financial fair play

[USA_Loyal_Royal]

so how is this new financial fair play going to affect our club? from what i understand, you can only spend up to 3m more in addition to the profits that the club makes in a transfer window starting in the 13-14 season. since reading doesnt make a profit, but minimal losses each season how much will be available for us to spend? AZ said something about 30m given to adkins and others say a more modest 10m is likely, will we be able to do this based on the new rules?

im probably misunderstanding part of this as i havent been able to read up on it very much, but to me it seems like this is going to give the larger clubs more of a stronghold and make smaller clubs less likely to compete.

[SydenhamRoyal]

so how is this new financial fair play going to affect our club? from what i understand, you can only spend up to 3m more in addition to the profits that the club makes in a transfer window starting in the 13-14 season. since reading doesnt make a profit, but minimal losses each season how much will be available for us to spend? AZ said something about 30m given to adkins and others say a more modest 10m is likely, will we be able to do this based on the new rules?

im probably misunderstanding part of this as i havent been able to read up on it very much, but to me it seems like this is going to give the larger clubs more of a stronghold and make smaller clubs less likely to compete.

its complicated, but it looks like we wont be affected if we get promoted next season

http://www.danielgeey.com/football-leag ... egulation/

[Royal91]

"Clubs relegated from the PL will not be subject to sanctions in their first season in the Championship as long as they have complied with all relevant PL regulations. The club would however be fined if it achieved promotion in its first season in the Championship whilst not complying with the FFP regulations".

This would mean AZ cannot pump loads of money in to get that desired promotion.

But because of the TV deals ect our parachute payments are larger this time around (In the first season of relegation), does that mean we technically have 'once chance' of pumping loads of money in to get promotion because the TV revenue means we can spend within our means.

[SydenhamRoyal]

"Clubs relegated from the PL will not be subject to sanctions in their first season in the Championship as long as they have complied with all relevant PL regulations. The club would however be fined if it achieved promotion in its first season in the Championship whilst not complying with the FFP regulations".

This would mean AZ cannot pump loads of money in to get that desired promotion.

But because of the TV deals ect our parachute payments are larger this time around (In the first season of relegation), does that mean we technically have 'once chance' of pumping loads of money in to get promotion because the TV revenue means we can spend within our means.

The FL explained that “there will be no sanctions implemented during the first two seasons (2012/13 and 2013/14) in order to give clubs a sensible period of transition".

[Rev Algenon Stickleback H]

The rules look so slack that I think hardly anyone would be impacted if the rules were applied right now.

It's looks like they brought something in that makes it look like they are doing something, but doesn't really mean much has to change at all.

[AkpansBFF]

Your allowed to spend the money in from sponsors. So Antons dads company can sponsor us 50m then we can spend it I believe.

[FridaysGhost]

Whilst rules have changed in European football, I must admit I have ignored the consequences entirely being totally committed (in the few minutes I have) to looking at RFC, the outgoers, the incomers and so on.

I have presumed that our lack of recent incomers is due to the Pogrebnyak salary and the FP Rules.

If this is true, potential signings on this area of the site are all purely hope. Can someone tell me and the rest of the board if my view of this is true?

My lacking knowledge of the FP Rules seems to have something to do with income and Players Salaries. Can someone elucidate?

[PieEater]

We are subject to the rules now, just not the penalties.

What's not entirely clear is how they will tackle ways around it, you can run at a significant loss - even more if you have someone to bankroll it, as well as other sponsorship or naming rights fiddles. They'll also need to clamp down on 3rd party payments where players can't get paid directly from the owner or one his offshore companies rather than the club.

[Green]

If the only penalties are financial, as the likes of Royal91 seem to be suggesting, then how much of a deterrent really is that for someone who's prepared to bankroll their way to success?

Sounds to me like this will keep the accountants busy but have very little impact on how clubs are run. Nice idea though.

[PieEater]

For teams in the FL they can also impose a transfer ban, if the team gets bankrolled to the PL all they can do is fine them.

[Hoop Blah]

And for teams looking to get into Europe they then have UEFA rules that I think would stop them entering competitions if their house wasn't in order.

[Green]

I really do applaud all this and I've been championing for years, but my fear is that it's too little too late. Now football has become such a business it's so hard to stop it, and you'll probably get clubs suing UEFA for loss of earnings or anti competition laws or something if they try and impose that.

[Alexander Litvinenko]

I really do applaud all this and I've been championing for years, but my fear is that it's too little too late. Now football has become such a business it's so hard to stop it, and you'll probably get clubs suing UEFA for loss of earnings or anti competition laws or something if they try and impose that.

'Greed, but the problem with just about everything in football is that that it's self-governing, so any changes can only be made by those who they affect, which massively slows down the rate or progress. Try and go too far and it'll never be agreed, so it has to be done using "salami tactics."

Twelve years ago I remember a senior football administrator saying that there'd never be a fit and proper persons test or equivalent because "the club owners would never allow it". Now every league has one and it's been strengthened three times - so we are making slow progress but that's how it works ... in stages.

[Green]

What exactly is a "persons test"?

If it's taken 12 years to get that in then we might as well all pack up and go home

[Alexander Litvinenko]

What exactly is a "persons test"?

If it's taken 12 years to get that in then we might as well all pack up and go home

I assume a whoosh is due me, but I'll bite ....

It's a "fit and proper persons" test - it's the people being tested, not the test.

[Green]

I don't know anything about it but it sounds like a trivial bit of red tape to me that has taken 12 years to implement. You've cited it as an example of how the game is changing for the better so I am indeed curious rather than on a wind up.

What are we talking here, the groundstaff have to pass horticulture exams? Or are players drug tested?

[Alexander Litvinenko]

It's now the "Owners & Directors Test" - it's where the bona fides and past financial history of anyone holding a stake of 10% or more in a club is checked out.

Still pitifully weak, but 12 years ago there was nothing like it, so every improvement is good news - and it does get stronger with every revision, which was the point of my post.

[Green]

ok, fair fooks

[maffff]

and Daniel Striani / Jean Louis-Dupont (the Bosman lawyer) are already challenging financial fair play claiming that the "break-even rule" will:
* restrict investment in clubs;
* that it will entrench the existing status quo;
* reduce the number of transfers and therefore
* dampen salary levels of players. Ultimately he will argue that it will
* affect Striani's own income.

Although they've been told it could take 5 years for their case to be heard.

[Gordons Cumming]

Is there anyone out there who wants a misfiring Russian?

Please...................