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Joined: May 2012
Posts: 3
Trialist
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Trialist
Joined: May 2012
Posts: 3 |
I've been trying to do as much research as possible, finding out if there is a serious financial crisis looming at Liverpool, will a new stadium be built in time for 2015 and if the Financial Fair Play rules will affect us immensely.
Anyone have any views on these serious topics?
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Joined: Oct 2009
Posts: 27,628
Liverpool Legend
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Liverpool Legend
Joined: Oct 2009
Posts: 27,628 |
I would think the recession is hitting all clubs and the sky high ticket prices they want to charge. And Liverpool simply have to be in the champions league as soon as possible. Unless we break out of our current status then the drawbridge will be up by 2015 and Liverpool will be shut out under the FFP. Currently we are well below our rivals in terms of turnover
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Joined: May 2010
Posts: 12,422
1st Team Regular
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1st Team Regular
Joined: May 2010
Posts: 12,422 |
I've been trying to do as much research as possible, finding out if there is a serious financial crisis looming at Liverpool, will a new stadium be built in time for 2015 and if the Financial Fair Play rules will affect us immensely.
Anyone have any views on these serious topics? welcome to koptalk
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Joined: Jan 2012
Posts: 266
Under 16 Player
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Under 16 Player
Joined: Jan 2012
Posts: 266 |
Welcome mate.I'm not sure but i think a new stadium doesn't affect ffp rules
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thundyr
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thundyr
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Welcome mate.I'm not sure but i think a new stadium doesn't affect ffp rules Well, technically it does because spending on the squad must be relative to one's profit, give or take 40m pounds. So if we're financing a stadium then our profit will be lower and therefore so will our ability to invest in the squad, unless someone buys said stadium for us in exchange for the naming rights.
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Joined: Sep 2009
Posts: 15,010
1st Team Regular
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1st Team Regular
Joined: Sep 2009
Posts: 15,010 |
UEFA president Michel Platini has told clubs to be careful about what they spend under new rules and is concerned about what could happen to Manchester City if their owners leave the club.
Financial Fair Play rules are being introduced to make sure European football is played on a more level playing field and by 2013/14 clubs will be required to break even on their balance sheets.
For the first couple of years a €45m (£36m) deficit will be considered an 'acceptable deviation' but clubs will then start getting punished for spending more than they earn.
Manchester City have invested heavily in their squad since Sheikh Mansour's Abu Dhabi United Group took over and this season they became Premier League champions.
Platini insists that money does not guarantee success, however, and has fired a warning about the future.
"We have to protect the clubs, because until they pay Manchester City will be happy but if they (the owners) leave Manchester City what is going to happen with this club?" Platini said in an interview with Fox Soccer America and broadcast on Sky Sports News.
Luis Garcia, He drinks sangria
He came from Barca, to bring us Joy
He's five foot seven, he's football heaven
please don't take my Luis away.
"...AND 32 MILLION POUNDS WORTH OF GOALKEEPER CAN'T DO A THING ABOUT IT"
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Joined: Jun 2011
Posts: 4,307
Under 23 Player
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Under 23 Player
Joined: Jun 2011
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Welcome mate.I'm not sure but i think a new stadium doesn't affect ffp rules Well, technically it does because spending on the squad must be relative to one's profit, give or take 40m pounds. So if we're financing a stadium then our profit will be lower and therefore so will our ability to invest in the squad, unless someone buys said stadium for us in exchange for the naming rights. Is capital expenditure not removed from FFP? Say if Liverpool spend 100m on a stadium and have a loss for the year of 110m, according to FFP rules is it only 10m loss?
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thundyr
Unregistered
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thundyr
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Welcome mate.I'm not sure but i think a new stadium doesn't affect ffp rules Well, technically it does because spending on the squad must be relative to one's profit, give or take 40m pounds. So if we're financing a stadium then our profit will be lower and therefore so will our ability to invest in the squad, unless someone buys said stadium for us in exchange for the naming rights. Is capital expenditure not removed from FFP? Say if Liverpool spend 100m on a stadium and have a loss for the year of 110m, according to FFP rules is it only 10m loss? Good spot that, Maxi88. Here is the full wording: "Expenditure such as youth development, stadium infrastructure and community development does not count towards FFP. Depreciation on tangible fixed assets is also excluded." So it looks like the stadium is completely separate from FFP.
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Joined: Oct 2009
Posts: 27,628
Liverpool Legend
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Liverpool Legend
Joined: Oct 2009
Posts: 27,628 |
Sounds like it is on your core trading P&L.
So a new stadium would help us under FFP rules by generating more fan revenue, corporate and sponsorship.
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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thundyr
Unregistered
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thundyr
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Sounds like it is on your core trading P&L.
So a new stadium would help us under FFP rules by generating more fan revenue, corporate and sponsorship. Yes, it does seem that way. The only problem is a) how to wake the Liverpool council up and actually move ahead with the plans, and b) how to afford it/get someone to pay for it.
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