Re: City & FFP (continued)
They lost around £100m in the last two seasons. Take out a generous £20m for exemptions and they sit at £80m loss. They can't use the pre 2010 deduction as their accounts don't show an improving trend.
They also haven't converted those losses to equity, so their limit for FFP purposes is €5m. They fail by around £77m.
Hungarian blue said:MSP said:Could anyone tell me why Liverpool was not looked at at all?
Because they were not present in Europe for that monitoring period at all.
But I think, even if they would have been, they would just about made it as they whole losses were cca. 40m / season and some of these figures do not count for FFP.
They lost around £100m in the last two seasons. Take out a generous £20m for exemptions and they sit at £80m loss. They can't use the pre 2010 deduction as their accounts don't show an improving trend.
They also haven't converted those losses to equity, so their limit for FFP purposes is €5m. They fail by around £77m.