The Contract Money Problem

[JamesWelshFox]

Remarkably our problem is money - not whether we have the money but how much we are allowed to spend, because of how little we have spent comparatively in the past.

 

I have no problem with restrictions on salary spend, but surely this should be based on your ability to show the FA that you can afford what you intend to spend, as opposed to a year on year increase at permitted levels. 

 

What we have is the bizarre situation in which the Champions of England (still enjoying that) cannot afford to keep their best players, and so will have to go into the Champions League having had their squad ripped apart by those who are allowed to spend more under this system.

 

How is a club like Leicester ever supposed to compete with those clubs who have always spent lots of money, the deck is stacked against the likes of us being able to do this because financially we are hamstrung by comparison.

 

The FA are just maintaining the status quo, and surely this cannot be healthy for the game.

 

End of rant

[shen]

Remarkably our problem is money - not whether we have the money but how much we are allowed to spend, because of how little we have spent comparatively in the past.

 

I have no problem with restrictions on salary spend, but surely this should be based on your ability to show the FA that you can afford what you intend to spend, as opposed to a year on year increase at permitted levels. 

 

What we have is the bizarre situation in which the Champions of England (still enjoying that) cannot afford to keep their best players, and so will have to go into the Champions League having had their squad ripped apart by those who are allowed to spend more under this system.

 

How is a club like Leicester ever supposed to compete with those clubs who have always spent lots of money, the deck is stacked against the likes of us being able to do this because financially we are hamstrung by comparison.

 

The FA are just maintaining the status quo, and surely this cannot be healthy for the game.

 

End of rant

 

Who at the FA cares about the game though?

[davieG]

Surely these restrictions are PL ones not the FA. UEFA  may have some influence  due to the euro  comps but not the fa.

 

That being said are the restrictions not voted in by the majority of PL teams?

[yorkie1999]

Hence why big teams will stay big under financial fair play.

[st albans fox]

Surely these restrictions are PL ones not the FA. UEFA may have some influence due to the euro comps but not the fa.

That being said are the restrictions not voted in by the majority of PL teams?

Yes - 2/3 majority

No idea how we voted

But there is a get out clause for exceptional circumstances. If that doesn't cover us then not sure what could be considered as such

[Ric Flair]

There is still plenty enough scope for us to increase our wage bill given what we have achieved and earnt.

[GaelicFox]

Call the premier leagues bluff !

They won't want the script to read they run a cartel !

I'm sure we would dispensation given the unique circumstances

[foxinsocks]

I think this is a mechanism in response to the leeds utd scenario.  But where a club has recourses and owners willing to back it then this this unnecessary.  Leeds had a bit of success, boosted their wage bill, didn't even own the assets (inc players) and then couldn't meet their wage bills when there was no more CL money... I am sure this can be gotten around... but if shows how hopeless the fa are

[NotTheMarketLeader]

I think this is a mechanism in response to the leeds utd scenario. But where a club has recourses and owners willing to back it then this this unnecessary. Leeds had a bit of success, boosted their wage bill, didn't even own the assets (inc players) and then couldn't meet their wage bills when there was no more CL money... I am sure this can be gotten around... but if shows how hopeless the fa are

It not because of that situation Leeds got themselves into - despite what UEFA (it's them who sold the idea of financial fair play) have spouted forth.

It's time everyone grasped the fact that its been done to keep the fat cat clubs, and the people who ride on the football gravy train in a position of power. It guarantees that those who have dominated in recent years maintain that position.

Football at the very top has been crooked and run by crooks for at least 40 years. Fortunes have been made by ill gotten gains, matches fixed, bribes dished out left right and centre, and in this case, cartels enhanced by a governing body proven to be rotten to the core operating using many illegal practices.

[fuchsntf]

But we the fans, the supporters, we numpties, still go by our 10s of thousands to watch the outcome

everyweek , where the results are influenced by all these merchants of corruption.

If we dont go to the stadia, then we watch this mob influenced sport on payed TV, and see

the channels figures sore...!!

Then for extortionate prices we the mature and wise grown men, who claims to know what

its all about, with a wink and a nudge...go down the clubshops and buy up all the merchandise.

Amazing how cheap peoples principals can be cheapily bought for.

They will be using drugs next!!! Then put money down for riduculous odds.

Why my word, they might even see the foxes win the champions league.

Vardy the sheffield metal wonder turned goalkiller,

Mahrez the dribbling dazzler, blinds all before him

Kante the smiling assassin.

Remain or Lexit, the balls will keep on turning

[cc_star]

Surely these restrictions are PL ones not the FA. UEFA  may have some influence  due to the euro  comps but not the fa.

 

That being said are the restrictions not voted in by the majority of PL teams?

 

Just shows you how many clubs are happy with just exiting between 6th & 17th year after year

[ThaiFox]

Remarkably our problem is money - not whether we have the money but how much we are allowed to spend, because of how little we have spent comparatively in the past.

 

I have no problem with restrictions on salary spend, but surely this should be based on your ability to show the FA that you can afford what you intend to spend, as opposed to a year on year increase at permitted levels. 

 

What we have is the bizarre situation in which the Champions of England (still enjoying that) cannot afford to keep their best players, and so will have to go into the Champions League having had their squad ripped apart by those who are allowed to spend more under this system.

 

How is a club like Leicester ever supposed to compete with those clubs who have always spent lots of money, the deck is stacked against the likes of us being able to do this because financially we are hamstrung by comparison.

 

The FA are just maintaining the status quo, and surely this cannot be healthy for the game.

 

End of rant

 

The FA appointed hodgson. no more needs to be said.

[Great Boos Up]

From what I've actually read on FT:

Financial fair play is not totally concise in regards to Premier League clubs with so many financial angles?

Short Term Financial Controls implemented by the Premier League (not FA) are the larger issue for us.

I don't know if these measures (Premier League conspiracy to stop anyone doing a Leicester never happens again) are judged on what the wage bill was at the start of our season or before the new season starts? Plus how much percent increase?

 

Putting in a bid of 30million for a player is now irrelevant if that proposed wage bill sends a four year contract of 100K PER WEEK to 5.2 MILLION over one year of the contract????

 

Perhaps someone could state what our wage bill was/is/proposed current/ future.

 

If we break it does it mean a £50,000 fine. If that's the case just ignore it??

 

I'm a bit (very) confused, but maybe someone could clarify.

[m4DD0gg]

How did man city get away with it?

[steflcfc]

This season coming is going to be tough to follow after last season.

We will have a battle to cement our place into the top 4.

But one I was relishing, as I thought with a Premiership winners medal and Champions League qualification in Pot 1 secure, it would be enough to keep Vardy, Kante and Mahrez for at least 1 more season (more the latter 2)

With Leicesters story on everyone's lips and wanting to see how we fair the season coming, it will be a massive setback to potentially have our side torn apart.

That happening remains to be seen but it will be a long pre season/transfer nightmare.

Will a marquee signing/stadium expansion announcement or something to convince the current squad and potential arrivals that we mean business?

The Thais have money, is splashing the cash the next stage of people taking notice? West Ham are trying but keep getting knocked back.

Before us Man City were the newer club to take the title, I wouldn't have said their revenue would have been massive at the time and without the money of the Sheiks, other than the mentality of being a "big club" how did they convince "World Class" players to sign ahead of the more established Man U/Arsenal/Chelsea etc?

They are still learning at CL level even with the experience they have.

[foxy boxing]

all these players that want vastly improved contracts they have won the premiership just once,maybe if they win it a few times or finish in the top four for the next few years they may be entiltled to massively improve their contracts but this seasons title win was so unexpected does it really warrant every player asking for astronomical wages

[hackneyfox]

all these players that want vastly improved contracts they have won the premiership just once,maybe if they win it a few times or finish in the top four for the next few years they may be entiltled to massively improve their contracts but this seasons title win was so unexpected does it really warrant every player asking for astronomical wages

As they didn't get a bonus for winning it and the fact that we'd like to keep the majority of them then the answer is YES!!!!!

[davieG]

all these players that want vastly improved contracts they have won the premiership just once,maybe if they win it a few times or finish in the top four for the next few years they may be entiltled to massively improve their contracts but this seasons title win was so unexpected does it really warrant every player asking for astronomical wages

Maybe not but you can't blame them for asking besides they can ask but it's up to the club whether they give them one they can always say no and see what happens.

 

The problem with that is if they give big rises to the  ones they feel they can't afford to lose and tell the others no rise for you then you might expect the 'team spirit' to take a bashing.

[WigstonWanderer]

Maybe not but you can't blame them for asking besides they can ask but it's up to the club whether they give them one they can always say no and see what happens.

 

The problem with that is if they give big rises to the  ones they feel they can't afford to lose and tell the others no rise for you then you might expect the 'team spirit' to take a bashing.

Should have thought with this year's additional revenue as a result of taking the title (CL money, etc), there ought to be plenty to go round to make sure that everyone gets a fair deal commensurate with their market value.

Also couple that with the owner's statement some time ago that he expects it to cost up to 180m to attain top 5 status.

If regular top 5 is what the owners want they probably won't get a better chance to make it happen. But to consolidate they would need to "go for it" a some stage and that inevitably means increasing the financial risk.

Without significantly increasing the total wage bill the best we can hope for is something like Southampton and that might not be so easy either.

Wish it wasn't so.

[Sharpe's Foxes]

Remarkably our problem is money - not whether we have the money but how much we are allowed to spend, because of how little we have spent comparatively in the past.

 

I have no problem with restrictions on salary spend, but surely this should be based on your ability to show the FA that you can afford what you intend to spend, as opposed to a year on year increase at permitted levels. 

 

What we have is the bizarre situation in which the Champions of England (still enjoying that) cannot afford to keep their best players, and so will have to go into the Champions League having had their squad ripped apart by those who are allowed to spend more under this system.

 

How is a club like Leicester ever supposed to compete with those clubs who have always spent lots of money, the deck is stacked against the likes of us being able to do this because financially we are hamstrung by comparison.

 

The FA are just maintaining the status quo, and surely this cannot be healthy for the game.

 

End of rant

I think there needs to be a special exception made for a lower spending club that wins the league that they should be able to spend as much as they want to retain their own players and acquire some new ones.

 

This is in the best interests of the FA and the premier league because being a shell of a team as a Pot 1 champions league team would likely lead to an early exit that would damage the coefficient and future spots for the next Champions league for all the teams.  And it is just bad for the sport and the fans in general as it basically means a small club will have a very difficult time joining the big boys no matter how much money they are willing to spend.

[Great Boos Up]

Well it's looking like we could be going way over the allocated Premier League short term financial controls. I wonder if they would implement any points deduction penalty?