It's the wages that are the problem. Or at least they were whilst we were in the Championship.Our current FFP problem appears to revolve around the ground sale. If my understanding is correct, the PL haven't passed off approval of this transaction. The EFL have questioned the valuation that both Derby & Sheff Wed put on their grounds when they were sold and in Wednesday's case, they have been charged with misleading the EFL with the valuation. If it were to do the same with us and place a lower value on the ground, we would almost certainly fall foul of FFP for the 3 year period that we were in the Championship.
As the tweet says, if you shorten your accounting period, you get effectively get an extra 3 months to prepare the accounts. Educated guess, but with the arguments over the value of the stadium, it may be proving difficult to have them signed off.
It would mean it takes it into next season before the reporting rather than in the close season.
Quote from: Drummond on February 27, 2020, 03:47:21 PMIt would mean it takes it into next season before the reporting rather than in the close season.I fear the losses are going to be astronomical