SouthManchesterTree
Viv Anderson
Yes - if we stay up this season we’re into our third PL season - so allowable losses for the 3 years goes up to 3 x £35m = £105m?
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Financial Fair Play (FFP)
- Thread starter Hawkeye1947
- Start date
Yes - if we stay up this season we’re into our third PL season - so allowable losses for the 3 years goes up to 3 x £35m = £105m?
Captain Sinister
Senior doom Monger
Can we revalue the squad value?
Accounting Standards allow for assets to revalued to reflect current values rather than historic cost.
MGW cost £30 - £40m and is now worth £70m.
Murillo cost £12m and is now worth £60m
Revaluation gain reflects the coaching input, which comes at a cost, therefore the increase in value is a profit, and profit is the entrepreneur’s reward for taking an investment risk.
FFP problems solved, no players need to be sold.
I do declare I am a FFFG (Football Fince f***ing Genius)
Accounting Standards allow for assets to revalued to reflect current values rather than historic cost.
MGW cost £30 - £40m and is now worth £70m.
Murillo cost £12m and is now worth £60m
Revaluation gain reflects the coaching input, which comes at a cost, therefore the increase in value is a profit, and profit is the entrepreneur’s reward for taking an investment risk.
FFP problems solved, no players need to be sold.
I do declare I am a FFFG (Football Fince f***ing Genius)
Quntib Hollox
Jack Burkitt
Don’t the rules change after next season to 85% of turnover?
Gyros Peter
Sauce salad?
You are Mel Morris.
SouthManchesterTree
Viv Anderson
Sale and one-season loan-back could work well all round
Notcher
Stuart Pearce
Yes but the PSR allowable losses rule still remains.
youreds1986
Grenville Morris
Yep. Which once we have solved that 25m hole for this year gives us 60 odd million losses to play with next year.
Gyros Peter
Sauce salad?
I've read this a couple of times - I dislike loan backs anyway, but particularly in this case where we'd see his value continue to rise while not being ours. And it's not as if he isn't in a replaceable position.
The only way I'd entertain it is if a buying club was top level (as in top 3 our league, Real or Barca) and we're paying tip top dollar... won't happen just yet.
Keep him another year or two and then talk.
Captain Sinister
Senior doom Monger
You’ll be hearing from my solicitors for that insult.
SouthManchesterTree
Viv Anderson
Gyros Peter
Sauce salad?
They'll be too tied up with the finance people while they're investigating your dodgy dealings.
oobidoobi
First Team Squad
Doesnt that mean there's a very small window at midnight on 30th June where we are not compliant but not at the deadline, and suddenly 1 second later we knock off 40M from the calculation and are compliant without selling ?
Robertson
Geoff Thomas
Dunno how much Olympiakos have left in their FFP allowance this season but within the regulations could they just straight up loan us, say, £10m in June, so we clear FFP and then us just pay it back in July, so it goes in next seasons figures, where we have a bigger limit?
Seems no more dodgy than Chelsea’s shenanigans. Also pretty sure Bournemouth received a £71m loan from a subsidiary and this was fine.
Seems no more dodgy than Chelsea’s shenanigans. Also pretty sure Bournemouth received a £71m loan from a subsidiary and this was fine.
Alvar Hanso
Jack Burkitt
If stadium costs are excluded from FFP, could we not sell our ground to Olympiacos, and buy their ground from them?
How does it work with the Johnson money then? Our main defense against PSR deductions was that Johnson should be including in the previous year's accounts because of 'compliance' and 'communication' with the PL. Now that the Brennan argument has been thrown out that £47m or whatever it was goes into this year's accounts...I think.
Yep that’s how it looks.
Agreed, I didn’t want to throw his name out there for safety reasons
youreds1986
Grenville Morris
Doesn't really matter for next year as it's still part of the three year cycle regardless.
It coming into this year does help us the year after next, though.
Gyros Peter
Sauce salad?
Apparently not according to those who 'write' the rulebook.
(I say write, they just make the f***ers up so it fits with whatever bollocks they decide that week.)
I'd like to think the club have learned a thing or two through this process... We'll be fine.
Templeton
First Team Squad
We could always follow the Chelsea method and the Hotel & Restaurant that Forest bought a few months ago simply sell it to another part of Forest.
apondaway
Geoff Thomas
When one reads about City Football Group (especially this year with Girona) and the Chelsea shenanigans one simply can't feel confident in the governing parties of Football. Sigh, oh well.
Wes' Organ
Biggles
I don't know where I've got this from but I thought it was almost a fact that we'd only be keeping Murillo for a season when we bought him?
Even dreamed up that Omobamidele was signed as a kind of understudy gor when he's gone.
My heads a fukcing shed!
It’s grotesque beyond belief that Man City will get multiple back slaps from Sky and BBC if they win the league. If the charges eventually are heard and upheld, as well as relegation to the National League, will they have to pay back the 10 years of prize money?
Everyone should simply refuse to play them next season
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Red Ray's Redlist
Viv Anderson
Yes