Football club finances / FFP

[moomba]

Doesn't sound very cooperative.

It doesn't, and I wonder given that got them 2 points off the original penalty if that cooperation is set in stone. Or if the tribunal can say, know you've blown that 2 point discount.

 

[Lebbo73]

LOL, the old charge someone with a load of offences, then charge 3 other clubs and go through a process just to set up letting us off.

Do you realise how ridiculous that sounds. If they wanted to let us off they wouldn't have charged us in the first place.

You have to be seen to be impartial.

 

[Zidane98]

It doesn't, and I wonder given that got them 2 points off the original penalty if that cooperation is set in stone. Or if the tribunal can say, know you've blown that 2 point discount.

Can the penalty be increased if a penalty appeal is determined to be frivolous?

 

[moomba]

Can the penalty be increased if a penalty appeal is determined to be frivolous?

It can but from what more knowledgeable people than me are saying it's unlikely. Pretty much a free hit for Forest in this case.

 

[moomba]

You have to be seen to be impartial.

It's la la land theory.

 

[Sphynx]

Marina Granovskaia linked to secret payments by former Chelsea owner Roman Abramovich

Powerful chief executive of Chelsea under Abramovich appears in documents showing offshore payments by oligarch

www.theguardian.com

 

[chef]

Marina Granovskaia linked to secret payments by former Chelsea owner Roman Abramovich

Powerful chief executive of Chelsea under Abramovich appears in documents showing offshore payments by oligarch

www.theguardian.com

Yeah this comes out in the press every international break.

 

[Bojan KantKick]

All these newco clubs pay money under the table or to offshore accounts to attract the best players.

 

[chef]

All these newco clubs pay money under the table or to offshore accounts to attract the best players.

Its called a 'consulting fee' nowadays isnt it?

 

[Bojan KantKick]

Its called a 'consulting fee' nowadays isnt it?

Lots of terms for the same thing.

 

[hawkman]

Just dissolve the club. Gets rid of the problem

 

[Zidane98]

170m of new signings and just 5m outgoing.

Yet some reckon small clubs can't spent money....

 

[Zidane98]

High wage bill for a relegation battler (147m). Something like an average of 70k per week.

If they go down there's going to be issues.

 

[moomba]

170m of new signings and just 5m outgoing.

Yet some reckon small clubs can't spent money....

Aren't allowed to spend money, not can't spend money.

Forest pretty sure to cop another penalty next season under the current rules as well unless they make some big sales.

 

[Sphynx]

Everton have released their accounts.

The crux of it:

3 Yr loss = 255m
Allowed loss = 105m


Welcome to the Championship.

£1b in loans

 

[Zidane98]

Everton have released their accounts.

The crux of it:

3 Yr loss = 255m
Allowed loss = 105m


Welcome to the Championship.

£1b in loans

Without taking a look I would imagine a significant portion of those losses are ascribed to the stadium build which are then taken out of the 255m loss for the final FFP figure.

 

[Sphynx]

Without taking a look I would imagine a significant portion of those losses are ascribed to the stadium build which are then taken out of the 255m loss for the final FFP figure.

Not as much as you think

 

[Zidane98]

Not as much as you think

What was the final breakdown?

 

[Bradesmaen]

Not as much as you think

Please report facts. 210.9m was spent on the stadium in 2022/23.

 

[Zidane98]

Please report facts. 210.9m was spent on the stadium in 2022/23.

Is the adjusted FFP losses reported anywhere?

 

[Bradesmaen]

Is the adjusted FFP losses reported anywhere?

No, don't believe clubs publish that.

 

[Zidane98]

No, don't believe clubs publish that.

How would stadium spend be accounted for? Would it be an amortised figure every FY?

 

[Bradesmaen]

How would stadium spend be accounted for? Would it be an amortised figure every FY?

I dunno, I'm not an accountant. I can tell you how it's designed..

 

[SM]

How would stadium spend be accounted for? Would it be an amortised figure every FY?

You don't amortise the spend on an asset.

 

[Art Vandelay_]

How would stadium spend be accounted for? Would it be an amortised figure every FY?

Ours were listed under PPE notes.

https://resources.evertonfc.com/evertonfc/document/2024/03/31/d59075c4-85a5-4d84-adea-088920d1ce6f/Annual-Report-And-Accounts-2023.pdf?_gl=1*imp6qj*_ga*MTg3MjY0NzU1OC4xNzExOTU2NDU0*_ga_4H186ENHQ4*MTcxMTk1NjQ1NC4xLjAuMTcxMTk1NjQ1NC42MC4wLjA.

Everton have it listed as an explanatory note

The Club has once again committed significant funds to the development of its new stadium, with the Club incurring capital cost of £210.9m(2021/22: £154.4m).