Alan Harper's Tash
Well-Known Member
- Joined
- 12 Dec 2010
- Messages
- 61,105
“
The amendment failed, however, because several clubs thought the wording of the ban was too wide, according to people with knowledge of the proposal. It did not clearly distinguish between the type of non-football revenues that clubs believe they should be encouraged to exploit, such as building hotels, houses or indoor arenas, and the accountancy tricks of selling existing property to yourself.
It is therefore almost certain that the Premier League will try to tighten up its proposal and bring it back to the clubs, as it believes it needs more tools to effectively regulate the clubs to ensure sustainability and fair competition.”
Where does that leave you PSR wise before 30 June? Do you sell to eradicate the risk of failing, or do you bank on these property sales being allowable?