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From: Pat on 1 Jul 2010 19:04
On 7/1/2010 11:37 PM, Jordi wrote:
> On Jul 1, 12:28 am, Mehdi<Be...(a)soccer-europe.com> wrote:
>> > Subject : Barca's Debt: SEK 3.110.000.000
>> > From : anthu_001(a)no_-_spam_.hotmail.com
>>
>> > Or ~ USD 400 million.
>> >http://www.dn.se/sport/fotboll/barcelonas-skuld-over-tre-miljarder-1....
>>
>> Anders, everyone knows Barca's success is duo to their youth
>> development. Implying they're another Chelsea, Real Madrid or Man City
>> is absurd
>>
>
> Debt grew some 160 mil. euro because of a dispute with the taxman
> dating back to the 90s.
>
> After all appeals, bar�a was forced to pay, and pay cash. Other than
> that, bar�a had record revenue and turned an operating profit.
>
> Still, Bar�a's debt is half that of RM.
>

Population/Television revenue wise it's already impossible for the
smaller countries in Europe to compete with the big 4 nations. Added to
that, that for example in The Netherlands a club is not allowed to play
in the competition unless they have a closing budget, how are these
countries ever going to close the gap?

Patrick
From: Mehdi on 1 Jul 2010 19:09
> Subject : Barca's Debt: SEK 3.110.000.000
> From : yeah(a)right.net

> Population/Television revenue wise it's already impossible for the
> smaller countries in Europe to compete with the big 4 nations. Added to
> that, that for example in The Netherlands a club is not allowed to play
> in the competition unless they have a closing budget, how are these
> countries ever going to close the gap?
>
> Patrick

When the financial fair play rules come into play there is going to be
considerably less money available for transfers. Clubs from the smaller
leagues will be able to hold onto their best players longer and build
teams that win European Cups like Porto, Red Star and Ajax did in the past.


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From: MH on 2 Jul 2010 17:39
Mehdi wrote:
> > Subject : Barca's Debt: SEK 3.110.000.000
> > From : yeah(a)right.net
>
> > Population/Television revenue wise it's already impossible for the
> > smaller countries in Europe to compete with the big 4 nations. Added to
> > that, that for example in The Netherlands a club is not allowed to play
> > in the competition unless they have a closing budget, how are these
> > countries ever going to close the gap?
> >
> > Patrick
>
> When the financial fair play rules come into play there is going to be
> considerably less money available for transfers. Clubs from the smaller
> leagues will be able to hold onto their best players longer and build
> teams that win European Cups like Porto, Red Star and Ajax did in the past.
>
>
I think you are being too optimistic about the effects of the financial
rules.

1) they don't start until 2012
2) they are based on a rolling 3 year period of balancing the books
3) in the first period to 2015 quite a substantial amout of deficit (45
million max, unless I misread) will be allowed.

As I read it, they don't prohibit large debts at all, but just mean that
teams have to spend no more than they earn through normal operations
over a three year period. If they have large existing debts for a
stadium, Glazers or whatever, as long as they pay the interest and don't
go further into debt, they are fine.

Man United have already announced they can meet these new criteria.

Does seem like a reasonable barrier to sugardaddyism, though.

Anyway, there may be lots of transfer activity due to purchasing for
success at the beginning of the three year period, then selling to
balance the books at the end of the three years
From: Mehdi on 2 Jul 2010 19:57
> Subject : Barca's Debt: SEK 3.110.000.000
> From : MHnospam(a)ucalgary.ca

> I think you are being too optimistic about the effects of the financial
> rules.
>
> 1) they don't start until 2012
> 2) they are based on a rolling 3 year period of balancing the books
> 3) in the first period to 2015 quite a substantial amout of deficit (45
> million max, unless I misread) will be allowed.

That is not substantial.

> As I read it, they don't prohibit large debts at all, but just mean that
> teams have to spend no more than they earn through normal operations
> over a three year period. If they have large existing debts for a
> stadium, Glazers or whatever, as long as they pay the interest and don't
> go further into debt, they are fine.
>
> Man United have already announced they can meet these new criteria.

They are liars. If it wasn't for the Ronaldo money they would be �40
million in the red and that's AFTER making their payments. Barcelona and
Real Madrid will similarly be hit very hard. After making their
repayments there will be very little left for transfers, if anything at all.


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