Demitri_C Posted January 5, 2019 Share Posted January 5, 2019 Link to comment Share on other sites More sharing options...
leighavfc Posted January 5, 2019 Share Posted January 5, 2019 Piece in the Mirror saying we may sell training ground to owners property business, and then use money to pump into club as a way round ffp. Would certainly explain why the board dont seem to fussed by it. Saying selling Jack would be another way to help (obviously). Link to comment Share on other sites More sharing options...
Demitri_C Posted January 5, 2019 Share Posted January 5, 2019 12 minutes ago, leighavfc said: Piece in the Mirror saying we may sell training ground to owners property business, and then use money to pump into club as a way round ffp. Would certainly explain why the board dont seem to fussed by it. Saying selling Jack would be another way to help (obviously). Thats good but how much can we do that for in all honestly? If the clubs worth about 80m we can't sell the training ground for like 30m Link to comment Share on other sites More sharing options...
leighavfc Posted January 5, 2019 Share Posted January 5, 2019 9 minutes ago, Demitri_C said: Thats good but how much can we do that for in all honestly? If the clubs worth about 80m we can't sell the training ground for like 30m Havent a clue, i suppose it depends on how much were gonna be over by. As you say it cant be for anything ridiculous though. They are either totally gambling on going up or they know a way out or round it like this article suggests. Looks like we will be spending money again this window, cant see how this is possible without a way out..surely we will massively breach in March? Link to comment Share on other sites More sharing options...
KHV Posted January 6, 2019 Share Posted January 6, 2019 We are ruined without promotion I suggest we all buckle up for an extremely bumpy ride for the 2019/20 season and beyond. Scream if you want to go faster.......... Link to comment Share on other sites More sharing options...
Jareth Posted January 6, 2019 Share Posted January 6, 2019 8 hours ago, KHV said: We are ruined without promotion I suggest we all buckle up for an extremely bumpy ride for the 2019/20 season and beyond. Scream if you want to go faster.......... Truth is, we could be. Certainly it turned out to be the case with Dr Tony. All that said, I'm confident everything is in hand - cos Purslow (architect of FFP). Link to comment Share on other sites More sharing options...
mattyvilla Posted January 6, 2019 Share Posted January 6, 2019 It could well be that we have simply been lied to by the owners yet again and they havent sorted FFP as they seem to suggest Link to comment Share on other sites More sharing options...
jim Posted January 6, 2019 Share Posted January 6, 2019 15 minutes ago, mattyvilla said: It could well be that we have simply been lied to by the owners yet again and they havent sorted FFP as they seem to suggest My personal opion is they aren’t thinking about any scenario other than promotion. Link to comment Share on other sites More sharing options...
Demitri_C Posted January 6, 2019 Share Posted January 6, 2019 25 minutes ago, jim said: My personal opion is they aren’t thinking about any scenario other than promotion. If that's the case then god help us next season. 1 Link to comment Share on other sites More sharing options...
Popular Post DaveAV1 Posted January 6, 2019 Popular Post Share Posted January 6, 2019 I can’t imagine that clued up and extremely wealthy owners like ours didn’t take a serious look into ffp before they stepped in. The fact that they have now employed a CEO who was one of the architects of the ffp rules lends weight to the argument that they have a proper plan. I would further suggest that Christian Purslow would never have accepted the role to oversee a club that sits in the Championship for years. Why would he? Just a few months ago the club was in an awful mess, the kind of mess that requires money, nous and time to get out of. Lerner was rich only because of his Father’s money, he had a very simplistic plan but no idea how to carry it out. Like many rich kids he lost interest as soon as the going got tough. Xia was a foolish charlatan who gambled recklessly and should probably be in jail. He had neither money or nous. The mess we landed in is the fault of these two clowns. Somehow we seem to have landed on our feet. There’s no magic wand, it will take time in the boardroom as it will on the training ground before we see what ultimately we want, success on the pitch. They will all need patience and support, which is our job. 9 Link to comment Share on other sites More sharing options...
Villarocker Posted January 6, 2019 Share Posted January 6, 2019 Didn't Purslow recently state that we are financially stable? I'm guessing that had nothing to do with ffp then? If that's the case, surely we will be royally fooked at the end of the season if not promoted? I hope that the current powers-that-be at the club know exactly what they're doing and aren't just repeating the same mistakes of the last two owners. Link to comment Share on other sites More sharing options...
GENTLEMAN Posted January 6, 2019 Share Posted January 6, 2019 I don’t think Neil Moxley has a full understanding of the situation, either way. 3 Link to comment Share on other sites More sharing options...
Jareth Posted January 6, 2019 Share Posted January 6, 2019 15 minutes ago, GENTLEMAN said: I don’t think Neil Moxley has a full understanding of the situation, either way. I think we can add every other journo to that. We should probably ask Matt CockWomble Scott, he'll know. 1 Link to comment Share on other sites More sharing options...
Guest av1 Posted January 6, 2019 Share Posted January 6, 2019 11 hours ago, Demitri_C said: So we either get round FFP or we sell a asset? Real ground-breaking stuff from Mr Moxley there. Link to comment Share on other sites More sharing options...
Zatman Posted January 6, 2019 Share Posted January 6, 2019 16 minutes ago, Jareth said: I think we can add every other journo to that. We should probably ask Matt CockWomble Scott, he'll know. He was right about Dr.Fraud Link to comment Share on other sites More sharing options...
Jareth Posted January 6, 2019 Share Posted January 6, 2019 7 minutes ago, Zatman said: He was right about Dr.Fraud Thanks to Wyness. Link to comment Share on other sites More sharing options...
BleedClaretAndBlue Posted January 6, 2019 Share Posted January 6, 2019 Purslow has gone on the record to say we wont be in the messy stuff if we fail with promotion again this season. That being said I think its clear the wage structure will be reduced significantly and we'll obviously lose the very few decent players we have, maybe that was factored into Dean Smiths appointment, a manager who knows how to work within a budget. And who knows, maybe thats exactly what this club needs instead of paying poor players far too much for very little return in this division. So many bad choices made at the club by previous people in positions of power, we probably deserve what may or may not be coming our way. Reckless. But im sure the people we have in place atm are the right ones to clean this almighty mess. Just going to take a few years. Link to comment Share on other sites More sharing options...
Pimlico_Villa Posted January 6, 2019 Share Posted January 6, 2019 I think the EFL, who have the discretion here, need to tread very carefully. Any punishment they apply to teams breaching FFP will act as a precedent, and if it was applied to the letter of the law then I think almost every team in the League would be vulnerable. They should take a common sense approach. The philosophy (apart from protecting the top Clubs) is essentially to ensure that Clubs don’t run themselves into the ground. We are a very well capitalised Club that can sustain these losses (which, BTW, are predominantly only technical losses in Accounting terms, not actual cash losses) because of our Owners and face no existential risk because of that. If it came to scrutiny, we’d be able to demonstrate this clearly. I also think FFP will increasingly face more and more criticism to the point where they will have to revise the restrictions on Owners investing capital into Clubs. There is just no way that the current restrictions are fair and are clearly designed to stop Clubs breaking into the upper echelons by virtue of having wealthy owners. Legally, as well, I think FFP is built on very fragile ground. Our owners, Wes in particular, are incredibly astute, commercially (I’ve worked with Fortress before and they are KILLERS!) so I’m really not worried about FFP. 3 Link to comment Share on other sites More sharing options...
TRO Posted January 6, 2019 Share Posted January 6, 2019 I think paying these big wages is simply not working, there is no hunger being shown. need to reformat. Link to comment Share on other sites More sharing options...
TRO Posted January 6, 2019 Share Posted January 6, 2019 10 minutes ago, Pimlico_Villa said: I think the EFL, who have the discretion here, need to tread very carefully. Any punishment they apply to teams breaching FFP will act as a precedent, and if it was applied to the letter of the law then I think almost every team in the League would be vulnerable. They should take a common sense approach. The philosophy (apart from protecting the top Clubs) is essentially to ensure that Clubs don’t run themselves into the ground. We are a very well capitalised Club that can sustain these losses (which, BTW, are predominantly only technical losses in Accounting terms, not actual cash losses) because of our Owners and face no existential risk because of that. If it came to scrutiny, we’d be able to demonstrate this clearly. I also think FFP will increasingly face more and more criticism to the point where they will have to revise the restrictions on Owners investing capital into Clubs. There is just no way that the current restrictions are fair and are clearly designed to stop Clubs breaking into the upper echelons by virtue of having wealthy owners. Legally, as well, I think FFP is built on very fragile ground. Our owners, Wes in particular, are incredibly astute, commercially (I’ve worked with Fortress before and they are KILLERS!) so I’m really not worried about FFP. My main worry, is that we have demonstrated very little evidence over the years that spending money on players is our forte. We seem dim, when it comes to getting value out of transfers( a few exceptions) I cringe when ever we are poised to splash out...it rarely comes with value for money. Kodjia, MCormack, Hogan are recent examples.....Kodj not quite so much. 1 Link to comment Share on other sites More sharing options...
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