Ricky1985 wrote:
Anzac wrote:
It's the domestic version or the STCC rules regarding wages v revenues that ended at the end of last season. As it stands there is nothing replacing those regulations/restrictions, meaning that we would not be facing the same inability to spend what we had, other than by our own internal restrictions.
https://arseblog.com/2019/05/can-arsenals-owners-improve-the-clubs-fortunes-by-investing-their-own-money/
An interesting point to this is the part where any loss is aggregated over a rolling 3 season window to a maximum of 5m, which can then be supplemented to another 30m that can be covered exclusively by investors/owners. This is exactly what Abramovich has been doing at CFC and at the same time they use player trading to replace the revenues Abramovich used to provide as part of their transfer budget.
Thank you, Anazac.
So, reading through the article you linked to: A substantial increase to the wage bill is possible only after July 1st. I don't know how close to the limit most Premier League clubs are teetering, but this seems a very plausible explanation for the slow start. And means there could be an explosion of activity in 10 days time.
I don't think they are. There was an earlier article that highlighted how the FA announced which season they would be using as the baseline for wages, and most of the top6 went about rebuilding/improving their squads and inflating their baselines. This all took part around the time of LCFC winning the PL and AW only adding Cech to the senior team.
Then factor in our spending since the Puma and TV deals and we've spent heavily without much movement on our revenue streams outside of those areas, whereas the likes of TH & LFC have 'gained' around 100m on us between their improvements and our loss of CL revenues - and that's without their Final appearance.
CFC are quiet because they have no manager and are looking at a transfer ban unless their appeal is successful;
MU are a mess on and off the pitch with Woodward thinking he's Levy mk2 and trying to play Wenger/Moneyball with a couple of top class players carrying the dross but they are haemorrhaging money as fast as they can make it;
TH are unknown as to the state of their finances. Talk from the support at work is of a transfer budget of 100m plus any sales & this seems to have been the revenues from their CL run. The BIG question mark for them is in regards to not only their initial stadium debt, but more so the extra 600m they borrowed on a 5 year term when the project cost blew out, meaning they are already nearing the 2nd year;
LFC & MC basically don't 'need' to do anything other than fine tune or to replace players they are willing to sell. & can afford to take their time to go after their primary targets.
