No it isn't a bad thing; FFP was supposed to help but doesn't really

What "really" needs to happen, but never will, is that footballing operations are run to a specific accounting standard over what you are and aren't allowed to offset. So no dodgy inter-group loans, no offsetting profits in one part of group accounts against football losses, yada yada yada. Footballing operations should run with positive EBITDA on their own merits. There would be wrinkles around ground/facilities ownership/depreciation on that, and what debt models are and aren't ok; but the rest I think wouldn't be hard to pull together. All clubs at least in the 92 and ideally their equivalents across Europe. As I say that will never happen because the rich and powerful people don't want it to.

Posted By: Old Man on April 20th 2021 at 17:02:06

Message Thread

ESL financial model leaked in FT (Other Football) - Old Man, Apr 20, 15:00:50
- The question is.... (Other Football) - usacanary, Apr 20, 16:17:09
  - No it isn't a bad thing; FFP was supposed to help but doesn't really (Other Football) - Old Man, Apr 20, 17:02:06
    - The thing is clubs at the lower levels are just as guilty.... (Other Football) - usacanary, Apr 20, 17:39:25
      - Indeed, and as you pointed out yesterday (Other Football) - Old Man, Apr 20, 17:49:02
  - NFL and other US sports operate in an effective closed shop (Other Football) - watfordcanary, Apr 20, 16:29:16
    - CFL? (n/m) (Other Football) - trafford_canary, Apr 20, 16:39:11
      - Canadian Football League - Go Ticats (Other Football) - watfordcanary, Apr 20, 16:54:48
        
        Ah. So the EFL will basically become the CFL (n/m) (Other Football) - trafford_canary, Apr 20, 17:12:10
        
        You could argue that's already happened with the EPL and EFL (Other Football) - usacanary, Apr 20, 17:32:56
  - "Bullshit tricks" (Other Football) - Winged Eel Creosote, Apr 20, 16:25:12
    - The problem with the NFL model is its a closed shop. (Other Football) - usacanary, Apr 20, 17:29:26
      - They also move their clubs between cities at the drop of a hat (Other Football) - Ben, Apr 20, 17:37:58
        
        Frankly they're welcome to all six (Other Football) - Old Man, Apr 20, 17:49:33
- it is laughable (Other Football) - Henclrikus, Apr 20, 15:42:08
  - 32.5 split 15 ways plus 32.5 split 20 ways is a laughable fig leaf (n/m) (Other Football) - trafford_canary, Apr 20, 15:43:42
- An absolute cunts trick of the highest order. (Other Football) - trafford_canary, Apr 20, 15:35:09
  - To be honest it really should burn down. (Other Football) - trafford_canary, Apr 20, 15:38:22
    - thing is we can still have a euro cup league without those bastards (Other Football) - pinkney, Apr 20, 15:44:56
      - Correct. You can't just let them play in the Prem and have a random alphabet result (Other Football) - trafford_canary, Apr 20, 16:02:33
      - Absolutely! Kick them out, reorganise it along fair sporting lines and crack on. (n/m) (Other Football) - trafford_canary, Apr 20, 15:55:00

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.