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Lancashire Stan

10-06-2011 10:09

Good news or bad for Stanley ?

Do you think these new financial rules could effect the club?

BBC Sport - League agrees to new Uefa financial regulations

lancsdave

10-06-2011 10:13

Re: Good news or bad for Stanley ?

Anything that controls the debt in football has to be good. Ironic though that they spend a fortune holding a meeting for the Football League in Cyprus. How many Cypriot teams are in the football league ?

fatgaz182

10-06-2011 11:26

Re: Good news or bad for Stanley ?

The wage budget being a percentage of turnover isn't a very good idea:mad:

We'd only have 8 players :p

entwisi

10-06-2011 11:42

Re: Good news or bad for Stanley ?

@lancsdave, I believe it was sponsored by the Cyprus Tourist board so at no cost to FA or local clubs

There was a big discussion on it on BBC Sport

Neil	10-06-2011 11:46

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by entwisi (Post 911388)

@lancsdave, I believe it was sponsored by the Cyprus Tourist board so at no cost to FA or local clubs

There was a big discussion on it on BBC Sport

Next world cup in Cyprus? :rolleyes::D

lancsdave

10-06-2011 11:48

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by entwisi (Post 911388)

@lancsdave, I believe it was sponsored by the Cyprus Tourist board so at no cost to FA or local clubs

There was a big discussion on it on BBC Sport

So the Cyprus Tourist Board think they should suck up to a load of people who run up millions of pounds worth of debt. I need to stop living within my means, I might get a free holiday :)

lancsdave

10-06-2011 11:49

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by fatgaz182 (Post 911383)

The wage budget being a percentage of turnover isn't a very good idea:mad:

We'd only have 8 players :p

It's not all doom and gloom, another 3 people doing the Gold Bond draw every week would get it up to a full team :D

Lancashire Stan

10-06-2011 12:19

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by fatgaz182 (Post 911383)

The wage budget being a percentage of turnover isn't a very good idea:mad:

We'd only have 8 players :p

That's the bit that caught my eye!
its OK for the rich clubs but at our level have a bad financial season and suddenly you cant compete for the players to lift your fortune. :(

lancsdave

10-06-2011 13:48

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by Lancashire Stan (Post 911396)

That's the bit that caught my eye!
its OK for the rich clubs but at our level have a bad financial season and suddenly you cant compete for the players to lift your fortune. :(

Hasn't league 2 already had the wage cap in place for the past couple of years ?

theresonlyoneaccy

10-06-2011 14:02

Re: Good news or bad for Stanley ?

I thought we could spend on 60% wages. Does that mean the other 40% cannot be spent paying the players mortgages/car insurance?

lancsdave

10-06-2011 14:14

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by theresonlyoneaccy (Post 911407)

I thought we could spend on 60% wages. Does that mean the other 40% cannot be spent paying the players mortgages/car insurance?

I'm sure Notts County found a way round it all, and you can bet your life Crawley will

Lancashire Stan

10-06-2011 14:54

Re: Good news or bad for Stanley ?

Quote:

Originally Posted by lancsdave (Post 911403)

Hasn't league 2 already had the wage cap in place for the past couple of years ?

The SCMP already operates in League Two at the 60% threshold, which will be reduced to 55% from the summer.

mab	13-06-2011 17:37

Re: Good news or bad for Stanley ?

I know its relatively old news but!!!! Accrington Stanley to face new cash rules (From Lancashire Telegraph)

Quote:

Stanley have required cash from Ilyas Khan to bail them out of financial problems in each of the last two seasons and have often posted a loss in their annual accounts – losing £284,557 in their last published figures, dating back to 2008/09.

If that was 08/09 figures whats 09/10 gona be like:eek:

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