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re: Legal challenge to FFP moving along
Posted on 3/3/15 at 9:37 am to StraightCashHomey21
Posted on 3/3/15 at 9:37 am to StraightCashHomey21
quote:
I don't think anyone has an issue with a injection of cash into clubs. The issue is the continued reckless spending.
So you're not totally in favor of FFP either.
quote:
Extra revenue streams, you mean shady over inflated sponsorship deals. No way you can say with a straight face the naming rights to City's stadium is worth 350 million pounds.
If the club has a contract, that's going to guarantee a revenue source for the club for the length of that deal and won't add debt on the club. I don't see what the issue is.
That's not really what I meant though. Chelsea, through their success, has expanded their fan base dramatically over the last 10 years, which equates to more shirt/merchandise sales and completely legitimate sponsorships that they would not have gotten if not for their spending in the first 6-8 years of the Abramovich era. That model is now illegal.
quote:
In terms of building extra fan base. Thats not really going to happen and City is a perfect example. Due to the tribalistic nature of european soccer.
There are droves upon droves of American Chelsea fans, many of whom would have picked another club if not for their recent success.
Hell, after the news the other day there are a bunch of Chelsea fans who live in freaking Manchester apparently. Europe is not immune from bandwagoning.
This post was edited on 3/3/15 at 9:40 am
Posted on 3/3/15 at 9:40 am to Draconian Sanctions
quote:
If the club has a contract, that's going to guarantee a revenue source for the club for the length of that deal and won't add debt on the club. I don't see what the issue is.
The issue is whether or not the value paid for said naming rights is fair market value, or simply a loophole or technicality which has been taken advantage of in a timely manner.
Posted on 3/3/15 at 9:43 am to Draconian Sanctions
quote:
So you're not totally in favor of FFP either.
No sane person would argue against money to bring stability to a club, and FFP isn't against that. It wants to stop play toy clubs with reckless spending.
quote:
If the club has a contract, that's going to guarantee a revenue source for the club for the length of that deal and won't add debt on the club. I don't see what the issue is.
B.c the club isn't worth that much. So they use shady deals to try and loop hole the rules.
quote:
That's not really what I meant though. Chelsea, through their success, has expanded their fan base dramatically over the last 10 years, which equates to more shirt/merchandise sales and completely legitimate sponsorships that they would not have gotten if not for their spending in the first 6-8 years of the Abramovich era. That model is now illegal.
Chelsea have always had a strong base in the UK and Europe.
quote:
There are droves upon droves of American Chelsea fans, many of whom would have picked another club if not for their recent success.
Hell, after the news the other day there are a bunch of Chelsea fans who live in freaking Manchester apparently. Europe is not immune from bandwagoning.
Those american fans and the revenue is peanuts. They might buy a jersey once in a while but they for the most part are not traveling to matches in London.
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