Ottomeister13 wrote:Where is FFP now? Red Star Belgrado is cut out from European competition.. PSG, Man City and Real can continue without any problem pff.
Ottomeister13 wrote:If you dont see anything wrong with the fact they have 500 million+ debt and see nothing wrong with it, because in fact they are spending money they don't have, especially those sums and their debt is getting bigger and bigger. Then what's the freaking point of FFP? It's implemented to make the soccer bussiness a bit healthier transfer wise and stuff and to clear those debt's a lot.. not to improve them, there will be a time they have to pay it back and then Karma is the bitch.
I couldnt be proud on a club who has to loan money, just to be relevant at all to buy those expensive players to try and have succes. To sell certain shares is one thing, but to sell all so the club doesnt own itself anymore is a complete different thing.
Yeah it very fun to have idiots around who spent 1 billion plus on their teams.. Yippie kah yee...
Borusse wrote:I love how you talk so much about finances but when I told you less than a year ago that Dortmund will spend good money this summer you insisted that we don't have it.
Bazi wrote:Ottomeister13 wrote:If you dont see anything wrong with the fact they have 500 million+ debt and see nothing wrong with it, because in fact they are spending money they don't have, especially those sums and their debt is getting bigger and bigger. Then what's the freaking point of FFP? It's implemented to make the soccer bussiness a bit healthier transfer wise and stuff and to clear those debt's a lot.. not to improve them, there will be a time they have to pay it back and then Karma is the bitch.
I couldnt be proud on a club who has to loan money, just to be relevant at all to buy those expensive players to try and have succes. To sell certain shares is one thing, but to sell all so the club doesnt own itself anymore is a complete different thing.
Yeah it very fun to have idiots around who spent 1 billion plus on their teams.. Yippie kah yee...
Let me play devil's advocate for a second. You couldn't be proud of a club who's in debt, but you can be proud of a club, which sells its shares to stay competitive? One might argue, that what we're doing is harder to reverse than what Real Madrid is doing. Especially since the Spanish behemoth is such a hugely impressive business.
The point of FFP is to stop clubs from receiving money, which they did not earn themselves via Related Party Transactions from rich Oligarchs or Sheikhs. It's not in place to stop businesses from pursuing the path they deem most likely to be successful. It's a fact that Real Madrid is easily able to repay their debt, they have huge assets which by far exceed their debts and they worked very hard to get into the position in which they're currently in..
Bazi wrote:. . . they earn tons of money, they have a magnificent cashflow and are able to service their debt at all times.
AS wrote:Por otro lado, en las cuentas que ahora presenta el Madrid (2013-14) el fondo de maniobra (la diferencia entre los derechos de cobro a menos de un año con respecto a las obligaciones de pago a un año vista) es negativo (-94 millones). La temporada anterior también lo era (-100). Hay clubes como Bayern o United en el que este fondo de maniobra es positivo.
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