Financial fair play

[Risso]

The sales of Jack and McGinn this summer should add about £40m to our net profit.

[Captain Sensible]

The sales of Jack and McGinn this summer should add about £40m to our net profit.

That won’t help one iota re the immediate FFP issue. They cannot he sold until the transfer window opens on 1st July and it is the accounts for the year ended 31st May 2019 which is relevant.  They cannot be sold before 31st May!  Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

[andyh]

The sales of Jack and McGinn this summer should add about £40m to our net profit.

Sadly I think you are right.
It’s not a case of wanting to sell our best players but it’s the stark reality of spending 3 (going on 4) years in this division.
I think regardless of how rich our owners are, they won’t be allowed to spend any where the amount needed to rebuild the squad without bringing in significant cash first.

[brian green]

We're doomed I tell ye.  Doomed.  *rolls eyeballs*.

[Captain Sensible]

The sales of Jack and McGinn this summer should add about £40m to our net profit.

Sadly I think you are right.
It’s not a case of wanting to sell our best players but it’s the stark reality of spending 3 (going on 4) years in this division.
I think regardless of how rich our owners are, they won’t be allowed to spend any where the amount needed to rebuild the squad without bringing in significant cash first.

The absurdity of FFP is that they must sell, raise a lot of money to generate profit to wipe out FFP losses, but not then be able to sign players for fees with a transfer embargo, and still must keep the wage bill right down to make sure that we stay within the FFP limits.

[four fornicholl]

Is blaming the previous owners an option?

[Dave P]

Is blaming the previous owners an option?

Not when he is still here. Unless you mean Lerner?

[Risso]

The sales of Jack and McGinn this summer should add about £40m to our net profit.

That won’t help one iota re the immediate FFP issue. They cannot he sold until the transfer window opens on 1st July and it is the accounts for the year ended 31st May 2019 which is relevant.  They cannot be sold before 31st May!  Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

I didn't say it would with this year's accounts.  But there's also provision in the rules for showing that you're making an effort in years after you've had a problem, and are at least attempting to get your house in order.  It's why the Blues are in bother, because they effectively stuck two fingers up at the League.

[sirlordbaltimore]

Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

and yet the club hierarchy say absolutely everything is fine and in order

[Captain Sensible]

The sales of Jack and McGinn this summer should add about £40m to our net profit.

That won’t help one iota re the immediate FFP issue. They cannot he sold until the transfer window opens on 1st July and it is the accounts for the year ended 31st May 2019 which is relevant.  They cannot be sold before 31st May!  Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

I didn't say it would with this year's accounts.  But there's also provision in the rules for showing that you're making an effort in years after you've had a problem, and are at least attempting to get your house in order.  It's why the Blues are in bother, because they effectively stuck two fingers up at the League.

The FPP position was well known last summer.  What steps did the board take to address it?  Going out and signing expensive players like Abraham and Mings without selling valuable players doesn’t show any attempt to get the house in order!   It looks like the board has also stuck two fingers up to the board (and maybe the plan was to sell Grealish in January to solve the problem).

[Captain Sensible]

Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

and yet the club hierarchy say absolutely everything is fine and in order

Indeed they do.  All will be revealed soon enough.

[sirlordbaltimore]

Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

and yet the club hierarchy say absolutely everything is fine and in order

Indeed they do.  All will be revealed soon enough.

Correct. Hence me being completely relaxed about it.

[sickbeggar]

How much did we spend on Kalinic? If its really that dire then surely that deal would have been cancelled because only a complete nutter would have gambled on this squad going up in Jaunuary.

[Ads]

Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

and yet the club hierarchy say absolutely everything is fine and in order

Indeed they do.  All will be revealed soon enough.

Do you like Kit-Kats?

[Richard E]

Grealish should have been sold last summer, along with Chester and any other valuable players.  It’s all too late!

and yet the club hierarchy say absolutely everything is fine and in order

Indeed they do.  All will be revealed soon enough.

Do you like Kit-Kats?

Buys loads of them from Tesco’s.