I just had a look at the rumours thread and though it was worth starting a separate discussion on Academy status. I have heard stories that CAFC were planning a bid for Category 1 status and wanted to be certain of getting it as failure means you cannot re-apply for 3(?) years. The article below is getting close to a year old but highlights that Category 2 gets you £200K for players on the off whereas Category 3 only gets £72K.
watfordobserver.co.uk/sport/9877884.What_is_the_difference_between_a_Category_1_and_3_Academy_/It would be good if someone can explain more of the differences... one thing that will be in tomorrow's Trust News: Academy expenses are excluded from Financial Fair Play calculations which begin next season and could lead to sanctions as early as January 2015 once accounts for next season are filed.
Comments
Happy to be corrected otherwise.
I wasn't aware we had actually applied for Cat 1?
£1.5M net pa for Cat 2. When our t/o is £8M this is a marginal decision.
Incidentally what's the source of those numbers - I thought there were some grants available to offset vs costs?
That number was quoted in the Richard Murray at Bromley Addicks meeting thread. I didn't go to the meeting so I don't know is whether that's over two years - the Cat 1 licence lasts for two years before being renewed, so presumably clubs with Cat 1 status (or chasing it) would presumably have to guarantee that ca £5m has been budgetted for over the lifetime of the licence.
My understanding is for Cat A of a minimum budget of 2.35m of which something like 750k is provided by central funding. So net budget spend of circa 1.5m
I may be wrong though.
As for the likes of Chelsea nicking our best players - they have taken one, possibly we have lost another to Man U, but there's no official word on that. Perhaps they made generous offers to others (and maybe other clubs have as well), given the success of the academy teams this year I think it more likely than not, but if so it's telling that the rest of the academy have chosen not to follow Kasey Palmer out of the club. The issue as I see it is the paucity of compensation under the current system, but that's another matter. Also, bear in mind that even if we had Cat One status Chelsea could still have persuaded Kasey Palmer to leave (he's not a slave - and there's enough employment contract law out there that would bear that out) but they would have had to pay out more in compensation.
Well it's the thought that counts ....
Hart: "We passed the assessment with an extremely high percentage, and the auditors were very complimentary" http://bit.ly/1asQX2p #cafc
Well done though to Paul and everyone else for getting Cat 2 and that is better than many will do but we wanted and we're going for Cat 1.
And as spending on the Academy is outside of financial fair play limitation the money could have been spent is we'd wanted to and if we'd had it.
Mornington CrescentLevel 1 directly, or is Level 2 a necessary staging post?Does it mean that we'll get better players signing for us? Does it mean that the players we develop will be better equipped for the first team? Does it mean that the players we sell will be worth more because they were trained at a more prestigious academy, or is it just a rubber stamp and a pat on the back that we're doing something right?
Sorry if it sounds a bit negative - I'm not negative at all. I just have a lot of questions.
Apart from budgets, it seems that one of the biggest differences is the age of players that can be coached. According to this the lower age limit drops from 11 years to 4 with category 2 status. Presumably this gives the club the chance to be in for better players earlier on before other clubs get them.
When it was thought we had lost archie edwards to man citeh the biggest gutter for me was that regardless of how much potential he has that i would love to see in the red of cafc
The thought that citeh got him on the cheap real cheap was annoying
That might be in the current EPPP rules, but I'd be curious to see what would happen if a Cat Two club did poach a player from a Cat One academy. Ultimately it would end up in court if the Cat Two club refused to back down and I'm not so sure that this particular rule would stand up to a legal challenge. We'll never know until a club tries it...