Cocacolajojo wrote:Quick question: I have just been told that if a club can't abide by the economic restrictions, any sanctions can be avoided if the owner of the club promises to cover the losses. True or false? This would regard total loss or profits, not the salary cap.
Beefymcfc wrote:Cocacolajojo wrote:Quick question: I have just been told that if a club can't abide by the economic restrictions, any sanctions can be avoided if the owner of the club promises to cover the losses. True or false? This would regard total loss or profits, not the salary cap.
Upto a maximum of £105 mil over 3 years.
Cocacolajojo wrote:Beefymcfc wrote:Cocacolajojo wrote:Quick question: I have just been told that if a club can't abide by the economic restrictions, any sanctions can be avoided if the owner of the club promises to cover the losses. True or false? This would regard total loss or profits, not the salary cap.
Upto a maximum of £105 mil over 3 years.
Yeah but I was told that this would also concern losses bigger than that. Meaning that a owner does not have to cover losses up to 105 million pounds but after that, sanctions can be made unless the owner promises to cover the losses.
True or false?
Clowncrete wrote:So, I hear there is a salary cap. Is it a flat salary cap for the entire club or individual salary cap for players?
phips wrote:Of course Mancini comes out in opposition to this.....he liked his position here at a club that could buy virtually any player. that was his advantage. but that appears to be going away and he doesn't like that. he doesn't want a fair, level playing field.
Cocacolajojo wrote:Beefymcfc wrote:Cocacolajojo wrote:Quick question: I have just been told that if a club can't abide by the economic restrictions, any sanctions can be avoided if the owner of the club promises to cover the losses. True or false? This would regard total loss or profits, not the salary cap.
Upto a maximum of £105 mil over 3 years.
Yeah but I was told that this would also concern losses bigger than that. Meaning that a owner does not have to cover losses up to 105 million pounds but after that, sanctions can be made unless the owner promises to cover the losses.
True or false?
Alex Sapphire wrote:Cocacolajojo wrote:Beefymcfc wrote:Cocacolajojo wrote:Quick question: I have just been told that if a club can't abide by the economic restrictions, any sanctions can be avoided if the owner of the club promises to cover the losses. True or false? This would regard total loss or profits, not the salary cap.
Upto a maximum of £105 mil over 3 years.
Yeah but I was told that this would also concern losses bigger than that. Meaning that a owner does not have to cover losses up to 105 million pounds but after that, sanctions can be made unless the owner promises to cover the losses.
True or false?
This is what the PL says:
From the 2013/14 season Premier League clubs cannot make a loss in excess of £105m aggregated across seasons 2013/14, 2014/15 and 2015/16.
Any club that makes a loss up to that limit will be subject to a tighter regulatory regime that includes:
- Secure owner funding for three years ahead
- Increased future financial information over the next three seasons.
Short-Term Cost Control Measure
Premier League clubs are restricted in terms the amount of increased PL Central Funds that can be used to increase current player wage costs to the tune of:
2013/14: £4m
2014/14: £8m
2015/16: £12m
The Short Term Cost Control measure applies only to clubs with a player wage bill in excess of £52m in 2013/14, £56m in 2014/15 and £60m in 2015/16.
phips wrote:Of course Mancini comes out in opposition to this.....he liked his position here at a club that could buy virtually any player. that was his advantage. but that appears to be going away and he doesn't like that. he doesn't want a fair, level playing field.
Original Dub wrote:phips wrote:Of course Mancini comes out in opposition to this.....he liked his position here at a club that could buy virtually any player. that was his advantage. but that appears to be going away and he doesn't like that. he doesn't want a fair, level playing field.
How very raglike.
Original Dub wrote:phips wrote:Of course Mancini comes out in opposition to this.....he liked his position here at a club that could buy virtually any player. that was his advantage. but that appears to be going away and he doesn't like that. he doesn't want a fair, level playing field.
How very raglike.
john68 wrote:Almost to the year Ted. Even a 100 years ago when City were the big boys, the then established clubs didn't like it....The outcome of that was life bans for the whole of the City staff....management, dirctors and players...the whole shabang.
john68 wrote:Almost to the year Ted. Even a 100 years ago when City were the big boys, the then established clubs didn't like it....The outcome of that was life bans for the whole of the City staff....management, dirctors and players...the whole shabang.
Alex Sapphire wrote:
I take it you think the bribery charges in 1905 were trumped up?
Mind we must have had some decent commercial income back then:
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