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chinapig

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Posts posted by chinapig

  1. 2 minutes ago, Mr Popodopolous said:

    Mad though it sounds, I believe Wolves complied- just.

    You add profit onto allowable losses. Maybe £8m profit in 2015/16. Then a purported £20m in bonuses and fees due on promotion...if no promotion, nothing paid.

    Then deductible costs- youth, infrastructure, depreciation and amortisation of non-footballing assets, Community. Say £4-5m per season.

    For sure they would've needed some good sales had they lost in the playoffs..in Neves, Cavaleiro and Costa to name 3 though they were some good ones to sell. Could've turned a profit on Ruddy and Douglas too if necessary.

    I'm not at fait with the accounting niceties but the idea that pre-tax losses of £57m is somehow ok doesn't suggest financial responsibility to me.

    If that is the case, with his expertise and resources I'm sure SL could manipulate our position accordingly. Except he is too honest and we are not a big enough club to get a free pass.

    Not that I think football is a cesspit of dubious practices or anything.

  2. 1 minute ago, Pabloavfc said:

    I think the parachute payments are an unfair advantage but then the loss in income once relegated is a huge thing. We had to sack a lot of staff and close a whole tier of a stand for most games. 

    To be honest I think FFP is a mess at the moment. If they want real financial fairness then they need to adopt rules similar to American sports, with salary caps in place. 

    I take your point, and it's always the non-football staff who take the hit. I don't suppose any of the club hierarchy lost much sleep over that. 

    It didn't stop Bruce signing ever more expensive players then complaining he wasn't given enough to spend. How many staff could have been paid from the wages wasted on Bolasie and Hogan alone? Let alone Terry!

    Absolutely agree on the American model though. It's ironic that the home of capitalism red in tooth and claw has better financial controls.

    • Like 1
  3. 57 minutes ago, Pabloavfc said:

    You seem more clued up on the regulations than I do. 

    I would say that forcing a club to sell an academy product to meet FFP is going to be one of the reasons the rich clubs in the prem remain rich and have the advantage. 

    Our CEO believes we will be compliant with the rules so until he gives me reason to distrust him I have faith that we are following the rules.

    I agree to the extent that I have long suspected that one of the real purposes of FFP was to entrench the advantage of the richest clubs.

    By the same token, though, do you object to the advantage given to clubs who get parachute payments, especially those who are still profligate despite having that advantage?

  4. 18 minutes ago, Pabloavfc said:

    You seem more clued up on the regulations than I do. 

    I would say that forcing a club to sell an academy product to meet FFP is going to be one of the reasons the rich clubs in the prem remain rich and have the advantage. 

    Our CEO believes we will be compliant with the rules so until he gives me reason to distrust him I have faith that we are following the rules.

    Wolves lost a reported £57m last year and £23m the year before with no consequences. The media would have us believe their progress is some kind of fairytale of course.

    FFP is meaningless without proper controls and independent in-season enforcement. The problem is that the EFL is a trade association not a governing body.

    If any club ever gets really severe sanctions it's a safe bet it will be some little league 2 club not one of the powerful Championship clubs.

  5. 10 minutes ago, downendcity said:

    This from Villa's forum today:

    We cannot and will not go on like this.

    I think some people are in for a shock in the summer when we have to build an entire new team with no money, no turnover and very few sellable assets.

    I think Hogan is loaned out to get games and will probably start the main man next year.

    I see no feasible way we can afford or attract Mings. Smith is going nowhere because he is cheap, will work with what he has been given and will be desperate to succeed regardless.

    That is the honest truth. I think some people are living in an alternative reality with regards to the summer.

    I expect cheap free journeymen. Clayton Donaldson's and the like.

    Edit : not that I am against working on a budget now. Other teams do it and get out the league. How many times have we been outplayed by a side built on frees and flops molded into a team since we have been down here?

    Sobering reading for any City fans who don;t think the FFP is a thing or that SL uses FFP as a convenient excuse for not spending his money.

    Sounds like Villa fans are bracing themselves for the worst when their accounts are assessed by the EFL. Could be a major watershed moment if they bust the limits and are properly punished. 

    Your last 3 words are the key ones.The EFL keep kicking the can down the road as far as Brum are concerned. How much more reluctant will they be to grasp the nettle when it comes to Villa?

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  6. 11 minutes ago, chinapig said:

    So they're in a race against time to get their screen installed before Spurs open their new stadium.

    The only 2 clubs in the country making major stadium improvements lest we forget.

    Actually it strikes me they could get one over on Spurs by erecting a cheese tent, Spurs having abandoned the plan they now claim they never had.

    I'm thinking out of date Dairylea triangles.

  7. 54 minutes ago, cidercity1987 said:

    Coughlans interview was well out of order, blaming all and sundry for appointing such an inexperienced referree. Fair enough it's the blokes first season on League One games but everyone starts from somewhere and does Coughlan really think the Gas deserve Collina running their games?

    By that logic no manager should ever pick an inexperienced player either. He doesn't come across as awfully bright does he?

  8. 6 hours ago, ScottishRed said:

    IF this happens it could be the defining moment for FFP in English football.

    Somwhow I suspect it won’t be a points deduction punishment.

    I also believe that Villa, who must also have issues, have spent in Jan comfortable in the knowledge that any punishment will be financial.

    Otherwise their actions are bizarre.

    I wouldn't be surprised if there has been a conversation with the EFL.

     "Don't worry, you won't get a points deduction, we'll agree a purely symbolic fine then you can carry on as before. If we want to make an example of somebody we'll go after some penniless League 2 club."

    Cynical , moi??

  9. 11 hours ago, BCFC11 said:

    Another case of gas bullshitting, they’ve said it so many times now it is now the truth. He’s on nowhere near that, yet the still nearly tripled his wages.

    Who cost more than Taylor don’t you know :thumbsup:

    So if he tripled his wages we're paying him £600 a week?

    • Like 1
    • Haha 1
  10. 4 minutes ago, BCFC11 said:

    Listening the 20man on way home earlier when he read some of the fewers texts out on what an excellent point they thought it was for them today, turned to my old man and said if City ever get to a stage where a point against Accrington Stanley was an excellent result, I’m giving up.

    We hit something of a low under SO'D when drawing at home with Orient was treated as a triumph.

    Anybody who complains about us currently might care to remember that. Me included.

    • Like 1
  11. 22 minutes ago, JBFC II said:

    And then went on to say his fans shouldn't be getting wet. 

    Have you seen your away end?? 

    Following on from his ludicrous comparison with Sheff Wed he is clearly under instructions to deflect attention from their pitiful facilities.

    Dopey was giving the owner grief so Wael has found himself a replacement who will toe the line.

    Their gullible fans will no doubt fall for it as usual.

    • Like 1
  12. 1 minute ago, TomF said:

    He’s only saying what we all know. He’s pitching himself to the fans I feel to say look it ain’t my fault. In a way you can’t blame him. 

    Fair enough, the problem is the owner. Yet until now there has been barely a complaint from their fans against him.

    Loyalty is not their defining characteristic, however much they kid themselves that everybody thinks they're the best fans in the country, it's gullibility.

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