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james03 Bangkok 01 Jan 16 1.57am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 I recall a comment by Steve Parish after the sale of Murray to Bournemouth. He indicated that the new FFP rules had forced us to sell someone and the offer for Murray meant that letting him go kept us on the right side of the equation. Therefore, from that, I would imagine we ARE very close to the FFP limit. Remember it is not only what we pay out but our salary level that affects this. We pay a very high salary to Cabaye and have also substantially increased salaries to Dann, McArthur and Bolasie. Not knowing the FFP rules it is, of course, possible that the new investment in to the club means we presently have more flexibility.
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. Groucho Marx |
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NickinOX Sailing country. 01 Jan 16 2.15am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote Sg Bilko at 31 Dec 2015 1.10pm
Quote jamiemartin721 at 31 Dec 2015 11.26am
Quote PalaceJam at 31 Dec 2015 12.13am
I'd fully support Austin or Remy joining Palace. I think both men would be pleased to join our club. The trouble is the clubs in competition with us for European qualification will do everything in their power to block Palace from acquiring a genuinely dangerous striker. If I were Tottenham in particular, that would be my perspective. Of course, they can't buy everyone, but they can surely target our top choices and make it extremely difficult for CPFC. It's a big test for the club's financial clout. Not only do we need to outmuscle a bigger club for a quality striker, but we must also hold on to Bolasie. It's no secret that bloody Spurs are trying to halt Palace's rise by transferring Bolasie. They realize Palace are getting uncomfortably close to breaking their grip on that steady European football money. Let's see how strong the club is. Edited by PalaceJam (31 Dec 2015 12.17am) Problematically, I believe we might also be on the cusp of the financial fair play limits, and you can be sure that if by some miracle we made the champions league or Europe, but broke the FFP we'd be excluded (where as say City wouldn't be). No way, The club are a long way from breaching the FFP rules, to do so they need to exceed £105m of losses over the previous 3 years, and as we were in profit the first two season in the Premier League Palace have nothing to worry about, the last loss we made was in our promotion season of 2012-13. We spent very wisely in the summer window adding only Yohan Cabaye £11,6m, Alex McCarthy £3,5m Connor Wickham £7m Bakary Sako Unattached and sold Murray and Bannen for £6m that's £16.1m outlay. We spent £27+m on players, Fraizer Campbell £900k, Brede Hangeland Free, Martin Kelly £1.5m, James McArthur £7m, Zeki Fryers £1.5m, Jordon Mutch £5.75m, Pape Souaré £3.4m, Keshi Anderson £35k, Lee Chung-yong £1.25m, Wilfried Zaha £6m, and recouped only £1.4m for Jose Campana in season 14-15, that's £25m far in excess of this season, even with the expenditure of last season CPFC 2010 they will still turn in a higher profit than the before tax £23m of 2013-14. I have read that there is a new section that relates specifically to salary. If so, that might be where there is a problem (as is claimed and this response assumes).
If you come to a fork in the road, take it. |
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Sg Bilko Deurne Holland 01 Jan 16 7.26am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote NickinOX at 01 Jan 2016 2.15am
Quote Sg Bilko at 31 Dec 2015 1.10pm
Quote jamiemartin721 at 31 Dec 2015 11.26am
Quote PalaceJam at 31 Dec 2015 12.13am
I'd fully support Austin or Remy joining Palace. I think both men would be pleased to join our club. The trouble is the clubs in competition with us for European qualification will do everything in their power to block Palace from acquiring a genuinely dangerous striker. If I were Tottenham in particular, that would be my perspective. Of course, they can't buy everyone, but they can surely target our top choices and make it extremely difficult for CPFC. It's a big test for the club's financial clout. Not only do we need to outmuscle a bigger club for a quality striker, but we must also hold on to Bolasie. It's no secret that bloody Spurs are trying to halt Palace's rise by transferring Bolasie. They realize Palace are getting uncomfortably close to breaking their grip on that steady European football money. Let's see how strong the club is. Edited by PalaceJam (31 Dec 2015 12.17am) Problematically, I believe we might also be on the cusp of the financial fair play limits, and you can be sure that if by some miracle we made the champions league or Europe, but broke the FFP we'd be excluded (where as say City wouldn't be). No way, The club are a long way from breaching the FFP rules, to do so they need to exceed £105m of losses over the previous 3 years, and as we were in profit the first two season in the Premier League Palace have nothing to worry about, the last loss we made was in our promotion season of 2012-13. We spent very wisely in the summer window adding only Yohan Cabaye £11,6m, Alex McCarthy £3,5m Connor Wickham £7m Bakary Sako Unattached and sold Murray and Bannen for £6m that's £16.1m outlay. We spent £27+m on players, Fraizer Campbell £900k, Brede Hangeland Free, Martin Kelly £1.5m, James McArthur £7m, Zeki Fryers £1.5m, Jordon Mutch £5.75m, Pape Souaré £3.4m, Keshi Anderson £35k, Lee Chung-yong £1.25m, Wilfried Zaha £6m, and recouped only £1.4m for Jose Campana in season 14-15, that's £25m far in excess of this season, even with the expenditure of last season CPFC 2010 they will still turn in a higher profit than the before tax £23m of 2013-14. I have read that there is a new section that relates specifically to salary. If so, that might be where there is a problem (as is claimed and this response assumes). The FFP rules clearly state. "Wage Restrictions:- UEFA = None:- Premier League:- No restrictions if wages are below £52m pa. If above max increase is £4m pa, plus any increase revenue from new commercial deals". [Link] If you scroll down to the bottom of the link you'll see it's updated on 01/07/2015, that document also provides links to UEFA manual for 2015-6 season(UEFA Club Licensing and Financial Fair Play Regulations). No way is Palace paying £1m a week in wages each week, the previous 2 seasons Palace were 19th in the Premier League wages table, and made a profit before tax of £23m hardly Man C standards set at a staggering financial loss of £194.9m in November 2011, and they still lost £23m last season, and what happened to them "nothing", plus on Jun 29 2015, UEFA announced FFP would be "eased" in response to a number of lawsuits which are currently on-going in courts.
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sydtheeagle England 01 Jan 16 9.18am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote NickinOX at 01 Jan 2016 2.15am
Quote Sg Bilko at 31 Dec 2015 1.10pm
Quote jamiemartin721 at 31 Dec 2015 11.26am
Quote PalaceJam at 31 Dec 2015 12.13am
I'd fully support Austin or Remy joining Palace. I think both men would be pleased to join our club. The trouble is the clubs in competition with us for European qualification will do everything in their power to block Palace from acquiring a genuinely dangerous striker. If I were Tottenham in particular, that would be my perspective. Of course, they can't buy everyone, but they can surely target our top choices and make it extremely difficult for CPFC. It's a big test for the club's financial clout. Not only do we need to outmuscle a bigger club for a quality striker, but we must also hold on to Bolasie. It's no secret that bloody Spurs are trying to halt Palace's rise by transferring Bolasie. They realize Palace are getting uncomfortably close to breaking their grip on that steady European football money. Let's see how strong the club is. Edited by PalaceJam (31 Dec 2015 12.17am) Problematically, I believe we might also be on the cusp of the financial fair play limits, and you can be sure that if by some miracle we made the champions league or Europe, but broke the FFP we'd be excluded (where as say City wouldn't be). No way, The club are a long way from breaching the FFP rules, to do so they need to exceed £105m of losses over the previous 3 years, and as we were in profit the first two season in the Premier League Palace have nothing to worry about, the last loss we made was in our promotion season of 2012-13. We spent very wisely in the summer window adding only Yohan Cabaye £11,6m, Alex McCarthy £3,5m Connor Wickham £7m Bakary Sako Unattached and sold Murray and Bannen for £6m that's £16.1m outlay. We spent £27+m on players, Fraizer Campbell £900k, Brede Hangeland Free, Martin Kelly £1.5m, James McArthur £7m, Zeki Fryers £1.5m, Jordon Mutch £5.75m, Pape Souaré £3.4m, Keshi Anderson £35k, Lee Chung-yong £1.25m, Wilfried Zaha £6m, and recouped only £1.4m for Jose Campana in season 14-15, that's £25m far in excess of this season, even with the expenditure of last season CPFC 2010 they will still turn in a higher profit than the before tax £23m of 2013-14. I have read that there is a new section that relates specifically to salary. If so, that might be where there is a problem (as is claimed and this response assumes). Correct. There is a problem and it does relate to salary. It has been fairly widely reported that we are on the edge of breaking financial fair play rules and will likely need to offload some players to bring many in. The issue is salary as a percentage of turnover, not the amount of wages we pay (and the transfer market has little to do with it.). I believe that's where the rule comes in. This disadvantages smaller clubs as, because the "big" clubs have bigger grounds and broader global marketing income they have higher turnovers and are, thus, allowed to spend more money on salaries. The percentage is the same for all clubs but 60% of 300 million turnover (for instance) is greater than 60% of 100 million. The bottom line is that while we may have the money to pay a player the same amount as Man. Utd. they have more scope to sign that player as their allowed "salary cap" is higher than ours. On the other hand, this rule does prevent smaller clubs from overspending and, thus, protects their businesses and obviates the likelihood of another Bolton. By the way, 2015 was the first year in Premier League history that salaries as a percentage of turnover dropped and I think 19 of the 20 clubs made a profit. This, in my view, is the single biggest reason that the league is becoming more equal, but that's another thread.
Sydenham by birth. Selhurst by the Grace of God. |
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Zebedee Surrey 01 Jan 16 9.48am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Put it bluntly
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sydtheeagle England 01 Jan 16 10.02am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote Zebedee at 01 Jan 2016 9.48am
Put it bluntly Agreed, but...there's always a deal to be done. You just have to work it out.
Sydenham by birth. Selhurst by the Grace of God. |
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Zebedee Surrey 01 Jan 16 10.16am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote sydtheeagle at 01 Jan 2016 10.02am
Quote Zebedee at 01 Jan 2016 9.48am
Put it bluntly Agreed, but...there's always a deal to be done. You just have to work it out. Oh yes to be sure, For my sins I listen to the sports bar on talksport where they talk to Austin once a week or so. He doesn't seem a bad lad and all he kept saying is "I have to think of my family and not upsetting them with a move" this and the fact he retweeted an article stating that he turned down Palace last window to help QPR push for promotion, Makes me wonder if he wants to go with us but he just wants all the money he can get! He has openly admitted he won't make the England squad as he chose QPR instead of a move.
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Lombardos barber 01 Jan 16 10.31am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote Zebedee at 01 Jan 2016 10.16am
Quote sydtheeagle at 01 Jan 2016 10.02am
Quote Zebedee at 01 Jan 2016 9.48am
Put it bluntly Agreed, but...there's always a deal to be done. You just have to work it out. Oh yes to be sure, For my sins I listen to the sports bar on talksport where they talk to Austin once a week or so. He doesn't seem a bad lad and all he kept saying is "I have to think of my family and not upsetting them with a move" this and the fact he retweeted an article stating that he turned down Palace last window to help QPR push for promotion, Makes me wonder if he wants to go with us but he just wants all the money he can get! He has openly admitted he won't make the England squad as he chose QPR instead of a move. Presumably wouldn't leave Londob then from what you say about his family. This could be a goer; the outlay would not be huge, our approach favours British players and he is a proven Prem goalscorer. A risk because of injuries but then won't command the £15m+ fee for other good top-level strikers.
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Sg Bilko Deurne Holland 01 Jan 16 11.00am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote sydtheeagle at 01 Jan 2016 9.18am
Quote NickinOX at 01 Jan 2016 2.15am
Quote Sg Bilko at 31 Dec 2015 1.10pm
Quote jamiemartin721 at 31 Dec 2015 11.26am
Quote PalaceJam at 31 Dec 2015 12.13am
I'd fully support Austin or Remy joining Palace. I think both men would be pleased to join our club. The trouble is the clubs in competition with us for European qualification will do everything in their power to block Palace from acquiring a genuinely dangerous striker. If I were Tottenham in particular, that would be my perspective. Of course, they can't buy everyone, but they can surely target our top choices and make it extremely difficult for CPFC. It's a big test for the club's financial clout. Not only do we need to outmuscle a bigger club for a quality striker, but we must also hold on to Bolasie. It's no secret that bloody Spurs are trying to halt Palace's rise by transferring Bolasie. They realize Palace are getting uncomfortably close to breaking their grip on that steady European football money. Let's see how strong the club is. Edited by PalaceJam (31 Dec 2015 12.17am) Problematically, I believe we might also be on the cusp of the financial fair play limits, and you can be sure that if by some miracle we made the champions league or Europe, but broke the FFP we'd be excluded (where as say City wouldn't be). No way, The club are a long way from breaching the FFP rules, to do so they need to exceed £105m of losses over the previous 3 years, and as we were in profit the first two season in the Premier League Palace have nothing to worry about, the last loss we made was in our promotion season of 2012-13. We spent very wisely in the summer window adding only Yohan Cabaye £11,6m, Alex McCarthy £3,5m Connor Wickham £7m Bakary Sako Unattached and sold Murray and Bannen for £6m that's £16.1m outlay. We spent £27+m on players, Fraizer Campbell £900k, Brede Hangeland Free, Martin Kelly £1.5m, James McArthur £7m, Zeki Fryers £1.5m, Jordon Mutch £5.75m, Pape Souaré £3.4m, Keshi Anderson £35k, Lee Chung-yong £1.25m, Wilfried Zaha £6m, and recouped only £1.4m for Jose Campana in season 14-15, that's £25m far in excess of this season, even with the expenditure of last season CPFC 2010 they will still turn in a higher profit than the before tax £23m of 2013-14. I have read that there is a new section that relates specifically to salary. If so, that might be where there is a problem (as is claimed and this response assumes). Correct. There is a problem and it does relate to salary. It has been fairly widely reported that we are on the edge of breaking financial fair play rules and will likely need to offload some players to bring many in. The issue is salary as a percentage of turnover, not the amount of wages we pay (and the transfer market has little to do with it.). I believe that's where the rule comes in. This disadvantages smaller clubs as, because the "big" clubs have bigger grounds and broader global marketing income they have higher turnovers and are, thus, allowed to spend more money on salaries. The percentage is the same for all clubs but 60% of 300 million turnover (for instance) is greater than 60% of 100 million. The bottom line is that while we may have the money to pay a player the same amount as Man. Utd. they have more scope to sign that player as their allowed "salary cap" is higher than ours. On the other hand, this rule does prevent smaller clubs from overspending and, thus, protects their businesses and obviates the likelihood of another Bolton. By the way, 2015 was the first year in Premier League history that salaries as a percentage of turnover dropped and I think 19 of the 20 clubs made a profit. This, in my view, is the single biggest reason that the league is becoming more equal, but that's another thread. Read the UEFA links I provided you will see that's not the case.
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The eagle's 01 Jan 16 11.21am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Charlie Austin won't be coming to palace his staying at QPR until the end of the season so he will be a free agent means he can ask for what he wants when it comes to him signing a contract with another team GREED COMES TO MIND
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sydtheeagle England 01 Jan 16 11.35am | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote Sg Bilko at 01 Jan 2016 11.00am
Read the UEFA links I provided you will see that's not the case. That would be a waste of time since the Premier League (and Championship) follow their own FFP rules and not UEFA's.
Sydenham by birth. Selhurst by the Grace of God. |
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Petereagle Brockley 01 Jan 16 12.47pm | |
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This post has been merged from a topic called 'Charlie Austin (rumour)' by james03 Quote The eagle's at 01 Jan 2016 11.21am
Charlie Austin won't be coming to palace his staying at QPR until the end of the season so he will be a free agent means he can ask for what he wants when it comes to him signing a contract with another team GREED COMES TO MIND I agree Austin will most likely stay and in any case I am not convinced he represents the best skill set which Palace need. QPR are desperate to lower their wage bill, and therefore the chances are they will be keen to sell Caulker, which will boost our defensive options. However we obviously need a striker pretty urgently. So maybe Remy on loan or on a permanent is the more likely scenario. I am sure there will be a lot to talk about with Chelsea tomorrow, irrespective of the match itself.
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