Gus warns on Fair Play

Gus Poyet Gus Poyet

Albion boss Gus Poyet has warned some Championship rivals could go to the wall once Financial Fair Play regulations take effect.

He is baffled by other clubs spending more on lower crowds than the Seagulls.

Poyet’s red alert follows chairman Tony Bloom’s revelation that Albion lost £8 million in their first year at The Amex and are on course for a similar loss this year.

The club devoted five pages in the programme for Derby’s visit last Saturday to articles by Bloom, chief executive Paul Barber and finance director David Jones about Financial Fair Play regulations, which come into force for Chamnpionship clubs next season.

They face a transfer embargo and severe financial penalties if they live too far beyond their means and can no longer rely so heavily on the generosity of a wealthy benefactor.

Albion, who have just signed Leonardo Ulloa for around £2 million, are working within the FFP guidelines but Poyet fears others are not.

He said: "Apparently the rest are making money. I don’t know how they do it. I would like to know how people keep buying players, bringing players, from what I am reading teams with more than 30 or 35 players in their squad earning fortunes, and with less people in their stadiums.

“If we are in trouble in the future with these Fair Play regulations there are going to be a few dead, that’s for sure, or something is not right, because we are still in the same position in terms of budget and I can tell you there are more than ten with a bigger budget than us and they make less money. Explain that to me!

"I am quite confident, with the way the club is going and the support from the fans, the way the club is trying to make even more revenue, that we are going to be able to hold the level of players we have got at the moment within the budget.

"There are a few that are going to lose a lot if it really works and nobody cheats. We’ll see, it’s going to be nice."

Comments(10)

cvs says...
11:15am Sat 19 Jan 13

They are gambling everything on reaching the Premier league with the TV money and parachute payments.

Clean Sheet says...
11:17am Sat 19 Jan 13

Thanks Gus. The club appears to be very well run at the moment, and building a great foundation for the future. So many clubs are being run on thin air, including in the Prem, despite the ridiculous money they get from TV.
Please keep going in the right direction GP/TB, I'm looking forward to a fantastic and sustainable future.

farside says...
11:38am Sat 19 Jan 13

nice?
Might "complicated" have been more apt?

saslowi says...
11:54am Sat 19 Jan 13

There will still be clubs coming down from the premiereship with huge parachute payments. Where is the fair play in that?

Alan G Skinner says...
11:57am Sat 19 Jan 13

Understand completely where Gus is coming from. He is right, we sell more tickets than anyone else and yet other s are spending like its going out of fashion. If clubs go to the wall because of their reckless abandon, good riddance!

simonp503 says...
12:09pm Sat 19 Jan 13

I wouldn't like to see other clubs go to the wall as it will be the fans who suffer as usual

Hovite says...
12:24pm Sat 19 Jan 13

saslowi wrote:
There will still be clubs coming down from the premiereship with huge parachute payments. Where is the fair play in that?
I agree, however it hasn't helped Birmingham, Blackpool, Wolves, Bolton or Blackburn.

Just because they can spend more on players, it doesn't always mean they will get promoted again. If anything if they miss promotion 3 seasons in a row, they will probably fall even quicker.

These parachute payments, if not used correctly can do more harm than good, because the club is encouraged to run on a false wage structure. This means that when the payments stop, these clubs will have a mass exodus of players.

They should scrap these parachute payments and direct this money to be shared out in leagues 1 & 2 giving each club £750k a year.

PressBoxTeaBoy says...
1:29pm Sat 19 Jan 13

I think a lot of folks over estimate the power of the parachute payments. When clubs like Bolton, Blackburn, and Wolves get relegated, the bulk of that money goes to waste on being being stuck with below par players on big wages and an inflated infrastructre.
Works both ways too, when you overspend trying to get promoted.
Leicester City will be one club in dire straights if they fail to get promoted this year..
I'd be happier staying in the Championship another season or two before making the Prem if it means staying solvent.
Small steps for sucess rather than one giant leap into oblivion.

Freeloaders says...
1:40pm Sat 19 Jan 13

Alan G Skinner wrote:
Understand completely where Gus is coming from. He is right, we sell more tickets than anyone else and yet other s are spending like its going out of fashion. If clubs go to the wall because of their reckless abandon, good riddance!
Brain dead.If we go by your way of thinking we would have know other clubs to play in the end.Or it will just end up pure boring rubbish like Scotish football.I don't want to see any clubs go under not even Palace.Know real football fan would in their right mind.

Alan G Skinner says...
9:37am Sun 20 Jan 13

Freeloaders wrote:
Alan G Skinner wrote:
Understand completely where Gus is coming from. He is right, we sell more tickets than anyone else and yet other s are spending like its going out of fashion. If clubs go to the wall because of their reckless abandon, good riddance!
Brain dead.If we go by your way of thinking we would have know other clubs to play in the end.Or it will just end up pure boring rubbish like Scotish football.I don't want to see any clubs go under not even Palace.Know real football fan would in their right mind.
Actually if I was "brain dead", as you so articulately put it, my post would probably have read "ifiydduogkugh oh ouch;859,&7697(6,7td
iycutsougiyfiy"

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