by maffff »
28 Mar 2018 15:29
genome As others have said. FFP is calculated over a number of seasons, so even though we made a profit last year we're not necessarily in the green just yet.
39 million allowed over 3 years.
losses:
2013/14 £7.3m (loss)
2014/15 £2.6m (profit)
2015/16 £15,034,948 (loss)
2016/17 £4,661,150 (profit)
so this season 2017/18 we could (in theory) go up to £19.3m loss. which would take us up to the margins.
Once the £15m loss from 2015/16 is out of the way we'll have that monkey off our back going into next seaason. I assume that's what is referred to as the mismanagement of finance?.
Then we might have more financial freedom from next year, parachute payments or no parachute payments. Even more so if our losses aren't high from the current season.
If we broke even this year we'd have up to £43m losses available over the next two...
Last edited by
maffff on 28 Mar 2018 15:39, edited 1 time in total.