NFFC Financial Talk

[Paplane]

If the new rules are based on a wages cap as a percentage of income then we'll never be able to compete with clubs already established at the top of the table. Its impossible.

[Sausage Roll]

If the new rules are based on a wages cap as a percentage of income then we'll never be able to compete with clubs already established at the top of the table. Its impossible.

And that's where the rules are totally unfair and stifle competition. 

Bournemouth, for example, are never going to generate £500m revenue a season. But if they've got an owner who can afford to do that and lay down some kind of bond to cover if anything should happen to them then why shouldn't they be allowed to do so?

[Paplane]

If the new rules are based on a wages cap as a percentage of income then we'll never be able to compete with clubs already established at the top of the table. Its impossible.

And that's where the rules are totally unfair and stifle competition. 

Bournemouth, for example, are never going to generate £500m revenue a season. But if they've got an owner who can afford to do that and lay down some kind of bond to cover if anything should happen to them then why shouldn't they be allowed to do so?

I guess the bond idea has never taken off because club owners dont want to be restricted by them.

[wassy04]

If the new rules are based on a wages cap as a percentage of income then we'll never be able to compete with clubs already established at the top of the table. Its impossible.

And that's where the rules are totally unfair and stifle competition. 

Bournemouth, for example, are never going to generate £500m revenue a season. But if they've got an owner who can afford to do that and lay down some kind of bond to cover if anything should happen to them then why shouldn't they be allowed to do so?

I guess the bond idea has never taken off because club owners dont want to be restricted by them.

If this was an option the bigger clubs with mega rich owners would just be able to spend even more. I don't know what the solution is but the current rules do appear to have finally had an impact this year. Girona top in Spain, Villa were briefly top, Bayern not top. 

The rules are hard to follow for a club like us but you could argue that why should a club like Forest be able to spend unlimited just because we got lucky to find a billionaire owner? What about a club like Palace or Brighton or whoever that don't have that super rich and generous owner? Is that fair.

[wassy04]

Newcastle is a great test, it must be frustrating for their owners not being able to spend their unlimited wealth but would it be good for the league if they could?

[ozzyten10]

No but to be in breach after 1 year on a 3 year accounting period is comparing apples to pears. It’s just wholly unfair. Also forest can demonstrate good business principles in delaying the sale of Brennan Johnson To be punished for waiting to get a fair price seems madness.
Someone though has dropped an almighty bollock somewhere.

[wassy04]

On another note, it's insane that you can get points penalties for breaching but that the actual penalty thresholds are not defined. Why haven't they just got a set structure?

[wassy04]

No but to be in breach after 1 year on a 3 year accounting period is comparing apples to pears. It’s just wholly unfair. Also forest can demonstrate good business principles in delaying the sale of Brennan Johnson  To be punished for waiting to get a fair price seems madness.
Someone though has dropped an almighty bollock somewhere.

That's an obvious flaw in the rules but the Brennan thing is a loophole anyway. When the rules were set up transfer window opened 1st July so it wouldn't have been possible. Its more of a backstop but the argument is that if we believed we were going to fail we should've sold him in January if we thought we couldn't get good value.

Also, the fact is we were on the limit in the championship too. In fact we'd have quite possibly failed last year if we'd not gone up. Although ironically we would've had the same option to sell Brennan which presumably we would've done.

[ozzyten10]

Exactly - the current rules are not actually serving young academy talent very well. It is in fact making them become commodities and is in danger of causing issues in their development.
Trust us to get done over.

[wassy04]

Exactly - the current rules are not actually serving young academy talent very well. It is in fact making them become commodities and is in danger of causing issues in their development.
Trust us to get done over.

Yeah the current academy rules are much worse and the parachute payments are so distorting the league meaning that it is very difficult for a team coming up as they will be stretched thin already. I agree on that, the rules don't work very well in this regard.

Better redistribution of wealth would be best for all clubs (apart from a small handful at the very top)

Look at the NFL, you can go from being the 2nd worst team for two years in a row, to winning in the playoffs the following year. I'm aware relegation confuses this but it does show that when income is redistributed you get a much better and more.enjoyable product. Hopefully a regulator would force this outcome.

[Sausage Roll]

Exactly - the current rules are not actually serving young academy talent very well. It is in fact making them become commodities and is in danger of causing issues in their development.
Trust us to get done over.

Yeah the current academy rules are much worse and the parachute payments are so distorting the league meaning that it is very difficult for a team coming up as they will be stretched thin already. I agree on that, the rules don't work very well in this regard.

Better redistribution of wealth would be best for all clubs (apart from a small handful at the very top)

Look at the NFL, you can go from being the 2nd worst team for two years in a row, to winning in the playoffs the following year. I'm aware relegation confuses this but it does show that when income is redistributed you get a much better and more.enjoyable product. Hopefully a regulator would force this outcome.

Far easier with the NFL existing in only one country though. Anything that levels the playing field in the Premier League would weaken English clubs vs. overseas ones. And hell will freeze over before anything like a global salary cap or something is introduced.

[Magictorch]

Need to leave the club to respond to the charge if it’s true and put forward their mitigation and try to achieve the best penalty we can.

Our job is to get behind the club, manager and players to make sure we get as many points as possible and stay up regardless of the penalty we get.

There’ll be time for the who’s to blame game at the end of the season.