Leicester... FFP Resolution

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Damien
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Re: Leicester... FFP Resolution

Post by Damien » Thu Feb 22, 2018 8:14 pm

The Sunderland owner will sell the club for a pound, as long as the new owners take on over a hundred million debt. Will they be fined as well? The whole situation is so confusing and complicated.

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Re: Leicester... FFP Resolution

Post by QPR_John » Thu Feb 22, 2018 8:40 pm

Damien wrote:
Thu Feb 22, 2018 8:14 pm
The Sunderland owner will sell the club for a pound, as long as the new owners take on over a hundred million debt. Will they be fined as well? The whole situation is so confusing and complicated.
So Sunderland are £100M in debt but seemingly not breaking FFP.

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Re: Leicester... FFP Resolution

Post by 222gers » Thu Feb 22, 2018 8:40 pm

Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.

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Re: Leicester... FFP Resolution

Post by Damien » Thu Feb 22, 2018 8:49 pm

222gers wrote:
Thu Feb 22, 2018 8:40 pm
Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.
I'm none the wiser fella. Whole thing makes my head spin sometimes.

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Re: Leicester... FFP Resolution

Post by SheepRanger » Thu Feb 22, 2018 8:49 pm

222gers wrote:
Thu Feb 22, 2018 8:40 pm
Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.
Our owner wrote off £180m of debt

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Re: Leicester... FFP Resolution

Post by QPR_John » Thu Feb 22, 2018 8:50 pm

222gers wrote:
Thu Feb 22, 2018 8:40 pm
Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.
I thought the Premier League and the FL had brought their FFP rules into line. It seems odd that two organisations linked by promotion and relegation should have different rules

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Re: Leicester... FFP Resolution

Post by QPR_John » Thu Feb 22, 2018 8:50 pm

SheepRanger wrote:
Thu Feb 22, 2018 8:49 pm
222gers wrote:
Thu Feb 22, 2018 8:40 pm
Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.
Our owner wrote off £180m of debt
Which the FL ignored

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Re: Leicester... FFP Resolution

Post by SheepRanger » Thu Feb 22, 2018 8:59 pm

QPR_John wrote:
Thu Feb 22, 2018 8:50 pm
SheepRanger wrote:
Thu Feb 22, 2018 8:49 pm
222gers wrote:
Thu Feb 22, 2018 8:40 pm
Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.
Our owner wrote off £180m of debt
Which the FL ignored
Have they? The write off left us with an overspend of £9m on an allwance of £8m allowing the EFL scope to slap us with a minor fine so they dont lose face. We have been reducing costs ever since by and the final decission is pending.

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Re: Leicester... FFP Resolution

Post by QPR_John » Thu Feb 22, 2018 9:45 pm

SheepRanger wrote:
Thu Feb 22, 2018 8:59 pm
QPR_John wrote:
Thu Feb 22, 2018 8:50 pm
SheepRanger wrote:
Thu Feb 22, 2018 8:49 pm


Our owner wrote off £180m of debt
Which the FL ignored
Have they? The write off left us with an overspend of £9m on an allwance of £8m allowing the EFL scope to slap us with a minor fine so they dont lose face. We have been reducing costs ever since by and the final decission is pending.
Either they have not offered us a minor fine or we did not accept otherwise this whole sorry saga would be over. If the former my point stands and If the latter we must be pretty sure we are going to win

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Re: Leicester... FFP Resolution

Post by 222gers » Thu Feb 22, 2018 10:38 pm

QPR_John wrote:
Thu Feb 22, 2018 8:50 pm
222gers wrote:
Thu Feb 22, 2018 8:40 pm
Without muddying the waters further.....I imagine most of Sunderland's debt was racked up in the Premiership. This season's overspend ie debt would be the first of a rolling three year period so their day of reckoning is a way off yet. It's interesting though as the owner is effectively writing off the debt in order to sell for a quid which is in a way something we were not allowed to do. The writing off the debt part I mean.
I thought the Premier League and the FL had brought their FFP rules into line. It seems odd that two organisations linked by promotion and relegation should have different rules
Yes you are correct, they have aligned the two systems.

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Re: Leicester... FFP Resolution

Post by SheepRanger » Thu Feb 22, 2018 10:42 pm

QPR_John wrote:
Thu Feb 22, 2018 9:45 pm
SheepRanger wrote:
Thu Feb 22, 2018 8:59 pm
QPR_John wrote:
Thu Feb 22, 2018 8:50 pm


Which the FL ignored
Have they? The write off left us with an overspend of £9m on an allwance of £8m allowing the EFL scope to slap us with a minor fine so they dont lose face. We have been reducing costs ever since by and the final decission is pending.
Either they have not offered us a minor fine or we did not accept otherwise this whole sorry saga would be over. If the former my point stands and If the latter we must be pretty sure we are going to win
The latter.

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Re: Leicester... FFP Resolution

Post by UxbridgeR » Thu Feb 22, 2018 11:28 pm

Gotta love these FFP threads :lol:
Are headphones getting bigger, or are idiots getting smaller ?

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Re: Leicester... FFP Resolution

Post by QPR_John » Thu Feb 22, 2018 11:42 pm

UxbridgeR wrote:
Thu Feb 22, 2018 11:28 pm
Gotta love these FFP threads :lol:
It's like trying to understand the offside law

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Re: Leicester... FFP Resolution

Post by Bear-Grills » Fri Feb 23, 2018 3:37 pm

QPR_John wrote:
Thu Feb 22, 2018 11:42 pm
UxbridgeR wrote:
Thu Feb 22, 2018 11:28 pm
Gotta love these FFP threads :lol:
It's like trying to understand the offside law
You could switch them around and no one would notice :D
If drink isn't the answer, you were asked the wrong question

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Re: Leicester... FFP Resolution

Post by kernowhoop » Fri Feb 23, 2018 5:46 pm

Bear-Grills wrote:
Fri Feb 23, 2018 3:37 pm
QPR_John wrote:
Thu Feb 22, 2018 11:42 pm
UxbridgeR wrote:
Thu Feb 22, 2018 11:28 pm
Gotta love these FFP threads :lol:
It's like trying to understand the offside law
You could switch them around and no one would notice :D
But, that would be 'interfering with play'...
It's simple. Score more goals than they do.

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