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FFP
Nov 14, 2019 18:30:55 GMT
Post by boskampsflaps on Nov 14, 2019 18:30:55 GMT
What’s the betting that they give them a telling off and put out a warning to the next club that punishment will be more severe in future......and then watch Stoke stumble right into it and get massively punished like no one has been punished before. They've already punished teams for FFP, I'm hoping we get our ducks in a row or we could very well be screwed.
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FFP
Nov 14, 2019 18:33:27 GMT
Post by Edward Tattsyrup on Nov 14, 2019 18:33:27 GMT
Gary Monk is a jinx, first Birminham now Sheff Wed and to think some people wanted here.
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FFP
Nov 14, 2019 18:46:13 GMT
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Post by chad on Nov 14, 2019 18:46:13 GMT
FFP wants fuckin off together with VAR Both designer to keep the big clubs at the top
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Post by Deleted on Nov 14, 2019 18:54:12 GMT
Gary Monk is a jinx, first Birminham now Sheff Wed and to think some people wanted here. Certainly got a touch of the Hreidarssons about him hasn't he? Next you'll be telling me he's sponsored by Macron.
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Post by backintheday on Nov 14, 2019 19:37:43 GMT
Who on earth thought up FFP and why? The premier league 😎 I think it was uefa under duress from the other leagues across Europe to combat the vast amount of money awash in the premier league
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FFP
Nov 14, 2019 22:12:33 GMT
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Post by march4 on Nov 14, 2019 22:12:33 GMT
If I understand FFP properly then our owners can spend as much as they like on our youth set up. We could emulate Man City’s facilities and we could spend on attracting the best youth players around.
Would this be the way for Peter Coates to ensure a lasting legacy?
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FFP
Nov 14, 2019 22:37:29 GMT
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Post by adi on Nov 14, 2019 22:37:29 GMT
If I understand FFP properly then our owners can spend as much as they like on our youth set up. We could emulate Man City’s facilities and we could spend on attracting the best youth players around. Would this be the way for Peter Coates to ensure a lasting legacy? I thought we’d upgraded to top tier already? Not seeing much in the way of return yet but I guess it takes years?
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FFP
Nov 15, 2019 15:35:53 GMT
Post by magwitch on Nov 15, 2019 15:35:53 GMT
What are the current FFP restrictions for teams in the Championship?
Teams must limit losses to £13m per season over a three-year monitoring period (cut to £5m per season if the remaining £8m will not be made up by a ‘related party’ i.e. the club’s owner).
Losses include spending on wages and transfers (which are spread out equally over the length of their contract, or amortised, so a £20m signing on a five-year deal is a £4m a year cost on the club’s books) but excludes costs like youth development.
Booking profits on player sales are included in the P&S (profitability and sustainability) calculation, as are those on physical assets, which is why certain clubs have sold their stadiums.
But money handed to the club directly by an owner does not count as either revenue or ‘profit’ which can offset losses. Read More
Stoke City fans' survey: have your say on new manager, transfers, players or anything else
So it doesn't matter that Stoke's owners are billionaires?
Yes. Money not earned from revenues and ‘given’ to a club by its owners usually take the form of either loans or share issues.
Share issues are better for clubs as this is money injected strictly for the business without the need to ‘pay it back’ like with a loan. But the EFL will only consider the £8m mentioned above as a ‘contribution from a related party.’
Revenues must be money earned from broadcasting, match tickets and commercial activities; profits must be player and other asset sales.
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FFP
Nov 15, 2019 16:10:26 GMT
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Post by march4 on Nov 15, 2019 16:10:26 GMT
If I understand FFP properly then our owners can spend as much as they like on our youth set up. We could emulate Man City’s facilities and we could spend on attracting the best youth players around. Would this be the way for Peter Coates to ensure a lasting legacy? I thought we’d upgraded to top tier already? Not seeing much in the way of return yet but I guess it takes years? We are light years off the facilities at Man City. If we want to get the best then we must invest.
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Post by Trouserdog on Nov 15, 2019 17:35:35 GMT
I thought we’d upgraded to top tier already? Not seeing much in the way of return yet but I guess it takes years? We are light years off the facilities at Man City. If we want to get the best then we must invest. Problem is that we're competing against some big clubs- Man City, Man Utd and Wolves all have their spies out in S-O-T and surrounding areas for our local talent. No point throwing more and more money at fancy training facilities because we're never in a million years going to compete with the first two. We can improve what we have certainly, but it might be the scouting and coaching that needs reviewing more than anything else.
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FFP
Nov 15, 2019 22:12:57 GMT
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Post by march4 on Nov 15, 2019 22:12:57 GMT
We are light years off the facilities at Man City. If we want to get the best then we must invest. Problem is that we're competing against some big clubs- Man City, Man Utd and Wolves all have their spies out in S-O-T and surrounding areas for our local talent. No point throwing more and more money at fancy training facilities because we're never in a million years going to compete with the first two. We can improve what we have certainly, but it might be the scouting and coaching that needs reviewing more than anything else. Our owners can compete with anyone financially if they wish to. Our youth facilities are light years behind some other clubs. SCFC can afford the best and we deserve the best. We are not going to attract any decent youngsters unless we have the best facilities in the country. And we can spend, spend, spend without worrying about FFP.
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Post by Trouserdog on Nov 16, 2019 7:51:04 GMT
Problem is that we're competing against some big clubs- Man City, Man Utd and Wolves all have their spies out in S-O-T and surrounding areas for our local talent. No point throwing more and more money at fancy training facilities because we're never in a million years going to compete with the first two. We can improve what we have certainly, but it might be the scouting and coaching that needs reviewing more than anything else. Our owners can compete with anyone financially if they wish to. Our youth facilities are light years behind some other clubs. SCFC can afford the best and we deserve the best. We are not going to attract any decent youngsters unless we have the best facilities in the country. And we can spend, spend, spend without worrying about FFP. Missing the point, march. It wouldn't matter if we built training facilities that looked iike Buckingham Palace on steroids...the parents of any talented kids are still going to choose Man City or Man Utd over us because they're Man City and Man Utd. The way we compete is by establishing a reputation as a club that brings through youngsters and coaches them well, so parents can see a genuine route to a football career for their kids and a club that'll nurture them properly. The academy facilities we have, in terms of bricks and mortar, are absolutely fine.
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FFP
Nov 16, 2019 8:27:54 GMT
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slpmarc likes this
Post by werrington on Nov 16, 2019 8:27:54 GMT
Problem is that we're competing against some big clubs- Man City, Man Utd and Wolves all have their spies out in S-O-T and surrounding areas for our local talent. No point throwing more and more money at fancy training facilities because we're never in a million years going to compete with the first two. We can improve what we have certainly, but it might be the scouting and coaching that needs reviewing more than anything else. Our owners can compete with anyone financially if they wish to. Our youth facilities are light years behind some other clubs. SCFC can afford the best and we deserve the best. We are not going to attract any decent youngsters unless we have the best facilities in the country. And we can spend, spend, spend without worrying about FFP. Its not about how wealthy the owners are, it’s about incomings v outgoings
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Post by slpmarc on Nov 16, 2019 9:02:12 GMT
Problem is that we're competing against some big clubs- Man City, Man Utd and Wolves all have their spies out in S-O-T and surrounding areas for our local talent. No point throwing more and more money at fancy training facilities because we're never in a million years going to compete with the first two. We can improve what we have certainly, but it might be the scouting and coaching that needs reviewing more than anything else. Our owners can compete with anyone financially if they wish to. Our youth facilities are light years behind some other clubs. SCFC can afford the best and we deserve the best. We are not going to attract any decent youngsters unless we have the best facilities in the country. And we can spend, spend, spend without worrying about FFP. Spend, spend, spend??? FFP dictates that a club can only lose £39mill over a 3 year period that is including the owners putting in the maximum they are allowed to cover shortfalls which is £5mill a year. The club itself must not report more than £24 million losses. That’s from all revenue it makes to all expenditures. FFP on wages has been covered as virtually all the players took a 40% pay cut when we got relegated
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Post by werrington on Nov 16, 2019 10:23:19 GMT
Our owners can compete with anyone financially if they wish to. Our youth facilities are light years behind some other clubs. SCFC can afford the best and we deserve the best. We are not going to attract any decent youngsters unless we have the best facilities in the country. And we can spend, spend, spend without worrying about FFP. Spend, spend, spend??? FFP dictates that a club can only lose £39mill over a 3 year period that is including the owners putting in the maximum they are allowed to cover shortfalls which is £5mill a year. The club itself must not report more than £24 million losses. That’s from all revenue it makes to all expenditures. FFP on wages has been covered as virtually all the players took a 40% pay cut when we got relegated Just like the difference between a free transfer and a Bosman free transfer you are wasting your time mate No matter how many times over the years it’s pointed out they still can’t grasp it all
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FFP
Nov 16, 2019 11:14:49 GMT
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Post by RF10 on Nov 16, 2019 11:14:49 GMT
When do the clubs finances usually get published? Realistically we would only potentially receive decent fee for Etebo and Ndiaye right now.
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FFP
Nov 16, 2019 11:32:10 GMT
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Post by sportsman on Nov 16, 2019 11:32:10 GMT
Come on citeh. Fight them and get ffp scrapped.
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FFP
Nov 16, 2019 11:34:12 GMT
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Post by werrington on Nov 16, 2019 11:34:12 GMT
Come on citeh. Fight them and get ffp scrapped. And continue to have a Leeds/Portsmouth scenario again?
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Post by thebet365 on Nov 16, 2019 11:50:59 GMT
When do the clubs finances usually get published? Realistically we would only potentially receive decent fee for Etebo and Ndiaye right now. Any time now, they usually publish them alongside bet365 accounts which have to be in no later than the 25th December.
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Post by thebet365 on Nov 16, 2019 11:53:41 GMT
Our owners can compete with anyone financially if they wish to. Our youth facilities are light years behind some other clubs. SCFC can afford the best and we deserve the best. We are not going to attract any decent youngsters unless we have the best facilities in the country. And we can spend, spend, spend without worrying about FFP. Spend, spend, spend??? FFP dictates that a club can only lose £39mill over a 3 year period that is including the owners putting in the maximum they are allowed to cover shortfalls which is £5mill a year. The club itself must not report more than £24 million losses. That’s from all revenue it makes to all expenditures. FFP on wages has been covered as virtually all the players took a 40% pay cut when we got relegated Spending on infrastructure doesn't effect the losses, its a balance sheet transaction. However trouserdog has already covered why it would be pointless.
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FFP
Nov 16, 2019 18:58:22 GMT
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Post by skiptomylou on Nov 16, 2019 18:58:22 GMT
Who actually owns the football club? Is it the Coates family privately? Or do Bet365 own us?
If it's the family privately, could Bet 365 buy us outright at the end of next season for a profit that covers our FFP shortcomings?
And vise versa?
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Post by slpmarc on Nov 16, 2019 19:16:15 GMT
Who actually owns the football club? Is it the Coates family privately? Or do Bet365 own us? If it's the family privately, could Bet 365 buy us outright at the end of next season for a profit that covers our FFP shortcomings? And vise versa? Owned by bet365 holdings which has the Coates family and Scholes as directors.
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FFP
Nov 16, 2019 19:55:52 GMT
Post by Deleted on Nov 16, 2019 19:55:52 GMT
Who actually owns the football club? Is it the Coates family privately? Or do Bet365 own us? If it's the family privately, could Bet 365 buy us outright at the end of next season for a profit that covers our FFP shortcomings? And vise versa? Owned by bet365 holdings which has the Coates family and Scholes as directors. But ultimately controlled by DC.
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Post by slpmarc on Nov 16, 2019 20:07:48 GMT
Owned by bet365 holdings which has the Coates family and Scholes as directors. But ultimately controlled by DC. Denise is majority stakeholder in bet365, but don’t think in fact I’m sure she isn’t for the club holding company. Sure that is Peter
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FFP
Nov 16, 2019 20:13:31 GMT
Post by Deleted on Nov 16, 2019 20:13:31 GMT
But ultimately controlled by DC. Denise is majority stakeholder in bet365, but don’t think in fact I’m sure she isn’t for the club holding company. Sure that is Peter So you are saying that Peter controls SCFC?
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Post by slpmarc on Nov 16, 2019 20:15:53 GMT
Denise is majority stakeholder in bet365, but don’t think in fact I’m sure she isn’t for the club holding company. Sure that is Peter So you are saying that Peter controls SCFC? John makes the decisions now. Not sure if stake holdings changed.
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FFP
Nov 16, 2019 20:18:26 GMT
Post by Deleted on Nov 16, 2019 20:18:26 GMT
So you are saying that Peter controls SCFC? John makes the decisions now. Not sure if stake holdings changed. We are talking about "who owns SCFC". Not who (for the moment), makes the decisions.
I thought Bet65 owned the club (DC controls Bet365).
Does a holding company own the stadium (but not the club)?
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Post by slpmarc on Nov 16, 2019 20:20:33 GMT
John makes the decisions now. Not sure if stake holdings changed. We are talking about "who owns SCFC". Not who (for the moment), makes the decisions.
I thought Bet65 owned the club (DC controls Bet365).
Does a holding company own the stadium (but not the club)?
No, bet365 holdings own the club. The is also another company that owns the stadium which Richard Smith is majority stakeholder. Bet365 itself don’t own the club it just has the same shareholders
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FFP
Nov 16, 2019 20:23:54 GMT
Post by Deleted on Nov 16, 2019 20:23:54 GMT
We are talking about "who owns SCFC". Not who (for the moment), makes the decisions.
I thought Bet65 owned the club (DC controls Bet365).
Does a holding company own the stadium (but not the club)?
No, bet365 holdings own the club. The is also another company that owns the stadium which Richard Smith is majority stakeholder. Bet365 itself don’t own the club it just has the same shareholders But DC in ultimate control.
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Post by slpmarc on Nov 16, 2019 20:28:10 GMT
No, bet365 holdings own the club. The is also another company that owns the stadium which Richard Smith is majority stakeholder. Bet365 itself don’t own the club it just has the same shareholders But DC in ultimate control. 3 different companies. She’s not even a director of the company that own the stadium. The betting company is hers, the club is her dads who was majority stakeholder holder with John, Denise, Richard, Scholes all minor. Whether the stakeholdings have been increased for John with him taking more control I don’t know, but I do know Denise doesn’t control the club. Her husband has more say than her
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