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Financial Fair Play and wages.

So it seems to be an ongoing thing on this board at the moment.

After one of West Hams co-chairmen come out and stated the club had reached the wage cap allowed under FFP rules.

Reaching a limit imposed by the footballing authorities is not the same as the club not having money, but whatever.

I do wonder if the fans who are coming on this board saying that West Ham have no money, when in fact they are simply not allowed to spend the money they have because of FFP are deliberately missing the point to try to point score or, as seems more likely are simply stupid.

posted on 12/1/16

Don't make enough money, skint.....

Whichever way you look at it isn't good. Those 100,000 free tickets next season will help swell the coffers

posted on 12/1/16

Yes giving away free tickets to League Cup ties and other less attractive matches will really cut the profit to the bone. Or do the actually think those free tickets will be for category A games?

posted on 12/1/16

Who said they won't be?

Either way that could be 100,000 lost revenue even at kids for a quid prices.

posted on 12/1/16

No-one gives away tickets they think they can sell, they give anyway tickets they know they can't sell. So, the impact on immediate finance is nearer nil.

Clearly the hope is to positively impact future ticket sales. Obviously.

posted on 12/1/16

comment by Sane (U19841)
posted 21 hours, 30 minutes ago
Not exactly.

For instance I can only withdraw £500 cash a day from my bank account. That is irrespective if how much I have in it. The limit is not linked to avaliable funds.

The way FFP regulations work includes turnover but isn't limited to that.
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"The limit is not linked to avaliable funds."

Yes, it is. I'm not talking about a West Ham savings account, I'm talking about turnover.

"The way FFP regulations work includes turnover but isn't limited to that."

My understanding that is exactly what it is limited to, what am I missing?

posted on 12/1/16

It's, by my understanding, whether your income has increased since the 2012-2013 season. Wages are capped at the level established then. So if you were underspending then you can only increase wages in proportion to increased revenue since then. So you may be capped low.

posted on 12/1/16

It sounds like it based on the last 2-3 years at any given time then - which makes sense, you wouldn't base it on the income from just last year. That would be stupid.

posted on 12/1/16

True, but say a club was paying off debts which they have now cleared. They may now wish to increase wages, but if their income has not increased under the rules they will not be able to do so. It's part of the calculation that needs looking at.

posted on 12/1/16

I would imagine that UEFA would consider that sort of thing on a case-by-case basis. If a club can show that they fully expect to maintain a new higher revenue, then they may give them the benefit of the doubt. But all of that is a complete guess based on what seems sensible, so it's probably wrong.

posted on 12/1/16

Bound to be wrong, you should know better than to use the word sensible in any debate about the actions of a football governing body.

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