Heard the same thing just a few minutes ago. Along with the 3 'Veteran's ' have left the club. Not surprised about the 1st....hope its not correct about the 2nd.
There is no ffp in league two. In league two rich owners can outspend and get anyone they like as it’s regarded as income. It’s not like the higher leagues.
There is no ffp in league two. In league two rich owners can outspend and get anyone they like as it’s regarded as income. It’s not like the higher leagues.
i wondered about that too, because I thought that gifts from owners do not count as liabilities in the way that loans do.
There is no ffp in league two. In league two rich owners can outspend and get anyone they like as it’s regarded as income. It’s not like the higher leagues.
Club statement just issued...........................
Crawley Town Football Club would like to issue the following statement.
Earlier today, the club was made aware of several disappointing and distressing rumours on various social media sites. In order to be transparent with our devoted fanbase, we would like to address these rumours in this statement.
The first that should be addressed is that the club has broken Financial Fair Play (FFP) rules and is set to receive a points deduction from the EFL. This is simply not true. Ownership is sufficiently funded and since the group took control of the club in April 2022, they have worked closely with the English Football League to ensure that all Salary Cost Management Protocols (SCMP) have been met.
The club has also been made aware of a rumour that first-team players George Francomb, Jake Hessenthaler and Tony Craig have been sacked. The club can confirm that this is not true. All three players remain contracted to Crawley Town Football Club.
Director of Football and interim CEO Chris Galley has informed the co-chairmen that he has no intention of leaving his respective roles. Chris has a very professional relationship with the players at this football club, and any rumours circulating that he has not allowed them to speak in meetings are false.
Furthermore, the club wishes to confirm that the transfer of Tom Nichols had nothing to do with the departure of former manager John Yems.
In the meantime, the club is continuing its search for a new manager and will appoint the right candidate at the earliest possible convenience.
There is no ffp in league two. In league two rich owners can outspend and get anyone they like as it’s regarded as income. It’s not like the higher leagues.
Club statement just issued...........................
Crawley Town Football Club would like to issue the following statement.
Earlier today, the club was made aware of several disappointing and distressing rumours on various social media sites. In order to be transparent with our devoted fanbase, we would like to address these rumours in this statement.
The first that should be addressed is that the club has broken Financial Fair Play (FFP) rules and is set to receive a points deduction from the EFL. This is simply not true. Ownership is sufficiently funded and since the group took control of the club in April 2022, they have worked closely with the English Football League to ensure that all Salary Cost Management Protocols (SCMP) have been met.
The club has also been made aware of a rumour that first-team players George Francomb, Jake Hessenthaler and Tony Craig have been sacked. The club can confirm that this is not true. All three players remain contracted to Crawley Town Football Club.
Director of Football and interim CEO Chris Galley has informed the co-chairmen that he has no intention of leaving his respective roles. Chris has a very professional relationship with the players at this football club, and any rumours circulating that he has not allowed them to speak in meetings are false.
Furthermore, the club wishes to confirm that the transfer of Tom Nichols had nothing to do with the departure of former manager John Yems.
In the meantime, the club is continuing its search for a new manager and will appoint the right candidate at the earliest possible convenience.
There is no ffp in league two. In league two rich owners can outspend and get anyone they like as it’s regarded as income. It’s not like the higher leagues.
Club statement just issued...........................
Crawley Town Football Club would like to issue the following statement.
Earlier today, the club was made aware of several disappointing and distressing rumours on various social media sites. In order to be transparent with our devoted fanbase, we would like to address these rumours in this statement.
The first that should be addressed is that the club has broken Financial Fair Play (FFP) rules and is set to receive a points deduction from the EFL. This is simply not true. Ownership is sufficiently funded and since the group took control of the club in April 2022, they have worked closely with the English Football League to ensure that all Salary Cost Management Protocols (SCMP) have been met.
The club has also been made aware of a rumour that first-team players George Francomb, Jake Hessenthaler and Tony Craig have been sacked. The club can confirm that this is not true. All three players remain contracted to Crawley Town Football Club.
Director of Football and interim CEO Chris Galley has informed the co-chairmen that he has no intention of leaving his respective roles. Chris has a very professional relationship with the players at this football club, and any rumours circulating that he has not allowed them to speak in meetings are false.
Furthermore, the club wishes to confirm that the transfer of Tom Nichols had nothing to do with the departure of former manager John Yems.
In the meantime, the club is continuing its search for a new manager and will appoint the right candidate at the earliest possible convenience.
"However the Football League use a is broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. up club debts. In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions."
That would appear to back up what I wrote regarding gifts from owners counting as turnover, but not loans from owners.
