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Post by delroy on Aug 2, 2020 12:57:43 GMT 1
I think most football fans would agree that the operation of the FFP rules is poor to say the least.
Perhaps a simple clear new policy might work.
The football authorities should announce that all future breaches of the rules will result in automatic relegation.
It happened in Scotland and Italy why not in England?
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Post by softboy on Aug 2, 2020 19:14:05 GMT 1
Fantastic idea in principal but the number of appeals, law suits, even more creative accountancy will just get around it. How would it work in practice? If a club is found guilty in December would they be immediately relegated for example?
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Post by sapphireblue on Aug 2, 2020 19:23:53 GMT 1
First thing that should happen is an end to the "protected football debts".
HMRC first. Administrator next. Banks next.
Just like every other business.
Football should not be a special case.
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Post by space hardware on Aug 2, 2020 21:08:02 GMT 1
First thing that should happen is an end to the "protected football debts". HMRC first. Administrator next. Banks next. Just like every other business. Football should not be a special case. I think you'd certainly see football clubs run in a less reckless way.
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Post by sapphireblue on Aug 2, 2020 21:36:42 GMT 1
First thing that should happen is an end to the "protected football debts". HMRC first. Administrator next. Banks next. Just like every other business. Football should not be a special case. I think you'd certainly see football clubs run in a less reckless way. Exactly that. At the moment they don't have to, so they don't.
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Post by shawsie on Aug 3, 2020 14:50:13 GMT 1
First thing that should happen is an end to the "protected football debts". HMRC first. Administrator next. Banks next. Just like every other business. Football should not be a special case. Add to that those who wish to inject huge money have to do so (after a certain amount) as equity not secured loan notes would also help imo. If the cash injected is equity they fall to the back of the creditor queue if it all goes wrong.
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