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Exploiting loopholes is sometimes OK…


Kernow

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Signed for around £4m in January 2022
19 PL appearances with a single goal and zero assists in a team finishing 19th last season
4 Championship appearances this season
Sold for £16m in August 2022

The EFL will make sure the deal represents fair market value though, right?

(Transfermarkt has it as £3.6m and £17.1m, so just the 4.75% increase in value)

Edited by Kokosnuss
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And this is partly why the EFL are done for. If folk were valuing property in this fashion, they'd end up in prison, but if the 'asset' is a footballer, yeah, fill ya boots. Meanwhile, the body that nearly hounded us into liquidation for the heinous crime of alleged FRS102 non-compliance, stands idly by, whistling and averting their gaze. Nothing to see here, apparently!

 

 

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3 hours ago, Kernow said:

Good thing that you can still interpret the rules how you want and use them to get an unfair advantage. So glad to see certain clubs punished for not abiding the rules, whilst others are fine to do as they like.

 

Those comments.  Derby SOLd thE stadium to THEDSELDES and broke de Rulessss.

Err..... no

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9 minutes ago, Gee SCREAMER !! said:

Those comments.  Derby SOLd thE stadium to THEDSELDES and broke de Rulessss.

Err..... no

The irony is that the stadium sale deal was probably a lot fairer than this. In our case, we needed independent valuation by a third party to sell the asset. In Watford's, they can pay whatever they want.

I don't think these deals should be off the cards entirely - it's reasonable that two clubs under the same ownership would sometimes genuinely want to trade between each other without other motives - but, as with the stadium deal, there should be restrictions on how these deals are carried out and/or accounted for.

Edited by JfR
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Forest did similar last season, selling a player at overinflated price.

What's this all about though? Feel like it's a con but can't work it out? If they get relegated will they turn the loan perm and give forest a cash injection?

IMG-20220823-WA0016.jpg

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21 minutes ago, LERam said:

Forest did similar last season, selling a player at overinflated price.

What's this all about though? Feel like it's a con but can't work it out? If they get relegated will they turn the loan perm and give forest a cash injection?

IMG-20220823-WA0016.jpg

Probably more of a hand from Forest to Olympiacos, this time. 5m would actually be quite a high fee for modern Olympiacos to spend on one player. 

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It just confirms that FFP is one giant hypocrisy. This is way worse than what we were guilty of and at those values Watford are taking the piss. It also raises serious questions what the Carvalho transfer from Forest to Olympiakos actually was. Still undisclosed!! He would be £500k tops in the real market!! 
 

Mel pissed off the EFL, he pissed off Gibson who decided to make it an issue, they then both stopped at nothing to bury us (with an unforeseen significant helping hand from Mel who became the ultimate villain). If Mel was cordial with the EFL and didn’t piss off Gibson we’d have been fine Re:FFP. Allowing this complete and utter nonsense shows they aren’t serious about it!

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4 hours ago, BramcoteRam84 said:

It just confirms that FFP is one giant hypocrisy. This is way worse than what we were guilty of and at those values Watford are taking the piss. It also raises serious questions what the Carvalho transfer from Forest to Olympiakos actually was. Still undisclosed!! He would be £500k tops in the real market!! 
 

Mel pissed off the EFL, he pissed off Gibson who decided to make it an issue, they then both stopped at nothing to bury us (with an unforeseen significant helping hand from Mel who became the ultimate villain). If Mel was cordial with the EFL and didn’t piss off Gibson we’d have been fine Re:FFP. Allowing this complete and utter nonsense shows they aren’t serious about it!

I'd love them to take a look at this. It's now so blatant that they're using the two clubs to transfer ffp headroom. Don't know if there's any oversight the EFL can do really, might have to include uefa as well.

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21 hours ago, BramcoteRam84 said:

It just confirms that FFP is one giant hypocrisy. This is way worse than what we were guilty of and at those values Watford are taking the piss. It also raises serious questions what the Carvalho transfer from Forest to Olympiakos actually was. Still undisclosed!! He would be £500k tops in the real market!! 
 

Mel pissed off the EFL, he pissed off Gibson who decided to make it an issue, they then both stopped at nothing to bury us (with an unforeseen significant helping hand from Mel who became the ultimate villain). If Mel was cordial with the EFL and didn’t piss off Gibson we’d have been fine Re:FFP. Allowing this complete and utter nonsense shows they aren’t serious about it!

Anybody still got Parry's email address? Would be interesting to hear his defence of this.

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Good to know there's football clubs like Brentford who break the mold and don't have owners who exploit loopholes to comply with these idiotic FFP rules. If Forest go down, they'll sell a number of the squad to the parent club and bring them back on loan if needed. Very fair indeed....

Genuinely thought FFP would be a great idea and bridge the gap in wealth. It has done the complete opposite and has burnt more avenues for other clubs to achieve within the game. 

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