Financial Fair Play

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Foxes_Trust said:
Forest's results in the 2011/12 season were a loss of £12.2m, just over FFP limits for that season (remember ours was £29.7m in comparison). Their wage bill had risen to £17.6m (ours was £27.7m for the same period).

We don't know what Forest's finances were like for season 2012/13. They would have allowed to lose £10m last year & meet FFP as long as the owners invested £6m. If they were closer to a break even state, then if their owners were willing to provide the maximum £5m investment allowed this season & they "aimed" for a £3m loss, they could still be meeting the FFP criteria with an £8m punt.

In our case, we were starting from a massive loss situation, based on 2011/12 figures, and while that loss should have reduced last season (having removed wages like Mills etc), there was still an apparent need to pump in £15.6m from the owners, it's a big shift for us to achieve FFP this season
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So if we fail to meet the requirements, and somehow, don't get promted, do we get a points deduction for next season, or do they look at out books, see we have made a bloody good effort at coming into line and slap us on the wrist?

Wouldn't like the next manager to start on negative points ;)
 
Seems like sour grapes from a club slowly sliding back to where they came from imo because they can t get the investment they want.
 
The answer to this is really simple. World football needs to wake up and stop paying ludicrous salaries to grown men who kick balls around for a living. Until there is a wage cap clubs are going to talk themselves into debt.
 
The Walrus said:
The answer to this is really simple. World football needs to wake up and stop paying ludicrous salaries to grown men who kick balls around for a living. Until there is a wage cap clubs are going to talk themselves into debt.
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You don't speak too much. But when you do speak, you speak sense!
 
The Walrus said:
The answer to this is really simple. World football needs to wake up and stop paying ludicrous salaries to grown men who kick balls around for a living. Until there is a wage cap clubs are going to talk themselves into debt.
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If people are willing to pay for it, who cares.

Wage caps will never come in as no individual nation will do it (as they'll lose all their best players) and the chances of an international wage cap are nil.
 
So by not having enough supplies LCFC's caterers are helping bring down the price of football. Well done to them!
 
Matt_B said:
I don't know why they muddy it with prices for pies etc, they are all optional extras that you don't need to pay for. The ticket price is all that's important. I'm not even sure we control our food prices as it's an outside contractor.
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The survey was full of inconsistences last year. For example, they included for some clubs their 'fan fixtures' games as evidence of the cheapest ticket, others not so.

Last year they was a lot of moaning about Kidderminster charging I think £5 for a pie. That pie is a massive cottage pie with the works. A meal in itself, proper food really. It was comparing that against bog standard pies.
 
Hazzman said:
The survey was full of inconsistences last year.
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I expect it's the same this year.

For example they're saying the cheapest adult match ticket at Carlisle is £19 (they said the same last year), when in fact it's £16 if you buy it before the day of the match.
They say the cheapest ticket at Leicester is £15, but that's only for a few matches. The cheapest for the Wigan game is £22. Or £24 if you buy it on the day.

So they make it look like Leicester is £4 cheaper than Carlisle, when for a normal match, it's actually £6 more expensive.
 
Hazzman said:
The survey was full of inconsistences last year. For example, they included for some clubs their 'fan fixtures' games as evidence of the cheapest ticket, others not so.

Last year they was a lot of moaning about Kidderminster charging I think £5 for a pie. That pie is a massive cottage pie with the works. A meal in itself, proper food really. It was comparing that against bog standard pies.
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Last year some time - it may have been the week the report came out - there was a picture of a bloke holding one of these pies on the front of the NLP. It looks just as you describe it, a proper meal rather than a snack. The attached article went on to point out that not only do many away fans happily fork out for them but the team often have them after their games.
 
Blue Maniac said:
Last year some time - it may have been the week the report came out - there was a picture of a bloke holding one of these pies on the front of the NLP. It looks just as you describe it, a proper meal rather than a snack. The attached article went on to point out that not only do many away fans happily fork out for them but the team often have them after their games.
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Homer's driving down to Kiddy at speed as I write this I'd guess.
 
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