AFC Bournemouth: Adam Lallana windfall will boost Cherries' chances of meeting financial fair play criteria

Bournemouth Echo: LIVERPOOL-BOUND: Dorset resident Adam Lallana LIVERPOOL-BOUND: Dorset resident Adam Lallana

CHERRIES’ chances of meeting strict financial fair play criteria will receive a major boost once Adam Lallana’s move to Liverpool has gone through.

Dorset resident Lallana, who was on Cherries’ books as a youngster, is set to have a medical on Merseyside ahead of completing a reported £25million transfer from Southampton.

The England international was signed by Saints as a 12-year-old in September 2000 with Cherries receiving £2,000 for the two years he was registered with the club together with a £1,000 finding fee.

Further stage payments were made when Lallana signed scholarship (£5,000) and professional forms (£10,000) for Saints, while an FA tribunal also made provision for the Dorset club to receive a 25 per cent sell-on.

And despite Cherries’ financial problems of the past, including going into administration, the agreement has remained in place and the club is in line to bank a windfall of more than £6m.

The funds, together with the £2.5m received from the sale of last season’s leading goalscorer Lewis Grabban to Norwich City, could help Cherries fall within financial fair play limits.

Championship clubs were permitted to lose a maximum of £8m – or £3m if an owner did not inject equity – during 2013-14 and are due to report figures to the Football League in December.

In April, the Dorset club revealed losses of more than £15m for the financial year to the end of July 2013 and were looking likely to face sanctions for breaking the limits.

However, while Cherries are one of a number of clubs still campaigning for the thresholds to be increased, Lallana’s sale will significantly improve their chances of avoiding any penalties.

Born in St Albans, Lallana and his family moved to Iford when he was five and he soon became a regular at a Monday night football club run by former Cherries youth team boss Terry Wateridge.

The youngster also became a member of Littledown Juniors and was soon invited by Wateridge to join the AFC Bournemouth centre of excellence.

In a recent interview with the Daily Echo, Wateridge said: “We didn’t want to lose him and fought hard to keep him. He may have only been 12 at the time but you know you have a good player and you don’t want to lose them. My job was to keep him but I couldn’t and that is why I wanted compensation for him.”

Meanwhile, former Cherries boss Paul Groves has been appointed first-team coach by League One outfit Crawley Town.

Comments (22)

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6:40pm Fri 27 Jun 14

afcbtintin says...

Bye bye paul groves.

UTCIAD
Bye bye paul groves. UTCIAD afcbtintin
  • Score: -15

7:39pm Fri 27 Jun 14

boyerboy says...

This would infer we are not spending the gift from Tha Stains ?
This would infer we are not spending the gift from Tha Stains ? boyerboy
  • Score: -11

7:50pm Fri 27 Jun 14

YafcbY says...

Ironically had we managed to keep Lallana during our league one / two days, we would have lost him for around 100K!!! Very good news indeed about his transfer :)
Ironically had we managed to keep Lallana during our league one / two days, we would have lost him for around 100K!!! Very good news indeed about his transfer :) YafcbY
  • Score: 14

7:51pm Fri 27 Jun 14

YafcbY says...

boyerboy wrote:
This would infer we are not spending the gift from Tha Stains ?
Might not be able to due to FFP
[quote][p][bold]boyerboy[/bold] wrote: This would infer we are not spending the gift from Tha Stains ?[/p][/quote]Might not be able to due to FFP YafcbY
  • Score: -3

8:12pm Fri 27 Jun 14

cromwell9 says...

O good,6 mill from the town down the road,
O good,6 mill from the town down the road, cromwell9
  • Score: -2

8:40pm Fri 27 Jun 14

lionheart says...

When I was involved with the Junior Cherries Family Club Football Club Adam's father was manager of one of the teams. Adam played for Littledown Juniors and the Junior Cherries before Terry Wateridge came on the scene.
When I was involved with the Junior Cherries Family Club Football Club Adam's father was manager of one of the teams. Adam played for Littledown Juniors and the Junior Cherries before Terry Wateridge came on the scene. lionheart
  • Score: -3

10:29pm Fri 27 Jun 14

raybren says...

Paul Groves to Crawley - creepy !
Paul Groves to Crawley - creepy ! raybren
  • Score: -1

7:08am Sat 28 Jun 14

bobsworthforever says...

FFP I cant see the rules being the same in December as they are now when push comes to shove we will get over it plenty of room for a bit of negotiation knowing football .I see a goalscorer arriving soon
FFP I cant see the rules being the same in December as they are now when push comes to shove we will get over it plenty of room for a bit of negotiation knowing football .I see a goalscorer arriving soon bobsworthforever
  • Score: 3

8:18am Sat 28 Jun 14

afcbtintin says...

bobsworthforever wrote:
FFP I cant see the rules being the same in December as they are now when push comes to shove we will get over it plenty of room for a bit of negotiation knowing football .I see a goalscorer arriving soon
Are you saying if ffp changes we can just carry on spending and forget the debt? At the end of the day debt is debt and it needs clearing whether due to rules or not.

I apologise if I have misunderstood your post.

UTCIAD
[quote][p][bold]bobsworthforever[/bold] wrote: FFP I cant see the rules being the same in December as they are now when push comes to shove we will get over it plenty of room for a bit of negotiation knowing football .I see a goalscorer arriving soon[/p][/quote]Are you saying if ffp changes we can just carry on spending and forget the debt? At the end of the day debt is debt and it needs clearing whether due to rules or not. I apologise if I have misunderstood your post. UTCIAD afcbtintin
  • Score: 15

10:17am Sat 28 Jun 14

St Albans Cherry says...

If we can repair our finances a little then this has been good business. Well done Adam for achieving so much. As pointed out the irony is that when we were down and out he would have left us for next to nothing so well done all round to those that secured the bonus. This is turning out to be a very good start to the season. I would like to think that we have the talent on the bench to see us through this season. pressure is off re the FPP and rather than worry about where the next meal is coming from we can all sit in our seats, enjoy the season and watch the boys strut their stuff!
Like others on here there are some players that need to man up this season and emulate Simon Francis who proved more than able last season and show others the way. he was my player of the season. So it's time now to see more from Shaun Mac and the other B teamers.
Up the Cherries!
If we can repair our finances a little then this has been good business. Well done Adam for achieving so much. As pointed out the irony is that when we were down and out he would have left us for next to nothing so well done all round to those that secured the bonus. This is turning out to be a very good start to the season. I would like to think that we have the talent on the bench to see us through this season. pressure is off re the FPP and rather than worry about where the next meal is coming from we can all sit in our seats, enjoy the season and watch the boys strut their stuff! Like others on here there are some players that need to man up this season and emulate Simon Francis who proved more than able last season and show others the way. he was my player of the season. So it's time now to see more from Shaun Mac and the other B teamers. Up the Cherries! St Albans Cherry
  • Score: 4

10:56am Sat 28 Jun 14

devon fan says...

if the club were to continue to post losses such as in the last 2 seasons it would only prove to be complete mismanagement by the board, although FFP is perhaps not so fair it is a good thing that something is in place or in 2 years time we might not have a football club to enjoy
if the club were to continue to post losses such as in the last 2 seasons it would only prove to be complete mismanagement by the board, although FFP is perhaps not so fair it is a good thing that something is in place or in 2 years time we might not have a football club to enjoy devon fan
  • Score: 5

11:48am Sat 28 Jun 14

Cherryfan says...

I would be interested on any views on how a club with approx 10K gates can run within its financial means in the championship without racking up big debts like we have. The salaries are huge thanks to the ridiculous knock-on effects of the premiership. Either we sell regularly or we have to have a Maxim. Otherwise it will be de ja vous again.
I would be interested on any views on how a club with approx 10K gates can run within its financial means in the championship without racking up big debts like we have. The salaries are huge thanks to the ridiculous knock-on effects of the premiership. Either we sell regularly or we have to have a Maxim. Otherwise it will be de ja vous again. Cherryfan
  • Score: 5

12:05pm Sat 28 Jun 14

bobsworthforever says...

afcbtintin wrote:
bobsworthforever wrote:
FFP I cant see the rules being the same in December as they are now when push comes to shove we will get over it plenty of room for a bit of negotiation knowing football .I see a goalscorer arriving soon
Are you saying if ffp changes we can just carry on spending and forget the debt? At the end of the day debt is debt and it needs clearing whether due to rules or not.

I apologise if I have misunderstood your post.

UTCIAD
What im saying is FFP wont be as onerous in December 2014 as it appears now as for clearing our debts I don't think we can progress without investment in the playing staff unless the ultimate goal isn't the Premiership. Weve already signed two handy looking players on Free Transfers I don't think it is possible with replacing Grabban that's all
[quote][p][bold]afcbtintin[/bold] wrote: [quote][p][bold]bobsworthforever[/bold] wrote: FFP I cant see the rules being the same in December as they are now when push comes to shove we will get over it plenty of room for a bit of negotiation knowing football .I see a goalscorer arriving soon[/p][/quote]Are you saying if ffp changes we can just carry on spending and forget the debt? At the end of the day debt is debt and it needs clearing whether due to rules or not. I apologise if I have misunderstood your post. UTCIAD[/p][/quote]What im saying is FFP wont be as onerous in December 2014 as it appears now as for clearing our debts I don't think we can progress without investment in the playing staff unless the ultimate goal isn't the Premiership. Weve already signed two handy looking players on Free Transfers I don't think it is possible with replacing Grabban that's all bobsworthforever
  • Score: 2

12:13pm Sat 28 Jun 14

Nick46 says...

How about using some of the windfall to reduce 20% increase in season ticket prices.
How about using some of the windfall to reduce 20% increase in season ticket prices. Nick46
  • Score: -12

12:29pm Sat 28 Jun 14

Solentcherry says...

I personally like to look upon this Lallana windfall as some kind of divine justice and recompense for all the players we've had to let go too cheaply over the last 40 yrs !.
I'm sure all of us can remember at least one player that would fit into this category.
Also, don't be misled by the thought of free transfers being 'free'. No transfer fee, yes, but bound to be big wages and signing on fee, agents fee etc to make up for it.
I can see another roller coaster season ride coming up. Can't wait.
COYC.
I personally like to look upon this Lallana windfall as some kind of divine justice and recompense for all the players we've had to let go too cheaply over the last 40 yrs !. I'm sure all of us can remember at least one player that would fit into this category. Also, don't be misled by the thought of free transfers being 'free'. No transfer fee, yes, but bound to be big wages and signing on fee, agents fee etc to make up for it. I can see another roller coaster season ride coming up. Can't wait. COYC. Solentcherry
  • Score: 8

1:49pm Sat 28 Jun 14

AfcbBlues says...

Nick46 - ridiculous comment, if you dont like it dont pay it !! you have to pay to watch quality, if you want to papeanuts go and watch someone like Wimborne town.
Nick46 - ridiculous comment, if you dont like it dont pay it !! you have to pay to watch quality, if you want to papeanuts go and watch someone like Wimborne town. AfcbBlues
  • Score: 1

2:04pm Sat 28 Jun 14

matt68 says...

well i imagine this money will be paid over 3 years as thats how these deals work these days so we will get about 2 million a year for next 3 seasons but judging by our wage bill it will just help pay wages , i imagine we will get more players on a free as from jul 1st there are loads of players out of contract and with this money we can pay them a higher wage so on july 25th we will chant Adam Llana to those s******s !!
well i imagine this money will be paid over 3 years as thats how these deals work these days so we will get about 2 million a year for next 3 seasons but judging by our wage bill it will just help pay wages , i imagine we will get more players on a free as from jul 1st there are loads of players out of contract and with this money we can pay them a higher wage so on july 25th we will chant Adam Llana to those s******s !! matt68
  • Score: -1

5:24pm Sat 28 Jun 14

apm1954 says...

Bring back mitchell
Bring back mitchell apm1954
  • Score: -6

5:26pm Sat 28 Jun 14

holdinkæft says...

Nick46 wrote:
How about using some of the windfall to reduce 20% increase in season ticket prices.
Why? they were increased for a reason. we need the money.
[quote][p][bold]Nick46[/bold] wrote: How about using some of the windfall to reduce 20% increase in season ticket prices.[/p][/quote]Why? they were increased for a reason. we need the money. holdinkæft
  • Score: 7

6:41pm Sat 28 Jun 14

BishopforEngland says...

Nick46 wrote:
How about using some of the windfall to reduce 20% increase in season ticket prices.
If you don't like the increase in price don't pay it you plum. Ridiculous thing to sing!!!
[quote][p][bold]Nick46[/bold] wrote: How about using some of the windfall to reduce 20% increase in season ticket prices.[/p][/quote]If you don't like the increase in price don't pay it you plum. Ridiculous thing to sing!!! BishopforEngland
  • Score: 5

6:42pm Sat 28 Jun 14

BishopforEngland says...

BishopforEngland wrote:
Nick46 wrote:
How about using some of the windfall to reduce 20% increase in season ticket prices.
If you don't like the increase in price don't pay it you plum. Ridiculous thing to sing!!!
I mean say
[quote][p][bold]BishopforEngland[/bold] wrote: [quote][p][bold]Nick46[/bold] wrote: How about using some of the windfall to reduce 20% increase in season ticket prices.[/p][/quote]If you don't like the increase in price don't pay it you plum. Ridiculous thing to sing!!![/p][/quote]I mean say BishopforEngland
  • Score: 1

8:31am Sun 29 Jun 14

alasdair1967 says...

BishopforEngland wrote:
Nick46 wrote:
How about using some of the windfall to reduce 20% increase in season ticket prices.
If you don't like the increase in price don't pay it you plum. Ridiculous thing to sing!!!
It seems hardly anybody has been too bothered about the season ticket price increase the ground is all but sold out ,the only available tickets for home matches will be in the macdougal stand so will be like rocking horse poo
[quote][p][bold]BishopforEngland[/bold] wrote: [quote][p][bold]Nick46[/bold] wrote: How about using some of the windfall to reduce 20% increase in season ticket prices.[/p][/quote]If you don't like the increase in price don't pay it you plum. Ridiculous thing to sing!!![/p][/quote]It seems hardly anybody has been too bothered about the season ticket price increase the ground is all but sold out ,the only available tickets for home matches will be in the macdougal stand so will be like rocking horse poo alasdair1967
  • Score: 1

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