Generic clubs in financial crisis Thread

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The Reverend
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Re: Generic clubs in financial crisis Thread

by The Reverend » 06 Jul 2018 20:41


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Re: Generic clubs in financial crisis Thread

by Stranded » 09 Jul 2018 08:17

The Reverend http://www.theboltonnews.co.uk/sport/16339247.bolton-wanderers-go-on-strike-ahead-of-st-mirren-friendly/


Bolton are pretty screwed aren't they. Going to be very hard for them to recruit any decent players following the strike - will likely end up with a few freebies who have no other options.

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Re: Generic clubs in financial crisis Thread

by Old Man Andrews » 09 Jul 2018 08:24

Stranded
The Reverend http://www.theboltonnews.co.uk/sport/16339247.bolton-wanderers-go-on-strike-ahead-of-st-mirren-friendly/


Bolton are pretty screwed aren't they. Going to be very hard for them to recruit any decent players following the strike - will likely end up with a few freebies who have no other options.


Yeah reckon they'll be more or less down by Christmas. Shame for Parky but he did well enough last season to walk into another lower end Championship club should he leave Bolton mid season.

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Re: Generic clubs in financial crisis Thread

by Green » 09 Jul 2018 14:53

If they can't pay their wages they shouldn't be signing players anyway TBF

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Re: Generic clubs in financial crisis Thread

by Sutekh » 27 Jul 2018 11:23

QPR hit with £42m fine and January transfer embargo for breaching FFP

https://www.bbc.co.uk/sport/football/44980113


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Re: Generic clubs in financial crisis Thread

by 10539.4 Miles Away » 27 Jul 2018 11:48

Sutekh QPR hit with £42m fine and January transfer embargo for breaching FFP

https://www.bbc.co.uk/sport/football/44980113


Not quite a $42m fine, which would have been better. Basically its a $17m fine and the shareholders write off $22m owed to them. Am I right in thinking the fine is then dished out to the clubs that suffered a a result of the FFP breach? If so, wouldn't there be a case for those clubs to claim the $22m should benefit them as well?

Think QPR have got away lightly with this. The shareholders will find a way to recoup that $22m somehow.

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Re: Generic clubs in financial crisis Thread

by RFCMod » 27 Jul 2018 12:35

10539.4 Miles Away
Sutekh QPR hit with £42m fine and January transfer embargo for breaching FFP

https://www.bbc.co.uk/sport/football/44980113


Not quite a $42m fine, which would have been better. Basically its a $17m fine and the shareholders write off $22m owed to them. Am I right in thinking the fine is then dished out to the clubs that suffered a a result of the FFP breach? If so, wouldn't there be a case for those clubs to claim the $22m should benefit them as well?

Think QPR have got away lightly with this. The shareholders will find a way to recoup that $22m somehow.


QPR getting away with financial irregularities again,who'd have thought it

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Re: Generic clubs in financial crisis Thread

by Sanguine » 27 Jul 2018 14:17

10539.4 Miles Away
Sutekh QPR hit with £42m fine and January transfer embargo for breaching FFP

https://www.bbc.co.uk/sport/football/44980113


Not quite a $42m fine, which would have been better. Basically its a $17m fine and the shareholders write off $22m owed to them. Am I right in thinking the fine is then dished out to the clubs that suffered a a result of the FFP breach? If so, wouldn't there be a case for those clubs to claim the $22m should benefit them as well?

Think QPR have got away lightly with this. The shareholders will find a way to recoup that $22m somehow.


Fine to be paid over 10 years. :|
So break the rules, and 15 years later you can finish paying your punishment. Why not speculate to accumulate? £1.7m a year is pittance if you get to the PL.

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Re: Generic clubs in financial crisis Thread

by 10539.4 Miles Away » 27 Jul 2018 16:13

Sanguine
10539.4 Miles Away
Sutekh QPR hit with £42m fine and January transfer embargo for breaching FFP

https://www.bbc.co.uk/sport/football/44980113


Not quite a $42m fine, which would have been better. Basically its a $17m fine and the shareholders write off $22m owed to them. Am I right in thinking the fine is then dished out to the clubs that suffered a a result of the FFP breach? If so, wouldn't there be a case for those clubs to claim the $22m should benefit them as well?

Think QPR have got away lightly with this. The shareholders will find a way to recoup that $22m somehow.


Fine to be paid over 10 years. :|
So break the rules, and 15 years later you can finish paying your punishment. Why not speculate to accumulate? £1.7m a year is pittance if you get to the PL.


It's a joke isn't it. Do you think there is any way the 'wronged' clubs could take private legal action now they've been proven of breaching the rules? Something needs to be done to give ffp some teeth of they are serious about it.


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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 28 Jul 2018 17:46

RFCMod
10539.4 Miles Away
Sutekh QPR hit with £42m fine and January transfer embargo for breaching FFP

https://www.bbc.co.uk/sport/football/44980113


Not quite a $42m fine, which would have been better. Basically its a $17m fine and the shareholders write off $22m owed to them. Am I right in thinking the fine is then dished out to the clubs that suffered a a result of the FFP breach? If so, wouldn't there be a case for those clubs to claim the $22m should benefit them as well?

Think QPR have got away lightly with this. The shareholders will find a way to recoup that $22m somehow.


QPR getting away with financial irregularities again,who'd have thought it

TBF isn't this just the same one they've been getting away with for almost 10 years now?

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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 28 Jul 2018 17:49

The problem is, the only people who suffer for any real penalty is the fans.

The owners responsible can just sell on, they've usually achieved their goal of washing money anyway. The players get paid regardless and have likely moved on. Short of kicking a team out the league - only the fans lose - what are they going to do.

There's no appetite to grow a pair and accept that half a dozen sets of fans are going to have to suffer to clean up the game for the good of all.

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Re: Generic clubs in financial crisis Thread

by Sutekh » 29 Jul 2018 08:16

Snowflake Royal The problem is, the only people who suffer for any real penalty is the fans.

The owners responsible can just sell on, they've usually achieved their goal of washing money anyway. The players get paid regardless and have likely moved on. Short of kicking a team out the league - only the fans lose - what are they going to do.

There's no appetite to grow a pair and accept that half a dozen sets of fans are going to have to suffer to clean up the game for the good of all.


Funny that in non league they can get quite draconian at times and the punishments stick. As soon as it’s the FL/PL it all seems to get very limp and wishy washy and inconsistent.

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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 29 Jul 2018 08:24

Sutekh
Snowflake Royal The problem is, the only people who suffer for any real penalty is the fans.

The owners responsible can just sell on, they've usually achieved their goal of washing money anyway. The players get paid regardless and have likely moved on. Short of kicking a team out the league - only the fans lose - what are they going to do.

There's no appetite to grow a pair and accept that half a dozen sets of fans are going to have to suffer to clean up the game for the good of all.


Funny that in non league they can get quite draconian at times and the punishments stick. As soon as it’s the FL/PL it all seems to get very limp and wishy washy and inconsistent.

In non-league you have a max of about 5-10k fans interested. In the FL more like 20-100k. PL is millions in some cases.

Noone notices if Histon disappear except the few Histon fans. Lots of people get upset if Leeds get the boot.


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Re: Generic clubs in financial crisis Thread

by 10539.4 Miles Away » 30 Jul 2018 05:19

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Sutekh
Snowflake Royal The problem is, the only people who suffer for any real penalty is the fans.

The owners responsible can just sell on, they've usually achieved their goal of washing money anyway. The players get paid regardless and have likely moved on. Short of kicking a team out the league - only the fans lose - what are they going to do.

There's no appetite to grow a pair and accept that half a dozen sets of fans are going to have to suffer to clean up the game for the good of all.


Funny that in non league they can get quite draconian at times and the punishments stick. As soon as it’s the FL/PL it all seems to get very limp and wishy washy and inconsistent.

In non-league you have a max of about 5-10k fans interested. In the FL more like 20-100k. PL is millions in some cases.

Noone notices if Histon disappear except the few Histon fans. Lots of people get upset if Leeds get the boot.


And lots of us would celebrate :)

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Re: Generic clubs in financial crisis Thread

by genome » 02 Aug 2018 18:42


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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 02 Aug 2018 18:50

Hopefully this' ll see them finally drop. They've been on the verge since Rowett got sacked for no reason.

It could take some hard work to get relegated with them, Bolton, Rotherham plus QPR's fine.

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Re: Generic clubs in financial crisis Thread

by Stranded » 03 Aug 2018 08:17



Can understand them allowing Pedersen to be registered but if this was a breach, surely it should have come at a cost, say a couple of points deducted or similar.

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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 05 Aug 2018 08:36

Stranded


Can understand them allowing Pedersen to be registered but if this was a breach, surely it should have come at a cost, say a couple of points deducted or similar.

My interpretation is that they deliberately squeezed it through before the findings were complete so they wouldn't be technically doing anything officially wrong, so no sanction is possible. But it's the FL has called it out for that very reason.

But I haven't re-read it to check if that adds up.

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Re: Generic clubs in financial crisis Thread

by stealthpapes » 06 Aug 2018 16:23

Snowflake Royal The problem is, the only people who suffer for any real penalty is the fans.

The owners responsible can just sell on, they've usually achieved their goal of washing money anyway. The players get paid regardless and have likely moved on. Short of kicking a team out the league - only the fans lose - what are they going to do.

There's no appetite to grow a pair and accept that half a dozen sets of fans are going to have to suffer to clean up the game for the good of all.


I genuinely think that "but what about the fans" is the single worst argument in all of this.

Be draconian, teach the fans to actually think about the ownership etc of the club

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Re: Generic clubs in financial crisis Thread

by Snowflake Royal » 06 Aug 2018 17:59

stealthpapes
Snowflake Royal The problem is, the only people who suffer for any real penalty is the fans.

The owners responsible can just sell on, they've usually achieved their goal of washing money anyway. The players get paid regardless and have likely moved on. Short of kicking a team out the league - only the fans lose - what are they going to do.

There's no appetite to grow a pair and accept that half a dozen sets of fans are going to have to suffer to clean up the game for the good of all.


I genuinely think that "but what about the fans" is the single worst argument in all of this.

Be draconian, teach the fans to actually think about the ownership etc of the club

Yeah, it's sad, they'll get over it.

I'm sure it would be hugely satisfying and enjoyable to have 10,000 attendences romping to record titles through non-league and returning to the upper leagues.

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