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Jewell: Football Must Learn to Cut its Cloth
Jewell: Football Must Learn to Cut its Cloth
Tuesday, 7th Feb 2012 11:47

Blues boss Paul Jewell says football clubs must learn to cut their cloth accordingly with the Championship set to introduce UEFA’s Financial Fair Play regulations from next season. The clubs meet at Derby this month to finally ratify introducing measures it they initially agreed they would develop last summer.

Football League clubs owe a total of £700 million with Town’s last set of accounts, to June 2011, showing that their debts — almost entirely owed to Marcus Evans - have reached £66.17 million, and will have grown since then, with wages 98.8 per cent of turnover.

Under the Financial Fair Play plan, clubs will only be able to spend what they generate with those that fail to comply facing transfer bans and possible points deductions.

Jewell, whose deadline day move for Portsmouth pair Joel Ward and Stephen Henderson broke down because the players wanted contracts he believed were excessive, says clubs will have to pay players less in future: “The players we wanted to bring in we think are good players but at the end of the day we’ve got to start saying in football ‘Well, that’s the price’, because we’ve got the Financial Fair Play [regulations coming in] and we’ll have to work to a budget.

“Everywhere I look I see people losing jobs, taking pay cuts and not being paid as much as they were. It’s the same with football clubs, we’ve got to work to the Financial Fair Play [regulations], so we can’t pay people what we’ve been paying them in the past, it just can’t happen.

“This club’s paid the price of administration before and we don’t want to be doing what Portsmouth are doing. You’ve got to cut your cloth, although I know fans don’t want to hear it.

“If we can get people here on decent money, not silly money, and keep them hungry - young players - that’s the way forward.

“We’re not going to pay them peanuts, but we don’t want to be getting into the realms of silly money because silly money next year can lead to irregularities.”

But he says some clubs, including West Ham, are hoping to avoid the new Championship reality by throwing money at promotion before the measures are introduced: “I was speaking to Sam Allardyce the other night and he said they’re spending money now because he’s thinking that if they stay in this league next year, they’d have to lose nearly 75 per cent of their players. A few clubs are putting their eggs into one basket, gambling to go up.”


Photo: Action Images



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pitseablue added 13:21 - Feb 7
newboy..pay rise or no job..you choose .
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Marshalls_Mullet added 13:23 - Feb 7
Newboy - Poor wages on offer? Do you think Bullard, Bowyer, Chopra, JET, Martin and Edwards are on low wages?

The loanees wont have come cheap either.

I welcome the new rules. Will it really leave us any worse of than our current plight of fighting relegation each season?
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pitseablue added 13:32 - Feb 7
Got to say after spending around £50 per game to watch some of the rubbish on offer this season, I think I would rather not know how much some of the players are getting.
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Doctor_Albran added 13:41 - Feb 7
My understanding is that this relates to the FA implementation of the UEFA Financial fair play rules - not the FA adopting their own rules. The Premier League will also be adhering to the rules, although I'm unsure when they are being implemented - but as stated failure to implement will carry bans from UEFA competitions.

These rules can only be good for the game as teams will have to run according to what they can generate. avoiding teams like us and at the more extreme end of the scale Portsmouth running up massive debts which will never get paid.

Nobody seems to be considering the other people in this situation, the suppliers - some suppliers in the Portsmouth area have gone to the wall because of poor financial management at Pompey, so why should football clubs be allowed to force business to the wall whilst they are seemingly untouchable - even the Tax man has to stand with a begging bowl and anybody who has a small business will tell you they don't normally do that!

I actually think that it will be a good thing if a high profile team goes to the wall as it will highlight the poor management of these business and hopefully bring about even faster change, which is needed. (I'd feel sorry for the clubs fans, but worse things have happened in the world)
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Surco72 added 13:56 - Feb 7
All it means for English football is that Arsenal will become very successful ,and very unbeatable as they have always ran themselves with well financially and not bowed down to increasing pressure from fans and opposing teams .
Or nothing will happen at all because the lawyers of Europes big owners and teams will not allow it to happen ,being dictated to what they do with their own clubs .
As for the players they have had it too good for too long and their bubble is about to burst with the swing of power going back to the clubs ,which will lead to less movement in transfers and maybe more loyalty and committment in players ,all for the better
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newboy added 14:07 - Feb 7
Payrise or no job you choose stupid thing to say people won't come here if we are paying less than other clubs fact. If we pay peanuts we get monkeys fact (some of you are moaning we have enough of them already) we get any worse next years season tickets sales will plummet fact and this will in turn mean even less to spend on wages which means the quality goes down again fact. And so the cycle continues
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Greybritain added 14:18 - Feb 7
The fans do want to hear it. Planet football needs a reality check. Stop the player's pay inflationary spiral and we can begin to get ticket prices under control.
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Wickets added 14:24 - Feb 7
GOOD.
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walberswick added 14:31 - Feb 7
He's as thick as he is fat. PJ out.
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algarvefan added 14:50 - Feb 7
walberswick just because you don't like the message, don't resort to schoolboy insults! PJ is right in what he says, clubs have been living in some kind of dream world for years, players wages are obscene and the cost to the average Joe Public is too high. There has been an outcry about bankers bonus's and wages...why are footballers so different. I think we sit quite naturally in the Championship and will have the occasional 'flirtation' with the Premier League, there is nothing wrong with that given our limited resources.
Splashing the cash has not worked for ITFC, going back to producing our own 'goods' will be a necessity if we are to survive.
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noitan added 15:05 - Feb 7
In terms of generating income through the turnstyles we should compare favourably with the vast majority of sides in the Championship next year.

A good finish to this season and fans will be more willing to purchase season tickets for next season. If club is seen to be moving forward then fans more likely to support club and next season, so far as finances go, should be compare favourably to rest of League.
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newboy added 15:20 - Feb 7
marshalls mullett new contracts being offered at the club are substantially lower than people on here seem to think granted the old boys are raking it in but many are not by footballing standards last year eastman and brown went to lower league clubs because the pay and terms were better ,this year it will happen again and all we will be left with are the overpaid oaps who have the longer big money deals
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meekreech added 15:40 - Feb 7
newboy

Get real and come into the real world ! If you can not see the reality of some of the changes pending open your eyes ! You said nobody changes jobs for less money -------- WRONG !!! I did it twice in my working life . Both times it was because the challenge of the work was attractive and the chance to advance my knowledge and career ! Both occasions worked to my advantage and the rewards followed with career satisfaction !!!
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noitan added 15:51 - Feb 7
It's worth remembering that the restrictions will apply to the rest of the Championship teams and not just us.
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Marshalls_Mullet added 15:52 - Feb 7
Newboy I dont buy that re Brown and Eastman. Brown moved for first team opportunities.

Eastman was one of the worst 'footballers' Ive ever seen. I literally saw him injure himself trying to kick the ball against Hull last season. I took a mate along who is a spurs fan, and he couldnt believe how bad the lad was. Good riddence.

Lower wages, hoorah.
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Birch added 16:32 - Feb 7
The only way to go, although it will upset the league for a while. In Denmark it was introduced years back, that the clubs capital should always be minimum 25 % of the yearly wages. If not, the clubs are not allowed to sign any players.... So your wages are not based on optimistic income budgets, but also on what you have actually got in hand...
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meekreech added 17:02 - Feb 7
And Brown has been out on loan !
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MrCool added 17:14 - Feb 7
I think we'd all like to see more realism in football finances.

However, I have a suspicion that there will be loop-holes and that these will be exploited to the maximum...

..by ALL clubs, players, agents, managers, owners, etc, etc.
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rosseden added 20:10 - Feb 7
i suspect this is why were spending carefully, maybe a good chance to get a decent team together, then try to get up in the first year everyone else is dismantling their squads due to the new rules, and the main competition are the dismantled squads coming down from the Prem....... just a thought...... would be a clever business plan.......
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MickMillsTash added 21:24 - Feb 7
The new rules represent an opportunity to us and some threats.
Opportunities- our turnover must be one of the higher in the league so we should be able to afford better wages, we have a rich owner who I am sure can exploit some loop holes, expenisve players at less well off clubs will try to be off loaded and we could try and pick up.

Threats- we always seem to miss our oppotunities, we have a club full of high earners which will stifle our ability to bring in new faces until they are gone, any chance of us investing in Academy Grade A staus (or whatever it labelled) seem to now be very slim.

A Performance related pay structure must now be a high part of any negotiation- get us up get 500K£, plus more money appearance money related 'pay as play' contracts
Will transfer fees at our level now be at an end?

Jewell says everywhere he looks people are not being paid as much as they were- he must be refering to his home town Liverpool- Mr Jewell- please do not confuse benefit hand outs with pay
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RevAdrian added 08:17 - Feb 8
This is good because reality must come to football finance - just like it must come to the world of finance in general. The bad side seems to be that, as many have pointed out here, it might effectively make a complete closed shop of the Premier League. BUT just maybe if we take a longer term view things will change - the PM clubs are not exactly acting in a way which is necessarilly sustainable either. It could yet be that the gap will narrow - I don't expect to see it in the immediate future or in the next few years even but there is always hope!
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Keaneish added 09:24 - Feb 8
Finally! Good! And the idea of transfer embargoes is the right way to go!

What about bonuses instead of wages through? Are these included as i'm sure clubs will start to ad on whacking great bonuses for performance related pay instead of wages if not.

If those figures are correct about what is owed to Evans and it sounds right then no wonder there's limited funds appearing from the Wickham sale. Transparency is all we ask for, that and the fact that we've halted the slide of debt and it's beginning to reduce!
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walberswick added 14:42 - Feb 8
Good idea, kick out Bullard, Bowyer, Chopra, Scotland, Edwards, Jewell, Hutchings and McCarthy and start again.
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