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Post by sparks on Jun 14, 2023 8:51:06 GMT
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Post by hal9thou on Jun 14, 2023 10:17:55 GMT
Samuelson " If we threaten the EFL with legal action, watch them fall over. "
Often thought - and remember posting - that should have been our approach with them re the FFP sanction. There was a school of thought at the time that the EFL interpretation of FFP was fundamentally anti competitive and constituted a restraint of trade vs EU and GB law.
We never, ever, play smart.
Thanks for posting this one, I've worked in investigative journalism, it takes a lot of time and a lot of money which is why we see so little of it these days.
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Post by hal9thou on Jun 14, 2023 10:48:29 GMT
ps the Master Trust thing (around 33m in) is genius
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Post by Stanley75 on Jun 14, 2023 11:55:18 GMT
Further evidence to support my thesis. It keeps coming.
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Post by hal9thou on Jun 14, 2023 18:32:33 GMT
The combination of dysfunctional FFP, parachute payments, and the fit and proper persons debacle ia a toxic mix.
They all feed into each other. You can get rid / massively de regulate FFP, you can tighten up due diligence around buy outs and take overs, but there has to be a workable system for top down distribution of rights money.
The threat of regulation prompted a new deal between the EPL and EFL under which chute payments would continue but some £450m would go to EFL clubs for distribution acrosss the board.
The effect of all this should mean that financially prudent EFL clubs - ie emphatically not us - will be able to spend more without contravening FFP.
Be very interesting to see what that does to the market.
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Post by sparks on Jun 14, 2023 19:48:45 GMT
Some interesting thoughts from Kieran Maguire on why he thinks new regulations won’t be voted in regarding fit and proper ownership of football clubs.
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Post by Bill on Jun 15, 2023 11:13:47 GMT
Where there is shit there is money.
Where there is money there is shit.
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Post by 2Loftus on Jun 15, 2023 13:02:31 GMT
Where there is shit there is money. Where there is money there is shit. Yes - always has been, always will...
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