FFP - A must read
[www.fourfourtwo.com]
Highlights were
"So that’s three successive Championship winners, rampantly overspending en route to Premier League riches, fined £17m, £4.75m and £3.1m. Remember those numbers when the much bigger cash prizes are mentioned next May."
"but in line with the new EPL TV deal, the parachute payout mushroomed: it’s now £42m for the first season, £34m in the second and £16.6m in the third ... It’s almost like they [the Premier League] are protecting the integrity of the three clubs that are relegated to the Championship"
"In 2017/18, after the owners bankrolled a brief but expensive visit from the future jungle king, Birmingham’s wage-to-turnover ratio shot up to a scarcely believable 202%"
"By the time QPR were brought to heel for their 2013/14 profligacy, they were back in the second tier, running a tighter ship and simply attempting to avoid further relegation. In such cases a huge fine would be more retribution than rehabilitation"
"As for Birmingham, the only appropriate reaction currently seems to be a sad shake of the head and a glassy-eyed stare into the middle distance."
It really spells out how broken (or not) the current system is. It really is designed to protect the recently relegated. It is amazing given their riches, that the likes of Boro and Vile have managed to balls it up so royally.
As for ourselves, the system is a farce and this pissing about is a joke, BUT, our owners are clueless charlatans who deserve everything they get; sadly we suffer with them. 202% of turnover - the second worst in the history of the championship and we spend it on players that finish 19th!!! F*ck off Ren you c*nt.