ONEDUNME
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Anyone heard of it before?
http://www.bbc.co.uk/sport/0/football/20319573
Wigan owner Dave Whelan believes Premier League clubs will vote for a new break-even rule on Thursday.
Under plans which could be introduced next season, clubs would not be allowed to spend more cash than they generate.
Whelan told BBC Sport: "I think the clubs will say break-even is something they want. We could definitely see it."
The rule would mark a major change for the league, with champions Manchester City, for example, having made a £197m loss in their latest set of results.
Premier League clubs made cumulative losses of £361m in 2010-11, the most recent season for which there are complete financial results.
"This break-even rule will stop clubs getting into the red," he said. "There's nothing worse than seeing a club like Portsmouth getting into financial trouble - or Rangers, who are such a big and powerful club.
"I don't think Fulham want anything at all to do with it but generally it is accepted it's a very good rule. If it's passed on Thursday I think it's going to be a very good thing for football."
There could still be some flexibility permitted under any potential change, with wealthy owners allowed to put additional money in.
Uefa will introduce its own financial fair play rules next season, permitting clubs to make only set losses in the first three seasons. Failure to comply would result in exclusion from either the Champions League or Europa League.
I must admit I haven't looked too deeply into UEFA's fair play rule but if the paragraph above applies and the only sactions are going to be exclusion from the Champion's League or Europa cup then that's not going to stop desperate chairmen from trying to avoid relegation by swamping their clubs in debts that they may never recover from. Not that I think for one minute that UEFA give a fuck about anyone but UEFA - just saying.
So, hypothetical example, what's to stop Liverpool from spending the next three seasons spending millions and millions of pounds to get themselves out of the bottom half of the table and into the top 8 again AND THEN, when they have a squad choc-full with world class players, they fall into line and play the fair play game, having been able to make improvements spending money that the top teams haven't been able to spend due to the fair play restrictions and them wanting to compete in Europe?
I'm not saying the current system is good - I just don't understand how this fair-play bollocks works. I hear some dodgy dealing has been done with the naming rights to Man City's stadium and that that money (even though it comes indirectly from the owners) will be able to be classed as income for purposes of the "fair play" rules.
All this in a season that Chelsea make their first profit for years.
http://www.bbc.co.uk/sport/0/football/20319573
Wigan owner Dave Whelan believes Premier League clubs will vote for a new break-even rule on Thursday.
Under plans which could be introduced next season, clubs would not be allowed to spend more cash than they generate.
Whelan told BBC Sport: "I think the clubs will say break-even is something they want. We could definitely see it."
The rule would mark a major change for the league, with champions Manchester City, for example, having made a £197m loss in their latest set of results.
Premier League clubs made cumulative losses of £361m in 2010-11, the most recent season for which there are complete financial results.
Premier League clubs' latest financial results
With 14 clubs needed to vote in favour of the proposals for them to pass, Whelan says Fulham are the only club opposed to any kind of new rules being brought in.- Man City: £197m LOSS (2010-11)
- Man Utd: £23.3m PROFIT (2011-12)
- Chelsea: £1.4m PROFIT (2011-12)
- Arsenal: £36.6m PROFIT (2011-12)
- Tottenham: £32.3m PROFIT (2010-11)
- Liverpool: £49.4m LOSS (2010-11)
- Newcastle: £3.9m LOSS (2010-11)
- Wigan: £7.2m LOSS (2010-11)Representatives of the 20 top-flight teams will discuss the issue of financial regulation at one of their regular "shareholder meetings" in London on Thursday.
"This break-even rule will stop clubs getting into the red," he said. "There's nothing worse than seeing a club like Portsmouth getting into financial trouble - or Rangers, who are such a big and powerful club.
"I don't think Fulham want anything at all to do with it but generally it is accepted it's a very good rule. If it's passed on Thursday I think it's going to be a very good thing for football."
There could still be some flexibility permitted under any potential change, with wealthy owners allowed to put additional money in.
Uefa will introduce its own financial fair play rules next season, permitting clubs to make only set losses in the first three seasons. Failure to comply would result in exclusion from either the Champions League or Europa League.
I must admit I haven't looked too deeply into UEFA's fair play rule but if the paragraph above applies and the only sactions are going to be exclusion from the Champion's League or Europa cup then that's not going to stop desperate chairmen from trying to avoid relegation by swamping their clubs in debts that they may never recover from. Not that I think for one minute that UEFA give a fuck about anyone but UEFA - just saying.
So, hypothetical example, what's to stop Liverpool from spending the next three seasons spending millions and millions of pounds to get themselves out of the bottom half of the table and into the top 8 again AND THEN, when they have a squad choc-full with world class players, they fall into line and play the fair play game, having been able to make improvements spending money that the top teams haven't been able to spend due to the fair play restrictions and them wanting to compete in Europe?
I'm not saying the current system is good - I just don't understand how this fair-play bollocks works. I hear some dodgy dealing has been done with the naming rights to Man City's stadium and that that money (even though it comes indirectly from the owners) will be able to be classed as income for purposes of the "fair play" rules.
All this in a season that Chelsea make their first profit for years.