Clears it up a bitThe Premier League needs to have heard Everton and Forest's cases by 8 April. No doubt both clubs will appeal their points deduction to try and circumnavigate relegation but it all needs to be concluded by the 24th of May. There is a general meeting scheduled for June when any relegated club will transfer their certificates.
It has certainly got them spooked.Clears it up a bit
Still an absolute sh*t show. It's clearly taking effect though. Just looking at the Jan transfer window. One of the lowest spending in years.
Interesting to see if the mags will come under scrutiny. Apparently sailing very close to it.
Newcastle need to raise circa £100m in the summer to avoid trouble don't they? Probably going to have sell Bruno aren't they.Clears it up a bit
Still an absolute sh*t show. It's clearly taking effect though. Just looking at the Jan transfer window. One of the lowest spending in years.
Interesting to see if the mags will come under scrutiny. Apparently sailing very close to it.
This is typical of football in England and how it is run. The PL and EFL have rules in place but no set punishment for clubs breaking them. City and Chelsea are both being looked into but they reckon City's is a different type of breach of the rules.Clears it up a bit
Still an absolute sh*t show. It's clearly taking effect though. Just looking at the Jan transfer window. One of the lowest spending in years.
Interesting to see if the mags will come under scrutiny. Apparently sailing very close to it.
This has been on the books for a while.
They're not really a reliable source when it comes to Premier League stories, even though they're almost always spot on with Middlesbrough, but they think the second charge will be a 6 point deduction.
Would mean Everton would be 1 point from safety.
I suspect that it will be reduced to 6 points then the pending penalty will also be 6 points leading to a total of 12 points deducted.
Then, probably, Forest get a 6pt deduction, leading to 6 points becoming the standard precedent for clubs who fess up to a simple breach quickly.
Who's going to buy these players though? Chelsea and Newcastle are two clubs who need big fees for a couple of players each. Unless Man Utd, Man City, Liverpool or Spurs want them, who else will have the spending power?Just listened to a really interesting conversation on talksport about it. Very detailed from business minded people. Definitely a minefield that many are about to step in.
They did say Chelsea would only have to sell 2-3 homegrown players (all profit) and they should be 'fine'. Although he did mention 50mil for Gallagher and 40mil for Broja (eh?).
Also that it could be a real possibility that when Talksport are in Germany for the Euros the final league positions may not be known. That's the 14th of June.
I mentioned earlier that academy players are worth more than selling another player for the same price. I'm not sure how that works, must be something to do with the investment a clubs made in them.Just listened to a really interesting conversation on talksport about it. Very detailed from business minded people. Definitely a minefield that many are about to step in.
They did say Chelsea would only have to sell 2-3 homegrown players (all profit) and they should be 'fine'. Although he did mention 50mil for Gallagher and 40mil for Broja (eh?).
Also that it could be a real possibility that when Talksport are in Germany for the Euros the final league positions may not be known. That's the 14th of June.
This is a pretty good description of how it works:I mentioned earlier that academy players are worth more than selling another player for the same price. I'm not sure how that works, must be something to do with the investment a clubs made in them.
Almost the opposite Norm - a homegrown player is deemed to have cost nothing and therefore any transfer fee is all profit. So, for example, if Chelsea sell Gallagher for £50m, that's £50m profit for FFP.I mentioned earlier that academy players are worth more than selling another player for the same price. I'm not sure how that works, must be something to do with the investment a clubs made in them.
Or if a player has fulfilled his initial contract length and extended which is also pretty common.A player can have zero book value for multiple reasons, but the main instance is if they do not cost the club a transfer fee. Meaning that, and this is the key takeaway, academy graduates have zero book value, as they do not cost the clubs transfer fees.
Saudi.Who's going to buy these players though? Chelsea and Newcastle are two clubs who need big fees for a couple of players each. Unless Man Utd, Man City, Liverpool or Spurs want them, who else will have the spending power?
How much headroom do those clubs have to spend?
Are the players Chelsea and Newcastle are trying to flog better than what they already have?
Teams know they need to sell. If anything this will drive the price down. Could a be a tough season for them next season.
I think the Henderson debacle will make a lot of players think about this a bit more closely this year.Saudi.
That was a concise and easy to understand explanation. CheersThis is a pretty good description of how it works:
For example, let’s say a club signed a player for £50m on a five-year contract. Amortisation means that, rather than the player costing £50m in the year he was signed, they would cost the club £10m in the books each year, or in other words, an annual amortisation fee of £10m.
As for player sales, the profit or loss made on a sale is calculated by taking the subtracting the player’s book value (their remaining amortised value) at the time of the sale from the transfer fee that has been received. So, continuing on with the original example but three years later; the player has now cost the club £30m (£10m X 3 years) of the initial £50m fee meaning his book value is now £20m (£50m-£30m). Therefore, if the club sell the player for £25m, this allows them to book a £5m profit (£25m fee- £20m book value) on the deal for the player in that year’s accounts.
Furthermore, and this is where academy graduates come into it, if a player has a book value of £0, this enables clubs to book a straight profit on a player sale, with the profit being the amount of the fee they have received (e.g. a £50m sale=£50m profit).
A player can have zero book value for multiple reasons, but the main instance is if they do not cost the club a transfer fee. Meaning that, and this is the key takeaway, academy graduates have zero book value, as they do not cost the clubs transfer fees.