JoeAman08 Posted January 9, 2018 Report Share Posted January 9, 2018 All over twitter that they saw a 35m bid rejected from Milan for striker Andre Silva. Surely that wouldn’t be approved by the football league would it? How would that work? Link to comment Share on other sites More sharing options...
Willj132 Posted January 9, 2018 Report Share Posted January 9, 2018 And expected to bid again... crazy money! Current championship transfer record is £15.8 million from Wolves to sign Reuben Neves. Link to comment Share on other sites More sharing options...
EmersonsRed Posted January 9, 2018 Report Share Posted January 9, 2018 Honestly the lack of knowledge when it comes to FFP is quite staggering. That isn't a dig at you. More so the FA and mainstream media for not making it an easier thing to understand. Wolves could spend £500m if they wanted. The loopholes in the system are huge. Link to comment Share on other sites More sharing options...
downendcity Posted January 9, 2018 Report Share Posted January 9, 2018 1 minute ago, EmersonsRed said: Honestly the lack of knowledge when it comes to FFP is quite staggering. That isn't a dig at you. More so the FA and mainstream media for not making it an easier thing to understand. Wolves could spend £500m if they wanted. The loopholes in the system are huge. The biggest loophole is that if when they gain promotion they can't then be punished under the football league's financial rules. Link to comment Share on other sites More sharing options...
JoeAman08 Posted January 9, 2018 Author Report Share Posted January 9, 2018 1 minute ago, EmersonsRed said: Honestly the lack of knowledge when it comes to FFP is quite staggering. That isn't a dig at you. More so the FA and mainstream media for not making it an easier thing to understand. Wolves could spend £500m if they wanted. The loopholes in the system are huge. It is fine. I get the general rule of it. Just surely you can look at their turnover the last few seasons and tell them no, you can’t spend that amount and still be within the rules? Link to comment Share on other sites More sharing options...
EmersonsRed Posted January 9, 2018 Report Share Posted January 9, 2018 1 minute ago, JoeAman08 said: It is fine. I get the general rule of it. Just surely you can look at their turnover the last few seasons and tell them no, you can’t spend that amount and still be within the rules? The post just above yours is the main loophole in this situation - it happened with QPR. They then got relegated and naff all happened when they were back in the FL (a small fine maybe). Link to comment Share on other sites More sharing options...
Vincent Vega Posted January 9, 2018 Report Share Posted January 9, 2018 Genuinely hope they go bankrupt. Link to comment Share on other sites More sharing options...
screech Posted January 9, 2018 Report Share Posted January 9, 2018 And so they should. Their aim is to get into the Premier League, they have given themselves a great start and a good chance of getting their with half the season to go. Why should they jeopardise it now. Go big now and get the players that will see them through and it gives them a head start for next season in the top flight. Link to comment Share on other sites More sharing options...
GrahamC Posted January 9, 2018 Report Share Posted January 9, 2018 32 minutes ago, EmersonsRed said: The post just above yours is the main loophole in this situation - it happened with QPR. They then got relegated and naff all happened when they were back in the FL (a small fine maybe). That "small" fine was £40m, wonder why they are skint now? Cheating Bournemouth on the other hand, got promoted by flouting FFP & the PL only fined them £6m.. You can see why Wolves think that sort of fine is something a side virtually certain to go up can afford. Link to comment Share on other sites More sharing options...
Buckeyed Posted January 9, 2018 Report Share Posted January 9, 2018 31 minutes ago, EmersonsRed said: The post just above yours is the main loophole in this situation - it happened with QPR. They then got relegated and naff all happened when they were back in the FL (a small fine maybe). The last I heard was that they were forced to pay it back in October.. is that not the case? http://www.telegraph.co.uk/football/2017/10/24/qpr-ordered-pay-world-record-40million-ffp-fine-losing-three/ Link to comment Share on other sites More sharing options...
Davefevs Posted January 9, 2018 Report Share Posted January 9, 2018 The rules should follow you in and out of the Prem, but they seem to be forgotten. Link to comment Share on other sites More sharing options...
ScottishRed Posted January 9, 2018 Report Share Posted January 9, 2018 2 hours ago, EmersonsRed said: The post just above yours is the main loophole in this situation - it happened with QPR. They then got relegated and naff all happened when they were back in the FL (a small fine maybe). Still going through the system, with QPR appealing every guilty verdict they get. You are right they will eventually end up with a smallish fine and no points deduction, despite the fact that it could be applied. Bmuff - same boat Wolves - getting there rather quickly Link to comment Share on other sites More sharing options...
reddogkev Posted January 9, 2018 Report Share Posted January 9, 2018 It is satisfying to know though that one morning SL could wake up and decide to adopt the same policy. With our current standing, I'm sure we could temp the same ilk of players if we really wanted to. Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2018 Report Share Posted January 9, 2018 On a plus note nearly all of the rest of the top 6 have to play them.. so if they strengthen it might help us in a very strange way! Link to comment Share on other sites More sharing options...
Fiale Posted January 10, 2018 Report Share Posted January 10, 2018 Well FFP is just there to lessen the chance of clubs going into administration. If owners want to put large amounts of money into clubs as equity then that's entirely up to them. I have no idea how much Fosun is worth but it's in the ten's of billions from what I saw on the Wolves forums during the takeover. So they are in a position to buy the best, and to be honest it's working for them, and with the quality of players they are buying they should hit the Prem running. The Mendes stuff, I don't know, it's strange with club owning part of players agents company - but mehhh that's up to others to work out. Link to comment Share on other sites More sharing options...
grubby Posted January 10, 2018 Report Share Posted January 10, 2018 We have a man city season ticket holder in our pub, he reckons KDB, best player on the pitch tonight, is only on £90k or so a week basic, massive bonuses for playing, goals, assists etc make up rest of wages as bonuses aren't included in FFP..... Link to comment Share on other sites More sharing options...
1960maaan Posted January 10, 2018 Report Share Posted January 10, 2018 9 hours ago, EmersonsRed said: The post just above yours is the main loophole in this situation - it happened with QPR. They then got relegated and naff all happened when they were back in the FL (a small fine maybe). There is a £60m fine hanging 0ver QPR, whether they have it imposed is another question, but in theory it is there. Link to comment Share on other sites More sharing options...
Rudolf Hucker Posted January 10, 2018 Report Share Posted January 10, 2018 8 minutes ago, grubby said: We have a man city season ticket holder in our pub, he reckons KDB, best player on the pitch tonight, is only on £90k or so a week basic, massive bonuses for playing, goals, assists etc make up rest of wages as bonuses aren't included in FFP..... Please never use the word "only" immediately before the phrase "on £90k per week"! Link to comment Share on other sites More sharing options...
City Ben Posted January 10, 2018 Report Share Posted January 10, 2018 24 minutes ago, grubby said: We have a man city season ticket holder in our pub, he reckons KDB, best player on the pitch tonight, is only on £90k or so a week basic, massive bonuses for playing, goals, assists etc make up rest of wages as bonuses aren't included in FFP..... Afraid he’s misinformed. FFP looks at total losses rather than simple basic wages. It would be a pretty obvious loophole otherwise. Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted January 10, 2018 Report Share Posted January 10, 2018 It's not so much the loopholes in this instance. In a sense- though wages may scupper them in this instance- as the article said, as I previously thought very tightly run ship under old owners. Can accumulate £39m of losses over 3 years and if the fee is structured right and the losses were minimal or non-existent before...then it can definitely be done. Wolves apparently made a profit of £5.6m in 2015-16- they can therefore lose £44.6m over the remaining 2 years before trouble kicks in! Link to comment Share on other sites More sharing options...
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