Dahnsouff Posted 18 June 2022 Posted 18 June 2022 43 minutes ago, Clever Fox said: Not necessarily, for instance staying with Spuds for example. They've built 900 mil pd Stadium. That's a positive reason for the debt. And a valuable asset which may prove self financing. Through additional uses. As opposed to squandering it on a bunch of useless players like Utd seem to keep doing. It's not really about the size of the debt. It's more about the abily to service that debt. As in Utds case it's well within their means, just not good for their aspirations in winning Trophies. Spuds on the other hand, Taking the ground out of the equation, Their not too indebted, Which puts them in a strong position going forward. Which still leaves my original question of. How is Stadium debt handled in relation to FFP. Is it set aside as a company non football debt. Or is it Amortized of 10 or more years and part of the FFP Calculations. I always thought stadium or academy (infrastructure) spend was outside of FFP calculations.
Clever Fox Posted 18 June 2022 Posted 18 June 2022 1 minute ago, Dahnsouff said: I always thought stadium or academy (infrastructure) spend was outside of FFP calculations. Yes, That seems to be the case. But a little weird never the less. Debt is still Debt.
Clever Fox Posted 18 June 2022 Posted 18 June 2022 9 minutes ago, Claridge said: Does that mean LCFC could buy companies, that are not football related on debt, but use the profits for the football club? It depends on how the parent company is structured. Take Ashley for instance buying Derby. He owns plenty of companies and he can use that money to save Derby, Or he can use them as collateral against loans generated to save Derby. Then he can attach that debt to Derby or spread it across all his companies. If he uses personal cash he can give it as a loan into the accounts or write it off. Which is what Vichai done for us God bless him in his early days here. It really comes down to ability to pay.
MadsEmil Posted 18 June 2022 Posted 18 June 2022 15 minutes ago, Clever Fox said: Yes, That seems to be the case. But a little weird never the less. Debt is still Debt. Well that's that then. We'll sign Messi for our academy and promote him to the senior squad from time to time. 1
sacreblueits442 Posted 18 June 2022 Posted 18 June 2022 1 hour ago, Clever Fox said: Not necessarily, for instance staying with Spuds for example. They've built 900 mil pd Stadium. That's a positive reason for the debt. And a valuable asset which may prove self financing. Through additional uses. As opposed to squandering it on a bunch of useless players like Utd seem to keep doing. It's not really about the size of the debt. It's more about the abily to service that debt. As in Utds case it's well within their means, just not good for their aspirations in winning Trophies. Spuds on the other hand, Taking the ground out of the equation, Their not too indebted, Which puts them in a strong position going forward. Which still leaves my original question of. How is Stadium debt handled in relation to FFP. Is it set aside as a company non football debt. Or is it Amortized of 10 or more years and part of the FFP Calculations. ...you would think as a capital investment (infrastructure) it wouldn't be part of FFP!!! We have spent £100m (or at least taken out a loan/s for that value without contravening FFP). We are doing the same with the stadium without fear of any impact regarding FFP. The amortization of stadium debts it seems, so far as capital investments are concerned, seems to be neither here nor there, in relation to FFP. 1
Clever Fox Posted 18 June 2022 Posted 18 June 2022 13 minutes ago, sacreblueits442 said: ...you would think as a capital investment (infrastructure) it wouldn't be part of FFP!!! We have spent £100m (or at least taken out a loan/s for that value without contravening FFP). We are doing the same with the stadium without fear of any impact regarding FFP. The amortization of stadium debts it seems, so far as capital investments are concerned, seems to be neither here nor there, in relation to FFP. Yes, What some are even doing is just paying the Interest and little or none of the Capital. Allowing inflation to take care of the Capital. Govs have been doing this for a longtime. FFP clearly favours the bigger clubs. 1
Popular Post filbertway Posted 18 June 2022 Popular Post Posted 18 June 2022 34 minutes ago, FoxinNotts said: I think Soyuncu will be going to Chelsea Sorry, can you stay on topic please 11
taupe Posted 18 June 2022 Posted 18 June 2022 (edited) 39 minutes ago, FoxinNotts said: I think Soyuncu will be going to Chelsea I read mention of that possibility a month or so back, allied to the then potential buyers of the club, but I've not read anything since. Chelsea could well be in the market for CBs but whether Cags ticks their boxes, who knows. I suspect we'll hear more now Cags is done with his international duties. Edited 18 June 2022 by taupe 1
funkyrobot Posted 19 June 2022 Posted 19 June 2022 On 18/06/2022 at 01:52, sacreblueits442 said: ....I always thought it was!!! Very specific revenue rules coming in 1
Babylon Posted 19 June 2022 Posted 19 June 2022 13 minutes ago, funkyrobot said: Very specific revenue rules coming in It’s phased in over 3 years, this year it’s only 90%.
Babylon Posted 19 June 2022 Posted 19 June 2022 16 minutes ago, funkyrobot said: Very specific revenue rules coming in Premier league has different rules, so it only applies to teams in European competitions. And if you get Europe, your revenue is going to increase substantially anyway. Also, you can make upto £70m in losses over three years. Up from £30m… how exactly that works with 70% rule I’m not sure. If you are making losses then surely you are spending more than that 70%.
Finnegan Posted 19 June 2022 Posted 19 June 2022 On 18/06/2022 at 13:08, coolhandfox said: FFP in my view has never been about making football sustainable, it's about keeping the status quo. The traditional elite doesn't want the likes of a Leicester or a Blackburn gate cashing the party. If it was about sustainability UEFA would tackle agent fees, players wages, debt, unfit owners. Louder for the people at the back 3
Sly Posted 26 June 2022 Posted 26 June 2022 He’s being linked to Inter Milan today again, as a replacement for Skriniar. https://www.spaziointer.it/2022/06/26/skriniar-bremer-soyuncu-milenkovic/amp/
Nalis Posted 26 June 2022 Posted 26 June 2022 2 hours ago, Sly said: He’s being linked to Inter Milan today again, as a replacement for Skriniar. https://www.spaziointer.it/2022/06/26/skriniar-bremer-soyuncu-milenkovic/amp/ Potentially selling our reserve CB to Inter Milan, there are some things with us I'll never get used to. 4
turlo Posted 26 June 2022 Posted 26 June 2022 2 hours ago, Sly said: He’s being linked to Inter Milan today again, as a replacement for Skriniar. https://www.spaziointer.it/2022/06/26/skriniar-bremer-soyuncu-milenkovic/amp/ They're looking at him as a back up option if they don't land Bremer. If they get 50-60 mill from PSG for Skriniar, they should be able to afford 35m for Bremer, unless another club like Chelsea come in for him
moore_94 Posted 26 June 2022 Posted 26 June 2022 5 minutes ago, turlo said: They're looking at him as a back up option if they don't land Bremer. If they get 50-60 mill from PSG for Skriniar, they should be able to afford 35m for Bremer, unless another club like Chelsea come in for him Inter are after 2 centre backs, so would be Bremer and someone else like Soyuncu
turlo Posted 26 June 2022 Posted 26 June 2022 2 minutes ago, moore_94 said: Inter are after 2 centre backs, so would be Bremer and someone else like Soyuncu fair enough if that's the case. If their finances are still up the spout they're be looking to get that second CB on the cheap if they splash out on Bremer first.
TMELcfc Posted 26 June 2022 Posted 26 June 2022 On 18/06/2022 at 13:08, coolhandfox said: FFP in my view has never been about making football sustainable, it's about keeping the status quo. The traditional elite doesn't want the likes of a Leicester or a Blackburn gate cashing the party. If it was about sustainability UEFA would tackle agent fees, players wages, debt, unfit owners. Yep this is exactly what it is, keeping the elite, elite 2
Fox1norfolk Posted 26 June 2022 Posted 26 June 2022 2 hours ago, TMELcfc said: Yep this is exactly what it is, keeping the elite, elite It’s all about keeping the top six in the top six. ( with the discreet assistance of VAR) In the worldwide football £billon industry it’s about big brands, unfortunately, LCFC and others are not considered a big brand, so don’t expect any favours. 1
LFox99 Posted 4 July 2022 Posted 4 July 2022 (edited) Inter willing to fork out 30m Euros for Akanji according to German sources, surely Soyuncu will be among the options seeing how he isn't looked that kindly upon at Dortmund Edited 4 July 2022 by LFox99
Ric Flair Posted 4 July 2022 Posted 4 July 2022 14 minutes ago, LFox99 said: Inter willing to fork out 30m Euros for Akanji according to German sources, surely Soyuncu will be among the options seeing how he isn't looked that kindly upon at Dortmund Akanji is hideous
LFox99 Posted 4 July 2022 Posted 4 July 2022 1 minute ago, Ric Flair said: Akanji is hideous last year of his contract as well, offer them Soyuncu for 25m, happy days 1
TommyK Posted 4 July 2022 Posted 4 July 2022 9 minutes ago, Ric Flair said: Akanji is hideous Is this...a good thing?
LFox99 Posted 4 July 2022 Posted 4 July 2022 9 minutes ago, TommyK said: Is this...a good thing? yeah cause Inter are seemingly willing to pay up to 30m for a hideous player should have no problem selling them Soyuncu instead 1
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