JadeWolf
Official Noddy pre match thread starter.
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This could actually be the season they go down. Another points deduction on the way and no wins in 13.
An £86m loss for a year doesn’t break any rules.Spurs with 86 million loses for the year
Anyone wanna bet they never ever get a deduction at some stage in the future.
An £86m loss for a year doesn’t break any rules.
If a club made the same loss every year then.... But as a one-off....An £86m loss for a year doesn’t break any rules.
They have deductibles for depreciation of their new stadium apparently.Spurs with 86 million loses for the year
Anyone wanna bet they never ever get a deduction at some stage in the future.
Can’t Fosun do the same would like a new spurs type ground and retail park with a train station lolAccording to 2022 Spurs
Over 90% of our financial borrowings of £852.6m, are at fixed rates, with an average interest rate of 2.81%
So that's the thick end of £30m a year in interest that (as it is on the ground) presumably doesn't count to PSR or UEFA FFP.
Would you like Spurs type pricing too?Can’t Fosun do the same would like a new spurs type ground and retail park with a train station lol
Aren't we paying McQuarie something like 7% interest ?According to 2022 Spurs
Over 90% of our financial borrowings of £852.6m, are at fixed rates, with an average interest rate of 2.81%
So that's the thick end of £30m a year in interest that (as it is on the ground) presumably doesn't count to PSR or UEFA FFP.
More Korean fans no problem tourist club and north bank to fill.Would you like Spurs type pricing too?
No, but I wouldn't mind an on-site brewery.Would you like Spurs type pricing too?
Now that l agree with (albeit with sensible pricing).No, but I wouldn't mind an on-site brewery.
McQuarie. The *******s that own Southern and Thames Water. Helping to fleece UK homeowners.Aren't we paying McQuarie something like 7% interest ?
Not Thames Water any more. They offloaded in 2017 having loaded the company with debt, arguably massively underinvested for a decade, and taken out big dividends.... Oh and you might have a look at your utility meters.... At least one of mine says Property of Macquarie....McQuarie. The *******s that own Southern and Thames Water. Helping to fleece UK homeowners.
Aren't we paying McQuarie something like 7% interest ?
Does if it keeps happening. Also 61 mill and 50 mill the two previous years and 677 million debt apparently
Yes but it’s not every year, I guess the Kane sale comes in the following year?If a club made the same loss every year then.... But as a one-off....
I agree albeit their fans' views about Levy make Jizz and Shi look like the most loved ever....Yes but it’s not every year, I guess the Kane sale comes in the following year?
Some of the losses may be stadium related which don’t count.
Spurs are fine, a very well run club imo…
RULE change incoming before City & Chelsea face point deductions
EXCLUSIVE: Premier League eyeing ABOLISHING points deductions
EXCLUSIVE BY MIKE KEEGAN: Premier League clubs are considering abolishing points deductions and introducing a 'luxury tax', Mail Sport can reveal.www.dailymail.co.uk
In other words let the rich keep spending to protect their product of the EPL. The gulf in abilities of clubs will become enormous. Many fans to clubs like Wolves and other mid table outfits will lose interest
There has to be some regulations on spending to keep a level playing field. It’s a league 16 other clubs have no chance of winning as it is ??
4 out the next 5 at home. Mostly winnable too.This could actually be the season they go down. Another points deduction on the way and no wins in 13.
If this happens and isn’t clear corruption then I don’t know what isGreat, so all pretence that PSR was there to protect the integrity of the competition and stop clubs from putting themselves at risk is discarded. Worse, let’s put in rules which magnify the benefit of being a big successful club at the expense of the smaller, lower placed clubs. Then just for fun, let’s implement this just as some of those bigger or more wealthy clubs are feeling the pinch from existing rules, and a couple of them are waiting on sanctions for historic rule breaks…
We need the independent regulator now, and to come in and out an end to this self serving farce.
Good luck filling the grounds with yanksAhhh. The Americanisation of our sport begins.
Yeah independent regulators do so well in other areas don't they, love paying these inflated energy prices whilst the companies profits soarGreat, so all pretence that PSR was there to protect the integrity of the competition and stop clubs from putting themselves at risk is discarded. Worse, let’s put in rules which magnify the benefit of being a big successful club at the expense of the smaller, lower placed clubs. Then just for fun, let’s implement this just as some of those bigger or more wealthy clubs are feeling the pinch from existing rules, and a couple of them are waiting on sanctions for historic rule breaks…
We need the independent regulator now, and to come in and out an end to this self serving farce.
It began a long time ago and its getting worse. But there doesn't seem to be any acknowledgement that American and British sports exist in different societal structures, (e.g. significance of college sports in the USA) . We just copy because if it worked over there it will surely work over here.Ahhh. The Americanisation of our sport begins.
Well it needs 12 clubs to vote yes to it first so its not just the big 6 that have a sayRULE change incoming before City & Chelsea face point deductions
EXCLUSIVE: Premier League eyeing ABOLISHING points deductions
EXCLUSIVE BY MIKE KEEGAN: Premier League clubs are considering abolishing points deductions and introducing a 'luxury tax', Mail Sport can reveal.www.dailymail.co.uk
In other words let the rich keep spending to protect their product of the EPL. The gulf in abilities of clubs will become enormous. Many fans to clubs like Wolves and other mid table outfits will lose interest
There has to be some regulations on spending to keep a level playing field. It’s a league 16 other clubs have no chance of winning as it is ??
ChelseaWell it needs 12 clubs to vote yes to it first so its not just the big 6 that have a say
Yeah independent regulators do so well in other areas don't they, love paying these inflated energy prices whilst the companies profits soar
This is not the forum to get into that debate, but that’s a poorly informed assessment of why energy prices have been high. More generally, regulators apply the rules and guidelines using the tools they are given. Give them poorly drafted rules, few resources and few powers, and you will get garbage regulation. Give a competent football regulator the right rules, and tools, and we will get decent regulation for the game.
Of course the PL can remove FSP in England but then English clubs qualifying for Europe will get absolutely hammered by UEFA who have been busy strengthening their own FSP.Soft cap - that was my exact idea to redistribute taxes to the clubs that don’t breach a taxline, hopefully I’ll be due a cheque in the mail if it passes…
Still not sure it will work though. Removing FFP removes the safety blanket, what happens when the Oil Barons are bored of Newcastle after spending billions with zero restrictions leaving them with crippling debts?
It allows those who want to spend to spend, while the clubs who play fair receive a significant tax from each of the clubs that breach it.
Newcastle spend £1 billion with a 50% tax rate on anything over £100 million, £450 million split between the teams that don’t go above the tax line (let’s say 10 clubs), that would mean £45m each.
Might seem like a drop in the ocean, but when you factor in the “big six” doing similar, it would soon add up. Even so, if it gave clubs that played fair an extra £200m to spend it’s still nothing compared to what the top clubs will be spending.
Realistically though what does releasing the shackles actually do for the league. The big six will continue spending, and maybe a flurry of clubs will also spend exorbitant amounts to try to compete - namely Newcastle.
Does it actually benefit us in the long run? If anything it creates a less competitive league as the “big six” becomes however many other clubs want to spend billions to try to compete until their owners get bored and cut the cord.
Keep FFP but make it less restrictive, allow clubs to spend 100% of what they earn rather than 70%. It doesn’t solve the problem of the “big six” still having significantly more room to spend, but I’m not convinced a free-for-all would be any better to be honest.
Is this potential change in the rules done so they don’t have to deduct points from Man City or other big clubs ?
Not sure Everton and Forest will be too happy given their punishment.
Uefa's days are numbered mate, by hook or by crook the super league will happen, if the English sides are banned then it just gets set up sooner and probably with a very heavy English presence (10 sides or so).Of course the PL can remove FSP in England but then English clubs qualifying for Europe will get absolutely hammered by UEFA who have been busy strengthening their own FSP.
Spending £1Bn then being barred from the CL and the associated £££s looks rather less appealing.....
There is precious little love lost between UEFA and FIFA but l seriously doubt that the latter want that, which could seriously challenge their authority over the game, either.Uefa's days are numbered mate, by hook or by crook the super league will happen, if the English sides are banned then it just gets set up sooner and probably with a very heavy English presence (10 sides or so).
Yes that is what I thought,I get the impression that it’s for future breaches. And there would be a “Start Date” for new rules?
So Chelsea, Villa, Leicester etc could still have problems
If not, the PL and FA could be open to legal action.
City problem seems to be an entirely different kettle of fish
You're dreaming if you think they'll have the power to make any real changeThis is not the forum to get into that debate, but that’s a poorly informed assessment of why energy prices have been high. More generally, regulators apply the rules and guidelines using the tools they are given. Give them poorly drafted rules, few resources and few powers, and you will get garbage regulation. Give a competent football regulator the right rules, and tools, and we will get decent regulation for the game.