Max Kilma

[Putitout]

Kilman,s a player I was always glad didn’t play for us. So hope this isn’t true.

 

[doombear]

What is it with our board? We are so close to top level success, yet we won't spend. Why?

Perhaps we don't want to fall foul of Uefa's stringent financial rules now that we're in Europe. Both Chelsea and Villa have received multimillion euro fines for doing so and face even bigger ones if they don't get their house in order.

Here are some of those rules:

• Squad Cost Rule: Clubs must limit spending on player wages, transfers, and agent fees to a set percentage of their total revenue, currently set at 70%.
• Breakeven Requirement: Clubs must balance their income and expenses over a monitoring period, usually three years.
• Acceptable Losses: Clubs can incur losses up to a certain limit, often around €30 million over three years, provided owners cover these losses directly

There are other penalties in addition to fines - see link below

UEFA Squad Cost Rule Explained: What It Means for European Clubs | The Sports Cast

UEFA has introduced the Squad Cost Rule (SCR) as part of its updated financial sustainability regulations, replacing the old Financial Fair Play (FFP) system. This rule is designed to prevent overspending, ensure competitive balance, and protect clubs from financial instability. But what exactly...

thesportscast.net

 

[cryrst]

But would OG get a tune ?

 

[Common Sense Club]

Perhaps we don't want to fall foul of Uefa's stringent financial rules now that we're in Europe. Both Chelsea and Villa have received multimillion euro fines for doing so and face even bigger ones if they don't get their house in order.

Here are some of those rules:

• Squad Cost Rule: Clubs must limit spending on player wages, transfers, and agent fees to a set percentage of their total revenue, currently set at 70%.
• Breakeven Requirement: Clubs must balance their income and expenses over a monitoring period, usually three years.
• Acceptable Losses: Clubs can incur losses up to a certain limit, often around €30 million over three years, provided owners cover these losses directly

There are other penalties in addition to fines - see link below

UEFA Squad Cost Rule Explained: What It Means for European Clubs | The Sports Cast

UEFA has introduced the Squad Cost Rule (SCR) as part of its updated financial sustainability regulations, replacing the old Financial Fair Play (FFP) system. This rule is designed to prevent overspending, ensure competitive balance, and protect clubs from financial instability. But what exactly...

thesportscast.net

No, no, you can set up a blind trust and get around all this malarkey…

 

[Teddy Eagle]

But would OG get a tune ?

Yes. That trumpet one that goes Wah Wah Waaaaaaah.

 

[doombear]

No, no, you can set up a blind trust and get around all this malarkey…

Well, obviously Chelsea, Villa and and several top European clubs didn't do that to have suffered the heavy fines and transfer restrictions.

For my benefit how does a blind get round these regulations? A blind trust is fine if you're talking about multiclub ownership but how does it work with squad costs and football revenue?