01-07-2024, 01:36 PM
The idea as I’ve said many many many times that we can live within our means as a club in the Championship and compete with those clubs with parachute payments is very wishful thinking.
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Takeover
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01-07-2024, 01:36 PM
The idea as I’ve said many many many times that we can live within our means as a club in the Championship and compete with those clubs with parachute payments is very wishful thinking.
01-07-2024, 01:39 PM
(This post was last modified: 01-07-2024, 01:43 PM by Pragmatist.)
(01-07-2024, 01:10 PM)fuzzbox Wrote: One thing we could do - I think - is drastically upgrade and enlarge our academy. Isn't that excluded from ffp? No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner. It just shifts the problem. (01-07-2024, 01:36 PM)Derek Hardballs Wrote: The idea as I’ve said many many many times that we can live within our means as a club in the Championship and compete with those clubs with parachute payments is very wishful thinking. Correct - and that’s exactly what other clubs were saying about us when we had parachute funding The fact that Luton and Brentford got up without any (as I think did Leeds) does give some hope though. I predict that FFP will soon change. Owners will be able to inject as much money as they want over and above a certain limit, but solely as equity, not debt. The risk is then entirely theirs, not the club’s.
01-07-2024, 01:51 PM
(01-07-2024, 01:10 PM)fuzzbox Wrote: One thing we could do - I think - is drastically upgrade and enlarge our academy. Isn't that excluded from ffp? They want a big return in the academy.........look at the NFL they put alot of money in the college system then expect big returns on it
01-07-2024, 01:52 PM
Well, it’s gone from a guaranteed firesale to we may bring one or two on loan.
No-one on here truly knows as much as they profess to. The future is looking brighter whatever happens so hope we win today and get new owners in the week.
01-07-2024, 02:41 PM
(01-07-2024, 01:10 PM)fuzzbox Wrote: One thing we could do - I think - is drastically upgrade and enlarge our academy. Isn't that excluded from ffp? This is the direction of travel. Infrastructure
Someone could have been killed
01-07-2024, 03:24 PM
(01-07-2024, 01:39 PM)Pragmatist Wrote: No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner. It just shifts the problem.I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp. Whether you want a separate company owning the training facilities is another matter....
01-07-2024, 03:33 PM
(01-07-2024, 03:32 PM)fuzzbox Wrote:(01-07-2024, 01:39 PM)Pragmatist Wrote: No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner. It just shifts the problem.I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp Isn't the Academy based at the Training Ground?
01-07-2024, 03:45 PM
(01-07-2024, 03:33 PM)Kit Kat Chunky Wrote:(01-07-2024, 03:32 PM)fuzzbox Wrote:(01-07-2024, 01:39 PM)Pragmatist Wrote: No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner. It just shifts the problem.I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp Eh? The Academy is opposite the ground ay it?
01-07-2024, 03:47 PM
The education centre and some of the facilities are yes.
Someone could have been killed
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