Have we sorted Fair play problem out yet ? Just want to know when it is time for us to make one big money deal.
Quote from: Salsa Party Animal on August 02, 2017, 08:22:12 PMHave we sorted Fair play problem out yet ? Just want to know when it is time for us to make one big money deal. Going off the rules of FFP on this website http://www.financialfairplay.co.uk/financial-fair-play-explained.php we are allowed to make combined losses of £61m for 3 seasons including this one.2014/15 we lost £27.3m2015/16 we lost £79.6m (including the confusing writing off of 'tangible fixed assets' £44.8m and 'intangible assets' £34.8m)I'm not sure how that affects FFP or how it will affect this years accountsThat's a total of over £100m worth of losses, not sure really how we can avoid breaking the FFP rules and getting an embargo unless A. We get promoted or B. there was some accounting trickery last years regarding the writing off of assets.It's doesn't look good to me but what do I know?
Bristol Post is reporting Baker cost Bristol 500k so looks like we were a bit out on what he was sold for.
Quote from: aj2k77 on August 02, 2017, 09:03:44 PMQuote from: Salsa Party Animal on August 02, 2017, 08:22:12 PMHave we sorted Fair play problem out yet ? Just want to know when it is time for us to make one big money deal. Going off the rules of FFP on this website http://www.financialfairplay.co.uk/financial-fair-play-explained.php we are allowed to make combined losses of £61m for 3 seasons including this one.2014/15 we lost £27.3m2015/16 we lost £79.6m (including the confusing writing off of 'tangible fixed assets' £44.8m and 'intangible assets' £34.8m)I'm not sure how that affects FFP or how it will affect this years accountsThat's a total of over £100m worth of losses, not sure really how we can avoid breaking the FFP rules and getting an embargo unless A. We get promoted or B. there was some accounting trickery last years regarding the writing off of assets.It's doesn't look good to me but what do I know?According to that link, if I've read the table correctly then we were permitted a loss of £83m. It would be £61m if we'd just finished our second season in the Championship. So if we don't go up this season, next season the three-season loss would be a maximum of £61m.