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Big Rangers Administration/Liquidation Thread - All chat here!


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Are you sure transfers and wages are all that count for FFP? Would you mind quoting from the regulations to show where this is the case because I don't see it.

3. What is covered by FFP?

Clubs need to balance football-related expenditure - transfers and wages - with television and ticket income, plus revenues raised by their commercial departments. Money spent on stadiums, training facilities, youth development or community projects is exempt.

 

http://www.bbc.co.uk/sport/football/29361839

 

even if we did fall foul of it (which we wont), not being allowed to compete is a last resort

5. What are the possible sanctions for clubs in breach of FFP?

"The atomic bomb is a ban from European competition," said Jean-Luc Dehaene, the first chairman and chief investigator of CFCB, back in 2011 (Dehaene died in May 2014).

The CFCB's investigatory chamber can offer clubs settlement agreements, with potential punishments including warnings, fines, withholding prize money, transfer bans, points deductions, a ban on registration of new players and a restriction on the number of players who can be registered for Uefa competitions.

Edited by nacho
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youve not read the quote underneath then, pretty clear what he was getting at based on that

The quote below it says Rangers earned promotion "back" to the top flight.

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3. What is covered by FFP?

Clubs need to balance football-related expenditure - transfers and wages - with television and ticket income, plus revenues raised by their commercial departments. Money spent on stadiums, training facilities, youth development or community projects is exempt.

http://www.bbc.co.uk/sport/football/29361839

Thanks.

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3. What is covered by FFP?

Clubs need to balance football-related expenditure - transfers and wages - with television and ticket income, plus revenues raised by their commercial departments. Money spent on stadiums, training facilities, youth development or community projects is exempt.

 

http://www.bbc.co.uk/sport/football/29361839

 

That's OK then as you have already told us that it is the company that own the stadium etc.  So ALL the debts of RFC Ltd must be football related, No?

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That's OK then as you have already told us that it is the company that own the stadium etc.  So ALL the debts of RFC Ltd must be football related, No?

:rolleyes: have a wee think about that halfwit, rfd ltd is the company

 

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The quote below it says Rangers earned promotion "back" to the top flight.

 

give me peace, its quite clear that he is making a new club argument, are you trying to claim otherwise :P  the highlighted bits make that clear

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give me peace, its quite clear that he is making a new club argument, are you trying to claim otherwise :P the highlighted bits make that clear

No all he said was "talking about links" and linked to a site saying rangers are "back". Then you starting an argument about continuation.

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3. What is covered by FFP?

Clubs need to balance football-related expenditure - transfers and wages - with television and ticket income, plus revenues raised by their commercial departments. Money spent on stadiums, training facilities, youth development or community projects is exempt.

 

http://www.bbc.co.uk/sport/football/29361839

 

even if we did fall foul of it (which we wont), not being allowed to compete is a last resort

5. What are the possible sanctions for clubs in breach of FFP?

"The atomic bomb is a ban from European competition," said Jean-Luc Dehaene, the first chairman and chief investigator of CFCB, back in 2011 (Dehaene died in May 2014).

The CFCB's investigatory chamber can offer clubs settlement agreements, with potential punishments including warnings, fines, withholding prize money, transfer bans, points deductions, a ban on registration of new players and a restriction on the number of players who can be registered for Uefa competitions.

 

Clubs? I thought you argued before that companies spent the money and clubs just used the players paid by, and contracted to, the company.

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3. What is covered by FFP?

Clubs need to balance football-related expenditure - transfers and wages - with television and ticket income, plus revenues raised by their commercial departments. Money spent on stadiums, training facilities, youth development or community projects is exempt.

http://www.bbc.co.uk/sport/football/29361839

even if we did fall foul of it (which we wont), not being allowed to compete is a last resort 5. What are the possible sanctions for clubs in breach of FFP?

"The atomic bomb is a ban from European competition," said Jean-Luc Dehaene, the first chairman and chief investigator of CFCB, back in 2011 (Dehaene died in May 2014).

The CFCB's investigatory chamber can offer clubs settlement agreements, with potential punishments including warnings, fines, withholding prize money, transfer bans, points deductions, a ban on registration of new players and a restriction on the number of players who can be registered for Uefa competitions.

The sanctions are secondary. The award of a European Club Licence is the issue. Your don't hold one and will only gain one if your club complies with the regulations. Your club needs the licence to play European competition.

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The debt is held by RIFC Plc. Of course if I were a believer in club <> company then you would have a point. However, as always, you don't.

The thing is RIFC only cover €24M (£19M) of the debt and they are the only "equity participants" of RFC ltd. RFC ltd owe a total of €36.8M (£29M) accirding to their last statement on the matter. The FFP break even rule says that if the break even deficit is above €5M then it must be covered entirely by "equity participants".

I read equity participants as owners of shares in the club.

To go back to nachos point of non footballing debt, what debt would the club hold that is non footballing? The club is RFC ltd, the holding company is RIFC. Pretty sure the club deals with the footballing related accounts and RIFC all the other stuff.

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