18 Mar 2024 23:05:55
Eds,

What are the changes to FFP from this summer.

I heard a so expert say that in layman's terms, it will now be a salary cap so that a club can only spend 70% of all income on wages. Apparently all other expenditure used in the previous method has been removed.

{Ed001's Note - I am writing it as an article for you mate. It would be pointless me saying what has changed without explaining what the current PSR is. It has ended up as far too long a reply to just shoehorn in here, so I will post it as an article. That will also give the rest of the sites a chance to read it as well.}

1.) 19 Mar 2024
19 Mar 2024 06:03:53
Cheers Ed.

{Ed001's Note - in case it fails to autolink: PSR Regs.

It is bloody complicated and we won't know for sure what the new PSR will be until the league AGM in June. They might even decide not to change yet! But hopefully they will go with the UEFA set up, as they have currently agreed to that. It is much simpler.}

2.) 19 Mar 2024
19 Mar 2024 08:16:31
Nice one Ed.

{Ed001's Note - thank you Jas, I hope that explains it for you ok?}

3.) 19 Mar 2024
19 Mar 2024 09:24:58
It does indeed Ed.

The guy on the radio yesterday was suggesting that this would more or less be a wage cap based on a clubs incoming revenue. He then used the example of Man Utd earning an average of £2 250 000 per home game from gate receipts compared to Bournemouths £330 000 gate receipts and how smaller clubs can't offer the same wages and thereby having the better players and widening the gap between the clubs at the top and bottom of the football pyramid.

I realise that there is a lot more to so it will be interesting once implemented.

{Ed001's Note - to a degree he is correct and that is certainly a problem. It requires a 'smaller' club, in terms of revenue at least, to build their revenue up to be competitive over the long term. To be honest that has always been a problem though, the only thing that has changed is the potential for a megawealthy person/consortium to buy a club and just pump money in to that club in a similar fashion to Man City. Considering how much in the way of lies comes out of that club about their revenue (and how they have a full house according to their accounts at every home game), maybe it was a door they should have closed sooner.

I would like to see a simple thing done - if an owner wants to pump money in, then they have to put the same amount in escrow that the Premier League controls in case it goes wrong. So that the Premier League could then use it to pay off debts, tax bills etc if the owner then is unable or unwilling to do so. There does need to be a way for smaller clubs to be able to have an input of money to become competitive. Just not via under the counter payments like City!}

4.) 19 Mar 2024
19 Mar 2024 10:45:13
Sometimes it's easier to just accept something as it is, if rich individuals wish to bankroll football clubs then so be it. Good business lawyers and accountants will find ways to create stadium naming rights like Manchester City or Villa type lease deals anyway. So yes Ed001 you have a valid point in my opinion.

Of more concern to me is:

A the probity of the cash coming in to these clubs.

B the potential to milk a club, eg: what happened to Manchester United with the club meeting the cost of the takeover.

{Ed001's Note - there certainly is issues with the vetting process, which has allowed a man with absolutely no funding of his own (Moshiri) to buy a club when he was clearly a front for a man who, at the time, had a large chunk of another club (Usmanov). It has left Everton in serious difficulties as they are still treating Everton like they have a multi-billionaire owner, even though the real owner now has had all his funds frozen after the invasion of Ukraine. At the moment the company that is trying to buy the Toffees is paying wages etc, but the Premier League seem unlikely to pass that company (777) as fit and proper. So where on earth does that leave Everton? All the Prem had to do was investigate Moshiri probably and they would have seen he had zero in terms of real money and block him buying the club in the first place. That should be something they are looking at.

I am in full agreement that what happened to Man Utd is a disgrace, even though it was them. I do believe that rules now block anyone from buying a club in the same way, thankfully.}

5.) 20 Mar 2024
20 Mar 2024 06:35:33
Ok. If I'm reading this right then it will come down to money coming into the club from sponsors, marketing, maybe even additional investors to compete. Essentially, external incoming money other than just gate money?

Has anyone heard the song 'we're all living in America'. It's true eventually our beloved game will go just like American football where advertising etc is paid handsomely to clubs, and everything is based on marketing. We'll have sodding bands playing in extended interval all to raise a few extra quid.

6.) 21 Mar 2024
21 Mar 2024 07:40:32
Super leagues, sin bins/blue cards, 'extended play', changes in KO times, VAR reviews, extra subs and so on are all in the marketing movement already blackfords

7.) 21 Mar 2024
21 Mar 2024 18:04:04
Yes Abbeywolf, unfortunately you're right. Companies paying for advertising slots on TV to increase revenue etc. The rich and big just get richer and bigger.