El-Reacho Posted June 29, 2015 Share Posted June 29, 2015 Do you know anything about a takeover in place Trent? Took the words out of my mouth. Link to comment Share on other sites More sharing options...
skarroki Posted June 29, 2015 Share Posted June 29, 2015 I thought transfers were embargoed during a takeover period? So everyone keeps saying but we've signed Richards and sold Weimann and Lowton. Our squad is so bad right now that it's too important to put everything on hold for a big chunk of the transfer window. Lerner must know that. It's fairly obvious that we aren't embargoed. I was just wondering if anyone knew why or if it is even a policy during a proposed takeover. Pretty sure that rumour has stemmed from Football Manager. A player works for the club, they are effectively staff for this business, you cannot stop them from leaving and you cannot be stopped from employing people. If players weren't allowed to leave then hospitality staff and groundsmen would be blocked from handing in resignations etc. Link to comment Share on other sites More sharing options...
sexbelowsound Posted June 29, 2015 Share Posted June 29, 2015 I thought transfers were embargoed during a takeover period? So everyone keeps saying but we've signed Richards and sold Weimann and Lowton. Our squad is so bad right now that it's too important to put everything on hold for a big chunk of the transfer window. Lerner must know that. It's fairly obvious that we aren't embargoed. I was just wondering if anyone knew why or if it is even a policy during a proposed takeover. Pretty sure that rumour has stemmed from Football Manager. A player works for the club, they are effectively staff for this business, you cannot stop them from leaving and you cannot be stopped from employing people. If players weren't allowed to leave then hospitality staff and groundsmen would be blocked from handing in resignations etc. You're probably spot on there actually. Link to comment Share on other sites More sharing options...
El-Reacho Posted June 29, 2015 Share Posted June 29, 2015 I might ask for exclusivity to do some due diligence on BCFC for the duration of the transfer window. Then consider myself unhappy with what I've seen and bugger off on 1st September. 1 Link to comment Share on other sites More sharing options...
islingtonclaret Posted June 29, 2015 Share Posted June 29, 2015 Players aren't chattels. Their playing contracts / registrations are assets of the company and are handled no differently to any other depreciating asset. Any valuation in financial terms would be highly subjective and would need to reflect all aspects of the contract including fees, commissions, compensation and wages. I'm sure an accountant will be along shortly to tell me I'm wrong because I've used one word in slightly the wrong way *beep beep* "Hello, Risso here. What's that Simon? Ah, sure..." 1 Link to comment Share on other sites More sharing options...
HanoiVillan Posted June 29, 2015 Share Posted June 29, 2015 Do you know anything about a takeover in place Trent? Took the words out of my mouth. . . . it must have been while you were kissing each other. 1 Link to comment Share on other sites More sharing options...
maqroll Posted June 29, 2015 Share Posted June 29, 2015 Do you know anything about a takeover in place Trent? Took the words out of my mouth. The Clearing in the Woods section is very illuminating... Link to comment Share on other sites More sharing options...
Gompedyret Posted June 29, 2015 Share Posted June 29, 2015 Do you know anything about a takeover in place Trent? Took the words out of my mouth. . . . it must have been while you were kissing each other. Like bats out of hell. Link to comment Share on other sites More sharing options...
dudevillaisnice Posted June 29, 2015 Share Posted June 29, 2015 (edited) Thought this is probably relevant UEFA softening break-even rule to attract investors PRAGUE, June 29 (Reuters) - UEFA has softened its break-even 'Financial Fair Play (FFP)' regulations in an attempt to encourage investment in European club football and move from "austerity to sustainable growth". General secretary Gianni Infantino said FFP, implemented in 2012, had succeeded in curbing potential ruinous excessive spending by teams desperate for success and it was now time to encourage investors who may have been inhibited by the rules. "We are sure these new rules will encourage investors to invest in European football which has the best club football product in the world," Infantino told a group of reporters on Monday. "We always said we want investors in football but good investors. Sadly we have in many countries all over Europe people who came into football, promised all sorts of things and clubs have then gone bankrupt." Under FFP, clubs cannot spend more than their generated revenue. Dynamo Moscow have been banned from European football next season for breaking the rules while others, including Paris St Germain, Manchester City, AS Roma and Inter Milan, have been hit with fines and squad reductions. One of the new rules, approved by the executive committee on Monday, is that clubs who want to invest but fear they could breach the break-even rule may approach UEFA and gain approval for their plan in what is known as a "voluntary settlement". However, European soccer's ruling body said they must present a viable business plan for a settlement to be reached. UEFA will also make exceptions for clubs in countries considered to have "markets with structural economic deficiencies" and for those undergoing a business restructuring. The organisation said this would allow for the fact new business plans take time to implement and require initial capital investments. A further change is clubs may now deduct expenditure in youth and women's football from the break-even calculation. "The new regulations are an expansion and a strengthening of financial fair play," said UEFA president Michel Platini in a statement. "The overall objectives of financial fair play remain the same. We are just evolving from a period of austerity to one where we can offer more opportunities for sustainable growth and development." Critics have said FFP prevents smaller clubs from growing and cements a status quo where the same teams dominate the Champions League and European domestic leagues. (Editing by Tony Jimenez) Read more: http://www.dailymail.co.uk/wires/reuters/article-3143736/UEFA-softening-break-rule-attract-investors.html#ixzz3eU6y7ewA Also this goes into more detail PRAGUE (AP) — European football is lifting some of the restrictions on club spending in an attempt to make more teams competitive and ensure clubs are more attractive for new investors. UEFA on Monday agreed to relax some of its Financial Fair Play rules, allowing clubs a period of accelerated spending on players if they present an affordable business model and show they are not "gambling on success." The loosening of the rules comes after UEFA found that collective losses by clubs decreased by 70 percent over the last three years, pointing to how European football grew despite the tough economic climate on the continent. "We are just evolving from a period of austerity to one where we can offer more opportunities for sustainable growth and development," UEFA President Michel Platini said. FFP has been the flagship scheme of Platini's presidency since being launched in 2009. The rules have been criticized for protecting commercially successful elite clubs from challenges by ambitious opponents, with the biggest sanctions in 2014 imposed on Abu Dhabi-owned Manchester City and Qatar-funded Paris Saint-Germain. UEFA acknowledged that the regulations, which were designed to curb losses, put off some prospective buyers of clubs who believed their ability to spend on strengthening the squad would have been too heavily restricted. "This is what we were hearing: 'Why should we invest if it's forbidden. If I invest I am in breach (of FFP) ... there are consequences,'" UEFA General Secretary Gianni Infantino said after the executive committee approved the rule changes at a meeting in Prague. "We are sure that these new rules will encourage investors to invest in European football because European football is the best product in the world when it comes to club football." The softer regulations still won't allow clubs to embark on reckless spending sprees, but they will be allowed a period of financial losses if they enter into a voluntary agreement that shows they will break even in the subsequent three-year period. "(We want) to make sure the competitive balance of Europe is improved even more so clubs can maybe retain some players, even invest in new players in order to get some results and generate more revenue," Infantino said. "You can invest something and with investment you can generate more revenue so we bring more clubs to compete at the top table." Infantino stressed that UEFA does not want club owners who "promised a lot of things and perhaps went bankrupt." Among other FFP changes: — Spending on both youth and women's football by clubs will not count toward losses — Sponsors or anyone else who contributes more than 30 percent off a club's revenue will be investigated to see if they are linked to the ownership. — Clubs won't be judged as harshly if they play in countries where TV and ticket revenue is significantly lower than the top leagues. http://bigstory.ap.org/article/3b606382fac4449e9ef232fb8b0cdd47/uefa-eases-restrictions-club-spending Edited June 29, 2015 by dudevillaisnice 1 Link to comment Share on other sites More sharing options...
dont_do_it_doug. Posted June 29, 2015 Share Posted June 29, 2015 This is absolutely huge. And bloody marvellous news, no matter what. Take that status quo. Link to comment Share on other sites More sharing options...
omariqy Posted June 29, 2015 Share Posted June 29, 2015 Great news for us. How Man City entering the fray worked against us hopefully this will work for us! Link to comment Share on other sites More sharing options...
PieFacE Posted June 29, 2015 VT Supporter Share Posted June 29, 2015 It is certainly is good news though i'm not convinced how much UEFA will allow teams to spend still. It seems you have to go to UEFA with a plan which they need to approve. We shall see how strict they are with this policy. However, hopefully it will give other teams a chance now. I'm guessing we should probably create a seperate thread about FFP mind, Link to comment Share on other sites More sharing options...
VillaChris Posted June 29, 2015 Share Posted June 29, 2015 I posted something about that last week, FFP was going to be relaxed particularly for clubs with new owners so yes we would have flexibility to splash a bit around although maybe too late for this summer. Link to comment Share on other sites More sharing options...
useless Posted June 29, 2015 Share Posted June 29, 2015 It's only good news for us, if someone actually takes advantage of it, and spends money on the team. Link to comment Share on other sites More sharing options...
andyh Posted June 29, 2015 Share Posted June 29, 2015 It's ONLY good news for us IF we are in the midst of a takeover and the new owners have significant money to spend. While we hope something is going on, we have absolutely no knowledge if anything wil happen or if big money will be spent. No point getting too excited about something that might mean absolutely **** all to us. Link to comment Share on other sites More sharing options...
Nabby Posted June 29, 2015 Share Posted June 29, 2015 Not much help for us though unless the Prem league make the same changes to their FFP 1 Link to comment Share on other sites More sharing options...
CrackpotForeigner Posted June 29, 2015 Share Posted June 29, 2015 It's ONLY good news for us IF we are in the midst of a takeover and the new owners have significant money to spend. While we hope something is going on, we have absolutely no knowledge if anything wil happen or if big money will be spent. No point getting too excited about something that might mean absolutely **** all to us. It's good news no matter what. Anything that allows clubs the option of spending a bit of money to try to catch up is a good thing. If it doesn't appeal to the current buyer it might appeal to the next one, so this does make the club more attractive to buyers whoever they are. Link to comment Share on other sites More sharing options...
CrackpotForeigner Posted June 29, 2015 Share Posted June 29, 2015 Not much help for us though unless the Prem league make the same changes to their FFP True. Hopefully they do, eh?! Link to comment Share on other sites More sharing options...
DeadlyDirk Posted June 29, 2015 Share Posted June 29, 2015 Watch the Takeover happen in the next few days, now that this has been given the green light. (Disclaimer: I'm not ITK at all, I don't want any credit if it actually does happen all of a sudden, this just a bit of educated speculation.) Link to comment Share on other sites More sharing options...
useless Posted June 29, 2015 Share Posted June 29, 2015 Well did Randy not say that if a deal can't be completed by certain date he'd go with his plan b. We must be fast approaching a date where we find out what's going to happen, one way or another. Link to comment Share on other sites More sharing options...
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