Just had a quick scan through the FFP rule book, we are looking a bit dodgy to me. :blue:
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Just had a quick scan through the FFP rule book, we are looking a bit dodgy to me. :blue:
If we were close Everton must have been way over BT can’t see us throwing stones in glass houses if we weren’t on the right side of things, plus all the high earners have gone now so that should have brought things back in line a bit.Quote:
Originally Posted by The Bedlington Terrier
Makes you wander where all the other Prem clubs are if we were / are flirting with it when we literally didn’t spend anything pro rata
I can't be arsed going through the small print mon ami, help me out please, what's the problem ?Quote:
Originally Posted by The Bedlington Terrier
We have reduced wages considerably by removing virtually all the premier contracts ( 12 gone) by transfer or negotiating new deals( jay Barnes). We have not spent anywhere near the transfer income we have got and will get from Cornet sale in addition, plus parachute payments. Why or how are we in danger of non compliance with FFP?
Can't see you having a problem with FFP really. Where's the issue?
Reading between the lines it seems leveraged buyouts are deemed risky because of the debt involved and it suggests in this scenario the creditor not the debtor controls the club.Quote:
Originally Posted by wanderlust
I may be worrying for nowt. >:(