Financial Fair Play(FFP)

As we're unlikely to see terraces again at football, this is the virtual equivalent where you can chat to your hearts content about all football matters and, obviously, Arsenal in particular. This forum encourages all Gooners to visit and contribute so please keep it respectful, clean and topical.
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SteveO 35
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Re: Financial Fair Play(FFP)

Post by SteveO 35 »

gp543 wrote:Press Association has confirmed Telegraph exclusive that Man City and PSG have violated FFP.

Via Twitter.

Let's see what happens.
Fines of.....wait for it......up to €100,000 !

I bet the Arabs are shitting themselves losing the equivalent of an hour's work

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DB10GOONER
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Re: Financial Fair Play(FFP)

Post by DB10GOONER »

SteveO 35 wrote:
gp543 wrote:Press Association has confirmed Telegraph exclusive that Man City and PSG have violated FFP.

Via Twitter.

Let's see what happens.
Fines of.....wait for it......up to €100,000 !

I bet the Arabs are shitting themselves losing the equivalent of an hour's work
An hour's work for one of their cleaners more like! :lol:

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DB10GOONER
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Re: Financial Fair Play(FFP)

Post by DB10GOONER »

northbank123 wrote:Wenger is a wannabe economist. He is heralded as an authoritative voice on football finance but the reality is that his economic qualifications amount to a degree. I have a few mates with economic degrees from good universities and they can barely organise paying monthly direct debits, I certainly wouldn't hold them out to be oracles.

For over half a decade he has smugly proclaimed that football cannot exist in a bubble, that the recession would hit football clubs, that the walls would come crumbling down at these clubs as their foolhardy spending saw them bankrupt. He's built his philosophy around that economic outlook and it's absolute fucking bollocks. It has been proved catastrophically wrong.

Drives me insane when I hear people defending him because he can "read a balance sheet". Frankly I don't give a fuck and I don't want him anywhere near that side of things. No successful manager before needed to be able to read a balance sheet.
Agree with every word. 8) Particularly;

1. managers getting involved in finance (NOT your job - just ask the chairman for money, buy players, shut the fuck up).
2. The myth about Wenger being an "economist". We recently ran a campaign to recruit economists and tested 90 candidates with economics degrees and only found 55 experienced and basically intelligent enough to interview. Of that 55, only 9 were of a high enough standard to be offered jobs. Both micro and macro economics are areas that develop and change constantly, both theoretically and in practice. You need to be working in it every day to truly grasp it as a discipline. Wenger is not an economist. :roll:

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spendsum4uckingmoney
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Re: Financial Fair Play(FFP)

Post by spendsum4uckingmoney »

Economics isnt a science. It is really just a collection of theories that contradict each other and very often proven fallacious. Take for instance the Laffer Curve. Everyone agrees it exists but there are so many arguments as to where the peak exists & what kind of slope it is. I could go on. Wenger is also to blame for the 'socialist' wage structure that has seen the likes of Bendtner, Chamakh and all those other Winstone Bogardes clutter the wage bill whilst the real talent fucks off to a club that willa ctually pay them what they are worth. So Wengers economics background is worthless as far as I am concerned.

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SPUDMASHER
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Re: Financial Fair Play(FFP)

Post by SPUDMASHER »

yeah, what he said !

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Dan_85
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Re: Financial Fair Play(FFP)

Post by Dan_85 »

Wenger: "You want to Uefa financial fair play rules to be respected and if it's not then we will feel let down" #AFCvWBA
:coffeespit:

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topgoon
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Re: Financial Fair Play(FFP)

Post by topgoon »

http://www.telegraph.co.uk/sport/footba ... tions.html

Looks like UEFA mean business but we all know that when the Oil Sheikhs get their lawyers involved the fine will will be whittled down to a few hundred euro. A transfer embargo would have been better but then we see how Barca are getting away with that too.

FFP can kiss my rear end, it's toothless and everybody should get an Oligarch/Rich sheikh so like the cyclists in Tour De France everyone's "doped up" and no one feels cheated out of anything.

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rodders999
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Re: Financial Fair Play(FFP)

Post by rodders999 »

topgoon wrote:http://www.telegraph.co.uk/sport/footba ... tions.html

Looks like UEFA mean business but we all know that when the Oil Sheikhs get their lawyers involved the fine will will be whittled down to a few hundred euro. A transfer embargo would have been better but then we see how Barca are getting away with that too.

FFP can kiss my rear end, it's toothless and everybody should get an Oligarch/Rich sheikh so like the cyclists in Tour De France everyone's "doped up" and no one feels cheated out of anything.

Agreed, the fine will make headlines but once it's appealed City will only end up paying a fraction of the 50 mill. Basically breaking the so called rules far outweighs the punishment so what's the point? :roll:

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augie
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Re: Financial Fair Play(FFP)

Post by augie »

topgoon wrote:http://www.telegraph.co.uk/sport/footba ... tions.html

Looks like UEFA mean business but we all know that when the Oil Sheikhs get their lawyers involved the fine will will be whittled down to a few hundred euro. A transfer embargo would have been better but then we see how Barca are getting away with that too.

FFP can kiss my rear end, it's toothless and everybody should get an Oligarch/Rich sheikh so like the cyclists in Tour De France everyone's "doped up" and no one feels cheated out of anything.


I hope to fcuk that citeeh's legal team take uefa apart and make them look like the utter brainless c*nts that we all know they are :evil: Tbh I am surprised that they haven't gone down that route already instead of trying to negotiate a settlement with uefa - I mean who the fcuk are uefa to dismiss the sponsorship deals that citeeh have with the Dubai rich ? Would they disregard that deal if it was for only £25m per season ? We all know that wouldn't happen so therefore it comes down to the fact that uefa feel that they have the right to put a price on what fee citeeh should get from a sponsorship deal and not alone is that ridiculous, but it is also beyond their remit and they should be told to fcuk off :evil: :box: :box:

If AFC mounted a legal challenge against citeeh for breaking uefa's rules then it would finish me with this club for good - these days our club seems more interested in complaining about how other football clubs are run instead of getting our own shit in order :roll: Instead of worrying about the money citeeh are spending, how about we spend the money that we have available to us and see where that takes us. What gives le cock and our board the right to be the moral saviours of football ? Who gives a fcuk if citeeh, psg or whoever overspend and become another pompey, leeds or Glasgow rangers ? That kind of stuff happens in every type of business and will forever be that way. All we should concern ourselves with is not living beyond our means and also spending the money available to us and if we fall short because of that then so be it

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MK Gould
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Re: Financial Fair Play(FFP)

Post by MK Gould »

Funny as well that UEFA look to be taking action (albeit limited...) against the "new money" of Citeh and PSG, whereas Real Madrid & Barcelona (as well as a host of Italian clubs) have been getting away with being propped up by their regional governments and banks for years...

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spendsum4uckingmoney
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Re: Financial Fair Play(FFP)

Post by spendsum4uckingmoney »

The 50m fine doesn't even come out of the club it comes from the shiekhs so its a non punishment.

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rodders999
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Re: Financial Fair Play(FFP)

Post by rodders999 »

Breaking the "rules" has earned City £130m+ this season from league placement and Champions League qualification so well worth the £50m fine if you ask me (which will be drastically reduced on appeal anyway).

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DB10GOONER
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Re: Financial Fair Play(FFP)

Post by DB10GOONER »

MK Gould wrote:Funny as well that UEFA look to be taking action (albeit limited...) against the "new money" of Citeh and PSG, whereas Real Madrid & Barcelona (as well as a host of Italian clubs) have been getting away with being propped up by their regional governments and banks for years...
Yep. UEFA love nothing as much as a chance to fuck over the English clubs to motivate them. Same with the unjust blanket ban on English clubs after Heysel. UEFA couldn't get in there quick enough. Yet the Italians, Turks, Poles and Serbs (to name just a few) still act the scumbag to this day and do not get properly punished. How the Turks and Italians in particular have gotten away with what they have is a disgrace. Did anyone see the Napoli player and club officials "negotiating" with some bald beardy jumped up little no-life hooligan oik before the cup final? They should have sent the fucking riot squad in and fucking night-sticked the lot of them. :x

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DB10GOONER
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Re: Financial Fair Play(FFP)

Post by DB10GOONER »

rodders999 wrote:Breaking the "rules" has earned City £130m+ this season from league placement and Champions League qualification so well worth the £50m fine if you ask me (which will be drastically reduced on appeal anyway).
Rodders, that reads almost like you are saying "qualifying for the CL is a good thing in and of itself..." :rubchin:

Almost, dare I say it, like a virtual trophy... :shock:

:lol: :wink:

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rodders999
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Re: Financial Fair Play(FFP)

Post by rodders999 »

DB10GOONER wrote:
rodders999 wrote:Breaking the "rules" has earned City £130m+ this season from league placement and Champions League qualification so well worth the £50m fine if you ask me (which will be drastically reduced on appeal anyway).
Rodders, that reads almost like you are saying "qualifying for the CL is a good thing in and of itself..." :rubchin:

Almost, dare I say it, like a virtual trophy... :shock:

:lol: :wink:
It's the way I've been conditioned :wink:

It's like when Michael Jordan used to get fined by the NBA every game becuase he was advertising his own product wearing Air Jordans. He'd quite happily pay the fine because he was earning far more from the trainer sales. Same with City, the punishment is dwarfed (easy lads :lol: ) by the reward of breaking the rules in the first place.

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