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Post by lulworthgas on Feb 20, 2016 21:38:47 GMT
And if so, for how long. Sure the likes of fleetwood, And Crawley managed to promote in quick succession was because they got a couple of years as a newly promoted non league team to get their house in order.
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Post by BlueQuarter on Feb 21, 2016 0:02:09 GMT
As a Football League club we're not exempt from FFP and could face a transfer embargo for breaching it.
L1 and L2 have a wage cap system. L2 clubs can spend up to 55% of turnover on the wage bill (rising to 60% at L1). Transfer fees are not included - wages only. Unlike in the PL and Championship, 'turnover' at L1 and L2 can include capital being poured in by the owner.
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Post by gasincider on Feb 21, 2016 0:06:20 GMT
From memory wasn't our turnover over £3m and we have a budget of £800,000 so plenty of room there. About another £865,000 there if my memory hasn't crashed.
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Post by long john silver on Feb 21, 2016 0:11:38 GMT
owners are allowed to give money to the club as a gift to write off debts, transfer fees, running costs e.c.t like what lansdown has done at city. the only way FFP will effect us is with players wages but even then we will still have a very decent playing budget that reflects the amount of fans we get through the gate.
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Post by Deleted on Feb 21, 2016 0:39:24 GMT
They're not comparable situations, but you only have to look at how the likes of Fleetwood get away with their spending to know there are ways around FFP - scandalous.
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Post by supergas on Feb 21, 2016 2:19:48 GMT
As a Football League club we're not exempt from FFP and could face a transfer embargo for breaching it. L1 and L2 have a wage cap system. L2 clubs can spend up to 55% of turnover on the wage bill (rising to 60% at L1). Transfer fees are not included - wages only. Unlike in the PL and Championship, 'turnover' at L1 and L2 can include capital being poured in by the owner. Isn't it waived in the first two seasons for clubs who have been promoted from the Conference...? |
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Post by grayraydon on Feb 21, 2016 8:10:48 GMT
I'm sure I was told or read last season that any team coming up from the conference has a two year 'settling in period' where FFP rules don't apply, this is why as you've said we've seen a lot of double promotions involving teams who come up from the conf. and then why they struggle so much two years later in Lge 1.
Edit : But after having a quick look around can't seem to find anything out about this rule.
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Post by Hugo the Elder on Feb 21, 2016 8:30:06 GMT
A litle brass plaque that reads "this toilet is brought to you by 4 seasons hotel Jodan.
1m quid sponsor deal. Job done.
FFP is a Dam joke.
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Post by Severncider on Feb 21, 2016 9:28:39 GMT
There is nothing to stop, for example, next season shirt sponsorship raking in £1m for a three year deal - AJIB? (we currently get about £100k each season).
That boosts turnover and is totally legit. You can also arrange for The Mem to have a name, The Dyson Memorial Stadium for the last twelve months. I would not say no if it raked in £100k+
We need to boost the turnover value without selling our sole, as much as possible before moving to UWE. |
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Post by Severncider on Feb 21, 2016 9:31:14 GMT
As a Football League club we're not exempt from FFP and could face a transfer embargo for breaching it. L1 and L2 have a wage cap system. L2 clubs can spend up to 55% of turnover on the wage bill (rising to 60% at L1). Transfer fees are not included - wages only. Unlike in the PL and Championship, 'turnover' at L1 and L2 can include capital being poured in by the owner. Isn't it waived in the first two seasons for clubs who have been promoted from the Conference...? Surely Toni would have known about that, he was the Financial Director  |
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Post by Antonio Fargas on Feb 21, 2016 9:44:52 GMT
There is nothing to stop, for example, next season shirt sponsorship raking in £1m for a three year deal - AJIB? (we currently get about £100k each season).
That boosts turnover and is totally legit. You can also arrange for The Mem to have a name, The Dyson Memorial Stadium for the last twelve months. I would not say no if it raked in £100k+
Open goal, mate. |
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Post by Severncider on Feb 21, 2016 9:48:32 GMT
There is nothing to stop, for example, next season shirt sponsorship raking in £1m for a three year deal - AJIB? (we currently get about £100k each season).
That boosts turnover and is totally legit. You can also arrange for The Mem to have a name, The Dyson Memorial Stadium for the last twelve months. I would not say no if it raked in £100k+
Open goal, mate. I knew exactly what I was saying when I wrote it.
Was awaiting for all the witty comments and how quick they would appear on a Sunday morning.
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Post by Topper Gas on Feb 21, 2016 10:04:09 GMT
Is throwing a £1m club in sponsorship evolution or revolution though? Just a thought but if the new owners give the club say £5m for future stadium development is that turnover as far as the FFP is concerned?
Although I agree newly promoted teams are apparently exempt, I assume on the basis a Conference side is usually unlike to compete financially with Div 2 side in thier first season in the league, whilst they build up sponsorship etc?
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Post by Deleted on Feb 21, 2016 14:39:59 GMT
As a Football League club we're not exempt from FFP and could face a transfer embargo for breaching it. L1 and L2 have a wage cap system. L2 clubs can spend up to 55% of turnover on the wage bill (rising to 60% at L1). Transfer fees are not included - wages only. Unlike in the PL and Championship, 'turnover' at L1 and L2 can include capital being poured in by the owner. Isn't it waived in the first two seasons for clubs who have been promoted from the Conference...? I think it is waived for 2 years every time you change divisions either up or down |
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Post by thegasman on Feb 22, 2016 13:10:57 GMT
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Post by Topper Gas on Feb 22, 2016 14:31:07 GMT
That still doesn't answer the question on whether it applies to newly promoted sides? |
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Post by BlueQuarter on Feb 22, 2016 15:11:17 GMT
I can't find any confirmation of the two year exemption. I don't think it's an issue for us given our existing revenues, though Twentyman did ask Steve Hamer about FFP on Friday night.
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Post by CrispPusher on Feb 22, 2016 15:59:20 GMT
As SCMP relates to player wages only, I don't see any reason why we should need to bend the rules to be competitive in this division and possibly even the one above in relation to Rovers' attendances. I'd personally rather not see Rovers return to paying crazy wages to players to the extent we saw under Higgs and his managers, ending only when BRFC dropped out of the Football League.
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Post by BishopstonBRFC on Feb 22, 2016 17:07:05 GMT
As SCMP relates to player wages only, I don't see any reason why we should need to bend the rules to be competitive in this division and possibly even the one above in relation to Rovers' attendances. I'd personally rather not see Rovers return to paying crazy wages to players to the extent we saw under Higgs and his managers, ending only when BRFC dropped out of the Football League. This is something that concerns me as well. I fail to see how we are going to avoid such situations as we will be held to ransom by greedy agents. Hopefully potential signings would see us as a great opportunity rather than just a way of bleeding us dry. |
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Post by Dirt Dogg on Feb 22, 2016 17:38:32 GMT
Soooo basically it doesn't apply to us for another season and we can absolutely destroy this league next season using our new found wealth to sign washed up Prem players?
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