Financial fair play and our spending

Liverpool Football Club - General Discussion

Postby Raoul » Thu May 19, 2011 5:26 pm

SouthCoastShankly wrote:I suggest reading this article - http://tomkinstimes.com/2010....pool-fc

That is a great article. Very nice and clear.
"Life is not just about money. There are other things, important things that have a different kind of value. Anyone from Liverpool could tell you that."

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Postby SouthCoastShankly » Fri May 20, 2011 1:36 am

Benny The Noon wrote:
SouthCoastShankly wrote:
Benny The Noon wrote:The Fair play rule applies to every club in every league and is nor dependant on whether a team is in Europe or not . It will start from next summer and for the next three years the club can only operate on a loss of 40 million Euro's maximum in a three year period when it comes to money earnt and money spent on players . Players under the age of 18 do not count in the figures .

Also owners are not allowed to just pump 100's of millions into the club without receiving something in return . They also not allowed to self sponsor the club nor are they allowed to personally purchase players and then just give them to the club .

I'm surprised Benny that you are so uninformed.


Fundamantals
FFPR only apply to UEFA club competitions not domestic. Hence why these rules only apply to those teams applying for a UEFA club licence. The FA may well look to impose similar rules for all teams applying for an FA club licence but at present they have not done so.

The reason the FFPRs are being mentioned now even though they won't bite until 2013-14 is that UEFA will use the previous two seasons accounts to determine whether a club has adhered to the rules.

Complete break even account requirements do not come into effect until season 2018-19. Prior to this there is a gradual tightening of the rules each season regarding how much loss can be posted.

I suggest reading this article - http://tomkinstimes.com/2010....pool-fc

Seems the guy on Skysports is wrong then as they had a special report on it couple weeks back .

Cheers for posting that link .

No worries. You normally have the up to date info that's all.
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Postby RedSi35 » Fri May 20, 2011 6:33 am

This is pretty much the crux of it

Additionally, and most importantly, the club has the potential for a much larger stadium to bring vastly increased revenues. Liverpool’s annual match-day income from their latest accounts of £42.5m is dwarfed by Arsenal’s £100.1m and Manchester United’s £108.8m in revenues. Being debt-free (a big ‘if’) and having £60m worth of additional revenue each season creates a much larger revenue stream with which to break even.

Therefore, in the long term, Liverpool’s hopefully increasing international commercial performance (perhaps into China) along with the potential revenue windfall of a new stadium should allow the Reds to keep within the rules by having larger revenues to balance against larger transfer spending.

So the more revenue we create the more we have to break even with. Investment in youth setup is excluded.

The club has already made big inroads in our commercial development ( delving into the Asian market, new shirt manufacturers etc )

LFC are going truely global and our revenue streams are on the up. Good news for the accounts.
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Postby Benny The Noon » Fri May 20, 2011 8:46 am

SouthCoastShankly wrote:
Benny The Noon wrote:
SouthCoastShankly wrote:
Benny The Noon wrote:The Fair play rule applies to every club in every league and is nor dependant on whether a team is in Europe or not . It will start from next summer and for the next three years the club can only operate on a loss of 40 million Euro's maximum in a three year period when it comes to money earnt and money spent on players . Players under the age of 18 do not count in the figures .

Also owners are not allowed to just pump 100's of millions into the club without receiving something in return . They also not allowed to self sponsor the club nor are they allowed to personally purchase players and then just give them to the club .

I'm surprised Benny that you are so uninformed.


Fundamantals
FFPR only apply to UEFA club competitions not domestic. Hence why these rules only apply to those teams applying for a UEFA club licence. The FA may well look to impose similar rules for all teams applying for an FA club licence but at present they have not done so.

The reason the FFPRs are being mentioned now even though they won't bite until 2013-14 is that UEFA will use the previous two seasons accounts to determine whether a club has adhered to the rules.

Complete break even account requirements do not come into effect until season 2018-19. Prior to this there is a gradual tightening of the rules each season regarding how much loss can be posted.

I suggest reading this article - http://tomkinstimes.com/2010....pool-fc

Seems the guy on Skysports is wrong then as they had a special report on it couple weeks back .

Cheers for posting that link .

No worries. You normally have the up to date info that's all.

I hadn't actually read the full report as I don't need sleep , just watched this Sky Sports News Special report thing they do on Monday's . The guy should of read that article .

I'm pretty sure there will be loop holes in there somewhere for big clubs to get round . It will be interesting when it all starts off .
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Postby lakes10 » Fri May 20, 2011 9:25 am

like to see how man city will make up the 150 mil they are set to pay out on that ex man u scum then.
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Postby SouthCoastShankly » Fri May 20, 2011 9:27 am

lakes10 wrote:like to see how man city will make up the 150 mil they are set to pay out on that ex man u scum then.

It's not like they haven't got an excess of players or anything. They could easily generate £75m through player sales this summer.
Last edited by SouthCoastShankly on Fri May 20, 2011 9:27 am, edited 1 time in total.
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