I was sceptical that it would be a good thread, primarily because you posted the link...but actually, yes it is.
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I was sceptical that it would be a good thread, primarily because you posted the link...but actually, yes it is.
There’s an account linked to a slush fund linked to a trust fund linked to a tax haven…
At least, that’s what the forensic accountant has managed to work out thus far.
according to the deloitte money league 2024, Liverpool don't make much more than us despite their huge following and recent success .
for a club that's just managed to finish 4th once in the last 4 seasons , thats pretty impressive from Levy to give him his credit.
I suppose the question is more if you’re a Villa, Everton, Newcastle etc can you ever expect to realistically fight for the league as long as these restrictions are in?
Then I guess on the other hand would they have a chance anyway… Newcastle would.
There needs to be some sort of system to try and limit how much everyone can spend. It’s also an issue that the PL is SO far ahead of the other European leagues, we’re starting to see that in the CL the way city could sweep aside Real, United even beat Barca.. clubs like Sevilla and Valencia are basket cases in huge debt and ‘great story Girona’ are fucking owned by City!
The only way seems to be a freak season like Leicester.
Otherwise it's the ENIC approach of slowly building revenues and competing over time. That's taken 20 years and we haven't won anything but on paper we have just as much chance as the rest of the big teams if looking at the next 10 years.
Pep is the thorn in everyone's side though. Need him to fuck off and winning the PL becomes an option.
When they haven't been completely mismanaged, they've always been in or around the top places anyway.
according to the deloitte money league 2024, Liverpool don't make much more than us despite their huge following and recent success .
for a club that's just managed to finish 4th once in the last 4 seasons , thats pretty impressive from Levy to give him his credit.
We were some of the luckiest people alive the day ENIC walked through the door and some bright young thing looked around, stared his doubters in the eye and said one day we are going to have the best stadium in the world and people are going to fear any negotiations with Tottenham Hotspur Football Club.
It is moronic. If people don’t understand why we aren’t then they must be pretty thick. We get bashed by idiots for no trophies but do they not stop for a minute and realise partly why is to do with this. There’s no point explaining it to them.
Of course they can. Their owners could fairly grow the club through their stadium and commercial deals. Sure it might take a fucking decade plus like it has for us but you can get there as a club. It’s not a quick fix as we well know. See my post above etc.
Spurs as a, “cartel club”?
Fucking hell.
I need to find the right gif for this…
Fucking hell.
I need to find the right gif for this…
I don't think so at all. FFP didn't come in until after Citeh. It was well after Pompey and even longer since Leeds. They might have been part of the bill, but stopping another City, after Chelsea had already bought their slot, was what was pitched. Supporters thought that meant making things "fair" in the vein of restoring football to a on-pitch meritocracy where the dream of the pyramid was still valid.It was sold primarily to stop Portsmouth and Leeds happening again.
It does mean that a sugar daddy can't come in and pump money in very easily and possibly bankrupt the club. Without ffp Everton would be in a lot deeper hole as the owners would have pissed more money up the wall before the Russian ruble was cut off.
Richard Arlison Clubs having to sell players because they are living beyond their means isn't a side effect of ffp, it's the purpose.
In reality, it meant that 6 or so clubs buttressed themselves against any real future threat of relegation and practically guaranteed that among the 6 of the European riches would be a practical monopoly minus the odd trick or two.
FFP turned round Premier League clubs’ losses and helped restore Liverpool | David Conn
Uefa’s desire to encourage long‑term investment instead of owners bankrolling losses on wages is working
www.theguardian.com
The idea has grown that FFP was specifically introduced after the big clubs lobbied to prevent Manchester City competing with them, based on the new Abu Dhabi fortunes. Senior people who were involved in developing the regulations reject that; one recalled that discussions about incorporating financial discipline into Uefa’s licensing system continued for years and the detailed work began on creating FFP in 2008.
From Greaves in '66 to Manchester City, many football fans live in alternative reality
City were in crisis then, at risk of becoming a classic illustration of the need for such rules. Their owner for a single season, the former prime minister of Thailand Thaksin Shinawatra, had backed heavy spending but was then accused of corruption in his homeland and had his assets frozen. City made a loss of £33m but Thaksin had no more money to fund it. That year, 13 clubs in the Premier League, the world’s richest, made losses, and six subsequently fell into some form of crisis after their owners decided they could no longer keep pouring the money in.
When it passed
Premier League clubs vote in favour of FFP
Premier League clubs have voted in favour of introducing a Financial Fair Play deal and restrictions on wages
After the meeting, West Ham joint-chairman David Gold said that a majority did vote in favour of the proposals.
"The clubs supported change. We've all voted and it was overwhelmingly supported. Some clubs are a little concerned, but the vast majority voted in favour," he told Sky Sports. "That will now go to the board for putting into rules, and we'll vote on that in April."
Gold added: "It's not a salary cap, it's a restraint on over-spending. It's not a cap - it's a restraint. If clubs increase their revenues then they can increase their spending.
"We have got restraint, that's the important thing. What's driving the whole thing is we've got to avoid another Portsmouth.''
Something like FFP was always going to happen. Just like banking football was a Wild West of crooks, it needed a sheriff.
Regulations like wages being 70% or less of turnover will mean clubs can’t stretch themselves to breakpoint trying to keep up and if owners want to invest so as to spend more they can always build bigger better stadiums that generate cash like we have done as infrastructure is except from FFP spending.
Long term this will also feed down the football food chain. Of course it will mean lower wages for players and smaller transfer fees but they already get enough as it is.
Regulations like wages being 70% or less of turnover will mean clubs can’t stretch themselves to breakpoint trying to keep up and if owners want to invest so as to spend more they can always build bigger better stadiums that generate cash like we have done as infrastructure is except from FFP spending.
Long term this will also feed down the football food chain. Of course it will mean lower wages for players and smaller transfer fees but they already get enough as it is.
Man Shity second biggest club in the world. What an absolute dog shit world this can be ! Without their creative accounting I can’t picture them above the likes of Villa in any terms.according to the deloitte money league 2024, Liverpool don't make much more than us despite their huge following and recent success .
for a club that's just managed to finish 4th once in the last 4 seasons , thats pretty impressive from Levy to give him his credit.
according to the deloitte money league 2024, Liverpool don't make much more than us despite their huge following and recent success .
for a club that's just managed to finish 4th once in the last 4 seasons , thats pretty impressive from Levy to give him his credit.
Ha ha!! The fact he's only managed to build / invest in a team that has such a dismal record, despite our financial might, is to his discredit , Surely?
Spurs yes, Brentford no, Brighton hard maybe.
And Spurs had history - late 90s were rough, but we're talking about a club who had a very long history of finishing top half of the first division and winning cups. Spurs
B&B's reputations are being burnished bright from short-term recent results.
Today's PL darlings, a la Southampton and Swansea. I think they're better positioned than those clubs were, but continuing good results is difficult and they're just as likely to tumble back into the championship soon.
The old joke.FFP turned round Premier League clubs’ losses and helped restore Liverpool | David Conn
Uefa’s desire to encourage long‑term investment instead of owners bankrolling losses on wages is working
The idea has grown that FFP was specifically introduced after the big clubs lobbied to prevent Manchester City competing with them, based on the new Abu Dhabi fortunes. Senior people who were involved in developing the regulations reject that; one recalled that discussions about incorporating financial discipline into Uefa’s licensing system continued for years and the detailed work began on creating FFP in 2008.
From Greaves in '66 to Manchester City, many football fans live in alternative reality
City were in crisis then, at risk of becoming a classic illustration of the need for such rules. Their owner for a single season, the former prime minister of Thailand Thaksin Shinawatra, had backed heavy spending but was then accused of corruption in his homeland and had his assets frozen. City made a loss of £33m but Thaksin had no more money to fund it. That year, 13 clubs in the Premier League, the world’s richest, made losses, and six subsequently fell into some form of crisis after their owners decided they could no longer keep pouring the money in.
How do you become a millionaire?
Start out a billionaire and buy a football club.
Can’t remember which other poster I had a convo with some time ago. We both have friends/ acquaintances who (part-) own football clubs and have some idea of the money you need to pour into a club to sustain it.
Anyone with a subscription to The Athletic should read the story of how Mike Piazza, a famous ex-baseball player, bought and folded a lower division Italian team. Eye-opening.
Pretty impressive from the fans that go and contribute towards this via tickets, match day spending etc - bald cunt has just created a vehicle to exploit the longstanding and long suffering, but wealthy fanbase. The revenue isn’t driven by smart commercial deals or player sales, it’s the fans that fund thisaccording to the deloitte money league 2024, Liverpool don't make much more than us despite their huge following and recent success .
for a club that's just managed to finish 4th once in the last 4 seasons , thats pretty impressive from Levy to give him his credit.