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Post by CBUFAWKIPWH on Jun 5, 2023 17:48:44 GMT
Would you like to explain how getting rid of FFP would result in Wigan being able to pay their players? Directly it wouldn't however FFP has led to EFL clubs not buying players off each other which collectively means there is, significantly less money in the collective pot as such clubs have less money Shutting down, if not entirely but massively a key revenue stream for the EFL is madness There are two types of revenue: 1 Revenue that is generated from within the game - ticket sales, merchandising, prize money etc. This is real, sustainable revenue that clubs can do what they want with. 2 Debt - external money that is not generated within the game which if called in would bankrupt the clubs involved. Reliance on this "revenue" is unsustainable. Virtually every football club is reliant on some form of debt just to keep going. Looked at as a whole football is an unsustainable money pit - it does not sustain itself with the revenue generated from within the game and is dependant on external money being pumped into the game. The "revenue" you talk about that is swilling around just waiting to bail out clubs who have got themselves in trouble isn't "revenue" at all - it's debt. To bail out Wigan some other club would have to put themselves further into debt to buy their players. And the amount they would pay would be less than the book value of the player they are buying because if a club is in trouble and being told they have to sell they will be forced to accept less than they paid. Which reduces the total value of the assets in the game. Which puts football further into debt. FFP isn't a constraint on the money that football generates. It's a restraint on how much debt the game is allowed to take on. Left to it's own devices owners will carry on loading debt onto their club in the hope of making it to the next level and if every club does it - which they will if everyone else is doing it and their are no constraints - debt will spiral out of control and the clubs that don't make it to the next level (the majority of them) will go bust. Those wanting rid of FFP fall into 2 categories: 1 Those that haven't a clue about economics and naively believe debt isn't a massive issue for football. 2 Those that understand what will happen but don't give a fuck if clubs go bankrupt as long as their club isn't one of them.
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Post by flea79 on Jun 8, 2023 16:04:13 GMT
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Post by lordb on Jun 8, 2023 18:23:42 GMT
Directly it wouldn't however FFP has led to EFL clubs not buying players off each other which collectively means there is, significantly less money in the collective pot as such clubs have less money Shutting down, if not entirely but massively a key revenue stream for the EFL is madness There are two types of revenue: 1 Revenue that is generated from within the game - ticket sales, merchandising, prize money etc. This is real, sustainable revenue that clubs can do what they want with. 2 Debt - external money that is not generated within the game which if called in would bankrupt the clubs involved. Reliance on this "revenue" is unsustainable. Virtually every football club is reliant on some form of debt just to keep going. Looked at as a whole football is an unsustainable money pit - it does not sustain itself with the revenue generated from within the game and is dependant on external money being pumped into the game. The "revenue" you talk about that is swilling around just waiting to bail out clubs who have got themselves in trouble isn't "revenue" at all - it's debt. To bail out Wigan some other club would have to put themselves further into debt to buy their players. And the amount they would pay would be less than the book value of the player they are buying because if a club is in trouble and being told they have to sell they will be forced to accept less than they paid. Which reduces the total value of the assets in the game. Which puts football further into debt. FFP isn't a constraint on the money that football generates. It's a restraint on how much debt the game is allowed to take on. Left to it's own devices owners will carry on loading debt onto their club in the hope of making it to the next level and if every club does it - which they will if everyone else is doing it and their are no constraints - debt will spiral out of control and the clubs that don't make it to the next level (the majority of them) will go bust. Those wanting rid of FFP fall into 2 categories: 1 Those that haven't a clue about economics and naively believe debt isn't a massive issue for football. 2 Those that understand what will happen but don't give a fuck if clubs go bankrupt as long as their club isn't one of them. There is less money in the EFL because of the restrictions that's a simple truth Turn the tap back on and you might just see clubs selling players to other clubs a darn sight more
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Post by march4 on Jun 8, 2023 19:07:14 GMT
There are two types of revenue: 1 Revenue that is generated from within the game - ticket sales, merchandising, prize money etc. This is real, sustainable revenue that clubs can do what they want with. 2 Debt - external money that is not generated within the game which if called in would bankrupt the clubs involved. Reliance on this "revenue" is unsustainable. Virtually every football club is reliant on some form of debt just to keep going. Looked at as a whole football is an unsustainable money pit - it does not sustain itself with the revenue generated from within the game and is dependant on external money being pumped into the game. The "revenue" you talk about that is swilling around just waiting to bail out clubs who have got themselves in trouble isn't "revenue" at all - it's debt. To bail out Wigan some other club would have to put themselves further into debt to buy their players. And the amount they would pay would be less than the book value of the player they are buying because if a club is in trouble and being told they have to sell they will be forced to accept less than they paid. Which reduces the total value of the assets in the game. Which puts football further into debt. FFP isn't a constraint on the money that football generates. It's a restraint on how much debt the game is allowed to take on. Left to it's own devices owners will carry on loading debt onto their club in the hope of making it to the next level and if every club does it - which they will if everyone else is doing it and their are no constraints - debt will spiral out of control and the clubs that don't make it to the next level (the majority of them) will go bust. Those wanting rid of FFP fall into 2 categories: 1 Those that haven't a clue about economics and naively believe debt isn't a massive issue for football. 2 Those that understand what will happen but don't give a fuck if clubs go bankrupt as long as their club isn't one of them. There is less money in the EFL because of the restrictions that's a simple truth Turn the tap back on and you might just see clubs selling players to other clubs a darn sight more For those who support FFP, just look at the appalling damage it is doing to clubs like Wigan.
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Post by crouchpotato1 on Jun 11, 2023 11:25:29 GMT
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Post by Veritas on Jun 11, 2023 11:55:29 GMT
There is less money in the EFL because of the restrictions that's a simple truth Turn the tap back on and you might just see clubs selling players to other clubs a darn sight more For those who support FFP, just look at the appalling damage it is doing to clubs like Wigan. FFP isn't doing this to Wigan the irresponsible owners are.
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Post by lordb on Jun 11, 2023 11:56:46 GMT
For those who support FFP, just look at the appalling damage it is doing to clubs like Wigan. FFP isn't doing this to Wigan the irresponsible owners are. Yes but the curtailing of the transfer market has exacerbated the problems a cross the EFL
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Post by Veritas on Jun 11, 2023 11:59:55 GMT
FFP isn't doing this to Wigan the irresponsible owners are. Yes but the curtailing of the transfer market has exacerbated the problems a cross the EFL It is far from perfect but something needs to be in place
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Post by lordb on Jun 11, 2023 12:02:20 GMT
Yes but the curtailing of the transfer market has exacerbated the problems a cross the EFL It is far from perfect but something needs to be in place Yes an independent regulator of football with actual power Not FFP
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Post by march4 on Jun 11, 2023 12:19:49 GMT
For those who support FFP, just look at the appalling damage it is doing to clubs like Wigan. FFP isn't doing this to Wigan the irresponsible owners are. I’m afraid it has. By drastically reducing the total amount of money in English football, the patently stupid FFP restrictions are making life more difficult for every club. They need scrapping with immediate effect.
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Post by nonameface on Jun 11, 2023 12:27:00 GMT
any players we should be circling like vultures for?
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Post by crouchpotato1 on Jun 11, 2023 12:30:29 GMT
any players we should be circling like vultures for? Was thinking the same mate but wasn’t really impressed by many when they visited our place
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Post by theonlooker on Jun 11, 2023 15:22:06 GMT
Will Keane is the obvious one, but at soon to be 31 there's not much to get the juices flowing.
Jack Whatmough was rated highly at Pompey. Centre half.
I've always quite liked Callum Lang, who at 24, could be a decent signing at the right price. Winger cum strikery type.
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Post by lordb on Jun 11, 2023 15:28:07 GMT
Will Keane is the obvious one, but at soon to be 31 there's not much to get the juices flowing. Jack Whatmough was rated highly at Pompey. Centre half. I've always quite liked Callum Lang, who at 24, could be a decent signing at the right price. Winger cum strikery type. They look like all being free transfers by Friday
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Post by theonlooker on Jun 11, 2023 15:31:52 GMT
Will Keane is the obvious one, but at soon to be 31 there's not much to get the juices flowing. Jack Whatmough was rated highly at Pompey. Centre half. I've always quite liked Callum Lang, who at 24, could be a decent signing at the right price. Winger cum strikery type. They look like all being free transfers by Friday In which case I'd definitely take Lang as a development project all day long.
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Post by shrewspotter on Jun 12, 2023 15:54:05 GMT
Served with winding up order from HMRC apparently
Ive never really liked Wigan as a club but wouldn't wish that on them
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Post by lordb on Jun 12, 2023 19:58:35 GMT
Served with winding up order from HMRC apparently Ive never really liked Wigan as a club but wouldn't wish that on them Looking ominous
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Post by Bojan Mackey on Jun 12, 2023 20:25:48 GMT
Wigone.
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Post by Huddysleftfoot on Jun 12, 2023 20:30:35 GMT
Something has to be done.....it could be any club this, including ours.
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Post by spitthedog on Jun 12, 2023 20:30:57 GMT
Served with winding up order from HMRC apparently Ive never really liked Wigan as a club but wouldn't wish that on them Looking ominous Not necessarily, as they have 2 buyers lined up, presumably ready to pay off the debt.
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Post by flea79 on Jun 12, 2023 21:46:12 GMT
Not necessarily, as they have 2 buyers lined up, presumably ready to pay off the debt. One is the idiot who has spent 6 months trying too buy morecambe but hasn’t been able too prove his source of money and that he has enough to fund so has no chance The other is rumoured to be the guy who owns the rugby club
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Post by bridgnorthstokie on Jun 13, 2023 9:09:26 GMT
They look like all being free transfers by Friday In which case I'd definitely take Lang as a development project all day long. Development project......he's 24.
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Post by theonlooker on Jun 13, 2023 9:13:13 GMT
In which case I'd definitely take Lang as a development project all day long. Development project......he's 24. Yes, development project. Rather than lazily bringing in a 30+ year old knacker that will be worthless in 2 years, go for a 24 year old on a free and see if you can turn him into a good Championship player in a couple of seasons. If so, great. Keep him on or sell him for a profit. If not, lost nothing.
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Post by ursemboys on Jun 13, 2023 9:14:53 GMT
McClean on a free, you know it makes sense, teach the spineless tosses' we currently have how to have a backbone
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Post by Northy on Jun 13, 2023 11:41:11 GMT
McClean on a free, you know it makes sense, teach the spineless tosses' we currently have how to have a backbone Haven't all the spineless tossers left already, and McClean was here at the time of them ?
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Post by ursemboys on Jun 13, 2023 12:11:23 GMT
McClean on a free, you know it makes sense, teach the spineless tosses' we currently have how to have a backbone Haven't all the spineless tossers left already, and McClean was here at the time of them ? Campbell could learn a thing or two, like how to get stuck in or break a sweat now and then
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Post by Huddysleftfoot on Jun 14, 2023 14:44:58 GMT
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Post by nott1 on Jun 14, 2023 15:17:01 GMT
Directly it wouldn't however FFP has led to EFL clubs not buying players off each other which collectively means there is, significantly less money in the collective pot as such clubs have less money Shutting down, if not entirely but massively a key revenue stream for the EFL is madness There are two types of revenue: 1 Revenue that is generated from within the game - ticket sales, merchandising, prize money etc. This is real, sustainable revenue that clubs can do what they want with. 2 Debt - external money that is not generated within the game which if called in would bankrupt the clubs involved. Reliance on this "revenue" is unsustainable. Virtually every football club is reliant on some form of debt just to keep going. Looked at as a whole football is an unsustainable money pit - it does not sustain itself with the revenue generated from within the game and is dependant on external money being pumped into the game. The "revenue" you talk about that is swilling around just waiting to bail out clubs who have got themselves in trouble isn't "revenue" at all - it's debt. To bail out Wigan some other club would have to put themselves further into debt to buy their players. And the amount they would pay would be less than the book value of the player they are buying because if a club is in trouble and being told they have to sell they will be forced to accept less than they paid. Which reduces the total value of the assets in the game. Which puts football further into debt. FFP isn't a constraint on the money that football generates. It's a restraint on how much debt the game is allowed to take on. Left to it's own devices owners will carry on loading debt onto their club in the hope of making it to the next level and if every club does it - which they will if everyone else is doing it and their are no constraints - debt will spiral out of control and the clubs that don't make it to the next level (the majority of them) will go bust. Those wanting rid of FFP fall into 2 categories: 1 Those that haven't a clue about economics and naively believe debt isn't a massive issue for football. 2 Those that understand what will happen but don't give a fuck if clubs go bankrupt as long as their club isn't one of them. There IS another category! Stoke City who have a golden egg situation with the Coates family, and for whom FFP is a bloody hindrance to getting us in the Prem.
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Post by nott1 on Jun 14, 2023 15:51:44 GMT
McClean on a free, you know it makes sense, teach the spineless tosses' we currently have how to have a backbone Just a shame he was useless in other ways!
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Post by pottersrule on Jun 14, 2023 19:48:10 GMT
any players we should be circling like vultures for? Was thinking the same mate but wasn’t really impressed by many when they visited our place Power looked a decent player,but we were so shit you and me would have looked decent.
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