S04
Well-Known Member
Challenger1978 said:Dave Ewing's Back 'eader said:Falastur said:Sorry, I have a bad tendency to overreact on forums. My fault entirely. I do wish that people would just accept that City are determined to play FFPR straight and not find a way of cheating it, though.
If there is a loophole then the folk at MCFC would have found it and it wouldn't be cheating. But spending 100m, 200m or whatever buying the stadium doesn't make a scrap of sense in terms of FFPR.
We could buy the stadium then secure a big fuck of loan on it for a couple of billion (from a Muslim bank with fuck all interest) that we arrange to pay of at so many million a year for the next couple of hundred years. BOOM there goes FFP in a completely legit way. Although having said that we could probably do the same trick with the Training campus.
Islamic bank don´t charge interest yes, they take a slice of your revenue instead..
As for buying the stadium it doesn´t make any financial sense, so much better to let it have stay with the council until it´s time to build a new one sometime in the future.