Rob26

whats leeds numbers for ffp look like

50m for mitrovic to saudi looks like might be happening

https://londonnewsonline.co.uk/se7-partners-obtain-efl-approval-for-charlton-athletic-takeover/

yep most my impression of them is down to interviews ive heard from our ex player tony mowbray talking about his last season in charge there, there they basically told him they were selling the best part of the team and that they wont be any proceeds to spend and he had to make it work. he made it work and still got sacked for not doing well enough :laugh: but that kinda gave me the impression they were someone who was going to look after themselves but thats probs more to do with cash flow than ffp

ive never looked into blackburns numbers but they come across as owners that know when they have to sell to balance the books

Coventry are a very well run tight ship, I doubt they would have need to fiddle for the purpose of FFP, before this season they had only spent 2m on transfer fees roughly over 3 seasons, suprised they dont get a real sponser if they just using the advertising space for their own benefit, must be a perk of ownership :laugh: are blackburn close to ffp? think for clubs like blackburn and coventry can defs get away with a value of 1-1.5m per year when compared to other clubs who are always around the top half of the table typicaly. think we get similar for unibet

looking on the sheff wed forums they are not many people looking to take it up, think less than 100 will even bother, they are more worried about why the owner has asked for this, its only for cash flow purposes, its confirming their worst gut feelings about the owner not wanting to put money into the club for them https://www.owlstalk.co.uk/forums/topic/322648-10yr-st-now/page/1/#comments ( i got to page 14 and hadn't seen one person saying they were taking the deal up) some are joking that that they will have early bird season ticket off in October coming up too :laugh:, another joked he will be selling future champions league tickets at a discount next ? this post let me know why they are worried: so the big question isnt how much money will they make from this (comes across as very little due to the numbers may well be sub 100) but why is he asking for this? last time it was because he couldn't afford to keep the club running (probs because we sold him jordan rhodes for £11m :laugh:)

well I asked how you divide something that is potentially lasting as long as someone is alive :laugh: only way I think you could do it the way he said is take zero revenue until you are promoted to the premier league and then divide by ten and allocate 10% each year. KS obv is basing it based on how you have to apply season ticket revenue currently (as he covers in their book) which is much simpler when its a fixed term that only applies to one year, (rather than a open ended potentially never ending deal) eg season tickets are for 23/24, your club asks for early bird season tickets during the last quarter of the account year of 22/23 season, club gets all the cash in during that account period, but they have to apply the revenue in the following years accounts as and when the service is delivered, so all the revenue for that season gets put in the accounts for year 23/24 otherwise clubs can change the date they bring the money in early one year to have 2x season tickets revenue in one period to make the books look better and get a boost in ffp for that season. if he is right anyways it don't sound like many people will take the offer up, be interesting to drop in on some forums to see how the locals respond to the offer to see if many sound like they will bite or not. Sheffields a bit of a hard up area that I dont imagine many people are pulling out 5k-8k

I asked KS about the tickets and he said it needs spreading out revenue over the length of the contract, which i take as how ever long it takes but he also said this about what he heard last time on the numbers of the uptake on this offer last time, so its likey to be quite a small uptake, probs alot better than last time tho with them not having a points deduction

yeah you only comply with uefa's more stringent ffp if your in europe in the season, so does not matter for others, but interesting that they are saying no we are only taking 15m of losses when it seems the premier league and efl havent taken that approach yet, unless everton is the test case where they try to limit the allowable losses and see if it sticks. maybe if it does then they will look at others who have clearly taken advantage of the situation its much more than a 10 year season ticket, read the terms and conditions, its 10 year season ticket from the start of the first premier league season when they are promoted. These tickets could essentially be a 50 year ticket if it takes them 40 years to get back there or even a whole life ticket if they never do again. https://www.swfc.co.uk/tickets/10-year-season-ticket-faqs/ https://www.thestar.co.uk/sport/football/sheffield-wednesday/sheffield-wednesdays-10-year-season-ticket-offer-is-back-4218280 its 10 years max if you pass away (and someone inherits the remaining years) but is 12 years minimum in the even they are promoted this year or next year. no idea how its covered in accounts, but this has been done in the past so must of passed the smell test or been part of the reason they gone done by ffp, so they should know how to apply it. would make sense you have to put the revenue in each of the next 10 years accounts, but then maybe they should have zero revenue until they are promoted to the premier league then they can take a tenth every year in the books :laugh:. they did this before in 2020, so in reality they have a bump in cash flow but since they owe them at least 11 more seasons of football (and realistically probs way more :laugh:) they have taken zero actual revenue other than match day spends from these people as they still owe everything promised in the first place. probs isnt as bad as it sounds tho as will only be a limited amount of tickets for this offer (when you read these things easy to think of everyone getting in on it and them making a mint, rather than a thousand or so what is probs the reality in the uptake), hence why its been closed off for several years (the faq reads like it was done in 2020 last) yeah putting it on finance would mean the finance company are liable for what is deemed as a high risk company on a potential whole of life service if they never get promoted due to uk finance laws. if sheff utd go bust you can get your money back, and if they were never promoted you could probs argue that they were never going to so lost a tickets for the rest of your life well this was done in 2020/21 I think that is immediately after they got done for FFP. so it must of been looked at while they were under full monitoring, but interesting how you apply it, one way you could argue is the minimum amount of years split the revenue up between them all, so £4.5-8k split over 12 years and the rest is free of charge or a more accurate way (which I would think would not happen as gives them no revenue at all potentially) is wait till promoted then split over 10 or 12 years depending when it takes place and the years before are zero revenue years. In reality I doubt its going to be a massive FFP needle moving amount of cash. how many of these will they actually sell? 1000 max? thats possibly £5m-6.5m if you average out the £4500-8000 ticket price. they may have a more limited number available if they are just topping up what they gave out previously. They not going to be high sellers, even 1000 may be a stretch

https://www.expressandstar.com/sport/football/wolverhampton-wanderers-fc/2023/07/11/wolves-secure-99m-government-loan/ wolves borrowing from the goverment, presumably to pay off current loans to the usual football vultures would of thought football clubs be exempt from this, gonna be like opening up the flood gates now :laugh:

well if they want to spend money on players this is probs their only option until they fix ffp , im sure we (boro) have a cat 1

we just dropped 2m on their keeper

is that in the latest accounts? because they have restructured all their loans in june to make them more manageable, so I doubt they have to pay 80m if thats the figure in the accounts. if they never went up I think they would of just got sold and the owner gets less to avoid funding cashflow or a sell off to drag them down the league I'm guessing they have to pay back faster if go down though, but club is looking to be sold still, last I heard some other saudis were looking at them for 140m, so I'm thinking they get a take over this year as the risk of going down is too high and your looking at around 90m again in the championship

https://www.footballinsider247.com/revealed-sheffield-united-hit-by-48m-blow-as-documents-filed/

so its when the cash was put in and you can equity convert at a later date? which is typical how most clubs write it off

can you only convert the extra £8m equity in each period, or can you not do it for 2 years then decide to convert £24m of equity to get the £39m in the final year?

submit reply button just blanked me and made it 3 posts in one :laugh:, thought i had tidyed it up

here's a good example of how your ffp allowances can be massively reduced if you do not convert to equity to allow the additional money put in now one question I have, in this situation are man utd allowed to put money in the current period say 90m and issue equity to get an extra 90m spend on ffp, or are they limited to 30m per period? so new owners could only do it once per season (@ 30m) instead of clocking all that unused (90m) allowance when they surely buy a 100m player with outside cash here's a good example of how your ffp allowances can be massively reduced if you do not convert to equity to allow the additional money put in

normally it means that £22.5m of debt owed to shareholders has been converted to shares and is no longer debt on the books, to use the full ffp allowances then a certain amount of the money put into the club needs converting to shares/equity or you wont get the full amount for the 3 years that everyone usually quotes as the ffp limits

details on brum and details on some losses in the thread

we got at least 3m out of suing derby county from gibson's push against them 3 teams :laugh: the fans are always going to get a us against the world complex when their club gets sanctioned for breaking FFP as its very very easy to say well if we have been done, what about this club and this club etc like getting pulled over for speeding and using other people driving fast too as an excuse :laugh:

this looks like another good one https://www.audible.co.uk/pd/Done-Deal-Audiobook/1472960491?plink=mrnYWVs5YOrjT2Ea&ref=a_hp_c11_adblp13nprsx_1_2&pf_rd_p=26fabe92-0900-43e0-9bd7-c125d42c8c79&pf_rd_r=GNRQ0K77B2VRCC5FDDYY&pageLoadId=m4DCLH0J1ewZdIzx&creativeId=de6f3ddb-a383-4884-bcd0-3bd9204c79d5