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Post by buzz on Mar 21, 2014 23:39:38 GMT 1
With Deano financing the club to the tune of millions every year are we heading for a transfer embargo next season?...........
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Post by Deleted on Mar 21, 2014 23:40:40 GMT 1
With Deano financing the club to the tune of millions every year are we heading for a transfer embargo next season?........... Yeah, i think so.
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Post by thrice on Mar 21, 2014 23:49:36 GMT 1
No bugger will be signing anyone when it kicks in.
We will need to get some coin in for some of our players in the summer to stand any chance of complying.
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Post by Deleted on Mar 22, 2014 0:55:46 GMT 1
I think the doom mongers above are misreading the FFP regulations.
Town will comfortably come within the allowed maximum loss, which for 13/14 is £8m.
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Post by bluedogs, Esq. on Mar 22, 2014 1:04:11 GMT 1
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Post by PellonTerrier on Mar 22, 2014 4:55:41 GMT 1
I haven't seen anything that makes me believe we are going to fall foul of ffp, what are you basing this and all your other posts based on this subject on? or are you just a supporter of another team trying to create a bit of a stir?
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Post by kennyk2 on Mar 22, 2014 8:14:04 GMT 1
As above we can lose up to 8 million per annum without penalty. Can't ever remember us losing this amount in one financial year before, although I stand to be corrected on this. All here if you want to read it: FFP Explained
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Post by Deleted on Mar 22, 2014 9:06:14 GMT 1
oh f..k someone gotta tell deano. the club and everything are at risk. we're dooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooomed!!
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Post by Nickhudds.UTT on Mar 22, 2014 9:38:37 GMT 1
oh f..k someone gotta tell deano. the club and everything are at risk. we're dooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooomed!! Nice video.
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Post by HuddsTerrier on Mar 22, 2014 10:25:42 GMT 1
As above we can lose up to 8 million per annum without penalty. Can't ever remember us losing this amount in one financial year before, although I stand to be corrected on this. All here if you want to read it: FFP ExplainedAs our wage bill is £9m we'd need to go some to rack up £8m losses from the rest of the business! Especially as turnover last year was £11.2m Seems pretty well costed to me, although Deano will no doubt be contributing a bit (allowed under the rules) Fact is if there were any concerns of breaking the rules we wouldn't have spent £1.5m + two months ago on Wells and Lolley. Nor would we have announced season ticket prices starting from just £250 this month! The OP is almost certainly a WUM
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Post by Deleted on Mar 22, 2014 10:57:31 GMT 1
When it comes to complying with FPP, I would have thought we were one of the handfull of clubs who will be OK in the Championship. It could seriously reshuffle the pecking order if it gets enforced properly, leaving Town with a good advantage over some "bigger" clubs.
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Post by formerlymirfin5 on Mar 22, 2014 11:33:33 GMT 1
Bloody lack of ambition, we should be going for the full 8m loss, shit ambition this club. It's a bloody joke.
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Post by Deleted on Mar 22, 2014 11:35:11 GMT 1
When it comes to complying with FPP, I would have thought we were one of the handfull of clubs who will be OK in the Championship. It could seriously reshuffle the pecking order if it gets enforced properly, leaving Town with a good advantage over some "bigger" clubs. THATS THE POINT IF IT GETS ENFORCED PROPERLY. It wont and the big clubs know it.
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Post by Deleted on Mar 22, 2014 12:29:37 GMT 1
When it comes to complying with FPP, I would have thought we were one of the handfull of clubs who will be OK in the Championship. It could seriously reshuffle the pecking order if it gets enforced properly, leaving Town with a good advantage over some "bigger" clubs. THATS THE POINT IF IT GETS ENFORCED PROPERLY. It wont and the big clubs know it. What do you mean? Do you mean you dont think the rules as written down wont be enforced, or do you mean you dont think the rules are appropriate? Why wouldn't the league enforce the rules as written, they follow every other rule...if they DONT enforce them then chaos would ensue. Are the rules appropriate? Arguable...personally I dont think there should be such a rule, football should be a free enterprise market, however I think the punishments for admin should be much stiffer...I'd advocate immediate loss of your football league share, and if you want to enter a new team, you start outside the football league. Dont think it would take many clubs disappearing down the river to focus the minds of the rest of football. We're in the back end of a worldwide financial crisis, its natural that the football market should shrink...and yet it hasnt.
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Post by kennyk2 on Mar 22, 2014 13:52:45 GMT 1
As above we can lose up to 8 million per annum without penalty. Can't ever remember us losing this amount in one financial year before, although I stand to be corrected on this. All here if you want to read it: FFP ExplainedAs our wage bill is £9m we'd need to go some to rack up £8m losses from the rest of the business! Especially as turnover last year was £11.2m Seems pretty well costed to me, although Deano will no doubt be contributing a bit (allowed under the rules) Fact is if there were any concerns of breaking the rules we wouldn't have spent £1.5m + two months ago on Wells and Lolley. Nor would we have announced season ticket prices starting from just £250 this month! The OP is almost certainly a WUM No doubt that he was a WUM, that's why I tried to explain FFP simply (the link to the flow chart is pretty good). Hopefully he has now gone to infinity and beyond.
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Post by yoy on Mar 22, 2014 16:26:16 GMT 1
As our wage bill is £9m we'd need to go some to rack up £8m losses from the rest of the business! Especially as turnover last year was £11.2m Seems pretty well costed to me, although Deano will no doubt be contributing a bit (allowed under the rules) Fact is if there were any concerns of breaking the rules we wouldn't have spent £1.5m + two months ago on Wells and Lolley. Nor would we have announced season ticket prices starting from just £250 this month! The OP is almost certainly a WUM No doubt that he was a WUM, that's why I tried to explain FFP simply (the link to the flow chart is pretty good). Hopefully he has now gone to infinity and beyond. Why is he a WUM? I can't remember the exact numbers and can't be bothered to look them up but the annual report last year showed losses in the region of £11.4m ahead of £7m profit on the sale of Rhodes. I don't know the ins and outs of the ddifferences between losses in the accounts and losses for the purpose of FFP but I do know that it isn't so cut and dry that it isn't a fair challenge to make.
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Post by Deleted on Mar 22, 2014 16:48:55 GMT 1
No doubt that he was a WUM, that's why I tried to explain FFP simply (the link to the flow chart is pretty good). Hopefully he has now gone to infinity and beyond. Why is he a WUM? I can't remember the exact numbers and can't be bothered to look them up but the annual report last year showed losses in the region of £11.4m ahead of £7m profit on the sale of Rhodes. I don't know the ins and outs of the ddifferences between losses in the accounts and losses for the purpose of FFP but I do know that it isn't so cut and dry that it isn't a fair challenge to make. Rhodes profit in accounts will be more or less same this year as it was last year (and not £7m).
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Post by yoy on Mar 22, 2014 16:57:10 GMT 1
Why is he a WUM? I can't remember the exact numbers and can't be bothered to look them up but the annual report last year showed losses in the region of £11.4m ahead of £7m profit on the sale of Rhodes. I don't know the ins and outs of the ddifferences between losses in the accounts and losses for the purpose of FFP but I do know that it isn't so cut and dry that it isn't a fair challenge to make. Rhodes profit in accounts will be more or less same this year as it was last year (and not £7m). In the accounts £7m profit on the sale of Rhodes was reported. There will be nothing reported in the next set of accounts. It may be the case that it is split differently for FFP but it certainly is not the case that they will report profit on his sale again for this year.
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Post by Deleted on Mar 22, 2014 18:13:43 GMT 1
Apologies yes you're right as far as the "accounts" are concerned.
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Post by buzz on Mar 22, 2014 21:11:49 GMT 1
Think of me what you will! Im just a concerned fan........thats all! 1.5 mill spent on two players and we are still on a terrible run of form! If we are to take ris ks then risk the academy kids!......least we will have something to develop properly both on the pitch and within the finances of the club! ...utt
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Post by Scissett Terrier! on Mar 22, 2014 21:15:40 GMT 1
FFP will never get enforced IMO, jsut look at the number of clubs who have basically said fuck it!
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Post by thrice on Mar 22, 2014 21:18:25 GMT 1
FFP will never get enforced IMO, jsut look at the number of clubs who have basically said fuck it! I am more inclined to think that everybody is in for rude awakening.
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