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Palace and Financial Fair Play

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spartakev2 Flag Anerley 03 Aug 17 1.57pm Send a Private Message to spartakev2 Add spartakev2 as a friend

How do psg get say with paying £198m for someone and paying him £515k per week?

 

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Ginger Pubic Wig Flag Wickham de L'Ouest 03 Aug 17 2.15pm Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

suspect they'll get an extraordinary sponsorship from the middle east. completely unrelated to their owners tho. completely.

 


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Midlands Eagle Flag 03 Aug 17 2.21pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Ginger Pubic Wig

suspect they'll get an extraordinary sponsorship from the middle east. completely unrelated to their owners tho. completely.

They shouldn't be able to get away with that and I think that Barcelona and the Spanish League will kick up a stink if they are allowed to.

 

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Lyons550 Flag Shirley 03 Aug 17 3.16pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by Midlands Eagle

They shouldn't be able to get away with that and I think that Barcelona and the Spanish League will kick up a stink if they are allowed to.


Which would be hypocrisy of the highest order

 


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JohnB Flag 03 Aug 17 3.26pm Send a Private Message to JohnB Add JohnB as a friend

Originally posted by spartakev2

How do psg get say with paying £198m for someone and paying him £515k per week?

The £198million is written off from an accounting and FFP perspective over the duration of the contract, if it's 5 years it's 'only' £40 million per year plus £40 million in wages.

I'd imagine in merchandising alone, they could cover the £80m a year. Take Pogba, there was a report that said he sold £190m worth of shirts in first 3 weeks.

 

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Yellow Card - User has been warned of conduct on the messageboards grumpymort Flag US/Thailand/UK 03 Aug 17 3.33pm Send a Private Message to grumpymort Add grumpymort as a friend

Originally posted by JohnB

The £198million is written off from an accounting and FFP perspective over the duration of the contract, if it's 5 years it's 'only' £40 million per year plus £40 million in wages.

I'd imagine in merchandising alone, they could cover the £80m a year. Take Pogba, there was a report that said he sold £190m worth of shirts in first 3 weeks.


which still puts them in breach of ffp they do not have enough coming in to cover that.

they did the samething few years ago and got of lightly.

ffp is a joke it suits big clubs not little ones

Barca said they want the 190mil upfront straight away i do not see how you can get away with putting on the books it stread out like that if you did that in a normal bussiness you would be done for fraud

 


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Ginger Pubic Wig Flag Wickham de L'Ouest 03 Aug 17 6.58pm Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

Originally posted by dreamwaverider

Maybe why that is the promoted clubs get the parachute payments.
Our revenue is now up around £150 M (£115M sky, £25M gate, £10M sponsorship etc.) So we can go to c £100M wages. I think you will find we are well inside on that.

Just to say on this...if Deloitte are right and we were at 81m wages in 15/16, then benteke (5m) and Luka, PvA, Remy, Schlupp, Tomkins, Townsend (say 2m each) and Sakho on 2.5m would have lifted us by an insane 19.5m to ~100m. plus I think your revenue figures look a little toppy.

point is, even if I'm a bit low on revenue and high in wages, our scope to significantly add to the wage bill is surely restricted?

This talk of paying the fine...i guess I wonder if the Americans will fancy it

Edited by Ginger Pubic Wig (03 Aug 2017 6.59pm)

 


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Midlands Eagle Flag 03 Aug 17 7.29pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by JohnB

I'd imagine in merchandising alone, they could cover the £80m a year. Take Pogba, there was a report that said he sold £190m worth of shirts in first 3 weeks.

Most clubs receive a fee from the shirt manufacturer and then only a small percentage of each shirt sale with the bulk going to the shirt manufacturer

 

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