No wonder some clubs want to scrap it..!
£42m fine and embargo for breaking FFP back when they won promotion to the PL. They've been well and truly punished for breaking the rules but also declaring in the accounts that £60m of it was written off loans so didn't count towards FFP in their opinion, which the EFL were having none of it
If the FL would've accepted that, then all clubs could write these loans off and of course make a mockery of the rules
Rumour that Wendy are under embargo, with Nixon saying things will be a lot clearer for a lot of clubs next Wednesday
No wonder some clubs want to scrap it..!
So if you gamble and win they fine you next to nowt 7m - Bournemouth but if you fail you get whacked with 42m how's that work then
It’s repayable back over 10 years though Bull cos the Efl don’t want to place any ‘undue financial pressure’ on the clubs future.
What kind of punishment is that?
If we broke the law and embezzled money from a company would we get such leniency.
We won’t send you to prison cos it might put undue pressure on you feeding your family and paying your mortgage!
For the first time in donkeys years we have a fantastic manager, get in a pretty good financial position and we get the owners throwing their toys out the pram. Couldn’t make it up.
I blame Wilder, if he’d failed last season and we were still floundering around in the pub league, neither owner would have seen the pound signs flashing and got greedy.