If QPR get relegated....

GOBIAS

GOBIAS

Ian Bowyer
What happens to them? Are they fined £50m and allowed to play in the football league. Do they refuse to pay and drop to the conference? Do they refuse to pay and still compete in the football league. Will be an interesting situation.

I reckon they will appeal the fine and end up paying some nominal fee after a lengthy dragged out fiasco.
 
Strummer

Strummer

Socialismo O Muerte!
LTLF Minion
It's going to court. That's the only certainty.
 
Strummer

Strummer

Socialismo O Muerte!
LTLF Minion
GOBIAS

GOBIAS

Ian Bowyer
But surely the likes of us and Leeds would have a case as we had been restricted when we needn't have been. You are right though Chris. I'm very much for a workable FFP. I think the principle is a good thing but I think the whole system of football finance is a joke that is more to protect the bigger clubs from the Chelsea, Man city, psg type of takeovers as they don't want other clubs crashing the party.
 
GOBIAS

GOBIAS

Ian Bowyer
Imagine if the billionaires of Chelsea and City and the multi millionaires of Blackburn hadn't bought the premier league titles they have. The premier league winners would read:

Man Utd
Man Utd
Man Utd
Man Utd
Arsenal
Man Utd
Man utd
Man Utd
Man utd
Man Utd
Arsenal
Man Utd
Man Utd
Man Utd
Man Utd
Man Utd
Man Utd
Man Utd
 
Strummer

Strummer

Socialismo O Muerte!
LTLF Minion
F

Francis Benali (on loan)

Guest
It might do QPR a favour to do a Portsmouth. I have a friend who goes to QPR and he seems to hate what they are. Whereas Portsmouth, they look good and wholesome these days.
 
Thomas

Thomas

AMERICAN IDIOT
Francis Benali (on loan) said:
It might do QPR a favour to do a Portsmouth. I have a friend who goes to QPR and he seems to hate what they are. Whereas Portsmouth, they look good and wholesome these days.
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Sure they'll loose a bunch of fans, but things will feel much better for the real fans if they do a Portsmouth.
 
Strummer

Strummer

Socialismo O Muerte!
LTLF Minion
Hand ShAndy! said:
Could Fawaz just write if the debt? Or release shares and buy them instantly?
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He can do whatever he wants really.

The money is put in as a loan for tax reasons. If he wants to write that off, he can (but it's tax efficient to keep the deficit if you like).

Fernandes has essentially just written off a big chunk of the money he's loaned to QPR.
 
Ravi

Ravi

Upper Decker
Whatever the outcome of the court case it will be more interesting if they do get relegated.
 
rogerthecat

rogerthecat

Jack Burkitt
GOBIAS Industries said:
Imagine if the billionaires of Chelsea and City and the multi millionaires of Blackburn hadn't bought the premier league titles they have. The premier league winners would read:

Man Utd
Man Utd
Man Utd
Man Utd
Arsenal
Man Utd
Man utd
Man Utd
Man utd
Man Utd
Arsenal
Man Utd
Man Utd
Man Utd
Man Utd
Man Utd
Man Utd
Man Utd
Click to expand...

There's no Liverpool in that list so not entirely a bad thing :)
 
valspoodle

valspoodle

Steve Chettle
What I don't understand with FFP is seemingly no one, owner or not, is allowed to give a club money to pay off debts or simply gift money with no financial strings whatsoever. So clubs with a tiny income are never going to improve their situation and clubs with massive incomes are never going to struggle.

Why do the football authorities think this a good idea. Why not just let clubs go bankrupt and out of business. There are plenty of others waiting to take their place. Clubs like Man City, despite falling foul of the rules, still seem able to continue a massive programme of expansion and debt.
 
Strummer

Strummer

Socialismo O Muerte!
LTLF Minion
valspoodle said:
What I don't understand with FFP is seemingly no one, owner or not, is allowed to give a club money to pay off debts or simply gift money with no financial strings whatsoever. So clubs with a tiny income are never going to improve their situation and clubs with massive incomes are never going to struggle.

Why do the football authorities think this a good idea. Why not just let clubs go bankrupt and out of business. There are plenty of others waiting to take their place. Clubs like Man City, despite falling foul of the rules, still seem able to continue a massive programme of expansion and debt.
Click to expand...

They think this is a good idea because quite simply it entrenches the established clubs at the top of the pile and bollocks to everyone else.

Can't have "unfashionable" clubs crashing the "best league in the world", can we?

That would never do with their target demographic.
 
Erik

Erik

oopsy daisy!
LTLF Minion
chriscl said:
They think this is a good idea because quite simply it entrenches the established clubs at the top of the pile and bollocks to everyone else.

Can't have "unfashionable" clubs crashing the "best league in the world", can we?

That would never do with their target demographic.
Click to expand...
Exactly this.
 
Ravi

Ravi

Upper Decker
valspoodle said:
What I don't understand with FFP is seemingly no one, owner or not, is allowed to give a club money to pay off debts or simply gift money with no financial strings whatsoever. So clubs with a tiny income are never going to improve their situation and clubs with massive incomes are never going to struggle.

Why do the football authorities think this a good idea. Why not just let clubs go bankrupt and out of business. There are plenty of others waiting to take their place. Clubs like Man City, despite falling foul of the rules, still seem able to continue a massive programme of expansion and debt.
Click to expand...

I agree with pretty much all of this. FFP is about maintaining the status quo at the top of the game. The only thing I would add is larger clubs don't go out of business. They might have to fold as a company and start up again the next day, or spend a few seasons in the lower leagues, but they will survive while ever there's a fan base who want to watch and support them.
 
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Captain Sinister

Captain Sinister

Senior doom Monger
There are cases pending I think where FFP will be attacked under European Competition laws.
Football is without doubt a business.
And there are no other businesses that I can think of where there is anything like the restraint of trade that FFP represents.
 
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