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FFP expert on TS keys and gray today re QPR
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impose more debt on a club in debt to protect it? qpr 65mill operating debt = big problem...solution..impose another 48mill debtLooking at the other side of it, does the FA etc have a responsibility to stop clubs going bust owing £m's to creditors and the taxman, but more importantly ensuring that innocent fans don't suffer where over indulgent owners destroy clubs? Supposing Sheik M walks away from Man C, and no-one buys it, are their supporters in serious trouble if the club goes bankrupt?Comment
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This!FFP appears to have been designed to stop other clubs doing a Man City and breaking into the top, thereby spoiling the cushy little arrangement of the big clubs. It's one of the reasons the champions league was formed, to protect the big clubs and ensure there was a huge pot of money for them.
The only way to make it fair is to limit the expenditure of all clubs, ie no club in the prem can spend more than say £30m on transfer fees and no club can spend more than say £50m on wages and bonuses per season.
That would stop the likes of Chelski and Man City buying massively expensive players and stop the likes of Rooney earning £300k a week, while at the same time allowing owners of smaller clubs to invest in their team to bring them up to the same level as the big teams.
Hopefully a level playing field could be created and make football a more competitive sport.'Only a Ranger!' cried Gandalf. 'My dear Frodo, that is just what the Rangers are: the last remnant in the South of the great people, the Men of West London.' - Lord of the Rings, Book II, Chapter I - Many Meetings.Comment
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it is all complete nonsense this FFP , its a total restriction of trade and , for example, if you are TF or Sheik Mansour or Roman or the Glazers or Barry Hearn if you have invested your hard earned wedge into a club and then get told suddenly if they it is non profit making so are going to be fined millions . Its illegalComment
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Barry Hearn!? He's hardly ploughed a fortune into Orient! They haven't paid a transfer fee for over 6 yearsit is all complete nonsense this FFP , its a total restriction of trade and , for example, if you are TF or Sheik Mansour or Roman or the Glazers or Barry Hearn if you have invested your hard earned wedge into a club and then get told suddenly if they it is non profit making so are going to be fined millions . Its illegalI should probably write something insightful hereComment
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Oh I see.
I'm not sure why all this matters any way? Our manager has a reputation for frugalityI should probably write something insightful hereComment
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