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Posted
17 minutes ago, AdcockFox said:

Great strike by Harvey 

Dammit - I missed it...  Shopping before the LCFC match was more important :P (And since it's not on Sky I can't replay it for myself, dammit.  Why do we need 3 companies to show footy matches? :P )

Posted

New spending rules force lesser clubs to sell, sell, sell
Story by Sam Wallace

 

The rules were championed by the Premier League’s biggest clubs to give them, of course, the supremacy in the transfer market they have always sought to maintain – although perhaps none could imagine the consequences.

This summer, in the great Premier League spending bubble, the new financial controls created in the image of Uefa’s remodelled system, are bearing their teeth. Squad cost ratio (SCR) voted into the Premier League’s rulebook in November by the minimum quorum of clubs – 14 – has established an entirely new trading dynamic for less wealthy clubs: sell, sell, sell.

 

For the upwardly mobile mid-ranking teams – with low revenue and relatively high costs on transfer fees and wages – the danger posed by SCR was obvious. It placed a limit on spending relative to revenue (85 per cent) that afforded them much less room to manoeuvre. In Uefa competitions, SCR is even tighter: just 70 per cent of turnover can be spent on fees, wages, bonuses, agents and all the associated costs.

 

Continues here - New spending rules force lesser clubs to sell, sell, sell

Posted
1 hour ago, davieG said:

New spending rules force lesser clubs to sell, sell, sell
Story by Sam Wallace

 

The rules were championed by the Premier League’s biggest clubs to give them, of course, the supremacy in the transfer market they have always sought to maintain – although perhaps none could imagine the consequences.

This summer, in the great Premier League spending bubble, the new financial controls created in the image of Uefa’s remodelled system, are bearing their teeth. Squad cost ratio (SCR) voted into the Premier League’s rulebook in November by the minimum quorum of clubs – 14 – has established an entirely new trading dynamic for less wealthy clubs: sell, sell, sell.

 

For the upwardly mobile mid-ranking teams – with low revenue and relatively high costs on transfer fees and wages – the danger posed by SCR was obvious. It placed a limit on spending relative to revenue (85 per cent) that afforded them much less room to manoeuvre. In Uefa competitions, SCR is even tighter: just 70 per cent of turnover can be spent on fees, wages, bonuses, agents and all the associated costs.

 

Continues here - New spending rules force lesser clubs to sell, sell, sell

Makes you wonder why any but the top clubs voted it in. 

Posted
32 minutes ago, The Bear said:

Makes you wonder why any but the top clubs voted it in. 

Like when we voted to allow the 6 to have a bigger share of the international revenues when they were originally equal.

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