Shogun wrote: ↑Fri Jun 14, 2024 4:34 pm
I'd rather take the points penalty than sell him £35m less than he's worth.
If he won't make a stink about it, I was thinking maybe just take the points deduction, period, end of? This assumes we actually can close a sale and don't need the moneys to pay our light bill, etc.
Left-footed, pacy, ball playing center halves don't grow on trees.
"The best you can hope for is to die in your sleep." - Kenny Rogers (plausible Evertonian)
Surely it's pretty much established now that it would only be 2pts if we breached (although who really knows. They make it up as they go along so it could be a million or a wank off a beautiful woman)
Wouldn't be looking to sell anyone significantly under what we think they are worth to save 2 points
777Kidnappings wrote: ↑Sat Jun 15, 2024 7:41 am
Surely it's pretty much established now that it would only be 2pts if we breached (although who really knows. They make it up as they go along so it could be a million or a wank off a beautiful woman)
Wouldn't be looking to sell anyone significantly under what we think they are worth to save 2 points
Didn’t they give us 6, then Forrest 4 points, then us an extra 2? Not that it’ll work that way but that balances it out to 4 points for a breach and given they’ve made it up as they go along this might establish some precedent.
I think it’s a bit of a joke that they gave Forrest the deduction really given the accounting period ends a third of the way through the transfer window. How does being forced to sell players cheap make clubs profitable and sustainable. Idiotic rules
I also heard someone mention we could just change our end of year date from June to July to give ourselves an extra month. Doesn't seem right but who'd have thought you could sell a hotel to yourself
MayorFarnham wrote: ↑Sun Jun 16, 2024 8:22 am
The irony of ffp forcing us to sell our assets for under market value sums up the whole system.
I mean it's beyond ridiculous isn't it. Selling under market value to the teams who have little to ever worry about ffp wise.
Ffp could actually drive a team into administration. It does nothing to stop you getting into a mess and then when you're there it drives you further into it with loss of prize money and being unable to sell playing assets for their worth.
777Kidnappings wrote: ↑Sun Jun 16, 2024 10:51 am
I mean it's beyond ridiculous isn't it. Selling under market value to the teams who have little to ever worry about ffp wise.
Ffp could actually drive a team into administration. It does nothing to stop you getting into a mess and then when you're there it drives you further into it with loss of prize money and being unable to sell playing assets for their worth.
FFP is an on-paper regulation which can seriously affect the actual finances of the business itself.
To adhere to it, it forces the business to sell assets at a discounted value in order to meet an arbitrary P&L limit, which ordinarily it probably wouldn't have to do if the P&L limit had not been there.
So you are absolutely right, it not only puts the business in a worse financial position, but it means the club's playing staff and assets are negatively impacted in a way that affects competitiveness.