New fair financial play rules (1 Viewer)
- Thread starter Glen
- Start date
kingharvest
New Member
Been going through my head a lot as well. 65% of not a lot is not a lot of wages!
italiahorse
Well-Known Member
Not sure how this works. If SISU buy the stadium for £40M and then get several million income from all the additional stadium revenue streams. Do we forget the capital used for buying the stadium in the calculations but utilise the 65% from the revenue streams. If they build hotels etc on the site can they use the income from these to finance the team.
Brighton Sky Blue
Well-Known Member
Rules explained here:
http://www.football-league.co.uk/page/FLExplainedDetail/0,,10794~2748246,00.html
Basically, we provide the League with our budget at the start of the season and at various points during it. If you exceed the threshold, you're put under a transfer embargo-more to the point, you can be barred from making signings that could take you over it-in other words, if our wages are too high come the start of the season, we'll be barred from signing anyone.
http://www.football-league.co.uk/page/FLExplainedDetail/0,,10794~2748246,00.html
Basically, we provide the League with our budget at the start of the season and at various points during it. If you exceed the threshold, you're put under a transfer embargo-more to the point, you can be barred from making signings that could take you over it-in other words, if our wages are too high come the start of the season, we'll be barred from signing anyone.
But what is income ? Gate money obviously, the bit of TV money, no catering for us. But what about shirt sponsor money does that go towards it. And what if we get drawn away at Old Trafford or the Emirates in the FA cup will that boost our income above poor little Exeter for example who lose away at Colchester in front of 3000, hardly fair is it. What if a new owner wanted tp pump finance into a club, is he going to be stopped and is that restaint of trade ? I see fun and games ahead but you can see why SISU wanted us to go down, there will be no promotion whilst they are running things.
smouch1975
Well-Known Member
Any mega rich owner needs to be in and spent up by 2014
Grendel
Well-Known Member
Owners will be allowed to invest £6million next season, £5million the following and £3million the following season.
Financial losses per season will also be curbed under the new regulations.
Clubs will be allowed to record a £4million loss next season, £3million per season for the next two campaigns, and £2million per season from 2015-16 onwards.
Financial losses per season will also be curbed under the new regulations.
Clubs will be allowed to record a £4million loss next season, £3million per season for the next two campaigns, and £2million per season from 2015-16 onwards.
Diehard Si
New Member
Bear in mind you can't add 6 to 4 also. If SISU pump in 5million that's fine, but that's a loan amount and won't be classed as revenue. That 5 million was to cover the losses for the year, therefore we've gone over the 4million loss limit.
They would only be allowed to put 6m in, if it looked like a 2m profit was going to be made.
Obviously just apply same logic to league 1 limits
Diehard Si
New Member
However this surely just highlights the need for whoever owns us to also own the stadium. Vital
Brighton Sky Blue
Well-Known Member
The League 1 and 2 rules seem a lot more basic than those being implemented in the Championship-the only criterion to follow is that wage expenditure is kept below the specified % of turnover. I'd be interested to know more about the turnover of other clubs in the division to see where Fisher's quote of £2.5-3m puts us.
