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31 Dec 2018 21:53:41
Hello ed, I know you didn't mention Rabiot in the podcast but with his contract running out, and Ramsey contract running out, isn't a swap deal common sense? I might be being naive but what do you think?

{Ed002's Note - Emery would like him but it won’t happen.}

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01 Jan 2019 11:28:09
Thanks Ed, can I get your opinion on Arsenal’s “self-sustainable” financial model? By that I mean only spending the money they make from revenue, sales etc. Do you think it’s a model which can potentially win arsenal the premier league title or is it doomed to fail?

{Ed002's Note - All clubs are constrained by FFP to spend only what they earn through media money, gate money and sponsorship with a small allowance (€45M) over a rolling three year period that can be injected by the owners. If a club spends beyond that then they have to correct it through sales (something that this year hits a number of sides including both Milan clubs and PSG) or face punishment such has hit Manchester City and PSG in the past. There are ways to provide additional money though third party loans for infrastructure changes to free up additional transfer money but it is walking a razor edge to some extent - one EPL side has been doing this. Folks also often forget that FFP also applies to wages and that increases have to be within a defined threshhold else there can be fines and other sanctions. This in general has been something the clubs with the highest income have been able to sustain - except Manchester City and Newcastle notably. Manchester United are on the right side but maxed it out last season with MU having to lose ZI to get back in line. So, being fiscally responsible is required and it is more a case of choice for Arsenal where they spend their income. Spurs are entering a period which will be financially challenging for them, spent nothing in the summer yet are doing just fine.}

01 Jan 2019 12:11:45
Thanks Ed for the information. Do you understand arsenal fans frustration with Stan Kroenke not investing his own money or do you think we are angry for no real reason?

{Ed002's Note - The owners, not just Stan Kroenke, are constrained how much they can invest in transfers as I have explained. It is a business that needs to be fiscally responsible.}

01 Jan 2019 12:47:16
The only fine against FFP irregularities would be a points deduction that’s the only thing that would hurt clubs otherwise it’s a load of tosh.

{Ed002's Note - I don't think you understand. How about exclusion from European competion for a couple of years - would that not hurt the club? PSG and Manchester City were initially fined €60M each - would that not hurt Arsenal? Transfer bans - would that not hurt Arsenal? Manchester City had to use a reduced size for their Champions League squad - would that not hurt Arsenal?

Perhaps not the "load of tosh" you think?

01 Jan 2019 13:54:06
Oh I understand but what’s the point in banning them from a European competition other clubs in the PL aren’t in? That makes no sense . Again reduced squad in the CL so what? I’m sure other clubs in the PL who don’t play in the CL would rather City lose league points and 60 million. peanuts to City and the likes .

{Ed002's Note - You are confusing Premier League FFP and European FFP. These are separate matters. €60M is not "peanuts" to Manchester City. Perhaps your understanding of football finances is rather lacking. In the season that they were fined €60M that was something more than 15% of their total turnover and they could not afford to pay it. The eventual reduced fine even pushed them in to posting a loss that year. You might want to find something else to discuss.}

01 Jan 2019 14:15:57
Thanks Ed . yes clearly but surely the PL FP should be tighter?

{Ed002's Note - They are different and are there to avoid the situation that has occurred with the likes of Portsmouth in the past. They are also stricter on wage control.}

01 Jan 2019 14:17:04
Me again

Shouldn’t FFP just cover the lot rather than different variations?

{Ed002's Note - It varies depending if it is for the PL, the Championship and lower leagues or Europe. It applies to everyone. I know of only one side that has opted out of the European FFP by saying they will no longer compete. But if Manchester City, Liverpool, Arsenal etc. wish to continue competing, the UEFA rules will apply. In the PL, the PL rules apply etc.. It is really quite simple.}

02 Jan 2019 20:45:02
City found a way round this with false 3rd party sponsorship - surely there are ways around this so they can increase wages by increasing media inflow eg Stadium sponsorship Ethiad springs to mind.

{Ed002's Note - No, Manchester City got in to problems over it. This is one of the reasons to avoid discussing finances.}

03 Jan 2019 15:29:21
Interesting reading thank Ed, out of curiosity which club has opted out?

{Ed002's Note - Anzhi Makhachkala.}



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