by muirinho »
04 Jan 2018 14:19
The Royal Forester muirinho Old Man Andrews
My point is people like you clearly have no idea what you are talking about.
Have
you read the Financial Accounts of the club (and other clubs) for the last few years? Do
you know anything about FFP?
Even a very casual perusal of the figures, with minimal knowledge, would show how close we are to breaching FFP all of the time.
Having a go at people like me who actually read the accounts, (and understand how accounts work!) doesn't change the numbers in those accounts. Nor does it change FFP rules.
Are we in danger of breaching FFP
even without sacking Stam. Yes, yes we are.
Just because you don't like it doesn't mean you should pretend it isn't true
Can't we do a QPR and pretend FFP doesn't apply to us? They seem to have got away with breaking the rules.
Haven't got away with it - what they are now appealing is the
size of the fine. It will happen eventually though.
worth noting that with the new regulations, clubs can be fined points as well as money. They can also be demoted from automatic promotion to play offs. Or out of play off positions.
As regards financial jiggery-pokery to try and get through FFP, there's not a lot you can do really. Investing in youth development, the women's side, and infrastructure are all excluded - but unless you want to get done for fraud you can't pretend money spent on the team was actually used to develop Bearwood. You can't get your own companies to sponsor the club and pay over the odds - if the figures look suspicious, the contract will assessed by neutrals, and a "fair market value" figure used instead.