[Archived] Ffp

[Baz]

I don't buy the idea that Venkys don't want us out of FFP and are using it as an excuse to reduce funding.

This is for 3 reasons.

1) If they didn't want to get out of the embargo then why go to considerable expense to terminate lengthy contracts by paying up lump sums? It would be easier to just leave us saddled with the wages for 2-3 more years and hide behind a huge wage bill. By paying the likes of Leon Best to leave and get their salaries out of the accounts suggests that they want them off the books and ensures steps are being taken towards getting the wage bill under control.

2) What about Nottingham Forest? If it was just us that were accepting the punishment and doing nothing about it then I could believe that perhaps it was a convenient excuse for the owners, but the fact that Forest have done the same as us i.e. nothing to challenge the embargo seems to suggest that there is a good reason for getting our heads down and trying to sort finances out. After all, Forest have a wealthy foreign owner who wants promotion and is happy to spend, yet he hasn't appealed. Why not? Perhaps it isn't worth appealing having taken advice on it?

3) Even Venkys must realise by now that the only way they are going to recoup any serious money from this venture is to get to the Premier League, and that their best chance of doing this is to get out of the embargo and strengthen. Hiding in an embargo might save on transfer fees but when losing £25 million a year to remain in the Championship surely the best course would be to try to add to improve our promotion chances.

See your mistake? Using 'reason'.

I don't buy that they want us in FFP, but I also don't buy that they want to invest either. At present they are covering losses to keep us solvent (granted still money), but they didn't invest when they had the base to do so, so I couldn't see them doing now.

[imy9]

I don't buy the idea that Venkys don't want us out of FFP and are using it as an excuse to reduce funding.

This is for 3 reasons.

1) If they didn't want to get out of the embargo then why go to considerable expense to terminate lengthy contracts by paying up lump sums? It would be easier to just leave us saddled with the wages for 2-3 more years and hide behind a huge wage bill. By paying the likes of Leon Best to leave and get their salaries out of the accounts suggests that they want them off the books and ensures steps are being taken towards getting the wage bill under control.

2) What about Nottingham Forest? If it was just us that were accepting the punishment and doing nothing about it then I could believe that perhaps it was a convenient excuse for the owners, but the fact that Forest have done the same as us i.e. nothing to challenge the embargo seems to suggest that there is a good reason for getting our heads down and trying to sort finances out. After all, Forest have a wealthy foreign owner who wants promotion and is happy to spend, yet he hasn't appealed. Why not? Perhaps it isn't worth appealing having taken advice on it?

3) Even Venkys must realise by now that the only way they are going to recoup any serious money from this venture is to get to the Premier League, and that their best chance of doing this is to get out of the embargo and strengthen. Hiding in an embargo might save on transfer fees but when losing £25 million a year to remain in the Championship surely the best course would be to try to add to improve our promotion chances.

Forest are in an embargo for failure to make payments on players that they have signed. A Peterborough player I think.

Good article by Samuel however how is it that QPR had debts in ONE year of 60 million and haven't been under an embargo? The real annoyance is that they have spent a substantial amount this season on new players whilst FFP decide on what to do!

Nottingham Forest: Full transfer embargo lifted by Football League - http://www.bbc.co.uk/sport/football/31316501

[K-Hod]

http://www.lancashiretelegraph.co.uk/sport/football/rovers/news/13739084.Blackburn_Rovers_boss_questions_why_QPR_have_still_not_been_punished_for_failing_FFP/?ref=mac

Good spot Gary.

However, rather than highlighting this in the press, couldn't you and your bosses have gone to the FA/FL regarding this matter?