I hope we are within FFP rules

HundredRoom

HundredRoom

Well-known member
With the signings made and those gone.

I can't do the numbers but Im sure they are looking at them in certain places. It would be very embarrassing if we are not

I seem to remember the rules are complex based on crowds revenue TV revenue transfer fees in and out prize money number of pies etc

Which makes me wonder how one club / EFL can accuse another of being outside the rule without detailed access to the accounts
 
So far I make it:

Ins

Balogun
Sol Brynn (returned from loan)
McGree - £2.5m?
Connolly
Boyd Munce
Wood (returned from loan)

Outs

Ikpeazu (loan)
Hernandez (loan ended)
Stejanovic
Browne £0.75m?
Spence - additional loan fee £1m?
Wing (loan subsidy ended)
Kavanagh - loan
Isaac Fletcher - loan
Folarin - loan

I assume Coulson loan move was cost/revenue neutral

Taylor's contract was extended not new.

I would say at a guess our wages have increased by around £15k a week and we have spent around £750k more than we received.

But we have around £1.5m coming in from MU game.
 
Redwurzel said:
So far I make it:

Ins

Balogun
Sol Brynn (returned from loan)
McGree - £2.5m?
Connolly
Boyd Munce
Wood (returned from loan)

Outs

Ikpeazu (loan)
Hernandez (loan ended)
Stejanovic
Browne £0.75m?
Spence - additional loan fee £1m?
Wing (loan subsidy ended)
Kavanagh - loan
Isaac Fletcher - loan
Folarin - loan

I assume Coulson loan move was cost/revenue neutral

Taylor's contract was extended not new.

I would say at a guess our wages have increased by around £15k a week and we have spent around £750k more than we received.

But we have around £1.5m coming in from MU game.
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Not to mention the Derby money 😜
 
You've got to assume (hope?) Gibson isn't taking any liberties knowing the how many eyes are on him. He's had the authorities **** on us/him in the past.
 
McGree and Boyd-Munce will be less than 3mill combined, spread over 3 years, so 1mill up front. Yes we will be paying decent money for Connolly and Balogun but I bet it's nowhere near the reported 1mill for Balogun. Then we are getting a decent fee for Spence loan, Ikpeazu loan and Browne transfer fee should just about even it up.

Not worried at all. I'd be more worried for Bournemouth at the number of players they have contracted and if they fail to get promoted they will be facing reduced parachute payments and could be in big trouble. Most of their decent players will be in the final year and probably sold, feels to me they are buying their replacements in Moore, Dembele, Jamal Lowe and Brady, bog standard championship players on big contracts.
 
Embarrassment would be the last of our worries.

However, had it been a possibility, I think we'd have seen Spence sold yesterday. Even if it wasn't the £15 million we wanted, a £6-7 million shot would surely have covered any deficit?
 
Apparently Spurs went to £12 million for Spense and we still said no so I would be amazed if we were in any danger of failing FFP particularly given the way our accounts will be scrutinised in minute detail by both the EFL and other "interested parties"
 
Muttley said:
Apparently Spurs went to £12 million for Spense and we still said no so I would be amazed if we were in any danger of failing FFP particularly given the way our accounts will be scrutinised in minute detail by both the EFL and other "interested parties"
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I’m not sure I trust that report, as we’d be crazy to turn down £12m for Spence. Anything can happen in the next few months and his value could drop dramatically.
 
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Turning down 12mil for a player we don't want and doesn't want to be with us is risky. If that was the genuine bid then I'd have sold.

I get an issues may have been structure. They may only have offered half up front with the rest over his 4 year contract etc. I think many deals are over the length of a contract.

Also he was worth less than half that in August. We have to thank forest for that. I'd be concerned about a loss of form or him really 'blowing up'. It's a shame he'd played for us. I imagine it put a lot of clubs off bidding until the summer if they had to loan him out.

I simply can't believe Gibson will get his FFP 'sums' wrong. Also unlike Derby (worst case scenario) we have genuine sellable assets in Spence / Fry / Tav and McNair. You'd probably get just short or around 50mil if we had to sell in the summer.
 
I'm not remotely concerned we'll be in breach. For all that some of his footballing decisions have been dubious Gibson has never shown anything but competence in handling the finances.

When we've had to "cut our cloth" he's made those decisions quickly and ruthlessly. We got into those positions because he's made bad footballing decisions, particularly in who he's trusted to spend money. But he's always had a plan B, always taken necessary action. He's not the sort to chase his losses and bet the house on throwing everything at one last gasp push to get promoted. He understands I think that nothing is certain in football.

I don't think he's even taken much of a gamble this season. I'm pretty sure the plan is try and get up this season, but that's unlikely (no better than a 1 in 4 chance maybe?) and so I'm sure we'll be planning for it not happening. The longer term strategy will be to recruit better in the summer and challenge for automatic next year. And I'm sure that'll all be budgeted for and all within FFP.
 
I'd be astonished if we were over. Our overall cost basis wages wise will be relatively low prior to the window. We don't have any legacy signings on big money anymore like Britt or Randolph. Even our key players like Tav, Fry etc will be on relatively modest wages being Academy products. Squad players like Bamba, Peltier and Taylor were picked up on frees so will be on low wages based against our competitors.
 
We might have claimed for £45m, but no way we would get close to that. Gibbo himself has implied we would negotiate a lower claim. The information about our claim was probably leaked out (not by MFC) to get us to drop any claims and distract attention (which it appears to have worked on many of the Derby fans) and is likely to be inflated.
 
Redwurzel said:
We might have claimed for £45m, but no way we would get close to that. Gibbo himself has implied we would negotiate a lower claim. The information about our claim was probably leaked out (not by MFC) to get us to drop any claims and distract attention (which it appears to have worked on many of the Derby fans) and is likely to be inflated.
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More recent social media gossip says its probably closer to 3-5mil. Basically covering the money lost in playoff crowd attendances and Sky TV money. That would make more sense.

That said when the accounts come out in March (think it's March?) it won't be pretty reading due to covid etc. I imagine we will be up or around the biggest financial losers. I guess it doesn't 'matter' as long as its within FFP.
 
I think we can fall into the trap of equating poor transfer business to financial mismanagement. We see a lot outgoing, and the signings have been bad for much of the last 5 seasons, but we've brought plenty in too.

The season we spent £50 million, we essentially broke even in the transfer market (hard to be exact in the age of undisclosed fees and loan fees, but this is roughly true, given what was widely reported)
The season after, we made a profit of £20-25 million.
Even though we sold them for big losses, we still brought in substantial wodges of cash for Braithwaite, Flint, Randolph and Saville (the expenditure on those guys is already covered in the figures above).

This, of course, doesn't take into account wages, which is a big part of it. However, very little of the parachute payments we received were actually spent on fees.
 
It wouldn’t shock me if many clubs have broken the ffp due to covid and Derby start shouting for points deduction. The difference being of course Derby put themselves into that position prior to covid
 
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