We need to offload some players, only SKD and Ricketts have gone from the 1st team squad [unfortunately].
NIXON's news today!
+14
xmiles
Born to be a wanderer
Copper Dragon
Jamster26
Boggersbelief
MartinBWFC
NickFazer
aaron_bwfc
terenceanne
Soul Kitchen
observer
Hipster_Nebula
scottjames30
Sluffy
18 posters
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22 Re: NIXON's news today! Sun Jul 28 2013, 17:10
MartinBWFC
Ivan Campo
I expect things will be a whole lot different come the end of the transfer window, and we will be better off for it.
23 Re: NIXON's news today! Sun Jul 28 2013, 17:14
Guest
Guest
bwfc1874 wrote:We have far more going for us long term than Palace do, he knows if he can get us back up we're far better prepared to stay up.
You'll have to clarify this one for me Boggers.
Two similar sized clubs, but one is in the Championship with £135m worth of debt, the other is in the PL with little debt.
With that amount of debt it's highly unlikely we'll ever cement a place in the PL again.
24 Re: NIXON's news today! Sun Jul 28 2013, 17:26
Guest
Guest
Passi wrote:bwfc1874 wrote:We have far more going for us long term than Palace do, he knows if he can get us back up we're far better prepared to stay up.
You'll have to clarify this one for me Boggers.
Two similar sized clubs, but one is in the Championship with £135m worth of debt, the other is in the PL with little debt.
With that amount of debt it's highly unlikely we'll ever cement a place in the PL again.
Let me clarify, Im certainly not Boggers.
Bolton are a bigger club in pretty much every way (history, stadium, facilities) but that is largely irrelevant.
The infrastructure is that of a premier league club, we may have a big debt to the owner but everything is already in place for us to be in the premier league - An academy that was recently awarded top status, a state of the art stadium and training ground, plus a much bigger wage budget for players and staff allowing Dougie to reintroduce the sports science teams.
Palace don't have an elite academy, have a smaller wage budget (although I don't know what they'll be doing next year) and both Selhurst Park and their training ground in Beckenham desperately need a revamp, neither come close to ours.
They'll get relegated this year, I've got little doubt of that. They've struggled to attract players and have a poor manager. I heard Steve Parrish on the radio just after their promotion he's sounds like a good chairman, but very realistic. He knows that it's most important for them to improve their infrastructure so long term they can compete, rather than short term throwing money at trying to stay up, getting relegated and being in the same position again.
25 Re: NIXON's news today! Sun Jul 28 2013, 17:32
Boggersbelief
Nat Lofthouse
"I'm certainly not boggers"
Is that another dig?
Is that another dig?
26 Re: NIXON's news today! Sun Jul 28 2013, 17:47
Guest
Guest
Another dig? Where was my first?
This was just for clarification's sake.
This was just for clarification's sake.
27 Re: NIXON's news today! Sun Jul 28 2013, 17:50
Boggersbelief
Nat Lofthouse
Well it's obvious that you aren't me so I took it as a dig.
My mistake!
My mistake!
28 Re: NIXON's news today! Sun Jul 28 2013, 17:56
Guest
Guest
bwfc1874 wrote:
Let me clarify, Im certainly not Boggers.
Sorry!
29 Re: NIXON's news today! Tue Jul 30 2013, 21:52
Sluffy
Admin
Todays news from Mr Nixon from about 40 mins ago -
Q - anything happened at bolton today?
Nixon - Something u should take advantage of ... if not, why not.
Don't know what that is all about?
Q - anything happened at bolton today?
Nixon - Something u should take advantage of ... if not, why not.
Don't know what that is all about?
31 Re: NIXON's news today! Tue Jul 30 2013, 22:15
Copper Dragon
Ivan Campo
Sluffy wrote:Todays news from Mr Nixon from about 40 mins ago -
Q - anything happened at bolton today?
Nixon - Something u should take advantage of ... if not, why not.
Don't know what that is all about?
I was always told that if you've nothing to say then say nothing.
32 Re: NIXON's news today! Tue Jul 30 2013, 22:15
Born to be a wanderer
Nicolas Anelka
Not feeling confident about Saturday.Zat Knightmare captain only Eagles and Hall can produce anything on the ball,presuming Chungy isn't playing.What happened to the parachute payment as it was supposed to go higher with the new TV deal.Yet we can't afford Spearing Surely there's a few quid in the kitty.Whats all this fair play BOLLOX as well,Monaco came up from leauge 2 in France and have spent about £160-000-000.Seem to remember there ground only holds 20-000 capacity.Thought these rules were brought in to stop Billionaires buying clubs then spend £55-000-000 on one player Falcao.Anyone explain this to me as it fucking stinks of corruption somewhere.
33 Re: NIXON's news today! Tue Jul 30 2013, 22:21
Boggersbelief
Nat Lofthouse
Regarding what Nixon said I think it could be Barry bannan? I'm sure his move to Blackburn has just collapsed.
Probably not..
Probably not..
34 Re: NIXON's news today! Tue Jul 30 2013, 22:24
xmiles
Jay Jay Okocha
Nothing is ever done to stop billionaires doing exactly what they want, when they want, to whoever they want. Anyone who tries to interfere will be bought off or if that fails dealt with in other ways.
Call me cynical if you like but I have never seen any evidence to contradict that view.
Call me cynical if you like but I have never seen any evidence to contradict that view.
35 Re: NIXON's news today! Tue Jul 30 2013, 23:01
BoltonTillIDie
Nat Lofthouse
The fair play is only for the English football league...isn't it?
36 Re: NIXON's news today! Tue Jul 30 2013, 23:04
Boggersbelief
Nat Lofthouse
Try telling man city that
37 Re: NIXON's news today! Tue Jul 30 2013, 23:05
BoltonTillIDie
Nat Lofthouse
Excluding the Premiership...
38 Re: NIXON's news today! Tue Jul 30 2013, 23:11
Boggersbelief
Nat Lofthouse
The rules are for the prem too surely?
39 Re: NIXON's news today! Tue Jul 30 2013, 23:15
Copper Dragon
Ivan Campo
Boggersbelief wrote:The rules are for the prem too surely?
No I'm afraid not.
It was a vote between the Champioship clubs and it was passed. I did say somewhere on here that if Gartside would have got a vote then he would have voted against it.
40 Re: NIXON's news today! Tue Jul 30 2013, 23:16
BoltonTillIDie
Nat Lofthouse
[b style="margin: 0px; padding: 0px;"]The football league is separate to the Premiership[/b]
[b style="margin: 0px; padding: 0px;"]Introduction[/b]
Following two years of detailed discussions, The Football League and its clubs have agreed a Financial Fair Play framework that will operate in all three of its divisions from the beginning of the 2012/13 season. It aims to reduce the levels of losses being incurred at some clubs and, over time, establish a league of financially self-sustaining professional football clubs.
The decision to adopt Financial Fair Play regulations follows a strategic review by The Football League Board which identified the state of club finances as the organisation's greatest challenge. During this process, each division has been given the flexibility to determine its own Fair Play regulations, given that clubs of different sizes face differing financial challenges.
In the Championship, clubs have agreed to introduce a breakeven approach based on the UEFA Financial Fair Play Regulations. Whilst in League 1 and League 2, clubs will implement the Salary Cost Management Protocol (SCMP) that has been in use in the latter division since 2004/05. The SCMP broadly limits spending on total player wages to a proportion of each club's turnover.
How will it work
Financial Fair Play in the Championship will see the introduction of a breakeven model based on UEFA Financial Fair Play Regulations. It will require clubs to stay within pre-defined limits on losses and shareholder equity investment that will reduce significantly over the next five seasons.
The new system will require clubs to provide annual accounts to The Football League by December 1 every year, covering the previous season/financial year. Using this information a 'Fair Play Result' will be determined for each club that will equate to the club's profit/loss for the year, excluding investment in specific areas of club infrastructure or losses in certain extraordinary circumstances.
In order to comply with the Financial Fair Play regulations each club is required to demonstrate a Fair Play Result that is either:
a) nil or greater.
or:
b) A loss of less than the permitted level of acceptable deviation and shareholder equity investment for the season in question.
The permitted level of acceptable deviation and shareholder equity investment will reduce over time from £4m and £8m respectively in 2011/12 to £2m and £3m by 2015/16.
The Football League will establish a Financial Fair Play Panel, led by its Chairman, to consider any challenges by clubs to the determination of the Fair Play Result.
What counts towards the Fair Play Result?
The Fair Play Result is based on the club's profit or loss before tax with the exception of:
• Investment in Youth Development (as defined in the Elite Player Performance Plan)
• The profit affecting element of the purchase, sale and depreciation of fixed assets excluding players (e.g. a club's stadium)
• Investment in a club's Community Scheme
• Promotion related bonus payments
• The profit affecting element of the purchase, sale and depreciation of fixed assets excluding players (e.g. a club's stadium)
• Investment in a club's Community Scheme
• Promotion related bonus payments
A club is also entitled to apply to the Financial Fair Play Panel to have certain exceptional items excluded from the Financial Fair Play Result in a particular year. Such as (but not limited to):
• Career ending injury costs
• Bad debts from other clubs
• Losses sustained from a major sponsor defaulting
• Bad debts from other clubs
• Losses sustained from a major sponsor defaulting
The timetable for implementation
As with UEFA's Financial Fair Play regulations, The Football League will phase in its Financial Fair Play framework for Championship clubs. This is outlined below.
Season 2011/12 2012/13 2013/14 2014/15 2015/16 onwards
Acceptable deviation £4 m £4 m £3 m £3 m £2 m
Shareholder equity investment £8 m £6 m £5 m £3 m £3 m
Total Permitted Allowances £12 m £10 m £8 m £6 m £5 m
Acceptable deviation £4 m £4 m £3 m £3 m £2 m
Shareholder equity investment £8 m £6 m £5 m £3 m £3 m
Total Permitted Allowances £12 m £10 m £8 m £6 m £5 m
The first reporting period will be the current season (2011/12) - with the first set of accounts due to be submitted on 1st December 2012.
[b style="margin: 0px; padding: 0px;"]Sanctions[/b]
Failure to stay within the defined limits will lead to the imposition of sanctions. However, there will be no sanctions implemented during the first two seasons (2012/13 and 2013/14) in order to give clubs a sensible period of transition.
From the 2014/15 season, sanctions will be introduced that will differ depending on whether the club ultimately remained in the Championship, was promoted to the Premier League or was relegated to League 1.
i. Sanctions for clubs remaining in the Championship
Clubs that fail to comply with the Financial Fair Play regulations (from December 1st 2014) will be subject to a transfer embargo. This embargo will come in to force ahead of the subsequent transfer window beginning on January 1, 2015.
The embargo will remain in place until the club is able to lodge financial information that demonstrates that it meets the Financial Fair Play regulations (either for the previous reporting period or a future reporting period).
ii. Sanctions for clubs promoted to the Premier League
Clubs promoted to the Premier League will be required to provide Financial Fair Play information for their promotion season by December 1. Any club found to have breached Financial Fair Play regulations will be required to pay a 'Fair Play Tax' on the excess by which the club failed to fulfil the Fair Play requirement, ranging from 1% on the first £100,000 to 100% on anything over £10m.
The Fair Play Tax will be applied at the following thresholds:
(a) 1% of the excess between £1 and £100,000;
(b) 20% of the excess between £100,001 and £500,000;
(c) 40% of the excess between £500,001 and £1,000,000;
(d) 60% of the excess between £1,000,001 and £5,000,000;
(e) 80% of the excess between £5,000,001 and £10,000,000; and
(f) 100% of the excess over £10,000,000
Any proceeds will be distributed equally amongst clubs that have complied with the Financial Fair Play regulations for the season in question.
(b) 20% of the excess between £100,001 and £500,000;
(c) 40% of the excess between £500,001 and £1,000,000;
(d) 60% of the excess between £1,000,001 and £5,000,000;
(e) 80% of the excess between £5,000,001 and £10,000,000; and
(f) 100% of the excess over £10,000,000
Any proceeds will be distributed equally amongst clubs that have complied with the Financial Fair Play regulations for the season in question.
The Football League is currently in the process of consulting with the Premier League regarding the implementation of these Financial Fair Play regulations.
iii. Sanctions for clubs relegated to League 1
Clubs relegated to League 1 will not be entitled to any payout derived from the Fair Play Tax and will be required to comply with the FFP rules in operation in that division.
Transition arrangements for clubs relegated from the Premier League
Clubs relegated from the Premier League will not be subject to sanctions in their first season in the Championship as long as they have met their financial obligations under Premier League regulations. They would, however, be subject to the potential of a Fair Play Tax if they achieved promotion in their first season in the Championship whilst not complying with the FFP regulations.
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