Transfer ban

[essexred52]

What I want to know, is what happened with clubs like Bolton. Last I saw they was net debt 163 million
Ipswich lost 7.1 million in 2014
9.7 million in 2013?
Birmingham net debt £24 million
Brighton net debt 54 million
Cardiff- net debt 85 Million, wages 190% of turnover

And on and on.
Yet only 3 clubs are penalized? weird

maybe worth popping over to their boards and asking those fans from the clubs you mentioned Tricky, ban only till June so not really that worried.

[su4eranio]

I think the rules focus on losses for the season as opposed to c/f debt. I agree that something stinks with that, as highlighted by those debts. I assume they aren't embargoed though cos their losses for last season were below the £8m limit

[Trickytreesreds]

I think the rules focus on losses for the season as opposed to c/f debt. I agree that something stinks with that, as highlighted by those debts. I assume they aren't embargoed though cos their losses for last season were below the £8m limit

Yes but how do you calculate that debt then?
It's ok taking revenue against outgoings as your measurement. But when you're 183 million in debt, they should be asking how that's going to get reduced?

This whole thing is about player wages.
They won't impose a wage limit, as they would get sued. So they put the pressure on the clubs, to influence the market indirectly.
When no one can afford to buy and pay them, the market will have to change, or no one moves anywhere.

[su4eranio]

Didnt one of the Pies say that there is a wage cap on their division? Dont recall the League being sued over that

However FFP is dressed up, all they are doing is trying to get clubs to operate within fixed tolerance of Income vs Expenditure. If 19 of the clubs managed to comply, then something must be working, even if not perfectly.

If this is directly or indirectly influencing wage reduction, agents fees etc then for me its a good thing, especially if it protects other businesses who service football clubs from non-payment of bills

Those clubs with the huge debts - eg Bolton, that is a loan from a rich owner, a bit like Fawaz did with Florest. If their owner converts the debt to equity, then does that make it right again? What they are doing though is managing the day to day costs to stop the debt spiralling even higher than the limits FFP imposed

[Trickytreesreds]

Didnt one of the Pies say that there is a wage cap on their division? Dont recall the League being sued over that

However FFP is dressed up, all they are doing is trying to get clubs to operate within fixed tolerance of Income vs Expenditure. If 19 of the clubs managed to comply, then something must be working, even if not perfectly.

If this is directly or indirectly influencing wage reduction, agents fees etc then for me its a good thing, especially if it protects other businesses who service football clubs from non-payment of bills

Those clubs with the huge debts - eg Bolton, that is a loan from a rich owner, a bit like Fawaz did with Florest. If their owner converts the debt to equity, then does that make it right again? What they are doing though is managing the day to day costs to stop the debt spiralling even higher than the limits FFP imposed

No the Pies players don't have a wage cap.
The club does. I believe it

[Mansfield_Blade]

Those clubs with the huge debts - eg Bolton, that is a loan from a rich owner, a bit like Fawaz did with Florest. If their owner converts the debt to equity, then does that make it right again?

No, the owners are only allowed to put in £5M of their own money.

After all one off payments are ignored 2 seasons ago Bolton made a loss of £38M, so for them to compile they would need to improve their finances by £30M last season, they haven't sold any players for great profit and their income is falling with lower gates and sponsorship deals which were agreed when they were in the Premier League coming to an end.

The only way I can see Bolton compiling with the regulations is that they have sold the naming rights for their stadium in April, if they have managed to put all the money from the 4 year deal into last years figures. But of course they will struggle next year to avoid an embargo.

[Romanis]

Do we have 24 registered players? Or if we offload say Abdoun and Collins etc and fall below 24, can we buy or loan as normal?

[essexred52]

Do we have 24 registered players? Or if we offload say Abdoun and Collins etc and fall below 24, can we buy or loan as normal?

no it's simply 1 player out 1 player in on a free or loan we can't buy, not sure how many registered players we have Romanis, we can if needed get emergency loan goalkeeper only,

[Polish_ForestMad]

We have 22 players that fall into that category so there is 2 places spare without shifting abdoun and Collins.

[Romanis]

So we can sign 2 on a free and pay wages of no more than 12k each?