The on topic thread 4.0

[Frank Bunn]

Luxury tax would be difficult.

How do you set a tax that would be sufficiently punishing for teams that can actively flaunt it without making it too harsh on others?

For example, The Yankees in the MLB pretty much don't GAF about the luxury tax and pay it every year.

Would an extra 50m a year in tax really bother certain clubs?

Take a step back. The original intent of the financial regulations was to prevent clubs overspending and going insolvent, owing millions to their creditors. It has morphed into equalisation and punishing teams that don't conform, even when they are at no financial risk.

United and City's stance is that there should be no hard salary cap in the Premier League as it would put English clubs at a disadvantage to the rest of Europe.

 

[DBAH0]

 

[Shoei]

Take a step back. The original intent of the financial regulations was to prevent clubs overspending and going insolvent, owing millions to their creditors. It has morphed into equalisation and punishing teams that don't conform, even when they are at no financial risk.

United and City's stance is that there should be no hard salary cap in the Premier League as it would put English clubs at a disadvantage to the rest of Europe.

It's one and the same issue though.

Clubs overspend because of the need to compete with teams that don't have to. If clubs can spend outside of their natural means, it has a flow on affect to every club in the league.

City doesn't want a cap for very obvious reasons. United don't want a cap because they are hoping to spend their way out of their current issues.

The "disadvantage in Europe" argument is disingenuous given the massive advantage the premier league clubs already have financially over 99% of European clubs due to the sheer popularity of the Premier League globally. That isn't going to change any time soon. 00

And the proposal isn't pure equalisation, the clubs at the top will still be able to spend considerably more than the lowest earning clubs.

 

[Bojan KantKick]

Newcastle are at risk of putting off potential staff members.

 

[ADL9798]

 

[RPCB]

If ever there was a footballer who Luis Suarez should have bitten.

 

[wadistance]

Love this appointment for us.

 

[RPCB]

Love this appointment for us.

He was such an important player for Brisbane for many years. Happy to see he’s doing really well post playing career.