25 Jan 2020 15:57:46
Just to enlighten some on FFP rules. Over a three year period each club is allowed to lose 5mill a year equalling 15mill over the three years with no problem. If the owner underwrites it that loss can be 13mill a year totalling 39mill. So if we spend 20mill now and Adidas cough up 20mill next season then i guess we are fine. Hence me continually saying FFP rules have little bearing on purchase of players. the high wages we are paying players like Bam probably has more impact.

{Ed002's Note - It is far from as simple as that.}

1.) 25 Jan 2020
25 Jan 2020 16:58:13
Spot on bielsa, I just said some earlier, the Radz can't do no wrong side don't like that little nugget pointed out to them.

2.) 25 Jan 2020
25 Jan 2020 16:56:49
Explain it to me Ed02. Structural improvements and youth investment do not count towards any spending as far as FFP is concerned so for me it is simply outgoings balanced against incomings. Senior wages transfers in management costs general running costs ie rent balanced against transfers out, merchandise gate takings any investment ie sale of shares. That is my understanding and its assessed over a three year period. If i am wrong please explain.

{Ed002's Note - I have no inclination to go in to detail but as you say the infrasrtucture costs and youth development closts are excluded - if there are any. This is why there are two sets of accounts. The other things you mention are a random incomplete list. The three years is a rolling three years.}

3.) 25 Jan 2020
25 Jan 2020 17:51:40
Well i do not want to go into too much detail ed so just picked the basics. I think i stated earlier it is a rolling three year period so investment next year would count when set against expenditure this year. Fact is if a club is less than 5mill in debt they are ok if they go over they are not, unless owner underwrites it. We were 20mill+ in debt and Cellino got it down to 2+. The clubs debts were restructured and i am not sure but he must have underwritten some of the previous years debt to avoid FFP. Would guess that was what the club statement about restructuring our debts was about, again just guessing that as if he had not we would have faced sanctions and we did not. Fact is Radz could do this but its pointless really for him as it just adds debt that he would want back in any sale. Aser is not about adding debt to clubs or shareholders but keeping finances sweet. Worked so far just need the final pieces to the jigsaw. We had a net profit on transfers of nearly 28mill, bought no one. Fulham, Hull, Stoke, Millwall, Wigan all have deficits on their transfer balances, spent more than they got. Guess they are all foul of FFP rules then.

{Ed002's Note - Try and remove the thought of "debt" per se.}

4.) 25 Jan 2020
25 Jan 2020 18:53:26
Forget about next year, we have to have good accounts every rolling 3 years.
The numbers for the past 2 seasons are known and this years addition to those has to add up to below the amounts mentioned above.
A crazy spend this year will therefore count towards the next 3 declarations.
When you consider we average close to the 5 mill loss a year with all the player sales people keep mentioning here we would struggle to spend big while still in the EFL without further big sales.
15 mill for Costa is already allocated so we have to be careful.

5.) 25 Jan 2020
25 Jan 2020 20:03:30
2 good posts lads, very analytical keep um coming.

6.) 25 Jan 2020
25 Jan 2020 21:45:42
Agree Canada spending big if it puts us into a bigger deficit is unwise if we end up staying in this division so why is Radz offering 20mill for Adams when we have to pay for Costa yet. However WBA sold 29mill worth of players as well but they have managed to spend 17mill on players. How do they do it. In fact their approach makes sense to me, third of income to balance books and rest to improve team. Be interesting to see if they fall foul of FFP. We sell the same and buy no one. Strange in it.

7.) 26 Jan 2020
26 Jan 2020 08:52:29
wba still getting parachute payments

Leeds is being run as a financially prudent business with big investment off the field for the first time in 20 years

Brentford run a profit on transfers, getting a new stadium for free

It’s not a crime to be savvy

In other news, Salford are spending massive amounts to slip further down the table

It’s not what you spend, but how you spend it.