by The Green Programme »
16 Nov 2021 23:13
The situation is as many have stated.
The business model of almost every Club with wealthy owners (like us)
Is the same as Man City and Chelsea have undertaken successfully.
Wealthy owners pour money into the Club and use their financial muscle to buy everyone (even at youth level from the age of 7 years in the case of Chelsea and Man City)
It’s all about preventing other Clubs getting any of the cream of the youngsters; whilst buying two squads from the cream of the worlds players and paying eye watering sums to the players to keep them there.
Rarely do they give an opportunity to any of their own youngsters; they just loan them out; thus retaining control and preventing other Clubs from growing and benefitting from developing, owning and either retaining or selling their own home grown assets.
All our owners have done, is follow the same path as City and Chelsea (allegedly).
Derby have allegedly acted dishonestly; we have just been ‘adventurous’ and we have found that we are now not allowed to do this in the EFL; even though Premier League big boys are doing it all the time.
FFP retains the status quo; benefitting the richest Clubs to the detriment of the poorer Clubs by preventing them from doing the same thing the bigger Clubs have done to become successful.
One way of beating FFP was for club Owners to use other Companies they own to act as massive sponsors of the Clubs they own.
This increase turnover and profitability and allows monies to be invested in the Club, without it showing as investment. Allegedly, a ‘practice adopted by Man City’’.
The three teams relegated from the premier league are then promoted again the following year, this is becoming the new norm and it’s entirely due to ‘parachute payments’.
The same generally with league 1 and the Championship.
FFP - designed by the rich, operated by the rich, for the benefit of the rich..
I think our owners are on by the right path and that Paunovic is doing an incredible job.
Thia year’s trading activities will go a long way to sorting out our financial issues and the future looks bright for the Club; particularly after we sell Puscas and Swift in January.
EFL FFP rules are nonsense; they need an overhaul.
With Chelsea the list is incredible.