It's absolutely nothing to do with FFPR. Cash levels and debt have absolutely nothing to do with FFPR, bar the interest on debts reducing profit, which wouldn't help us in the slightest.Can only think it's being done to aid in some sort of ''creative" bookeeping to help us stay in line with FFP. I think that's part of the issue with us haggling so hard over prices this window too. Perhaps last windows spending plus Laporte in the summer has us a little stretched over this 3 year period (in FFP terms, the sheikh is obviously still loaded).
I don't know all the FFP fine print, just the broad brush strokes but I wouldn't be surprised if high grade secured debt is treated differently to direct cash injections from the owner. We know United and Barca are drowning in debt yet due to their revenue they are still able to spend exorbitant amounts.
Check his occupation.It's absolutely nothing to do with FFPR. Cash levels and debt have absolutely nothing to do with FFPR, bar the interest on debts reducing profit, which wouldn't help us in the slightest.
It doesn't matter whether we've 2p in the bank or 2 trillion, that doesn't affect our profit and loss statement.
Dear mother of fucking Jesus.Check his occupation.
Shaun Goater still looks after himself..This season is shaping-up to be a complete disaster. Thrashed in the International Champions Cup of the Whole World final, zero progress on the much-needed comprehensive overhaul of an ageing playing squad and now the reality of our perilous financial situation becomes public knowledge. Unless Wardle/Makin can do the honours, there may be troubled times ahead.
Lol, I had to look it upDear mother of fucking Jesus.
Can only think it's being done to aid in some sort of ''creative" bookeeping to help us stay in line with FFP. I think that's part of the issue with us haggling so hard over prices this window too. Perhaps last windows spending plus Laporte in the summer has us a little stretched over this 3 year period (in FFP terms, the sheikh is obviously still loaded).
I don't know all the FFP fine print, just the broad brush strokes but I wouldn't be surprised if high grade secured debt is treated differently to direct cash injections from the owner. We know United and Barca are drowning in debt yet due to their revenue they are still able to spend exorbitant amounts.
*shakes head in despair*Lol, I had to look it up