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  • "
    owd nick wrote:
    Champagne plus charlie wrote:
    FFP is truly a wonderful thing.

    The great equaliser.
    FFP for Championship clubs is based on one years finances, but for PL clubs it's three years.

    Pleas explain how that is a great equaliser?

    The three clubs promoted to the PL will be classed (financially) as Championship clubs in the first year, competing against the rest who will have a least two years in the PL in the bank, most will have significantly more.

    How can that be regarded as a great equaliser because if they are allowed to do so they will have to mortgage some of their potential earnings from their first season in the PL, so if they are relegated, which historically is likely, the banks will be looking for their pound of flesh.

    FFP isn't fair, it's designed to make the bigger clubs bigger and the sooner you self righteous idiots work that out the better.

    That's why City's fine has been reduced, it's basically been spread over three years and as long as City play ball and don't overstep the mark again there is provision to reduce the fine pro rata over the following two years.

    Gloating is fine, enjoy you day in the sun, but the reality is that smaller clubs like ours can no longer compete with big city clubs who can;

    - fill stadiums with 40 to 80,000 fans paying a premium for the privilege.
    - attract huge world wide TV audiences.
    - attract huge sponsorship deals.

    And under the auspices of FFP have been given a huge financial advantage.

    City have been given a £16 million fine, Dyche has be given a £16 million transfer kitty that has to cover not only any transfer fees but agents fees, signing on fees, salaries; etc, etc.

    I suppose that's another example of a great equaliser?
    compete and utter rubbish and totally irrelevant.

    Like I have stated earlier, UEFA, the English premier league and the football league are all seperate and make their own rules and punishments on FFP - so comparing Man City and BRFC is utter nonsense.

    Also, we are in the football league and FFP was voted in by the 20 members - it had NOTHING to do with the premier league or UEFA.

    This is democracy, although you and I may not like or agree with it, the majority of the FOOTBALL LEAGUE MEMBERS (ie the "other clubs") want FFP intruduced and they want clubs that have failed to comply to be punished by the introduction of a transfer ban.

    If we receive one then it will be tough for us but we won't be alble to complain because although we didnt vote on it (because we were in the PLat the time), we knew it was going to be enforced and instead of starting to reduce our wage bill once we had ben relegated we signed -
    1 - Danny Murphy
    2 - Nunes Gomes
    3 - Dixon Etuhu
    4 - Jordan Rhodes

    all on huge wages for this division in DIRECT CONTRADICTION to the aims and guidlines of our fellow football league members and now we are having to pay the penalty for such a misguided policy.

    Thats why having owners like Venkys who know nothing and seem to take little understanding about the club, the area, the sport and the rules with which we have to comply with has been a disaster.

    When people like me have continually banged on about the "drip drip effect" of the club being badly run and that the end of the day we will have to pay for the continually dailly mismanagement - well we now know the date we have to pay for Venkys longterm mismanagement of this club and that date is the 1st January 2015.

    Still, I'm sure you'll defend their mismanagement and cry "unfair practices" and "bias" against small clubs/rich owners/foreigners etc etc rather than face the reality and truth about the situation."
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Blackburn Rovers wait on FFP rules after changes rejected

Blackburn Rovers wait on FFP rules after changes rejected

Shaun Harvey

Shaun Harvey

First published in Sport

FOUR proposed changes to Financial Fair Play regulations for Blackburn Rovers and their fellow Championship clubs have been rejected.

Several unnamed clubs have threatened legal action against the regulations, which could see Rovers hit with a transfer embargo in January, but efforts to agree changes have failed.

The legal threat and concern over the impact of the new £23million parachute payments for the three clubs relegated from the Premier League led Football League bosses to review the regulations.

But all four proposals – three of them related to boosting the level of losses and owner investment permitted – were defeated in a vote by the 24 Championship clubs.

The fourth proposal was for the rules to be imposed based on ‘real time’ financial figures instead of the existing retrospective system.

But it too failed to attract the necessary 75 per cent backing.

According to Football League chief executive Shaun Harvey, other alternatives would now be examined.

Harvey said: “While a majority of clubs did vote in favour of each of the four proposals, they did not achieve the 75 per cent support required.

”We will now continue the positive and collaborative dialogue we have had with Championship clubs on this issue to see if there is any appetite for alternative forms of change.”

Rovers will suffer a transfer embargo in January if they do meet the existing regulations.

Existing FFP regulations state that Championship clubs can make a maximum loss of £3m for the current 2013-14 campaign.

That figure rises to £8m if a club’s owner is willing to convert the additional £5m into shares in the club.

Anything above £3m or £8m will result in a transfer embargo which would come into force on January 1.

The existing regulations permit Championship clubs to lose £6m next season, 2014-15, but £3m of that must be covered by owner investment.

There were three proposals to increase that allowance to either £10m, £11.4m or £12.8m.

Premier League chief executive Richard Scudamore has also expressed serious concerns about the existing system, which is based on just one year, while controls over the top-flight clubs take into account three years’ figures and allow more owner investment.

The first sanctions against Championship clubs will be announced in December based on accounts for the current 2013-14 season.

The existing FFP regulations were agreed in April 2012 by the overwhelming majority of Championship clubs. At that time Rovers were playing in the Premier League and therefore did not have a vote.

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