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Do You Want Villa Sold + Financial Fair Play

Following: Feelers Out For Aston Villa Sale?

I thought I`d ask in a new poll, Do you want Aston Villa sold?

For me, the new financial fair play rules confuse the picture for those that want a rich owner (and we haven`t got a poor owner btw!)

Wiki explains:

The UEFA Financial Fair Play Regulations, first agreed in principle in September 2009 by the Financial Control Panel of football`s governing body in Europe (Union of European Football Associations - UEFA), were brought in to prevent professional football clubs spending more than they earn in the pursuit of success and in so doing getting into financial problems which might threaten their long term survival.

Introduced amid concern at the heavy spending of a number of professional clubs across Europe, it was hoped that the regulations would eventually lead to a more 'level playing field` by preventing clubs with very wealthy owners who make substantial cash gifts to their club from gaining an unfair advantage over other clubs who are run on a more sustainable business model, and in so doing encourage lower levels of spending. The FFP Regulations provide for sanctions to be taken against clubs who do not spend within a set budgetary framework over several seasons.

The 2011-12 football season is the first during which the regulations apply;[2] The ultimate penalty is disqualification from European competitions. Other possible penalties originally included fines, the withholding of prize money, and transfer bans. As of early 2012, however, UEFA has had to shelve plans to ban player transfers following legal advice, and it remains to be seen if other threatened sanctions will be taken in practice.

On announcing the new legislation, UEFA President Michel Platini said,

"Fifty per cent of clubs are losing money and this is an increasing trend. We needed to stop this downward spiral. They have spent more than they have earned in the past and haven't paid their debts. We don't want to kill or hurt the clubs; on the contrary, we want to help them in the market. The teams who play in our tournaments have unanimously agreed to our principles…living within your means is the basis of accounting but it hasn't been the basis of football for years now. The owners are asking for rules because they can't implement them themselves - many of them have had it with shovelling money into clubs and the more money you put into clubs, the harder it is to sell at a profit."

Platini went on to say that the measures were backed by the majority of football club owners, and that an independent panel would be set up to judge whether clubs had broken the rules.

Full wiki on new rules: http://en.wikipedia.org/wiki/UEFA_Financial_Fair_Play_Regulations

Going to be interesting to see if UEFA push through the fair play rules or if clubs do get around it. I hope they don`t, although I do fear, unless they tackle the clubs in massive debt to fund their success, the status quo will continue and the top four or five will remain a closed shop no matter how decently a club is run.

There is also further reading should you be interested: http://www.financialfairplay.co.uk/

The problems clubs like Chelsea and Man City face in the new rules: www.dailymail.co.uk






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The Journalist

Writer: J P Fear Mail feedback, articles or suggestions

Date:Sunday August 5 2012

Time: 11:26AM

Your Comments

I can't see surveys! What have I broken?
plastic villan
Iv already read about this when it first came out and they have left a few open doors to get around it already... Man City figured out a way around it... The owner got his mates to buy the naming rights of the stadium for a ridiculous fee which wasnt in line with the market rates at the time...
CDX_EIRE
but they are (or have they now stopped?) investigating the Man City naming rights, as it is meant to be considered 'value for money'... be interesting how they rule on it.
The Fear
How long ago was that though Fear - if they were going to do anything you would have heard by now...
YatesyVillan
The Citeh 'work round' was a disgusting display of arrogance and ended football as anything other than business in my eyes. Hopefully Uefa will slam them BUT I won't be holding my breath
Jongekki
The Etihad stuff and sponsorship will be looked at as a linked transaction I think I remember Heath saying, so it's not a workaround because commercial rates do apply - however we are still in the crossover period so it'll take time for the investigations to kick in. Going to be interesting to see how hard they come down on some clubs though.
mike_field
This is just it Mike how hard will they come down on these overspending clubs and will the reallyeven be able to legally, its all guesstimates at the moment, if the new FFP rules ar taken seriousley and are applied i would want Randy here for sure as owner as we could end up with a Venky's or what happand at Pompey or Rangers but if these rules are just laughed at and nothing becomes of them we need investment at least to carry us forwrds.
ClivetheVillan
I've said this a number of times in the past. Those who have suggested Randy should sell up to a mega-billionaire just so we can buy our way to the top - be careful what you wish for ...
BobTheBuilder
Bob mate you have said xactlywhat mt dad has been saying to me for a while now when ive moaned we aint challanging for honours etc, its right what if we ended up with the Venky's type or Hicks and Gillet, nah Randy may no bankroll us anymore but with a manager like Lambert i just get the feeling he can beat the odds and do something with us so for me after a good thinking i would rather Randy stays here and we gradually build our way back up and not risking our clubs financies in the process just look at Rangers and Pompey very sad whats happand there i could not imagine what i would be like if that was Villa! UTV!
ClivetheVillan
 

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