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General Premier League Thread 2022-23 - mod note in OP 12/03/23

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Comments

  • Registered Users, Registered Users 2 Posts: 216 ✭✭BobDole22


    They lost money the year before as well now(92 million I think) so did everyone else because of COVID but its 2 seasons in a row with massive losses they must be sailing close to the wind in terms of FFP.



  • Registered Users, Registered Users 2 Posts: 61,272 ✭✭✭✭Agent Coulson


    West Ham have hired Mark Noble as there new Sporting Director.



  • Registered Users, Registered Users 2 Posts: 16,662 ✭✭✭✭Fitz*


    Man United might spend an obscene amount of money, but to be fair, it's their own money. They generate it because of their success between 1990 - to 2015 give or take. Also they had a massive stadium before that to give them the cash. You'd trust the figures they put out.

    They might have lower amounts of cash to spend in the future when they are not as successful and sponsorships amounts lower, but that hasn't happened yet.

    There's a few clubs who outspend everyone else, and should be looked at closer, but I don't think Man United are one. They can be criticized on how they spend it, but not how they source it.



  • Registered Users, Registered Users 2 Posts: 7,219 ✭✭✭theoneeyedman


    Even the City apologists are losing interest, only one half hearted defence 2 days after the latest financial doping story, and even that is a classic 'whataboutery' defence pointing the fingers at United'S spending.

    The heart is being ripped out of the game.....



  • Registered Users, Registered Users 2 Posts: 216 ✭✭BobDole22


    Those are 2 separate issues though like everyone knows Man Utd earn their own money and massive amounts of it unlike City's sugar daddy money but they lost 92 million 2 seasons ago and 115.5 last season why are hemorrhaging money? FFP says you can only lose 105 over 3 years they've lost 207.5 in 2 years.

    Maybe I'm missing something here maybe it's not a big deal that Man utd are recording such losses but my untrained eye they look disastrous.



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  • Registered Users, Registered Users 2 Posts: 13,858 ✭✭✭✭ArmaniJeanss


    There's a mistake in your maths as it seems you are taking their loss as reported to the stock exchange (i.e., their official filed accounts) and assuming that's the figure which is used for FFP. That's wrong.

    If for example they invested £XM in the women's team, £YM in the youth team & £ZM in a new training ground, then all those will be a negative on the official balance sheet obviously. But for FFP purposes these are ignored so the actual FFP figure will be that £115m-Xm-Ym-Zm. There's lot of other forms of expenditure which don't count in FFP but would matter in a set of accounts.

    I think there is also some workaround such that the 'Covid years' losses are weighted down for FFP, possibly as much as 50%.



  • Posts: 45,738 ✭✭✭✭ [Deleted User]


    Utd aren't financial cheats. City are.

    That's the difference.



  • Registered Users, Registered Users 2 Posts: 216 ✭✭BobDole22


    Thanks for the explanation I appreciate it that makes more sense alright. I still think are a huge questions to be asked as to how Manchester United are posting such losses I know the Glazers are dipping the till but I don't think that explains all of it. Is there any way to find out losses for FFP purposes?



  • Registered Users, Registered Users 2 Posts: 216 ✭✭BobDole22


    Separate issues though Man City's accounts are very healthy(we all know where the money really comes from) Man Utd's are not. Leicester lost 119 million last year and are in meltdown Man Utd lost 115.5 and it is business as usual.



  • Moderators, Sports Moderators Posts: 12,913 Mod ✭✭✭✭Cookiemunster


    Utds turnover is nearly £600m. Leicesters is around £210m. Utd are a far more valuable club with much larger revenue streams, so it's much easier to absorb the loss.

    Also it's completely wrong to say it's business as usual at Utd. Players wages this season have reduced by 25% for not being in the CL. And transfer business in the next two windows will be well below the last window, with the likelihood that no business will be done in the January window.



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  • Registered Users, Registered Users 2 Posts: 16,662 ✭✭✭✭Fitz*


    They are lucky that the wage bill reduced. They had the largest wage bill in PL history last season, and nothing to show for it.



  • Registered Users, Registered Users 2 Posts: 48,320 ✭✭✭✭Mitch Connor


    IMO FFP should be used to ensure clubs don't go under by spending more than they can afford to service.

    But if the City owner wants to give City 1billion as a gift or whatever, so there is no debt burden placed on the club to pay it back, I genuinely can't see why they should not be allowed to - when the reason isn't so that other clubs aren't blown out of the water.

    There is or could be arguments for stopping clubs from spending fortunes more than their rivals in order to keep the sport competitive, but it doesn't seem like any FFP has been designed with that goal in mind, really.



  • Registered Users, Registered Users 2 Posts: 30,133 ✭✭✭✭breezy1985


    FFP only affects teams in Europe too so does nothing to keep the chasing pack in check and they are usually the boom/bust group.

    The lower tiers are still a mess and teams can become extinct at the whim of one dodgy owner.



  • Registered Users, Registered Users 2 Posts: 33,825 ✭✭✭✭~Rebel~


    I'd like to see something like this taken into account alright, but with a structure that safeguards the club against an owner losing interest, and has measures to preserve competition.

    So, let's say Bezos buys Brighton - he could either allow it to run under its own steam, or opt to pump money in. If he does the latter, he should be required to put some very large figure into an escrow account so that the club has an emergency fund there in case he ramps up their costs beyond their means and then pulls out (as was a genuine risk at Chelsea). On top of this, there should be a structure for controlled spending and growth - say, 150% of revenue until you attain a top four position (or some other achievement benchmark), and then it drops down for each year you maintain it. There should also perhaps be a penalty/tax for overspending - say 10% of the spending above your revenue goes back into the league/pyramid.

    (As a part of all this, I would prefer even more profit sharing from the bigger teams, with the CL money etc going across the whole league)



  • Registered Users, Registered Users 2 Posts: 7,219 ✭✭✭theoneeyedman


    I often find it interesting that in US sports, where the word socialist is the highest insult you can throw at anyone, they actively spread the resources (players especially) and TV revenues to encourage fairer competition, whereas in a more social/democratic Europe, the biggest sport is a free for all open to all sorts of shenanigans and financial chicanery.

    I don't like City's owners, and don't like how their money and the likes of those at PSG and the Roman years at Chelsea have distorted the market, but they are still better IMHO to the likes of the Glazers and the guys at Burnley who bring nothing to the table, saddle the club with debt, and put the existence of the club at risk.

    Few in football want FFP, it can't be enforced and too many enjoy the gravy when it's being shared around, and that includes the likes of Uefa, the FA and others.



  • Registered Users, Registered Users 2 Posts: 30,133 ✭✭✭✭breezy1985


    The USA which is the size of Europe ring fence the league for the top 20 odd clubs.

    Your socialist spreading of resources would lead to the European Super League.



  • Registered Users, Registered Users 2 Posts: 61,272 ✭✭✭✭Agent Coulson


    Premier League set for its own Drive to Survive-style Netflix series..

    The Premier League has been approached by the film company behind Netflix’s hit programme Formula 1: Drive To Survive to propose a series on the streaming platform focusing on English football’s top flight.


    Clubs were informed about the approach this week and talks will now take place to sound out a potential project that they hope could match the success of the motor racing series.


    The production company behind the plans is the British-based Box To Box Films, which has also made The Kings series on boxing for Showtime and Make Us Dream — a documentary about Steven Gerrard — for Amazon.


    It is understood that Box To Box have also been in touch with individual Premier League clubs............





  • Registered Users, Registered Users 2 Posts: 7,219 ✭✭✭theoneeyedman


    More like 30 + clubs, 32 in the NFL for instance.

    The So called super league is already very close in truth, most leagues Europe have been distorted by European Money coming back from Uefa competitions, that distorts the individual leagues.

    I wouldn't be in favour of it, but it's coming.

    My point in the Americans though was that within those limited elite leagues, the money and players are shared out better than in Europe, they at least try.



  • Registered Users, Registered Users 2 Posts: 30,133 ✭✭✭✭breezy1985


    20 or 30 whatever the point still is that US sport is a million miles from socialist. They don't even have a team for every state and the only way to get one is loads of money.



  • Registered Users, Registered Users 2 Posts: 5,020 ✭✭✭IncognitoMan


    The fact that City STILL have to cook the books after a decade of being at the top of the league shows the issue with those clubs.



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  • Registered Users, Registered Users 2 Posts: 25,222 ✭✭✭✭pjohnson


    The NFL/MLB/NBA is different in that those spprts are all almost exclusively American based to begin with.

    Sure Real Madrid/Barca/Fenerbahce/Olympiakos all have basketball teams but the standard is that low in comparison that they don't actually compete with any NBA team.

    The money is only shared out evenly to stop one team doing a Bayern and absolutely dominating, and the salary cap means Musk/Bezos cant come in and load up a team with 500m wages.

    Also the reason why the drafts always start with the worst team picking first. Teams that are relatively weak can decide fùck it accelerate the decline to get a superstar in the draft and start rebuilding.


    Its also basically the same model in place in Australia for Aussie Rules. Its a sytem that needs a closed shop to work at all.



  • Registered Users, Registered Users 2 Posts: 3,576 ✭✭✭Pauliedragon


    The draft system in OZ was also deemed illegal under restraint of trade laws by the federal court but the AFL just carry on with it and the players haven't fought it.



  • Registered Users, Registered Users 2 Posts: 13,652 ✭✭✭✭machiavellianme


    Ah so is this a result of the Premier League not wanting its individual teams having their own shows (All or nothing) and are cashing in for the benefit of their members themselves?



  • Registered Users, Registered Users 2 Posts: 7,936 ✭✭✭El Gato De Negocios


    Madrids mouthpiece in full on tap up mode for Bellingham. Likely he will end up there if their interest is bona fide. I see there alot of chatter from Liverpool fans about signing him but I'd be absolutely flabbergasted of they spend €150m on anyone, never mind the kind of wages he'll be looking for. Madrid are also massively more attractive, regular winners of the big trophies and with some of the best young midfielders in the world already there in comparison to an aging and regularly crocked midfield at lfc. The only thing I can see being a determining factor is Klopp. Madrid are very volatile in terms of their managers and willingness to sack whereas JK is as bullet proof as anyone in the game.



  • Registered Users, Registered Users 2 Posts: 20,953 ✭✭✭✭yourdeadwright


    Next summer Jude will only have 2 years left on his current deal so i don't see him going for more than 100million ,

    Considering he will also only go 20 next summer , he could hang on another year & Dortmund would get half that,

    There is also the fact he is English so that helps make the case of him wanting to play in the Prem ,

    City or Liverpool would be my bet at his next destination ,

    I reckon Madrid go big on a forward next summer a CB not a CM ,



  • Registered Users, Registered Users 2 Posts: 61,272 ✭✭✭✭Agent Coulson


    So after the British mini Budget the average premier League footballer will be £250k a year richer.



  • Registered Users, Registered Users 2 Posts: 216 ✭✭BobDole22




  • Registered Users, Registered Users 2 Posts: 61,272 ✭✭✭✭Agent Coulson


    Conte being linked with a return to Juve.



  • Posts: 45,738 ✭✭✭✭ [Deleted User]


    Two years is his average stint so it wouldn't surprise me.



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  • Registered Users, Registered Users 2 Posts: 7,367 ✭✭✭doc_17


    Can’t see Liverpool getting Bellingham. If City want him, he’ll be theirs. No way Liverpool can compete with a state backed team who also appear to have so many wonderfully generous sponsors.



This discussion has been closed.
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