New FFP Rules/Salary Cap

[Ratkiller]

Of course, that leaves the clubs with the big commercial revenues in good shape as it clears the decks of any competition for signatures that could ramp up their own costs. Their wage bill would presumably come down over time (unless the Bundesliga, for example, started to compete on wages).

It has the feel of a drawbridge being pulled up.

Scudamore is a reptile - probably the most repugnant man in football.

And we voted for it. Knowing full well we have no way of increasing revenue due to the stadium and the kitbag and Sodexo deals.

It's like turkeys voting for Christmas.

Gives bill a get out clause on transfers though as all losses over £5 million have to be guaranteed against the owners assets.

 

[davek]

And we voted for it. Knowing full well we have no way of increasing revenue due to the stadium and the kitbag and Sodexo deals.

It's like turkeys voting for Christmas.

Gives bill a get out clause on transfers though as all losses over £5 million have to be guaranteed against the owners assets.

Being able to point to PL rules to 'explain' why we aren't bringing in players will be a relief for them...

 

[LTblue]

Anything like this can only be good for English football long-term.

 

[ROMANS55]

This is just a cursory nod to society, the disgust shown by everyone towards the fat cat bankers is now falling on clubs paying massive wages to players. No one will adhere to it, it's not a salary cap which is what's required. Citeh will still con their way out of it by the owner renaming the stadium, and getting an 'endorsement' deal which is actually him just bank rolling the club. The rich clubs will get richer and in turn get all the best players, even more so than now. Then eventually the TV and clubs will want all the big european clubs together in a super league

 

[Lee Smith]

Nobody voted against.

All 20 Clubs voted yes.

I thought a few voted against? That's the impression I got listening to David Gold being interviewed leaving the meeting anyway.

 

[Librarian]

Well a good starting point would be a mandatory relegation clause in ALL Prem players contracts, whereby salary automatically reflects the new income of the Championship.

 

[efcfanwirral]

Would you stop supporting Everton?

Do you think Leeds, West Ham, Spurs, Villa, Newcastle, Sunderland, Forest, Derby fans etc would jib their clubs in favour of Utd and Chelsea? or do you think the remaining clubs would get their act together drop prices to attract bigger crowds, create standing areas do a deal with the BBC reinvigorate the local team ethos and attack the satellite tv monopoly?

Another thread bemoans the lack of atmosphere at GP a comment applicable to every other club in the prem. A fight on this scale having a common enemy would revive football;

Among the great majority the words "fck 'em" would reverberate as new domestic leagues evolved the same would happen throughout europe.

If you were Utd, Chelsea and Liverpool would you be confident the rest would lie down and die? - that's the real reason it hasn't happened.

Not saying I wouldn't support everton, just that there wouldn't be an everton to support! The business realities of what is left after a euro superleague would put us out of business.

And we voted for it. Knowing full well we have no way of increasing revenue due to the stadium and the kitbag and Sodexo deals.

It's like turkeys voting for Christmas.

Gives bill a get out clause on transfers though as all losses over £5 million have to be guaranteed against the owners assets.

As above, we're screwed without the big teams so there's nothing we can do really

 

[Coach]

From the BBC

Any club making a loss of above £5m a year will have to guarantee those losses against the owner's assets, which should help prevent the situations that afflicted Leeds and Portsmouth.

 

[nigelcoyb]

Not saying I wouldn't support everton, just that there wouldn't be an everton to support! The business realities of what is left after a euro superleague would put us out of business.



As above, we're screwed without the big teams so there's nothing we can do really

Read what I wrote again then tell me why that or similar wouldn't happen.

The idea the vast majority of football clubs and hence the vast majority of football fans would simply stand on the side lines applauding as a few "tourist" clubs attempted to put them out of business is to not understand business and what a true fan is about.

 

[kenada_blue]

Of course all the clubs aren't going to say no to this. Anything that stops them spending a few bob so it can go into increasing their profit it all good for them.

 

[davek]

Of course all the clubs aren't going to say no to this. Anything that stops them spending a few bob so it can go into increasing their profit it all good for them.

It'll certainly help them in terms of channeling cash toward paying down debt, which is obviously a concern addressed by this ruling if it's enforced. But it'll be at the expense of competition, I think. There'll be no more 'second tier' clubs bringing in very decent players on high wages looking to crack on. And that'll lead to a concentration of talent and therefore even more the financial elite will be the only ones capable of mounting a challenge for a European place and there'd be even less chance of extended cup runs by these outside the elite. My initial reaction is that this is a massive setback for a club like us in terms of pushing forward, even though the beancounters at the club may well see the benefits. What it means for a takeover is unclear.

 

[Foot Long Hot Dog]

Football was being forced to self regulate by both commerical necessity & recent Govt pressure to sort it themselves before the Govt sorted it for them.

These regulations are a good starting point, they don't go far enough imo, but they had to start somewhere. These regulations will not preclude a Billionaire coming into the game & spunking a fortune on his chosen club, it just limits the level of the over spend to £105M over 3 years, so it's hardly draconian. It would however, prevent another City happening, which in my book is a positive, as City's spending had an inflationary effect across the PL.

The most important aspect is that it limits wage inflation to £4M next year, which given the additional £25M arriving in every PL clubs coffers due to the new TV deal, will stop the clamour of agents demanding that this cash filters straight into their clients bank accounts.

I don't understand why Evertonians see this as a negative issue for our club, as what it will do, is force the club to concentrate it's efforts on the commercial opportunities that we're currently not maximising & at the same time put league rules behind our already dire need to control our wage bill.

 

[davek]

Football was being forced to self regulate by both commerical necessity & recent Govt pressure to sort it themselves before the Govt sorted it for them.

These regulations are a good starting point, they don't go far enough imo, but they had to start somewhere. These regulations will not preclude a Billionaire coming into the game & spunking a fortune on his chosen club, it just limits the level of the over spend to £105M over 3 years, so it's hardly draconian. It would however, prevent another City happening, which in my book is a positive, as City's spending had an inflationary effect across the PL.

The most important aspect is that it limits wage inflation to £4M next year, which given the additional £25M arriving in every PL clubs coffers due to the new TV deal, will stop the clamour of agents demanding that this cash filters straight into their clients bank accounts.

I don't understand why Evertonians see this as a negative issue for our club, as what it will do, is force the club to concentrate it's efforts on the commercial opportunities that we're currently not maximising & at the same time put league rules behind our already dire need to control our wage bill.

That only applies to clubs limiting themselves to PL competition. A club looking to play in UEFA competition will be facing far more 'stringent' overspend rules.

 

[Essex Blue]

Was thinking that it is a shame that the proposed new Park End development failed.

If you can't spend the new TV money on wages then spend it on IMPROVING GOODISON so that revenue is increased.

 

[Foot Long Hot Dog]

That only applies to clubs limiting themselves to PL competition. A club looking to play in UEFA competition will be facing far more 'stringent' overspend rules.

Yeah true Dave, but it wouldn't stop a Billionaire taking over a 'second tier' PL club & spending his money as he wishes for 3 years, as the UEFA regulations have a 3 year total overspend limit as well.So it wouldn't affect his club if they didn't qualify for European competition until year 2.