AFC Bournemouth: Mostyn clarifies Demin 'frustration' claim

Bournemouth Echo: CHAIRMAN: Jeff Mostyn CHAIRMAN: Jeff Mostyn

JEFF Mostyn has moved to clarify the club’s stance on financial fair play following a recent national newspaper article which said owner Maxim Demin could become “frustrated”.

Chairman Mostyn was interviewed and quoted in the story which appeared in The Guardian in the lead up to Cherries’ high-profile FA Cup clash against Liverpool.

In it, Mostyn said there was a financial imbalance due to massive parachute payments made to clubs relegated from the Premier League, with the article going on to warn Demin could become “frustrated” if his spending and ambitions were too constrained.

Speaking to the Daily Echo, Mostyn said: “There were one or two comments in the national press that there was an element of frustration around the football club in relation to Maxim. I would like to make it abundantly clear that nobody is frustrated. We are all ecstatic about the progress we are making.

“The comment was made in relation to financial fair play. We believe it is slightly unfair where you have clubs dropping into the Championship from the Premier League with £23million worth of parachute payments and yet we have to look towards breaking even.

“That is the frustration which is shared by most Championship clubs not in receipt of any parachute payments. I can assure our supporters that Maxim is extremely happy with the strides we are making.”

Under financial fair play, clubs in the Championship are permitted to incur a loss of between £3million and £8m this season. The £3m ceiling applies if the club owner does not inject equity. Sanctions for any overspend would be implemented in December.

Comments (8)

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8:37pm Mon 27 Jan 14

Afcbpete says...

There will always be those almost hoping it all goes belly up here. I feel very confident, that we're one of the most fortunate clubs around, to have the owner we do in Maxim. There's much we'll never know, and you'll always have those speculating that he'll walk leaving us in another Pompey situation. I for one don't believe that will happen one bit, and far from nervously looking over my shoulder towards administration, I'm looking forwards to a future brighter than dreams would ever of allowed!!! UTCIAD
There will always be those almost hoping it all goes belly up here. I feel very confident, that we're one of the most fortunate clubs around, to have the owner we do in Maxim. There's much we'll never know, and you'll always have those speculating that he'll walk leaving us in another Pompey situation. I for one don't believe that will happen one bit, and far from nervously looking over my shoulder towards administration, I'm looking forwards to a future brighter than dreams would ever of allowed!!! UTCIAD Afcbpete
  • Score: 16

9:26pm Mon 27 Jan 14

golfer33 says...

Afcbpete wrote:
There will always be those almost hoping it all goes belly up here. I feel very confident, that we're one of the most fortunate clubs around, to have the owner we do in Maxim. There's much we'll never know, and you'll always have those speculating that he'll walk leaving us in another Pompey situation. I for one don't believe that will happen one bit, and far from nervously looking over my shoulder towards administration, I'm looking forwards to a future brighter than dreams would ever of allowed!!! UTCIAD
Agree, WE ARE SO LUCKY,
Maxim is of course frustrated, he cant strengthen the side like he wants.
But he must be patient. we also need a bigger ground if we suceed.
[quote][p][bold]Afcbpete[/bold] wrote: There will always be those almost hoping it all goes belly up here. I feel very confident, that we're one of the most fortunate clubs around, to have the owner we do in Maxim. There's much we'll never know, and you'll always have those speculating that he'll walk leaving us in another Pompey situation. I for one don't believe that will happen one bit, and far from nervously looking over my shoulder towards administration, I'm looking forwards to a future brighter than dreams would ever of allowed!!! UTCIAD[/p][/quote]Agree, WE ARE SO LUCKY, Maxim is of course frustrated, he cant strengthen the side like he wants. But he must be patient. we also need a bigger ground if we suceed. golfer33
  • Score: 8

11:09pm Mon 27 Jan 14

big_afcb_fan says...

slightly worrying story this, hopefully just the red tops throwing mud and hoping enough sticks.
slightly worrying story this, hopefully just the red tops throwing mud and hoping enough sticks. big_afcb_fan
  • Score: 4

4:05am Tue 28 Jan 14

ASM says...

its win win, the rule protects the club and we have an owner with mega ambition and funds to back his vision
we are lucky to have denim on board
its win win, the rule protects the club and we have an owner with mega ambition and funds to back his vision we are lucky to have denim on board ASM
  • Score: 1

6:50am Tue 28 Jan 14

alasdair1967 says...

Slightly off subject ,not so much hype about tonight's game ,
Slightly off subject ,not so much hype about tonight's game , alasdair1967
  • Score: 2

8:55am Tue 28 Jan 14

mark.s says...

As said, we do suddenly seem to have attracted some enemies and people who hope things fail here. But all we can do is keep chipping away and making progress.
As said, we do suddenly seem to have attracted some enemies and people who hope things fail here. But all we can do is keep chipping away and making progress. mark.s
  • Score: 4

9:28am Tue 28 Jan 14

bobsworthforever says...

Well not many things in life are fair but overall I think the ffp rules do generally benefit the lower leagues something had to be done not perfect but better than nothing
Well not many things in life are fair but overall I think the ffp rules do generally benefit the lower leagues something had to be done not perfect but better than nothing bobsworthforever
  • Score: 0

10:55am Tue 28 Jan 14

Blackandred says...

Afcbpete wrote:
There will always be those almost hoping it all goes belly up here. I feel very confident, that we're one of the most fortunate clubs around, to have the owner we do in Maxim. There's much we'll never know, and you'll always have those speculating that he'll walk leaving us in another Pompey situation. I for one don't believe that will happen one bit, and far from nervously looking over my shoulder towards administration, I'm looking forwards to a future brighter than dreams would ever of allowed!!! UTCIAD
Well said.
[quote][p][bold]Afcbpete[/bold] wrote: There will always be those almost hoping it all goes belly up here. I feel very confident, that we're one of the most fortunate clubs around, to have the owner we do in Maxim. There's much we'll never know, and you'll always have those speculating that he'll walk leaving us in another Pompey situation. I for one don't believe that will happen one bit, and far from nervously looking over my shoulder towards administration, I'm looking forwards to a future brighter than dreams would ever of allowed!!! UTCIAD[/p][/quote]Well said. Blackandred
  • Score: 0

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