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Financial Fair Play

Re: Let's NOT Laugh At Arsenal

Of course you'd all be around :lol:

We get taken over, we begin to buy players who we've always wanted at the club. We compete at the top of the table against the likes of Emirates Marketing Project and Man Utd. We have a better opportunity of doing better in the cup competitions and you can bet your bottom dollar that we'd be competing in the Champions League every single year. Sure it'd be "lottery money" but you would all still celebrate like nobody if we won the Premier League thanks to a 90th minute Aaron Lennon winner.
 
Re: O/T Financial Fair Play

He constantly talks about Joe Lewis like he is on a similar level to Mansour and Abramovich. ](*,)
 
Re: O/T Financial Fair Play

'As for Levy, some magician. Isn’t your club actually owned by billionaire tax exile Joe Lewis?'



Which would be relevant if he threw money at the club, something none of us have seen any evidence of.
 
Re: O/T Financial Fair Play

Spursalot said:
'As for Levy, some magician. Isn’t your club actually owned by billionaire tax exile Joe Lewis?'



Which would be relevant if he threw money at the club, something none of us have seen any evidence of.
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Yeah. Seriously, the man needs educating.
 
Re: O/T Financial Fair Play

Once again, I find myself broadly agreeing with Martin Samuel - though obviously not with some of his more childish and ignorant digs at Spurs.

The truth of the matter is that this is a stitch up by Utd, Arsenal, Liverpool and - shamefully and mystifyingly - Spurs. It has nothing to do with a worthy aim of preventing financial meltdowns such as those that have afflicted the likes of Portsmouth and Leeds. Nor does it have anything to do with fair play. The clubs involved have no interest in fair play. They merely want to maintain a status quo that will see them granted a financial advantage of giant proportions in perpetuity.

There has been no financial fair play in England since the 1980's - from the moment that gate revenues for every game were no longer shared equally between the two competing clubs. Since then, the gap has widened into an unbridgeable chasm.

Now, of course I don't like the fact that Chelsea and Emirates Marketing Project are financially doped. We have suffered more than any other club as a consequence. But there's nothing illegal in what they're doing. Nor is there anything immoral about it. In every sector, huge investment is one of the ways in which companies can grow from cottage industries to giant multinationals. Certainly, there is nothing more immoral about what Chelsea and City are doing than what the top clubs did in the early 1990's when their greed, and their complete disregard for other clubs, led to the founding of the Premier League.

And the thing about what Chelsea and City are doing is that, in theory anyway, it is a path that is open to all - big club and small. What Man Utd, Arsenal et al are proposing, however, is the complete opposite - a closed shop. If you're not already one of the elite, then fudge you. You're out forever.

It stinks. And I would rather that my club had no part in it.
 
Re: O/T Financial Fair Play

A club is built on many things. Rich benefactors like Jack Walker, RA and the Sheiks have taken their teams to titles over clubs with far bigger fanbases.

And of course teams like Chelsea and City have see their fanbase expand on the back of their success.

Revenue is probably the key determinant for success. The three clubs with effectively the biggest revenue, i.e. including owner funds and all sources of revenue have been the three that have dominated the title, and indeed the trophy board in general during the past 3 years.
 
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Re: O/T Financial Fair Play

I'm also ambivalent towards this FFP proposal as it merely seems a way to guarantee that the rich clubs get richer and the rest will be prevented from ever joining them and winning some trophies.

As the likes of ManUre / Madrid/ Barelona historically have enormous fan bases which guarantee them a turnover we can never match, thus they will always be able to lure players away from smaller clubs like us by offering them astronomical wages and a near certainty that they will win silverware. Hence why even a top 4 club like ARSEnal can't prevent their star players like Henry, Fabregas and RvP from leaving just as we were unable to prevent Modric, Carrick and Berbatov from ditching us.

I can understand why our prudent chairman would want to go along with FFP as it should slow down the obscene inflation of players' salaries but it is highly unlikely to make Spurs any more likely to overtake the likes of ManUre and finally win a Premier League league title, as they will continue to enjoy a massive financial advantage over us which allows them to cherry pick the best players in the EPL.

Personally I'd like to see something like the "Luxury Tax" suggested in this thread adopted by UEFA http://www.glory-glory.co.uk/showthread.php?3595-O-T-whats-wrong-with-a-wage-and-salary-cap but there's sod all chance of it happening as that would mean the G14 would not be able to easily outspend everyone else and continue their historical dominance of football' silverware.
 
Re: O/T Financial Fair Play

Danners9 said:
Chelsea were on the curve towards the top, City were not as far along that line.
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Chelsea were on the curve towards bankruptcy that very year.

City were screamingly average, Georghe Kinkladze and Uwe Rosler were their stars back in the day.
 
Re: O/T Financial Fair Play

Bullet said:
Chelsea were on the curve towards bankruptcy that very year.

City were screamingly average, Georghe Kinkladze and Uwe Rosler were their stars back in the day.
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Seem to remember that if they had not made top 4 they would have gone bust and as it was they were talking about selling players that very week that roman took them over. GHod how close we came to see those pikey bastards gone.

So many fans that now call themselves chelsea fans would have been following man u or someone and we would have been at the top table.
 
Re: Let's NOT Laugh At Arsenal

DubaiSpur said:
You sure about that? I don't know you personally, but I don't think you would. You'd still be around, because Tottenham Hotspur's still around. That's the Faustian bargain you entered into. We all did.

Sure, you'd probably lose interest, or attempt to switch over, or try to detach yourself. I'd try to do the same. But I know I'd fail, because deep down, I chose Spurs because of what we are, not because of who we're owned by. So yeah, I'd still be around, and I'm quietly confident you'd be too.
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Spurs will always be my club, however if we were to get that bored billioniare my S/T ( and i have had one for more years then i can remember) will not be renewed.
 
Re: Let's NOT Laugh At Arsenal

Mumorn said:
Of course you'd all be around :lol:

We get taken over, we begin to buy players who we've always wanted at the club. We compete at the top of the table against the likes of Emirates Marketing Project and Man Utd. We have a better opportunity of doing better in the cup competitions and you can bet your bottom dollar that we'd be competing in the Champions League every single year. Sure it'd be "lottery money" but you would all still celebrate like nobody if we won the Premier League thanks to a 90th minute Aaron Lennon winner.
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Well said.

I would love it to win the title. To me it's irrelevant whether it's lottery money, TV money or gate money. It's all money to me, and the more of it we can get the more I would like it.

There would be plenty of people to take any unrenewed season tickets. We'd have an even bigger waiting list than we did now, if we actually started winning things, especially the 'Big 2' trophies.
 
Re: O/T Financial Fair Play

Bullet said:
Chelsea were on the curve towards bankruptcy that very year.

City were screamingly average, Georghe Kinkladze and Uwe Rosler were their stars back in the day.
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Exactly. Take away the billionaires that have transformed them and we'd be above both Chelsea and City most seasons.
 
Re: O/T Financial Fair Play

Bullet said:
Chelsea were on the curve towards bankruptcy that very year.

City were screamingly average, Georghe Kinkladze and Uwe Rosler were their stars back in the day.
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Not talking financially, or comparing year for year. Chelsea were a top 4 team when Roman took over. City were midtable but on the up when Sheikh Mansour took over.
 
Re: O/T Financial Fair Play

Danners9 said:
Not talking financially, or comparing year for year. Chelsea were a top 4 team when Roman took over. City were midtable but on the up when Sheikh Mansour took over.
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Yes, but Bullet is making the point that they got to that point by over-extending themselves. There were rumours they were only days/weeks from their debts being called in.

City were on the up on the field when Mansoor took over because of big spending by Thaksin Shinawatra. However, they were also in financial trouble because the latter had become an international fugitive and had his assets frozen.
 
Re: O/T Financial Fair Play

jts1882 said:
Yes, but Bullet is making the point that they got to that point by over-extending themselves. There were rumours they were only days/weeks from their debts being called in.

City were on the up on the field when Mansoor took over because of big spending by Thaksin Shinawatra. However, they were also in financial trouble because the latter had become an international fugitive and had his assets frozen.
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Indeed - I could get a mortgage on a mansion, go and put a deposit down for a Ferrari and buy a wardrobe of sharp suits and be on top of the world... but... then I'd have to pay for it.

Chelsea even had to change their name from Chelsea Football Club to Chelsea Football and Athletics Club or somesuch to dodge creditors, IIRC
 
Re: O/T Financial Fair Play

Both City and Chelsea had been spending beyond their natural means at the time of their latest takeovers, Mansour and Abramovich just took it further.
 
Re: O/T Financial Fair Play

the second part of that analogy is that you then sell weekend breaks at the mansion and rent out the ferrari to cover the payments on all of it, long term your up

its all capex
 
Re: Let's NOT Laugh At Arsenal

Mumorn said:
you would all still celebrate like nobody if we won the Premier League thanks to a 90th minute Aaron Lennon winner.
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Speak for yourself, for me the whole point of a competition is to compete.

If Team GB started the 100m race from the 50m mark and won, I wouldn't celebrate the gold medal.

In fact I'd be rather embarrassed.
 
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