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Fulham relegated


exAtyeoMax

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Does anyone who knows better know how this season could affect Fulham with regards to FFP? Does being in the premier league do anything different to them other than more income? Wondering how their finances looked at the end of last season given sky have just said they had a net spend of of £105m this season, they'll probably make some back through selling players and parachute payments will help but in a year or 2 could they be in trouble financially?

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13 minutes ago, hodge said:

Does anyone who knows better know how this season could affect Fulham with regards to FFP? Does being in the premier league do anything different to them other than more income? Wondering how their finances looked at the end of last season given sky have just said they had a net spend of of £105m this season, they'll probably make some back through selling players and parachute payments will help but in a year or 2 could they be in trouble financially?

Think we'll know more in 2 years. Parachute payments soften the blow. If they make an immediate return, they should be fine. 

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20 minutes ago, hodge said:

Does anyone who knows better know how this season could affect Fulham with regards to FFP? Does being in the premier league do anything different to them other than more income? Wondering how their finances looked at the end of last season given sky have just said they had a net spend of of £105m this season, they'll probably make some back through selling players and parachute payments will help but in a year or 2 could they be in trouble financially?

Based on their results they maybe missed breaching FFP for the 3 years by £3-4m. £7m on other expenditure disallowed i.e. youth, infrastructure etc, promotion bonuses as per Swiss Ramble as was a one off stadium cost of impairment of £7.1m in 2016/17.

Their starting point for next season therefore will be £23.2m loss after exclusions and promotion bonuses, in 2017/18- however remember that in PL ludicrously you are allowed to lose £35m (plus excluded costs) in a season. Hence their total allowable loss will be £61m + exclusions-£23.2m- which means that over this and last season they could lose plus exclusions, some £37.8m.

In short, alright next season probably, and maybe passable in 2020/21. Will they need to sell 1 or 2 this summer though?

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2 hours ago, hodge said:

Does anyone who knows better know how this season could affect Fulham with regards to FFP? Does being in the premier league do anything different to them other than more income? Wondering how their finances looked at the end of last season given sky have just said they had a net spend of of £105m this season, they'll probably make some back through selling players and parachute payments will help but in a year or 2 could they be in trouble financially?

 

2 hours ago, Fat Cigar said:

Think we'll know more in 2 years. Parachute payments soften the blow. If they make an immediate return, they should be fine. 

They won't have parachute payments.

Clubs need to be up for more than one season to get them.

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14 minutes ago, JamesBCFC said:

 

They won't have parachute payments.

Clubs need to be up for more than one season to get them.

Think- unless it's changed yet again :laughcont: - it's Years 1 and 2 if you're up for 1 season, and 3 years if you are up for longer.

So, probably £41.6m and £34m...then they best go up as it'd be nothing.

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13 minutes ago, JamesBCFC said:

 

They won't have parachute payments.

Clubs need to be up for more than one season to get them.

I'm pretty sure you're wrong. 

My understanding is that all clubs (regardless of length of time they'd been in the PL) receive payments in years one and two after relegation, but only receive a payment in the third year if they'd been in the PL for more than one season prior to relegation. 

Edit: I see @Mr Popodopolous beat me to it!

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12 minutes ago, JamesBCFC said:

 

They won't have parachute payments.

Clubs need to be up for more than one season to get them.

They definitely get Parachute payments, but only get 2 years not three years. You need to have been in the top flight for more than 1 season to get 3 years. 

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Just now, Suffolkcity said:

They definitely get Parachute payments, but only get 2 years not three years. You need to have been in the top flight for more than 1 season to get 3 years. 

The more you learn.

So Huddersfield will get 3 years but Fulham only 2. If Cardiff come down they get 2 years. Then all of the others in danger would be on 3?

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2 minutes ago, ExiledAjax said:

The more you learn.

 So Huddersfield will get 3 years but Fulham only 2. If Cardiff come down they get 2 years. Then all of the others in danger would be on 3?

In a nutshell.

Huddersfield in particular with their prudent management up there, their investment in infrastructure- well as big a financial bonus relatively speaking as to Blackpool 2010/11 probably.

Big big difference though- assuming Hoyle doesn't go all Oyston, they should be to use their 2 seasons to build solid foundations for years to come.

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