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Everton and Forest - FFP


simmoram1995

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1 minute ago, JfR said:

On the other side of things, you have Wolverhampton selling 17 players to meet FFP requirements, also losing their manager in the process:
https://www.telegraph.co.uk/football/2024/01/17/gary-oneil-wolves-drastic-transfer-policy-everton-forest/

Another club who rolled the dice and got promoted, though. Much easier to care about FFP or P&S when you’re anticipating staying in the division the rules apply in. 

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2 hours ago, JfR said:

On the other side of things, you have Wolverhampton selling 17 players to meet FFP requirements, also losing their manager in the process:
https://www.telegraph.co.uk/football/2024/01/17/gary-oneil-wolves-drastic-transfer-policy-everton-forest/

 

2 hours ago, nottingram said:

Another club who rolled the dice and got promoted, though. Much easier to care about FFP or P&S when you’re anticipating staying in the division the rules apply in. 

Some story that one of the sales was late and they therefore maybe in breach

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On 16/01/2024 at 22:43, Grumpy Git said:

A bit like Bernie Ecclestone in his bribery case in Germany. He paid £60,000,000 and basically became 'innocent'.

Shameless.

The church outlawed the sale of indulgences in 1567. Unfortunately, the church is a pioneer in this field.

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57 minutes ago, Dimmu said:
On 16/01/2024 at 20:43, Grumpy Git said:

A bit like Bernie Ecclestone in his bribery case in Germany. He paid £60,000,000 and basically became 'innocent'.

Shameless.

The church outlawed the sale of indulgences in 1567. Unfortunately, the church is a pioneer in this field.

He pleaded guilty in his UK tax court case and got a suspended sentence as he was old and ill( and agreed to pay the taxman £653 million).

https://www.bbc.co.uk/news/uk-67088503

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21 minutes ago, Shipley Ram said:

He pleaded guilty in his UK tax court case and got a suspended sentence as he was old and ill( and agreed to pay the taxman £653 million).

https://www.bbc.co.uk/news/uk-67088503

Bernie is a marval, not it a particually good way perhaps, but in some ways the grift of getting started by selling something that wasn't his to sell ("inventing" media rights to cover F1 and then by extension "owning" F1 - an FIA racing series) - then selling the whole thing again after extracting a huge amount of money in the meantime......

Edited by RadioactiveWaste
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17 minutes ago, Shipley Ram said:

He pleaded guilty in his UK tax court case and got a suspended sentence as he was old and ill( and agreed to pay the taxman £653 million).

https://www.bbc.co.uk/news/uk-67088503

Earnest Saunders (Guinness - insider trading) got released early as his matey doctor saod he had Alzheimer's disease.

He made a miraculous recovery once released, the only person ever to do so.

Barstards the pair of them, may they rot in hell.

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Forest can't be surprised, nor should they be worried about a point deduction - the Premier League is incredibly weak this season because none of them did what they did and spend the best part of a quarter billion after getting promoted. They will survive with a 10 point deduction. 

I find the whole thing ludicrous to be honest, as I did when we were in the hot seat. How does a team in the bottom 8 sides in terms of wages in the league break financial fair play rules - seriously? 

If Luton wanted to be anything other than the lowest spending side in the Premier League, they would break financial fair play regulations (for example) - it's the biggest con in the sport and what makes it even more ridiculous is that they're targeting sides spending less than a third of some of the other teams in the same league.  

Unless the end game is selling broadcast rights to the court proceeding as teams try and kill each other legally then it's a sure fire way to kill the actual product. Too much is made of the team spending the money, how it should be regulated and punished - when equal focus should be given to the team receiving the money. 

Wages should absolutely be capped in order to encourage a competitive on-field product, however transfer fees should be uncapped and subject to owner investment. If an owner of Newcastle, for example, wants to spend £500m on a player from Peterborough, for example, they absolutely should be encouraged to do so because Peterborough are benefiting from that transaction a hell of a lot more than Newcastle. No loans that straddle the club with debts - if you own a club and want to invest in a player then open up your own bank account and make it happen. 

Restrictions on spending have done nothing to slow wages at the top end, but have had a considerable knock on effect when it comes to transfers lower down the pyramid. Teams used to factor in transfer income into their revenues - now it's certainly not the case. Spending between clubs within the country needs to be encouraged - it helps strengthen the pyramid. 

If City buy someone they like from Crystal Palace, Palace then will have money to buy someone they like from Luton, Luton have money to buy someone they like from Bristol City, Bristol City have money to buy someone they like from Stevenage, Stevenage have money to buy someone they like from Hartlepool, Hartlepool have money to buy someone they like Ilkeston & Ilkeston have money to buy someone they like from Forest.. 

Stopping the top clubs spending or putting restrictions on transfer fees has a much more negative trickle down effect - the players are still getting their payment but the money isn't being recycled around the league as freely as it should. You tie that in with the fact the largest clubs can hoover up any young talent that looks to have something about them for minimal fees before they come of age and you get a very top-heavy, brittle pyramid that is more about preserving status quo than it is improving the state of football in this country. 

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6 hours ago, Dimmu said:

The church outlawed the sale of indulgences in 1567. Unfortunately, the church is a pioneer in this field.

Seeing as Everton were originally a church team, they'll probably get away with it then.

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