Financial Fairplay Starts In Coming Season

[yorkie1999]

Not exactly financially fair when a club drops down from the prem and gets a 30 million pound handout is it, they should scrap this money

[Babylon]

King power sponsor the stadium so surely they will raise the sponsorship by 20mil to get round it!???

I believe there are clauses that stop you from doing stuff like that. You can push it up a fair old amount, but not too much.

Anyway, you'd still be GIVING the money rather than LOANING the money that way, so I doubt they would want to do that.

[DorsetFox9]

I believe there are clauses that stop you from doing stuff like that. You can push it up a fair old amount, but not too much.

Anyway, you'd still be GIVING the money rather than LOANING the money that way, so I doubt they would want to do that.

Surely a company that is within their little circle could sponsor the shirt for say £30m? Air Asia or someone. the money could still easily be from Asia Investments Group.

[Babylon]

Surely a company that is within their little circle could sponsor the shirt for say £30m? Air Asia or someone. the money could still easily be from Asia Investments Group.

As I mentioned anything out of the ordinary would be regulated I think. Plus, why would air asia just want to give us £30m. It can't be loaned, so what do they get in return. You could sponsor a premier league club for much less than that.

So to combat FFP we are signing De Laet, Kane and Stewart

[coolhandfox]

In the long run this will be good for football as long as it’s introduced across the premiership by UEFA as well.

It will reduce player wages and hopefully bring down transfer fees, which can only be a good thing.

I would suggest we are moving in the right direction already as we have remove a number of players of the wage bill i.e. Oakley, Berner, Abe, Fernandez, Ball and Johnson, with more than likely Howard, Vassell, Tunchev and Mills to follow. The appointment of NP make sense when you consider he will bring in young hunger players who will be on lower wages i.e. Drinkwater, Marshall Etc.

Also the owners have invested a significant amount in the clubs infrastructure which doesn’t count for FFP, I would also guess as well that the rent we pay on the stadium is not counted either!

[dave the caveman]

Clubs can generate cash by getting transfer fees by selling on youth players - Southampton have been doing well on this front.

Won't help once every club is having to do the same thing. It'll come down to who has the best scouts and youth setup and who can poach the best youngsters and all of that will come down to who has the most money which will come down to your gate receipts and sponsorships, meaning the biggest clubs in that regard will forever be immovable. It will be a self reinforcing cycle.

[Milton Keynes Fox]

So clubs who overspend, lose more money through having fines given?

[Babylon]

So clubs who overspend, lose more money through having fines given?

If promoted.

[MrSpaM]

I'm also wondering what this means for clubs relegated from the premiership, do the parachute payments count towards their yearly income or what, or will they still have to sell players in accordance with their gate receipts?

[Babylon]

I'm also wondering what this means for clubs relegated from the premiership, do the parachute payments count towards their yearly income or what, or will they still have to sell players in accordance with their gate receipts?

It would count towards their income I suspect. This isn't just about gate receipts, it's about total income. That could come from selling players, selling shirts, selling pies, tv income, league money etc etc.

[MrSpaM]

It would count towards their income I suspect. This isn't just about gate receipts, it's about total income. That could come from selling players, selling shirts, selling pies, tv income, league money etc etc.

If thats the case i'm pretty sure our owners would find a loophole sponsership wise or something. It sounds like there are a million and one ways of sidestepping these regulations. I seriously think we havnt got a whole lot to worry about as long as our owners dont jump ship.

I mean whats to stop our owners merging the club with King Power, and then just saying that it's the total profits of King Power that matter?

[Babylon]

If thats the case i'm pretty sure our owners would find a loophole sponsership wise or something. It sounds like there are a million and one ways of sidestepping these regulations. I seriously think we havnt got a whole lot to worry about as long as our owners dont jump ship.

As I have mentioned that will probably be regulated to stop people doing that. They might be able to push the boundaries, but nothing ridiculous. Also, our owners are lending the money to us at the moment. To get around it as you are suggesting would mean giving the money to us, something they probably won't want to do.

[brockmyster]

Does the rules include the 70% max of income spent on wages?

[jamesmilner]

one thing that baffles me is how did andrew neville allow us to buy all these players with sven, knowing this was in the pipeline ? as director of football he has put us in a dodgy position to say the least . who to and how are these players going to be sold ? the wages will be a massive stumbling block unless neville pays up their contracts and starts again ! what were leicester city and the thais thinking putting such an inexperienced person in that position ?

[MrSpaM]

one thing that baffles me is how did andrew neville allow us to buy all these players with sven, knowing this was in the pipeline ? as director of football he has put us in a dodgy position to say the least . who to and how are these players going to be sold ? the wages will be a massive stumbling block unless neville pays up their contracts and starts again ! what were leicester city and the thais thinking putting such an inexperienced person in that position ?

I dont think he was expecting Sven to fail so badly to be honest

It's looking more and more like the key to promotion is a settled squad, something we havnt had since Sousa was appointed

[Babylon]

one thing that baffles me is how did andrew neville allow us to buy all these players with sven, knowing this was in the pipeline ? as director of football he has put us in a dodgy position to say the least . who to and how are these players going to be sold ? the wages will be a massive stumbling block unless neville pays up their contracts and starts again ! what were leicester city and the thais thinking putting such an inexperienced person in that position ?

I'm sure it was most probably him being put in this position, rather than him putting us in this position.

[davieG]

one thing that baffles me is how did andrew neville allow us to buy all these players with sven, knowing this was in the pipeline ? as director of football he has put us in a dodgy position to say the least . who to and how are these players going to be sold ? the wages will be a massive stumbling block unless neville pays up their contracts and starts again ! what were leicester city and the thais thinking putting such an inexperienced person in that position ?

He would've been working to a budget supplied and approved by the Thais with players approved by Sven as for his inexperience he was doing the same job when MON had him put in place to act as a bridge/barrier between him and Pierrepoint and he's been at the club in a variety of roles involving players every since, hardly inexperienced. I think you're targeting the wrong guy.

[Ric Flair]

Welcome to a league full of loanees from the PL.

[Trav Le Bleu]

Right, we need to start beng sensible with the bids and wages we are willing to pay.

Get players out and be clever with our signings, we don't need to break the bank to be successful.

Indeed, especailly when all the other clubs have to follow the same rules. One thing though - it talks about the losses that QPR made... they're short term loses, but I would guess, with achieving promotion, long-term gain. So actually they made a profit?

[jamesmilner]

He would've been working to a budget supplied and approved by the Thais with players approved by Sven as for his inexperience he was doing the same job when MON had him put in place to act as a bridge/barrier between him and Pierrepoint and he's been at the club in a variety of roles involving players every since, hardly inexperienced. I think you're targeting the wrong guy.

please look at the job description of a director of football . i think you 'll find he/she is in charge of transfers .

[davieG]

please look at the job description of a director of football . i think you 'll find he/she is in charge of transfers .

He is but he would have been give a budget by the owners and CEO and Sven would have picked the players, a title in itself means absolutely nothing and if you think he had the freedom to spend without any control then you've got a strange sense of how businesses work.

[jamesmilner]

like i said ,please LOOK at a job description of a director of football . i have , i am right .of course theres a budget but was their a budget for individual signings ? i doubt it dont you ? he's a director of football because of the thais inexperience in the game . if you LOOKED like i thought you might .you'd see that . yes he is answerable to the board but he's definitely there to guide the board due to their lack of knowledge in football but not business . FACT ! do you want me to email my source so you can see ?

[LCFC_Peter]

can the owners get round the financial fair play rule by raising the sponsorship of King Power and then paying more to the club with their company through a new sponsorship deal???

[davieG]

like i said ,please LOOK at a job description of a director of football . i have , i am right .of course theres a budget but was their a budget for individual signings ? i doubt it dont you ? he's a director of football because of the thais inexperience in the game . if you LOOKED like i thought you might .you'd see that . yes he is answerable to the board but he's definitely there to guide the board due to their lack of knowledge in football but not business . FACT ! do you want me to email my source so you can see ?

Sven provided the football knowledge, Neville had budget to cover all Sven's requirements unless you know differently there is no indication that he went beyond his brief or spent more than his budget, wasn't Sven prepared to pay £5-£6 million for Maynard and Jelevic (sp). He would have been guided by Sven on which players he wanted the most and how valuable they were to Sven's plans, all contracts would have been agreed by the Thais and the CEO.

As I said you have a different view than me fine, but that is my understanding of how any director in any business would work I can't imagine why or believe that LCFC would choose to operate differently. We'll just have to agree to differ.

[Guest shearfox]

Excellent way to push championship sides further behind the Premier League. Surely teams coming down from the Prem will now have even more spending power over the rest of the league.