indierich06 Posted 13 March 2015 Share Posted 13 March 2015 http://www.dailymail.co.uk/sport/football/article-2993315/QPR-fined-50m-breaching-Financial-Fair-Play-rules.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490&utm_source=dlvr.it&utm_medium=twitter Seems our (and probably everyone's) thoughts about QPR's dodgy figures were correct... Jesus Christ! They'd better pray they don't get relegated... Really hope we can be the ones to send them down on the last day, would be ****ing hilarious. Link to comment Share on other sites More sharing options...
Costock_Fox Posted 13 March 2015 Share Posted 13 March 2015 Incredible stuff how teams think they will get away with stuff like this. At least our appeared blag is for a smaller sum, QPR are ****ed. Link to comment Share on other sites More sharing options...
Strokes Posted 13 March 2015 Share Posted 13 March 2015 Incredible stuff how teams think they will get away with stuff like this. At least our appeared blag is for a smaller sum, QPR are ****ed. Hmmm, I think it's more likely FFP is fùcked. You can't be fining clubs £50 million pounds when there is such a disparity of finances between the two leagues, it will get smashed in the courts. Link to comment Share on other sites More sharing options...
MooseBreath Posted 13 March 2015 Share Posted 13 March 2015 There's no shortage of irony in the fact that a fine like that could ruin QPR Link to comment Share on other sites More sharing options...
Sir Fynwy Posted 13 March 2015 Share Posted 13 March 2015 Hmmm, I think it's more likely FFP is fùcked. You can't be fining clubs £50 million pounds when there is such a disparity of finances between the two leagues, it will get smashed in the courts. With £50m at risk the clubs are going to hire some really decent lawyers, not sure the league can afford to fight them. Link to comment Share on other sites More sharing options...
st albans fox Posted 16 March 2015 Share Posted 16 March 2015 so here's my thoery : trevor robinson joins the board in july 2013. first board meeting he attends and the budget is further dicussed for the season upcoming together with the financial results for the previous season. it has already been decided to load as much bad news as possible into these results as the new one will be the first one to count for FFP purposes. susan whelan: 'anyone got an idea how we can save 10 million going forward - we need to ?' FD: we could sell our far eastern commercial rights for then next five years ? susan whelan: that sounds like its worth exploring. i'll get Top to speak to someone in thailand. there must be big some marketing outfits they are working with. trevor robinson: 'ay oop luv, whar abart me mate dev ricardos kumpany in sheffyyuld. he has a marketing firm and we kood av the contracts done quicker than art there. be cheaper not aving to pay all those airfares too' susan whelan: really trev? that sounds wonderful. i had no idea that david owned a marketing company. trevor robinson: (under his breath) nah - neither does he and so it begins. trev, wanting to make a name for himself in the boardroom and possibly some commission via an offshore trust (that bit just for comedy effect - there is no evidence that anyone with the name robinson has done anything wrong in this regard) phones DR with the good news and the contracts are indeed drawn up by the following morning on the back of a friboug and treyer cigarette packet, this being much larger than the standard silk cut king size and no one suspected that treefellas were anything other than an established marketing company. not until it was brought to the attention of ms whelan in a phone call from the football league in dec 2014. she, in turn called TR at his bahamian holiday home to dismiss him. it was december after all and he had only just finished moving in. Link to comment Share on other sites More sharing options...
yorkie1999 Posted 16 March 2015 Share Posted 16 March 2015 Whose Trevor Robinson? Link to comment Share on other sites More sharing options...
wurmer Posted 16 March 2015 Share Posted 16 March 2015 Whose Trevor Robinson? Terry's brothers mothers nephew, obviously. Link to comment Share on other sites More sharing options...
Bayfox Posted 16 March 2015 Share Posted 16 March 2015 Whose Trevor Robinson? that's brilliant. All that effort and it falls down in the 1st sentence. Link to comment Share on other sites More sharing options...
st albans fox Posted 16 March 2015 Share Posted 16 March 2015 Anyone know if Trevor's uncle is into litigation? Link to comment Share on other sites More sharing options...
Swiss_tony Posted 16 March 2015 Share Posted 16 March 2015 With £50m at risk the clubs are going to hire some really decent lawyers, not sure the league can afford to fight them. UEFA are already enforcing their FFP rules. the prem will and so will the FL. And for clubs getting relegated they can just say 'pay up or we won't let you in next season', what are the club going to do, waste time in court trying to fight it whilst their preperation for the season is in complete disarray? Link to comment Share on other sites More sharing options...
yorkie1999 Posted 16 March 2015 Share Posted 16 March 2015 UEFA are already enforcing their FFP rules. the prem will and so will the FL. And for clubs getting relegated they can just say 'pay up or we won't let you in next season', what are the club going to do, waste time in court trying to fight it whilst their preperation for the season is in complete disarray? but the problem is the big clubs will just pay the fine. Didn't man city shell out 50million just recently. It's small change to the bigger clubs but can break a club like us and qpr, hardly fair play is it. Link to comment Share on other sites More sharing options...
Swiss_tony Posted 16 March 2015 Share Posted 16 March 2015 but the problem is the big clubs will just pay the fine. Didn't man city shell out 50million just recently. It's small change to the bigger clubs but can break a club like us and qpr, hardly fair play is it. and they have a transfer cap as well. that's where the big clubs get hit, not in the fine, but in the inability to buy the best players due to transfer limits. Link to comment Share on other sites More sharing options...
wurmer Posted 29 March 2015 Share Posted 29 March 2015 Probably mostly bollocks, but interesting nonetheless... http://www.dailymail.co.uk/sport/football/article-3016432/Club-club-guide-Premier-League-s-financial-health.html Source: Daily Mail Snip..... Arsenal Income: £298.7m (MD £100.2m,TV: £120.8m, Com £77.7m) Wages: £166.4m (56% of income) Pre-tax profit: £3.8m Debt: £240.5m Healthy revenues easily cover ‘good debt’ borrowed for stadium. Will allow regular star buys like Alexis Sanchez. Aston Villa Income: £116.9m (MD £12.8m, TV £72.7m, Com £31.4m) Wages: £69m (59% of income) Pre-tax loss: £3m Debt: £104m Continue to struggle on the pitch after budget cuts by Randy Lerner, whose loans keep them afloat. Dread the drop. Burnley Income: £19.6m (MD £3.9m, TV £11.9m, Com £3.8m) Wages: £16m (82% of income) Pre-tax loss: £7.6m Debt: £8m Well run, only lost cash last season through promotion bonuses. Will earn much more this term. Chelsea Income: £320m (MD £71m, TV £140m, Com £109m) Wages: £193m (60% of income) Pre-tax profit: £19.1m Debt: £958m Diego Costa and Cesc Fabregas are playing key roles as Chelsea cement status as a powerhouse on and off the pitch. Crystal Palace Income: £96m (MD £11m, TV £74m, Com £11m) Wages: £38m (40% of income) Pre-tax profit: £20m Debt: £7m Steve Parish wants new investment to take Palace ‘to the next level’. They’re slowly becoming secure in the Premier League. Everton Income: £120.5m (MD £19.3m, TV £88.5m, Com £12.7m) Wages: £69m (57% of income) Pre-tax profit: £28.2m Debt: £28m As with their £28m record signing Romelu Lukaku, fans expect more than they’re getting this season. Hull Income: £84.4m (MD £7.4m, TV £68m, Com £9m) Wages: £39m (46% of income) Pre-tax profit: £3.3m Debt: £71m Assem Allam has amassed debt and caused controversy in trying to stabilise Hull but has invested heavily to improve the squad. Leicester Income: £23m (Breakdown of Leicester’s income unclear) Wages: £30m (130% of income) Pre-tax loss: £20m Debt: £103m Financial picture is as clear as their survival chances — not good. Loss-making, dependent on owners. Liverpool Income: £255.6m (MD £50.9m, TV £100.9m, Com £103.8m) Wages: £144m (56% of income) Pre-tax profit: £5.5m Debt: £127m Chaos of the previous era is receding as the finances stabilise and Brendan Rodgers is given time to build. Man City Income: £346.5m (MD £47.5m, TV £133.2m, Com £165.8m) Wages: £205m (59% of income) Pre-tax loss: £17.7m Debt: £67m Still losing money despite TV cash and Middle East income. Buys like £32.5m flop Eliaquim Mangala don’t help. Man Utd Income: £433.1m (MD £108.1m, TV £135.7m, Com £189.3m) Wages: £215m (50% of income) Pre-tax profit: £67.9m Debt: £342m Debt lingers from Glazer deal but income still allows top signings like £59.7m Angel di Maria. Newcastle Income: £130m (Full breakdown of income unavailable) Wages: £60m (46% of income) Pre-tax profit: £40m Debt: £129m Mike Ashley spent more than intended early on. It’s all about survival as cheaply as possible. QPR Income: £38.7m (MD £5.6m, TV £28m, Com £5.1m) Wages: £75m (194% of income) Pre-tax loss: £9.8m (after £60m ‘exceptional’ item) Debt: £120m The outstanding basket case in the top flight, in disarray after years of mismanagement. Southampton Income: £104.9m (MD £17.1m, TV £79.5m, Com £8.3m) Wages: £62.9m (60% of income) Pre-tax profit: £31.4m Debt: £57m Surprise package on and off the pitch, Ronald Koeman helping continue an amazing turnaround since 2009 administration. Stoke Income: £98m (MD £8m, TV £76m, Com £14m) Wages: £61m (62% of income) Pre-tax profit: £3.8m Debt: £28m Seventh straight season in the League, aspiring to greater on-pitch achievements on solid fiscal footing. Sunderland Income: £101m (MD £16m,TV £72m, Com £13m) Wages: £68m (67% of income) Pre-tax loss: £16.3m Debt: £39m Dick Advocaat has to save not just a season but stop a drop that could trigger meltdown. Swansea Income: £98.7m (MD £9.2m, TV £80.7m, Com £8.8m) Wages: £63m (64% of income) Pre-tax profit: £1.3m Debt: None Stable, fan-owned, debt-free, mid-table and looking up, Swansea are a model of ‘small-club’ potential. Tottenham Income: £181m (MD £44m, TV £95m, Com £42m) Wages: £105m (58% of income) Pre-tax profit: £36m Debt: Zero Daniel Levy drives a hard bargain. He also runs a tight ship. In shape to challenge the top four. West Brom Income: £86.8m (MD £7m, TV £69m, Com £10.8m) Wages: £66m (76% of income) Pre-tax profit: £12.8m Debt: £1m Few fans like prudence but West Brom are well run, posting consistent profits as they gradually grow. West Ham Income: £114.9m (MD £19.5m, TV £75.4m, Com £20m) Wages: £64m (56% of income) Pre-tax profit: £15.3m Debt: £110m Owners like to say club can be title challengers in five years — but they need a partial sale to clear debt first. KEY TO CLUB-BY-CLUB GUIDE: MD = match day income; TV = all broadcasting income; Com = commercial, retail and other income. † In Championship last season. * Some elements estimated. Read Link to comment Share on other sites More sharing options...
Webbo Posted 29 March 2015 Share Posted 29 March 2015 I can only assume that's based on last season. I can't see how Hulls tv income is that much higher than ours. I suspect we've made a profit this season, tv money, full houses, decent cup run and not too much paid out in win bonuses. Link to comment Share on other sites More sharing options...
teblin Posted 29 March 2015 Share Posted 29 March 2015 Daily fail? Link to comment Share on other sites More sharing options...
Richmondfox Posted 29 March 2015 Share Posted 29 March 2015 If the angle is comparing earnings from teams in the in the championship to the Prem then it's a great article. It isn't so the data is worthless for what they are trying to spin the piece as. Also no debt. Link to comment Share on other sites More sharing options...
yorkie1999 Posted 29 March 2015 Share Posted 29 March 2015 According to that, if it wasn't for the TVs money , half the clubs in the premier league would fail ffp, and next year, because we don't get any money till the end of the season, we are going to be one of the highest earning clubs in the championship. Crazy and just goes to show there wouldn't be a premiership if it wasn't for sky. Link to comment Share on other sites More sharing options...
dsr-burnley Posted 29 March 2015 Share Posted 29 March 2015 There's no shortage of irony in the fact that a fine like that could ruin QPR A fine of £50m wouldn't ruin QPR. The fact that they've been budgeting for losses greater than £50m per year for several years, that's what's ruining QPR. If you have annual income of £20k and spend half a million of borrowed money, it's not the interest and penalties for non-payment that cause bankruptcy. Link to comment Share on other sites More sharing options...
yorkie1999 Posted 30 March 2015 Share Posted 30 March 2015 Just noticed Chelsea's debt 958 million!! Success ain't half expensive. Link to comment Share on other sites More sharing options...
cc_star Posted 30 March 2015 Share Posted 30 March 2015 According to that, if it wasn't for the TVs money , half the clubs in the premier league would fail ffp, and next year, because we don't get any money till the end of the season, we are going to be one of the highest earning clubs in the championship. Crazy and just goes to show there wouldn't be a premiership if it wasn't for sky. ...if it wasn't for Sky subscribers Dig deep everyone, some of these players want a different coloured Veyron with this week's earnings and a different one again the week after Link to comment Share on other sites More sharing options...
Nuneaton.Fox Posted 1 April 2015 Share Posted 1 April 2015 They could have cut and pasted the Burnley comment for us - 'Will earn much more this term', but that wouldn't have fitted well with their negative conclusion - 'Financial picture is as clear as their survival chances — not good. Loss-making, dependent on owners'. The £103M debt does not seem to be up to date either. Link to comment Share on other sites More sharing options...
Bayfox Posted 1 April 2015 Share Posted 1 April 2015 According to that, if it wasn't for the TVs money , half the clubs in the premier league would fail ffp, and next year, because we don't get any money till the end of the season, we are going to be one of the highest earning clubs in the championship. Crazy and just goes to show there wouldn't be a premiership if it wasn't for sky. Well in that case. **** $ky. Let's get football back. Link to comment Share on other sites More sharing options...
Dan LCFC Posted 1 April 2015 Share Posted 1 April 2015 $ky's money has just bred complacency from clubs in this country. Link to comment Share on other sites More sharing options...
Strokes Posted 1 April 2015 Share Posted 1 April 2015 Just noticed Chelsea's debt 958 million!! Success ain't half expensive.Chelsea debt is not as bad as ours when you consider the income, although these are last years figures, so ours should improve next year. Link to comment Share on other sites More sharing options...
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