Will Jim'll fix it break FFP ?

[Bigg Bigg Blue]

I’m a long, long way off being a FFP expert. And I’ve no particular desire to be. But I’m pretty sure that investment in the ground, or building a new ground falls outside of all restrictions on spending.

If that's the case then fair enough so does that mean our £300 million new stand is being paid for by the owner ?
Proper question.
Thanks for taking time to answer as I had no idea.

 

[burning blue soul]

A lot of cynicism in this thread. I'm sure Chemical Jim will have everything above board with no shenanigans going on.
We all need to be a bit more trusting of the football authorities in this country.
When have they ever let's us down?

 

[antspider]

Think he can spend what he likes, just needs 3 quotes per spend

 

[Prestwich_Blue]

If that's the case then fair enough so does that mean our £300 million new stand is being paid for by the owner ?
Proper question.
Thanks for taking time to answer as I had no idea.

It's not the putting mohey in that's the issue. Our owner has put in round £1.5bn and no one's been bothered about that have they? ;-)

If he puts money in, they can spend it on infrastructure without my issues. Sheikh Mansour funded the South Stand 3rd tier and the CFA. That's classed as capital spending, and goes on the balance sheet. The issue is revenue.

He could get Ineos to sponsor them, which then becomes income in the Profit & Loss account, but if he did that for £250m he presumably wouldn't get that past the PL's accountants. If he did a shirt sponsorship for, say £60m though, that's going to be OK. You earn income from TV money, ticket sales and commercial income, and that's what you can spend.

 

[TinFoilHat]

His staff will break doping laws that's for sure.

 

[Asa's left peg]

There are some new rules coming in that means he can spend it on the team.

 

[city2]

There are some new rules coming in that means he can spend it on the team.

Still won’t make any difference to that team, they have too many dead legs as my old mum use to say about my mates.

 

[Blue Til Death]

If Jimbo puts in £245 million of his own money into the swamp, is this breaking FFP rules ?
Can any of our clever people on here please answer this for me ?

Not if he uses it to fix the roof…!

 

[dadnlad]

the rules dont apply to them checks notes yep red shirts exempt if not now soon will be with gill writing them as i type

 

[Alan Harper's Tash]

Not if he uses it to fix the roof…!

Never disrespect the Fergie Fountain.