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kinglfc's Posts and Other Poster's Replies To kinglfc's Posts

 

 

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kinglfc's rumours posts with other poster's replies to kinglfc's rumours posts

 

11 May 2015 22:46:44
Hi eds,
I was wondering whether Liverpool or anyone has any interest in Bruno Zuculini?
Thanks

kinglfc

{Ed002's Note - Others yes, Liverpool no.}


 

 

20 Jan 2015 23:52:21
Hi eds, is there any news on Tyrone Mings and where he may end up? Also has liverpools interest in Will Hughes gone now or are we still watching him? Thanks in advance!

kinglfc

{Ed001's Note - Mings is not in our thinking. Hughes is though his price is still keeping interest to little more than a watching brief.}


 

 

24 Dec 2014 14:21:46
Hi eds,
Bbc have put on their website that Rodgers has said there is a chance of signings in January and failed to comment on Torres and Ceach! Do you see any of these two signings happening at all? Anything developed around these two players?
Thanks a lot and merry Christmas!

kinglfc

{Ed002's Note - Torres is on a two year loan and Chelsea has no intention on selling Cech prior to the end of the season. Unless an acceptable off is made and Cech says he wants to leave then nothing will change. There is chance of a loan of Torres to Atletico in exchange for them loaning player to Milan. But it is of no consequence to Chelsea.}


 

 

25 Nov 2014 14:02:13
Hi Eds,
I was just wondering whether any teams are looking at Clyne? Its only recently people have started to rate him. Is anyone interested in him? Are Liverpool, seeing as johnson looks likely to be exiting?
Thanks and keep up the good work!

kinglfc

{Ed001's Note - Man Utd were showing interest last season, but Van Gaal didn't want the club to move for him in the summer as he hadn't seen enough of him.}


 

 

15 Jul 2014 09:12:25
Hi Eds, I have tried the search function but not really got much! Do you know whether livepool have a genuine interest in signing marco reus? Or is it all just lies? Also do you know whether Toni Kroos is going to stay or leave bayern? not really Liverpool related but I heard he was going to madrid? Thanks a lot keep up the good work!

kinglfc

{Ed008's Note - I just used the search function now it works! Their is no interest in Reus from Liverpool he is injured aswell remember that. Real Madrid are interested in Kroos.


 

 

 

kinglfc's banter posts with other poster's replies to kinglfc's banter posts

 

03 Feb 2016 12:18:05
Hi Eds,

I was wondering whether you could give an update on Taiwo Awoniyi, Is he on loan at Frankfurt? Do you think he will feature at all next season?

Thanks.

kinglfc

{Ed001's Note - no idea, sorry.}


1.) 03 Feb 2016 14:37:56
He will be with the Nigeria Olympic team in Brazil this summer and we may have a chance to look at him closely then or at least I will because he`s just too talented like Iheanachor (his henchman on the same team is. It may not be what you wanted to hear but just my 2 cents.


2.) 03 Feb 2016 13:26:21
He is indeed at FSV Frankfurt. Hasn't featured at all, only came on as a sub in one cup game.

He did appear in a couple of their winter friendlies.
Their league restarts next weekend, but I'm not sure if he'll play a great deal. He seems very raw altogether.

Maybe once they're safe from relegation he'll play some.
Here's a little clip of him against Dnipro.
I particularly like the bit where he falls over while shooting. Could be the new Benteke! (Just kidding Taiwo)

Taiwo Awoyini vs Dnipro 23 Jan 2016


 

 

19 May 2015 11:34:41
Hi Eds,

I was wondering whether Berahino will be staying at West Brom this summer, and whether Liverpool have any interest? Also who is James Milner most likely to choose out of Liverpool, Man City and Arsenal?

Thanks in advance, doing an awesome job!

kinglfc

{Ed002's Note - I am not aware of any Liverpool interest in Berahino. Milner really has been done to death - and I have nothing to add to what has been said.}


 

 

10 May 2015 15:41:11
Hi Eds,
I am seeing a lot of reports putting BR under pressure to sign a 'world class' striker, however I know Liverpool are under FFP and could be in trouble. What exactly would that entail? What would be the repercussions of failing to meet it?
Thanks in advance! Keep up the good work!

kinglfc

{Ed002's Note - Monitoring, warning letters, fines, exclusion from making transfers, exclusion from competition.}


1.) 10 May 2015 17:03:39
If you don't mind my asking Ed002, how serious was our FFP investigation last year?

Also, if it's not too much to ask, how does the process work?


2.) 10 May 2015 18:19:32
Don`t need him, all transfer money we have must go on getting the best goal getter we can possibly get, that was the only difference between this year and last.

If after we have done that there is some money left, maybe an experienced back up holding mid to cover Lucas`s injuries.

A goal scorer improves and has a positive effect on the whole team, so get one whatever it costs and let the existing team grow and improve on the back of that.


3.) 10 May 2015 18:57:41
--I'll just cut your nonsense post and respond to the one I missed---

{Ed002's Note - hsf, all assessments are "serious" and the punishments hit clubs hard financially, with the reduction in squad size, with transfer embargos, bans etc.. Take for example the situation as of today:

Clubs currently banned from competition: Malaga, Gyori ETO, Parma, FK Ekranas, CFR 1907 Cluj, FC Astra Giurgiu, Bursaspor
Clubs sanctioned and fined: Manchester City, PSG, Zenit, Galatasaray, Monaco
Clubs fined: Levski Sofia, Hapoel Tel-Aviv, Hull, Panathinaikos, Ruch Chorzow, Dinamo Moscow, Roma, Inter Milan and Trabzonspor
Clubs currently warned and subject to on-going monitoring: Zenit, Rubin Kazan, Anzhi Makhachkala, Levski Sofia
Clubs currently subject to on-going monitoring: Besiktas (who were previously banned and have also paid a voluntary fine), Lyon, Liverpool (who were previously warned), Sparta Prague (who were previously warned), Wolfsburg
Clubs who settled by paying a voluntary fine to curtail on-going investigation: Sporting Lisbon, Rostov, Besiktas (who were previously warned), Krasnodar (who were previously warned), CSKA Sofia, Kardemir Karabukspor and Lokomotiv Moscow (who were previously warned)

The overall summary looks like this:

The Demystification of the Financial Fair Play Rules (FFPR)
Introduction
I will try and simplify and summarise the FFPR and give examples where I can.
Putting aside all of the “mother country” fluff, the fundamental purpose of the FFPR is to:
(1) Ensure that clubs are operating within their means with transparent financial reporting. Example: Arsenal has debt which they can manage from the money they make as a club (good). PSG has a very low turnover given the amount of money they spend on players through donations from wealthy owners (bad) and sponsorship deals well beyond the norm..
(2) Protect creditors. Example: When Portsmouth went bust they owed money for players (the extreme case being Glen Johnson who had moved to Liverpool but Portsmouth still owed Chelsea for), money to local businesses (tradesmen who had worked at the ground, newsagents etc.), utility companies, the police et al (bad).
(3) Encourage responsible spending. Example: Liverpool under Hicks and Gillett borrowed money against the value of the club in order to buy players (bad).
(4) Protect the long-term viability of European club football. Example: They want to avoid the scenario of clubs entering administration or going out of business.
The FFPR apply to all UEFA club competitions and will actively come in to force from the end of June 2014 taking account of the financial monitoring period (the season just finished) and the two prior reporting periods. So when they first start, the FFPR will look at the 2013/2014 returns, and they will give consideration to the 2011/12 and 2012/13 figures.
I should make clear that it is not the full accounts of a club that are being considered, but just the “relevant” income and the “relevant” expenses. “Excluded” expenses are critical to the FFPR calculations. To this end, all clubs will need to effectively produce two sets of accounts. An audited set which are provided to Companies House and the relevant revenue organisations, and a second audited return laying out the “relevant” income and the “relevant” expenses for the purpose of the FFPR.
Relevant Income
(1) Match day gate receipts. Example: The money made by the club from paying fans attending games. This includes income from cup games when played away from home where a proportion of the gate money goes to the away side.
(2) Broadcasting rights. Example: Television income for games, money provided for radio broadcasting.
(3) Income from commercial activities. Example: Sales of bobble hats and rattles, club shop income, licensed income (e.g. DVD sales). In the future you can expect to see income from other media (e.g. streaming of games on a pay-per-view basis to the web and phones) increase.

(4) Prize money. Example: income from the Premier League, Champions League etc..
(5) Sponsorship. Example: Shirt sponsors (Standard Chartered, Samsung etc.), shirt manufactures (Adidas, Warrior etc.).
(6) Advertising. Example: Companies who buy time on video screens during games or hoardings at the stadium.
(7) Other operating income. Example: Payments made to a club for playing friendly matches in the Far East.
(8) Income from transfers: Example: All income from the sale of a player regardless of payment being due to previous clubs, the player himself etc. as they are allowable expenses which will later be deducted.
(9) Excess proceeds on the sale of tangible fixed assets. Example: The money Arsenal from converting part of Highbury in to apartments and selling them.
(10) Other income: Example: Interest on investments.
Relevant Expenses
(1) The costs of running the business (confusingly referred to as “the cost of sales” by accountants etc.). Example: Wages, ground maintenance, lighting, telephones, IT equipment, travel costs, policing costs etc..
(2) Employee related benefits and associated costs. Example: Costs of providing insurance, dental care, medical, employer NI contribution, housing, loyalty bonuses etc..
(3) Other operating expenses. Example: Payments for advertising, legal fees, agent fees, accounting fees, payments to players in relation to transfers, payments to player’s previous clubs, etc..
(4) Amortisation or transfer costs. Example: The total amount of money paid to another club to transfer a player or, if a club decides to do so, the amortised cost for that year (where a club is spreading the cost of the transfer out over the length of his contract for accounting purposes).
(5) Finance costs. Example: Bank charges, interest on loans etc..
(6) Dividends. Example: The owners may take a dividend from the profits a club makes as income.
Excluded Expenses
(1) Depreciation of tangible fixed assets. Example: The loss, if any, in value of the stadium, cars, IT equipment etc..
(2) Costs associated with the intangible fixed assets (other than player registrations). Example: goodwill, franchises, trademarks, copyrights etc..
(3) Expenditure on youth development activities. Example: All youth development expenses (housing, schooling, travel, medical etc.) are excluded from the calculations.
(4) Community development activities. Example: Outreach programmes, donations to the local community and charities, provision of equipment etc..
(5) Tax expenses. Example: Monies paid to the Inland Revenue, VAT etc..
(6) Finance costs related to construction of tangible fixed assets. Example: The interest on the £300M loan to build a new stadium.
(7) Interest payments on old loans (pre June 1, 2011). Example: Any interest due on a loan taken out for whatever purpose before June 1, 2011 is excluded from the calculations.
(8) Certain expenses from non-football operations. Example: This does not really apply to British clubs, but in other European countries clubs are often “sporting clubs” and have basketball, football, hockey team etc. all under one business.
The Calculation
FFPR calculates from a club’s “relevant” income and the “relevant” expenses whether the club is running at a surplus (profit) or deficit (loss) within a Monitoring Period (e.g. 2013/14). From this the FFPR decides if a club has met the “break even” requirement or not. This is not met if the “relevant” expenses exceed the “relevant” income by more than 5M euros (an acceptable deviation).
If the club exceeds this acceptable deviation, the owners of a club may contribute toward correcting it to a maximum of 45M euro over a rolling three year period (30M euro from 2015/16 on). Example: If Club X made a loss of 50M euro in 2013/14 due to the purchase of players, the calculation will ignore the first 5M euro and assume an owner contribution of 45M euro and there would not be an issue. However, for the two years following, there would be no allowable owner contribution as the full allocation had been used. If Club Y made a loss of 30M euro in 2013/14 due to the purchase of players, the calculation will ignore the first 5M euro and assume an owner contribution of 25M euro and there would not be an issue. But in this case, for the two years following, there would still be 20M euro allowable as owner contribution to cover further losses.
The Punishment
The Threat: If a club has been determined to have violated the “break even” requirement for a season it may be excluded from the next season’s UEFA competitions.
Likely Situation: If a club can show it has been moving in the right direction and doing what it can to overcome financial issues, perhaps brought on by a recession (e.g. in Spain) then I would expect a strongly worded letter as a warning. If a club has strayed a significant distance for the rules, then a fine and cap on number of salaries of players in UEFA competitions may be imposed. Perhaps by then end of the 2016/2017 season, If a club has been determined to have violated the “break even” requirement for several seasons then it may be excluded from the next season’s UEFA competitions.
UEFA are willing to make some exceptions to the rule and have already said they will consider:
(1) The quantum and trend of the break even result. Example: Chelsea spent a lot three years ago summer rebuilding an aging squad, so even with considerable additional income from winning the Champions League it could violate the “break even” requirement. However, spending less the next season will show the club moving in the right direction. Expect a strongly worded letter in a couple of years time.
(2) Debt situation. Example: A possible “get out” for Barcelona, Real Madrid and Manchester United should they have a bad season and need to violate the “break even” requirement. Consideration will be given to the existing debt and the ability of the clubs to service that debt. The trend of the debt reducing and an excuse of “one bad season” and “need to rebuild the team” would likely result in a slapped wrist.
(3) Fluctuating exchange rates. Example: All non eurozone countries need to report the FFPR figures in euros which could fluctuate due to the exchange rate, whereas a number of the UEFA figures are fixed amounts (e.g. the 5M euro acceptable deviation).
(4) Projected figures. Example: UEFA will allow clubs to show that they are moving in the right direction if they provide projected figures showing that the “break even” requirement will be met in the following season.
(5) Force majeure. Example: Any extraordinary events or situation arising that is beyond the club’s control will be taken in to account.
(6) Until then end of 2014/15 only - Ongoing reductions in wage costs. UEFA will be flexible over the “break even” requirement if a club can show that their wage bill has been reducing and with the exclusion of wages of players signed before June 1, 2010 they would have met the “break even” requirement. Example: An escape route for the likes of Chelsea with Cech, Terry, Cole, Lampard etc. wages excluded from the calculations. A possible future escape route for the likes of Barcelona.
The Issues
There are a number of matters that UEFA still need to figure out and a number of concerns that certain clubs and certain national associations have. Off the top of my head:
(1) Loopholes: Whilst UEFA has done what it can to block any potential “loopholes” it is well aware that exclusion of wages for players signed before June 2010 is one it has introduced itself, and one that will be popular with the higher paying clubs as a short term escape route through to the summer of 2015. The matters of excessive sponsorship will be addressed via a cap to thwart the concerns over the likes of Manchester City abusing the rules. The cap has yet to be finalised but will require ratification. It was discussed without UEFA present at the end of March at a meeting of a number of clubs in Monaco. No agreement was reached.
(2) Soft Sponsorship: UEFA are concerned at the aggressive approach to obtaining sponsorship some clubs are taking. Questions are being asked about the ethics in clubs having airline travel partners, photocopier partners etc.. The Spanish clubs have raised this as a concern.
(3) National Sponsorship Variations: As we have seen tobacco sponsorship leave Formula 1 UEFA would like to see alcohol sponsorship out of football. We already have a situation where sponsorship by alcohol related businesses are forbidden in certain countries. Wealthy breweries are now focussing their sponsorship in other countries thereby creating a perceived imbalance in what income clubs are able to obtain in sponsorship. The French and Russian clubs have raised this as a concern.
(4) National Financial Distribution Variations: Concerns exist in countries where different models are used for distributing prize money, contributing to the grassroots game and distributing income from television and other media broadcasting. This led to an original request (rejected) from a number of clubs to restrict the FFPR to only the wealthiest of clubs, those with a turnover in excess of xM euros.
(5) National Taxation Variations: There is a considerable difference across UEFA nations in taxation, and this is seen to be reflected in the wages paid to players. The Spanish clubs have raised this as a concern.
(6) Third Party Ownership: Countries that allow third party ownership of players are seen to have a distinct advantage in being able to keep the costs of transfer fees low as they are only paying for a proportion of a player. The English clubs have raised this as a concern.
The Great Fear
Without going in to too much detail: (a) A number of clubs take the opportunity a once or twice a year to discuss various issues including changes in rules, television rights, the power of UEFA, exploitation issues for new technology streams, etc.. These discussions, the last of which were in late August, also always turn to the possibility and structure of a breakaway pan European league. Several are ex-G14 clubs, several are not, and some clubs decline involvement in such discussions. (b) The plan is that at some point a number of clubs would break away from their national leagues and UEFA. They accept that they would be banned from all existing club competition and the players would initially be banned from all FIFA competitions as well, but know that FIFA would be looking to negotiate in any case. It would be the end of UEFA in all probability and UEFA are very aware of this. It would also result in a restructuring of many of the national leagues. (c) The clubs would renegotiate their television rights, rights of distribution via other streams etc.. (d) It remains the greatest fear of UEFA and all major national authorities that one day this will happen.
}


4.) 10 May 2015 19:15:19
You are American Ms Ed02. You maybe mis-understand British colloquial speak. But if you think " Keep up the good work" is backpatting then so be it. Good for you. Go ahead bar me. Your loss.

{Ed002's Note - I said nothing of the sort but I will grant your wish. It seems the brain dead glifnards are out in force today.


5.) 10 May 2015 23:25:49
Thanks for that Ed002, much appreciated.


 

 

28 May 2014 11:43:13
Hi Eds,

I have used the search function and have not really found an answer. what are the stumbling blocks in regards to adam lallana? Is it just the valuation of the player being £25 million? or is there any other obstacles? I am just wondering as I have a feeling that Liverpool are going to miss out on him. Also is Loic Remy just trying to create interest himself or is there genuine interest in him? IMO I don't think he is what we need!
Thanks in advance.
Hope to hear back!

kinglfc

{Ed002's Note - Putting aside your guess at a price, Liverpool's offer was deemed to be totally unacceptable to Southampton.

Remy may well move on this summer and QPR know they will struggle to keep him. Arsenal is perhaps an option. Interest from other clubs, such as Liverpool, at this time would seem to be no more than speculative.}


 

 

23 Jan 2014 04:14:00
Hello eds! I was watching the United Sunderland game today and borini played very well! I was just wondering is there a future for him at lfc? I think he could be better than aspas
Thanks

kinglfc

{Ed002's Note - I don't know.}


 

 

 

kinglfc's rumour replies

 

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12 Jan 2016 14:47:27
Most people slating caulker before he has even kicked a ball for us! Give the lad a chance first! If the move don't work at least we've not wasted money by panic buying and Klopp can look at the squad at the end of the year! Good luck to him and I hope he proves a few people wrong!

kinglfc

 

 

 

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