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+--- Thread: NFFC News None Transfer Related (/showthread.php?tid=518)
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RE: NFFC News/Banter None Transfer Related - Paplane - 02-03-2022
Dont owners have to convert some of the allowable ffp loses into equity to stay within the rules? If they dont then they're only allowed to lose something like £5m a year? I may have that conpletely wrong.
RE: NFFC News/Banter None Transfer Related - Salvatore Matrecano - 02-03-2022
Im sure some understand it far better than me but I believe Pap is correct. Clubs are allowed to lose £13m/yr over a rolling 3 year period but any losses above £5m must be covered by the owner. In other words if the loss is £13m the owner has to cough up a minimum of 8m (there is no maximum debt the owner can take on).
Its way more complex than that though I know compounded by Covid allowances and other factors. Anyhow the bottom line that EM is still supporting and indeed investing more into the club despite it losing a shed load of money year on year.
RE: NFFC News/Banter None Transfer Related - Username - 02-03-2022
(02-03-2022, 01:20 PM)Jean_claude_killy Wrote:(01-03-2022, 04:00 PM)ozzyten10 Wrote: Different times and not a fair comparison as FFP was in its infancy.
That’s not a dog at EM- he has continually invested or covered the shortfalls and has transferred debt to equity. His commitment should be lauded…
It is an entirely fair comparison.
The comparison I was making is ND rolled over debt and interest on the debt for his own benefit; EM, on the other hand, appears to be putting the clubs interest ahead of his own, by writing off debt
FFP has nothing to do with the subject matter; in fact it was not even introduced during Doughty's era - he was instrumental in FFP being introduced to the EFL, unfortunately he passed away before it was fully introduced in April 2012.
So why would ND have converted debt for equity when there was no need for him to do so? It wasn’t detrimental to the club whilst he was still the owner.
RE: NFFC News/Banter None Transfer Related - Jean_claude_killy - 02-03-2022
(02-03-2022, 06:19 PM)Username Wrote:(02-03-2022, 01:20 PM)Jean_claude_killy Wrote:(01-03-2022, 04:00 PM)ozzyten10 Wrote: Different times and not a fair comparison as FFP was in its infancy.
That’s not a dog at EM- he has continually invested or covered the shortfalls and has transferred debt to equity. His commitment should be lauded…
It is an entirely fair comparison.
The comparison I was making is ND rolled over debt and interest on the debt for his own benefit; EM, on the other hand, appears to be putting the clubs interest ahead of his own, by writing off debt
FFP has nothing to do with the subject matter; in fact it was not even introduced during Doughty's era - he was instrumental in FFP being introduced to the EFL, unfortunately he passed away before it was fully introduced in April 2012.
So why would ND have converted debt for equity when there was no need for him to do so? It wasn’t detrimental to the club whilst he was still the owner.
The manner in which the debt was accumulated was certainly detrimental to the Club.
RE: NFFC News/Banter None Transfer Related - Username - 02-03-2022
In what way?
RE: NFFC News/Banter None Transfer Related - Sausage Roll - 04-03-2022
Thread on Forest's latest account submission is out.
RE: NFFC News/Banter None Transfer Related - Sausage Roll - 07-03-2022
#nffc want the EFL to lobby FIFA so that players contracted to Russian clubs can walk away from those contracts and sign elsewhere. Forest don’t have specific Russian players they would like to sign, they say, but feel it is an important matter of principle. ~ Rob Dorsett.
RE: NFFC News/Banter None Transfer Related - Paplane - 07-03-2022
(07-03-2022, 05:42 PM)Sausage Roll Wrote: #nffc want the EFL to lobby FIFA so that players contracted to Russian clubs can walk away from those contracts and sign elsewhere. Forest don’t have specific Russian players they would like to sign, they say, but feel it is an important matter of principle. ~ Rob Dorsett.
Where the hell has that come from? Why would lowly Nottingham Forest be pushing for that?
RE: NFFC News/Banter None Transfer Related - Tricky - 07-03-2022
(07-03-2022, 06:59 PM)Paplane Wrote:(07-03-2022, 05:42 PM)Sausage Roll Wrote: #nffc want the EFL to lobby FIFA so that players contracted to Russian clubs can walk away from those contracts and sign elsewhere. Forest don’t have specific Russian players they would like to sign, they say, but feel it is an important matter of principle. ~ Rob Dorsett.
Where the hell has that come from? Why would lowly Nottingham Forest be pushing for that?
Because we are a compassionate club?
RE: NFFC News/Banter None Transfer Related - Paplane - 07-03-2022
(07-03-2022, 07:44 PM)Tricky Wrote:(07-03-2022, 06:59 PM)Paplane Wrote:(07-03-2022, 05:42 PM)Sausage Roll Wrote: #nffc want the EFL to lobby FIFA so that players contracted to Russian clubs can walk away from those contracts and sign elsewhere. Forest don’t have specific Russian players they would like to sign, they say, but feel it is an important matter of principle. ~ Rob Dorsett.
Where the hell has that come from? Why would lowly Nottingham Forest be pushing for that?
Because we are a compassionate club?
I have no problem with the message Tricks, its just why has this (excellent) idea come from us? Ive not heard it mentioned anywhere else.
RE: NFFC News/Banter None Transfer Related - Tricky - 07-03-2022
(07-03-2022, 07:54 PM)Paplane Wrote:(07-03-2022, 07:44 PM)Tricky Wrote:(07-03-2022, 06:59 PM)Paplane Wrote:(07-03-2022, 05:42 PM)Sausage Roll Wrote: #nffc want the EFL to lobby FIFA so that players contracted to Russian clubs can walk away from those contracts and sign elsewhere. Forest don’t have specific Russian players they would like to sign, they say, but feel it is an important matter of principle. ~ Rob Dorsett.
Where the hell has that come from? Why would lowly Nottingham Forest be pushing for that?
Because we are a compassionate club?
I have no problem with the message Tricks, its just why has this (excellent) idea come from us? Ive not heard it mentioned anywhere else.
No idea TBH Pap. Maybe Nick Randall has raised it as a case in law or summat?
RE: NFFC News/Banter None Transfer Related - Paplane - 07-03-2022
(07-03-2022, 08:03 PM)Tricky Wrote:(07-03-2022, 07:54 PM)Paplane Wrote:(07-03-2022, 07:44 PM)Tricky Wrote:(07-03-2022, 06:59 PM)Paplane Wrote:(07-03-2022, 05:42 PM)Sausage Roll Wrote: #nffc want the EFL to lobby FIFA so that players contracted to Russian clubs can walk away from those contracts and sign elsewhere. Forest don’t have specific Russian players they would like to sign, they say, but feel it is an important matter of principle. ~ Rob Dorsett.
Where the hell has that come from? Why would lowly Nottingham Forest be pushing for that?
Because we are a compassionate club?
I have no problem with the message Tricks, its just why has this (excellent) idea come from us? Ive not heard it mentioned anywhere else.
No idea TBH Pap. Maybe Nick Randall has raised it as a case in law or summat?
That could be it Tricks.