Well, merit doesn't really work against a club thats cheating as much as Wednesday, and a few others.
I would prefer that too but I also wonder where Wednesday would be in the league table if they’d complied with FFP? Very possibly below us on merit.
That argument is rubbish as I understand it....Chansiri could gift the club any amount of money he wants from his own coffers...what he can't do is invoice the club with it as a commercial debt.
The EFL brought in the FFP rules in order to try to establish a level playing field in order to create a more competitive league system and more competitive games. After all, do fans really want to watch games that are decided away from the field of play, by who has the richest owner. The rules were developed and established through long consultation with all the clubs. The rules are different in the Championship to the rules in the lower leagues because the clubs in those leagues wanted it that way. There was bound to be some element of compromise, and I am sure that Barnsley would have wanted a different system with lower annual losses, as a better fit to the way that they trade. Nevertheless, the rules were established by the majority, and the clubs agreed to be bound by them. The rules do not stop owners financing the clubs to a greater degree, by increasing share capital for example, but they do limit the amount of money a club is allowed to lose because their purpose was to create more even competition on the field, a competition that was not simply decided by comparing how much money each owner could afford to lose. The basis is clear and Sheffield Wednesday has clearly cheated on those rules, not only by breaking the upper limit by a long way, but also by attempting to disguise that fact through slight of hand. They are guilty, and they deserve to be punished in the same sort of way as any another illegal payment would get them punished.
That’s my understanding too, an owner can gift the money, but can’t lend in a form of a loan tied to the club, it was brought in to stop owners saddling clubs with debt that can’t be serviced and leaving clubs in dire straits.
So they could be given a points deduction, which relegates them, only for an appeal after the season has finished to reprieve them and relegate a team that had previously thought they had been saved. Farcical.
Yep - that’s true. Owners can gift to their club what ever amount they want - but they can’t loan to the club or sell to the club at inflated prices. Chansiri is worth about £450 million. So for every post you see on this message board about Barnsley Football Club not being able to afford this that or the other - then take that as absolute Ballax. Our owners are reportedly worth a combined wealth of about £££ 15 BILLION. So throwing about £10 million at Barnsley to prime the pump shouldn’t be a big ask should it.
Doesn’t matter what they are reportedly worth though, it’s what they’re prepared to invest. We all know that’s absolutely nothing.
Do you expect anything else when the EFL are involved? Absolute farce and not fair on anyone in the bottom 6, or Wedneday for that matter.
Only if the club were in League One or Two. Different rules apply in the Championship. Losses of £39million over 3 years providing the owner is prepared to inject equity. Otherwise they end up in a transfer embargo. Not true. I think you've missed all the times the ownership group and directors have stated they arent pumping money in and we will live on the basis of income generated within the club. Where was this accurately reported?
Nudger has peddled this ridiculous nonsense ever since the current owners came on board, despite being told, time and time and time again that this simply isn't how football club financing works.
Gally 1) I’ve read the league rules that were posted on here. So what part isn’t true? Is it that the owners are allowed to gift money ? 2) No - I haven’t missed what the owners have said - but that is NOT the same as saying there is no money at Barnsley Football Club. Because there certainly is. But it’s entirely up to our owners what level of investment they put into the club. 3) Accurately reporting what exactly? If it’s the wealth of our owners, then that figure will only be known to each individual owner. Everyone else must make a calculated guess. Us supporters can only report on what newspapers and the media are saying about the approximate wealth of the Barnsley owners. And if you add those amounts up it comes to something like £15 Billion.
The part where you said they can gift what ever amount they like. Why do you think the Wednesday owner has been manufacturing sponsors and selling the ground to himself to generate additional revenue into the club? If there is no external investment, then the money in the club is what's on the balance sheet. They want us to be self-sustaining, they've said they will invest if they can grow the value of the club by doing so and they've never said they are billionaires So if you add up these guesses you get 15billion? Where did you see these guesses? Again, where was it accurately reported?
Rumblings in this neck of the wood is that 15 points has been issued, appealed and reduced to 9 points. Could be utter tosh, but apparently Jeff Stelling has also mentioned 9 points.
Someone said same last week. Can't cope with all this speculation and guessing. Nothing to see here, move on. EDIT: This is last weeks thread. Losing the plot
9 points would be about what I’d expect. Just enough for them to avoid relegation, what a coincidence. In other words it’s no punishment at all. What a joke....