Reading quite a lot recently about the status of this dump of a club. What really irks me is, this is the first time ever, that a club, as it has been presented of this size, has ever been linked with the red line of the Financial Fair Play regulations.
Now whether these are FA's or UEFA's rule structures this cannot just be a "whoops" we just got here situation. Something is absolutely stinking about that club financially, and the fact is, that from the latest news, debt is at 750 million, with 350 million still to go out in transfers from previous years. And in the last 5 years they have spent 500 million pounds in transfers but sold for 60 million.
How in the world, have these lot not been failing FFP for a while now, if they have't won anything of value in the last 10 years, red lined themselves year after year, and yet spent over a billion and a half.
Please someone with a bit more technical knowledge explain it to me. Because it really stinks to high heaven.
