FFP latest

[lymehoop]

Link pls lyme

yesterdays Mail, our mate Martin Samuel. Under the headline Forest farce shames EFL, the relevant part
''there has been no comment from the FL on news that Forest owner Evangelos Marinakis is to stand trial for match-fixing charges in Greece. They can hardly claim to be taken aback, Marinakis has been under investigation for several years now, certainly throughout the period when he was acquiring Forest. He, of course, denies the charges but even so_to allow a man under suspicion of match fixing to buy a football club hardly says much for the EFL's fit and proper persons' test. Indeed, it reveals everything about the League's governance priorities that they can on one hand pursue QPR for tens of millions for investing in their football club and on the other welcome an alleged match fixer into English football. The chaos around every Carabao Cup draw isn't the half of it, sadly''

[Jimmy Floyd Rabbit]

yesterdays Mail, our mate Martin Samuel. Under the headline Forest farce shames EFL, the relevant part
''there has been no comment from the FL on news that Forest owner Evangelos Marinakis is to stand trial for match-fixing charges in Greece. They can hardly claim to be taken aback, Marinakis has been under investigation for several years now, certainly throughout the period when he was acquiring Forest. He, of course, denies the charges but even so_to allow a man under suspicion of match fixing to buy a football club hardly says much for the EFL's fit and proper persons' test. Indeed, it reveals everything about the League's governance priorities that they can on one hand pursue QPR for tens of millions for investing in their football club and on the other welcome an alleged match fixer into English football. The chaos around every Carabao Cup draw isn't the half of it, sadly''

He makes a very valid point and yes who the fk allowed that fella to invest in forest? Fit and proper my ar5e

[e8 ranger]

In today's mirror:
Wolves have promised manager Nuno Espirito Santo "limitless" transfer funds to turn the club into Champions League contenders. (Mirror)

What is the difference to what Wolves are doing now to what we have done in the past? Surely they must be paying well above the clubs's means which is being funded by a rich benafactor..

[WeAreQPR12]

In today's mirror:
Wolves have promised manager Nuno Espirito Santo "limitless" transfer funds to turn the club into Champions League contenders. (Mirror)

What is the difference to what Wolves are doing now to what we have done in the past? Surely they must be paying well above the clubs's means which is being funded by a rich benafactor..

Totally agree. However when we broke the rules they were allot stricter. Apparently they're allot different allowing club to open the cheque book more, we've just been stitched up due to poor timing.

[e8 ranger]

Totally agree. However when we broke the rules they were allot stricter. Apparently they're allot different allowing club to open the cheque book more, we've just been stitched up due to poor timing.

so tony can get his cheque book out again if he wants??

[Dunraven]

so tony can get his cheque book out again if he wants??

Good point. Does what we spend now still impact on the past overspend we're being chased for? For instance, could Tony say we've planned for the worst case scenario on that should it come to it (or we're so confident of winning the appeal) that come January we're in a position to spend regardless...

[CroydonCaptainJack]

so tony can get his cheque book out again if he wants??

The Club (including Tony and Lee Hoos) have said they want us to be sustainable and self sufficient so I would say no.

[Olly]

Championship clubs were allowed to lose £8m per season on a rolling three year period. Now it's £39m over a rolling three year period. Even allowing for the revised up limit, we were still over, and are budgeting to stay in line from now on. If you're a club with bigger gate money and sponsors, you can spend more, but any club that incurs bigger 3 year losses will pay the penalty in the form of transfer embargoes, or fines if you get promoted. Wolves for example could run up a £39m loss in one season if they hadn't had a loss in the previous 2, and budget for none in the following 2.

[Tarbie]

Championship clubs were allowed to lose £8m per season on a rolling three year period. Now it's £39m over a rolling three year period. Even allowing for the revised up limit, we were still over, and are budgeting to stay in line from now on. If you're a club with bigger gate money and sponsors, you can spend more, but any club that incurs bigger 3 year losses will pay the penalty in the form of transfer embargoes, or fines if you get promoted. Wolves for example could run up a £39m loss in one season if they hadn't had a loss in the previous 2, and budget for none in the following 2.

I never realised that was the rule.

I'd bet there are a handful of Championship sides that will be sweating if they don't go up this year!

[Lord Charles]

so tony can get his cheque book out again if he wants??

Which would be hugely prejudial to the outcome of the current case.