Click to expand...
There will be ways around that one don't you worry, it has already been muted that it is against the E.U. regulations on freedom of trade or something and what is earnings ? if for example the company Ricoh paid £30 million year for it's name to appear on that stadium roof isn't that earnings ?
 

coundonskyblue

New Member
  • Jan 10, 2012
  • #3
Easily ways round it. Eg transfer all non playing CCFC staff to a new sister company, that company would then provide ccfc with its 'services' which it would then charge the club a nominal £1.
 
G

Godiva

Well-Known Member
  • Jan 10, 2012
  • #4
coundonskyblue said:
Easily ways round it. Eg transfer all non playing CCFC staff to a new sister company, that company would then provide ccfc with its 'services' which it would then charge the club a nominal £1.
Click to expand...

Won't help. The FFP regulation states that it is the sum of players wages that can't exceed 55% of the club income in league 1. In this league player wages can't exceed the total income. Other operational costs does not weigh in.
 

coundonskyblue

New Member
  • Jan 10, 2012
  • #5
Godiva said:
Won't help. The FFP regulation states that it is the sum of players wages that can't exceed 55% of the club income in league 1. In this league player wages can't exceed the total income. Other operational costs does not weigh in.
Click to expand...

Didn't realise it was on income. Depending on how our attendances hold up next year I would expect us to have a fairly high income level by league 1 standards.
 

rob9872

Well-Known Member
  • Jan 10, 2012
  • #6
Does this thread belong to Guy?
 

skybluegod

Well-Known Member
  • Jan 10, 2012
  • #7
rob9872 said:
Does this thread belong to Guy?
Click to expand...

yeah just noticed that don't know why i did it tired i guess.
 

gouldberg

New Member
  • Jan 10, 2012
  • #8
I'm sure we'll be seeing teams creating sister companies left right and centre. They could then sponsor the club £15m a season in return for having their company name on the inside label on the clubs socks.

There will be workarounds.
 

rob9872

Well-Known Member
  • Jan 10, 2012
  • #9
Its ok SBG I'm as guilty because I forgot the smiley face which just makes me look an even bigger arse than normal. Here you go have two as compensation
 
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