Azza12342 Posted September 14, 2009 Share Posted September 14, 2009 Hi, In the UK, League Two has a mandatory wage cap in this division that limits spending on players' wages to 60% of club turnover. Is this in FM? If so, I wonder how this affects Notts County...? Link to post Share on other sites More sharing options...
Feedolover Posted September 14, 2009 Share Posted September 14, 2009 I don't knowif it will be incorporated in the game, but in real life the owners of Notts County can put money into the club "as a gift", which counts as turnover, so does not really affect Notts County Link to post Share on other sites More sharing options...
baker.simon Posted September 14, 2009 Share Posted September 14, 2009 You will probably find the owners will inject cash into the clubs balance, just like a sugar daddy. Link to post Share on other sites More sharing options...
Cougar2010 Posted September 14, 2009 Share Posted September 14, 2009 I don't knowif it will be incorporated in the game, but in real life the owners of Notts County can put money into the club "as a gift", which counts as turnover, so does not really affect Notts County Would you like to explain that a bit more as "Gifts" are most definately not part of turnover. Link to post Share on other sites More sharing options...
baker.simon Posted September 14, 2009 Share Posted September 14, 2009 Would you like to explain that a bit more as "Gifts" are most definately not part of turnover. Think of it as a cash injection into the clubs balance. Link to post Share on other sites More sharing options...
Cougar2010 Posted September 14, 2009 Share Posted September 14, 2009 Yes I know what you mean Simon but if the cap is introduced correctly into the game then these gifts/injections do not form part of your turnover and therefore have no affect on the size of your wage cap. Link to post Share on other sites More sharing options...
baker.simon Posted September 14, 2009 Share Posted September 14, 2009 Yes I know what you mean Simon but if the cap is introduced correctly into the game then these gifts/injections do not form part of your turnover and therefore have no affect on the size of your wage cap. As i understand it, the new owners have set up massively profiable sponsorship deals for their own company, effectively advertising themselves, this now forms part of the turnover. Link to post Share on other sites More sharing options...
Lloydey Posted September 14, 2009 Share Posted September 14, 2009 That would be part of turnover then. Seems a bit of an abuse of the rules though. Going back to the original post, can someone provide linkage for this 60% rule. I didn't think it was mandatory. Link to post Share on other sites More sharing options...
ism-scfc Posted September 14, 2009 Share Posted September 14, 2009 It is mandatory A few teams have had transfer embargos for not sticking to it Link to post Share on other sites More sharing options...
santy001 Posted September 14, 2009 Share Posted September 14, 2009 Another thing these owners can do is issue more shares which they then buy. As the majority/sole owner, issue 10,000 shares at £100 a share, and £1m goes straight into the club coffers. Obviously, if you issue more shares at a higher price (initially diluting your own stake in the club) you can get more money in the club. I believe Arsenal have done something to this effect recently, to help raise a bit more funding. Link to post Share on other sites More sharing options...
crafty bison Posted September 14, 2009 Share Posted September 14, 2009 Arsenal did not do this. It was proposed by Red & White Holdings and rejected by the board. Link to post Share on other sites More sharing options...
santy001 Posted September 14, 2009 Share Posted September 14, 2009 Ah well even if they haven't (I'd only heard about the suggestion to do it and thought they had) its a way of generating income for a club. Which in a turnover based wage cap structure, can be easily done. Link to post Share on other sites More sharing options...
Brian Shanahan Posted September 14, 2009 Share Posted September 14, 2009 Another thing these owners can do is issue more shares which they then buy. As the majority/sole owner, issue 10,000 shares at £100 a share, and £1m goes straight into the club coffers. Obviously, if you issue more shares at a higher price (initially diluting your own stake in the club) you can get more money in the club.I believe Arsenal have done something to this effect recently, to help raise a bit more funding. And if the club is owned by a private company they won't even have to offer the shares to the public, thus not even diluting their stake. Link to post Share on other sites More sharing options...
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