brasil_spur
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Pre 60s the game wasn't global.
Put in a higher wage cap and all that will happen is players will move abroad. Can't see the likes of Saudi and even MLS giving two fucks about a wage cap.
Financial Fair Play (general thread)
- Thread starter GMI
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Put in a higher wage cap and all that will happen is players will move abroad. Can't see the likes of Saudi and even MLS giving two fucks about a wage cap.
SirHarryHotspur
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It was a tongue in cheek sort of remark about maximum wage and something which would never happen now but did make for an even playing field pre 1960's .
The proposals are a sort of spending cap which the majority of clubs will find no difficulty in complying with but clubs like Everton & Villa who have 90% and over wage to revenue ratios will have to economise somewhere unless they can increase revenue.
The European Club Finance and Investment Landscape
This report is the second of two produced during this season where UEFA’s Intelligence Centre explores and analyses the European football landscape and documents the successes and challenges of European club football.
ecfil.uefa.com
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Westmorlandspur
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Spain have a salary cap. Top players will not be going to MLS and Saudi, not now they know what Saudi is like. The odd one will still go Let’s hope it’s Ndombele.
brasil_spur
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Spain have some of the strictest rules in this regard, but their current salary cap means that Real Madrid can spend €727m on player salaries this year.
Man City, for example, only just broke through €450m salary spend at the end of last year, so there would have plenty of room for more spending if the PL implemented a similarly strict process.
There's also the fact that City, and other clubs, will find increasingly more ways of making their books look better to increase these limits.
If we go with something more radical like a 1960's version of salary caps, then I can see a lot of players moving abroad, maybe not all of them, but enough of them will want the money over the prestige.
By the way I'm not adverse to the idea of salary caps if done properly, but I think the current FFP rules being bought into the PL are sufficient - they just need to be followed up on with punishments, as we're now starting to see happen.
Villa release their latest figures. £119.6m loss, wages £194.2m of a turnover of £217.7m!!!!! Wages up almost 50% from the previous season
www.bbc.co.uk
Aston Villa report almost £120m losses in one season
Aston Villa report a loss of £119.6m in their latest accounts up to 31 May 2023.
www.bbc.co.uk
SirHarryHotspur
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Villa will need Euro football next season to boost revenue, in financial terms even Conference League is more valuable than FA or League cup progress.
hughy
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Wages will rise considerably if they get CL football next season also, whether it be by clauses in existing contracts or new signings.Villa release their latest figures. £119.6m loss, wages £194.2m of a turnover of £217.7m!!!!! Wages up almost 50% from the previous season
Aston Villa report almost £120m losses in one season
Aston Villa report a loss of £119.6m in their latest accounts up to 31 May 2023.
Villa Talk seem surprisingly calm about the situation.
chas vs dave
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They were calm when randy Lerner had them in the top 6.
Everything we know about Aston Villa's accounts - FFP, record losses and PSR
Latest Aston Villa news as the latest club accounts revealed a big loss but club say they continue to operate within the Premier League's PSR
www.football.london
Interesting take from Former chief executive Christian Purslow (both Liverpool and Villa) Basically saying if a club is taken over they should be allowed to spend what they want. Like life in general these days everything has to be instant. We've had to be very patient to allow Danny boy to build this club from the ground up over the last 20 odd years, it can be done. Seems like no other club has the vision or patience to do the same and will simply cry wolf about having financial restrictions. FUCK THEM ALL
jurgen
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Purslow: “I don't think any reasonable football fan thinks Newcastle's or Manchester City's owners have been bad for football.” Moron.
Only point of his I can maybe agree on is that the homegrown player profit premium encourages selling them, which is a little counterintuitive, but then again maybe use those players rather than spunking money around all over the shop on new ones
Only point of his I can maybe agree on is that the homegrown player profit premium encourages selling them, which is a little counterintuitive, but then again maybe use those players rather than spunking money around all over the shop on new ones
Westmorlandspur
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But the revenue won’t be in the next set of accounts. They will be jun 2023 to jun 2024. No CL money in that.
i see Villa having to sell someone for a big fee
SirHarryHotspur
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Another club like Everton & Villa paying out large wage bills to players and not charging high enough ticket prices in relation to the wage bill. They rely too much on broadcasting rights and income from PL finishing position plus commercial income.
Gate receipts £15.1 million, total revenue £168.5 million, wage bill £141.5 million any other business working like that would collapse.
Its crazy the amounts of money Everton, Villa, Wolves and Newcastle pay in wages. The idiots in charge of handing out contracts need sacking. Any other limited company director would be held accountable in any other industry
SirHarryHotspur
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If the salaries given on Capology can be believed , the wage bill of four Wolves employees , Sarabia, Semedo, Hwang & Cunha totals £15.4 million so that's the gate money paid out to just four people.
Clubs need to keep a check on spending but the problem is then they cannot compete with the clubs that can afford huge wage bills.
Saoirse
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- Aug 20, 2013
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Opta give Villa a 90% chance of being in the Champions League next season, whether by finishing in the Top 4 or by coming 5th with England getting an extra spot. As long as they don't then spend heavily again in the summer, they'll be more than fine. It's a gamble which on this occasion looks like it's going to pay off for them.
razor1981
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Their squad cost ratio is about 150% at the moment. Even with extra CL revenue, they're going to have a hard time getting that under 80% to meet UEFA's FFP requirements for next season.
rossdapep
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Newcastle probably thought the same
ukdy
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For those keeping tabs.. looks like Leicester are in a big spot of bother. Accounts due to be published this month should show they breached Premier League PSR, and have until June to do something so they don't breach the EFL rules.
The PL have an agreement with the EFL to apply down sanctions, but I think Leicester might be exempt due to when the agreement came in. However should they return having broken the rules, it's big fine and an Everton sized points deduction, as Leicester look to have been malicious in their breach, to spend more before departing the PL, so they got back ASAP.
www.telegraph.co.uk
www.theguardian.com
www.mirror.co.uk
The PL have an agreement with the EFL to apply down sanctions, but I think Leicester might be exempt due to when the agreement came in. However should they return having broken the rules, it's big fine and an Everton sized points deduction, as Leicester look to have been malicious in their breach, to spend more before departing the PL, so they got back ASAP.
Leicester could delay any points deduction until after promotion to Premier League
Championship club hope any punishment can be delayed until next season when they aim to be in the Premier League
www.telegraph.co.uk
Leicester at risk of breaching EFL profit and sustainability regulations
Leicester City are at risk of breaking the EFL’s profit and sustainability regulations, raising concerns about a possible points deduction
www.theguardian.com
Leicester City facing immediate punishment if they earn Premier League promotion
The Foxes are flying high at the top of the Championship table and look odds on for promotion - but Enzo Maresca's side could be dealt a significant blow on their return to the top flight
www.mirror.co.uk
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