RotherhamRam Posted April 15, 2012 Share Posted April 15, 2012 The problem is that when you have a season like we did in the prem followed by some very difficult seasons since it is harder to attract people into the club to spend money in advertisement, hospitality etc as we become less attractive. This season will only benefit us as we are at the right end of the table showing signs of improvement. Lets hope so any way Link to comment Share on other sites More sharing options...
Brammie Steve Posted April 15, 2012 Share Posted April 15, 2012 Ever since I have followed them DCFC have run an FFP policy. The only exception was when they shelled out about 12 million and were bottom of their division and a standing joke. Cloughie left because of Sam Longson's short arms and long pockets but an even darker time was when Robert Maxwell owned the club. Everything was about money and the club was nearly liquidated along with his other assets. I would sooner be in our position than a club going boom or bust for the premiership by spending 93% of their gross assets on player wages. we may hold a record in the prem that will never be beaten but we will always be DERBY COUNTY 'http://www.dcfcfans.co.uk/public/style_emoticons/<#EMO_DIR#>/wub' class='bbc_emoticon' alt=':wub:' /> Link to comment Share on other sites More sharing options...
Hucknall Ram Posted April 25, 2012 Share Posted April 25, 2012 Just been voted in Twitter Sky Sports (@SkySports) 25/04/2012 13:08 Football League clubs vote in favour of introducing new financial fair play model. Penalties for over-spending.. more on site shortly Link to comment Share on other sites More sharing options...
Donny Ram Posted April 25, 2012 Share Posted April 25, 2012 Yep, common sense finally prevails Hucknall. I just hope we get a few penalties next season even if we have to overspend to buy them..! 'http://www.dcfcfans.co.uk/public/style_emoticons/<#EMO_DIR#>/wink' class='bbc_emoticon' alt=';)' /> Link to comment Share on other sites More sharing options...
Hucknall Ram Posted April 25, 2012 Share Posted April 25, 2012 The Championship has voted in favour of bringing in a break-even approach based on the UEFA Financial Fair Play Regulations. In League 1 and League 2, clubs will implement the Salary Cost Management Protocol (SCMP) that has been in use in the latter division since 2004/05. The SCMP broadly limits spending on total player wages to a proportion of each club's turnover. The regulations will be introduced next season on a gradual basis, but sanctions for non-compliance will not be put in place until the 2014-15 season. Under the regulations, from the 2014-15 season, clubs in the Championship who record total losses of over £6million will be hit with either a transfer embargo or a fine that could run in to the millions. The club in question will be fined if they are promoted to the Premier League and will be hit with a transfer embargo if they remain in the Championship. Owners of Championship clubs will be allowed to invest £6million next season, £5million the following and £3million the following season The decision to adopt Financial Fair Play regulations follows a strategic review by The Football League Board which identified the state of club finances as the organisation's greatest challenge. League Chairman, Greg Clarke, said: "On the pitch we have three exciting, competitive divisions with crowds at their highest levels for 50 years. But that success isn't necessarily being reflected on our clubs' balance sheets and we have to remedy that situation or face an uncertain future. "I'd like to commend the Championship clubs for the courageous decision they have taken today. It means that for the first time, all 72 Football League clubs have agreed to take concerted action towards controlling their financial destiny. "Whilst we cannot promise that these rules will deliver results overnight, they will begin to lay the foundations for a league of financially self-sustaining football clubs." Financial Fair Play in the Championship - Financial Fair Play (FFP) in the Championship will require clubs to stay within defined limits on losses and shareholder equity investment that will reduce significantly across a five season period. - Permitted losses will reduce from an acceptable deviation of £4m for 2011/12 to £2m by 2015/16, with additional investment in certain areas of club infrastructure being excluded (e.g. youth development and community programmes). - The permitted level of shareholder equity investment will reduce from £8m for the 2011/12 season to £3m by 2015/16. - Clubs will be required to provide annual accounts to The Football League by December 1, covering the previous playing season. - Failure to stay within the defined limits will lead to the imposition of sanctions. The sanctions will vary depending on whether the club was ultimately promoted to the Premier League, remained in the Championship or was relegated to League 1. - Clubs promoted to the Premier League will have to pay a 'Fair Play Tax' on the excess by which they failed to fulfil the Fair Play requirement ranging from 1% on the first £100,000 to 100% on anything over £10m. Any proceeds will be distributed equally amongst those clubs that complied with the FFP regulations for the season in question. - Clubs remaining in the Championship will be subject to a transfer embargo until they are able to lodge financial information to demonstrate they comply with the FFP regulations (either for the previous reporting period or a future reporting period). - Clubs relegated to League 1 will not be entitled to any payout derived from the Fair Play Tax and will be required to comply with the FFP rules in operation in that division. - Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship, as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in the first season in the Championship whilst not complying with the FFP regulations. - The first reporting period will be for the current playing season (2011/12), however sanctions will not be applied until the 2013/14 reporting period in order to give clubs a sensible period of transition. Financial Fair Play in League 1 and League 2 - League 1 and League 2, clubs have chosen to implement the Salary Cost Management Protocol (SCMP) first used in League 2 in 2004/05, although it will operate at different thresholds in each division. - The SCMP broadly limits spending on total player wages to a proportion of each club's turnover, with clubs providing budgetary information to The League at the beginning of the season that is updated as the campaign progresses. - Any club that is deemed to have breached the permitted spending threshold will be subject to a transfer embargo. Wherever possible, The League will seek to tackle the issue 'at source' by refusing player registrations that take clubs beyond the threshold. - At the beginning of the current season, League 2 clubs reduced the permitted spending threshold to 55% from 60% and this figure will continue to be operated next season. - League 1 clubs are currently operating a 'pilot' of the SCMP with clubs complying with a 75% threshold but with no sanctions being applicable this season. This threshold will reduce to 65% in 2012/13 and 60% in 2013/14 with sanctions (transfer embargoes) being applicable in both seasons. http://www1.skysports.com/football/news/11688/7701878/Financial-fair-play-voted-in Link to comment Share on other sites More sharing options...
Hucknall Ram Posted April 25, 2012 Share Posted April 25, 2012 Can someone with half a brain tell me what this means to teams like Derby and teams like forest? Link to comment Share on other sites More sharing options...
CumbrianRam Posted April 25, 2012 Share Posted April 25, 2012 Fleetwood Town in the Conference have a wage bill of £1 million, crazy. Link to comment Share on other sites More sharing options...
Hucknall Ram Posted April 25, 2012 Share Posted April 25, 2012 It is crazy, not sure who it was but when Hucknall was in the blue square north, there was a centre half playing for another team, after the game my father in law asked why was he playing for them surly you could still be a league player, he said cos he was on £1,300 per week plus 10% of gate receipts, these rules need to be passed all the way down the football league ladder Link to comment Share on other sites More sharing options...
Hucknall Ram Posted April 25, 2012 Share Posted April 25, 2012 Fleetwood Town in the Conference have a wage bill of £1 million, crazy. a squad of 19 means on average a play is on £1k per week! Link to comment Share on other sites More sharing options...
networker1884 Posted April 25, 2012 Share Posted April 25, 2012 So when are they going to have a vote in the Premiership then? Or are EUFA enforcing it without one. I remember them saying that European teams will be stopped from entering the Champions League/Europa League if they didn't comply, but surely this has got to be enforced next season so to prevent creating a massive gap between the football league and the prem? Link to comment Share on other sites More sharing options...
networker1884 Posted April 25, 2012 Share Posted April 25, 2012 Who's changed the name??? It was never put on hold! Link to comment Share on other sites More sharing options...
ramblur Posted April 25, 2012 Share Posted April 25, 2012 The Championship has voted in favour of bringing in a break-even approach based on the UEFA Financial Fair Play Regulations. In League 1 and League 2, clubs will implement the Salary Cost Management Protocol (SCMP) that has been in use in the latter division since 2004/05. The SCMP broadly limits spending on total player wages to a proportion of each club's turnover. The regulations will be introduced next season on a gradual basis, but sanctions for non-compliance will not be put in place until the 2014-15 season. Under the regulations, from the 2014-15 season, clubs in the Championship who record total losses of over £6million will be hit with either a transfer embargo or a fine that could run in to the millions. The club in question will be fined if they are promoted to the Premier League and will be hit with a transfer embargo if they remain in the Championship. Owners of Championship clubs will be allowed to invest £6million next season, £5million the following and £3million the following season The decision to adopt Financial Fair Play regulations follows a strategic review by The Football League Board which identified the state of club finances as the organisation's greatest challenge. League Chairman, Greg Clarke, said: "On the pitch we have three exciting, competitive divisions with crowds at their highest levels for 50 years. But that success isn't necessarily being reflected on our clubs' balance sheets and we have to remedy that situation or face an uncertain future. "I'd like to commend the Championship clubs for the courageous decision they have taken today. It means that for the first time, all 72 Football League clubs have agreed to take concerted action towards controlling their financial destiny. "Whilst we cannot promise that these rules will deliver results overnight, they will begin to lay the foundations for a league of financially self-sustaining football clubs." Financial Fair Play in the Championship - Financial Fair Play (FFP) in the Championship will require clubs to stay within defined limits on losses and shareholder equity investment that will reduce significantly across a five season period. - Permitted losses will reduce from an acceptable deviation of £4m for 2011/12 to £2m by 2015/16, with additional investment in certain areas of club infrastructure being excluded (e.g. youth development and community programmes). - The permitted level of shareholder equity investment will reduce from £8m for the 2011/12 season to £3m by 2015/16. - Clubs will be required to provide annual accounts to The Football League by December 1, covering the previous playing season. - Failure to stay within the defined limits will lead to the imposition of sanctions. The sanctions will vary depending on whether the club was ultimately promoted to the Premier League, remained in the Championship or was relegated to League 1. - Clubs promoted to the Premier League will have to pay a 'Fair Play Tax' on the excess by which they failed to fulfil the Fair Play requirement ranging from 1% on the first £100,000 to 100% on anything over £10m. Any proceeds will be distributed equally amongst those clubs that complied with the FFP regulations for the season in question. - Clubs remaining in the Championship will be subject to a transfer embargo until they are able to lodge financial information to demonstrate they comply with the FFP regulations (either for the previous reporting period or a future reporting period). - Clubs relegated to League 1 will not be entitled to any payout derived from the Fair Play Tax and will be required to comply with the FFP rules in operation in that division. - Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship, as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in the first season in the Championship whilst not complying with the FFP regulations. - The first reporting period will be for the current playing season (2011/12), however sanctions will not be applied until the 2013/14 reporting period in order to give clubs a sensible period of transition. Financial Fair Play in League 1 and League 2 - League 1 and League 2, clubs have chosen to implement the Salary Cost Management Protocol (SCMP) first used in League 2 in 2004/05, although it will operate at different thresholds in each division. - The SCMP broadly limits spending on total player wages to a proportion of each club's turnover, with clubs providing budgetary information to The League at the beginning of the season that is updated as the campaign progresses. - Any club that is deemed to have breached the permitted spending threshold will be subject to a transfer embargo. Wherever possible, The League will seek to tackle the issue 'at source' by refusing player registrations that take clubs beyond the threshold. - At the beginning of the current season, League 2 clubs reduced the permitted spending threshold to 55% from 60% and this figure will continue to be operated next season. - League 1 clubs are currently operating a 'pilot' of the SCMP with clubs complying with a 75% threshold but with no sanctions being applicable this season. This threshold will reduce to 65% in 2012/13 and 60% in 2013/14 with sanctions (transfer embargoes) being applicable in both seasons. [url=http://www1.skysports.com/football/news/11688/7701878/Financial-fair-play-voted-in]http://www1.skysport...r-play-voted-in The first thing that strikes me is that sanctions will apply on total losses of over £6m in 14/15,yet it talks of "permitted losses" of £4m in 11/12 ,scaling down to £2m by 15/16.Therefore there is obviously a difference between total loss and permitted loss.The "Daily Telegraph" claimed to have seen a draft of the regs and revealed that youth development costs (as mentioned above) would be excluded,as would players' regs amortisation and depreciation of stadium costs,so it would seem that these amounts would be excluded from permitted losses and therefore explain why the total loss figure is greater than permitted loss. To try and put this in perspective ,our 10/11 accounts showed a total loss of £7.7m,so if this had been 14/15 we would have faced sanctions.Relevant amortisation and depreciation deductions of c£4m would reduce this loss to £3.7m for "permitted loss" purposes (there may well have been additional youth development costs to reduce the figure further).As we've since seen significant wage reductions,it appears to me that even now we are probably in a situation whereby we wouldn't face sanctions if our current figures were replicated in 14/15-in fact we may be well ahead of where we would need to be in 14/15 (and yet there are signals of further wage cuts). The allowable equity investment figures are interesting.To be frank,as there are no sanctions (or talk of retrospective sanctions) in the first few years,it would appear that owners would be able to simply circumvent the 'rules' and invest more than is 'allowable' during the first years. 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ramblur Posted April 25, 2012 Share Posted April 25, 2012 Having looked at this again (and bearing in mind I've as much/little to go on as everyone else),I can see that there could be another interpretation of acceptable deviation in respect of permitted losses.It could mean that the permitted loss is actually the total loss,but that you would be able to get away with a loss £4m greater than 'allowed' in 11/12 and £2m greater in 15/16. As the latter is on a sliding scale,it's obvious that the allowed deviation would be greater than £2m in 14/15.If our 10/11 total loss were replicated in 14/15,then the deviation would be £1.7m,well within the acceptable level.Therefore,even under this interpretation,we would appear to have been in advance of the 14/15 requirements in 10/11. Link to comment Share on other sites More sharing options...
Shake n Bake Posted April 25, 2012 Share Posted April 25, 2012 Wonder who didn't vote in favour? West Ham, Leicester and who? Link to comment Share on other sites More sharing options...
bcnram Posted April 25, 2012 Share Posted April 25, 2012 Fleetwood Town in the Conference have a wage bill of £1 million, crazy. Not that crazy when you consider like most teams in that league they are full-time. They are also running away with that division. Link to comment Share on other sites More sharing options...
networker1884 Posted April 25, 2012 Share Posted April 25, 2012 Wonder who didn't vote in favour? West Ham, Leicester and who? Birmingham probably. Link to comment Share on other sites More sharing options...
smiffy Posted April 25, 2012 Share Posted April 25, 2012 So how is it fair when relegated teams will have FOUR years parachute payments before they are in debt ???? Link to comment Share on other sites More sharing options...
RotherhamRam Posted April 25, 2012 Share Posted April 25, 2012 So how is it fair when relegated teams will have FOUR years parachute payments before they are in debt ???? In respect of the parachute payments I believe this is not counted as investment. In the first season they have the ability to use the parachute payment to attempt to get straight back up but if fail then they have to adhere to the revenue balance of this scheme. Also looking at this sanctions placed onto teams who are fined means that clubs within the league benefit. For example Leicester with the millions they have spent would fall foul of the sanctions and fines could run into the millions and this would be split between the other teams. The gamble of spending for promotion may have just become a bit bigger as failure means fine and/transfer embargo. Looking at the teams in the top 6 could see some struggling WHU and Birmingham for example one of these teams will be suffering next year and the squad will have to be reduced. Then teams like Leicester and Ipswich could face similar problems and managers like Warnock who wants to totally revamp his team may not be able to do as much as they want as they have to balance the sheets. We have done the donkey work already and over the next couple of seasons we could steal a march on these clubs who are not ready Link to comment Share on other sites More sharing options...
Shake n Bake Posted April 25, 2012 Share Posted April 25, 2012 Birmingham probably. Knew I was forgetting another big spender. Link to comment Share on other sites More sharing options...
networker1884 Posted April 25, 2012 Share Posted April 25, 2012 Knew I was forgetting another big spender. Its not so much that. Just the Football League have had trouble with their owners and have put transfer embargos on them a couple of times this season. Link to comment Share on other sites More sharing options...
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