Bluekiwi
Well-Known Member
- Joined
- 13 Apr 2009
- Messages
- 3,851
- Location
- New Zealand (since 1974)
- Team supported
- Manchester City (from 1955) & Adelaide Crows (AFL)
Thanks for the clarificationIt is. That means their 2020 result, after adding back allowable expenses, can't be more than a €30m loss. I'm assuming it's an aggregate for 2019/20 and 2020/21 though, not just the 2020 financial year.
We had to meet targets of €20m then €10m in the two years we were under sanction. Normally it's €30m over 3 seasons, so that seems quite generous on the surface. However they'll have suffered significant revenue loss this last financial year so maybe not.