• All - as you will understand, the forum is exceptionally busy at this time. The admins and moderators simply don't have time to read every post in every thread. Could you PLEASE use the "Report" option below a post to flag any content that you feel we need to be aware of. We'll review everything reported as a priority and deal with it accordingly. Thank you.

Financial Fair Play (FFP)

Mr. Blonde

Jack Burkitt
Hang on - couldn't we use the same loophole but in reverse?
1709814649819.png
 

Flaggers

May not be the best moderator on LTLF, but he's...
LTLF Minion
Football is now played in lawyers offices and courtrooms. Not on the actual field.

Sent from my SM-S911B using Tapatalk
Well..if they will turn it from a sporting contest into a commercial business entity, what do they expect?
 

Redemption

One less gobshite...

Hang on - couldn't we use the same loophole but in reverse?

That was my initial thought, however we have already submitted our accounts and admitted the breach. I think we'll be arguing the technicalities of the the breach.
It is only the business plan for this season that the ruling exempts them from.

It comes from badly written clause in the rules.

So, it's not commutative, because the EPL doesn't have that rule.
 

Robertson

Geoff Thomas
Half the league will be in breach over the next few years at this rate.

Sent from my SM-G990B using Tapatalk
Exactly. It’s broken. Or at least the rules don’t match the financial realities.

I see some similarities with the City Council declaring bankruptcy. Yeah they got there sooner, and probably have themselves to blame for that in part, but it’s coming for a lot of others as well sooner or later unless something changes.
 
Last edited:

Erik

oopsy daisy!
LTLF Minion
Nottingham Forest have pleaded guilty to breaching FFP limits and the commission has decided that whilst a points deduction is not deemed necessary due to the nature of the breach all Forest's games for the rest of this season will be refereed by Paul Tierney.

Nottingham Forest have appealed the decision and have requested a reduced punishment of an 18 point penalty.
 
So Chelsea have made a loss of 90.1m for 2022/23, In 2021/22 they made a loss of 121.4m and in 2020/21 they made a loss of 145.6m. So overall they have made a loss of £357.1m over 3 years, Yes they can deduct a lot of things from that but how does he make it below the 105m allowed

Hellfire, is that true?
 

PlayedOnGrass

First Team Squad
Exactly. It’s broken. Or at least the rules don’t match the financial realities.

I see some similarities with the City Council declaring bankruptcy. Yeah they got there sooner, and probably have themselves to blame for that in part, but it’s coming for a lot of others as well sooner or later unless something changes.
Sorry - I really don't see how the two are linked.
The City Council hasn't got enough money for multiple reasons
Most football clubs are owned by seriously rich individuals, consortiums or countries who have plenty of money but aren't being allowed to spend it!
In our case - if we were allowed to spend more money - it would stimulate the economy, which in turn would generate more money for the bankrupt council
 

Redemption

One less gobshite...
if we were allowed to spend more money - it would stimulate the economy, which in turn would generate more money for the bankrupt council
That's not exactly right.

The money that we're not allowed to spend would mostly leave the the local economy. The fees for players, will leach out directly. The wages for incoming players would mostly go to whatever investment vehicles the players use for their excess wages.

Some success might come from it, and it might increase the multiplier slightly, but not in way that revenue would flow to the council.

Let's say the most direct outcome of on-field success was more fans spending more money at venues away from the stadium, pre and post match and for none black-out games, during the game too. I would include here food, drink, hotels.

It wouldn't generate enough that it would have a direct effect on business rates. Any taxable profits would accrue to Whitehall.

The most likely effect would be a small uptick in employment, which would have a positive multiplier but small. Welcome, nevertheless.
 

PlayedOnGrass

First Team Squad
That's not exactly right.

The money that we're not allowed to spend would mostly leave the the local economy. The fees for players, will leach out directly. The wages for incoming players would mostly go to whatever investment vehicles the players use for their excess wages.

Some success might come from it, and it might increase the multiplier slightly, but not in way that revenue would flow to the council.

Let's say the most direct outcome of on-field success was more fans spending more money at venues away from the stadium, pre and post match and for none black-out games, during the game too. I would include here food, drink, hotels.

It wouldn't generate enough that it would have a direct effect on business rates. Any taxable profits would accrue to Whitehall.

The most likely effect would be a small uptick in employment, which would have a positive multiplier but small. Welcome, nevertheless.
It was a little tongue-in-cheek!
However, the better and more successful we become as a club, the higher the profile of the city across the UK and abroad (as back in Cloughies day) this in turn generates tourism and brings more visitors to the city
We expand the ground and have multiple conference centres, we host high profile concerts and sporting events - these all bring visitors to our city
All of this creates jobs! - All the empty shops become occupied again which generates rates and the ecomony grows.
It really isn't rocket science.
 

Robertson

Geoff Thomas
Sorry - I really don't see how the two are linked.
The City Council hasn't got enough money for multiple reasons
Most football clubs are owned by seriously rich individuals, consortiums or countries who have plenty of money but aren't being allowed to spend it!
In our case - if we were allowed to spend more money - it would stimulate the economy, which in turn would generate more money for the bankrupt council
They aren't connected in that way you're right.

I was meaning more in terms of a problem which everyone else sees as something that is happening some to some other idiot, but is closer to happening to them than they may realise.

More specifically, I predict that unless things change lots more councils will be in the same boat soon, as will lots of football clubs and FFP.

Of course, the situation with councils finding themselves unable to provide the basic services they are obliged to is a lot more serious than a football club having to sell a few players or gettting points taken off them and getting relegated.
 
Last edited:

Redemption

One less gobshite...
t really isn't rocket science.
100 years of economic development theory and practice and city centres across the globe are full of empty premises that no one knows how to fill.

I live in Liverpool. Whatever you think of the club, LFC brings in tourists all year round to do stadium tours and museum visits. Liverpool City centre is littered with empty shops.

But you know your rocket science !
 

Lefkasman

Ian Bowyer
100 years of economic development theory and practice and city centres across the globe are full of empty premises that no one knows how to fill.

I live in Liverpool. Whatever you think of the club, LFC brings in tourists all year round to do stadium tours and museum visits. Liverpool City centre is littered with empty shops.

But you know your rocket science !
It's finished and I don't know what the answer is. The days of having a wander around town and maybe having something to eat and treating yourself to some clothes are gone. My Mam used to love days out with her pals travelling to different towns and buying stuff.
People don't have the money anymore, plus online shopping is so easy (guilty).
Even towns like Louth that are full of independent shops are taking a hit.
It's a shame

Sent from my M2003J15SC using Tapatalk
 

PlayedOnGrass

First Team Squad
100 years of economic development theory and practice and city centres across the globe are full of empty premises that no one knows how to fill.

I live in Liverpool. Whatever you think of the club, LFC brings in tourists all year round to do stadium tours and museum visits. Liverpool City centre is littered with empty shops.

But you know your rocket science !
I know that Forest will never be as big as Liverpool - but as football club - they do a lot of things right and that is what Forest should be doing on a smaller scale.
I realise that there are empty shops everywhere in all major cities - it is a major problem with no easy answers
Living in Liverpool, you should know more than most the huge economic benefits of having a successful globally renowned football club in the city (God it hurt saying that last bit :frustration: )
 

Cortez the Killer

Impressive member
Part of me thinks that these recent adjustments to football - VAR decisions, added-on time, contentious refereeing, 5 subs, etc - are all about creating a more dramatic entertainment in football (totally not needed, in my opinion), such as more teams challenging at the top and more teams caught up in relegation battles at the bottom. This drama is exacerbated by Sky's over the top analysis and punditry, which in turn means that interest is focused on more games, which in turn means that advertising, etc, can be charged at a premium.

So the potential points deduction announcement, the day before we go to Luton, plays into this narrative.
Us fans are the last people these football lawyers and accountants are concerned with.

Sent from my SM-G780G using Tapatalk
 

PlayedOnGrass

First Team Squad
Part of me thinks that these recent adjustments to football - VAR decisions, added-on time, contentious refereeing, 5 subs, etc - are all about creating a more dramatic entertainment in football (totally not needed, in my opinion), such as more teams challenging at the top and more teams caught up in relegation battles at the bottom. This drama is exacerbated by Sky's over the top analysis and punditry, which in turn means that interest is focused on more games, which in turn means that advertising, etc, can be charged at a premium.

So the potential points deduction announcement, the day before we go to Luton, plays into this narrative.
Us fans are the last people these football lawyers and accountants are concerned with.

Sent from my SM-G780G using Tapatalk
Have you heard the theory that all of these VAR decisions and additional time etc. is aimed at elongating the games to the point where we play 4 quarters instead of the traditional 2 halves because of the additional revenues that could be generated from the commercial breaks.
Contrary to public opinion this Conspiracy theory has nothing to do with more than 50% of EPL teams being owned by Americans who were bought up on the NFL format.
 

UnFrustratedRed

Grenville Morris
It's finished and I don't know what the answer is. The days of having a wander around town and maybe having something to eat and treating yourself to some clothes are gone. My Mam used to love days out with her pals travelling to different towns and buying stuff.
People don't have the money anymore, plus online shopping is so easy (guilty).
Even towns like Louth that are full of independent shops are taking a hit.
It's a shame

Sent from my M2003J15SC using Tapatalk
My wife's birthday treat tomorrow and we are going to have a wander around Nottm, have a few drinks and a curry. Love it
 
Top Bottom