Other clubs have had points deductions for various misdemeanours (not FFP) some of which were substantial. Time to do the same for FFP or just drop it altogether.
Drop FFP and drop the transfer window let’s make it more entertaining like the old days
Just to save you reading the thread again, these are losses, not necessarily FFP losses, stadium costs don't count, also the key point is that they have claimed a write off £120m as covid related losses. The last one is the key thing, but the PL were supposed to be monitoring them closely, although the fact that they've charged them must therefore presumably mean they are all over the finances and feel there's a breach. It's only really the scale of the breach and the level of punishment that is unknown. A financial one will be much less likely to lead to any sort of legal claim by other clubs and will make it all go away I reckon, that's the cop out option.
Abolishing FFP in the year where we shed £150m of players to comply with FFP, and opening the financial flood gates just as our owners decide they have no money to invest, would definitely be the most Wolvesy thing for a while.
It will never happen you would have too many teams throwing cash about. Get rid of FFP and just bring in spending caps 100m per season per club. Go above it you get deducted 3pts for every million over spent simple and effective rules year on year, none of this 3 year rule rubbish
Thanks for that info, you are right I hadn't read it all.
Sounds like proper frying pan and fire stuff. The directors may have their revenge on the fans who (allegedly) threatened them!
Whichever way they go with this they will be facing some kind of legal action. I'd imagine they're weighing up the most winnable battle and going for that option.
It is true they’ve been working closely with the PL to try and comply as best they can whilst the investigation is going on but it’s been reported a couple of times they’ve signed players in spite of the PL recommendation being a no.
Not quite sure how they’ll pass the “strengthened” ownership tests.
apple.news
VAR didn’t keep villa up, goal line technology did
Over a rolling 3 year period both have sold enough to keep FFP happy for now, next summer both will have to do some book balancing like we have this year.
Arsenals transfer deficit over the last 5 years is over half a billion pounds, they must have really good sponsors.
I know there's some pretty dodgy stuff, although not all the details. Is any of it worse than killing and sawing up a journalist?
It really doesn’t work like that. How FFP works is there to be seen, I’m not giving anyone a lesson on it.
True, although also may no longer be allowed since they toughened up the rules post that one!
What grinds on me, is why couldn't VAR have stepped in on a 'clear and obvious error' for the incident with hawk eye? It's used for everything else...
You wouldn't bet against that. I assume that "the club" in your first sentence is Everton. We doubtless want them to have a 10+ point penalty lol.....
I thought the same as you on this.
The Saudi league has definitely muddied the water. The EPL is the premium “product” in football and that’s because on the whole the league has the best players. So far the Saudi league generally has attracted those at the end of their careers but should the EPL start imposing FFP properly and by that wages will have to fall then the better players will up sticks and dilute the league. It’s what happened in the early 90s in Italy and their leagues never really recovered.
They owe the BBL a small chunk of change….. I know lads there and they aren’t happy about the late payment! Now they are even more frustrated as they were late on that but have the money to deal with Everton…..
Spot on. Other than the odd 2 year challenge by a club it’s keeping the biggest clubs at the top of the table.
But doesn't that also stifle competition? It maybe gives a couple of the current top six and Newcastle an advantage over some of the others, but it doesn't do anything to allow for the rest of the league to compete. Under a regime like this you consign Wolves to be forever relegation candidates, because, fantasy aside, we are never going to be in a position to outspend the big clubs. We currently have a rigged market. A compete free market is an even worse prospect for football in the UK and certainly for clubs like Wolves.
FFP is precisely designed to keep things as they are and prevent another Man City. Newcastle may be able to skirt this via sponsors keen to gain favour with Saudi Arabia but for everyone else it's very hard to occasionally overcome the financial disadvantages and probably impossible to do consistently.
How would FFP level the playing field (if used properly)?
I never understand what the big deal about needing a level playing field is. The teams swap ends at half time anyway.
By stopping clubs overspending. It’s only part of the problem of course, the main problem is the distribution of the TV money. That needs revamping considerably. It makes no sense that the club that the higher you finish the more you get as in essence it just keeps the rich clubs earning more. It should be reversed in the winners get the most and filter it down to the bottom gets most. A bit like the draft system in US sports.
I'm not proposing this as what should be done, but if you actually want a level playing field where smaller clubs have the chance to win the league, then the only FFP system that could work would be a total salary cap. That's totally against the whole model of the EPL though.
And now you have Saudi Arabia waiting in the wings just waiting for the first sniff of that. If the EPL tried it they would pretty soon lose all the top talent.
I wasn’t all that bothered about the super league that was proposed. Quite happy for those teams to do it BUT they then left our league.
