http://www.bbc.co.uk/sport/0/football/26668154 Still think the rules will fail but it's refreshing to hear a tarn lad speaking out in favour.
Agreed, it will end up being ignored and the league won't have the balls to defend the legal challenge. That crook will get in at Leeds too.
If they get this up and running it will be marvellous but I reckon there is more chance of platting fog than that ever working or being adhered to.
Who knows, if they enforce it it may bring the stupid wages down and bring the fans back in touch with the players and the game. Will it bolox be enforced though. There are too many powerful people involved and football has a history of demonstrating it thinks it is above the law and the way every other business operates. Music, book and magazine sales are all struggling, but had the price of those increased at the same rate as attending football matches over the past twenty years, with musician, author and publishers wages rising at the same rates as footballers wages there would be no music, book or magazine industry left. Football match tickets and players' wages have at least quadrupled over twenty years and the attendances have fallen, yet it doesn't ring any alarm bells with the powers that be, because Old Trafford, Stamford Bridge, The Emirates, Anfield and The City of Manchester Stadium are full every week. I will laugh my socks off if the rule does get enforced though. How will 'Arry be able to make his slice if QPR have a transfer embargo? Easy, move to another bunch of mugs.
My understanding is that it's the losses, not debt, that are "supposed" to be limited. If the debt is serviceable by paying the interest, that's fine. Having said that, the rules won't stick anyway and even if they do clubs will just ignore them unless points deductions are brought in.
The punishment is a combination of fines and transfer embargos as far as I know. Supposedly. More detail here http://www.financialfairplay.co.uk/financial-fair-play-explained.php From the above the fines are only levied if the club gets promotion, otherwise it's just a transfer ban.
They've still been cheating mate, racking up huge debts, underwritten by their chairman. Exactly what the new rules are there to prevent. It's a bit like saying "Well I murdered alot of people before it was illegal. But now they've criminalised it, I think it's a bad thing and I'm not doing it anymore" Or summat. Just thought if I was the manager of a club with a £70m debt, I wouldn't be spouting off about Financial Fair Play.
Fairy Nuff. Maybe I'm looking at Mick through red tinted glasses. Agree with you that such debts are ludicrous and indicate cheating in the past, whether or not there were any rules against it.
To be fair to Mick I don't think he's exactly been on a spending spree since he took over the debris from the Roy Keane fiasco and before.
so exactly where will they draw the line between losses and debt. Or will this be managed by people like Wonga and Cash convertors?
I agree, a fine to some of these clubs is like a slap on the wrist. If they mean business then points deduction is the only way forward
I would have been too, because I was going to throttle Thrappo Tyke until you posted your tip of how to get to 2048!