Discover and read the best of Twitter Threads about #ffp

Most recents (16)

Congratulations to Man City for winning the @premierleague

Hands down this is the best team the premier league has ever seen.

What a season by @ErlingHaaland.

There has been much talk about #FFP Financial Fair Play.

Most fans do not understand it - I will simplify it Image
Currently there are 115 allegations against Manchester City for over the last decade. Some of which they have probably already paid/served penalties for.

For simplicity,I am going to not consider any foul play and delve deep into these allegations,but just explain it very simply
FFP was created to make sure there is growth in Football but to limit the level of unfair advantage due to the financial strength of the clubs, more specifically the owners of the clubs.

As per FFP £5 mil losses per year were allowed or up to £35 mil if the owner could afford it
Read 19 tweets
Today, 1 March, the German Federal Foreign Office @AuswaertigesAmt published its eighty-pages-long guidelines (GL) on #FeministForeignPolicy. This is a milestone. Some first observations and comments - a 🧵. 1/
After the🚦coalition committed to an #FFP over a year ago, the question of the GER approach to it was in limbo. There were the few sentences in the coalition agreement, fragments from speeches by @ABaerbock and MPs. But the overall understanding on this concept was not defined.2/
Now @AuswaertigesAmt has taken the first step - it has published its guidelines. Important note: this is not a whole-of-government strategy, but only that of the FFO (more on cross-sectoral coop later). @BMZ_Bund strategy is published as well&will be launched on 15 March. 3/
Read 21 tweets
Auf „Wenn ich #FeministischeAußenpolitik in einem Satz erklären müsste...“ antwortet @Bundeskanzler bei @ZDFheute vom 25. Jan: „Die Hälfte der Menschheit braucht eine ganz klare Betrachtung und Unterstützung.“ Wieso das problematisch ist:🧵1/zdf.de/politik/was-nu… (Minute 20:08)
Erst einmal: Die #Bundesregierung hat in ihrem Koalitionsvertrag beschlossen: „Gemeinsam mit unseren Partnern wollen wir im Sinne einer #FeministForeignPolicy Rechte, Ressourcen und Repräsentanz von Frauen und Mädchen weltweit stärken und gesellschaftliche Diversität fördern.“ 2/
Im letzten Jahr gab es zahlr Debatten, Artikel etc. zu #FeministischerAußenpolitik. Aktuell werden Leitlinien im @AuswaertigesAmt & @BMZ_Bund zur 🇩🇪Umsetzung entwickelt. Es gibt einen Parlamentskreis im BT, Beauftragte der Parteien. @spellerberg_m @AnikoMerten @Mi_Muentefering 3/
Read 13 tweets
(1/16) In this 🧵 we cover how much #LiverpoolFC will be able to spend in the summer window of 2023 under the #FFP regulation if the club finish – outside – the top 4. Could the club still afford to spend £150m on Jude Bellingham? #LFC
(2/16) I mark the quality of my forecast on a scale from 1-10 depending on available information. In this case, the mark is a generous 2, since LFC (Liverpool Football Club and Athletic Grounds Limited) has not published its annual accounts for 21/22 yet.
(3/16) As of 2022, the new Football Sustainability Regulation replaces the Financial Fair Play rules. The main rules #LFC must comply with in the new FSR are the #FootballEarningsRule (“FER”) and the #SquadCostRule (“SCR”). Let’s first look at the FER.
Read 17 tweets
(1/40) #CFC’s strategy signing long contacts to lessen the #FFP impact is much covered. In this 🧵, it is explained how #Boehly’s FFP strategy has enabled #CFC to spend £68.5m more than rival clubs in compliance with FFP – and it has nothing to do with the length of contracts.💣
(2/40) In 2022, the new FFP rules -- #FinancialSustainabilityRegulation / #FSR – entered into force. FSR is described as FFP, but with teeth. So how can #ChelseaFC spend 490m? As a shrewd PE investor, #Boehly will have simulated different strategies, and...
(3/40) …the path chosen by #Bohely is of course the one deemed the most beneficial for #CFC. As shown in the following, it will however impose austerity on CFC for coming years.
Read 39 tweets
(1/24) The Glazers have decided to not back ETH this January window while the #MUFC faithful are seeing all rivals do the opposite. But in this 🧵 we look into how much #MUFC possible could spend in the summer under the new #FFP rules with #GlazersOut. #BestCaseScenario
(2/24) In this best-case scenario, we assume that the club (a) is cleared from debt, (b) deadwood including Maguire, McTominay, Henderson and AWB are sold for a total of 80m, and (c) #United finish top 4. #BuckleUp
(3/24) I mark the quality of my forecast on a scale from 1-10 depending on available information. In this case, the mark is a 7, since Manchester United plc has published both the annual accounts for 21/22 and the Q1 report for 22/23.
Read 24 tweets
(1/22) On the pitch this year, #Arsenal is drawing comparisons to the #Invincibles, but success in games also means big profits. In this 🧵, I will explain how this would mean that #AFC could afford to buy 3.1 “Mudryk” in the summer of 2023 under the new #FFP (#FSR). #Gunners
(2/22) This is under the assumption that #Gunners win the Premier League this season. A potential Caicedo signing is currently up in the air, but would impact the financials roughly the same as a summer signing.
(3/22) I mark the quality of my forecast on a scale from 1-10 depending on available information. In this case, the mark is a generous 2, since we do not have access to the 21/22 Annual Accounts.
Read 23 tweets
(1/24) #NewcastleUnited / #NUFC have the richest owners in football. But how much can the club spend in the summer of 23’? In this 🧵 I will explain why it can be estimated that spending will be limited to buying 3.5 Alexander Isaks during the summer of 23' under the new #FSR. Image
(2/24) This is under the assumption that Newcastle finish top 4 this season. I mark the quality of my forecast on #FFP compliance on a scale from 1-10 depending on available information. In this case, the mark is a generous 2, since 21/22 Annual Accounts are unavailable. Image
(3/24) The significant rules Newcastle must comply with in the new FSR are the #FootballEarningsRule (hereinafter "FER") and the #SquadCostRule (hereinafter "SCR"). Let’s first look at the FER. Image
Read 25 tweets
(1/19) Napoli are investigated for accounting fraud due to structuring the acquisition of Victor Osimehn to cheat the #FFP / #FSR. How was this done? Will it be stopped, or can it be used by others? No it is not stopped, and yes it can be used. A 🧵
(2/19) It is widely reported that Napoli bought Osimehn for €72m, which also explains their high asking price for him. This is not entirely true. Napoli acquired Osimehn for a cash payment of €52m and the registration rights to four players – assigned a value of €20m.
(3/19) Who were these players? Back-up GK Orestis Karnezis (€10m) and youth players Claudio Manzi, Ciro Palmieri and Luigi Liguori (€10m in total). Karnezis played 90 minutes and the kids never got anywhere.
ilmattino.it/sport/sscnapol…
Read 19 tweets
(1/60) As promised, here is a thread on how the Top 6 in the Premier League will be impacted by the new Financial Sustainability Regulation (FSR), expected to have a dramatic impact on the summer transfer window of 2023. #MUFC #LFC #Spurs #ManCity #Arsenal #CFC #FSR
(2/60) Unfortunately, my threads tend to get really long, but the subject is complicated, so you have to bear with me to get through this. First, we will look at the relevant rules of the FSR (i.e. the “new” FFP rules).
(3/60) After that, we will look at the forecast of each Club, starting from the bottom. Lastly, we will cover the quality of each forecast, since that differ due to available information, and I will also add some thoughts on the margins of error.
Read 60 tweets
#FFP #SA #Roma for Dummies, mi sono letto tutto questi i punti principali.
Allora Per Punti:

- La Roma ha condiviso con la UEFA un percorso per farla arrivare al rispetto del requisito del football earnings rule di durata quadriennale.
->
- Transizione di 4 anni che quindi arriverà a compimento nella V stagione, le stagioni sotto esame sono quindi 22/23 23/24 24/25 25/26 e 26/27 (26/27 la Roma dovrà essere a posto).
->
- L'obiettivo primario è che al quinto anno (26/27) la Roma sia in linea con le regole del earning rules (costi di squadra < 70% del fatturato) e un deficit complessivo massimo di 60 mln negli ultimi 3 bilanci.
- Il percorso sarà continuamente monitorato ogni 6 mesi
->
Read 9 tweets
Apro thread stime bilancio #Juventus 21/22 che proiettano perdita stimata in area 160m. Costo rosa ancora alto (250m stipendi+133 ammortizzatori) al 101% dei ricavi. Crollo plusvalenze porta ricavi complessivi -35% (ricavi core -12%) da livelli pre-Covid. Image
Ricavi match day<40m: lontani da livelli pre-Covid e anche -25% vs 19/20 (stagione lockdown). Pesano chiusure parziali ma anche livelli incasso/spettatore inferiori #Juve riempiva #Stadium 96% con media €55/spettatore calata a 40-45 ultime partite. Manca un quarto di CL Image
Stima 22/23 ricavi dovrebbero risalire area 440/450 grazie a ticketing in area 60m. #Juve ha rimesso in vendita abbonamenti a prezzi elevati, stadi aperti tutta la stagione aiuteranno. Con livello plusv +25m (ipotesi) perdita potrebbe essere -20/30m: break even 22/23 si allontana Image
Read 10 tweets
An attempt to explain the impact of FFP upon NUFC 💰🧵
1/ Simply put, FFP regulations stipulate that a PL club can lose up to £35m per year over a three year period. Therefore taking the total to £105m of losses over three years.
2/ However, due to Ashley’s frugal ownership, NUFC have actually been left with around £100m FFP profit. This means that NUFC could actually afford to lose £205m over the next three years (£105m allowed PL losses + MA era profit of £100m).
Read 25 tweets
Relativamente all'annunciato rinnovo con Emirates, malgrado il prevedibile ribasso (che scopriremo solo leggendo i prossimi bilanci) la notizia nell'immagine è senza dubbio la migliore di tutte ed ancora una volta ce l'aveva anticipata @RadioRossonera 👇 Image
Nelle prox settimane mi aspetto altri accordi commerciali che vadano a riempire quei vuoti fino ad oggi bloccati dal precedente accordo con Emirates: manica, retro, kit allenamento e maglie squadra femminile. Finalmente c'è margine per incrementare i ricavi caratteristici 👌#FFP
P.S. vedo che molti continuano a sottolineare l'assenza della parola "retro" nel comunicato. Ne prendo atto e mi auguro che qualcuno lo domandi alla società quanto prima, così da toglierci pure questo dubbio. Ma troverei strano aver sbloccato tutto tranne il retro sponsor.
Read 3 tweets
Really engaging Q&A with #AVFC chief exec Christian Purslow via last night's @Villa_Trust AGM. Off today putting some flat-pack up & had it on. CP confirms Kappa budgeted for 30k units of kits this year but 80k cleared. 100k units all set for next year puts...
#AVFC in top 8 in UK & top 15 clubs in Europe commercially for merchandise, an area that's "exploding" at Villa compared to previous 4/5 years. Has been challenges given uncertainty w/ promotion last term, meaning planning impossible to get right. Merch side of Villa...
sub-contracted & run by Kappa, with contract running until 2023. Question came from dad wanting Villa kids' bedding, towels & more merch. Owner of Kappa at Villa Park on Sunday for first time for Spurs game. Elsewhere, #AVFC "banked an incredible windfall benefit" from #HS2...
Read 11 tweets
I spoke to @soenen_florian about the next steps at the #CAS and beyond regarding #ManCityBan.

A short thread to share some of my key points (in English)

#Sportslaw #UEFALaw #FFP
1. This is the beginning of a (potentially decade long) judicial journey, not the end. Yet, the #CAS will decide (this summer?) the fate of #ManCity in the short term (e.g. for the 2020/2021 season).
2. The #CAS is unlikely to find that #FFP is contrary to EU law after its #Galatasaray decision, but it could find that the sanction is disproportionate/unfair if #ManCity’s lawyers manage to show that #PSG was in a similar situation and got away with it.
Read 6 tweets

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