Steve B
Jack Armstrong
if we somehow survive this season I’m taking a massive inflatable Marinakis to the last game.
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Financial Fair Play (FFP)
- Thread starter Hawkeye1947
- Start date
congo_red_49
Ale Ape
Best start inflating it now.
Rubics
Bin VAR!
Need a blow up tv for a bit of fun as well or bakery…..
MaxiRobriguez
Bob McKinlay
They are largely losses he created by vastly extending the wage bill without improving the top line.
His choice was to cover his own mistakes or see his asset fold. Tough choice. Very noble though.
Steve B
Jack Armstrong
…And project this onto the side of EPL and PGMOL HQ’s
Rockabilly
GAFF LAD. "Open your knees and feel the breeze"
Oh aye...
Stocky Red
First Team Squad
Yeah, if it was the case that we had been strongly advised by the PL that a position was correct at some point in the process, only to be advised 3 weeks before account submission that the position was the exact opposite then that would be explosive stuff and grounds for appeal
Given the strength of the club statement, and that the above wasn't explicitly mentioned, I'm not sure it was the case.
MaxiRobriguez
Bob McKinlay
And no, I'm not playing with words.
You are trying to paint a picture that £100m of Marinakis' money invested directly into the running of the club has got us promotion.
That is demonstrably not true.
£50m was to buy the asset of which £0 of that money went into improving the playing squad. An additional £50m of capital injection into the operational running of the club. You can claim £50m max, but then I go back to my point that barely any of those players acquired under that spending spree actually formed part of the squad that got us promoted.
Same logic buying a house. Your initial purchase might go up in value but you're not responsible for market changes, only any home improvements you make.
As a self-described ex-director the phrasing I'm using shouldn't be hard to understand.
congo_red_49
Ale Ape
I don't think we'll ever really know what happened, there's probably Non-Disclosure agreements and what-not in place, that would limit what could be explicitly mentioned.
My suggestion was deliberately exaggerated (and simplified) just to emphasize the point.
Haych
John Robertson
Roll on Palace at home so folk can whinge about the actual football instead of the off the pitch stuff.
Any Time Now
Grenville Morris
You can be appreciative of some aspects of the ownership while being critical of others, we can be thankful of the cash injections but still be critical of the inability to stick with a long term plan. Having deep pockets isn't the only thing needed to run a successful football club in a tough division with strict financial rules, without having the right people in the right places you risk spaffing away your available funds (and more) to end up going backwards
I understand Marinakis and co back themselves to succeed in whatever they do but operating a healthy sustainable EPL club isn't something you can play at without having proper infrastructure in place, the problem is we almost had it but the top of the food chain got fed up of waiting so decided to hop back on the reigns and once again created a mess. Clubs we want to realistically mirror would never be operating the way they are if they were ran by impatient owners who think they need to scrap everything and take back control if we aren't seeing immediate results. The question for me is, what will it take for this approach to change? Because it absolutely has to
I understand Marinakis and co back themselves to succeed in whatever they do but operating a healthy sustainable EPL club isn't something you can play at without having proper infrastructure in place, the problem is we almost had it but the top of the food chain got fed up of waiting so decided to hop back on the reigns and once again created a mess. Clubs we want to realistically mirror would never be operating the way they are if they were ran by impatient owners who think they need to scrap everything and take back control if we aren't seeing immediate results. The question for me is, what will it take for this approach to change? Because it absolutely has to
Berkshire Red
Jack Armstrong
So EM didn't pay for Grabban, Samba or Surridge? And he didn't cover the wages of Colback and the likes?
You win some, you lose some.
Rockabilly
GAFF LAD. "Open your knees and feel the breeze"
This. 
Redemption
Chief Eye Roller
Life size or bigger in proportion?
PlayedOnGrass
First Team Squad
I fully understand - but do you?
Your words not mine -
He spent £50m to buy the asset = £50m spend
He spent £50m on a capital injection for operational running
He spent £50 max on the players - irrespective of if the players were part of the promotion squad - he spent it
He has continued to fund the club by writing off debts/transferring to shares etc.
This is all money that he has invested in the club.
I would argue that the initial £50m purchase and the subsequent investments have paid off.
Newcastle were sold for circa £250m 2 years ago - Forest are currently valued at around £350m.
A sound investment by a highly successful and highly respected business man - except for people like you of course.
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Rockabilly
GAFF LAD. "Open your knees and feel the breeze"
Bloody Nora!
Lady Penelope
First Team Squad
I'm not happy with the way NFFC has been run. I'm not happy with the EPL and the way it is run. The Greeks own the club and it is their money so I hope that they are learning lessons. The EPL is a greedy animal and it is unlikely to change significantly I am very sad to say. What's to be done then? Get behind the team ... we need a point or two more than Luton over the remaining games, and we are better than them so let's do it.
What is done is done. Look ahead and win some away games, then we'll still be in the EPL next season.
What is done is done. Look ahead and win some away games, then we'll still be in the EPL next season.
MaxiRobriguez
Bob McKinlay
I covered that on the last page.
Captain Sinister
Senior doom Monger
Who is going to cough up £350m for Forest?
Remember, we are not allowed to buy any decent players, we have a salary cap at 85% of turnover, and parachute payments are being phased out.
The market has shifted.
In the cliched words of someone wiser than me: "how do I make a small fortune owning a football team that is not "big 6"? The answer is... start with a big fortune.
Redemption
Chief Eye Roller
MaxiRobriguez
Bob McKinlay
I don't think you do, or if you do your deliberately ignoring the point as it doesn't suit your side of the argument.
"This is all money that he has invested in the club" = False.
"This is all money that he has invested." = True
Nuance is important.
If Marinakis had bought the club for £50m but then insisted the club cut its cloth and only paid out transfers/wages from the BAU revenue it made then how much money has Marinakis invested in the club? Marinakis has invested in an asset but the club itself sees no change in financial standing.
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PlayedOnGrass
First Team Squad
Hopefully no-one because EM will continue to be our owner for many years.
PlayedOnGrass
First Team Squad
your prerogative
The problem here is, for their approach to change, they have to absolutely accept that their approach was wrong, and that there is some liability there for the current issues surrounding the team, and the underlying business.
As we know, self-criticism does not come easily to the current Board. It is not unreasonable at all, for supporters of NFFC to feel able to criticise the ownership for clear and obvious mistakes made under their leadership, including undermining competent off-pitch staff and the coaching staff, their seemingly disorganised way of running the business, their blasé attitude to compliance, and the slipshod way they’ve approach the maintenance and renovation of the current stadium, all of which has conspired to see Forest - yet again - struggling at the wrong end of the table.
Yes, there is - and there should be - gratitude for Mr. Marinakis‘ investment and support.
But that does not preclude genuine criticism being given for matters off, and on, the pitch.
Evangelos is a temporary custodian of Nottingham Forest, and he has responsIbilities to the supporters - who „support“ the club by paying their money to go and watch it and by purchasing its merchandise - to make sure the club is run in a dignified and proper manner.
And I appreciate, that is a distinction some are struggling to make, at the moment.
We have already started to change approach as shown in January
Scarpa - Free to 5m
Mangala - 10m to a 10m loan fee and 15m buy option
Scott McKenna - Wages off the books
Horvath - Free - Undisclosed Fee rumour to be 900k
Aurier - Free - 100k fee and Wages gone
Worrall - Academy - 500k loan fee buy option of 4m, Worrall wants to stay there
Laryea sold for what we bought
George Shelvey - Dundalk which is a success for Forest's Academy
Dennis, Panzo, Hwang Ui Jo all leaving on loans
Squad size reduced to 23 over 21 and 4 Under 21
One more big sale and we will be in the clear.
Also in the summer
GK - Sels will stay, Turner and Vlach will be looking to leave, Hennessey is out of contract. New Keeper needed
RB - Williams stays, Ola Aina - Contract Option activated, Montiel Leaves
LB - Toffolo stays, Tavares loan would be extended imo, Richards comes back for Pre-Season
CB - Omobamidele, Niakhate stays, Boly contract extension, Murillo sold and Felipe Retires, Replacements needed
CM - Yates, Sangare, Dominguez, Danilo all stay. Kouyate leaves
CAM - Hoping MGW isn't sacrificed for PSR rules, Back-up needed
Wingers - CHO, Elanga will stay, Origi goes back, Competition needed
ST - Awoniyi could be a PSR sacrifice, Wood 1 year extension on reduced terms, Ribeiro Buy Option activated, New Striker needed
Scarpa - Free to 5m
Mangala - 10m to a 10m loan fee and 15m buy option
Scott McKenna - Wages off the books
Horvath - Free - Undisclosed Fee rumour to be 900k
Aurier - Free - 100k fee and Wages gone
Worrall - Academy - 500k loan fee buy option of 4m, Worrall wants to stay there
Laryea sold for what we bought
George Shelvey - Dundalk which is a success for Forest's Academy
Dennis, Panzo, Hwang Ui Jo all leaving on loans
Squad size reduced to 23 over 21 and 4 Under 21
One more big sale and we will be in the clear.
Also in the summer
GK - Sels will stay, Turner and Vlach will be looking to leave, Hennessey is out of contract. New Keeper needed
RB - Williams stays, Ola Aina - Contract Option activated, Montiel Leaves
LB - Toffolo stays, Tavares loan would be extended imo, Richards comes back for Pre-Season
CB - Omobamidele, Niakhate stays, Boly contract extension, Murillo sold and Felipe Retires, Replacements needed
CM - Yates, Sangare, Dominguez, Danilo all stay. Kouyate leaves
CAM - Hoping MGW isn't sacrificed for PSR rules, Back-up needed
Wingers - CHO, Elanga will stay, Origi goes back, Competition needed
ST - Awoniyi could be a PSR sacrifice, Wood 1 year extension on reduced terms, Ribeiro Buy Option activated, New Striker needed
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